
Market News 
05.06.08
$245 Million Ethanol Plant Planned For Niagara Falls
Plans by a Toronto company to launch a $245 million ethanol production plant in ...
05.05.08
Republican US Senators Ask to Ease RFS Requirements
Two dozen Republican US Senators, including Republican presidential candidate Jo...
05.02.08
Malaysian Palm Oil Exports At Four Month High
Malaysia's palm oil exports rose 7.4% on the month to a four month high of 1.31 ...
05.01.08
Canadians Show Strong Support for Biofuels
The results of a nationwide poll find that Canadians overwhelmingly support the ...
04.30.08
Biodiesel Investments Slowing In Southeast Asia
Plans to invest billions of dollars in biodiesel refineries across Southeast Asi...
04.29.08
EU Considering Strict Criteria for Biofuel Imports
According to media reports, the EU is considering bringing in stringent criteria...
04.28.08
Argentina Economic Minister Resigns
Argentina Economy Minister Martin Lousteau has resigned, replaced by Carlos Fern...
04.25.08
EBB Files Import Complaint Against US
The European Biodiesel Board announced it has filed a complaint with the Europea...
04.24.08
Columbian Sugar Exports Decline For Second Year
Colombia's sugar exports declined for a second consecutive year. According to t...
04.23.08
UN Official Calls Biofuels Media Coverage "Simplistic"
Current news coverage and headlines blaming biofuels for shortages of food crops...
Biofuels Escape Argentina Export Tax
11.14.07
Argentina has increased the export tax on soybeans, soy-based products, and corn, but not on biofuels, according to analysts.
The government raised the export tax on soy from 27.5% to 35%, and the tax on soy meal and soy oil exports from 24% to 32%. However, the export tax on soy-based biodiesel was left at 5%, with a 2.5% tax credit—an effective export tax rate of 2.5%.
The government also raised the tax on corn exports from 20% to 25%, while corn and sugar-based ethanol exports are taxed at an effective rate of 1%.
Argentina is expecting to quadruple biodiesel production next year, and by the end of the decade will be making 10 times the amount it produced in 2007, according to a report by the U.S. Department of Agriculture.
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