Market News 
10.25.07
Germany Biodiesel Tax To Increase
According to Berliner Zeitung, the German Finance Minister will propose a $0.12 ...
10.23.07
Petrotec Suspends Biodiesel Production
German biodiesel producer Petrotec has temporarily stopping biodiesel production...
10.16.07
Global Oilseed Production Forecast Lower
Global oilseed production is forecast to fall 3.8%to 382 million tons over the n...
10.09.07
Global Biodiesel Market To Reach 37 Billion Gallons By 2016
The global biodiesel market is estimated to reach 37 billion gallons by 2016, gr...
10.09.07
Flex-Fuel Cars Are 85% of New Sales in Brazil
Flex-fuel cars, introduced in Brazil in 2003, now represent 85% of new car sales...
10.05.07
Banks To Launch $300 Million Islamic "Green Fund"
Amanahraya Investment Bank Ltd (AIB) will launch a $300 million Islamic fund in ...
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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