Market News 
01.09.09
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12.12.08
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Taxes Stifle German Biodiesel
11.14.07
A new round of tax increases planned for German biofuels means no new biodiesel plants are likely to be built, according to the chairman of German oilseeds industry association UFOP.
He said many biodiesel producers are likely to find themselves in "severe financial trouble" if Germany's government goes ahead with plans to further increase biofuels taxes on January 1. Even if the second tax rise was suspended, changes are likely in Germany's biodiesel industry.
"At the very least we are in a consolidation phase and, in Germany, we are at the end of the time when more production units will be built," the UFOP chairman said.
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