EU approves definitive duties on biodiesel imports from China
The definitive duties apply to hydrotreated vegetable oil (HVO) and fatty acid methyl ester (FAME) biofuels imported from China.
PHOTO: The European Commission building in Brussels. Getty Images
EU member states formally adopted these duties during a recent Trade Defense Instruments Committee meeting. The European Biodiesel Board (EBB) has welcomed these definitive duties which will be implemented for the next five-year period.
“After Indonesia, Argentina and the USA, we now have measures in place against China,” Xavier Noyon, the EBB's secretary general, said.
The duties are a result of a European Commission investigation, launched in December 2023, into the heavy influx of Chinese biodiesel into the EU market. The EBB and other EU-based biofuel producers investigated allegations that Chinese exporters were flooding the EU market with massive quantities of lower-priced biodiesel.
In July 2024, the EU enforced provisional anti-dumping duties of up to 36.4% on biodiesel imports from China. The investigation will continue until February, after which the EU will officially publish the regulations.
By Manjula Nair
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