The International Trade Commission voted 4-0 on Tuesday to affirm the belief that the biodiesel industry has suffered economic harm as a result of dumping of product from Argentina and Indonesia. The move is the last remaining step before antidumping duties can be put in place. Donnell Rehagen, CEO of the National Biodiesel Board, said the dumping “has undermined the jobs and environmental benefits that U.S. biodiesel brings to the table.” In February, the Department of Commerce set final duty rates in the case: 60.44 percent to 86.41 percent for Argentine producers, 92.52 percent to 276.65 percent for producers from Indonesia. According to NBB, final orders putting antidumping duties in place are expected later this month.
Balanced Reporting. Trusted Insights. Friday, February 23, 2024