Volume 3, Issue 6
Published: July 27, 2009
A happy conclusion – for some
After much debate the EU has come to a conclusion and approved the anti-dumping and countervailing measures against US biofuels exports. The temporary fees imposed in March will be extended for five more years beginning on 12 July. Unsurprisingly, the National Biodiesel Board’s (NBB) reaction was a strong one. ‘This is an unfortunate decision,’ states Manning Feraci, VP of federal affairs. Throughout this case the NBB has attempted to show that the European biodiesel industry is not being harmed by US competition. ‘Some EU companies have fared well,’ Feraci says. ‘For those that have not it is factors unrelated to US competition – bad business models; high feedstock costs; and detrimental EU member state policy- that are to blame.’
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