BERLIN: The standstill is expected to last at least for the duration of the second quarter of 2018 and will be reviewed during the third quarter. The Mainz plant has capacity of about 275,000 tonnes a year, Reuters data shows.
Rising biodiesel imports from Argentina and an expected surge in shipments from Indonesia threaten to cripple biodiesel output in the European Union, the world’s top producer, industry experts said on March 7.
The EU has removed duties on biodiesel imports for 13 Argentine and Indonesian producers following the end of legal proceedings at the European Court of Justice (ECJ), an EU document this week showed.
The EU set anti-dumping duties on imports of the renewable fuel from the two countries in 2013, but faced a series of legal challenges at the European Court of Justice and the World Trade Organization. Both bodies ruled against the EU measures.
“Since September 2017, the European Union has seen an influx of imported biodiesel which has placed significant pressure on the local market, impacting profitability for European-based producers.
