Saturday, September 7, 2024
HomeAll NewsBiodieselEuropean Biodiesel Board obtains provisional remedies in fight against unfair Chinese biodiesel...

European Biodiesel Board obtains provisional remedies in fight against unfair Chinese biodiesel imports

Brussels, 20 July 2024 – The European Biodiesel Board (EBB), representing the European producers of biodiesel (HVO & FAME), has successfully obtained provisional anti-dumping duties in its trade case against Chinese biodiesel flooding the EU market. In October 2023, EBB filed an anti-dumping complaint with the European Commission and the investigation was opened in December 2023.

In a pre-disclosure document published today, the European Commission announced it will impose provisional anti-dumping duties on Chinese HVO and FAME imports in four weeks’ time, ranging between 12.8% and 36.4%. In the meantime, EBB will ask for automatic registration of imports during the pre-disclosure stage, bringing some relief to the hard-hit EU biodiesel sector before the duties go into effect. EBB will closely monitor these imports and in the case of an increase during this period, may request retroactive imposition of the definitive duties.

However, EBB is gravely concerned at the EU’s unexpected exclusion of dumped Chinese Sustainable Aviation Fuel (SAF) from these provisional measures. In the Union interests, EBB expects the European Commission to address unfair trade from Chinese SAF producers, which would otherwise seriously damage the industry and lead to a reliance on China in the future. We will be addressing this issue with the regulators as a matter of priority.

The President of the EBB, Dickon Posnett, said: “Today we obtained measures that will start to rebalance the scales. Our next step is to work with the EU to close loopholes that will otherwise undermine this good work, and also to work with Member States and the Commission to ensure any fraudulent practices are dealt with in the future by a more robust sustainability certification system.

Our European businesses have been suffering for far too long under the pressure of unfairly priced Chinese imports and we are very happy to see the European Commission take action. As EBB we remain determined to defend the biodiesel industry’s interests and re-establish a fair trading environment.”

After its earlier success in identifying evidence of fraudulent practices and stopping the suspected re-exporting of Indonesian biodiesel through the Port of Hainan (China), EBB addressed the unfair practices from Chinese biodiesel producers through the initiation of an anti-dumping (AD) investigation. In this AD case, it now also achieved a successful result. The European Commission has always been reactive to tackle unfair trade in the biodiesel sector. Today, it has shown its continued commitment to restore a level playing field in the European Union and we will be pressing for it to be extended to the SAF sector.

RELATED ARTICLES

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular