EU sets countervailing duties on Indonesian biodiesel

Brussels — The European Commission on Tuesday levied countervailing duties on Indonesian biodiesel, saying the move would restore a level playing field for EU biodiesel producers.

“The new import duties are imposed on a provisional basis and the investigation will continue with a possibility to impose definitive measures by mid-December 2019,” the EU executive said in a statement.

It said its investigation showed that Indonesian biodiesel producers benefit from grants, tax benefits and access to raw materials below market prices.


EU sets countervailing duties on Indonesian biodiesel EU sets countervailing duties on Indonesian biodiesel Reviewed by Crude Oil Brokers on 13:04 Rating: 5

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