In Belgium, the final Regulation imposing definitive anti-dumping duties on HVO and FAME from China has been published in the EU Official Journal. Chinese exports into the EU market will be subject to an anti-dumping duty between 21.7% and 35.5%, except for EcoCeres which received a 10% AD duty.
The European Biodiesel Board, and by extension the EU biofuels sector at large, would like to thank DG TRADE of the European Commission for their work and the relief it has brought to the European industry. While the protection against Chinese dumping is not perfect, and there is still work to do to ensure the proper implementation of the duties and their efficiency, we are grateful to see acknowledged how China was harming the EU through unfair competition, and see clear action being taken. In the two-year process we saw workers furloughed, investments postponed and even plants close. We now hope to see a time of growth and investment in Europe.
