US COMMERCE DEPARTMENT MAKES FINAL DECISION ON BIODIESEL IMPORTS FROM ARGENTINA AND INDONESIAThursday, November 23, 2017
The US Department of Commerce (DoC) has made an affirmative final determination in the ongoing countervailing duty (CVD) investigation on biodiesel imports from Argentina and Indonesia. The agency determined that the countries were providing unfair subsidies to their biodiesel producers at rates of 71.45-72.28% in Argentina and 34.45-64.73% in Indonesia, a DoC statement said earlier this month. The department said it would now instruct the US Customs and Border Protection to collect cash deposits from companies and individuals importing biodiesel from Argentina and Indonesia based on the rates the DoC determined. The decision followed a preliminary determination earlier in November, which also confirmed that dumping had taken place. The investigation was initiated by the US biodiesel producers’ association National Biodiesel Board (NBB), which filed the original petition in April.