August 3, 2021
BY Erin Krueger
The European Union on Aug. 2 published a notice announcing it will extend tariffs on U.S. biodiesel for an additional five years, through 2026, following a review by the European Commission. The tariffs have been in place since 2009.
The European Biodiesel Board filed a request with the European Commission in June 2020 on behalf of the European biodiesel industry seeking the five-year extension. The Commission formally launched an investigation review on the anti-dumping and countervailing measures in September 2020.
In the notice published Aug. 2, the Commission said that its investigation demonstrated that two scenarios were possible if the tariffs were to lapse, including a surge of biodiesel imports from the U.S. and a drop in prices in the EU due to increased competition.
“If existing measures were allowed to lapse, the [EU] industry will most certainly be faced with increased unfair competition from the US biodiesel producers most likely putting an abrupt halt to the on-going recovery of the [EU] industry,” the Commission said in the notice.
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A full copy of the notice can be downloaded from the European Commission website.
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The U.S. Energy Information Administration maintained its forecast for 2025 and 2026 biodiesel, renewable diesel and sustainable aviation fuel (SAF) production in its latest Short-Term Energy Outlook, released July 8.
XCF Global Inc. on July 10 shared its strategic plan to invest close to $1 billion in developing a network of SAF production facilities, expanding its U.S. footprint, and advancing its international growth strategy.
U.S. fuel ethanol capacity fell slightly in April, while biodiesel and renewable diesel capacity held steady, according to data released by the U.S. EIA on June 30. Feedstock consumption was down when compared to the previous month.
XCF Global Inc. on July 8 provided a production update on its flagship New Rise Reno facility, underscoring that the plant has successfully produced SAF, renewable diesel, and renewable naphtha during its initial ramp-up.
The U.S. EPA on July 8 hosted virtual public hearing to gather input on the agency’s recently released proposed rule to set 2026 and 2027 RFS RVOs. Members of the biofuel industry were among those to offer testimony during the event.