Argentina increases biodiesel exports to EU after regulatory changes

But the European Commission is set to launch an investigation into whether Argentine producers exporting biodiesel to the bloc are benefiting from unfair subsidies, Reuters said, citing people familiar with the case.

Argentina sent 600,000 tonnes of biodiesel to Europe between September 2017 and mid-January after the European Union lowered import duties, reported Reuters, citing data it received from the country’s main biofuel group Carbio.

The EU cut anti-dumping duties in September to between 4.5% and 8.1% from between 22% to 25.7%.

In November a Carbio analyst estimated that Argentina would ship 500,000 tonnes of biodiesel to Europe in 2018.