Last update: 23.12.2008
European Biodiesel Production growth slows to 16.8%
Source : greencarcongress.com
Statistics from the European Biodiesel Board (EBB) show a much lower rate of production growth in the year 2007 compared to previous years, which the EBB attributes to market conditions and competition from US B99 imports (earlier post). Production increased 16.8% in 2007 to 5.7 million tonnes, from 4.9 million tonnes in 2006. The yearly growth of 16.8% in 2007 is in contrast to 54% in 2006 and 65% in 2005. Biodiesel production has decreased in 6 of 26 Member States since 2006, and has stagnated in many other countries. The EBB says that this negative change shows the difficulty for EU producers to compete with B99 imports from the US. Against this background, EBB welcomes the Commission’s decision of last June 13th to initiate antidumping and antisubsidy investigations.
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28 June 2008 |
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