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BIOX receives exemption from EU tariffs on imported biodiesel
Source : biofuels-news.com
To date just two North American companies are exempt from tariffs implemented by the European Commission on biodiesel imported from Canada and the US. Renewable energy company Biox is the most recent to receive this exemption. "This exemption ensures that Biox retains unencumbered access to export our product to the EU, which represents the largest existing biodiesel market today", says Bill Johnson, president and CEO of BIOX. "This exemption is a result of our full cooperation with the EU's process, including the submission of a formal reply to their questions and a site visit from their officials. Our primary markets will remain the US and Canada. However, as we execute our expansion plans to bring new facilities online, this exemption provides us with the broadest possible market and the appropriate flexibility to execute a comprehensive sales strategy across both the North American and European markets."
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17 May 2011 |
Legislation ::
Biodiesel ::
United States & Canada
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