AGRIBUSINESS: Renewable Industry Responds to Anti-Dumping Investigation
The European Commission has issued a “general disclosure document” setting forth its proposed ruling in the anti-dumping investigation involving U.S. ethanol exports to Europe.
“Anti-dumping” refers to importing from foreign markets to undercut domestic products, which may be more expensive.
Growth Energy and the Renewable Fuels Association say they are continuing to cooperate with the Commission’s investigation; both groups are troubled by the news that the Commission is recommending a 9.6% anti-dumping duty to its Member States. But Growth Energy and RFA are convinced that if all the facts are considered, the European Union will decide not to impose any anti-dumping duties on imports of ethanol produced in the U.S.