ECJ annuls US ethanol anti-dumping task

Plantations International Agarwood Gaharu News The European Court of Justice (ECJ) has actually annulled the European Union's (EU) country wide 9.5% anti-dumping duty on all ethanol imported from the United States. The duty had remained in place considering that February 2013. US-based Renewable Fuels Association (RFA) and also Development Power revealed that they welcomed the choice, which was made on 9 June. The ECJ ruled that the five-year anti-dumping task of $ 83.03 per metric tonne was void because the European Compensation was required by EU legislation to give each tasted US company its own antidumping rate. Rather, the EC based [...]