The Commerce Department announced affirmative final determinations in the antidumping duty investigations of biodiesel from Indonesia and Argentina, and the International Trade Commission is set to issue final determinations for the investigations April 6.
The Commerce Department on Wednesday announced affirmative final determinations in the antidumping duty investigations of biodiesel from Indonesia and Argentina.
In the Argentina investigation, Commerce calculated final dumping rates of 60.44 percent for LDC Argentina S.A.; and 86.41 percent for Vicentin S.A.I.C., Renova S.A., Oleaginosa Moreno Hermanos S.A., Molinos Agro S.A., Patagonia Energia S.A., VFG Inversiones y Actividades Especiales S.A., Vicentin S.A.I.C. Sucursal Uy, Trading Company X, and Molinos Overseas Commodities S.A.
In the Indonesia investigation, Commerce determined a dumping rate of 276.65 percent for PT Musim Mas on the basis of adverse facts available because the company failed to provide certain information requested, Commerce said.
For the same investigation, Commerce calculated a final dumping rate of 92.52 percent for Wilmar Trading PTE Ltd., and for all other producers/exporters.
Commerce will instruct U.S. Customs and Border Protection to collect cash deposits from importers of biodiesel from Argentina and Indonesia based on the final rates upon publication of final affirmative AD determinations in the Federal Register.
“Today’s decision allows U.S. producers of biodiesel to receive relief from the market-distorting effects of foreign producers dumping into the domestic market,” Commerce Secretary Wilbur Ross said in a statement. “While the United States values its relationship with Argentina and Indonesia, even our closest friends must play by the rules.”
The National Biodiesel Fair Trade Coalition, an “ad hoc association” comprising the National Biodiesel Board and 15 domestic biodiesel producers, petitioned for the duties, Commerce said.
The International Trade Commission (ITC) is set to issue final determinations for the investigations on April 6.
If the ITC makes affirmative final injury determinations, Commerce will issue antidumping orders, but if the commission makes negative final determinations of injury, the investigations will be terminated with no duties assessed.
Commerce confirms antidumping duties for Argentina, Indonesia biodiesel
