US National Biodiesel Board petitions against 'illegal' biodiesel imports
(Reuters) -- The National Biodiesel Board said on Thursday it has filed a petition to the US government to investigate imports from Argentina and Indonesia, saying they have violated trade laws by flooding the US market with dumped, subsidized biodiesel.
The National Biodiesel Board filed the request with the US Department of Commerce and US International Trade Commission on behalf of US biodiesel producers, who have been hit by soaring imports of the biofuel in recent years, the group said in a statement.
Biodiesel imports from Argentina and Indonesia rose 464% from 2014 to 2016, taking about 18% of market share, the biodiesel board said.
"Our goal is to create a level playing field to give markets, consumers and retailers access to the benefits of true and fair competition," said National Biodiesel Board Chief Executive Officer Donnell Rehagen.
Reporting by Christine Prentice in New York and Michael Hirtzer in Chicago; Editing by Marguerita Choy
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