Argentina, Indonesia Hit With EU Tariff on Biodiesel Imports

The European Union imposed tariffs on biodiesel from Argentina and Indonesia, expanding renewable-energy trade barriers after EU import levies against the U.S.

The duties punish Argentinian and Indonesian exporters of biodiesel, a type of biofuel made from vegetable oils and animal fats for use in diesel engines, for allegedly selling it in the EU below cost, a practice known as dumping. Molinos Rio de la Plata SA, Aceitera General Deheza SA and Pelita Agung Agrindustri are among the companies targeted by the levies as high as 104.92 euros ($135.46) a metric ton, or 10.6 percent.