Archer Daniels Midland Company (ADM) has praised the International Trade Commission (ITC) after it voted to advance an investigation into biodiesel exports from Argentina and Indonesia.
"As one of the petitioners on this important industry initiative, we are pleased to see that the ITC has taken the first step toward imposing countervailing and antidumping duties on biodiesel imported from Argentina and Indonesia,” said Ray Bradbury, president of risk management for ADM’s corn processing business and president, North America biodiesel. “The facts clearly show that Argentina and Indonesia are engaging in unfair trade practices, and we are confident that duties will be imposed when the final decision is made".
“This process exists to prevent export practices that injure workers in the importing countries—in this case, the US. American farmers, American workers and American biodiesel can and should have a free and fair playing field."
Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/08052017/adm-praises-itc-for-investigating-imported-biodiesel/