The Colombian Ministry of Commerce, Industry, and Tourism announced it will impose duties on U.S. ethanol exports into Colombia.
The U.S. ethanol industry and biofuels groups were not happy with the move.
“While we have cooperated fully with investigating authorities in Colombia to demonstrate these final duties are unjustified, the Colombian government took the side of the Colombian ethanol industry,” says the U.S. Grains Council, Growth Energy, and the Renewable Fuels Association in a statement.
“The Ministry’s decision was not supported by evidence and raises questions regarding the Ministry’s compliance with standard CVD procedures.”
The groups say the U.S. ethanol industry remains committed to their partners in Colombia and will continue to help the country meet its blending targets and provide benefits to Colombian consumers so they may access a clean, renewable, and affordable fuel.
The U.S. Grains Council develops export markets for barley, corn, sorghum, and related products like distiller’s dried grains with solubles and ethanol.
Growth Energy represents producers and supporters of the ethanol industry to bring consumers better choices at the fuel pump.
