November 9, 2017 / 10:07 PM / a year ago

Argentina industry chamber says U.S. biodiesel market closed

BUENOS AIRES (Reuters) - The U.S. Commerce Department’s decision to set final anti-subsidy duties on biodiesel imports from Argentina confirmed the U.S. market is closed to Argentine producers, biofuel chamber Carbio said in a statement on Thursday.

Carbio said the decision had no technical basis and would complicate recent economic reforms in Argentina by cutting off the product that represented a quarter of all Argentine exports to the United States. Carbio said it would work with the Argentine government to achieve a reversal.

Reporting by Caroline Stauffer; Editing by Susan Thomas

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