TITLE

German market falls

AUTHOR(S)
Williams, Dede
PUB. DATE
April 2007
SOURCE
ICIS Chemical Business;4/2/2007, Vol. 2 Issue 60, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that German biodiesel producers are claiming a drop of 30 to 40% in sales since a 9 euro cents per litre tax on the plant-based fuel was introduced at the start of 2007. The federal regenerative fuels association, BBK, says producers are losing 4 to 8 euro cents per litre, and this has led to a reduction of production capacity of 400,000 tonnes per year. The association says by autumn, 60% of growers could be insolvent.
ACCESSION #
24889289

 

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