Monday, March 26, 2007
Brazil Soy Industry Prepares For Biodiesel War With Argentina
Brazil Soy Industry Prepares For Biodiesel War With Argentina
SAO PAULO and BUENOS AIRES (Dow Jones)--Brazil's major soyoil producers are preparing for a fight against Argentina over the biodiesel market, hoping Brasilia can convince Buenos Aires that Argentine tax policies are bad for Brazil's biodiesel program.
Brazil soy oil is the number one ingredient used in making biodiesel. Soy oil companies think Argentina's cheaper costs (Argentina has lots of tax incentives for biofuels) will cut them out of the market, especially the export markets.
Read the full report here @ Cattle Network
SAO PAULO and BUENOS AIRES (Dow Jones)--Brazil's major soyoil producers are preparing for a fight against Argentina over the biodiesel market, hoping Brasilia can convince Buenos Aires that Argentine tax policies are bad for Brazil's biodiesel program.
Brazil soy oil is the number one ingredient used in making biodiesel. Soy oil companies think Argentina's cheaper costs (Argentina has lots of tax incentives for biofuels) will cut them out of the market, especially the export markets.
Read the full report here @ Cattle Network
Labels: argentina, biodiesel, brazil, incentives, south-america, soy
PermaLink - Brazil Soy Industry Prepares For Biodiesel War With Argentina posted by Ecacofonix : 8:57 AM
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