Canadian Biomass Magazine

EC antitrust investigation into biofuel pricing

December 9, 2015 – The European Commission has formally opened an antitrust investigation into three biofuel producers who may have manipulated the biofuel benchmark prices.

December 9, 2015  By Andrew Macklin

According to Retuers, Algocorp SA of Belgium, Lantmännen ek för of Sweden and AbengoaSA of Spain are the three companies who actions are being investigated.

The concerns involve the possibility of collusion between the three companies to affect the ethanol benchmarks produced by pricing agency Platts. Platts, for its part, has noted that it is not a part of the EC’s investigation.

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