ANNOUNCEMENT 31 Mar 2016
The Argentinian Government has increased the percentage volume of bioethanol that automobile fuels must contain, obliging producers to use only bioethanol produced in the Northeast of the country.
NUMBER OF INTERVENTIONS
National Executive Power. Poder Ejecutivo Nacional. Decreto 543/2016. http://servicios.infoleg.gob.ar/infolegInternet/anexos/255000-259999/259942/norma.htm
The Decree 543/2016 passed by the Argentinian Government on March 31, 2016, increased from 10% to 12% the minimum volume percentage of bioethanol included in automobile fuels produced in Argentina and established that this 2% increase must come from local producers located in the Northeast of the country. Furthermore, this new legislation established that the composition of the 12% bioethanol had to be obtained by using 50% palm sugar-based bioethanol and the other 50% from corn-based bioethanol.