Vancouver Grain Terminal and EPA wins appeal over NBB
Canada's G3 Global Holdings has announced it will start construction of a grain terminal at Port Metro Vancouver in March, committing to a project that's been under consideration since last year.
G3, formerly known as the Canadian Wheat Board, is a
partnership of Saudi Arabian agriculture company SALIC and U.S.grain handler Bunge Ltd.
An appeals court has sided with the Environmental Protection Agency in a dispute over biodiesel imports from Argentina.
Last year, the National Biodiesel Board filed a petition with the EPA over the agency's decision to allow third party survey's to demonstrate imported biodiesel compliance under the Renewable Fuel Standard.
The board said many of the soybeans processed into soybean oil in Argentina came from other countries including Uruguay, Peru and Brazil.
An NBB spokesperson says the decision will have negative implications for the industry and they are looking at appeal options.