Biodiesel Network November 1st: Biodiesel is regarded as an important alternative energy source in the era of high oil prices. It has been popularized in some developed countries and the policy of supporting biodiesel is also intensively introduced. In order to speed up the development of biodiesel, China has also introduced some policies, but it is understood that for the current dilemma of the biodiesel industry, many people in the industry still attribute it to the unclear policy.
In 2007 and 2010, China issued the national standards for diesel fuel blending biodiesel BD100 and biodiesel blending fuel B5. Then, in December 2010, the State Administration of Taxation issued the “Notice on the Exemption of Consumption Tax on the Production of Pure Biodiesel from Waste Animal and Vegetable Oilsâ€. With the approval of the State Council, pure biodiesel produced from waste animal oil and vegetable oil is used. Excise consumption tax. In order to reduce the impact of imported biodiesel on domestic enterprises, on January 1, 2014, the consumption tax on the import of China's biodiesel was officially implemented. Although this provides a legal product identity for biodiesel and a standard for blending with petrochemical diesel, the domestic biodiesel development time is short, and biodiesel enterprises are mostly small private enterprises, and all over the country, the strength is weak, and the production is The quality of biodiesel is also uneven. Most oil sales companies believe that the quality of biodiesel is unstable and difficult to accept. Therefore, domestic biodiesel is very limited in sales channels. At present, most of the biodiesel can only flow to the blending diesel market, followed by epoxy plasticizers and the like. It can be seen that the implementation of the consumption tax policy has no obvious boost to the development of the biodiesel market.
In addition, in 2011, the State issued the “Notice on Organizing Subsidy for Bio-energy and Bio-chemical Materials Base†to provide production subsidies and sales tax rebates for biodiesel. However, due to the high threshold for applying for financial subsidies and sales tax rebate subsidies, there are very few units that can enjoy this policy in China. In addition, the State has promulgated the "Notice on Adjusting and Perfecting the Comprehensive Utilization of Resources and Labor Value-added Tax Policies", but the VAT return tax cycle is relatively long, and the application process of tax refunds also costs a lot of money, so that the enterprise A lot of money is being used, and most biodiesel companies are not willing to take risks. It can be seen that the two policies have not had a significant effect on the domestic biodiesel industry.
In recent years, foreign major producers of firewood have successively issued policies on the mandatory addition of biodiesel, and gradually increased the blending rate. South Korea has been forced to add 2% biodiesel blended diesel since 2012. Since 2009, the EU has mandated the deployment of biofuels into motor fuels with a blending capacity of at least 1%, and plans to bring the market share of biodiesel to 12% by 2020. Domestic biodiesel companies have also been calling for direct subsidies for biodiesel. They have also proposed the mandatory addition and use of biodiesel, which will bring more opportunities to the domestic biodiesel industry, but the country is still moving.
At present, domestic biodiesel seems to be weak in terms of policy support; the date of the new policy is not clear, and the domestic biodiesel industry will face great challenges. Perhaps this hurdle will be another scene.
In 2007 and 2010, China issued the national standards for diesel fuel blending biodiesel BD100 and biodiesel blending fuel B5. Then, in December 2010, the State Administration of Taxation issued the “Notice on the Exemption of Consumption Tax on the Production of Pure Biodiesel from Waste Animal and Vegetable Oilsâ€. With the approval of the State Council, pure biodiesel produced from waste animal oil and vegetable oil is used. Excise consumption tax. In order to reduce the impact of imported biodiesel on domestic enterprises, on January 1, 2014, the consumption tax on the import of China's biodiesel was officially implemented. Although this provides a legal product identity for biodiesel and a standard for blending with petrochemical diesel, the domestic biodiesel development time is short, and biodiesel enterprises are mostly small private enterprises, and all over the country, the strength is weak, and the production is The quality of biodiesel is also uneven. Most oil sales companies believe that the quality of biodiesel is unstable and difficult to accept. Therefore, domestic biodiesel is very limited in sales channels. At present, most of the biodiesel can only flow to the blending diesel market, followed by epoxy plasticizers and the like. It can be seen that the implementation of the consumption tax policy has no obvious boost to the development of the biodiesel market.
In addition, in 2011, the State issued the “Notice on Organizing Subsidy for Bio-energy and Bio-chemical Materials Base†to provide production subsidies and sales tax rebates for biodiesel. However, due to the high threshold for applying for financial subsidies and sales tax rebate subsidies, there are very few units that can enjoy this policy in China. In addition, the State has promulgated the "Notice on Adjusting and Perfecting the Comprehensive Utilization of Resources and Labor Value-added Tax Policies", but the VAT return tax cycle is relatively long, and the application process of tax refunds also costs a lot of money, so that the enterprise A lot of money is being used, and most biodiesel companies are not willing to take risks. It can be seen that the two policies have not had a significant effect on the domestic biodiesel industry.
In recent years, foreign major producers of firewood have successively issued policies on the mandatory addition of biodiesel, and gradually increased the blending rate. South Korea has been forced to add 2% biodiesel blended diesel since 2012. Since 2009, the EU has mandated the deployment of biofuels into motor fuels with a blending capacity of at least 1%, and plans to bring the market share of biodiesel to 12% by 2020. Domestic biodiesel companies have also been calling for direct subsidies for biodiesel. They have also proposed the mandatory addition and use of biodiesel, which will bring more opportunities to the domestic biodiesel industry, but the country is still moving.
At present, domestic biodiesel seems to be weak in terms of policy support; the date of the new policy is not clear, and the domestic biodiesel industry will face great challenges. Perhaps this hurdle will be another scene.
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