Overview
- Senate committees met Thursday to shape a biocombustibles bill that the government bloc wants to send to the floor with a dictamen for a September 10 vote.
- The circulated draft raises the ethanol cut toward 15% and keeps biodiesel at 7.5% initially before moving to 10% after 12 months, while phasing down reserved quotas for non‑integrated pymes to 3% by 2031.
- Regional biodiesel small and medium firms say the timetable will sharply shrink their guaranteed market share and risk closing plants that currently sustain local jobs and supply chains.
- Industry and investors argue a stable new law is needed to unlock large private SAF projects and use Argentina’s idled capacity around Rosario, where producers say roughly 85% of biodiesel capacity sits unused.
- External risks persist because an EU soy land‑use proposal that would have restricted exports has been paused by the European Parliament, leaving regulatory uncertainty that could still affect Argentina’s export market and investor decisions.