08:09 AM EDT, 05/06/2025 (MT Newswires) -- Tidewater Renewables ( TDWRF ) on Tuesday said the Canadian International Trade Tribunal has ended its preliminary injury inquiry over Tidewater's complaint relating to U.S. renewable diesel imports. The court will release an explanation of its reasons on May 23.

Tidewater, which had filed a complaint with the Canada Border Services Agency on Dec. 30, 2024, said it may "promptly" file an amended or new complaint with the CBSA. when it receives the reasons.

"While we are disappointed with the Tribunal's decision, Tidewater Renewables ( TDWRF ) remains committed to free and fair trade in Canada's renewable diesel market. Our view remains that the facts support a finding that unfair trade practices by the United States have caused a flood of subsidized and dumped renewable diesel into Canada. This flood of imports has significantly injured Tidewater, currently the sole Canadian producer of renewable diesel", said Chief Executive Jeremy Baines.