U.S. says Glencore unit to pay record $27 million for biofuels compliance

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U.S. says Glencore unit to pay record $27 million for biofuels compliance

U.S. says Glencore unit to pay record $27 million for biofuels compliance



WASHINGTON (Reuters) – Glencore Plc’s bunker fuel unit has agreed to pay a $27-million penalty and retire over $71 million worth of credits for compliance with the U.S. biofuels program to resolve charges it violated the policy, the U.S. government said on Thursday.

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