US deal 'may force UK biofuel plant to close'
Summary
A bioethanol plant in Redcar, run by Ensus, might have to close soon due to a new trade agreement between the UK and the US. This agreement removes a tariff on US ethanol imports, which Ensus says hurts its business and could risk many jobs.Key Facts
- Ensus operates a bioethanol plant in Redcar, UK.
- The plant produces around 400 million liters of bioethanol each year.
- A recent trade deal removed a 19% tariff on ethanol imported from the US.
- Ensus claims this change threatens its business and jobs at the plant.
- Over 100 people work at the plant, with a larger supply chain impacting about 3,000 jobs in northern England.
- Ensus's warning follows a similar statement from Associated British Foods regarding its bioethanol plant near Hull.
- Bioethanol is mixed with petrol to make greener fuel, such as E10 petrol used in the UK.
- The US is a major exporter of ethanol to the UK, with expectations for increased market access due to the new deal.
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