Business Editor and Business Reporter
Facing the UK’s bioethonol industry, after a government decision not to offer the rescue package to the sector.
The two major producers of the country, the ENSS plant in the raids on plow-based vivo fuels and tesides, first warned that they would be forced to shut down without the support of the government, to allow us to tariff-free after a deal.
Associated British Foods (ABF), who owns Vivogo, said on Friday that the government’s decision not to support the “major national property” was “deeply”.
The government said that it had worked with companies since June, but had decided not to provide them “taxpayer funds” funds.
US-UK Trade TreatyAgreed in May, removing 19% tariff on the US -imported ethanol, in a quota of 1.4BN liter. This is almost equal to the current size of the UK market and the firms claim that the trade agreement made its businesses “commercially”.
Vifergo said it had presented the government with a plan to return the firm for profitability.
“In making this decision, the government has thrown the billions in a possible growth in Hamber, a sovereign ability in clean fuel that had a chance to lead the world.”
It said that jobs in clean energy will now move forward abroad.
The firm said, “This plant should always be beneficial under the right regulator environment, as displaying similar plants in Western Europe.”
German -owned ENS has also been contacted for comment.
Two plants employ 270 people, but their closed supply chain may affect thousands of more.
A government spokesperson said that “after working with companies for weeks to understand the financial challenges faced in the last decade, the government had taken a difficult decision to not offer direct funding” as it would not provide value to the taxpayer or solve long -term problems.
The government said that it is believed that it was “a difficult time for workers and their families” and said that it would work to support the trade unions, local partners and companies affected by companies.
A fuel made of bioethaneol, wheat, corn or beet, E10 is added to the E10 petrol in fuel.
Sources in the region said that the government hurts the industry delayed by delayed petrol migration with high bioathanol materials.
The government has earlier stated that by 2030 it wants 10% of all fuels used in aircraft to come from permanent sources, one of which is bioethaneol.
The bioethanol industry buys thousands of tonnes of wheat from the UK fields, and ENSS also produces 30% of the UK commercial carbon dioxide – used in soft drinks, medical and nuclear industries.
The government said it will continue to work on measures to ensure the flexibility of the CO2 supply chain.