Tag: Vivergo

Vivergo suffered stunning losses before closing

Vivergo suffered stunning losses before closing

February 13, 2019 |

In the UK, local press reports that Vivergo lost nearly £60 million during the year just before it announced its closure last October, following a £30 million loss the year prior due to what the company said was a delay by certain European member states to implement the 10% blending mandate called for under the […]

Read More

Vivergo to cease production due to delays in E10

Vivergo to cease production due to delays in E10

September 6, 2018 |

In the UK, given the continued difficult trading environment and delays in the implementation of E10 in the UK over time, Vivergo Fuels Ltd proposes to cease production. Mark Chesworth, Managing Director, Vivergo Fuels Ltd, commented: “I am extremely disappointed at having to announce the proposed cessation of production as of the 30 September 2018 […]

Read More

Vivergo brings ethanol plant back online

Vivergo brings ethanol plant back online

April 11, 2018 |

In the UK, after more than four months offline due to unfavorable economics, Vivergo has brought its ethanol plant in Hull back online thanks to the government exploring the blending of ethanol at 9.75% by 2020. The company said the only way it will ever recuperate its investment is if there is an E10 policy […]

Read More

Vivergo and Ensus fear UK’s proposed 2% cap on conventional biofuels

Vivergo and Ensus fear UK’s proposed 2% cap on conventional biofuels

February 21, 2017 |

In the UK, Vivergo says there is a real chance its ethanol plant in Hull could be shut if the government caps conventional biofuel blending at 2% from the current 4.5% mandate and eventual 9.75% mandate expected for 2020 in line with the European Union Renewable Energy Directive. If conventional biofuels are capped at 0%, […]

Read More

Vivergo calls on UK to implement E10

Vivergo calls on UK to implement E10

November 16, 2016 |

In the UK, Vivergo is calling on the government to implement an E10 blending mandate in an effort to comply with the European Union’s Renewable Energy Directive as well as to support local farmers. Every year the company purchases 1.1 million metric tons of low quality feed wheat to produce ethanol and animal feed. Currently […]

Read More

Vivergo tipped as one of UK’s new official Northern Powerhouse partners

Vivergo tipped as one of UK’s new official Northern Powerhouse partners

November 3, 2016 |

In the UK, Vivergo Fuels, the UK’s largest producer of bioethanol and high protein animal feed, has been chosen as one of the Government’s new official Northern Powerhouse partners and is the only Humberside-headquartered private business to be named on the list. Over 30 businesses, institutions and organizations will help implement the Government’s plan to […]

Read More

Vivergo’s future looking brighter thanks to improved margins

Vivergo’s future looking brighter thanks to improved margins

April 19, 2016 |

In the UK, Associated British Foods says Vivergo’s financial results have improved after performing well during the September to February period. With operations improving and the European ethanol market providing higher crush margins recently, the company believes prospects for the ethanol producer that has suffered many production, market and ownership setbacks in the past few […]

Read More

BP ethanol production rises in 2015 by 47%

BP ethanol production rises in 2015 by 47%

March 9, 2016 |

In the UK, despite having divested from Vivergo and other aspects of the biofuel business over the past few years, BP says it remains committed to the fuel as a necessary part of the road fuel mix. Its Brazilian units produced 795 million liters of ethanol in 2015, up 47% on the year. The company […]

Read More

ABF expects to run Vivergo at a short-term loss while waiting for EU market

ABF expects to run Vivergo at a short-term loss while waiting for EU market

July 9, 2015 |

In the UK, Associated British Foods who owns 94% of Vivergo says that in light of the difficult ethanol situation in Europe it may need to operate the plant at a small loss in the short term but believes as the EU moves towards its 10% renewable energy blending mandate for 2020 that demand will […]

Read More

Vivergo expects 2014 to be a banner year as production reaches for capacity

Vivergo expects 2014 to be a banner year as production reaches for capacity

October 13, 2014 |

In the UK, Vivergo expects its 2014 results to outshine 2013’s loss of GBP48.9 million thanks to operating for a full fiscal year, rather than last year when the plant only came online midway through. Full capacity should be achieved by the end of this year, bringing production up to 420 million liters per year […]

Read More