In the United Kingdom, the impact of Vivergo Fuels’ closure will be felt beyond the 150 employees, as 900 farms across Yorkshire and the 1.1 million tons of wheat that the biofuel plant processes is now at risk. It is estimated that the closure will affect over 3,000 jobs directly or indirectly. As reported in […]
In the UK, Vivergo Fuels has mothballed its wheat-based ethanol facility in Hull indefinitely due to the lack of government policy that would drive the biofuel sector. The government released a policy in September for E10 but no plans have been made to implement it. “Over the past six weeks we have seen bioethanol prices […]
In the UK, Vivergo Fuels says the government’s proposed 2% cap of crop-based biofuels—far below the EU’s 7% cap—would destroy the country’s ethanol industry in the northeast that would not only lead to a loss of jobs in ethanol production and R&D but also leave farmers to export their low quality feed wheat at much […]
In the UK, Vivergo Fuels’ managing director published a passionate plea to European policymakers in Politico to take into consideration the impact on farmers should conventional biofuels be phased out. With expected increased competition from US and Canadian ethanol as a result of TTIP and CETA, he argues that farmers need policy support more than […]
In the UK, ABF has acquired BP’s 47% stake in Vivergo Fuels, bringing the company’s total shareholding in the facility to 94%. The facility reached full production capacity in 2014 and supplies half of the UK’s ethanol demand as well as animal feed.
In the UK, falling oil prices and weaker margins have also taken a hit on Vivergo Fuels where one of its parent companies Associated British Foods has written down $148 million on its investment. The Euro’s 3% fall against the pound has weighed even more heavily on UK-based ethanol producers than those on the continent […]
