16 May '11, 10am

Ensus shuts down £300m biofuels plant in Teesside for 4 months, blames cheap US imports for disrupting mkt:

The UK's largest biofuels plant is to shut down production for up to four months, blaming lower than expected demand in a European market flooded with cheaper subsidised bioethanol from the US. Owners Ensus confirmed in a statement that its £300m plant at Wilton on Teesside will close for between two and four months from the end of May, although the facility's 100 employees will remain on full pay. FURTHER READING Senators propose biofuel shake up with end to ethanol subsidies IEA: Biofuels could supply 27 per cent of transport fuel by 2050 The company said that the decision was largely a result of long delays to the implementation of the EU directive specifying that 10 per cent of transport fuel must come from renewable sources by 2020, which it accused of creating uncertainty for European producers. The directive has been held up because EU member states cannot agree on ...

Full article: http://www.businessgreen.com/bg/news/2071067/ensus-plant-...

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