Britain’s biggest biofuel plant could close over impact of UK-US trade deal

ABF threatens to shut Vivergo site in Hull in September amid warnings bioethanol industry could collapseBusiness live – latest updatesThe owner of Britain’s biggest bioethanol plant is threatening to close the Hull site by mid-September, putting 160 jobs at risk, after it warned that concessions made in the recent US trade deal would wipe out the industry in the UK.Associated British Foods (ABF) said that it had entered formal negotiations with the government over the future of the Vivergo plant but had begun consultations with staff “to effect an orderly wind-down”, given the outcome of talks with ministers was “uncertain”. Continue reading...

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