European crop processor #Südzucker, which owns the #EnsusUK wheat to bioethanol plant on Teesside, has confirmed the significant falls in half year profitability and revenues it had previously predicted. Only one of its five divisions saw positive results.
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German multinational #Südzucker, owner of the #EnsusUK bioethanol plant on Teesside, has reduced its profit expectations for the current financial year that ends in February 2026. It blames lower product prices and higher costs across the group. #CropEnergies
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Associated British Foods is to close its Vivergo Fuels bioethanol plant by the end of August, in the wake of the government decision not to support the UK sector from tariff-free US imports. #EnsusUK #NFU #Sudzucker #VivergoFuels
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The Vivergo Fuels bioethanol plant on Humberside is reported to have stopped accepting wheat deliveries, as it runs down operations ahead of a possible closure from mid-September. #EnsusUK #VivergoFuels
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German multinational crop processor #Südzucker, owner of the #EnsusUK #bioethanol business, has reported a sharp decline in first quarter profitability and revenues, with falls in four of its five component businesses.
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The government has made it clear over the last year that agriculture is not a priority for public funds, when competing for limited resources with areas such as defence and health. #EnsusUK #VivergoFuels
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Vivergo Fuels, one of the UK’s two wheat-to-bioethanol refineries, has warned it may have to close following the US-UK trade deal concession to allow 140 million litres of US bioethanol imports each year tariff-free. #EnsusUK #VivergoFuels
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