Oil & Gas News – Late June 2025
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A bioethanol plant will be forced to close “imminently” unless the government acts, according to its operator. Ensus, which runs the Redcar plant, said the recent UK-US tariff deal “fundamentally undermined its business position”, as it removed a 19% tariff on US ethanol imports. The firm’s chairman Grant Pearson said the government needed to come up with an “urgent” solution to save skilled jobs in the region.
A Department for Business and Trade (DBT) spokesperson said it was working closely with the bioethanol industry to understand the impacts of the deal