Overview

• Greenergy began formal consultation on closing its Immingham plant after suspending operations in May for a viability review.
• The facility generates roughly a quarter of the UK’s biodiesel and has struggled despite cost-reduction efforts.
• Executives blame slower UK mandate growth compared with European benchmarks for eroding the plant’s competitive edge.
• Since the UK removed tariffs on US hydrotreated vegetable oil in November 2022, a surge of cheaper imports has depressed domestic margins.
• Greenergy says higher blending requirements are essential to justify the investments needed for the plant’s long-term viability.