Overview
- Vivergo Fuels has started staff consultations for an orderly wind-down set to finish by September 13 if no government funding is agreed.
- The UK-US trade agreement eliminated a 19% tariff on American ethanol imports, making UK production commercially unviable.
- Business and Transport Secretaries have held extensive meetings with ABF executives and pledged to negotiate both short-term funding and long-term regulatory reforms.
- A plant closure would directly affect over 160 employees and jeopardize roughly 4,000 indirect jobs across the Humber and Lincolnshire region.
- Industry leaders warn that losing domestic bioethanol capacity would undermine net-zero targets and plans for sustainable aviation fuel.