TRFIGURA vital diesel factory to close it in a new kick for the UK industry

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The vital diesel fuel factory in northern England is scheduled to close the UK’s latest blow after the oil refinery collapsed in the same area last week.

Greenergy, owned by Trafigura, the giant commercial company for global commodities, said on Thursday that it had planned to end the production of vital diesel fuel in IMingham, in the northeastern Lincolnche. The product was mixed in natural diesel to reduce carbon dioxide emissions from transportation.

The company blamed the difficult market conditions for the competition from American imports and adequately ambitious delegations to use biological diesel fuel in Britain. Plans are subject to consultation with a 60 -year workforce.

The factory produces more than 100,000 tons annually of vital diesel fuel, most of them are used. It represents about a quarter of the production capacity of the biological diesel in the United Kingdom.

Adam Traigger, CEO of Greenergy, said he had no adequate certainty in expectations of the United Kingdom Biofuel A policy to make large investments is required to make IMMINGAM competitive.

Trafigura Greenergy bought BROKFILD’s Canadian infrastructure giant last year at an unknown price, saying that she plans to “explore new opportunities that support the transition to a lower carbon future.”

Greneergy also has a second and largest vital fuel in Teesside, about 100 miles to the north of IMMININGAM, and the third in the Netherlands.

The planned closure of the IMMININGHAM factory comes less than two weeks after the Lindsey Oil refinery, which is only a few miles away, It collapsed in insolvencyPut about 400 jobs in danger.

The UK vital diesel industry was pressured by the flow of US imports after the UK removed the customs tariffs on the hydrogen -treated vegetable oil (HVO), a form of biological diesel fuel, in November 2022, but the European Union kept its place.

The UK’s commercial means of means of recession has opened an investigation to combat dumping at HVO imports from the United States last year, after complaints from British producers.

Garreigi also said that Britain’s policy regarding the percentage of land transport fuel, which should come from renewable sources, such as biological or ethanol fuel, was less than European countries. The current goal of the United Kingdom, which of 12.15 percent, is scheduled to increase to 14.6 percent by 2032.

Last year, Argent Energy has made plans to photograph the biological diesel fuel plant in Motherweell, Scotland, to blame the competition from Chinese imports and the United States.

ABF Sugar also said that it will close the Vivego unit based on the largest biological factory in Britain-what the UK has not provided more supportive policies. Ethanol consists of sugars and mixes with gasoline.

The future of the Pythanthanol industry in the United Kingdom was thrown in June after Prime Minister Sir Kerr Starmer agreed to an import share of 1.4 billion customs tariffs in the United States as part of an agreement with US President Donald Trump. The share is equivalent to the total annual demand in the UK on the product.

Paul Keniard, CEO of ABF Sugar, said the government needs to create a stadium for biofuels in the UK.

“At the present time, the UK’s policy environment is the opposite. It is away from investment, distorting the market and exposing important sites strategically at the risk of closing … time runs out,” Kinard said.

A government spokesman said: “We are dealing with the company (Greenergy) to understand the challenges and how we can address their concerns,” a government spokesman said.