Close Menu
KumbhCoinorg
    What's Hot

    Rising vet costs leave charity with £400k bill

    February 14, 2026

    Coinbase (COIN) And Strategy (MSTR) Shares Surge Today

    February 14, 2026

    Which British sitcom does Margot Robbie think is the best thing on TV?

    February 14, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Rising vet costs leave charity with £400k bill
    • Coinbase (COIN) And Strategy (MSTR) Shares Surge Today
    • Which British sitcom does Margot Robbie think is the best thing on TV?
    • ‘One day, you’ve to watch me play for India in a World Cup from the stands’: How Abhishek Sharma is fulfilling an old promise in Colombo | Cricket News
    • OSSSC CRE recruitment 2026: Application for 1,518 posts ends tomorrow; direct link to apply here
    • Bitcoin’s Death by a Thousand Cuts: Why Current Volatility is the Ultimate HODLer Test
    • USDCBL Set to Power Aptos Labs’ New Derivatives Exchange
    • GBP/USD Forecast: Holds Bid as Dollar Confidence Frays; 1.3925 in View
    Facebook X (Twitter) Instagram
    KumbhCoinorg
    Saturday, February 14
    • Home
    • Crypto News
      • Bitcoin & Altcoins
      • Blockchain Trends
      • Forex News
    • Kumbh Mela
    • Entertainment
      • Celebrity Gossip
      • Movie & TV Reviews
      • Music Industry News
    • Market News
      • Global Economy Insights
      • Real Estate Trends
      • Stock Market Updates
    • Education
      • Career Development
      • Online Learning
      • Study Tips
    • Airdrop News
      • Ico News
    • Sports
      • Cricket
      • Football
      • hockey
    KumbhCoinorg
    Home»Market News»US deal may force Redcar biofuel plant to close, Ensus warns
    Market News

    US deal may force Redcar biofuel plant to close, Ensus warns

    kumbhorgBy kumbhorgJune 16, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    US deal may force Redcar biofuel plant to close, Ensus warns
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    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 a “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.

    The two plants produce bioethanol, which is blended with petrol to produce more environmentally friendly fuels, such as E10 petrol in the UK.

    Ensus’s Redcar plant sources feed grain from farms in the UK and Europe to produce about 400 million litres (88 million gallons) of bioethanol each year.

    It also sells the byproducts from this process, such as high protein animal feed, to farmers.

    The firm said it employed more than 100 people at the plant and that it supported a wider supply chain of about 3,000 people in northern England.

    It is understood the influx of US produced bioethanol into the UK would severely undercut Ensus and ABF’s businesses.

    Mr Pearson said the loss of the Teesside plant would also mean a “catastrophic knock-on effect in other vital sectors of the economy”.

    The UK is already the second-highest destination for US ethanol exports, according to US ethanol lobby group Renewable Fuels Association.

    Its head Geoff Cooper said in May: “We are excited about the prospects of expanded market access that will help boost our farm economy, while also delivering lower-cost, cleaner fuel to UK drivers.”

    US commerce secretary Howard Lutnick said on X on Thursday that he was looking forward to the UK-US deal becoming “simultaneously active in the coming days”.

    biofuel close deal Ensus Force plant Redcar warns
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleJapan’s Metaplanet Hits 10,000 Bitcoin, Overtakes Coinbase
    Next Article NHL Rumors: Colorado Avalanche, and the Top 30 NHL Trade Targets
    kumbhorg
    • Website
    • Tumblr

    Related Posts

    Market News

    Rising vet costs leave charity with £400k bill

    By kumbhorgFebruary 14, 2026
    Global Economy Insights

    Inflation Is Cooling: Jan 2026 Increase Below Seasonal Norms

    By kumbhorgFebruary 14, 2026
    Real Estate Trends

    2319 S Columbine Street – University Park Denver

    By kumbhorgFebruary 14, 2026
    Stock Market Updates

    India – Largest Silver Importer

    By kumbhorgFebruary 14, 2026
    Market News

    Andrew facing claim he shared Treasury document with banking contact

    By kumbhorgFebruary 14, 2026
    Forex News

    Interim trade deal caps near-term INR gains – MUFG

    By kumbhorgFebruary 14, 2026
    Add A Comment

    Comments are closed.

    Don't Miss

    Rising vet costs leave charity with £400k bill

    By kumbhorgFebruary 14, 2026

    The group, based in Solihull and Wolverhampton, says its vet bills are costing them more.

    Coinbase (COIN) And Strategy (MSTR) Shares Surge Today

    February 14, 2026

    Which British sitcom does Margot Robbie think is the best thing on TV?

    February 14, 2026

    ‘One day, you’ve to watch me play for India in a World Cup from the stands’: How Abhishek Sharma is fulfilling an old promise in Colombo | Cricket News

    February 14, 2026
    Top Posts

    Satwik-Chirag storm into China Masters final with straight-game win over Malaysia | Badminton News

    September 21, 2025132 Views

    SaucerSwap SAUCE Crypto Breaks Key Resistance Amid Nvidia-Hedera Deal

    July 15, 202545 Views

    Unlocking Your Potential with Mubite: The Future of Crypto Prop Trading

    September 17, 202533 Views

    Stablecoins 2025 Exchange Reserves: Insights into DeFi Trends

    September 8, 202532 Views
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us

    Welcome to KumbhCoin!
    At KumbhCoin, we strive to create a unique blend of cultural and technological news for a diverse audience. Our platform bridges the spiritual significance of the Kumbh Mela with the dynamic world of cryptocurrency and general news.

    Facebook X (Twitter) Pinterest WhatsApp
    Our Picks

    Rising vet costs leave charity with £400k bill

    February 14, 2026

    Coinbase (COIN) And Strategy (MSTR) Shares Surge Today

    February 14, 2026

    Which British sitcom does Margot Robbie think is the best thing on TV?

    February 14, 2026
    Most Popular

    7 things to know before the bell

    January 22, 20250 Views

    Reeves optimistic despite surprise rise in UK borrowing

    January 22, 20250 Views

    Barnes & Noble stock soars 20% as it explores a sale Barnes & Noble stock soars 20% as it explores a sale

    January 22, 20250 Views
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    • About Us
    © 2026 Kumbhcoin. Designed by Webwizards7.

    Type above and press Enter to search. Press Esc to cancel.