Greenergy is latest biodiesel plant at risk from cheap US imports
One of Britain's four remaining biodiesel plants is at risk of being shut because of competition from subsidised American imports, in the latest sign of distress in the biofuels sector.
Greenergy, owned by the commodities trading giant Trafigura, said that it had temporarily suspended operations at its Immingham site in Lincolnshire while it conducted 'a strategic review to evaluate the plant's commercial viability amid the significant challenges facing the UK biofuels industry'.
The plant employs 60 people and accounts for about a quarter of the UK's domestic production of biodiesel, which is primarily made from waste products such as used cooking oils. Biodiesel is blended alongside fossil fuel diesel to account for 7 per cent of the diesel sold at pumps around the country,
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