14 hours ago
- Business
- Wall Street Journal
AB Foods' Bioethanol Business to Begin Wind-Down Consultation With U.K. Workers
Associated British Foods said its bioethanol business Vivergo would begin a consultation with employees as part of its wind-down, despite live talks with the U.K. government.
The London-listed company said Thursday that the commercial viability of Vivergo had been undermined by the U.K.'s trade deal with the U.S., which allowed tariff-free U.S. ethanol into the U.K.
