10-07-2025
Greenergy Immingham biodiesel plant talks to start on its closure
Talks are due to start on a proposal to permanently close a biodiesel plant in North East Lincolnshire, a fuel supplier has confirmed it will begin a consultation process to cease production at its site in Immingham due to "continuing market pressures".According to Reuters news agency, about 60 jobs are at risk at the plant, which began operating in CEO, Adam Traeger said it had been "an incredibly difficult decision" and it would begin consulting with affected employees "as soon as possible".
The announcement comes more than a week after owners of the nearby Lindsey oil refinery announced insolvency, putting 420 jobs at which has been in business for over 30 years and is part of the Trafigura Group, said a strategic review was undertaken into the site's future in Traeger said: ''It has been an incredibly difficult decision to enter consultation on the proposed closure of our Immingham site, and a decision we have not taken lightly. "However, in light of continuing market pressures, we unfortunately do not have enough certainty on the outlook for UK biofuels policy to make the substantial investments required to create a competitive operation at Immingham."Listen to highlights from Lincolnshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here.