Global prices, low demand, US competition contribute to production shut down; plant processes 1 million metric tons of wheat annually
The Ensus bioethanol plant in the UK will temporarily shut down production for up to four months due to a combination of global grain prices, low demand and competition from the U.S., according to reports.
The plant currently uses more than 1 million metric tons of wheat annually to produce ethanol, animal feed and carbon dioxide for the food and drink industry. “Ensus remains committed to operating and growing our European business,” said the company in a statement. “However, to ensure the long-term health of the business for both our customers and our employees we have decided to temporarily shut down our facility while market conditions remain depressed. We fully expect the market to improve in the coming months.”