The £350 million Vivergo bioethanol plant in Hull (England) was officially opened this week by Vince Cable, Member of Parliament, Secretary of State for Business, Innovation and Skills. The new plant is the UK’s biggest bioethanol producer and largest single-source supplier of animal feed providing valuable commodities that the UK would usually import.
Oil major BP is directing investment in advanced biofuels to the United States and South America due to uncertainty about the European Union’s future regulatory environment.
“At the moment we are not contemplating investing in second-generation cellulosic (ethanol) in Europe simply for the reason that there is not enough certainty on what the market conditions will be like,” Phil New, head of BP Biofuels, said in an interview with Reuters UK.
IL BIOECONOMISTA 