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Biofuel: Market Conditions Tougher on Both Sides of the Atlantic?
4:55 AM MDT | May 17, 2011 | Alex Scott
There are indications that the market pressure for biofuel manufacturers on both sides of the Atlantic may be increasing. Ensus (Wilton), the owner of Europe’s largest biofuels refinery, a £300 million ($488 million) facility at Wilton, U.K., this week disclosed that it will temporarily close its facility. Also this week, in the U.S., by order of a Louisiana bankruptcy court, South Louisiana Ethanol LLC.’s complete ethanol processing facility at Jesuit Bend, LA is up for auction. Ensus will shut its facility, which uses 1 million...
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