Ensus plant @ Redcar - Is the UK Government bothered?

Redwurzel

Redwurzel

Well-known member
Looks like 500 decent manufacturing jobs going from Teesside area.

Is anyone really bothered in London? (except Anna Turley)

Article states electricity is double the price it should in the UK due to social tariffs.

If 500 people stop paying direct tax that's £3.5m lost in taxes - isn't it?

www.gazettelive.co.uk

MP criticises Mayor's 'deeply irresponsible' comments on future of Ensus

Biofuels manufacturer Ensus feared an 'imminent closure' of its Redcar plant when the USA-UK trade deal was announced
www.gazettelive.co.uk www.gazettelive.co.uk
 
Redwurzel said:
Looks like 500 decent manufacturing jobs going from Teesside area.

Is anyone really bothered in London? (except Anna Turley)

Article states electricity is double the price it should in the UK due to social tariffs.

If 500 people stop paying direct tax that's £3.5m lost in taxes - isn't it?

www.gazettelive.co.uk

MP criticises Mayor's 'deeply irresponsible' comments on future of Ensus

Biofuels manufacturer Ensus feared an 'imminent closure' of its Redcar plant when the USA-UK trade deal was announced
www.gazettelive.co.uk www.gazettelive.co.uk
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Pricing of Ethanol in Europe is volitile and Ensus profit and loss is dependent upon it. However this government allowing US to import the product cheaper than it can be manufactured on Teesside, and Vivergo at Immingham is suicidal for the businesses and its employees.
 
Estonboy said:
Pricing of Ethanol in Europe is volitile and Ensus profit and loss is dependent upon it. However this government allowing US to import the product cheaper than it can be manufactured on Teesside, and Vivergo at Immingham is suicidal for the businesses and its employees.
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As I said at the time the tariffs were introduced and when Starmer caved; the UK is just a vassal of the US and the demand for imperial tribute has been increased.
 
Only about 100 people work there, obviously are knock on effects in the supply chain. It is a tricky one, the profitability was on a knife edge anyway but the tariff agreement that the government had to make means it simply can't be profitable. The question is it worth it to the government sinking lots of money probably long term.
 
motownjunk said:
Only about 100 people work there, obviously are knock on effects in the supply chain. It is a tricky one, the profitability was on a knife edge anyway but the tariff agreement that the government had to make means it simply can't be profitable. The question is it worth it to the government sinking lots of money probably long term.
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I've had some dealings with them in the past and there's huge scope for development there with biobased chemicals, sustainable aviation fuel etc etc if the will was there. The UK will now also be largely reliant on import for CO2 (and ethanol).
 
I'm sure Starmer can just call Trump and remind him of the 'special relationship' and it will all be sorted.
 
They and Vivergo have been completely sold down the river, ethanol will be a big feedstock in the SAF market too so has massive uses going forwards other than in petrol, never mind the animal feed and CO2 markets.

So shortsighted and a big **** you to Labour’s historic heartlands on Teesside and Humberside!
 
gravy173 said:
They and Vivergo have been completely sold down the river, ethanol will be a big feedstock in the SAF market too so has massive uses going forwards other than in petrol, never mind the animal feed and CO2 markets.

So shortsighted and a big **** you to Labour’s historic heartlands on Teesside and Humberside!
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Teesside and where?
 
Blame the orange pig - he is the narcisstic parasite that raised tariffs so that this plant is no longer viable. If they cannot find sales to compensate for the loss of trade to the US then, unfortunately, this is down to the idiot over there.
I certainly do not think that any UK government, Labour or otherwise, should be subsidising losses companies are suffering to US trade tariffs. I am speaking as the owner of a company that had received a large proportion of it's turnover via US projects, over the years, but now we get zero due to various political changes made by that pig. We had to adapt.
 
MoggasDog said:
I certainly do not think that any UK government, Labour or otherwise, should be subsidising losses companies are suffering to US trade tariffs.
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They are making a loss because US companies are subsidised by their federal government and then pay no import duty or tax on their product as it comes from a “waste stream loophole”, the UK companies have to pay tax on it as it comes from wheat so costs more. The report said itself that the company is profitable without this double whammy. Who knows what will happen in the future with these tariffs, they could all get pulled in 6 months depending on what side of the bed trump wakes up on, shutting two plants down on the whim of a despot is extreme and maybe it would have been prudent to support the plants short term to see what the future brings, yet another set of commodities this country can’t be self sufficient in, ethanol needed for fuel and sustainable jet, co2 for food preservation, if ensus goes what happens to the rest of Wilton given the utilities it uses aren’t going to be needed so could be further knock ons to other users also needing the same steam feeds etc, the same potentially at Saltend.

The vivergo plant also produces more than just ethanol @TheLodger , they both operate the same way, the bbc report also says the funding is cut for the whole industry, neither plant will survive this announcement.
 
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gravy173 said:
They are making a loss because US companies are subsidised by their federal government and then pay no import duty or tax on their product as it comes from a “waste stream loophole”, the UK companies have to pay tax on it as it comes from wheat so costs more. The report said itself that the company is profitable without this double whammy. Who knows what will happen in the future with these tariffs, they could all get pulled in 6 months depending on what side of the bed trump wakes up on, shutting two plants down on the whim of a despot is extreme and maybe it would have been prudent to support the plants short term to see what the future brings, yet another set of commodities this country can’t be self sufficient in, ethanol needed for fuel and sustainable jet, co2 for food preservation, if ensus goes what happens to the rest of Wilton given the utilities it uses aren’t going to be needed so could be further knock ons to other users also needing the same steam feeds etc, the same potentially at Saltend.

The vivergo plant also produces more than just ethanol @TheLodger , they both operate the same way, the bbc report also says the funding is cut for the whole industry, neither plant will survive this announcement.
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The government and Ensus are still talking, and it's hopeful that the Wilton site will continue to operate .
 
Just read a report in Money Week today and its say we have lost 40% of our chemicals industry since 2021. Yes in 4 years i.e worse that the early Thatcher years. The cosy of electricity in the UK is double the cost in France. Never mind protesting about stopping oil, someone somewhere has just stopped a large chunk of our high energy manufacturing in a very short period.

God forbid if we are ever in a war situation. Our army of bedroom social media influencers are not going to stop Russian tanks etc and neither is orange paint.
 
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Ensus was on its **** previously when markets forced the price too low. USA again that time.

Im currently in Aberdeen. I’ve never seen it so quiet. All the decommissioned rigs and lack of new projects have cut the footfall through the city.
 
Jonny_Rondos_Disco_pants said:
Ensus was on its **** previously when markets forced the price too low. USA again that time.

Im currently in Aberdeen. I’ve never seen it so quiet. All the decommissioned rigs and lack of new projects have cut the footfall through the city.
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Ensus was doing well over the last few years and they'd announced some ambitious projects. Hopefully the talks with the government result in something tangible
 
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