Ineos shelves plans for £65m biodiesel plant in Grangemouth
Posted: 09 Dec 2008, 06:49
New Energy Focus - 08/12/08
Plans for a £65 million biodiesel plant in Grangemouth in Scotland have been shelved by petrochemicals firm Ineos Enterprises as a result of the current economic climate.
But, a giant energy-from-waste plant being developed by sister company Ineos Chlor is still going ahead, the company said today.
Chemicals and biofuels companies across Europe are experiencing a period of "unprecedented volatility and uncertainty" in prices at the moment, the company explained.
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