Ineos shelves plans for £65m biodiesel plant in Grangemouth

[Aurora]

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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[Andy Hunt]

Sounds like bad news, presumably the feedstock is oilseed rape or similar grown in the UK, rather than food crops.

Then again I suppose you could argue the land is needed for food production.