Argent Energy proposes to close its biodiesel plant in Scotland

In the UK, BBC reported that biodiesel producer Argent Energy has proposed closing its Scottish plant, placing dozens of jobs at risk.

Argent Energy will open consultation with affected employees at its Newarthill plant imminently, having cited “market pressures” as the reason for the possible closure.

Argent, which uses waste fats and oils to decarbonize transport, said that it had faced “severe economic pressures” since 2022, according to the report

The biofuels producer said the environment for biodiesel production had been weakened by greater competition from imported Chinese biodiesel and post-Brexit difficulties in importing feedstock, the report added.

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