Future of AB Foods' bioethanol plant imperilled by US-UK trade deal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 09 2025
0mins
Source: Reuters
Impact of U.S.-UK Trade Deal on Bioethanol Industry: The recent trade deal between the UK and U.S. eliminates tariffs on U.S. ethanol, threatening the viability of Associated British Foods' bioethanol plant in Hull and potentially risking 150 jobs due to increased competition from subsidized U.S. imports.
Concerns from Agricultural and Renewable Energy Sectors: The National Farmers' Union and the Renewable Energy Association have expressed concerns that tariff-free imports could undermine domestic producers and lead to a loss of market opportunities for UK farmers supplying the bioethanol industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
