There is very little "why" information available, but the "what" news is that the self-proclaimed "leading producer of bio-diesel in the UK" is out of business. The company,
, is in liquidation, selling off its plant and business sundries. Until the recent announcement, Global Commodities made a branded version of B100 they called driveECO that was launched in 2002. It's a little depressing now to look back at the company's optimistic press releases about "Powering Ahead On Green Vision" and "Green Scheme 'Will Help Fuel A Better World'", mostly because there are so many other companies that are putting out similarly-worded releases today.
, when Global Commodities announced a new
facility in Hulll (in Northeast England), a spokesman for one of Global Commodities' partners, Rix Biodiesel, said, "Demand is far outstripping supply and we desperately need this additional amount [of biodiesel]."
Thanks to reader Sarah Turner for this tip, and I think it's worth passing on her suspicion that it's the high cost of production of biodiesel, coupled with the same taxes the UK government levies on biodiesel and regular
, that may have caused the belly up.
[Source: Global Commodities, Thanks to Sarah Turner for the tip]