UK government to invest £100 million to reopen Ensus CO2 plant in Teesside amid supply concerns from Iran conflict
In a significant move, the UK government is set to invest £100 million to reopen a carbon dioxide (CO2) plant in Teesside, operated by Ensus, as part of a contingency plan aimed at addressing potential supply disruptions caused by the ongoing conflict in Iran. The reopening is expected to be announced by the Department for Business, heralding a new phase in the UK’s strategy to secure essential supplies amid geopolitical tensions that are impacting various industries. The Ensus plant, which had previously been mothballed last year, plays a crucial role in the production of CO2, which is vital for the... [Continue Reading]
