UK Government Grants Aid to Reopen Teesside CO2 Plant Amid Iran Supply Concerns

The UK government has provided a grant to reopen the CO2 plant on Teesside, which was mothballed last year after a US trade deal cut tariffs on bioethanol. This reopening aims to address fears of CO2 shortages linked to Iran, crucial for local industries relying on steady supplies. Stakeholders will monitor if the plant's revival effectively stabilizes the market and reduces dependency on uncertain foreign supplies.