BP Scales Back Biofuels Investment at Germany, US Sites
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BP Plc has scaled back plans for biofuels production at its Cherry Point refinery in the US and its Lingen plant in Germany. The company won’t proceed with plans for stand-alone biofuels production units at those two facilities, spokesman David Nicholas said by phone. The company will now focus at those sites on what’s known as co-processing, where biofuels feedstocks are used in combination with petroleum.
BP Scales Back Biofuels Investment at Germany, US Sites
BP Scales Back Biofuels Investment at…
BP Scales Back Biofuels Investment at Germany, US Sites
BP Plc has scaled back plans for biofuels production at its Cherry Point refinery in the US and its Lingen plant in Germany. The company won’t proceed with plans for stand-alone biofuels production units at those two facilities, spokesman David Nicholas said by phone. The company will now focus at those sites on what’s known as co-processing, where biofuels feedstocks are used in combination with petroleum.