Chevron Puts Workers on Furlough at Idled German Biofuels Plant
- Chinese biodiesel is flooding the market, Chevron says
- Biodiesel plant has been upgraded to expand feedstocks
Chevron Corp. is putting workers on furlough at a German biodiesel plant that has been out of operation because of oversupply in the market.
The biodiesel plant in Oeding, in northern Germany, has been idled for a few months, a spokesman said by phone.