Germany: Chevron Renewable to implement short-time work for biodiesel production plant
Chevron Renewable Energy Group is implementing short-time work at its Oeding, Germany biodiesel facility due to challenging market conditions caused by alleged fraud and Chinese biodiesel dumping. The measure, starting August 1, aims to preserve jobs and provide partial compensation for lost earnings. Despite this, Chevron remains committed to renewable fuels production, supporting customers in hard-to-electrify sectors like trucking, rail, and marine in meeting their climate goals. The move has been approved by the Oeding Works Council and demonstrates Chevron’s dedication to lower-carbon energy solutions.
Chevron Renewable Energy Group has decided to implement short-time work for its workforce at the Oeding, Germany, biodiesel production facility. This decision is a response to a challenging margin environment, primarily caused by alleged fraud and the dumping of Chinese biodiesel flooding the market.
The team plans to start short-time work on August 1, with approval from the Oeding Works Council. Short-time work aims to preserve jobs by providing employees with partial compensation for the loss of earnings due to temporary, unavoidable absences from work.
Chevron remains committed to renewable fuels production, believing that the future of energy is lower carbon. This commitment supports customers in hard-to-electrify sectors, such as long-haul trucking, rail, and marine, in meeting their climate goals.
Source Link : https://bioenergytimes.com/germany-chevron-renewable-to-implement-short-time-work-for-biodiesel-production-plant/