Ineos suspends operations at three UK chemicals plants

Summarised from 3 outlets · Updated 22 Sept, 14:52

Ineos has suspended operations at three major UK chemicals plants, putting thousands of jobs at risk.

Ineos owner Jim Ratcliffe blamed the closures on 'ridiculously high' UK energy prices, saying the company cannot compete. The three plants, located in Hull, produce raw materials for pharmaceuticals, clothing, cosmetics, detergents, construction materials and military explosives.

How it is being reported

• Sir Jim Ratcliffe mothballs three UK chemical plants over ‘ridiculously’ high energy pricesThe Independent · 22 Sept, 14:31
• Jim Ratcliffe closes three chemical plants in Britain amid 'ridiculously high energy prices'GB News · 22 Sept, 12:44
• Thousands of jobs at risk as Ineos suspends operations at huge UK chemicals plantsCity AM · 22 Sept, 11:02

In this story: Ineos · Jim Ratcliffe · Hull · Manchester United

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem