Jim Ratcliffe Halts Hull Chemical Output Over UK Gas Prices

Duchess Magazine

1 day ago

1 min read

Business

Ineos owner Jim Ratcliffe halted production at Hull chemical plants, saying UK gas prices made the sites unable to compete.

He called the energy costs ridiculous even though the Humberside plants are efficient by industry standards.

The stoppage is another warning for British industrial employers ahead of the budget.

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