Sir Jim Ratcliffe, chairman of Ineos, warns that the UK chemicals industry faces extinction due to high energy prices and carbon taxes.
This follows the closure of Ineos’s synthetic ethanol plant in Grangemouth, Scotland, after 40+ years, costing 80 jobs.
With Scotland’s last oil refinery also set to close, Britain faces growing reliance on imports and a weakening industrial base.
This follows the closure of Ineos’s synthetic ethanol plant in Grangemouth, Scotland, after 40+ years, costing 80 jobs.
With Scotland’s last oil refinery also set to close, Britain faces growing reliance on imports and a weakening industrial base.
