Ineos mothballs three UK chemical plants over gas prices
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Neutral summary
Ineos, the chemicals conglomerate owned by billionaire Sir Jim Ratcliffe, has announced the suspension of operations at three plants in Hull, UK, citing high gas prices. Ratcliffe described the energy costs as “ridiculously high” and accused UK energy policy of “economic vandalism on an industrial scale”. He said European gas prices are 12 times higher than in the US, while production in China costs eight times less. The plants directly employ between 245 and 300 people and support around 4,000 jobs in the local economy. They produce raw materials for pharmaceuticals, clothing, cosmetics, detergents, construction materials and military explosives. Several outlets, including City AM and Daily Express, report thousands of jobs at risk, while TASS estimates about 1,000 workers affected. Some sources, notably Guido Fawkes, note the shutdown came two days after government criticism of Ratcliffe.
How it was framed
Outlets: 15. Countries: 3. Facts in the shared core: 5.
Publication timeline
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City AM (outlet profile)
Thousands of jobs at risk as Ineos suspends operations at huge UK chemicals plants. Thousands of jobs have been put at risk after Ineos suspended operations at three of the UK’s biggest chemicals plants, as owner…
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Handelsblatt (outlet profile)
Chemie: Ineos legt drei Chemiewerke in Großbritannien vorerst still. Der Industriekonzern von Milliardär Jim Ratcliffe reagiert auf die stark gestiegenen Energiekosten. Die Anlagen in Hull sollen bis auf Weiteres ruhen.
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GB News (outlet profile)
Jim Ratcliffe closes three chemical plants in Britain amid 'ridiculously high energy prices'. Sir Jim Ratcliffe has blamed “ridiculously high energy prices” after his Ineos firm announced three UK chemical plants would…
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Evening Standard (outlet profile)
Ineos pauses production at its three Hull plants, blaming UK gas prices. Billionaire owner Sir Jim Ratcliffe blamed higher UK gas prices for ‘destroying’ its manufacturing base.
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Belfast Telegraph (outlet profile)
Ineos pauses production at its three Hull plants, blaming UK gas prices
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The Independent (outlet profile)
Ineos pauses production at its three Hull plants, blaming UK gas prices. Billionaire owner Sir Jim Ratcliffe blamed higher UK gas prices for ‘destroying’ its manufacturing base.
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The Independent (outlet profile)
Sir Jim Ratcliffe mothballs three UK chemical plants over ‘ridiculously’ high energy prices. Ineos said European gas prices were now 12 times higher than in the US
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Handelsblatt (outlet profile)
Erdgas: Produktion ausgesetzt – Chemiekonzern Ineos kämpft mit hohen Gaspreisen. Das Vereinigte Königreich kämpft mit immer weiter steigenden Erdgaspreisen. Der Chemiegigant Ineos zieht nun Konsequenzen und stellt seine…
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Guido Fawkes (outlet profile)
Jim Ratcliffe’s Conglomerate Shuts Down British Factories Two Days After Government Attacked Him. Sir Jim Ratcliffe’s chemicals conglomerate Ineos will suspend operations at three plants in Hull which directly emp…
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The Independent (outlet profile)
Ineos: Why Sir Jim Ratcliffe is suspending operations at three chemical plants
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Daily Mail (outlet profile)
Jim Ratcliffe slams Labour's energy policy as Ineos mothballs vital chemicals plants due to 'ridiculously high' UK gas prices. Jim Ratcliffe has accused Labour of 'economic vandalism on an industrial scale' after 'ridic…
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ТАСС (outlet profile)
В Англии три завода группы Ineos останавливают работу из-за цен на газ. Это затронет около 1 тыс. работников
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Известия (outlet profile)
Ineos остановила производство на химзаводах в Британии из-за цен на газ. Промышленная группа Ineos приостанавливает производство на трех заводах в Халле, ссылаясь на высокие цены на газ в Великобритании. Об этом 22 сент…
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Аргументы и факты (outlet profile)
Три химзавода Ineos останавливают работу в Британии из-за цен на газ. Международная химическая группа Ineos останавливает три завода в Англии из-за высоких цен на газ.
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News.ru (outlet profile)
Три завода в Британии остановили работу из-за дорого газа. Международная химическая группа Ineos приостановит работу трех предприятий в Англии, сообщил BBC владелец промышленной группы Джим Рэтклифф. Причиной стали высо…
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Lenta.ru (outlet profile)
Названа причина остановки трех заводов химического гиганта Ineos
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Российская газета (outlet profile)
Химический гигант Ineos остановил три завода в Британии из-за роста цен на газ. Международный химический гигант Ineos заявил об остановке трех своих заводов в Великобритании из-за роста цен на газ. Об этом сообщает РИА…
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Daily Express (outlet profile)
Sir Jim Ratcliffe halts production at 3 UK factories - thousands of jobs at risk. The billionaire owner of Ineos has halted production and blamed sky-high gas prices
Factual core
- Three Ineos plants in England are halting operations due to gas prices.
- Sir Jim Ratcliffe blamed sky-high gas prices for the production halt.
- Jim Ratcliffe, the owner of the industrial group Ineos, announced the suspension of the three plants in England.
- Hundreds of jobs are at risk due to the suspension of operations at the Hull sites.
- The production halt is a consequence of high gas prices.