Sir Jim Ratcliffe's Ineos to mothball three major chemical sites in Hull
Sir Jim Ratcliffe's Ineos to mothball three major chemical sites in HullImage source, Chris Brunskill / Getty ImagesImage caption, Sir Jim Ratcliffe said Ineos was being 'forced' to pause production at three sitesByBen King, Business reporter and Simon Jack, Business…
- ▪Sir Jim Ratcliffe's Ineos to mothball three major chemical sites in HullImage source, Chris Brunskill / Getty ImagesImage caption, Sir Jim Ratcliffe said Ineos was being 'forced' to pause production at three sitesByBen King, Business report
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| Original publisher | BBC News — Business |
| Canonical URL | https://www.bbc.co.uk/news/articles/cw305ynd69n6o?at_medium=RSS&at_campaign=rss |
| Publication time | Tue, 22 Sep 2026 10:35:25 GMT |
| Retrieval time | 2026-09-22T10:43:51.921Z |
| Last seen | 2026-09-22T10:43:51.921Z |
| Headline source | Publisher (no WeSearch rewrite) |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
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| Publisher visit | Yes — open original |
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Sir Jim Ratcliffe's Ineos to mothball three major chemical sites in HullImage source, Chris Brunskill / Getty ImagesImage caption, Sir Jim Ratcliffe said Ineos was being 'forced' to pause production at three sitesByBen King, Business reporter and Simon Jack, Business editorPublished8 minutes agoBillionaire Sir Jim Ratcliffe's industrial giant Ineos is pausing production at its three sites in Hull, blaming high UK gas prices.Ineos has confirmed up to 4,000 jobs are affected —1,000 directly and another 3,000 in the supply chain.The firm said gas prices in the UK are twelve times higher than in the US, and eight times more expensive than the coal-based processes used by Chinese competitors.Sir Jim said: "We are being forced to mothball some of the most efficient plants in Europe, but with…
Excerpt limited to ~120 words for fair-use compliance. The full article is at BBC News — Business.
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