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Ineos Idles Three Humberside Plants, Threatening 1,000 Jobs

By Drooid · Sep 22, 2026, 3:21 PM UTC · How we work

Summary

Story summary

Ineos is idling three chemicals plants in Humberside, threatening up to 1,000 jobs, including 245 onsite.
Sir Jim Ratcliffe says UK gas prices are twelve times U.S. levels and eight times Chinese levels.
Ineos will seek lower-cost U.S. LNG to power the plants, a process that could take up to a year.
Ineos is asking UK and EU governments for tariff protections against Chinese chemical imports.

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Story summary

Ineos is idling three chemicals plants in Humberside, threatening up to 1,000 jobs, including 245 onsite.
Sir Jim Ratcliffe says UK gas prices are twelve times U.S. levels and eight times Chinese levels.
Ineos will seek lower-cost U.S. LNG to power the plants, a process that could take up to a year.
Ineos is asking UK and EU governments for tariff protections against Chinese chemical imports.