Ineos Plant Shutdowns Gas Prices
4 outlets
Each outlet's article on this story, most articles first
5 reporters
- Simon JackBBC
- Ben KingBBC
- Anna WiseEvening Standard
- Jillian AmbroseThe Guardian
- John-paul Ford RojasDaily Mail
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Ineos Plant Shutdowns Gas Prices. (2026, October 13). The Aporia. https://the-aporia.com/event/26707
“Ineos Plant Shutdowns Gas Prices.” The Aporia, 13 Oct. 2026, https://the-aporia.com/event/26707.
“Ineos Plant Shutdowns Gas Prices.” The Aporia, October 13, 2026. https://the-aporia.com/event/26707.
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Ratcliffe, the billionaire tycoon behind the Ineos industrial empire, said: ‘I’m sure people will find it hard to believe that we are being forced to mothball some of the most efficient plants in Europe but with gas prices now 12 times the level in the US and 8 times that of China, we just cannot compete.'
What happened
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Two of the plants have already ceased production with the third due to come offline in coming days, Ineos said.
What each outlet says
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Sir Jim Ratcliffe's company Ineos is temporarily halting operations at three chemical plants in Hull due to soaring UK gas prices, which are twelve times higher than in the US and eight times more expensive than those faced by Chinese competitors. This decision affects up to 4,000 jobs directly and through supply chains. Ratcliffe attributes the high costs to what he describes as "economic vandalism on an industrial…
Sir Jim Ratcliffe's Ineos to mothball three major chemical sites in Hull →Ineos has halted production at its three chemical plants in Hull due to soaring UK gas prices, affecting about 1,000 employees based at the Saltend Chemicals Park. The company’s chairman, Sir Jim Ratcliffe, attributed this decision to natural gas costs being significantly higher than those in the US and China, making European manufacturing uncompetitive. Ineos has ceased operations at two plants already, with the…
Ineos pauses production at its three Hull plants, blaming UK gas prices →Sir Jim Ratcliffe has suspended production at three chemical plants owned by his company Ineos in Hull due to high gas prices, which he describes as "ridiculously high" compared to other countries. Approximately 240 employees are directly affected, but if the plants close permanently, around 4,000 jobs could be lost including those in supply chains. Ratcliffe claims UK gas costs are significantly higher than those…
Jim Ratcliffe halts production at Hull chemical plants over ‘ridiculous’ gas prices →Jim Ratcliffe, head of Ineos, criticizes Labour's energy policy for causing "economic vandalism" due to soaring gas prices that are 12 times higher than in the US and eight times higher than in China. This has led Ineos to idle three chemical plants in Hull, potentially affecting up to 4,000 jobs directly and across supply chains. Ratcliffe argues that these high costs force reliance on more carbon-intensive…
Jim Ratcliffe slams Labour's energy policy as Ineos mothballs vital chemicals plants due to 'ridiculously high' UK gas prices →Analysis
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Jim Ratcliffe slams Labour's energy policy as Ineos mothballs vital chemicals plants due to 'ridiculously high' UK gas prices
How it changed
- 22 Sep
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.
- 23 Sep
Two of the plants have already ceased production with the third due to come offline in coming days, Ineos said.
Coverage 4 articles
Suggested from 4 outlets: the fullest account of the event and its publisher is declared as reporting rather than commentary.
23 Sep Jim Ratcliffe slams Labour's energy policy as Ineos mothballs vital chemicals plants due to 'ridiculously high' UK gas pricesJim Ratcliffe, head of Ineos, criticizes Labour's energy policy for causing "economic vandalism" due to soaring gas prices that are 12 times higher than in the US and eight times higher than in China. This has led Ineos to idle three chemical plants in Hull, potentially affecting up to 4,000 jobs directly and across supply chains. Ratcliffe argues that these high costs force reliance on more carbon-intensive…Daily Mail
22 Sep Jim Ratcliffe halts production at Hull chemical plants over ‘ridiculous’ gas pricesSir Jim Ratcliffe has suspended production at three chemical plants owned by his company Ineos in Hull due to high gas prices, which he describes as "ridiculously high" compared to other countries. Approximately 240 employees are directly affected, but if the plants close permanently, around 4,000 jobs could be lost including those in supply chains. Ratcliffe claims UK gas costs are significantly higher than those…The Guardian
22 Sep Ineos pauses production at its three Hull plants, blaming UK gas pricesIneos has halted production at its three chemical plants in Hull due to soaring UK gas prices, affecting about 1,000 employees based at the Saltend Chemicals Park. The company’s chairman, Sir Jim Ratcliffe, attributed this decision to natural gas costs being significantly higher than those in the US and China, making European manufacturing uncompetitive. Ineos has ceased operations at two plants already, with the…Evening Standard
22 Sep Sir Jim Ratcliffe's Ineos to mothball three major chemical sites in HullSir Jim Ratcliffe's company Ineos is temporarily halting operations at three chemical plants in Hull due to soaring UK gas prices, which are twelve times higher than in the US and eight times more expensive than those faced by Chinese competitors. This decision affects up to 4,000 jobs directly and through supply chains. Ratcliffe attributes the high costs to what he describes as "economic vandalism on an industrial…BBC
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Built 2026-10-13 from 4 articles. Every sentence on this page is quoted from the linked article; nothing was written by a model except the Summary and the items marked AI, which cite their sources, and the questions and labels under "Disputed". Photos are from the outlets that covered the story, never from articles our check marks sensitive.