ICIS Europe reports on critical industry shifts, including potential US diesel export bans, rising distributor margins amid geopolitical tension, and INEOS mothballing UK acetyls units due to soaring
Ineos CEO Jim Ratcliffe halted production at three UK chemical plants citing prohibitive gas prices compared to US and China rivals. The decision impacts 240 direct employees and threatens 4,000 suppl
Ineos founder Sir Jim Ratcliffe criticized the UK's economic decline and tax regime, warning that failing to license new North Sea oil and gas fields could lead to winter gas shortages. He described t
Ineos Chairman Jim Ratcliffe urged the EU to implement safeguards against Chinese petrochemical dumping, citing overcapacity and unsustainable prices driving European plant closures. He called for imm
Ineos Chairman Jim Ratcliffe supports abolishing UK carbon taxes to restore industrial competitiveness and ensure energy security. He argues energy independence and affordability must precede green tr
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