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Sir Jim Ratcliffe suspends production at key UK plants blaming high gas prices
Ineos said natural gas in the UK is twelve times more expensive than in the US.
Brief by WorldPing · Original reporting by BBC Business
Jim Ratcliffe halts production at Hull chemical plants over ‘ridiculous’ gas prices
WorldPingWhat happened
Billionaire owner of Ineos says company ‘cannot compete’ with global market despite efficiency of Humberside sites Billionaire industrialist Sir Jim Ratcliffe is pausing production at three chemical plants in Hull, blaming the UK’s “ridiculously high…
Key facts
- Billionaire owner of Ineos says company ‘cannot compete’ with global market despite efficiency of Humberside sites Billionaire industrialist Sir Jim Ratcliffe is pausing production at three chemical plants in Hull, blaming the UK’s “ridiculously high…
- Reported by The Guardian and published Tue, 22 Sep 2026 16:18:13 UTC.
Why it matters
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Sir Jim Ratcliffe suspends production at key UK plants blaming high gas prices
Jim Ratcliffe halts production at Hull chemical plants over ‘ridiculous’ gas prices
Sources
The original report was published by The Guardian. WorldPing does not claim that reporting — this page summarises and contextualises it.
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