Tue, 07 Oct 2025

Tue, 07 Oct 2025 Ineos cuts 60 jobs at UK plant blaming "dirt-cheap" Chinese imports

Bosses blame high energy costs and cheap imports and have called on the government to intervene.

* Ineos Acetyls, a petrochemical company, plans to cut 60 jobs at its site in East Yorkshire due to high energy costs and "dirt-cheap" imports from China.
* The company claims it has explored all alternatives but was left with no choice due to unsustainable pressure from energy costs and unfair imports.
* UK energy costs are 75% above pre-Ukraine invasion levels, while wholesale gas costs remain elevated.
* A government spokesperson acknowledges the difficulties faced by affected workers and is engaging with Ineos to explore potential solutions for the industry.
* The company's chief executive says further job losses across the sector cannot be ruled out without government intervention.
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