(IN BRIEF) INEOS Acetyls will cut 60 skilled jobs at its Hull Acetyls plant following mounting challenges from high energy costs and a surge in cheap, high-emission imports from China. The company warned that these carbon-intensive imports, which emit up … Read the full press release →
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Management, News, United Kingdom
Tagged acetic acid, acetic anhydride, anti-dumping tariffs, carbon emissions, chemicals industry, China imports, David Brooks, decarbonisation, deindustrialisation, energy costs, ethyl acetate, ETS, European Commission, Hull, hydrogen investment, INEOS, INEOS Acetyls, INEOS Calls for Urgent Trade Tariffs After Cutting Jobs at Hull Site Due to Unfair Market Pressures, INEOS Warns of Deindustrialisation as Carbon-Heavy Imports Undermine UK Chemical Sector, job cuts, sustainable production, trade policy, UK Emissions Trading Scheme, UK manufacturing
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