Ineos to cut a fifth of Hull jobs, blaming ‘dirt-cheap’ imports from China

Company says more roles will be at risk unless UK government supports tariffs to protect industryBusiness live – latest updatesIneos, the chemicals company owned by the billionaire Sir Jim Ratcliffe, is to cut a fifth of jobs at its East Yorkshire plant, blaming “sky high” energy costs and “dirt-cheap” imports from China.The company said it would cut 60 jobs at the Ineos Acetyls site in Hull, which makes petrochemical products such as acetic acid, and said more roles would be at risk across the industry unless the government stepped in. Continue reading...

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