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Jim Ratcliffe halts production at Hull chemical plants over ‘ridiculous’ gas prices
The Guardian UK
September 22, 2026
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<p>Billionaire owner of Ineos says company ‘cannot compete’ with global market despite efficiency of Humberside sites</p><p>Billionaire industrialist Sir Jim Ratcliffe is pausing production at three chemical plants in Hull, blaming the UK’s “ridiculously high” gas prices.</p>
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