Government injects £120m into Ineos’s Grangemouth plant Energy The government has piled over £100m into Britain’s last remaining ethylene plant in Grangemouth, saving hundreds of livelihoods after its owner warned that sky-high energy costs had left it on the brink of closure. Ministers inked a “landmark partnership” with Sir Jim Ratcliffe’s Ineos on Wednesday to secure the future of the Falkirk plant, which [...]
Sir Jim Ratcliffe: Act now or five million jobs will be lost Business Sir Jim Ratcliffe has called on Europe’s leaders to save the continent’s chemicals industry or risk losing millions of jobs. The founder and chairman of Ineos has urged politicians to make an “eleventh-hour intervention” at what he has described as a “moment of reckoning” for the industry. Sir Jim, who is also known as a [...]
Croda: Sales at FTSE 100 chemicals firm boom Business Sales at FTSE 100 chemicals firm Croda International jumped by eight per cent in the first quarter of 2025, thanks to strong performance across all arms of its business. Every arm of the cosmetics, detergents and pesticides chemicals provider recorded positive growth. Life sciences achieved the best performance the company has revealed in a stock exchange [...]