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Political fallout as BASF closes UK site

BASF has notified Ineos that it intends to close its hexamethylene diamine (HMD) at the Seal Sands site on Teesside, UK. It has also served notice on its contract to supply services and utilities there until 2028. As a result, Ineos has begun consultation on the proposed closure of the services and utilities plant. In all, some 30 jobs could be lost.

Ineos chairman blasts European regulation

Sir Jim Ratcliffe, founder, chairman and 60% owner of Ineos, has written an open letter to European Commission President Jean-Claude Juncker, lambasting European chemical regulation in general and ‘green taxes’ in particular.
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