Overview
- The reduction removes about 20% of roles at the Ineos Acetyls site in East Yorkshire.
- The company says carbon‑heavy Chinese products are flooding Europe after being blocked by US tariffs, intensifying pressure from UK energy and ETS costs.
- Ineos is pressing the UK government and European Commission for urgent anti‑dumping action, with one statement referencing tariffs on Chinese and US importers.
- The firm highlights a recent £30 million switch to hydrogen at Hull to cut emissions, saying such investments are being undermined by current cost and trade dynamics.
- Executives warn more European sites could close after layoffs in Rheinberg, and they note a UK ETS penalty U‑turn for Hull while stressing unresolved structural problems.