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Ineos to Close Two Rheinberg Plants, 175 Jobs Affected

The company blames soaring energy prices, high carbon charges, and absent tariff protection.

Overview

  • Ineos confirmed the shutdown of two facilities in Rheinberg, North Rhine–Westphalia, with the timetable still unspecified.
  • The company said it will concentrate on preserving the remaining Rheinberg operations and safeguarding about 300 jobs.
  • Ineos Inovyn chief Stephen Dossett argued that European producers are being undercut by cheap, emissions‑intensive imports, including chemicals from China produced with low‑cost Russian energy.
  • One affected site makes allyl chemicals for epoxide resins used in defense, aerospace, automotive and renewables, and the company also produces chlorine in Rheinberg for medicines and wastewater treatment.
  • Germany’s chemical industry association VCI warned of a sector crisis and urged swift relief on power costs and regulation, as Ineos points to earlier closures at Grangemouth and Geel and a planned shutdown in Gladbeck affecting 279 positions.