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.