Overview
- Ineos confirmed the planned closure of two plants in Rheinberg, with the timeline to be set through consultation with the works council.
- A social plan is being negotiated, and the company aims to proceed once all legal and operational steps are completed.
- Ineos will concentrate remaining Rheinberg operations to protect about 300 jobs, with options such as redeployment under review.
- The closing units include production of allyl chemicals for epoxide resins and chlorine used in pharmaceuticals and wastewater treatment.
- Ineos Inovyn chief Stephen Dossett blamed crushing energy and CO2 costs and a lack of tariff protection, as industry group VCI warned of a broader sector crisis and noted prior Ineos cutbacks in Grangemouth, Geel and an announced closure in Gladbeck.