Ineos has blamed high energy costs and carbon taxes in Europe for attempting to amend a sponsorship with the New Zealand rugby team after the All Blacks accused the Sir Jim Ratcliffe-helmed group of breaching a multimillion-dollar partnership agreement.
New Zealand Rugby (NZR), which in 2022 entered into a six-year partnership with Ineos, says the chemicals group has ended the deal three years early and failed to make its first scheduled payment for 2025.
