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Evening Standard
Evening Standard
Katrine Bussey

UK chemical manufacturing facing ‘extinction’, says Ineos boss Ratcliffe

Ineos United Kingdom Grangemouth Extinction Ethanol Jim Ratcliffe Scotland Project Willow the Scottish Government United States
Ineos has confirmed the closure of the UK’s only ethanol manufacturing facility at its Grangemouth plant (Andrew Milligan/PA) -

Chemical manufacturing in the UK is facing “extinction”, Ineos boss Sir Jim Ratcliffe has said, with the billionaire businessman warning that the sector is having the “life squeezed out of it”.

He spoke after the company last week closed the last remaining, synthetic ethanol plant in the UK.

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