But this is also a standard move from the INEOS playbook. Go in, strip down the asset, and raise profits — it happened at ...
Sir Jim Ratcliffe’s Ineos said it has been forced into cost-cutting by Europe’s “extreme” green carbon taxes after New ...
There is a school of Scottish thought that every piece of bad news must involve a “betrayal”. No industry, it seems, expires from natural ...
Jim Ratcliffe has been promised backing for his project to create a 'Wembley of the North' while making hundreds of workers ...
He also blamed energy prices and carbon taxes last month for forcing the closure of Ineos’s synthetic ethanol plant at Grangemouth in Scotland, resulting in the loss of 80 direct roles and an ...
EXCLUSIVE: The decommissioning process at Grangemouth is expected to be completed within three months in a landmark moment in ...
A Scottish Labour MP has criticised his party for not doing enough to save the Grangemouth oil refinery. Earlier this week, ...
PetroIneos, a joint venture between Ineos and state-owned Chinese firm PetroChina, want to convert Grangemouth into an import terminal with just 65 staff expected to be retained from the 500 ...
Financial experts have predicted the Scottish government will have a tough time finding a buyer for Grangemouth oil refinery because owner Ineos is obscuring its true value. Scottish Finance Secretary ...
Back in October 2013, I wrote a piece with the headline 'Would The Last Person To Leave Grangemouth Please Turn Out The Lights' as a scrap between Ineos and the Unite trades union threatened to ...
At Grangemouth, some of the 400 workers at the country’s only oil refinery were sent redundancy notices by owner Petroineos, jointly owned by businessman Jim Ratcliffe’s Ineos and PetroChina ...