Member

Only recently, Ineos closed its ethanol refinery plant in Grangemouth, losing 80 jobs directly and a further 500 indirectly. Sir Jim Ratcliffe argued that high energy costs and carbon taxes are destroying the chemical industry in this country. Ineos commented that energy costs are five times higher in Britain than in the USA. How can British industry survive in the face of this and other government-inspired difficulties? It cannot. I just hope that the Government will wake up to this while there is still something left.