Ineos Idles Europe's Last World-Scale Acetyls Plant as Energy Prices Hit 12x US Level
Ineos is idling all three of its world-scale chemical plants in Hull after energy prices climbed to 12 times those in the United States, the company announced.
energy costs
Performance Improvement in Pharmaceuticals Operations
The pharmaceutical industry has faced significant margin pressures due to rising energy costs, inflation, and geopolitical disruptions.
German Chemical Industry Mood Brightens
The mood of the German chemical industry brightened at the beginning of 2023 on the back of a sharp downslide in the last quarter of 2022, when production slumped by 14%, producers operated plants at around three-quarters of capacity, demand sank and sales declined both in domestic and foreign markets.
