UK and European chemicals firms suffer over energy costs
21 Jan 2014
From building shale gas import terminals to shutting down production plants, the cost of energy is shaping the future of the UK chemicals industry.
We enter 2014 in the shadow of yet another UK chemical plant closure. On December 9th 2013 Tata Chemicals Europe (TCE) announced that it was closing its Winnington soda ash and calcium chloride plants in Cheshire, costing 220 jobs.
The company blamed the closure on the cost of energy for UK chemical production.
“The energy challenge that TCE has faced is an example of how the state of European energy markets seriously threatens the ability of energy intensive manufacturing companies to compete on the world stage,” said TCE managing director Martin Ashcroft when announcing the closure.
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