Chemical companies are putting European assets up for sale as they review their operations in the region to cope with high energy prices and competition from newer plants in Asia and the Middle East.
Sir Jim Ratcliffe, the billionaire owner of petrochemicals group Ineos, has consistently warned that Britain’s chemical industry is heading for extinction because of high energy prices and carbon taxes.
Can’t do much harm? Chemical companies are still dumping forever chemicals (PFAS) in our rivers. With or without a permit to do so. Yes, governments give companies permits to pollute our rivers. Just look at recent examples like 3M polluting the Scheldt:
https://www.reuters.com/business/environment/dutch-government-hold-3m-liable-forever-chemicals-damage-2023-05-23/