Ineos

Type
Closure
Country
Germany
Region
Nordrhein-Westfalen; Düsseldorf; Wesel
Location of affected unit(s)
Rheinberg
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
20.1 - Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms
20.1 - Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms
175 jobs
Number of planned job losses
Job loss
Announcement Date
6 October 2025
Employment effect (start)
6 October 2025
Foreseen end date

Description

INEOS, a multinational chemicals company, announced the shutdown of two production units in Rheinberg, Germany, resulting in 175 job cuts. The closures, prompted by energy and carbon costs and a lack of tariff protection, are set to take effect after the announcement.

The restructuring is driven by crippling energy and carbon costs and the absence of tariff protection, which leaves European producers at a disadvantage compared to competitors in the US and China.

INEOS has previously closed plants in Grangemouth (UK), Geel (Belgium), Gladbeck (Germany), and mothballed assets in Tavaux (France) and Martorell (Spain). The company will focus on preserving its remaining PVC operations in Rheinberg to support roughly 300 skilled jobs.

Sources

Citation

Eurofound (2025), Ineos, Closure in Germany, factsheet number 204020, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204020.