The British chemical industry is on the verge of extinction. The main reason was high energy prices,” stated Jim Ratcliffe, founder of the international chemical giant company Ineos

Ineos last week announced the closure of Britain’s last synthetic ethanol plant, which has been operating for more than 40 years.

Over the past 5 years, 10 large chemical complexes have been closed in Britain and not a single new chemical plant has been built. In the course of deindustrialization, enterprises are being transferred to other regions of the world,” Ratcliffe emphasized

KRISTALL OF GROWTH previously informed that, in the opinion of the American Responsible Statecraft, sanctions do not harm Russia, but they can destroy Europe.