Image: Teesside - North Tees Site

BBC:

The Saudi Arabian firm, one of the world's largest petrochemical manufacturers, will shut its Olefins 6 cracker plant in Wilton, Teesside, after 46 years of it operating.

The exact number of job losses is not yet known but the firm currently employs 330 people at the site.

Sabic said its decision was the result of a "thorough analysis aimed at optimising competitiveness", but Unite said the news was a "disgrace" from a profitable company.