
Entity Message

Sabic confirms closure of Teeside Olefins cracker
- Entity
- SABIC UK Petrochemicals Ltd.
- Message Category
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News Message
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.