MEL 0.00% 0.3¢ metgasco ltd

nsw, don't say you weren't warned, page-18

  1. 976 Posts.
    From the UK Financial Times today:

    An Indian-owned chemicals factory in Cheshire is to close, citing the high cost of gas, with the loss of 220 jobs.

    Tata Chemicals intends to shut the 140-year-old Brunner Mond plant in Northwich - energy prices have more than doubled in the past few years.

    “It is hugely regrettable that we’ve had to announce proposed redundancies today, but it is necessary to secure a sustainable future for our business,” said Martin Ashcroft, managing director.

    “In the face of high and rising gas prices, we have to reconfigure our business ..."

    hs

 
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