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business · New Dispatch
“Five refineries have shut since 2005”
5
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business · New Dispatch
“two – Grangemouth and Lindsey – shutting their doors in 2025 alone”
2
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business · New Dispatch
“The UK imports 55 per cent, and that was in 2024”
55
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business · New Dispatch
“In 2000, it was 20 per cent”
20
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business · New Dispatch
“When ETS came in, there were nine refineries. That went down to six, and now we're down to four”
9
6
4
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business · New Dispatch
“by our projection, carbon costs will be doubling in January 2028, then tripling by January 2030”
2
3
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business · New Dispatch
“The Valero refinery alone accounts for 15 per cent of Welsh exports”
15
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business · New Dispatch
“The refinery sector supports about 100,000 jobs, so for every one job in a refinery, there are five in the supply chain”
100000
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business · New Dispatch
“There are £11 billion in exports”
11 billion