The decision has been taken in the face of the ongoing UK Government restrictions due to the Coronavirus pandemic and in the interests of providing clarity to its customers and the UK oil and gas industry.

INEOS will continue to work with customers and all relevant parties to prepare for the shutdown in 2021.

INEOS found that there was a desire to delay the shutdown to 2021 by the majority of its customers which it is responding to. In making this announcement it is hoped that customers (and the supply chain) will now be able to plan with greater certainty.

INEOS FPS will communicate the exact start date of the shutdown to its customers as soon as it is able to.