Sky-high gas prices force two fertilizer factories to close

Sky-high gas prices force two fertilizer factories with about 600 employees to close

Shutdown: Production has been halted at two fertilizer sites in Teesside and Cheshire

Skyrocketing gas prices have resulted in two fertilizer plants in the north of England being closed, affecting around 600 workers.

US group CF Industries Holdings has halted production at its Teesside and Cheshire sites after weeks of soaring prices that have repeatedly hit record highs.

The closures confirm growing fears that heavy industry would have to ration its energy or curtail their work in the fall and winter.

Households can also see the problem being passed on in higher bills.

The crisis became acute earlier this week when a fire damaged a facility connecting the French and British power grids in Kent.

This pushed gas and electricity prices about a fifth higher.