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Manufacturing

CF Industries halts operations at 海角视频 plants as natural gas prices soar

The firm, which employs around 600 海角视频 staff, said it does not know when production will resume

The CF Industries site in Billingham, Stockton-on-Tees

A US manufacturer of agricultural fertilisers has announced it has stopped operations at both its 海角视频 sites.

CF Industries Holdings announced in a statement on Thursday the move is due to high natural gas prices, and that work is to halt at its fertiliser sites in Ince, Cheshire, and Billingham, Stockton-on-Tees.

The company added that it did not know when production would resume.

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Headquartered in Illinois, the firm making hydrogen and nitrogen products employs thousands of employees in the US, Canada and the 海角视频.

Around 400 staff are based at the firm's Cheshire site, where 1m tonnes of fertiliser are produced per year, supplying key market sectors for grass and arable farming.

It employs around 200 staff on Teesside, and to the region's economy. Earlier this year, it was revealed the firm was "evaluating its options" in the North East after being .

It comes after natural gas prices soared to record highs because of low supplies ahead of winter, which has raised concerns over a hit to the economy.