Ineos Group dropped its sponsorship of New Zealand’s All Blacks rugby team as part of cost-savings measures in face of difficult trading conditions in Europe’s chemicals industry, the company said.

Chemical producer INEOS has said it is in discussions with New Zealand Rugby (NZR) following the sport federation's decision to pursue legal action over a sponsorship dispute. NZR said on Tuesday that INEOS had breached their contract and failed to pay a sponsorship fee,

New Zealand Rugby has launched legal action against the Ineos corporation of British billionaire Jim Ratcliffe after the global chemical giant dropped a sponsorship agreement with three years remaining.

Last week it was revealed that rugby giants New Zealand, including the All Blacks, were suing sponsors and Man United part-owners Ineos.

CEO Mark Robinson has spoken publicly for the first time since it was revealed that NZR is suing Ineos for an alleged breach of contract that will leave the national organisation exposed to potential multimillion-dollar losses.

New Zealand Rugby (NZR) says it has launched legal action against Ineos for alleged breach of contract, saying the British petrochemicals company has walked away three years early from its sponsorship deal.

New Zealand Rugby launches legal action against Manchester United owners INEOS for alleged breach of contract regarding a missed payment from £22m sponsorship deal; INEOS, owned by Sir Jim Ratcliffe,

New Zealand Rugby (NZR) has launched legal action against former sponsor INEOS for alleged breach of contract, saying the global chemicals producer had walked away from a six-year deal three years early.

New Zealand Rugby has taken legal action against Manchester United co-owner Sir Jim Ratcliffe after his Ineos company allegedly backed out of their sponsorship agreement