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Ineos

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Ineos

Ineos Group Limited is a British multinational conglomerate headquartered and registered in London. As of 2025, it was the ninth largest chemical company in the world, with additional operations in fuel, packaging and food, construction, automotive, pharmaceuticals, textiles, and professional sports. Ineos is organised into about 20 standalone business units, each with its own board and operating almost entirely independently, although founder Jim Ratcliffe, who owns a controlling interest, and his associates, who collectively own a minority share, sit on their boards occasionally.

Infobox

Company type
Private
Industry
Chemicals
Founded
1998
Founder
Jim Ratcliffe
Headquarters
London, England
Key people
mw- Jim Ratcliffe (Chairman)Andy Currie (CEO)John Reece (Finance Director)Jim Dawson (Non-Executive Director)
Revenue
20,927,000,000 euro (2022)
Operating income
2,001,300,000 euro (2022)
Net income
2,000,600,000 euro (2022)
Total assets
17,081,400,000 euro (2021)
Number of employees
26,000 (2021)
Subsidiaries
Ineos Automotive
Website
ineos.com

Tables

· Products
Ammonia/nitric acid *
Ammonia/nitric acid *
Business
Ammonia/nitric acid *
Products
Ammonia and nitric acid
Baleycourt *
Baleycourt *
Business
Baleycourt *
Products
Esters, biodiesel, and chlorinated paraffins
Compounds *
Compounds *
Business
Compounds *
Products
Polyvinyl chloride compounds
Ethanol *
Ethanol *
Business
Ethanol *
Products
Ethanol
Inovyn
Inovyn
Business
Inovyn
Products
Brine, caustic soda, chlorinated solvents, chlorine derivatives, chlorine, ethylene dichloride, ethylene, propylene, polyvinyl chloride, recycled polyvinyl chloride and VCM[clarification needed]
Melamines *
Melamines *
Business
Melamines *
Products
Formaldehyde and melamine formaldehyde resin
Nitriles
Nitriles
Business
Nitriles
Products
Acetonitrile, acrylonitrile, ammonium sulfate, hydrogen cyanide and maleic anhydride catalyst
Olefins and Polymers Europe
Olefins and Polymers Europe
Business
Olefins and Polymers Europe
Products
Benzene, butadiene, ethylene, high-density polyethylene, low-density polyethylene compounds, low-density polyethylene, linear low-density polyethylene, polymerisation Ziegler catalysts, polypropylene, propylene and toluene
Olefins and Polymers USA
Olefins and Polymers USA
Business
Olefins and Polymers USA
Products
Butadiene, butane, crude benzene, ethane/propane mix, ethylene, fuel oil, high-density polyethylene, mixed butenes, other bottoms liquids, polypropylene, propane, and propylene
Oligomers
Oligomers
Business
Oligomers
Products
Diisobutylene, the dimer of isobutylene (isoolefins/isoparafins), IA (isoamylene/TAME), linear alpha olefins, poly alpha olefins, polyisobutene, Technikum (cyclopentane, CP70, methylpropadiene)
Oxide
Oxide
Business
Oxide
Products
Acetate, acetate esters, alkoxilates, alkoxylates, ENB[clarification needed] & glycol ethers, ethanolamines, ethyl acetate, ethylene glycol, ethylene oxide, glycol ethers, oxo alcohols, propylene glycol, and propylene oxide
Paraform *
Paraform *
Business
Paraform *
Products
Cyanates, dimethoxymethane, formaldehyde, hexamethylenetetramine, paraformaldehyde, and triallylcyanurate
Phenol
Phenol
Business
Phenol
Products
Acetone, alpha-methylstyrene, cumene and phenol
Salt *
Salt *
Business
Salt *
Products
Granular salt, pure dried vacuum salt, salt tablets, and undried vacuum salt
Solvents *
Solvents *
Business
Solvents *
Products
Diisopropyl ether, ethanol, isopropyl alcohol, methyl ethyl ketone, and s-butyl alcohol
Styrolution
Styrolution
Business
Styrolution
Products
ABS, AMSAN, ASA Resin, compounded grades, ethylbenzene, general purpose polystyrene, high impact polystyrene, NAS,[clarification needed] polyethylbenzene, polystyrene polymers – HIPS, SAN, SBC (StyroFlex), specialty compounding, styrene, and styrene monomer
Trading and Shipping
Trading and Shipping
Business
Trading and Shipping
Products
Trades and supplies petrochemical feedstocks, hydrocarbons, energy and carbon credits for both internal and external customers
Technologies *
Technologies *
Business
Technologies *
Products
Licenses world class petrochemical technology for: polyethylene, polystyrene, vinyls, polypropylene, acrylonitrile, chlor-alkali
Upstream Shale
Upstream Shale
Business
Upstream Shale
Products
Natural gas, exploration and production of natural gas from on-shore shale deposits. Produces UK gas on the national grid.
Upstream Breagh
Upstream Breagh
Business
Upstream Breagh
Products
Supplies natural gas to one in ten UK households.
Business
Products
Ammonia/nitric acid *
Ammonia and nitric acid
Baleycourt *
Esters, biodiesel, and chlorinated paraffins
Compounds *
Polyvinyl chloride compounds
Ethanol *
Ethanol
Inovyn
Brine, caustic soda, chlorinated solvents, chlorine derivatives, chlorine, ethylene dichloride, ethylene, propylene, polyvinyl chloride, recycled polyvinyl chloride and VCM[clarification needed]
Melamines *
Formaldehyde and melamine formaldehyde resin
Nitriles
Acetonitrile, acrylonitrile, ammonium sulfate, hydrogen cyanide and maleic anhydride catalyst
Olefins and Polymers Europe
Benzene, butadiene, ethylene, high-density polyethylene, low-density polyethylene compounds, low-density polyethylene, linear low-density polyethylene, polymerisation Ziegler catalysts, polypropylene, propylene and toluene
Olefins and Polymers USA
Butadiene, butane, crude benzene, ethane/propane mix, ethylene, fuel oil, high-density polyethylene, mixed butenes, other bottoms liquids, polypropylene, propane, and propylene
Oligomers
Diisobutylene, the dimer of isobutylene (isoolefins/isoparafins), IA (isoamylene/TAME), linear alpha olefins, poly alpha olefins, polyisobutene, Technikum (cyclopentane, CP70, methylpropadiene)
Oxide
Acetate, acetate esters, alkoxilates, alkoxylates, ENB[clarification needed] & glycol ethers, ethanolamines, ethyl acetate, ethylene glycol, ethylene oxide, glycol ethers, oxo alcohols, propylene glycol, and propylene oxide
Paraform *
Cyanates, dimethoxymethane, formaldehyde, hexamethylenetetramine, paraformaldehyde, and triallylcyanurate
Phenol
Acetone, alpha-methylstyrene, cumene and phenol
Salt *
Granular salt, pure dried vacuum salt, salt tablets, and undried vacuum salt
Solvents *
Diisopropyl ether, ethanol, isopropyl alcohol, methyl ethyl ketone, and s-butyl alcohol
Styrolution
ABS, AMSAN, ASA Resin, compounded grades, ethylbenzene, general purpose polystyrene, high impact polystyrene, NAS,[clarification needed] polyethylbenzene, polystyrene polymers – HIPS, SAN, SBC (StyroFlex), specialty compounding, styrene, and styrene monomer
Trading and Shipping
Trades and supplies petrochemical feedstocks, hydrocarbons, energy and carbon credits for both internal and external customers
Technologies *
Licenses world class petrochemical technology for: polyethylene, polystyrene, vinyls, polypropylene, acrylonitrile, chlor-alkali
Upstream Shale
Natural gas, exploration and production of natural gas from on-shore shale deposits. Produces UK gas on the national grid.
Upstream Breagh
Supplies natural gas to one in ten UK households.

References

  1. "Ineos"
    https://www.ineos.com/company/
  2. Chemical & Engineering News
    https://cen.acs.org/business/finance/CENs-Global-Top-50-2025/103/web/2025/07
  3. Ineos
    https://www.ineos.com/our-businesses/
  4. Financial Times
    https://www.ft.com/content/9318986c-8ec2-11e3-b6f1-00144feab7de
  5. EDGAR
    https://www.sec.gov/Archives/edgar/data/1173218/000115697305000581/u48688e20vf.htm
  6. Inch
    https://www.ineos.com/es/inch-magazine/articles/issue-4/jims-a-leader-in-his-field
  7. Financial Times
  8. UK Venture Capital Journal
  9. The Times
  10. Financial Times
  11. ICIS
    https://web.archive.org/web/20131019185919/http://www.icis.com/v2/companies/9145300/ineos/structure.html
  12. The Times
  13. Financial Times
  14. The Sunday Times
    https://web.archive.org/web/20131017023924/http://www.thesundaytimes.co.uk/sto/business/Industry/article1257966.ece
  15. Financial Times
    https://www.ft.com/content/1fb19d20-3740-11da-af40-00000e2511c8
  16. The New York Times
    https://dealbook.nytimes.com/2009/01/06/lyondellbasell-us-unit-files-for-bankruptcy/
  17. INEOS Chlorvinyls
    https://web.archive.org/web/20131017050318/http://www.ineoschlorvinyls.com/en/News/Ineos-Group/PetroChina-and-Ineos-announce-plans-for-new-trading-and-refining-JV-in-Europe/?business=Ineos+Group
  18. BASF
    https://archive.today/20130823113629/http://www.basf.com/group/corporate/en_GB/news-and-media-relations/news-releases/news-releases-usa/P-10-0018
  19. Solvay
    https://www.solvay.com/en/press-release/solvay-and-ineos-join-forces-create-world-class-pvc-producer
  20. Lustran Polymers
    https://web.archive.org/web/20071105003718/http://www.lustran-polymers.com/lup/en/news/content/joint_venture_lustran_polymers_business/
  21. biomassmagazine.com
    https://biomassmagazine.com//articles/former-ineos-bio-site-purchased-for-conversion-into-eco-district-15089
  22. BBC News
    https://www.bbc.co.uk/news/uk-scotland-24631342
  23. BBC News
    https://www.bbc.co.uk/news/uk-scotland-24640274
  24. INEOS
    https://www.ineos.com/sites/grangemouth/news/ineos-completes-construction-of-its-new-grangemouth-headquarters/
  25. BBC News
    https://www.bbc.co.uk/news/uk-scotland-scotland-business-39476674
  26. Financial Times
    https://www.ft.com/content/8df66d84-18d6-11e9-9e64-d150b3105d21
  27. Plastics Today
    https://www.plasticstoday.com/business/dow-and-ineos-make-hand-sanitizer-fight-covid-19/200836127062725
  28. The Engineer
    https://www.theengineer.co.uk/ineos-hand-sanitiser-factory-up-and-running/
  29. BBC News
    https://www.bbc.co.uk/news/stories-52126847
  30. MarketWatch
    https://www.marketwatch.com/story/bp-sells-petrochemicals-unit-to-ineos-for-5b-2020-06-29
  31. Reuters
    https://www.reuters.com/article/us-ineos-engie-windfarm-idUSKCN26D18Y
  32. BBC News
    https://www.bbc.co.uk/news/education-55710528
  33. Financial Times
    https://www.ft.com/content/bb076354-8ff0-44d1-8651-1177f71cd2e9
  34. Oxford Mail
    https://www.oxfordmail.co.uk/news/19021246.ineos-donates-100-million-new-oxford-university-institute/
  35. "Ineos Enterprises acquires Eramet's Norwegian subsidiary for $245m"
    https://www.mining-technology.com/news/ineos-buys-eramets-norwegian/
  36. "Ineos buys Texas chemicals plant in $700m deal"
    https://www.thetimes.com/business-money/article/ineos-buys-texan-chemicals-plant-in-700m-deal-g2h6tkwnv
  37. INEOS
    https://web.archive.org/web/20130803164239/http://www.ineos.com/en/Company/
  38. The Wall Street Journal
    https://www.wsj.com/articles/SB10001424127887323681904578640450212016598
  39. Environment News Service
    http://www.ens-newswire.com/ens/mar2002/2002-03-06-05.asp
  40. BBC News
    https://www.bbc.com/news/business-30125028
  41. BBC News
    https://www.bbc.co.uk/news/business-48125581
  42. The Guardian
    https://www.theguardian.com/environment/2021/jul/05/jim-ratcliffe-ineos-clean-hydrogen-fund-uk-float-hydrogenone-capital-growth
  43. The Daily Telegraph
    https://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/8614799/PetroChina-completes-1bn-Ineos-deal.html
  44. S&P Global Platts
    https://www.spglobal.com/platts/en/market-insights/latest-news/oil/102113-china-abandons-downstream-investments-on-poor-returns
  45. The Insider
    https://www.insider.co.uk/news/sturgeon-urged-block-government-bailout-22100111
  46. Sky News
    https://news.sky.com/story/coronavirus-ineos-tycoons-venture-seeks-government-loan-11987002
  47. BBC News
    https://www.bbc.com/news/uk-scotland-tayside-central-67497023
  48. CCMP Capital
    https://web.archive.org/web/20160806104143/http://www.ccmpcapital.com/news?n=529
  49. Eastman
    https://www.eastman.com/en/media-center/news-stories/2023/eastman-completes-sale-texas-city-operations
  50. "Ineos lands US chemical factory in $490m deal"
    https://www.thetimes.com/article/ineos-lands-us-chemical-factory-in-490m-deal-fhkwl6x8l
  51. Motor Authority
    https://www.motorauthority.com/news/1112769_unofficial-land-rover-defender-successor-gets-a-name-projekt-grenadier
  52. Car Magazine
    https://www.carmagazine.co.uk/car-news/first-official-pictures/ineos-projekt-grenadier-an-old-school-4x4-off-roader-for-2020/
  53. Auto Express
    https://www.autoexpress.co.uk/ineos/grenadier
  54. The Guardian
    https://www.theguardian.com/business/2020/dec/08/ineos-boss-opts-to-build-british-heir-to-land-rover-defender-in-france
  55. BBC News
    https://www.bbc.co.uk/news/business-55236852
  56. The Observer
  57. Sunday Herald
    https://www.heraldscotland.com/politics/political-news/trade-union-threatens-to-shut-scotlands-only-oil-refinery-over-staff-suspension.21710944
  58. U.S. Green Technology
    http://usgreentechnology.com/us-green-stories/ineos-financing-on-bioenergy-plant-will-create-almost-400-jobs/
  59. The Daily Telegraph
    https://www.telegraph.co.uk/finance/newsbysector/industry/10292664/Britain-is-not-an-attractive-place-to-manufacture-says-Ineos-chief-Jim-Ratcliffe.html
  60. BBC News
    https://www.bbc.co.uk/news/uk-politics-24006702
  61. Sky News
    https://news.sky.com/story/labour-falkirk-candidate-karie-murphy-quits-10435146
  62. Financial Times
    https://www.ft.com/content/5406b854-3ca9-11e3-a8c4-00144feab7de
  63. BBC News
    https://www.bbc.co.uk/news/business-24640133
  64. The Scotsman
    http://www.scotsman.com/news/grangemouth-how-downfall-began-with-bar-room-brawl-1-3153945
  65. The Daily Telegraph
    https://www.telegraph.co.uk/finance/newsbysector/industry/10398888/Grangemouth-timeline-of-the-dispute.html
  66. BBC News
    https://www.bbc.co.uk/news/uk-scotland-24647843
  67. The Guardian
    https://www.theguardian.com/politics/2013/oct/28/grangemouth-unite-official-quits
  68. The Courier
    http://www.thecourier.co.uk/news/scotland/unite-official-stevie-deans-resigns-from-grangemouth-role-1.146625
  69. Scottish Television News, 28 October 2013
  70. Liverpool Echo
    https://www.liverpoolecho.co.uk/news/liverpool-news/runcorn-chemical-giant-loses-appeal-10992836
  71. DrillOrDrop.com
    https://drillordrop.com/2019/06/11/live-news-updates-day-1-of-inquiry-into-ineos-shale-gas-plans-at-woodsetts/
  72. INEOS Shale
    https://www.ineos.com/businesses/ineos-shale/news/ineos-shale-disappointed-by-councils-decision-on-woodsetts/
  73. Woodsetts Against Fracking
    https://www.woodsettsagainstfracking.co.uk/single-post/2018/06/07/New-INEOS-plans-for-Woodsetts-and-Harthill-drilling-approved
  74. the Guardian
    https://www.theguardian.com/commentisfree/2021/jan/24/when-will-oxford-university-look-a-little-closer-at-its-cabal-of-philanthropists
  75. BBC News
    https://www.bbc.com/news/uk-england-oxfordshire-56827962
  76. Oxford Mail
    https://www.oxfordmail.co.uk/news/19119243.oxford-universitys-toxic-links-big-oil-groups-criticised/
  77. CBC News
    https://www.cbc.ca/news/canada/windsor/ineos-environmental-compliance-approval-suspension-1.7190052
  78. Toronto Star, Canadian Press
    https://www.thestar.com/news/ontario/ontario-suspends-chemical-plant-approval-over-benzene-emissions/article_b9a8d7ad-b9a0-5348-af87-8bc50888b765.html
  79. The Guardian
    https://www.theguardian.com/football/2024/dec/19/sir-jim-ratcliffe-manchester-united-stake-increase
  80. ESPN
    https://www.espn.com/f1/story/_/id/30542861/ineos-buys-one-third-mercedes-f1-team-toto-wolff-stay-charge
  81. University of Oxford
    https://www.ox.ac.uk/news/2021-01-19-100-million-donation-ineos-create-new-institute-fight-antimicrobial-resistance
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