INEOS is opening a new office in London to house its growing UK businesses.
The offices will provide a home for a number of INEOS UK businesses, including its oil and gas ventures, its shipping business and its trading business.
The building will also be home to the joint venture INOVYN, which controls 14 manufacturing sites across Europe including the massive Runcorn facility in Cheshire.
“It makes perfect sense,” said Jim Ratcliffe, INEOS chairman and founder. “Although INEOS has business interests across the world, the UK oil and gas business is a key focus for us at the moment.”
Rolle in Switzerland will remain the headquarters for INEOS Group and a number of well-established INEOS businesses. INEOS will now formally refer to itself as an Anglo/Swiss company.