Company
INEOS AT A GLANCE
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Introduction
INEOS is a young company. It has grown to become a leading chemical company with sales today of around $60 billion.
Most of our employees have spent all their working lives in the chemical or oil industry. They arrived at INEOS from companies such as BASF, Bayer, Borealis, BP, Degussa, Dow, Enichem, Hoechst, ICI, Norsk Hydro and Solvay. We continue unashamedly to extract best practices from this very impressive group of people in all spheres of activity.
We believe INEOS is a refreshing place to work and we are prepared to embrace new approaches to business. Safety is our first priority. We are highly focused on growth and EBITDA, and see the “customer as king”.
We look forward to working with you.
Jim Ratcliffe, Chairman
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INEOS Growth
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INEOS Markets
INEOS has a diversified product portfolio with a wide range of end market applications. Our chemical intermediates businesses, with leading global positions and differing industry cycles provide earnings strength world wide.
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Geographic Spread
INEOS operates 168 manufacturing facilities in 26 countries supplying markets around the world. A broad geographic earnings base provides our business with security and opportunity.
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INEOS Products
INEOS products make a significant contribution to saving life, improving health and enhancing standards of living for people around the world. Our businesses produce the raw materials that are essential in the manufacture of a wide variety of goods: from paints to plastics, textiles to technology, medicines to mobile phones - chemicals manufactured by INEOS enhance almost every aspect of modern life.
- Solvents used in the production of insulin and antibiotics.
- Efficient and effective biofuels to improve the sustainability of modern transport.
- Chlorine to purify drinking water.
- Synthetic oils that help to reduce greenhouse gas emissions from road transportation.
- Modern plastics to package, protect and preserve food & drink.
- Materials to insulate houses, offices, electrical and telecommunications cables.
- Products transformed into automotive parts, used in medical applications, mobile phones, and construction.
A full, searchable list of INEOS products is available through our products finder.
Vision and Values
INEOS is a customer-focused company. Its business mission is to be the supplier of choice to its customers.
OUR KEY VALUES
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Excellence in safety, health and environmental performance
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Focus on customer satisfaction, total quality and reliability
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Continuous improvement to become a cost effective producer of high quality products
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Encouragement of innovation, entrepreneurship and reward for achievement
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Empowerment of employees to create real value for our customers and ourselves
Leadership
Jim Ratcliffe
Jim has been Chairman of INEOS since 1998. He has 38 years experience in the chemicals industry. In 1992 he led the successful buyout of Inspec Group plc, which he left in 1998 to lead the acquisition of INEOS plc (currently INEOS Oxide) from Inspec. Jim began his career with Exxon Chemicals where he completed his MBA at London Business School before moving to Courtaulds. From Courtaulds he joined Advent International and then Inspec.
Andy Currie
Andy has been a Director of INEOS since 1999. He was previously Managing Director at Laporte Performance Chemicals, having served as a director of the Inspec Group from 1994 until the Laporte acquisition of Inspec in 1998. Andy has a degree in natural sciences from Cambridge University and spent the first 15 years of his career with BP Chemicals in various technical and business management functions.
John Reece
John joined INEOS as Finance Director in January 2000. He was previously a partner with PricewaterhouseCoopers where he advised companies in the chemicals industry. John has a degree in economics from Cambridge and is an FCA.
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Overview
INEOS takes its responsibility for Safety, Health & Environmental very seriously and is fully committed to delivering a continually improving performance across all its operations.
We continually strive to meet and where practicable exceed strict safety, health and environmental performance targets and we are committed to continuous improvement in all aspects of our operations. Excellence in safety, health and environmental performance is our top priority and we are open and honest about such performance, which we publish locally and nationally, as required.
INEOS operates to strict regulations that are set by the national environment agencies, of the countries in which we operate. We are committed to ensuring that our facilities have as low an impact as possible on local people and the environment and we continue to work in close partnership with community groups and other stakeholders to ensure that we are a responsible neighbour.
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Performance and Reporting
To achieve our objective of “zero injuries”, INEOS requires all employees and contractors who work under our control to adhere and contribute to the ongoing development of our strict safety, health and environmental standards and procedures.
By making safety, health and the environment an integral part of our business we encourage a culture of continuous improvement across all activities in all locations.
INEOS Group OSHA Recordable Injury Rate (employees and contractors) – see below:
Further Reading
