Grace's Guide To British Industrial History

Registered UK Charity (No. 115342)

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 163,165 pages of information and 245,632 images on early companies, their products and the people who designed and built them.

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 147,919 pages of information and 233,587 images on early companies, their products and the people who designed and built them.

Ineos

From Graces Guide

Ineos Group Limited is a British multinational chemicals company headquartered and registered in London.

1998 Company founded by Jim Ratcliffe as an MBO from Inspec with the purchase of the one time BP Antwerp operation that made ethylene oxide and glycol[1]

1999 Ineos acquired its acrylics operations from ICI.[2]

2000 The business was making acrylics and ethylene; it was located in Belgium. Acquired from ICI the Chlor Chemicals operations (maker of chlorine and caustic soda) in Runcorn as well as the Klea, fluorine compound production, and Crosfield, silica makers, businesses. [3]

2001 Ineos Chlor, a company based in Belgium, acquired the chlorine operations of ICI at Northwich, Runcorn and Wilton; later made significant redundancies[4]

Ineos acquired the petrochemicals business of BP located in Antwerp.

2005 Ineos acquired the Innovene petro-chemicals business from BP, including sites at Grangemouth, Lavera and olefins plants elsewhere in the world[5]

2008 Ineos Ltd was incorporated

By the end of 2008 the group had 67 manufacturing sites around the world[6]

As of 2021, it is the fourth largest chemical company in the world

See Also

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Sources of Information

  1. The Times Apr. 15, 1998
  2. The Times Oct. 30, 2000
  3. The Times Dec. 6, 2000
  4. The Times Mar. 1, 2001
  5. The Times Oct. 8, 2005
  6. 2008 Annual report