Being a great admirer of the Landrover Defender series, Jim Ratcliffe, CEO of INOES group, founded the new business branch INEOS Automotive. This, for a chemical company, unusual project is based on Ratcliffe’s personal attachment to this offroad car.
Ratclife saw a market he thought to be covered. This explains the investment exceeding hundreds of millions pound. Currently there is a survey for a suitable manufacturing place around UK and Europe.
The aim of the project is not to construct a copy of the off-road car but taking the spirit of the invention and interpret it in a modern way. The new branch is led by Dirk Heilmann, an experienced engineer of the INEOS group.
INEOS Enterprises to acquire ASHTA Chemicals Inc. from Bigshire Mexico
INEOS Enterprises has announced an agreement to acquire ASHTA Chemicals Inc, from Bigshire Mexico S. de R.L. de C.V. The deal, which consists of a 100ktpa Potassium Hydroxide (KOH)/65 ktpa Chlorine plant, is targeted to close before the end of 2022, subject to regulatory approvals. ASHTA Ch ... more
bp agrees to sell its petrochemicals business to INEOS
bp announced that it has agreed to sell its global petrochemicals business to INEOS for a total consideration of $5 billion, subject to customary adjustments. The agreed sale, the next strategic step in reinventing bp, will further strengthen bp’s balance sheet and delivers its target for a ... more
INEOS set to acquire Cristals North American Titanium Dioxide Business from Tronox for $700 million
INEOS Enterprises has announced that it has signed an agreement to acquire The North American business of National Titanium Dioxide Company Limited (Cristal) from Tronox Limited for $700 million. Cristal’s North American business includes two-plants located at the Ashtabula Ohio (US) comple ... more
INEOS is a global manufacturer of petrochemicals, specialty chemicals and oil products. It comprises 19 businesses each with a major chemical company heritage. Our production network spans 73 manufacturing facilities in 19 countries throughout the world. We believe INEOS is characterized b ... more
INEOS Phenol GmbH was originally founded in Gladbeck, a town located in the western part of Germany, by Phenolchemie in 1952. The company started Phenol production in 1954 and at that time had a total capacity of 8,000 te/a (metric tonnes per annum) of Phenol and 5,000 te/a of Acetone. Con ... more
INEOS is a global manufacturer of petrochemicals, specialty chemicals and oil products. It comprises 19 businesses each with a major chemical company heritage. Our production network spans 73 manufacturing facilities in 19 countries throughout the world. We believe INEOS is characterized b ... more
