INEOS Group About Our History OUR HISTORY From a single site in Antwerp bought for £84 million and employing just 400 people, INEOS has grown exponentially since it was formed in May 1998. Here is an overview of the key milestones in our short history. INEOS DONATES £100 MILLION TO CREATE NEW OXFORD UNIVERSITY INSTITUTE TO FIGHT ANTIMICROBIAL RESISTANCE FIND OUT MORE 2021 INEOS AND PLASTIC ENERGY TO COLLABORATE ON ADVANCED PLASTIC RECYCLING FACILITY. TWO FURTHER HAND SANITISER PLANTS OPENED IN US TO SUPPORT HOSPITALS. FIND OUT MORE THIRD PLANT IN FRANCE SETUP FOR HAND SANITISER PRODUCTION, MANUFACTURING 1 MILLIONS BOTTLES PER MONTH. FIND OUT MORE FIRST AND SECOND HAND SANITISER PLANT OPENED AFTER JUST 10 DAYS. FIND OUT MORE INEOS BECOMES PRINCIPLE PARTNER TO MERCEDES-AMG PETRONAS F1 TEAM. FIND OUT MORE COMPLETES THE ACQUISITION OF BP’S GLOBAL AROMATICS & ACETYLS BUSINESS FIND OUT MORE INEOS TO BECOME A ONE-THIRD SHAREHOLDER IN MERCEDES AMG PETRONAS FORMULA ONE TEAM FIND OUT MORE INEOS ANNOUNCES ITS NEW INEOS ENERGY VENTURE FIND OUT MORE INEOS AUTOMOTIVE CONFIRMS ACQUISITION OF HAMBACH PRODUCTION SITE FROM MERCEDES-BENZ FIND OUT MORE INEOS O&P USA ANNOUNCE THE ACQUISITION OF SASOL’S OWNERSHIP OF GEMINI HDPE LLC FIND OUT MORE LAUNCH OF A NEW CLEAN HYDROGEN BUSINESS TO ACCELERATE THE DRIVE TO NET ZERO CARBON EMISSIONS FIND OUT MORE INEOS AGREES TO THE LARGEST EVER INDUSTRIAL WIND POWER PURCHASE CONTRACT IN BELGIUM WITH ENGIE FIND OUT MORE LAUNCHES INEOS HYGIENICS, A NEW GLOBAL HEALTHCARE BUSINESS FIND OUT MORE WE REVEALED THE DESIGN OF THE NEW GRENADIER 4X4 TO THE WORLD FIND OUT MORE ANNOUNCED THE ACQUISITION OF BPS PETCHEM BUSINESS. THE "LOCK DOWN DEAL" WAS ALL DONE VIRTUALLY BY SKYPE DURING COVID 19 RESTRICTIONS FIND OUT MORE ANNOUNCED OUR INVOLVEMENT VIA INOVYN IN THE POWER TO METHANOL PROJECT IN ANTWERP FIND OUT MORE 2020 MERCEDES-AMG PETRONAS COMES ON BOARD WITH INEOS TEAM UK AND TEAM INEOS IN NEW PERFORMANCE PARTNERSHIP ADVANCED POLYMER PILOT PLANT OPENS IN ROSIGNANO, ITALY HISTORY IS MADE: ELIUD KIPCHOGE BECOMES FIRST HUMAN TO BREAK THE TWO-HOUR MARATHON IN THE INEOS’ 1:59 CHALLENGE INEOS TEAM UK LAUNCH AMERICAS CUP RACE BOAT 1 – “BRITANNIA” ACQUIRES ASHLAND COMPOSITES BUSINESS BECOMING INEOS COMPOSITES ACQUIRES FRENCH LIGUE 1 FOOTBALL CLUB OGC NICE $2 BILLION INVESTMENT IN SAUDI ARABIA WITH THREE WORLD-SCALE PLANTS ANNOUNCED INEOS 1:59, THE SUB TWO-HOUR MARATHON CHALLENGE IS ANNOUNCED INEOS ACQUIRES CRISTAL’S NORTH AMERICAN TITANIUM DIOXIDE BUSINESS FROM TRONOX FOR $700 MILLION. CREATES INEOS PIGMENTS TEAM SKY BECOMES TEAM INEOS. INEOS ACQUIRES TOUR RACING LTD FROM SKY AND 21ST CENTURY FOX INEOS ENTERPRISES SELLS INEOS MELAMINES AND INEOS PARAFORMS TO PREFERE RESINS HOLDING GMBH £1 BILLION INVESTMENT IN INEOS UK BASED BUSINESSES ANNOUNCED €3 BILLION PETROCHEMICAL INVESTMENT IN ANTWERP ANNOUNCED INEOS OXIDE ACQUIRES LAVÉRA ETHOXYLATION PLANT ANNOUNCEMENT OF DEVELOPMENT OF INFINIA RECYCLING TECHNOLOGY, WHICH COULD MAKE PET PLASTIC INFINITELY RECYCLABLE 2019 ACQUIRES THE FLINT HILLS INTERMEDIATES BUSINESS TO BE TRADE AS INEOS JOLIET ACQUIRES ASHLAND COMPOSITES BUSINESS FOR $1.1 BILLION CELEBRATES ITS 20TH ANNIVERSARY WITH €200 MILLION EUROPEAN INVESTMENT IN ITS OXIDE BUSINESS ANNOUNCES €2.7BN INVESTMENT A NEW EUROPEAN CRACKER, THE FIRST IN 20 YEARS FORMS INEOS TEAM UK AND INVESTS £110M TO CHALLENGE FOR THE AMERICA’S CUP 2018 ACQUIRES CLOTHING BRAND BELSTAFF ACQUIRES SWISS FOOTBALL CLUB LAUSANNE SPORT FORMS INEOS AUTOMOTIVE TO DEVELOP 4X4 OFF-ROAD VEHICLE BUYS FORTIES PIPELINE SYSTEM AND KINNEIL TERMINAL FROM BP ACQUIRES THE ENTIRE OIL AND GAS BUSINESS FROM DONG ENERGY TO BECOME TOP 10 OIL AND GAS COMPANY IN THE NORTH SEA UPGRADE OF AROMATICS PTA PLANT IN COOPER RIVER, SOUTH CAROLINA, INCREASING CAPACITY AND REDUCING EMISSIONS AND ENERGY USE ACETYLS ANNOUNCES INVESTMENT IN TRICOYA® WOOD ACETYLATION, WHICH PROTECTS WOOD FROM ROT AND REDUCES ITS TENDENCY TO SWELL AND SHRINK 2017 BUYS SOLVAY’S STAKE IN INOVYN MOVES HEADQUARTERS BACK TO THE UK FIRST SHIPMENT OF ETHANE FROM US TO EUROPE USING PURPOSE-BUILT VESSELS – PART OF A 1$BN PROJECT PTAIR LAUNCHES, OFFERING CUSTOMERS IN THE POLYESTER VALUE CHAIN THE OPPORTUNITY TO PURCHASE A LOWER CARBON FEEDSTOCK 2016 BUYS NORTH SEA GAS FIELDS FROM DEA FIRST TWO DRAGON SHIPS NAMED FORMS THE INOVYN 50/50 JV WITH SOLVAY ACQUIRES FURTHER SHALE GAS LICENSES UPGRADE OF AROMATICS PTA PLANT IN GEEL, BELGIUM, INCREASING CAPACITY AND REDUCING EMISSIONS AND ENERGY USE INTRODUCED LATEST GENERATION PTA TECHNOLOGY IN AROMATICS FACILITY IN ZHUHAI, CHINA, WHICH REDUCES EMISSIONS AND BOTH LIQUID AND SOLID WASTE 2015 GROUND BREAKING HDPE JV PLANT WITH SASOL ACQUIRES GRANGEMOUTH POWER PLANT FROM FORTUM COMPLETES PURCHASE OF BASF SHARE OF STYROLUTION ACQUIRES FIRST UK SHALE GAS LICENSES ACQUIRES SASOL SOLVENTS GERMANY GMBH 2014 AGREES TO CREATE A WORLD-CLASS PVC PRODUCER WITH SOLVAY FIRST ETHANE DRAGON SHIPS ORDERED RAFNES TANK APPROVED U.S. ETHANE CONTRACTS SIGNED PROJECT MARINER 2013 INEOS TECHNOLOGIES AND ACCSYS TECHNOLOGIES FORM A 50/50 JOINT VENTURE TO DEVELOP AND COMMERCIALISE TRICOYA® TECHNOLOGY AND MATERIALS 2012 KERLING ACQUIRE TESSENDERLO'S EUROPEAN CHLOR-VINYLS BUSINESS INEOS AND BASF FORM STYROLUTION, A NEW GLOBAL STYRENICS JOINT VENTURE INEOS BIO JOINT VENTURE BREAKS GROUND ON THE FIRST ADVANCED WASTE-TO-FUEL COMMERCIAL REFINERY IN THE USA INEOS AND PETROCHINA FORM TRADING AND REFINING JOINT VENTURE IN EUROPE 2011 INEOS DIVESTS ITS GLOBAL FILMS BUSINESS TO BILCARE INEOS OXIDE BUILDS A ONE MILLION TONNE ETHYLENE TERMINAL AT ITS ZWIJNDRECHT FACILITY INEOS MOVES ITS HEADQUARTERS FROM THE UNITED KINGDOM TO SWITZERLAND INEOS GROUP DIVESTS INEOS FLUOR TO MEXICHEM FLUOR S.A INEOS BRINGS TOGETHER INEOS NORWAY AND INEOS CHLORVINYLS TO CREATE THE KERLING GROUP AS A EUROPEAN MARKET LEADER IN PVC AND CHLOR-ALKALI 2010 INEOS NITRILES MAKE TECHNOLOGICAL BREAKTHROUGH TO IMPROVE THE GLOBAL SECURITY OF SUPPLY FOR ACETONITRILE INEOS OLIGOMERS START UP A NEW 'SUPER FLEXIBLE' TECHNOLOGY INNOVATION FOR ITS LINEAR ALPHA OLEFIN (LAO) UNIT IN FELUY, BELGIUM 2009 INEOS NITRILES ACQUIRES SEAL SANDS ACRYLONITRILE SITE FROM BASF THE EUROPEAN OLEFINS AND POLYOLEFINS BUSINESS ARE COMBINED TO FORM INEOS OLEFINS & POLYMERS, EUROPE INEOS SILICAS IS SOLD TO PQ INEOS ENTERPRISES ACQUIRES THE VAM AND ETHYL ACETATE BUSINESS FROM BP INEOS BIO FORMED INEOS ACQUIRES HYDRO POLYMER AND THE REMAINING 50% SHARE OF THE NORETYL CRACKER FROM NORSK HYDRO 2008 AN EXPANDED INEOS NOVA STYRENICS JOINT VENTURE LAUNCHED INEOS ACQUIRES 51% OF ABS BUSINESS FROM LANXESS AND FORMS INEOS ABS INEOS ACQUIRES BOREALIS AS AND 50% OF NORETYL CRACKER INEOS CHLORVINYLS COMPLETES SALE OF E-PVC BUSINESS TO VINNOLIT INEOS FLUOR AGREES JOINT VENTURE WITH ZHEJIANG XING TENG CHEMICAL COMPANY LIMITED TO PRODUCE HF 2007 INEOS ENTERPRISES ACQUIRES WHITE SALT BUSINESS FROM SALT UNION INEOS OXIDE ACQUIRES THE EO/EG BUSINESS FROM BP IN KÖLN CREATION OF INEOS CHLORVINYLS JOINT MANAGEMENT BOARD INEOS RESTRUCTURES INNOVENE AND FORMS INEOS NITRILES, INEOS OLEFINS, INEOS OLEFINS & POLYMERS USA, INEOS OLIGOMERS, INEOS POLYOLEFINS, INEOS REFINING AND INEOS TECHNOLOGIES 2006 INEOS ACQUIRES INNOVENE FROM BP, A 'TRANSFORMATIONAL ACQUISITION' INEOS PHENOL ACQUIRES THE CHEVRON PHILLIPS CUMENE PLANT IN PORT ARTHUR INEOS ACQUIRES BASF'S US AND CANADIAN POLYSTYRENE BUSINESS AND FORMS INEOS STYRENICS NOVA INNOVENE STYRENICS JOINT VENTURE ESTABLISHED INNOVENE ESTABLISHED AS A BP SUBSIDIARY INEOS ACQUIRES THE FORMER AMINO RESINS BUSINESS OF UCB FROM CYTEC AND FORMS INEOS MELAMINES EVC BECOMES FULLY OWNED BY INEOS AND IS RENAMED INEOS VINYLS 2005 INEOS ENTERPRISES ACQUIRES SULPHUR CHEMICALS BUSINESS FROM RHODIA FORMATION OF INEOS ENTERPRISES 2004 INEOS ACQUIRES METHANOVA GMBH AND FORMS INEOS PARAFORM 2003 INEOS ACQUIRES PHENOLCHEMIE AND FORMS INEOS PHENOL INEOS ACQUIRES A MAJORITY SHAREHOLDING IN EVC INEOS ACQUIRES DOW CHEMICALS' GLOBAL ETHANOLAMINE AND USA/CANADIAN GAS/SPEC™ GAS TREATING AMINES BUSINESSES INEOS ACQUIRES ICI KLEA AND FORMS INEOS FLUOR INEOS ACQUIRES ICI CHLOR-CHEMICALS AND FORMS INEOS CHLOR INEOS ACQUIRES CROSFIELD AND FORMS INEOS SILICAS 2001 START UP OF MOBILE PHENOL PLANT IN ALABAMA, USA 2000 INEOS FORMED TO ACQUIRE THE FORMER BP SITE AT ANTWERP FROM INSPEC 1998 ACETYLS CREATES THE CATIVA PROCESS FOR MANUFACTURING ACETIC ACID, INCREASING ENERGY EFFICIENCY AND PRODUCTION 1995 EVC FLOATED ON THE AMSTERDAM STOCK EXCHANGE 1994 KG CRACKER COMMISSIONED AT GRANGEMOUTH START UP OF ANTWERP PHENOL/ACETONE PLANT ICI AND TEIJIN LIMITED JOINT VENTURE TO MAKE KLEA™134A AT MIHARA, JAPAN 1993 ICI OPEN THE WORLD’S LARGEST HFC 134A PLANT AT ST GABRIEL, LOUISIANA AND THE WORLD’S FIRST HFC 32 PLANT IN THE UK 1992 ICI COMMISSION THE WORLD'S FIRST HFC 134A PLANT 1990 EVC FORMED THROUGH A 50/50 JOINT VENTURE BETWEEN ICI AND ENICHEM 1986 ANTWERP SITE SOLD TO BP CHEMICALS 1978 FIRST GAS PHASE POLYETHYLENE PLANT COMMISSIONED AT LAVÉRA 1975 FIRST PTA PLANT IN GEEL, BELGIUM 1969 CHOCOLATE BAYOU SITE ACQUIRED BY AMOCO FOR PETROCHEMICAL MANUFACTURE OUR FIRST PTA PLANT BUILT IN DECATUR, USA 1967 UNION CARBIDE CONSTRUCT ETHYLENE DERIVATIVES SITE AT ANTWERP 1966 FIRST COMMERCIALISATION OF AMMOXIDATION PROCESS FOR ACRYLONITRILE AT LIMA INSTALLATION OF TWO STATE-OF-THE-ART CELL ROOMS AT ICI RUNCORN SITE FOR CHLORINE AND CAUSTIC SODA PRODUCTION LEADERSHIP IN PTA TECHNOLOGY STARTS WHEN PURIFICATION PROCESS INVENTED AND KEY PATENTS FILED BY AMOCO[1] 1960 START UP OF THE ERDÖLCHEMIE GMBH PETROCHEMICAL SITE AT KÖLN, A 50/50 JOINT VENTURE BETWEEN BP AND BAYER 1957 HDPE PRODUCTION STARTED AT ROSIGNANO START UP OF BAYER ABS BUSINESS AMOCO ACQUIRES THE MID-CENTURY TECHNOLOGY FOR PURIFIED TEREPHTHALIC ACID (PTA) 1956 START UP OF GLADBECK PHENOL/ACETONE PLANT IN GERMANY 1954 FIRST NAPHTHA CRACKER STARTED IN LAVÉRA 1953 START UP OF THE LAVÉRA, FRANCE PETROCHEMICALS FACILITY 1949 1933 - LAVÉRA, FRANCE OIL REFINERY STARTS PRODUCTION 1933 GRANGEMOUTH, UK OIL REFINERY STARTS PRODUCTION 1924 FIRST PRODUCTION OF FORMALDEHYDE IN MAINZ, GERMANY 1895 CASTNER KELLNER ALKALI CO. LTS STARTED PRODUCTION OF CAUSTIC SODA AT RUNCORN, UK 1890 ABOUT ABOUT Our Leadership INEOS is led by its founder and Chairman Sir Jim Ratcliffe and co-owners Andy Currie and John Reece. READ MORE INEOS GROUP Locations INEOS has sites around the world, catering to different businesses and requirements. View the interactive map here. READ MORE ABOUT Consumer Brands Why would, and how did, a successful global manufacturer of chemicals venture into consumer operations? READ MORE FOLLOW US INEOS footer navigation Site sections HOME ABOUT US LEADERSHIP LOCATIONS CONTACTS SUSTAINABILITY NEWS PRESS RELEASES IN.TV VIDEO PRESS CONTACTS CAREERS INVESTORS Industry BUSINESSES CHEMICALS POLYMERS OIL AND GAS MARKETS PRODUCT FINDER Sport SAILING CYCLING FOOTBALL F1 CHALLENGES FOUNDATIONS Copyright © 2021. All rights reserved. This website is published by INEOS on behalf of its businesses. Headquarters: 38 Hans Crescent, Knightsbridge, London, SW1X 0LZ, UK. 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