INEOS GROUP INEOS BUSINESSES LOCATIONS GRADUATES CONTACT COMPANY EN COMPANY CLOSE MENU INEOS at a glance Profile Product Overview Vision & Values Leadership Company Magazine Sustainability Visit page SHE History Joint Ventures MARKETS PRODUCTS BUSINESSES NEWS AND MEDIA INEOS at a glance Profile Introduction Group Profile INEOS Growth Key Business Strengths INEOS Markets Geographic spread Introduction INEOS is a young company. It has grown to become a leading chemical company with sales today of around $47 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 believe strongly in employee share ownership, we are highly focused on growth and EBITDA, and see the “customer as king”. We look forward to working with you. Jim Ratcliffe, Chairman Group Profile INEOS - The Word For Chemicals We are here - in the production of paints and plastics, textiles and technology, medicines and mobile phones - the chemicals manufactured by INEOS are used as building blocks for many aspects of modern life. INEOS is a global manufacturer of petrochemicals, speciality chemicals and oil products. It comprises 15 businesses each with a major chemical company heritage. Its production network spans 51 manufacturing facilities in 11 countries throughout the world. INEOS is characterised by the following strengths: High-quality and low-cost production facilities Well-invested plants Large plants that benefit from economies of scale Favourable locations Experienced management Leading market positions Operating diversity - products, customers, geographic regions, applications and end-use markets Leading market positions allow INEOS to be the supplier of choice for many of the largest customers in our markets. This has translated into strong and long-term relationships with these customers. The company continues to grow its profitability and cash flows through: Leveraging existing resources to expand sales Achievement of cost savings Extracting the full benefits of a vertically integrated business The management philosophy at INEOS is to operate a simple and decentralised organisational structure, coupled with programmes intended to incentivise our employees. INEOS Growth Key Business Strengths LEADING MARKET POSITIONS 15 BUSINESSES SERVING DIVERSE RANGE OF END-USE MARKETS One of the world's largest chemical groups, leadership positions in key segments, 2011 sales of $43 billion Major position in Chemical Intermediates and commodity activities VERTICALLY INTEGRATED, LARGE-SCALE PRODUCER LOW-COST, WELL INVESTED PRODUCTION FACILITIES Providing certainty of supply, economies of scale, and competitive positions 51 manufacturing sites worldwide GLOBALLY COMPETITIVE FEEDSTOCKS LEADING TECHNOLOGY PLATFORM Good access to global raw materials markets Leading technologies underpin INEOS manufacturing assets and create strategic opportunities PROVEN RECORD OF MANAGEMENT Highly experienced with a proven record of value creation through the cycle and cash preservation at the BOC 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. Geographic spread INEOS operates 51 manufacturing facilities in 11 countries supplying markets around the world. A broad geographic earnings base provides our business with security and opportunity. Product Overview 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 product finder. ABS BAREX BIO ABS Polymers, SAN Polymers Barex Resins Specialized acrylonitrile-methyl acrylate co-polymer Advanced bio energy technology CHLORVINYLS ENTERPRISES MELAMINES Chloralkali Chlorine Derivatives, General Chemicals, E-PVC, S-PVC, VCM Brine & Water, Biodiesel, Ethanol, Esters, Sulphur Chemicals, Ammonia / Nitric Acid, Salt, VAM, PVC Compounds Melamine formaldehyde resins NITRILES OLEFINS AND POLYMERS EUROPE OLEFINS AND POLYMERS USA Acrylonitrile, Acetonitrile, Oxazole, Hydrogen Cyanide, Acetone Cyanohydrin, Ammonium Sulphate Ethylene, Propylene, Butadiene and other C4s, Benzene, Polyethylene (LD/LLDPE, HDPE), Polypropylene and other aromatics Olefins, high Density Polyethylene, Polypropylene OLIGOMERS OXIDE PARAFORM Linear Alpha Olefins (LAO), Polyalpha Olefin (PAO), Polybutene, Specialty Oligomers Ethylene Oxide, EO Derivatives, Ethylidene Norbornene, Glycol, Acetate Esters, Propylene Glycol, Propylene Oxide, Oxo-Alcohols Formaldehyde, Paraformaldehyde, Hexamethylene tetramine (HMT), Cyanates PHENOL STYRENICS TECHNOLOGIES Phenol, Acetone, Alphamethylstyrene Expandable Polystyrene Licenses world class petrochemical technology for: Polyethylene, Polystyrene, Vinyls, Polyproylene, Acrylonitrile, Chlor-Alkali Vision & Values INEOS is a customer-focused company. Its business mission is to be the supplier of choice to its customers. INEOS key values are: Excellence in safety, health and environmental performance Focus on customer satisfaction, total quality and reliability Continuous improvement to become the lowest cost producer of high quality products Encouragement of innovation, entrepreneurship and reward for achievement 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. Jim Dawson Jim is a non-executive Director of INEOS with significant experience in the refining industry. He is a former Director of Shell International Chemicals and former Chairman of several of its global businesses. He was also CEO of Shell Renewable Energy. Jim has a first degree in Chemistry and D.Phil at Oxford Company Magazine Welcome to the INCH magazine, a regular publication that reflects INEOS in all its diversity, covering a broad range of topical subjects. Articles might not feature INEOS directly but will be relevant to our businesses, sites or markets in some way. We’ve called it INCH, initially taken from the newspaper term “Column Inch”, a way of measuring articles. It is certainly different, as far as titles go but can also be said to fit with INEOS CHemicals or even In Switzerland….IN CH. Guest writers contribute to the various articles from time to time to provide an impartial and independent view. And we have also been filmed some of the main articles that you can see the interviews with some of our contributors. INCH is available in print and online at ineos.com, and for those of you with iPads, it is also on Apple Newstand, in English, German, French, Dutch, Swedish and Norwegian. On behalf of the editorial team, we hope you find the magazine an interesting read and we welcome your feedback to help us shape future editions, inch-by-inch. Sustainability SHE Our SHE Policy REACH Performance & Reporting Culture of Safety INEOS takes its responsibility for the environment very seriously and is fully committed to delivering a record of responsible environmental 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. Our SHE Policy Our commitment is to protect the health and safety of our employees, the communities in which we operate and the users of our products. We aim to meet or where practicable exceed all relevant legislative requirements and minimise the effect of our operations on the environment. Our goal is zero injuries, to be achieved through a positive safety culture in which we believe all accidents are preventable. We care... About the safety, security and health of our workforce, customers, suppliers and our neighbours, About the environment, today and tomorrow, About compliance with the law, About developing a workforce of SHE champions We hold ourselves and one another accountable for SHE performance. REACH The Registration, Evaluation, Authorisation and Restriction of Chemical substances (REACH) legislation (EC 1907/2006) entered into force on June 1, 2007. REACH requires that all substances manufactured in, or imported into, the EU in quantities >1tpa are registered with the European Chemicals Agency (ECHA). The registration process requires that companies submit to ECHA a chemical safety dossier detailing the intrinsic properties, and a risk assessment for known uses for each of the substances they manufacture or import. INEOS is committed to fulfilling its REACH obligations under its commitments to responsible care, free trade and in limiting risks of exposure to chemicals for health and the environment. Its businesses have successfully registered those substances which it manufactures or imports required by the first phase in deadline of 30th November 2010. It continues to work to meet the 2013 and 2018 deadline requirements. If you have specific questions regarding REACH for the substance you purchase from INEOS, please contact the specific INEOS business. In addition, INEOS has successfully notified all manufactured or imported substances into the Classification and Labelling Inventory as required by regulation (EC) 1272/2008 on the classification, labelling and packaging of substances and mixtures (CLP). Performance & 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: Culture of Safety Active employee and contractor involvement is critical to achieving our safety, health, and environmental objectives. Employees and contractors throughout the Company participate in safety teams, contribute to investigations and incident learning, and suggest ongoing improvements in safety standards and procedures. Our commitment to safety starts at the top as a core value of our company. It is driven through the Executive Boards of each of INEOS’ 12 businesses, which are accountable for performance, to all plant operating teams, wherever they are in the world. We support a positive and open environment across our businesses, supported by effective communication between management, employees and contractors and an ongoing programme of investment in safety. Our management teams and employees know that the sustainable long-term future of our businesses rests on our track record on safety, health and the environment. We view safety, health and the environment as the top priority of all INEOS companies. Joint Ventures Styrolution Petroineos Styrolution Styrolution is a 50:50 joint venture between INEOS and BASF. It has sales of [Euro]6.6 billion and is the worlds number one supplier of styrene monomers, polystyrene and copolymers. The company formed in 2011 employs around 3,400 people. It operates 17 manufacturing sites in ten countries, and has a broad customer base in over 100 countries worldwide serving a wide range of industry sectors including: automotive; electrical/electronics; building and construction; household appliances; toys/sports/leisure; packaging; healthcare and diagnostics. Product Portfolio Styrene monomer (SM) Polystyrene (PS) Acrylonitrile butadiene styrene (ABS) Styrene-butadiene block copolymers (SBC) Other styrene-based copolymers (SAN, AMSAN, ASA, MABS, SMMA) Copolymer blends (ABS/PA, ASA/PA, ASA/PC) Headquarters Frankfurt/Main, Germany (global and European headquarters) Channahon, USA (regional headquarters Americas) Singapore (regional headquarters Asia-Pacific) Petroineos Petroineos comprises trading and refining joint ventures between INEOS and PetroChina International (London) Company Limited. The company which was formed on July 1st 2011 is Europe's leading independent crude oil refiner. With two particularly advantaged refineries, it processes more than 420,000 barrels of crude oil per day, to produce in the region of 20 million tonnes of fuels per annum. Petroineos refineries are strategically located at Grangemouth Scotland and Lavéra France and are both fully integrated with co-sited petrochemical assets of the Company. Close proximity to feedstocks and customers are key elements of its strength. The company employs around 1,000 people and has a turnover of around $15bn. The Grangemouth refinery is located on the Firth of Forth with direct access to crude oil and gas from the North Sea. The Grangemouth refinery processes around 210,000 barrels of crude oil per day and provides fuel to Scotland, Northern England and Northern Ireland. The Lavéra refinery processes 210,000 barrels of crude oil per day. It is located on the coast of the Mediterranean crude oil trading basin, next to the port of Marseille. The refinery supplies fuel by pipelines into France, Switzerland and Southern Germany. Petroineos sites remain integrated into INEOS' downstream petrochemical production. Product Portfolio Gasoline Diesel Jet-fuel (ATK) LPG Kerosene (RSK) Gas Oil/Heating Oil Fuel Oil Headquarters London INCH Magazine Investors Legal Privacy Policy Cookie Policy Sitemap Sign In Copyright © 2014. All rights reserved. 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