INEOS makes specialist chemicals and petrochemicals used in products ranging from plastics to medicines and mobile phones. Its plant on Teesside – one of five in the UK – is Europe’s largest producer of the chemicals used to make carbon fibre, insulin and antibiotics. Chairman Jim Ratcliffe, 60, began building Ineos in 1998, buying subsidiaries from giants such as ICI and BASF. It now operates 51 plants worldwide and had sales of £18.4bn in 2012.

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Company details
Year2013
Rank2
CompanyINEOS
ActivityChemicals manufacturer
LocationUK/Switzerland
Sales £m*18,398
Profit £m*1,393
Year endDec 12
Principal shareholdersJim Ratcliffe (75%), management and staff (25%)
Staff11,879
Founded1998
Websitewww.ineos.com

If applicable:

* Supplied by company † Annualised figure