Profit Track 100

Ineos Group was created in a 1998 management buyout of part of Inspec’s chemicals division. Through a series of acquisitions it has grown into Britain’s fourth-largest chemicals company and it claims to be the world’s largest producer of air-conditioning fluids. Ineos now has more than 14 plants in 9 countries and is owned by its 2,500 staff and management.

The group’s profits grew 76% a year from £28.9m in 2000 to £156.1m in 2003. It has two sister companies, Ineos Chlor and Ineos Vinyls Group, which owns a majority stake in PVC component maker EVC, a firm quoted on the Amsterdam stock exchange.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
ActivityChemicals manufacturer
Annual profit growth75.50%
Latest profits £000s156,103
Latest sales £000s1,780,893

If applicable:

* supplied by company † annualised figure