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.

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Company details
Year2005
Rank28
CompanyINEOS
ActivityChemicals manufacturer
LocationUK/Switzerland
Annual profit growth75.50%
Latest profits £000s156,103
Latest sales £000s1,780,893
Staff2,459
Founded1998
Websitewww.ineos.com

If applicable:

* supplied by company † annualised figure