CEO Today - UK Awards 2022

INEOS is a global manufacturer of petrochemicals, speciality chemicals and oil products. Comprising 36 individual businesses, we operate 194 facilities in 29 countries throughout the world. In recent years our scope of operations has diversified with the launch of INEOS Automotive and INEOS Hygienics, acquisition of iconic British brand Belstaff and an ever-expanding sports portfolio. A blend of opportunism, belief that we can add value and pursuit of our core values and passion for adventure. INEOS is led by its founder and Chairman Sir Jim Ratcliffe and co-owners Andy Currie and John Reece. We operate a federal structure based on clear reporting lines and direct accountability. Each business is managed largely autonomously by its own board of directors. There is minimal hierarchy or bureaucracy and a very lean head office function. INEOS products are essential in the modern world. Incredibly versatile, petrochemicals are used in a wide range of end-market applications to save lives, improve health and enhance standards of living. INEOS also encompasses consumer brands and sports interests. Our Business INEOS operates 36 individual business units covering the chemical and oil & gas industries, together with a number of consumer brands. Our chemical businesses are combined into a number of larger financial groups including INEOS Group, INEOS Styrolution, INOVYN and INEOS Enterprises. We operate a number of oil & gas businesses in the North Sea, together with the Forties Pipeline System and a refining joint venture, Petroineos. 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. 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. Our Products Chemicals Products from the petrochemical industry are found everywhere and are essential to modern life, helping to keep people healthy, housed, transported and in touch. Polymers INEOS is the largest producer of many polymers, linked petrochemical products such as polyethylene and polypropylene. Oil and Gas We all depend on oil and gas. With the steady demand for energy, oil and gas will be essential for many decades to come. Our Culture Ourfirstandfundamentalpriority issafety, health and environmental performance. We are highly focused on growth, EBITDA and top quartile economics. Fixed costs and cash are tightly managed. Our culture is entrepreneurial and defined by a lack of bureaucracy and politics. Being privately owned offers the freedom to take a long-term view, while a simple and decentralised organisational structure enables quick and efficient decisionmaking. Sports and fitness are integral to the INEOS culture, as are grit, rigour, humility and a real team ethos. Sustainability is fundamental to how we do business. It is a key driver of innovation in meeting the challenges associated with evolving societal needs. Our approach to sustainability encompasses six key areas: safety; climate; circular economy; people; communities and the natural environment; and governance. Our sustainability strategy is to develop and manufacture the products needed to address the evolving challenges of climate change, public health, resource scarcity, urbanisation and waste, in a way which drives us all towards a net zero emission economy by 2050. www. ceotodaymagazine . com CEO Today Un i t ed Ki ngdom Awa rds 202 2 Chemi ca l s Expe r t of t he Yea r Founder and CEO of INEOS Sir Jim Ratcliffe w w w . i n e o s . c o m 26

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