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Ineos Category: Vehicle Marque/Conglomerate Official Site: Ineos.com Wikipedia: Ineos Wikipedia: Ineos Automotive Description: A London-based conglomerate with more than a dozen standalone business units founded in 1992 as Inspec. Ineos Styrosolution manufactures automobile parts. In 2016 the Ineos Automotive division was formed, and in 2022 they began their first deliveries to customers. Vehicle names used by Ineos throughout its history include: Grenadier. Page Sections: History · Styrolution Company Profile · Article Index |
The following section is an excerpt from Wikipedia's Ineos page on 11 February 2025, text available via the Creative Commons Attribution-ShareAlike 3.0 Unported License.
Ineos Group Limited is a British multinational conglomerate headquartered and registered in London. As of 2021, it was the fourth largest chemical company in the world, with additional operations in fuel, packaging and food, construction, automotive, pharmaceuticals, textiles, and professional sports. Ineos is organised into about 20 standalone business units, each with its own board and operating almost entirely independently, although founder Jim Ratcliffe, who owns a controlling interest, and his associates, who collectively own a minority share, sit on their boards occasionally.
Ineos is derived from INspec Ethylene Oxide and Specialities, a previous name of the business. It is also named after Eos, the Greek goddess of dawn, and "neos" is Greek for something new and innovative. As well as being an acronym, Ineos states its name represents the "dawn of something new and innovative".
In 1992, Inspec was formed by Jim Ratcliffe, previously a director of the U.S. private equity group Advent International, and by John Hollowood, for the purpose of executing a management buy-in of British Petroleum's (BP) chemicals arm.
The following section is an excerpt from Wikipedia's Ineos Automotive page on 11 February 2025, text available via the Creative Commons Attribution-ShareAlike 3.0 Unported License.
Ineos Automotive Ltd is British manufacturer of off-road vehicles based in London, operating since 2016. It belongs to the multinational conglomerate Ineos.
Ineos Automotive Ltd was founded by Sir Jim Ratcliffe, chairman of the multinational chemicals company Ineos. Ratcliffe came up with the idea of building a replacement for his Land Rover Defender and approached Jaguar Land Rover to buy the tooling to continue production after the original model ceased at Solihull after 67 years in January 2016, but the firm declined. Ratcliffe later decided to initiate a project to design and build a similar vehicle under the codename Projekt Grenadier. The vehicle is named after Ratcliffe's favourite pub, The Grenadier, in Belgravia, London, where the initial idea was considered, and where a promotional presentation was shown.
The following section is from a 2016 press release.
INEOS Styrolution is the leading, global styrenics supplier with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 85 years of experience, INEOS Styrolution helps its customers succeed by offering the best possible solution, designed to give them a competitive edge in their markets. The company provides styrenic applications for many everyday products across a broad range of industries, including automotive, electronics, household, construction, healthcare, toys/sports/leisure, and packaging. In 2015, sales were at 5 billion euros. INEOS Styrolution employs approximately 3,100 people and operates 15 production sites in nine countries.