INEOS is a global manufacturer of petrochemicals, specialty chemicals and oil products. It comprises 18 businesses each with a major chemical company heritage. Our production network spans 71 manufacturing facilities in 14 countries throughout the world.
INEOS is a young company. It has grown through a series of related acquisitions to become the world\'s third largest chemical company with sales today approaching $45 billion. Meanwhile INEOS is also Britain\'s largest privately owned chemicals and pharmaceutical company.
We believe INEOS is characterized by the following strengths:
-High-quality and low-cost production facilities
-Well-invested plants
-Large plants that benefit from economies of scale
-Favourable locations
-Experienced management
-Leading market positions
-Operating diversity - products, customers, geographic regions, applications and end-use markets
Our leading market positions allow us to be the supplier of choice for many of the largest customers in our markets. This has translated into strong and long-term relationships with these customers.
Our objective is to continue growing our profitability and cash flows through:
-Leveraging existing resources to expand sales
-Achievement of cost savings
-Extracting the full benefits of a vertically integrated business
Our management philosophy is to operate a simple and decentralized organizational structure, coupled with programmes intended to incentivize our employees.