Inch Magazine

Issue Article
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    Energy investment worldview

    But how energy is sourced varies across the world. Here Brian Gilvary explains why INEOS Energy is prioritising investments in the US and other stable markets due to high energy costs and uncertain government policies in the UK and Europe

    ENERGY is INEOS’ lifeblood. It cannot survive without it – and neither can the world. INEOS uses energy to power its manufacturing plants around the world and as a raw material to make products that underpin modern society. So it is vital it invests in countries that understand its needs. America does.

    INEOS Energy has just announced the acquisition of the Gulf of Mexico business held by CNOOC Energy Holdings U.S.A. Inc. This latest deal follows INEOS Energy’s decision to buy a major tranche of Chesapeake Energy’s oil and gas assets in Eagle Ford, South Texas, last year, and an agreement to buy 1.4 million tonnes a year of LNG from Sempra Infrastructure at Port Arthur in Texas in December 2022.

    “That’s three deals in three years, none of which would currently be economically attractive in the UK,” said INEOS Energy chairman Brian Gilvary. Capital spend on energy assets in the USA now exceeds $3billion, and provides INEOS with a strong platform for future growth.

    “America has long been an attractive market for energy investment,” said Brian. “It provides a stable fiscal regime, which is supported by successive governments that understand the importance of affordable, long-term energy security.”

    That stability saw the US cease being a net importer of energy in 2011 for the first time since the 1950s due to its rapid investment in shale oil and gas.

    Today, America has access to some of the cheapest energy in the world, allowing a manufacturing base that can compete around the world.

    “That makes it a good place to start an energy transition because gas would be the transition fuel, replacing coal,” said Brian. “And its healthy economy could support investments in carbon capture and renewables through the Inflation Reduction Act.”

    The rapidly-growing Asian economies also understand the importance of energy and energy security to their economies. China may be rapidly growing renewable sources of ‘clean’ energy, but it continues to invest heavily in new coal-fired power generation to ensure security of supply, with over 1,150 operational plants.

    According to the International Energy Agency, China, India and Indonesia now account for 70% of global coal output, which grew to a record 8.9 billion tonnes last year. In China, coal now makes up 53% of its energy generation.

    “The irony of using coal to fuel one of the fastest-growing electric vehicle markets in the world should not be lost on policymakers around the world as they attempt to transform their economies to net zero emissions via a predominant focus on renewables,” said Brian.

    But he believes that message is being lost.

    “The rapidly-growing Asian economies are focused on low-cost energy to fuel jobs and growth,” said Brian. “The European approach is to focus on ‘net zero’, seemingly at all costs.”

    He warned that investment in new energy capacity was uneconomic without subsidy which could make the policy expensive and inflationary. And he said there was a limit to the pace that could be achieved.

    “Germany is a case in point of how badly you can get your energy policy wrong by driving a multi-decade green agenda without understanding security of supply and baseload energy,” he said.

    Germany shut down most of its nuclear power plants after the Fukushima accident in Japan in 2011, and began relying on coal imports again to supplement gas from Russia.

    “The war in Ukraine has forced Germany to the ramp up coal which has had a major impact on CO2 emissions,” said Brian.

    A recent report by the Baker Institute highlighted Germany’s ‘misguided energy policy’. It said energy was central to a country’s prosperity and the implications of Germany’s misguided energy policy had been far-reaching. 

    “Germany is now one of the world’s worst economic performers among major developed economies,” said Brian.

    Mainland Europe and the UK today have some of the highest electricity prices in the world. But Brian believes the UK’s fortunes could change for the better if the government’s newlyformed Great British Energy followed China and America’s lead and embraced all energy on its doorstep.

    “A balanced energy strategy needs to run at the same pace as the energy transition because it helps industry remain competitive, avoids increasing energy costs and provides a stable flow of tax for the exchequer,” he said.

    Most industry bodies believe oil and gas will be necessary for decades to come, but investment in UK North Sea oil and gas is in decline.

    “The industry has been severely undermined by an unstable fiscal regime over successive decades that has seen successive governments yo-yo on petroleum revenue tax,” said Brian.

    “The most recent excursion to 78%, driven by then higher oil prices, has simply driven away future investment.”

    The ‘windfall’ hike to 78% was driven by post-covid high oil prices up to $120 a barrel and huge trading profits from the international supermajors. Since then the prices have almost halved, but the windfall gains have remained, which is driving away investment from the North Sea into other opportunities around the world.

    “The previous government rushed through the ‘levy’, driven by a media frenzy, creating no safety net or threshold for reducing the tax at the lower prices we have today,” he said.

    Under the current regime, the government effectively now owns 78% of Britain’s offshore oil & gas assets.

    “The treasury will soon see the value of those assets deteriorate as companies, left with the 22%, hold back on any significant investments to maintain their production and value,” he said.

    “The bottom line is that too tight a fiscal take results in lower tax revenues over the medium to longer term. That’s a choice for the government of the day but companies will react to the signals they send.”

    INEOS Energy has, however, welcomed the UK government’s decision to pledge about £22 billion for projects to capture and store carbon emissions from energy, industry and hydrogen production to help meet climate goals.

    “The International Energy Agency has been clear we must eradicate emissions from fossil fuels, not eradicate fossil fuels,” said Brian. “And this investment means we will be using fossil fuels to create energy and dealing with the associated CO2 long into the future.”

    But he said he hoped Great British Energy – in its drive to become net zero - would understand the importance of a reliable baseload energy.

    “Wind and solar can never be baseload until we have cracked the storage of electricity conundrum, and green hydrogen, as baseload energy, is economically decades away,” he said. “Without baseload energy assured, the consequences of power cuts and strain on the grid are inevitable.

    Whatever happens, INEOS Energy will continue to import LNG from America into the UK.

    “All of the taxes associated with the production of the LNG will be paid in the United States,” said Brian. “And the UK treasury will discover they will not be recovering the tax they could have got if those gas molecules had been produced in the UK.”

    3 minutes read Issue 28
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    INEOS Nitriles reel in cash to help endangered animals

    Being a good neighbour is part of INEOS’ DNA. Employees are encouraged to help whoever, whenever and wherever they can. But it’s not just about raising money for worthy causes. It’s also about being part of a community.

    INEOS Nitriles has helped a small zoo which cares for endangered species that it hopes will one day be returned to the wild. The Green Lake site donated $10,000 to help The Texas Zoo buy a replacement conservation education vehicle so that the zoo’s educators can reach communities that struggle to visit the zoo.

    “The Texas Zoo is the only zoo between Houston and the southern tip of Texas, which is a distance of 350 miles,” said zoo director Bill Baker. “If we can bring the zoo to them, we can spread our conservation message.”

    The Texas Zoo is home to some very threatened species, including two of the world’s 300 remaining red wolves. Last year it hosted 5,400 students on field trips. Its conservationists visited 23 additional schools, introducing thousands more students to the zoo’s animal ambassadors and the zoo’s conservation programmes.

    INEOS Nitriles said it wanted to help because its Green Lake site employs people from all over the area.

    “The Texas Zoo gets kids out to interact with nature, learn about conservation and have an opportunity to see and touch animals from all over the world,” said site director David Spacek. “We chose to support the zoo because education and conservation are two of INEOS’ values.”

    The money was raised during a fishing tournament at Port Lavaca, which is known for its world-class saltwater fishing. The inaugural event, which raised a grand total of $33,000, was supported by many of INEOS Nitriles’ contractor companies.

    The site’s efforts were also supported by the INEOS ICAN Foundation, which provided logistical, financial accounting, design and marketing support.

    “The foundation also allows donors to receive tax deductions,” said foundation director Kathryn Shuler. “We were pleased to help.”

    The tournament proceeds funded several additional initiatives, including a two-year process technology scholarship at Victoria College and the cost of sending a local teacher to a national skills training conference.

    BELGIUM

    Keen cyclists wheel in the cash for charity

    KEEN cyclists from INEOS’ sites around the world covered more than 1,000,000 km in 21 days to raise thousands for a host of charities. Among the charities to benefit was a foundation, set up by a well-known Belgian triathlete after he was paralysed in a cycling accident while training for the world Ironman championships.

    Marc Herremans’ To Walk Again Foundation is designed to help disabled athletes stay healthy in the hope that one day there may be a cure for paraplegia. Marc, who began training as a wheelchair athlete just three months after his accident, is today one of the most requested international motivational speakers in the world.

    The team from INEOS O&P Lillo donated thousands to Marc’s foundation. In all, 2,540 employees from 32 countries competed in this year’s annual INEOS Tour de France Challenge. As the main Tour de France worked its way around France, the 117 teams put in their leg work, squeezing in rides before, during and after work.

    The UK clocked up the most kilometres – 279,516 – but Lavera Blanc from France was named as the winning team. INEOS has been running the cycling challenge since 2017.

    UK

    Site seeks to inspire tomorrow’s generation

    EMPLOYEES have been investing their time and energy into making sure INEOS Acetyls has a strong future pipeline of talent in Hull. They know the business thrives from recruiting the brightest and the best, and understand the importance of cultivating tomorrow’s generation of engineers and scientists. As such, they regularly attend events to encourage young people to consider STEM careers.

    “As a big employer in the area, we want to show the varied and exciting careers we can offer,” said Ellie Westwood, Communications lead. In the past staff from INEOS Acetyls, the largest producer of acetic acid, acetic anhydride and ethyl acetate in Europe, have been part of Humber STEM Event and Humber Science Festival.

    They have also supported Women in Manufacturing and Engineering, a Humber-based programme to inspire girls and women to consider careers in the manufacturing and engineering sector.

    The UK site also works in partnership with Hull & East Yorkshire Children’s University to help raise the aspirations of children from some of the most disadvantaged parts of the city.

    “The work we do with the university is important because it gives us the chance to play a part in broadening local children’s horizons,” said Ellie.

    Denmark

    Staff come clean about energy challenges

    SUSTAINABILITY matters to INEOS Energy Denmark. It also matters to future generations who will experience the long-term impacts of any decisions made today. So INEOS Energy Denmark was keen to take part in a lively debate, which discussed the crucial balance between ensuring energy security and what needs to be done to transition to a green economy.

    “It was incredibly encouraging to see so many people interested in learning more about what INEOS Energy is doing and engaging in a constructive dialogue,” said Mads Weng Gade, Head of INEOS Energy Denmark.

    The INEOS team, who attended Denmark’s national Democratic Festival on Energy debate, spoke to hundreds of school students about the green transition and INEOS Energy’s ambition to be a frontrunner in carbon capture and storage – a move seen as vital to meeting climate goals.

    The team went on to answer questions about European energy supply and carbon capture and storage for the chance to win a signed jersey from Danish striker Rasmus Højlund from Manchester United.

    USA

    £25,000 helps charity to build on its foundations

    A CHARITY which builds homes for those who cannot get a conventional mortgage, was given £25,000 by INEOS. The donation to East Cooper Habitat for Humanity in South Carolina was one of several £25,000 grants awarded to good causes to commemorate INEOS’ 25th anniversary.

    The charity was nominated by members of the INEOS Aromatics team in Charleston who also volunteered to help to build one of the new homes. More than 50 volunteers built 30 walls for a 1,200 square foot home for a local family in about two hours.

    “We couldn’t be happier to partner with INEOS as a major sponsor of our next community in McClellanville,” said Kevin Brokes, Executive Director of East Cooper Habitat.

    “Having a partner who understands the value of giving back to the community where they work and live, allows us to further our goals to provide safe and affordable housing to families in our community who need it the most.”

    Zimbabwe

    Children benefit from INEOS’ sporting gesture

    INEOS has found a good home for its unwanted, branded sports kit – in Africa. So far, it has donated about 2,000 pink GO Run For Fun T-shirts to schools in Zimbabwe and the children love the fact they are all wearing the same kit.

    “Scimitar Sports helped us to get them there,” said Alexa Chilton, INEOS Energy Station project manager. Chinotimba Primary and Chamabondo Primary, both in Victoria Falls, Zimbabwe, use the kit when they compete in tournaments. The larger T-shirts are worn by the teachers and coaches. The donations were made through Scimitar Sports’ WearThenShare™ initiative, which upcycled thousands of items of sportswear and sends them to developing countries.

    “INEOS has been a great supporter of our WearThenShare™ programme for many years,” said Adam Yeomans, Mass Participation Manager, Scimitar Sports. 

    Germany

    Staff go out of their way to care for environment

    INEOS staff in Köln, Germany, took part in a global initiative to help clean up the world. About 80 employees from four of INEOS’ businesses – O&P Europe, Nitriles, Oxide and Oligomers – spent an hour scouring the neighbourhood for rubbish and found enough to fill about 25 bin bags. They also found discarded garden chairs, tyres and unwanted old furniture.

    “It was an impressive amount of rubbish,” said Johanna Pauly, who works in the communications team.

    Nia Klinkert, a first-year apprentice who took part in World Cleanup Day, said she hoped to do it
    again next year.

    “World Cleanup Day showed me how much each individual can contribute,” she said.

    UK

    Manchester United hosts UK’s first Daily Mile Santa Run at Old Trafford

    INEOS pitched in to help run the first Daily Mile Santa Run at Manchester United’s Theatre of Dreams. The team from The Daily Mile Foundation joined forces with Manchester United Foundation to give nearly 200 local children the chance to complete two laps of the Reds’ famous home. The chosen children live in some of Greater Manchester’s underserved communities.

    “Being able to come here to do this run set Christmas off brilliantly for them,” said Rick Winstanley, who teaches at St Alphonsus Primary School in Manchester. “Some of them had never been to Old Trafford before so it was a top day allround.”

    After completing the festive-themed Daily Mile, the children met Santa, and other elves, receiving festive gifts inside the stadium.

    “Some of these children might not get to experience Christmas in the same way that others do, so it’s been great fun getting them together,” said Collette Roche, Manchester United’s Chief Operating Officer.

    It was also a golden opportunity to help the youngsters understand the importance of keeping active, even during the winter.

    In all, children from 29 of Manchester United Foundation’s partner primary schools were invited to take part in the Daily Mile Santa Run. Among them was Meadowbank Primary, one of INEOS’ Forgotten 40 schools. Similar Daily Mile Santa Runs were held around the UK.

    2 minutes read Issue 28
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    Raising aspirations

    CHILDREN from some of the poorest homes in the UK are being given the chance to learn, experience and develop skills that would otherwise be completely out of reach. They are enjoying days out, visiting the theatre, learning ballet, basketball and tennis, and being taught to play the piano and the violin. And the results are startling. Headteachers at the 100 schools, involved in INEOS’ groundbreaking Forgotten 40 project, say they have seen improvements in their pupils’ self-esteem, resilience, confidence and willingness to learn.

    “A trip to a bowling alley might be a typical outing for a child from a more affluent home, but to our children, it is like giving them the world,” said Andrew Williams, headteacher at Penrhys Primary school in the Rhondda Valley in Wales.

    The Forgotten 40 project is now in its fourth year and will run for seven years. It was founded by INEOS whose chairman Sir Jim Ratcliffe grew up in a council home in Failsworth, Manchester.

    He enlisted help from a trusted team of experts in 2020 after reading disturbing reports about growing childhood poverty in the UK. Over the past three years the 100 schools, chosen by INEOS, have each been given more than £60,000 – and headteachers are trusted to spend it wisely on schoolinspired initiatives to improve the lives of their pupils.

    So far they have invested in one-to-one counselling for troubled pupils, breakfast for all, boxing lessons to relieve the stress of SATs, and opened shops selling discounted food and household items. They have even bought beds and bedding for children who had none.

    “If a child is tired because they haven’t slept well or they haven’t eaten, they are not going to be in a good position to learn when they get to school,” said Andrew.

    Teachers also recognised the importance of taking parents on the journey too – and opened up after-school cookery classes to help them understand the importance of a healthy balanced diet.

    One of the schools currently being supported by Forgotten 40 is Angela Rayner’s former primary, Bridge Hill in Stockport. The Deputy Prime Minister said she often went to school, not having eaten breakfast.

    Although INEOS is funding the initiative, it is run by a team who really understand the challenges facing today’s primary school headteachers. Elaine and John Wyllie, Brian Padgett, Sheila Loughlin and Elaine Crotty all know from their own experience that a child’s home life can hamper the ability to do well in school.

    “Child poverty is nothing new,” said Brian, a former headteacher and government Ofsted inspector. “It has been a priority for successive governments for about 70 years.”

    Attempts to tackle the problem, though, he said, had focused on raising standards in schools.

    “No one has tackled the root cause, which is what goes on beyond the school,” he said. “The home underpins everything. If a parent is, for example, ill or worried about food or money, their child will be too, so they won’t be in the right place to learn.”

    The Forgotten 40 team’s approach has never been tried before.

    “By helping families to cope and live better, the children benefit,” said Elaine Wyllie, who founded The Daily Mile when she was headteacher at a primary school in Stirling, Scotland. Today that simple initiative to get children fit for life is regularly run by five million children in 96 countries thanks to INEOS’ involvement.

    Elaine believes funding the inequality gap could be the solution to closing the attainment gap in schools.

    “Targeting the attainment gap alone is like lighting a fire under a radiator instead of firing up the boiler,” she said.

    Former Tory MP Seb Coe said Forgotten 40 made ‘considerable sense’ because headteachers were deeply embedded in their communities.

    “They are in a unique position to identify barriers to learning and they can best work to resolve them,” he said. The Forgotten 40 project is not about sending a child on elaborate, round-the-world expeditions. Instead, it’s about opening a child’s eyes to the world around them and showing them what’s on their own doorstep.

    “It could be taking them to a local museum or an art gallery that they have never visited before,” said Brian. “By taking them, though, we show them that these places are not just for wealthy children.”

    Many of Britain’s most deprived schools can be found in former industrial heartlands with a rich and proud heritage.

    “If these children understand that, we can help to build pride in their own communities,” he said.

    Every year the headteachers, involved in the project, meet in London to discuss what has worked – and what hasn’t.

    “We are not expecting all the initiatives to work,” said Elaine Crotty. “What we want to do is encourage teachers to take a risk and try something new.” 

    INEOS’ Forgotten 40 project focuses on a wide variety of initiatives to improve the lives of children in underprivileged areas.

    • Enrichment activities
    • Nurture and mental health
    • Support for families
    • Educational support
    • Creative projects
    • Community and heritage

    2020
    INEOS enlisted help from a trusted team of experts after reading disturbing reports about growing childhood poverty in the UK

    100
    100 schools across the UK participate in the initiative

    2 minutes read Issue 28
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    Inactive pupils a growing concern for teachers

    MANY primary school teachers in the UK are worried about children’s lack of fitness, new research has shown. They fear pupils are becoming less and less active and 52% of those questioned in a recent survey said that many of their pupils would struggle to run a mile. The research was carried out in the run-up to a national UK TV campaign calling on schools to adopt The Daily Mile, a simple, INEOS-backed initiative which has been scientifically proved to improve fitness and concentration in class.

    “The benefits of physical activity for children are beyond dispute,” said Gordon Banks, global director, The Daily Mile Foundation. “Active children are healthier and happier and we know that leads to better learning outcomes in the classroom.”

    More than five million children in 98 countries now regularly take part in The Daily Mile, which encourages them to run or walk the equivalent of a mile every day.

    “The proven success of The Daily Mile makes it clear that building healthy habits for life can be affordable, inclusive and simple,” said Elaine Wyllie, who founded it in 2012 when she was headteacher of a primary school in Scotland.

    The latest research was carried out by The Daily Mile Foundation. Many (73%) of the 501 teachers questioned said they were concerned that many pupils actively avoided doing anything physical, even during break times, because those children were more likely to be disruptive in class.

    It was a different story, though, for schools which had adopted The Daily Mile with teachers reporting better behaviour and increased concentration.

    “The impact of increased physical activity is already being seen in schools who participate in The Daily Mile,” said Elaine. 

    Recent research by Sport England also showed that an active lifestyle can help to ward off illness in later life.

    “Their report provided a timely reminder to us all of the life-enhancing benefits of sport and physical activity and the unique role it plays in bringing communities together,” said Gordon.

    But what the report also highlighted was that those in poorer communities did not have the same access to sporting facilities.

    “For some children, especially those in underserved communities, the school environment may be their only access to physical activity,” said Gordon. “But that’s where The Daily Mile can help.”

    Previous research has shown that The Daily Mile has been especially effective in reaching disadvantaged school populations in urban areas with significant health inequalities.

    “This uniquely positions The Daily Mile to address the challenge of transforming inactive children into active participants,” he said.

    Recently MP Kim Leadbeater took part in The Daily Mile with children from Liverpool. She said the British government needed to look at cost-effective and practical measures that could be promoted now. “The Daily Mile is a brilliant example of that,” she said.

    Survey may offer food for thought

    RESEARCH is being carried out in Italy – with INEOS’ backing and financial help – to judge whether growing children are getting enough vitamin D in their diet. Pupils from two Italian secondary schools and a group of young footballers were asked to keep a daily log of what they ate for two weeks.

    Researchers are now analysing the results to see whether the food provided the 260 boys and girls, aged 13 and 14, with enough vitamin D.

    This project is fully in line with INEOS’ culture of leading a healthy lifestyle and shows our commitment to the next generation,” said Annalisa Lo lacono, who works in the HR department at INEOS Inovyn in Rosignano.

    Growing children need vitamin D to thrive because it keeps their bodies healthy and builds strong bones.

    Symptoms of vitamin D deficiency can include fatigue, depression, loss of appetite and bone pain. And the most common cause of it is a poor diet.

    At the start of the project, staff from INEOS, which sponsors Rosignano Solvay football club, met teachers and parents to talk about INEOS Group’s involvement with some of the best and fittest sporting teams in the world – and why it is important for children, especially, to eat a healthy and balanced diet.

    The results of the questionnaire – now being analysed by a university professor and a nutritionist biologist – will be known and shared with parents, teachers and all stakeholders later this year.

    “The parents are very pleased because, based on the questionnaires, nutrition experts will be able to provide them with information on how to adjust their children’s diet to correct the vitamin D deficiency,” said Juna Cavallini, HR & Communication Manager at INEOS in Rosignano.

    2 minutes read Issue 28
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    Louis Vuitton Cup victory

    The British team had beaten Italy to set up their clash with the mighty Kiwis. INEOS Britainnia – as the official Challenger of Record – stormed to victory to claim the Louis Vuitton Cup and a place in Britain’s first America’s Cup match for 60 years.

    “It was a massive day for our team,” said skipper Sir Ben Ainslie.

    Over nine days, the two crews raced 10 times. After eight races, it was 4-4.

    “We always expected it would be tough so it was no surprise, but we definitely thought it would go all the way,” said Ben.

    In the end, though, it didn’t need to. INEOS Britannia, which had earlier recorded the fastest speed in America’s Cup history, broke the deadlock with two back-to-back wins. In the toughest of conditions, with waves up to 1.2 metres, the British crew pushed their AC75 to the absolute limit, nailing the starts and managing to maintain a lead in both races while battling against the elements.

    “It was a real challenge for both teams,” said Ben.

    “You’re constantly on a knife edge trying to keep these AC75s foiling whilst cutting through the wave chop.”

    Those two wins meant INEOS Britannia needed only one more point to clinch the cup that Italy had won in 2021. But the British team knew that if anyone could come back, it was the Italians.

    What followed, though, was some of the best racing ever witnessed at The America’s Cup.

    The Italians pushed the British team all the way, but the crew of INEOS Britannia kept their nerve even as the Italians began to chip away at their lead. The British crossed the finish line with a 17-second margin to win 7-4, crushing Italy’s hopes of taking on the Kiwis once more.

    “I was proud of how the team delivered,” said INEOS Britannia co-helmsman Dylan Fletcher. “It really felt like we’d been building momentum. We were progressing as a team and that was testament to the entire team, the software engineers, the performance team and the shore crew looking after the boat.”

    Italy’s men may have lost to Britain, but their Luna Rossa Prada Pirelli female crew won the first-ever Women’s America’s Cup, beating Britain’s Athena Pathway in the final by eight seconds.

    The British boat was skippered by double Olympic champion Hannah Mills, who set up Athena Pathway with Ben Ainslie to improve the diversity in sailing. The Italians also won the Youth America’s Cup title after a comprehensive victory over NYYC American Magic.

    INEOS up for the challenge

    BRITAIN is now the official Challenger of Record for the 38th America’s Cup. The Royal New Zealand Yacht Squadron accepted the challenge from the Royal Yacht Squadron shortly after Emirates Team New Zealand had successfully defended the 37th America’s Cup in Barcelona. For as far as the crew of INEOS Britannia is concerned, it is not over. Their mission has always been to win the America’s Cup for Britain, and nothing has changed.

    INEOS has now backed two America’s Cup campaigns. In 2021 INEOS Britannia lost to Luna Rossa in the Prada Cup Final, which meant the Italians won the right to challenge Emirates Team New Zealand for the 36th America’s Cup in Auckland, New Zealand. This year, though, it was INEOS Britannia’s turn after they beat the Italians 7-4 to win the Louis Vuitton Cup – and the right to challenge the Kiwis for the 37th America’s Cup in Barcelona.

    Despite failing to win the coveted Auld Mug, the fire that has driven everyone on the team continues to burn.

    “There can be no denying that there have been ups and downs along the way,” said INEOS Chairman Sir Jim Ratcliffe.

    “But the path to greatness is never linear, certainly not easy and often takes time, patience and a dogged determination.”

    The team’s boat was the result of INEOS Britannia’s collaboration with Mercedes-AMG Petronas F1 Team, who helped to design and develop the 6.2-tonne yacht at Brackley, Northamptonshire. The boat was made up of more than 100,000 individually modelled and manufactured components. After each race, the INEOS Britannia team interrogated the data, optimised the technology and refined their sailing strategies to do better.

     “Their progress was testament to the unquestioning commitment from everyone in the team,” said Sir Jim

    2 minutes read Issue 28
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    What a battle. What a tournament. What next?

    BRITAIN’S hopes of winning the coveted America’s Cup for the first time in 173 years ended in Barcelona. The mighty Kiwis – dubbed the All Blacks of sailing – beat INEOS Britannia 7-2 in calm seas to retain the Auld Mug and become the first team in modern history to win three in a row. “We always knew it was going to be hard to beat them, but I think they will be scared of how much we have progressed through the America’s Cup” said Britain’s co-helmsman Dylan Fletcher.

    It was the first time a British yacht had made the America’s Cup match in 60 years – and the first time a British crew had scored points in the match in 90 years. They were also the first-ever British team to win a challenger series.

    “To be all those things shows the new standard for British sailing that this team has set,” said INEOS Chairman Sir Jim Ratcliffe.

    The defenders, Emirates Team New Zealand, had started off like a rocket, winning the first four races in the best-of-13 series. The tide seemed to turn when INEOS Britannia – the official Challenger of Record – won back-to-back races to make it 4-2.

    “It was a solid effort from the team to get two wins in those difficult conditions,” said skipper Sir Ben Ainslie.

    In the first of those two races, the New Zealanders had dropped off their foils and then struggled to get up. Only a mistake by the British crew would have changed the outcome, but INEOS Britannia were sailing flawlessly, pulling off slick manoeuvres and maintaining flight. The British crossed the line one minute 18 seconds ahead of the Kiwis.

    The second race was incredibly tense, but the British won the start and went on to cross the finish line seven seconds ahead of the Kiwis.

    INEOS Britannia trimmer Leigh McMillan said after the race: “We are looking forward to getting back out there again and keeping the pressure on and momentum going.”

    But sadly from then on, it was nothing but perfection from the Emirates Team New Zealand who won the following two races in favourable wind conditions to open up a 6-2 lead.

    For the Kiwis, it was now match point. For the British, it was now do or die.

    Georgie Ainslie urged husband Ben to channel memories of San Francisco 2013 when, as a tactician, he had helped Oracle Team USA overturn an 8-1 deficit to retain The America’s Cup. It was one of the greatest sporting comebacks ever. And it was against New Zealand.

    But it was not to be.

    Despite dominating the start, the Kiwis were soon back in control and 200 metres ahead by the time they reached the first turn. Ben had promised his team would not go down without a fight and on the third leg, INEOS Britannia had reduced the gap to just one metre. But they were just unable to get ahead and although they managed to stay close to the Kiwis, they couldn’t catch them.

    “We had our moments in the finals, but at the end of the day the better team won,” he said.

    At the prize-giving ceremony, Bernard Arnault, CEO of Louis Vuitton, said INEOS Britannia had put up a formidable challenge. “You have pushed boundaries, showed resilience and a relentless pursuit of victory, inspiring us all,” he said.

    He described The America’s Cup, which was founded in the UK in 1851, as a symbol of human ingenuinty, teamwork and inspiration for future sailors. “It is more than just a race,” he said.

    2 minutes read Issue 28
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    INEOS makes strategic investment to boost UK gas supply and support energy transition

    More gas than ever is now flowing into the UK from INEOS’ Breagh gas field in the North Sea. The increased supply, which will secure domestic gas supplies for UK homes and industry for years to come and help to stabilise prices, follows INEOS’ decision to invest in an electric-driven compressor at the Teesside Gas Processing Plant. “This is a critical time for UK gas demand because we are heading into winter,” said David Bucknall, CEO of INEOS Energy.

    INEOS’ investment is also crucial to the energy transition because electric-driven compressors are better for the environment.

    “The original design had a gas-driven compressor, but we switched to an electric powerdriven compressor after doing a carbon impact study,” said David.

    The compressor, which is now operating round-the-clock, has already led to an increase in production.

    “It acts as a pump to reduce the pipeline pressure and draw more gas out of the Breagh field and we are seeing production rates in excess of twice the previous daily production,” he said.

    Gas from the Breagh field is exported via a 110km pipeline to the Teesside plant in Seal Sands, where it is processed and delivered into the National Transmission System.

    “This project is testament to what can be achieved when the energy industry collaborates,” said Sayma Cox, CEO of the North Sea Midstream Partners, which owns and operates the processing plant.

    She added: “I would like to thank INEOS for providing the opportunity for us to play our part in this major boost to the UK’s domestic gas supply.” INEOS acquired the Breagh gas field when it bought all the UK North Sea gas fields owned by German firm DEA.

    2 minutes read Issue 28
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    INEOS Acetyls signs non-binding agreement with Indian company which may lead to increased production of vital chemical

    INEOS Acetyls is considering building a new world-scale plant in India to increase production of a chemical used in cooking, cleaning, medicine and food. The acetic acid plant would be built in partnership with Gujarat Narmada Valley Fertilizers & Chemicals Ltd at its site in Bharuch, Gujarat.

    The two companies, which have enjoyed a technology partnership for almost 30 years, have now signed a non-binding agreement to explore the possibility of the new plant and formed a joint venture to help make it happen by 2028.

    “We are delighted to be working with our partner GNFC on this new project,” said David Brooks, CEO of INEOS Acetyls. “India is recognised as being a key growth market for our products over the coming years.”

    The plant would be capable of producing 600,000 tonnes of acetic acid each year and, more importantly, help India to reduce its reliance on imports.

    “We currently import 85% of the acetic acid we need,” said Pankaj Joshi, managing director of GNFC, which is the only current producer of acetic acid in India.

    Increasing production of acetic acid will help India in its desire to see more products stamped with ‘Made in India’. David said INEOS’ investment would increase that much-needed locally-produced acetic acid.

    INEOS Acetyls is currently the leading producer of acetic acid globally. It has eight production sites across Europe, the US and Asia. Its UK Saltend Chemicals Park site in Hull is the largest producer of acetic acid, acetic anhydride and ethyl acetate in Europe, and INEOS Acetyls America has been a leading supplier of acetic acid and acetic anhydride to North and South America for more than 45 years. 

    2 minutes read Issue 28
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    INEOS strategic investment at Lavéra enhances competitiveness and sustainability

    For years employees have worked for joint ventures between INEOS and TotalEnergies at France’s Lavéra petrochemical complex. In the case of Laure Huyghues des Etages, that had amounted to 22 years. But she is now working solely for INEOS O&P South after INEOS acquired the joint venture share from TotalEnergies earlier this year.

    CEO Xavi Cros said it had made sense to buy the French energy company’s 50% share of the steam cracker, polypropylene and aromatics businesses and naphtha storage despite the downturn in demand for chemicals in Europe.

    “We believe this is in the best interests of our customers, our employees and INEOS because it allows us to make the improvements that are needed,” he said.

    For the staff, though, it was an unsettling time. “I was worried,” said Laure. “I was well and truly in my comfort zone.” Since the joint venture ended, though, she couldn’t be happier.

    “Technically the job remains the same,” she said.

    “But what is different is how INEOS approaches a problem. There is real cohesion and a desire to come up with solutions.”

    She also found INEOS’ transparency refreshing when it came to decision-making.

    “It has given me a broader view of the whole business, which has made me feel very involved and a part of something much bigger,” she said.

    The two companies had entered into a joint venture when INEOS acquired the Lavéra site in 2005 from BP.

    INEOS O&P South now, though, has sole responsibility for running the naphtha steam cracker the aromatics business, a polypropylene business and a number of other infrastructure assets at Lavéra including part of TotalEnergies’ ethylene pipeline network in France. It is a great opportunity... and an opportunity to improve its competitiveness and safeguard its future by ensuring it is environmentally fit for the 21st century.

    • INEOS businesses operating at INEOS O&P South:
    • INEOS Olefins and Polymers Europe
    • INEOS Oxide
    • INEOS Oligomers
    • INEOS Polyolefin Catalyst

    2 minutes read Issue 28
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    INEOS Inovyn’s solar-powered PVC production marks major investment in sustainable industry transition

    ENERGY from the sun is now being used to help manufacture some of the PVC at INEOS’ production site in Jemeppe in Belgium. The power comes from a solar farm – one of Belgium’s largest – built by PerPetum Energy & Green4Power for INEOS Inovyn’s use. 

    “This project is much more than an investment in sustainable infrastructure,” said Cécile Neven, Walloon Minister for Energy and the AirClimate Plan. “It embodies the determination of INEOS Inovyn, a key player in the chemical industry, to do everything possible to achieve our climate objectives.”

    The 90,000 solar panels in Wallonia cover an area the size of 56 football pitches and can produce 60MW of renewable electricity. INEOS Inovyn’s new low-carbon NEOVYNTM PVC and ultra low carbon chlor-alkali ranges will be produced using solar energy to create PVC products with a 37% lower CO2  footprint than the EU industry average – rising to 70% for caustic soda.

    CEO Geir Tuft said it would not only allow INEOS Inovyn to cut its own annual CO2 emissions by 14,000 tonnes, but it would enable its customers to meet their greenhouse gas reduction targets because they could offer a low-carbon solution in their markets.

    The official opening of the solar farm was attended by more than 100 people, including Sophie Wilmès, Vice-President of the European Parliament.

    “Support schemes that stimulate investments in clean, abundant and competitive energy are critical to a sustainable future for European industry,” said Geir.  European plastics currently face a competitiveness gap with the US and China, driven by higher energy costs, less competitive raw materials and a challenging regulatory landscape.

    “Measures are needed to safeguard the competitiveness of our industry and avoid Europe becoming dependent on imports from abroad,” said Geir.

    He added: “Our new solar farm demonstrates the role partnerships play between the private sector and support from public authorities, to support Europe’s vital net zero transition.”

    The new solar farm is fitted with the latest generation panels that are more efficient and an underground power line connects it to Jemeppe’s plant, which means it does not use the public grid system to transmit power.

    “With these steps INEOS Inovyn continues to provide strong industry leadership,” said Philippe Taranti, INEOS Inovyn Director at the Jemeppe site.

    2 minutes read Issue 28
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    Green light for Greensand

    A NEW industry – borne out of the need to lessen the effects of climate change – has been launched by INEOS and its visionary partners. Together INEOS, the day to day operator, with Harbour Energy and Nordsøfonden, has made a Final Investment Decision (FID) into the first commercial phase ‘Greensand Future’. This decision paves the way for expected investments of more than $150 million across the Greensand Carbon Capture and Storage value chain.

    “This is a breakthrough for carbon capture and storage,” said INEOS Chairman Sir Jim Ratcliffe. “Carbon storage is a far better way to decarbonise Europe than deindustrialise.

    That just moves the problem elsewhere, doesn’t solve it, and destroys jobs. Our Investment in Greensand helps secure a sustainable future for both the planet and the economy.”

    By late 2025, shipments of CO2 could begin arriving at INEOS’ Nini platform where it will be injected into a depleted oil field 1,800 metres below the seabed. Initially 400,000 tonnes of CO2 a year – mainly from biomethane producers – will be permanently stored underground, but there is the potential to expand over time to store up to eight million tonnes a year by 2030.

    “We already have customers lined up,” said Mads Gade, Head of INEOS Denmark and Commercial Director at INEOS Energy, the operator and lead partner behind Greensand. The CO2 in the first phase of Greensand Future will be captured and liquefied at Danish biomethane production plants, transported to the port of Esbjerg, and then shipped by Royal Wagenborg to INEOS’ platform in the Danish North Sea.

    “This is gas that would otherwise be released into the atmosphere,” said Mads. The European Commission believes the EU will need to establish a carbon storage capacity of 250 million tonnes of CO2 a year by 2040 to achieve the objectives of the Paris Agreement.

    “With Greensand Future, and the establishment of the full value chain, we are sending an important message to the Danish and European emitters currently considering large-scale capture projects, that it can be done,” said David Bucknall, CEO of INEOS Energy. Proof that CO2 could be safely captured, transported and stored off-shore, was demonstrated last year in a world-first, led by INEOS.

    “Denmark moved to the forefront of CCS in the world when we stored that first CO2 in the North Sea,” said Mads.

    Twenty three partners made up the consortium that worked on the INEOS-led Project Greensand and included everything from Danish and international companies to research institutes, universities and start-ups. All have also gained invaluable experience in how carbon capture and storage works.

    “Greensand Future builds on the learnings from the pilot Project Greensand,” said David. “And it will pave a viable way for carbon capture and storage to play a crucial role in reaching net zero in Denmark, Europe and beyond.”

    Greensand to share in €4.8 billion windfall

    THE EU is to invest an unprecedented €4.8 billion in innovative, net zero projects. And Project Greensand’s carbon capture and storage project is among them. The ground-breaking, INEOSled Danish project learned its bid for EU Innovation Fund funding had been successful in October.

    “This is great news and shows that the EU recognises the innovative and first-of-a-kind element of our project,” said Mads Gade, Head of INEOS Denmark and Commercial Director at INEOS Energy, the leading partner behind Project Greensand.

    Of the 300+ projects submitted, the EU agreed to fund a record 85 from 18 countries. Together, they are expected to reduce CO2 emissions by about 476 million tonnes in their first 10 years of operation.

    Project Greensand is due to sign its grant agreement with the European Climate, Infrastructure and Environment Executive Agency within months.

    Kings witness historic moment

    SHIPS are to be specially built to transport large amounts of unwanted CO2 to INEOS’ Nini platform in the Danish North Sea. The vessels, which will be built by Dutch family-owned Royal Wagenborg, are seen as crucial to helping establish CCS on an industrial scale.

    “The lack of dedicated CO2 carriers has been a bottleneck for advancing CCS projects within Europe,” said David Bucknall, CEO INEOS Energy. “This collaboration between INEOS and Royal Wagenborg serves as a breakthrough moment for the EU’s climate goals.”

    The landmark deal between the two companies was witnessed by the King of Denmark and King Willem-Alexander of the Netherlands.

    “It highlights the commitment of INEOS, Royal Wagenborg, and the governments of the Netherlands and Denmark to achieving a sustainable and low-carbon future,” said David.

    3 minutes read Issue 28
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    Clash of the titans

    THE day of reckoning is looming for INEOS Britannia. By late October, the Challenger of Record for the 37th America’s Cup will know whether it has won the most coveted sailing trophy in the world for the first time in its 173-year history.

    Not to get ahead of ourselves, though, there is a lot to do to even get to the challenge.

    “Winning the America’s Cup is one of the toughest things you can do in sport and that’s the motivation for us as a team,” said Sir Ben Ainslie, who is hoping to lead his team to victory this summer. “We know it is going to be an incredibly tough challenge, but it is one that we are up for.”

    Last time the battleground was the inner Hauraki Gulf off Auckland in New Zealand. This time it is the Mediterranean, off the coast of Barcelona.

    “We have a very different boat to last time,” said Sir Ben.

    Sir Ben, a four-time Olympic gold medallist, was speaking after INEOS Britannia’s bold, new 75ft race boat was officially christened and set sail for the very first time. “After years of design and development, it felt amazing to be out on the water and put all of our learnings into practice,” he said.

    Britannia is the result of INEOS’ collaboration with the Mercedes-AMG Petronas Formula One Team, who helped to design and develop the 6.2-tonne race yacht in an aircraft hangar at Turweston Airfield in Brackley, Northamptonshire.

    “It’s hard to explain just how complex these boats are,” said Sir Ben. “We have got over 100,000 components that are all individually modelled and manufactured. It’s like Formula One on steroids when you look at the technical challenge.”

    The boat was initially built at Carrington Boats in Hythe, Hampshire, before undergoing structural and load testing at Turweston.

    Martin Fischer is chief designer at INEOS Britannia. “I’m a strong believer that looking at a problem from different perspectives can lead to new and potentially better solutions,” he said.

    “Working in Brackley together with the Mercedes F1 Team sparked extremely fruitful discussions between race yacht and race car designers and has led to a yacht that has surprised observers with her look and will hopefully also positively surprise on the racecourse.”

    INEOS Britannia has also sought advice from other elite teams within INEOS Sport, including the INEOS Grenadiers Cycling Team, who have been training the eight cycling sailors – cyclors – for much of the past two years in preparation for the Cup.

    Four of those ‘cyclors’ are former Olympic rowers and three of them had never been on a foiling race boat before until its official launch.

    Matt Gotrel and Freddie Carr are among the cyclors. Matt won gold with the GB men’s rowing eight at Rio in 2016; Freddie has been involved in the America’s Cup for the past 20 years when boats typically hit speeds of 10mph.

    “Today they are flying above the water at more than 60mph,” he said.

    With the competition due to start on August 22, all focus is now on testing Britannia’s capabilities before the Barcelona Preliminary Regatta, which will see all six AC75s racing for the first time. The five challenger teams will then battle it out for The Louis Vuitton Cup and the right to take on defenders Emirates Team New Zealand.

    “The challenge ahead is immense and one that I know the team will face with grit and determination,” said INEOS Chairman Sir Jim Ratcliffe.

    The America’s Cup dates back to 1851 when Britain challenged America to a 51-mile race around the Isle of Wight. Britain lost that race and, despite numerous attempts, has never won
    it since.

    For the British team, which now numbers more than 200, it is that chance to make history that keeps their spirits alive.

    “This is the best British sailing boat that has ever been built,” said Freddie. “It makes the rockets that land on the Moon look basic. It is a work of art.”

    3 minutes read Issue 27
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    Rise of the cyclor

    INEOS Britannia’s sailing crew have been preparing for this summer’s battle on the water – on land. They have been training with the INEOS Grenadiers, one of the most successful cycling teams in the world. For it is legs, not arms, that will power the flying machines in this year’s race to be crowned winners of the 37th America’s Cup.

    “Providing the hydraulic power to sail a boat travelling at high speed is quite a task,” said skipper Sir Ben Ainslie.

    In all, eight cycling sailors – known as cyclors – have been chosen to help power the boat. But only four will be on board for each race. Among the British team are four former world-class rowers – Matt Gotrel (Olympic champion Rio 2016), Matt Rossiter, Ryan Todhunter and Harry Leask (Olympic silver medallist Tokyo 2020).

    The cyclors’ job will be to provide the hydraulic power to trim the sails by pedalling static bikes fixed inside the 75ft carbon-fibre hull.

    Their goal? To churn out watts faster than the other teams. And that means – for Britannia to hit top speeds – they must maintain up to 500 watts on the bikes for spells of 20 minutes and nail sprints at up to 1,800 watts.

    In the 36th America’s Cup, onboard ‘grinders’ played that pivotal role. The more power they generated – using their arms to turn hand cranks – the more accurately the mainsail and headsail could be trimmed.

    “We’d got to a pretty high standard with our arms and trained pretty hard for that for the best part of six, seven years for the last two Cups,” said Matt. “So it came as a bit of a shock to the system having to teach our bodies to pump oxygen to the legs instead.”

    But six-hour bike rides in the open countryside with the INEOS Grenadiers’ top cyclists have done wonders for their fitness. They are ready. “This time you won’t see a lot of heads bobbing around in the boat,” said Matt. “But you will see backs tucked away out of the wind.”

    Prologo has been tasked with ensuring the cyclors are able to stay in the saddle regardless of how choppy it gets on the water. Each saddle has been designed to reduce muscle fatigue, increase grip and absorb vibration. The handle bars have been fitted with Prologo’s Onetouch 3D tape, which will also help riders absorb vibrations.

    “After having raced and won on the road with seven World Tour teams, and off-road with over 10 supported Mountain Bike teams, it was exciting to take on a new ambitious challenging terrain: the sea,” said Salvatore Truglio, Brand Manager of Prologo.

    During each race, the cyclors will have to contend with the lumps and bumps of the sea off the Spanish coast.

    “It can get pretty bumpy,” said Matt. “It’s not like riding a bike on a road. It’s like riding a road bike on a mountain bike trail with lots of rocks. It’s like cycling and being in a rugby match at the same time.”

    Among those keen to test the onboard equipment was INEOS Chairman Sir Jim Ratcliffe, who is backing Britain’s bid to make history. He boarded Britannia, shortly after the AC75 was christened, to join three other cyclors, impressing Sir Ben with his grit, rigour and humour.

    “That INEOS mantra underpins all of our work at INEOS Britannia, and Sir Jim definitely showcased those three things by jumping on board and helping us power Britannia,” he said. 

     

    4 minutes read Issue 27
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    Wind of change for Britannia’s unwanted carbon fibre sails

    LIGHTER winds blew Britain’s hopes of challenging defenders New Zealand for the 36th America’s Cup completely out of the water. In the head-to-head showdown with Italy, Britannia was simply no match for the Luna Rossa which went on to win the Prada Cup 7-1 – and a place in the America’s Cup final. And it was all down to the Italians’ superior manoeuvrability in the lighter winds.

    “They had the better overall package across the range of wind conditions and deserved to take the final,” Sir Ben Ainslie said at the time.

    But just as the British team have found a new lease of life – and are now ready for this summer’s challenge – Britannia’s carbon fibre sails have also been put to good use and are now being sold as laptop cases, holdalls, pouches and wash bags thanks to Ocean Republic.

    “It hasn’t been an easy fabric to work with because it is extremely tough stuff and doesn’t particularly like being anything other than the most efficient sail known to man,” said Ocean Republic founder Rory McKellar.

    But that didn’t deter Rory and his team from agreeing to partner INEOS Britannia to turn the sails into a range of limited edition, robust, cool products.

    “Working with the team has been a real honour,” said Rory. “Their professionalism and friendliness made this a truly wonderful experience.”

    He and his team at Ocean Republic had salvaged the British team’s unwanted sails after New Zealand won the oldest international sporting trophy in the world last year – for the fourth time. “They only had one set of sails and we got them,” he said.

    Each product is handmade by sailmakers on the south coast of England and 10% of the profits go to Sir Ben Ainslie’s youth education charity, the 1851 Trust.

    Helping them has been Pablo, who has been making sails for 15 years. “He has come up with some great designs even though it is a notoriously difficult material,” said Rory. “The sail may have come to the end of its life but we have been able to give it another one by turning it into something else.”

    2 minutes read Issue 27
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    Women’s America’s Cup Barcelona

    BARCELONA will also host the first-ever women’s America’s Cup. And the British sailors seeking to make history include Hannah Mills and Saskia Clark who won gold in the 470 class at the Rio Olympics in 2016. “There’s really nothing like competing for your country on a global stage, and to help support the youth to deliver their potential is an incredibly cool challenge,” said Hannah. “We’re 100% in it to win it.”

    Hannah is team principal across the Athena Pathway women’s and youth entries for GB and will skipper the British women’s America’s Cup squad.

    The Athena Pathway programme was founded in August 2022 by Hannah and INEOS Britannia’s skipper Sir Ben Ainslie
    to fast-track promising sailors and increase diversity in the sport. “We couldn’t be prouder of what Athena Pathway stands for,” said Ben. “We have selected a high-calibre squad and to have someone like Hannah leading them on and off the water is incredibly inspiring. We will certainly be setting our expectations high.”

    More than 300 sailors had applied to be part of the squad which will race the AC40 – a new, 40ft one-design foiling monohull concept based on the AC75 designed by Emirates Team New Zealand.

    All six nations competing in the 37th America’s Cup will be fielding both youth and women’s teams and face further competition from Spain, the Netherlands, Canada, Germany, Sweden and Australia.

    Each AC-40 will have a crew of four – two helms and two trimmers – with all power coming from batteries.

    “The inclusion of a women’s event for the first time in the competition’s 173-year history signifies huge progress towards gender equity in high-performance sailing,” said Ben.

    While the British women – Hannah, Saskia, Freya Black and Ellie Aldridge – will be seeking to make history, Britain’s youth team will be aiming to defend their title, having won the Youth America’s Cup during the 35th America’s Cup series in Bermuda in 2017.

    3 minutes read Issue 27
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    Sustainability

    It is ingrained in all the business thinking, it is at the forefront of decisions, and it is what powers innovation, even in times of uncertainty.
    Marc de Jong is a senior partner at McKinsey & Company, which helps organisations to innovate more sustainably.

    “During periods of uncertainty, organisations that invest in innovation—contrary, perhaps, to the impulse to batten down the hatches—are more likely to emerge ahead of competitors,” he said.

    Recent global events have created a challenging economic environment for energy-intensive manufacturers like INEOS.

    The energy crisis, the war in Ukraine and pressures on industry have disrupted supply chains, suppressed demand and led to spiralling raw material, labour and energy costs.

    But against this backdrop, INEOS has not wavered in its desire to be at the forefront of the transition to a greener economy because it knows that true sustainability considers society, the environment and the economy as one.

    It knows what needs to be done and is in it for the longhaul.

    The company recently published its 2023 global sustainability report which highlighted a 22% reduction in CO2 emissions compared to 2019, mostly due to a 10% reduction in energy consumption.

    The report also highlighted INEOS’ leading role in Project Greensand, which involves CO2 being safely captured and permanently stored under the seabed – a move seen as critically important to help decarbonise the world’s energy and tackle climate change.

    INEOS’ advances in helping to create a circular and bio-based economy are also detailed in the 158-page,

    2023 report which was prepared in line with Global Reporting Initiative (GRI) standards.

    “The chemical industry is essential for modern existence yet faces unprecedented challenges,” said Francesco Lasagna, sustainability officer at INEOS Inovyn.

    Despite that, he said he was excited about helping to shape the sustainability strategy for a company that had an opportunity to play an important role in making the chemical industry greener.

    Improving the sustainability of its business and operations is central to the way INEOS works because it matters to staff, customers, the communities in which INEOS operates, and its investors.

    “At INEOS, we don’t just collect numbers,” said Erwin Alcasid, sustainability and environmental data specialist at INEOS Styrolution. “We make them speak to drive performance.”

    2 minutes read Issue 27
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    Innovation leads the way

    INEOS teams up to test world-first

    NEOS Nitriles has agreed to host the next stage of a company’s development of its ground-breaking acrylonitrile technology. If it works, INEOS’ plant in Texas, US, will be able to start producing sustainable acrylonitrile using plant-based raw materials from next year – and significantly cut CO2 emissions in the process. For INEOS, it is a chance to be involved in another world first.

    For Trillium Renewable Chemicals, a company which was founded in a garage about 10 years ago, it is a chance to show off its patented, proven technology to a global market that is desperately seeking greener, bio-based raw materials.

    “Demonstrating Trillium’s technology at a larger scale will allow our customers to verify product quality at scale,” said Trillium chairman Erik Scher. “That will be a key milestone in our path to becoming a leading producer of renewable chemicals.”

    The demonstration plant, for the production of acrylonitrile from plant-based glycerol, will be built at INEOS Nitriles’ Green Lake facility, which is already home to one of the largest and most advanced acrylonitrile producing units in the world.

    “Our support of this project, which is part of our wider sustainability strategy, emphasises our commitment, as the world’s largest producer of acrylonitrile, to reducing the carbon footprint of the industry,” said Hans Casier, CEO of INEOS Nitriles.

    Acrylonitrile and its co-products are valuable raw materials that are used in a range of interesting products from structural parts in planes and cars to acrylic fibre sweaters and toys.

    Trillium knows its technology works, and valuable lessons have been learned from its pilot plant, which will continue running to provide customers with sample products.

    The first onshore carbon capture and storage

    JUST months after proving to the world that it was possible to capture, transport cross border, inject and safely store CO2 1.8kms under the seabed, INEOS has now been given the green light to look at safely storing it deep underground on land.

    INEOS, which leads the ground-breaking Project Greensand, will now work closely with its two partners to determine whether the Gassum formation in Jutland, Denmark, is also a suitable location for CO2 storage.

    “The potential for safe storage in Gassum is high,” said Mads Weng Gade, Head of INEOS Energy Denmark, “but we now need to conduct the necessary studies utilizing the important learnings from Greensand to demonstrate safe and efficient storage in Gassum as well.”

    Denmark wants to lead the way in establishing a new, commercially-viable carbon capture and storage industry in Europe.
    Its decision to award its very first onshore carbon capture and storage licence to INEOS Energy Denmark, Wintershall Dea and Nordsøfonden is seen a step towards that.

    “Establishing offshore and onshore sites for permanent storage of CO2 will be crucial for the EU to meet its climate goals and to support a robust market for carbon capture and storage,” said David Bucknall, CEO INEOS Energy.

    The Danish geology has significant potential for CO2 storage. According to analysis by the Geological Survey of Denmark and Greenland (GEUS), there is capacity to store between 12 and 22 billion tonnes of CO2 in the Danish sub-surface, which is equivalent to 700 times Denmark’s annual CO2 emissions.

    If all goes well, the three partners hope to start pumping CO2 into two separate geological formations in Jutland in 2029. 

    INEOS opens doors to innovation

    INEOS has become the first plastic producer in the world to invest in technology that could prevent one million tonnes of waste ending up in landfill sites each year. Manufacturers, who are keen

    to develop recyclable plastic packaging, are now being invited by INEOS O&P to test the technology at its R&D centre in Brussels.
    “Flexible packaging films play a valuable role in society, but we recognise and share people’s concerns about plastic waste,” said CEO Rob Ingram. “That’s why fully recyclable films are a big development.”

    INEOS’ customers will be able to test the new multi-layer, blown film line on INEOS’ premises without affecting production at their own manufacturing sites.

    And they are lining up to do so.

    Plastic packaging keeps food fresher, for longer. Without it, many of the products on supermarket shelves would not survive the journey to the store. And keeping food fresh reduces food waste, which is another major contributor to climate change.

    But there’s also a problem with plastic packaging, when it comes to recycling, because it is made from so many different polymers, and different plastics melt at different temperatures.

    “Making simpler films with the same performance means the new packaging can be more easily recycled,” said Rob.

    The state-of-the-art technology, supplied by Hosokawa Alpine, heats and stretches polymer films to improve their quality.

    INEOS will be using the new pilot line and its own polymer expertise to develop new, packaging film products from polyethylene and polypropylene. 

    INEOS answers call for greener ammonia

    AS the world’s population grows, so too does the demand for ammonia, which is widely used as a fertiliser to help grow healthy crops, and provides an important raw material for acrylic and carbon fibre. And it’s a greener ammonia the world wants now more than anything. To meet that growing demand, INEOS Nitriles and Hanwha Corporation are considering building an ammonia plant in America with low CO2 emissions. The plant would be capable of producing more than one million tonnes of ammonia a year and help both companies to cement their position in the global ammonia market.

    The hydrogen used to make the ammonia would be produced from natural gas, with the unwanted CO2 emissions captured and permanently stored.

    As the largest producer of acrylonitrile globally, INEOS will use this low-carbon ammonia to make acrylonitrile, to help cut emissions in markets that rely on acrylonitrile for everything from water purification to green energy and from pharmaceuticals to toys and construction.

    Although a final investment decision about the plant won’t be made until 2026, both companies are excited at the potential environmental benefits.

    “This project is a potentially important contributor to INEOS Nitriles’ carbon emission reduction targets in 2030 and its net zero ambitions by 2050,” said Hans Casier, CEO of INEOS Nitriles.

    Kiwon Yang, CEO of South Korea’s Hanwha Corporation, believes it could prove to be a pivotal turning point in his company’s vision for a sustainable future.

    About 80% of the ammonia produced by industry is used in agriculture as a fertiliser with China deemed to be the world’s leading producer. The location of the proposed US plant has yet to be decided.

    2 minutes read Issue 27
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    Hydrogen hits the road

    TRUCKS, fuelled entirely by liquid hydrogen, will soon begin transporting goods in Germany as part of a year-long trial. Vervaeke, which will be transporting up to 25 tonnes of PVC for INEOS Inovyn, is among the five companies that have agreed to test the prototype Mercedes-Benz GenH2 Truck – a truck that covered 1,047km on a single tank of liquid hydrogen in 2023.

    If the latest trials are successful, it could encourage the haulage industry to start switching from diesel vehicles to zero emission hydrogen-powered HGVs.

    “The market is still showing hesitancy so we want to show that it can be done, because hydrogen is a game-changing source of energy which will help us to meet Europe’s net zero targets and reduce CO2” said Wouter Bleukx, INEOS Hydrogen Business Director.

    Last year INEOS Inovyn became the first company in Europe to use a hydrogen truck to transport PVC from its production plant in Tavaux to Benvic’s PVC compound plant in Dijon.

    Geir Tuft, CEO INEOS Inovyn, described that as a historic moment for INEOS.

    “Using hydrogen trucks for product deliveries is a key part of our sustainability roadmap which aims to drastically reduce our CO2 footprint over the next few years,” he said.

    INEOS Inovyn is one of the largest operators of industrial electrolysis, the technology necessary to produce renewable hydrogen, and produces 60,000 tonnes of low-carbon hydrogen annually across multiple sites.

    As both a user and producer of hydrogen, it is in a unique position to lead the transition to a hydrogen-powered economy. INEOS Inovyn has worked with Vervaeke for many years.

    “Our two companies share the same vision,” said Frédéric Derumeaux, CEO of Vervaeke. “So we are delighted to have their confidence to collaborate on a ground-breaking project that promotes sustainability.”

    During the 12-month trial with Daimler Truck AG, the HGVs will be refuelled at designated public liquid hydrogen filling stations in Wörth am Rhein and in the Duisburg area.

    But it is widely believed that hydrogen will only become the fuel of choice for buses and HGVs if more countries invest in the infrastructure.

    Currently Japan leads the way with about 170 hydrogen refuelling stations compared to 96 in Germany, 21 in France and nine in the UK.

    2 minutes read Issue 27
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    Grenadier - Visions of the future

    INEOS Automotive has hit the road with an eclectic collection of potential future Grenadiers, including its first-ever rally car with full racing specification, including modified suspension, brakes, bucket seats and a full roll cage. The five prototypes were unveiled at the 2024 Goodwood Festival of Speed – motorsport’s ultimate summer garden party in the UK – and were proof, if proof were needed, of the Grenadier’s adaptability.

    “The Grenadier’s body-on-frame chassis has already proven itself to be incredibly versatile, so we want to keep innovating,” said Lynn Calder, CEO of INEOS Automotive.

    “Our new brand advertising campaign states that the Grenadier is Built For More, so over the next few years we will be showing just what that means.”

    In addition to the rally car, which has been designed to compete in the 2025 World Rally-Raid Championship, there was also a Grenadier Quartermaster and a Station Wagon with raised chassis and larger, all-terrain tyres, a shorter version of its Quartermaster pick-up, plus an eight-seater converted Quartermaster pick-up perfect for safari adventures.

    Spectators at the five-day Goodwood Festival of Speed near Chichester in West Sussex got a taste of all five.

    But that wasn’t all.

    INEOS also chose the festival, which bills itself as the greatest motorshow on earth, to highlight its partnership with the Royal National Lifeboat Institution, and also officially launch a limited edition Grenadier, which will be known as the Detour.

    Just 200 Detours will be built.

    Enthusiasts will be able to spot the Detour by its unique 18-inch forged alloy wheels and its specially-designed front grille with headlight surrounds.

    The 4x4 will also come in four exclusive colours.

    “This will be a level of individuality not found in the 4x4 market,” said George Ratcliffe, commericial director at INEOS Automotive.

    The Detour is the first limited edition vehicle produced by INEOS Automotive’s new Arcane Works division, which will create hand-finished, personalised Grenadiers.

    Meanwhile, as part of its five-year partnership with the RNLI, INEOS has agreed to deploy 20 Grenadier Station Wagons at various locations around the UK and Ireland.

    The Grenadiers’ main role will be to help crews launch their D-class inflatable lifeboat, which has been the charity’s workhorse for the past 60 years.

    “This is a powerful endorsement of the Grenadier that it’s able to meet the rigorous standards required for such vital frontline work,” said Lynn.

    Since it was founded in 1824, the RNLI has saved more than 140,000 lives.

    “Support such as this from INEOS Automotive enables us to continue to save lives at sea, and provides our operational volunteers with the best equipment available,” said Jamie Chestnutt, RNLI director for engineering and supply.

    “It’s only by working in true partnership with industry that can we sustain our lifesaving service in our 200th year.”

    4 minutes read Issue 27
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    Foundation of modern medicine is under threat

    “It is a global threat to all of us and requires a global response from all of us,” said Mr David Sweetnam, Chair of the IOI Advisory Board.

    “Routine surgeries, childbirth, common infections and sexually-transmitted diseases, such as gonorrhoea, could one day become deadly.” Due to a lack of investment in research, the world has not discovered a new class of antibiotics for almost 40 years. INEOS’ £100 million gift to Oxford University has allowed researchers to undertake the science to find new antibiotics, while also understanding how resistance to these lifesaving medicines is spreading around the world.

    The institute’s biggest priority is to protect last-resort antibiotics, such as meropenem, that are used in hospitals to treat severe infections such as sepsis.

    “A world without effective antibiotics is a scary one and it will affect all of us,” said Dr Alistair Farley, a scientific lead at the institute. “We need to develop new drugs to tackle AMR, but we also need more effective stewardship of new and existing drugs.”

    IOI’s work is guided by its global surveillance programmes in countries most affected by the threat of AMR. The institute is now working in more than 28 sites across 13 countries to support and strengthen surveillance systems and laboratories, especially in poorer countries.

    “The quicker we can understand the global picture, the quicker we can act,” said Dr Kirsty Sands, a scientific lead at the institute.
    “There is no way to solve a problem if you don’t have actionable data,” said Professor Tim Walsh, IOI Director of Biology. “It is crucial to understand how antibiotics are being used around the world to understand the full scale.”

    Nationally, that very detailed genomic data will help influence health policies and responses to health emergencies. Globally, it can provide early warnings of emerging threats and help identify long-term trends.

    This global data informs the work of scientists at the institute to design new antibiotics and trial new combinations of antibiotics to try to outsmart those superbugs.

    “Research in the 20th century discovered easy-to-use antibiotics of enormous value, but that doesn’t mean that there are not more to be found,” said Professor Chris Schofield, IOI Director of Chemistry.

    Scientists have found meropenem’s effectiveness can be restored by combining it with another antibiotic and an inhibitor to stop the bacteria breaking down the antibiotic before it has time to work.

    Professor Schofield has also been leading a team undertaking ground-breaking synthetic organic chemistry, creating novel compounds they hope to progress through to early-stage clinical trials. Early in vivo work is very encouraging.

    “This sort of early pre-clinical work is vital if we are to discover a successor to the dwindling stable of effective antibiotics,” said Mr Sweetnam.

    Finding new antibiotics is a long, arduous and expensive journey. It can cost up to $1 billion and take up to 10 years to complete all the safety trials before coming to the market.

    With no guaranteed revenue stream at the end of the process, it is perhaps no surprise that almost all the big pharmaceutical companies have ditched this vital area of research in favour of other more lucrative areas, such as lifestyle drugs to tackle, for example, obesity.

    And therein lies the problem. There is simply no financial incentive to work on antibiotics.

    “You may have a very effective antibiotic, but you don’t actually want it to be used extensively because then the resistance will inevitably arise,” said Dr Farley.

    He said AMR, which killed 1.27 million people in 2019, which is more than HIV or malaria, was a complex issue, akin to the challenge of climate change.

    “It’s only by working with industry and government and policy makers that we can tackle this together,” he said.

    INEOS is working alongside the IOI team to bring its business acumen and experience to this huge challenge.

    “Receiving such an unprecedentedly large gift was wonderful, but, in my opinion, the help and guidance from INEOS in this advisory role is what makes this all the more special,” said Mr Sweetnam.

    In September, leaders from government, industry, financial institutions and scientific organisations will meet in New York to discuss the looming threat AMR poses to global health and food security.

    “This presents a timely opportunity for global leaders to unite to overcome one of the biggest health challenges facing our society today,” said Mr Sweetnam.

    0 minutes read Issue 27
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    Six Rivers

    New runway is built to help scouts patrol and protect one of the most important wetlands on Earth.

    FROM the air, it may get lost in the vast landscape. But from the ground, building a runway in one of the remotest parts of Africa is not only a significant achievement, but also hugely important. For it will mean light aircraft can regularly patrol the Usangu wetlands – the source of the Great Ruaha River and a haven for many species of wildlife.

    “This will be an absolute game-changer for the protection of the wetland,” said Brandon Kemp, CEO of Six Rivers Africa. “Usangu is a sensitive area and needs as much help as it can get.”

    The Ihefu swamp lies at the heart of the wetlands in Usangu, a vast, unspoilt wilderness in southern Tanzania. It is home to elephants, buffalo, lions, leopards, wild dogs and tiger fish – and the only way into the park used to be on foot.

    In 2019, a road was carved through the dense miombo woodland; now there’s the airstrip at Ikoga.

    At the opening of the new 1.4km runway, Glenn Turner, Chairman of Six Rivers Africa, thanked the Tanzanian government and the people of Tanzania for trusting the INEOS-backed, not-for-profit organisation to invest in projects that will help to protect some of Africa’s great wild places.

    “Together we can make them better,” he said.

    It took six months to build the new runway and adjoining protection base where locals will be trained to carry out research and anti-poaching patrols. The 16 ‘scouts’ will also live there.

    Although it is currently being used by the Tanzanian National Park Authority and the Six Rivers team, it is hoped that one day the runway will help to make it easier for tourists wanting to reach this remote corner of Africa.

    The runway was built with funds provided by INEOS Chairman Sir Jim Ratcliffe, who founded Six Rivers Africa amid concerns about the decimation of the African savanna.

    He has spent a lot of time in Africa and believes developing sustainable tourism in southern Tanzania will not only increase awareness of the region’s beauty and importance, but also create lasting jobs for local people.

    “When a local community benefits from high-quality employment from tourism, poaching flips to protection to preserve those jobs,” he said.

    For the past nine years Six Rivers Africa has been working closely with Asilia Africa, one of the country’s leading safari companies.

    The latest camp to open was in Usangu, where tourists have helped to carry out research and track the wildlife.

    The camp’s other purpose was to help discourage poaching. And it seems to be working.

    “Since it opened, instances of illegal poaching have fallen dramatically,” said Glenn. “There are now herds of hundreds of buffalo and sable, as well as scores of elephant with calves, returning to these iconic wetlands.”
    But that’s not all.

    Prides of lions have also moved into the wetlands, as have leopards and hyenas.

    Chris Fallows, a professional wildlife photographer, spent some time at the Usangu Expedition Camp late last year and was amazed at what had been achieved by the team.

    “Everyone involved in the project has been astounded that change has taken place so quickly, and the overriding feeling is that the recovery potential is immense,” he said. 

    6 minutes read Issue 27
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    In their element

    A FORMER science teacher is on a mission to get every schoolkid in America running The Daily Mile. Bill Russell, who is programme manager of the INEOS-backed Daily Mile USA, believes it is the best way to improve fitness and creates healthier and happier children. “If teachers and kids feel better physically, they are going to perform better mentally,” he said. “We are going to have better teachers and better learners.”

    But he says there is an even more important reason why everyone should take a 15-minute break from the classroom.

    “At its core, it is about people,” he said. “It’s about creating magical moments that allow people to get to know each other better and build trust.”

    The Daily Mile USA was launched in 2019.

    Since then the team has been building bridges – and trust – with schools through attending conferences or online teacher forums.

    And more than 4,000 schools in the USA have adopted the simple initiative through that approach.

    But for the very first time, an INEOS business in the USA has done its own legwork and established The Daily Mile at schools on its own doorstep.

    “They have done such a wonderful job in not only improving the relationship between the kids and teachers, but also between INEOS and the local community,” said Kathryn Shuler, Director of the INEOS ICAN Foundation.

    She said chemical companies were generally viewed with suspicion in America, but INEOS Nitriles had not only managed to change the public’s perception about how it operates, but it had also shown its own employees that it genuinely cared about the community.

    “It has really helped to get our name in the community in a positive way, which also helps with recruitment and retention when people know who we are and what we’re doing,” said HR manager Sara Bassett.

    Every school in the Shawnee district in Lima, Ohio, now takes part in The Daily Mile – and every year the four schools use it as a way to bring the community together, with an end-of-year Connection Celebration for teachers, students, members of the school board, parents, INEOS volunteers, the local police, fire department, and National Guard.

    This year INEOS Nitriles donated funds to help build a new Daily Mile track, which will be open to all outside school hours.

    Elmwood Primary was the first of the four schools in the Shawnee district to introduce The Daily Mile.

    Teacher Heather Davis-Kohli’s dad, who recently retired from INEOS Nitriles, told her about it after he learned of her early morning running club for her ‘hyperactive’ students.

    “Some of my students just couldn’t sit very long, which was a sign they weren’t getting enough physical activity, so I thought I would try something new,” she said. “And those early morning runs worked. When they came back in after a run, they were different kids.”

    But she was limited in the number of children she could accept, and she thought the teachers would benefit from movement, too.
    Having heard about The Daily Mile, she spoke to both Bill and Sara, who helped to get her headteacher on board.

    “Once we had that connection with Heather, it snowballed from her little running club into the entire school doing The Daily Mile in just a few months,” said Sara.

    Other INEOS sites in the US are now keen to replicate what INEOS Nitriles has achieved.

    Sara’s advice? Find someone in school with a passion for health, well-being, fitness or running.

    “If you do that, their passion will drive the programme,” she said.

    The Daily Mile is helping teachers too

    HARD-WORKED teachers in America are also rediscovering their love of life in the classroom thanks to The Daily Mile. Many have reported feeling energised and better equipped to teach since signing up to the simple initiative that was founded in the UK in 2012 to help children get fitter. “The Daily Mile has helped me both mentally and physically,” said Rhonda Conrad-Jaufre, a teacher at St Michael Special School in New Orleans. “I feel great. It has given me a lot more energy and I have been sleeping a lot better.”

    A recent survey of teachers in America found many were considering quitting the profession due to difficulties coping with
    job-related stress.

    The Rand State of the American Teacher survey blamed student behaviour, low salaries and administrative work that needs to be done outside school.

    But The Daily Mile has given some an outlet for that stress – and the much-needed break in the school day that they need.

    “Teachers feel a lot of pressure today,” said Leigh Daily, Principal at Elmwood Primary School in Lima, Ohio. “But they know that this is the time of their day when they don’t need to talk about data or their lesson plans and they can just go out and get to know and enjoy their kids.”

    Bill Russell worked as a teacher, coach and school administrator for many years. He saw many of his colleagues succumb to stress.

    “The great teachers are leaving and that worries me because the lines to replace those great teachers are not very long,” he said.

    “Sometimes there is no line at all.

    “But when we don’t have great teachers in front of students, those students suffer.”

    Although, he still considers himself to be a teacher, he is now programme manager for The Daily Mile USA – and wants every school in America to adopt it for everyone’s benefit.

    “People in education need this right now,” he said. “That’s a little bit of a refresh, a little bit of a boost, and a little bit of energy.”

    3 minutes read Issue 27
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    China deals

    OVER the past 40 years China has changed faster than any other country in the world. This once poor and isolated nation, which is home to more than 1.3 billion people, is now the second largest economy in the world. In 1980 it produced just 2% of the world’s economic goods; today the figure stands at almost 30%. And although China’s economy is slowing down, it is still growing.

    “It is all relative,” said Tom Crotty, Director of INEOS’ communications. “It might be down to 3 or 4% growth, but we, in the West, would kill for that.”

    Many in the West, though, continue to view China with suspicion and see it as a threat due to its ambitions to become a technological and economic global superpower.

    It is a view that frustrates David Thompson, who moved to China after he was appointed CEO of INEOS Olefins & Polymers Asia.

    “Life here is so different to what is reported in the media in the West,” he said. “Even though it is a communist regime and things are controlled, they are controlled with the people’s support because they see the benefits that come with it.”

    And there are opportunities for all.

    “If you are a young engineer looking to get the best experience quickly, then there is nowhere better than INEOS in China,” said David. “Anyone joining us has the opportunity to build some of the most technologically advanced engineering plants in the world.”

    About 40% of the global chemical industry is now based in China.

    INEOS is there, so too are Dow and BASF.

    “If you want to be big players in the global market you have to invest in China or you won’t have a future,” said Tom. “Some companies do hold back and I’m sure that some will see us as naïve, but we take a different approach.”

    And that approach boils down to trust.

    “It takes time to build trust,” said Tom. “But, as in any relationship, you have to have trust or you may as well just walk away.”

    In 2014 that trust was tested when INEOS sued state-owned Chinese oil and petrochemical company SINOPEC and some of its associated businesses for allegedly violating patents.

    INEOS Chairman Sir Jim Ratcliffe said in a statement at the time: “We want to take our best technology to China but we need to know that it will be protected.”

    INEOS, which had enjoyed otherwise excellent relationships with SINOPEC and with China, won the case – and, says Tom, SINOPEC’s respect.

    Since then, the two companies have further strengthened their ties.

    In 2021, INEOS bought into joint ventures with China’s largest petrochemical company after it acquired BP’s global acetyls and aromatics business for $5 billion.

    The following year, INEOS signed three back-to-back deals, worth a combined $7 billion, with SINOPEC.

    INEOS now owns 50% of two huge petrochemical complexes – one in Shanghai; the other Tianjin – and has a vested interest in two R&D institutes.

    The latest joint ventures with SINOPEC will lead to increased production of high-density polyethylene (HDPE) and acrylonitrile butadiene styrene (ABS) to meet the needs of China’s rapidly growing domestic market.

    “We have not just entered the market,” said David. “We have entered the market in a big way. And it is a big investment for both of us.”

    In all, the two companies will jointly operate three ABS units, which will produce more than one million kilotonnes of acrylonitrile butadiene styrene every year.

    One of the ABS plants has already been built by INEOS Styrolution in Ningbo, and this now forms another of the joint ventures with SINOPEC.

    A second is now being built in Tianjin, using the latest technology, and it will be one of the most efficient plants in the world.

    The location for the third ABS plant, which will also rely on INEOS’ world-leading technology, has not yet been agreed.
    INEOS and SINOPEC will also be building a new plant in Tianjin to manufacture high-density polyethylene, with a further two in the pipeline.

    “China is a country that is really growing and growing,” said Andrea Vittone, Vice President HDPE, at INEOS SINOPEC Tianjin Petrochemicals Ltd.

    “They are building new cities and new infrastructure and they are replacing old pipes with new, made from HDPE.”
    INEOS has been operating in China – in some capacity – for years.

    In 2011 it began to forge closer ties when it agreed to sell 50% of its refining business in Grangemouth, Scotland, and Lavéra in France to PetroChina.

    “The interest in China for INEOS has really been there since the beginning,” said David.

    In 2005 when INEOS bought BP’s chemical assets for $9 billion – a deal which transformed INEOS’ business overnight – it had hoped BP would also sell its 50% stake in SECCO.

    But although INEOS acquired a sales office in Shanghai as part of that deal, BP kept hold of its 50% share.
    “We were disappointed not to get that, but BP would not sell it to us,” said Tom.

    Twelve years later BP did sell it – to SINOPEC – for $1.7 billion.

    INEOS says it will continue to seek opportunities in China.

    “The business as a whole is constantly looking at opportunities,” said David.

    5 minutes read Issue 26
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    The lure of the East

    SHANGHAI is China's biggest city. It is home to more than 26 million people, the tallest building in China, the world's fastest train, the longest metro system and the largest indoor ski resort. And it's also increasingly becoming home to INEOS employees who are relocating to China following INEOS' investment and joint venture agreements with state-owned SINOPEC. David Thompson is among them. He is now CEO of INEOS Olefins & Polymers Asia.

    He moved to Shanghai in the summer of 2023 with his wife and hopes others will follow.

    Mel Smythe, John Archer, Dirk Heilman and Ghislain Decadt are also among those to have taken up new jobs in China.

    “Living here very quickly feels very normal,” said John, supply chain general manager for Shanghai SECCO Petrochemical Company Ltd. “It’s not a difficult place to live; it’s just different.”

    Mel, who has worked for INEOS for more than 20 years, recently moved to Tianjin after being appointed business director HDPE at INEOS SINOPEC Tianjin Petrochemicals Ltd.

    She has been tasked with setting up the business. “It’s very rare in this industry to find an opportunity to be involved in the set-up of an entire organisation and business from the ground upwards, so it is very exciting,” she said. “It’s a once-in-a-career opportunity.”

    As a keen traveller, who is fascinated by different cultures, she said she couldn’t resist the opportunity to experience life in China.

    “I did have some preconceptions about what it would be like, but I have been pleasantly surprised,” she said. “Things are different, but that’s not always a negative. You just need to come with an open mind.”

    Ghislain, 67, came out of retirement to move to China after he was asked to share his considerable experience as an Operations Director with INEOS to help improve the safety, performance and reliability of the operations at SECCO.

    But David hopes young graduates or other young managers will also seize the opportunity to come to China and help develop the business.

    “If you want to come here, we are very keen to hear from you because we have a lot of opportunities,” he said.

    “Shanghai is a wonderful place to be. It is prosperous, it's vibrant and it's a very safe city because there isn’t any crime. People work hard, but they also play hard.”

    John, who had regularly travelled to China when he was working for INEOS Trading & Shipping, finally moved to Shanghai with his wife Alexandra and their dog Wilma after accepting a new role within the company.

    “The support from INEOS has been really good because it is a big change,” he said.

    He said the language could sometimes be a barrier, but interpreters were on site.

    “It is different,” he said. “How people communicate and how they manage are different and that’s something we have to adapt to, but you cannot question the work ethic of my Chinese colleagues. They are very, very dedicated.”

    He too would encourage others to seize opportunities in China.

    “Come and talk to people who have worked here,” he said. “I did and nobody described it as a negative experience. All of them said it was some of the most fun they had had being in a different place.”

    4 minutes read Issue 26
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    Europe sleepwalking into a nightmare

    URGENT action is needed to stop Europe sleepwalking into off-shoring its chemical industry, jobs and investment. INEOS Chairman Sir Jim Ratcliffe warned that unless the European Commission tackled soaring energy costs, burdensome carbon taxes and encouraged investment in new chemical plants, there would be little left of an industry that was strategically important to Europe’s security.

    “European petrochemicals has long been left behind by the USA, China and the Middle East because it struggles to compete,” he told industry leaders gathered at a European industry summit in Antwerp.

    The European chemical industry was once the biggest in the world.

    Although, over the years, it has lost ground to China, the US and the Middle East, it is still one of Europe’s most important sectors with revenues of one trillion Euros and supporting 20 million jobs.

    But Sir Jim fears that could change so easily if the European Commission fails to understand what’s at stake.

    “The chemical industry produces a lot of extremely important raw materials for all manufacturing businesses across Europe,” he said. “It provides a security of supply that has a strategic importance for Europe well beyond purely the size of the chemicals sector.”

    At the recent summit, he highlighted the problems facing the industry and spoke from first-hand experience of the difficulties of getting the green light to invest €4 billion in a superior chemical plant using the very best technology.

    Project One, as it is known, is the largest investment in the European chemical sector for a generation.

    But one year after work started, with 10,000 workers employed worldwide on the project, the permit was withdrawn due to the plant’s nitrogen levels. “The levels were the equivalent of one family barbecue in a nature reserve once a year,” he said.

    Sir Jim said high energy costs and carbon taxes were also killing the industry – and driving investment away from Europe.

    Neither make sense, he said.

    “The carbon taxes don’t apply to 95% of imports,” he said. “So we're not doing the world any favours if we're substituting relatively high quality production here in Europe, in terms of emissions, with poorer quality, less regulated production from other parts of the world.”

    INEOS currently pays about €150 million in carbon taxes. The bill, though, is expected to rise to €2 billion by 2030.

    “It is just not sustainable,” he said.

    The cost of energy, though – due to Europe’s rejection of on-shore oil and gas and nuclear power – is undoubtedly the biggest headache facing the chemical industry.

    “The cost of gas in Europe is five times more expensive than it is in America,” said Sir Jim. “America has cheap energy; we have expensive energy. The US are self-reliant today in energy. We are not.”

    It is not the first time Sir Jim has expressed concern about the future of the European chemical industry.

    In May 2014, he wrote an open letter to José Manuel Barroso, the then President of the European Union.

    “Sadly, many of my fears have subsequently been proved correct as the industry now finds itself in the current situation,” he said.

    The summit, which was held at the chemicals plant that INEOS shares with BASF in Antwerp, ended with a cry for help from industries seeking lower energy costs and less red tape to help revitalise Europe’s industrial landscape.

    All went on to sign the EU Industrial Deal which they want Ursula von der Leyen, President of the European Commission, who was at the summit, to include in Europe’s Strategic Agenda 2024 - 2029. 

    7 minutes read Issue 26
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    INEOS European investments

    INEOS has bought TotalEnergies' 50% stake in France's Lavéra petrochemical complex despite the downturn in demand for chemicals in Europe. It means INEOS has now acquired the French energy company's 50% share of Naphtachimie (720 ktpa steam cracker), Appryl (300 ktpa polypropylene business), Gexaro (270 ktpa aromatics business) and 3TC (naphtha storage).

    “All these businesses had been joint ventures between the two companies ever since INEOS acquired the Lavéra site in 2005,” said Xavi Cros, CEO of INEOS O&P South.

    The deal also included a number of other infrastructure assets, including part of TotalEnergies’ ethylene pipeline network in France which runs from Lavéra to INEOS’ Sarralbe site on the banks of the River Sarre near Germany.

    INEOS O&P South now has sole responsibility for running the naphtha steam cracker at Lavéra – and an opportunity to improve its competitiveness and safeguard its future by ensuring it is environmentally fit for the 21st century.

    “We believe this is in the best interests of our customers, our employees and INEOS because it allows us to make the improvements that are needed,” said Xavi.

    “This investment, despite the current difficulties across the European chemical sector, will also mean we are in a stronger position when we emerge from this latest crisis.”

    He described the acquisition of TotalEnergie’s polypropylene and aromatics businesses as valuable strategic assets.

    “These businesses will further enhance our portfolio,” said Xavi. “An extra one million tonnes of capacity means an extra one million tonnes of customer demand.”

    Xavi said INEOS’ decision to buy out its JV partner represented a major step forward for INEOS’ businesses in France and southern Europe.

    “It makes sense,” he said. “INEOS now can fully optimise the potential of these units and has a lot more assets in the south, whereas TotalEnergies’ interest lies heavily in the north of France.”

    The cracker is one of the largest in Europe and is capable of producing 720,000 tonnes of ethylene every year. In addition it produces propylene, butadiene, and other olefins products.

    “The acquisition will allow us to fully integrate these assets,” he said. “But we also plan to continue to invest in them, including CO2 reduction to meet INEOS’ net zero 2050 commitment.” 

    6 minutes read Issue 26
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    INEOS Inovyn sustainability initiatives

    AN INEOS business, which made history when it started selling PVC made from wood pulp instead of purely fossil fuels, has made further strides. Inovyn has now introduced two more – equally sustainable – PVC products following the success of BIOVYNTM.

    “The products of the future really are available today,” said Audrey Debande, Sustainability Business Development Manager, who is based in Belgium.

    BIOVYNTM along with NEOVYNTM and RECOVYNTM are now being successfully marketed to customers who either want to cut greenhouse gas emissions or reduce plastic waste.

    “We know our customers want and expect this,” said Audrey.

    When Inovyn launched BIOVYNTM in 2019, it wasn’t sure how the market would react to a product that, although cuts CO2 emissions by more than 90%, was significantly more expensive than conventionally-produced PVC.

    But the demand was there, and it meant Inovyn could continue to do what it does best: innovate.

    “It really did set the scene for the development of our future sustainable products,” said Audrey.

    Since its launch, BIOVYNTM has been used across a wide range of applications including cars, clothing, rugs and flooring, buildings and construction and in prosthetic limbs – and, long-term, it will be Inovyn’s net zero option.

    To meet evolving customer needs, Inovyn has introduced NEOVYNTM, an innovative, less expensive product for customers who want to reduce their carbon footprint in the short term and offer themselves low carbon footprint products on their market.

    NEOVYNTM brings a step change in carbon footprint with a reduction of 37% below the European industry average for suspension PVC.

    “NEOVYNTM was more challenging because we needed to find the most economical way to reduce our carbon footprint without damaging our credibility standards,” said Audrey.

    That meant investing in the use of renewable hydrogen and other forms of green energy during the production process – both key to helping Inovyn decarbonise.

    Their third product is RECOVYNTM which is made purely from plastic waste that currently cannot be recycled anywhere else.

    “It is designed for customers who want to increase their recycled content and meet high technical, quality and regulatory requirements,” said Arnaud Valenduc, Business Director of INEOS Inovyn.

    And provided Inovyn can continue to access recycled plastic waste, which is effectively its new raw material, the company is confident it can continue to provide society with what it needs.

    All three products have also been certified by the most stringent global requirements in the field, including RSB (Roundtable on Sustainable Biomaterials) and ISCC (International Sustainability & Carbon Certification) PLUS.

    Geir Tuft, CEO of INEOS Inovyn, said sustainability was one of the most important and pressing challenges for modern society and Inovyn, as an influential, industry leader and world-class producer of PVC, had a vital role to play in helping develop new solutions and support the green transition.

    “Our world is continuously evolving, and so are we,” he said. “And the target is clear. The UN has set our generation’s greatest challenge, to achieve carbon neutrality by 2050.”

    9 minutes read Issue 26
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    INEOS Fusilier

    INEOS has chalked up yet another milestone in its drive to produce the best 4x4s on the road. Proof of that, it hoped, was parked outside The Grenadier pub in London, as journalists squeezed inside the tiny, former officers’ mess to question INEOS founder Sir Jim Ratcliffe and group head of design Toby Ecuyer about the company’s battery electric vehicle, the INEOS Fusilier.

    To mark the occasion, which was streamed live, The Grenadier pub had been temporarily renamed The Fusilier.

    As Sir Jim and Toby fielded questions from former Top Gear presenter Richard Hammond, it emerged that INEOS had, once again, chosen the road less travelled by opting for a range extender alongside a fully-electric 4x4.

    When asked why, when so many others in the UK and Europe had shunned the technology, Sir Jim said: “One of the things we do in our business world is question things, rather than just follow the sheep.”

    He described the car industry as being in flux – aware of the need to reduce CO2 emissions, but unsure how best to achieve that.

    “If you’re a car producer in Europe, you have to have a green offering because you can’t survive without that because of the regulations,” he said. “We have to have this offering whether we like it or not. We do like it, because it’s a good thing for the world. But we got a long way down that road developing it until a few months ago and then paused for a bit.”

    During that pause, INEOS decided to build two versions of its new electric 4x4. One with a range extender for those who want to get from A to B without worrying where the nearest electric charging station is – and one without.

    A small petrol engine will be fitted inside The Fusilier, which boasts the range extender. And that engine will charge the electric battery when needed.

    “The engine runs as a generator,” said Sir Jim.

    The INEOS Fusilier was developed with the help of Magna Steyr, a company which has plenty of experience with off-roaders and manufactures the Mercedes G-Class and Toyota GR Supra at its plant in Graz, Austria – where the Fusilier will also be built.

    It is smaller than INEOS’ first, no-nonsense 4x4, the INEOS Grenadier, which was recently chosen by Nith Inshore Rescue as its new search and rescue vehicle.

    Peter Bryden, secretary of the Scottish-based rescue team, said the Grenadier ‘ticked all the boxes’ in a vehicle needed to deal with life-and-death situations, very harsh weather and challenging terrain.

    “We expect it to serve our team for the next 40 years,” he said.

    And most recently, it has also been taken on as operational command vehicles by Grenoble Fire Department.

    INEOS had announced its intention to build a fully-electric 4x4 in May 2022.

    That same year, it began developing a hydrogen-powered Grenadier, which it unveiled at the Goodwood Festival of Speed in July 2023 to prove that hydrogen was also a key fuel of the future.

    Lynn Calder, CEO INEOS Automotive, described it as an extraordinary vehicle.

    “It’s capable of doing everything a conventionally-powered Grenadier can do, but with zero emissions,” she said.

    INEOS Automotive firmly believes that there needs to be a mix of powertrains – electric, hydrogen, hybrids, and range extenders – with different technologies suited to different uses.

    Electric batteries are ideal for city centres and short journeys, but unsuitable for haulage and public transport because of their weight, charging times and range.

    Filling a car or truck with hydrogen, on the other hand, is quick and easy.
    The problem? There just aren’t enough hydrogen refuelling stations, especially in the UK.

    “Our demonstrator proves that the technology for a hydrogen-powered 4x4 is capable,” said Lynn. “But the refuelling infrastructure needs to be in place before it is commercially viable.”

    She said the launch of the INEOS Fusilier, which will undergo rigorous tests on Austria's Schöckl mountain before it goes on sale in 2027, was a sign of INEOS’ long-term commitment to car manufacturing.

    “It shows that we are here for the long-haul,” she said.

    6 minutes read Issue 26
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    Theatre of dreams

    SIR Jim Ratcliffe now co-owns Manchester United, the most popular football team in the world. For Sir Jim, it's a boyhood dream, having grown up in the shadow of Old Trafford and been a passionate supporter of the club all his life. "To become co-owner of Manchester United is a great honour and comes with great responsibility," he said.

    "This marks the completion of the transaction, but just the beginning of our journey to take Manchester United back to the top of English, European and world football. I want to see Manchester United be successful again and at the top of their game."

    Following completion of the £1.25 billion deal with the American Glazer family, INEOS’ Chairman and Founder spoke to Manchester United TV’s Helen Evans about his plans on and off the pitch.

    He said INEOS had always been keen to add a Premier League club to its successful sports portfolio, which includes some of the best teams in cycling, F1, sailing, rugby and running.

    On the pitch, his only goal now, he said, was to see the Red Devils return to their glory days.

    “That is what Manchester United is all about,” he said. “It should always be competing for the league title and the champions league title. Always.”

    Off the pitch, the focus will be on the values that should unite this once great football club.

    “We need to create the right organisational structure, populate it with the right people at the top of their game and then create the right atmosphere,” he said.

    Sir Jim, who is now responsible for football operations, said there were two pressing key issues – performance
    on the pitch and the state of the stadium, which hosted its inaugural game in 1910.

    “It is not quite of the standard you would expect of Manchester United, so we need to look at the redevelopment of the stadium,” he said. “One option could be to refurbish the existing stadium or build a new one.”

    INEOS’ director of sport, Sir Dave Brailsford, who masterminded seven Tour de France wins, is currently immersed at the club to understand the performance challenge.

    One person, who Sir Jim has been speaking to is Sir Alex Ferguson. The Scot retired in 2013 after 27 years as manager. During Sir Alex’s reign, United won 13 English league titles and 25 other domestic and international trophies.

    “He is the world’s iconic coach and is an essential part of Manchester United’s history,” said Sir Jim.

    The two men have met a few times since the INEOS deal was announced on Christmas Eve.

    Sir Jim also plans to have lunch with Eric Cantona, who found fame on the turf where George Best – another of Sir Jim’s favourite players – had strutted his stuff so brilliantly 20 years before.

    “There are certain players, who you get excited about when they get the ball because you are not sure what they are going to do with it,” he said.

    Working alongside Sir Dave will be Frenchman Jean-Claude Blanc, who has been appointed to the board and will help to oversee the development of the club.

    “United is the greatest club in the world so it should be playing the greatest football in the world,” said Sir Jim.

    “But the fans must realise that it will take time. It’s not a light switch. They cannot be playing at the level of Real Madrid because they haven’t been for the past 11 years.”

    Sir Jim said INEOS’ core values of grit, rigour and humour, which had made INEOS one of the biggest chemical companies in the world, applied equally to football.

    “Manners and loyalty are also important,” he said. 

    5 minutes read Issue 26
  • Maren Jakobsen Charlotte jobber.JPG

    How Norway embraced shift in thinking

    INDUSTRY in Norway is benefiting from a society that has long believed in the importance of women working in traditionally male-dominated environments. While other nations may have steered women away from technical jobs, Norway’s schools were actively encouraging them to study engineering and science at university because it wanted that diversity of thought in the workplace.

    INEOS’ plant in Rafnes, where 36% of the shift operators are now women, is testament to the benefits of men working alongside women in the same role.

    “It’s hard to explain how it benefits the business, but it does,” said Eirik Gusfre, Operations Manager at Rafnes in Norway.
    “You cannot differentiate between men and women on the technical side, but you feel the difference in the working environment. You see how well our teams work together.”

    Heidi Faukald, who has worked at INEOS’ Bamble AS site in Rafnes for the past 33 years, and her colleague Kirsti Falck feel it too.

    Both believe women have changed the working environment in INEOS for the better.

    “It is difficult to say that women don't have as sharp elbows as men,” said Heidi, Logistics Manager. “I'm almost afraid to say that. But maybe some women are a bit easier to approach. Maybe there’s a bit more softness and a kind of human touch.”

    Whatever it is, it has not only led to a more diverse working environment, but a more dynamic one too.

    “Women come at things from a different perspective,” said Kirsti, Plant Manager. “We have different thoughts and a different way of looking at a problem. And that can lead to the best solution.”

    What has also helped women in Norway is its government’s parental leave for both sexes.

    “Parents are entitled to 49 weeks of parental leave, of which 15 weeks are reserved for each parent,” said Wenche Jansen, who started as an operator at Rafnes 30 years ago and is now an HR consultant. “The remainder can be divided according to their wishes.”

    The result is that companies are less likely to discriminate against women, because there is little difference between hiring a man or a woman if either chooses to have a family.

    “When we recruit new operators, we don’t look at gender,” said Eirik.“We just want the best operators and women are just as good as men.”

    Norway’s approach is not only paving the way for INEOS’ own sites, but the entire petrochemical industry.

    “There has been a strong will in Norway to make things equal, so that we get the same opportunities,” said Kirsti.

    And women in INEOS are seizing those opportunities.

    Maren Jakobsen, a 31-year-old mother of two, works at the Rafnes site as a process operator.

    When she became pregnant she was not allowed to work at night or outside on the plant, due to possible dangers such as noise and vibration, but she simply ran the plant from the control room.

    “It is possible to have a family and a successful career,” said Kirsti. “And Heidi and I are examples of that.”

    The two women, who studied engineering at the Norwegian University of Science and Technology in Trondheim, are on the management team.

    “It is a challenge when you are working a shift with a new baby,” said Kirsti. “But we try to make it easier for the woman to come back to work by, for example, altering her shift pattern.”

    It can, though, also be a challenge for the team to manage the shift when a man takes his mandatory 15-weeks’ paternity leave.

    “It can be difficult but it makes things much more equal,” said Heidi. “And it is the price we have to pay if we want people to have children because the country needs children.”

    5 minutes read Issue 26
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    OUR FIRST 100 YEARS

    BELSTAFF - one of the greatest British heritage brands - turns 100 this year. To mark its centenary, it has produced a book exploring, for the very first time, its history and appeal - pieced together from documents, advertisements, and personal testimony. "There have been lots of twists and turns in Belstaff's 100-year history, but to make it to 100 is pretty impressive," said Doug Gunn, who jointly owns The Vintage Showroom near London's Portobello Road. "It's a real landmark."

    INEOS, which bought the unwanted and struggling business in 2017, had always viewed Belstaff as a cool, iconic consumer brand because it was synonymous with challenge and adventure. Made for those who wanted to push the limits of what was humanely possible.

    It bought the brand from Italian JAB Luxury GmbH, at a time when it was losing £25 million a year.

    As time passed, it became increasingly clear that if INEOS was to turn the business around, as it has with so many others, it needed someone who, too, was cool – in a crisis.

    That someone was Fran Millar. Not a woman with a background in fashion, but a founding member of one of the most successful professional cycling teams in history.

    “Other than I buy clothes, I didn’t know anything about the fashion industry,” she said. “But I believed – and still believe – in Belstaff as a brand. It’s an incredible brand with an incredible history and the product is amazing.”

    Since being appointed CEO of INEOS Belstaff in 2020 in the midst of the COVID pandemic, she has turned around the business, giving a bright future to a British company which prides itself on its prestigious past.

    “We have completely changed the infrastructure, the operating model, the people, the cost base, the strategic direction and the brand position,” she said.

    Today, it is almost breaking even thanks to her new strategy and company culture. One that stands for independence, being brave and standing out from the crowd.

    “We now know who our competitors are, our customers are, and we are just going after it as though we are trying to win a bike race,” said Fran.

    She, too, has changed the way she dresses.

    “I used to be happy in leggings, a sweatshirt and trainers,” she said. “But today, I try to represent the quintessential Belstaff woman: classic, chic but with an edge.”

    Belstaff was founded in 1924 in Stoke-on-Trent, Staffordshire, by Jewish immigrants Eli Belovitch and his son-in-law Harry Grosberg.

    For the first four years, they sold waterproof capes, rucksacks, and Army shirts. Their aim was simply to keep their customers dry.

    Britain had to wait for The Trialmaster – Belstaff’s most iconic product – a military-looking, four-pocket, waxed cotton jacket that has retained its appeal.

    “It wasn’t a jacket,” said Peter Howarth from Boat International. “It was a classic piece of engineering.”

    One who can vouch for that is Sammy Miller, the legendary motorcycle trials rider who played a pivotal role in its evolution during the 1950s.

    He wore a Belstaff jacket at his inaugural Scottish Six Days Trial in 1954.

    “I rode better because I was dry,” he said. “The rest of the competitors were like drowned rats. I used to pray for rain because it softened them up and made it easier to beat them.”

    Sir Chris Bonington was wearing protective Belstaff gear when he and Doug Scott became the first climbers

    to reach the 23,901ft summit of The Ogre in Pakistan in July 1977.

    Although over the years Belstaff’s motorcycling heritage remains the most well-known part of its story, its clothes have been worn by some of the most daring souls the world has ever seen.

    But it is perhaps the late Hollywood actor Steve McQueen who really should be credited with broadening Belstaff’s appeal in 1963, when he wore a Belstaff jacket in The Great Escape’s most famous scene where he attempts to jump a barbed wire fence on a motorbike.

    McQueen was a fan of Belstaff both on and off screen, and rumour has it that he cancelled a date with his then girlfriend Ali MacGraw so he could stay at home and wax his Belstaff jacket.

    Over the years, Belstaff may have repeatedly changed owners, but its customers have remained loyal.

    “I don’t want to see it change,” said Fran. “I don’t want Belstaff to not have a classic and beautiful quality full wax cotton jacket because that is who we are.

    “But fundamentally, when I took on the job, I did not believe that what got Belstaff to where it was, would get it into the future.”

    Since she took control – with a very clear brief from INEOS founder Sir Jim Ratcliffe – the business has not only survived, but thrived.

    “It is quite a rebellious brand with a rebellious spirit,” she said. “When people choose Belstaff over Barbour, it says something about them.”

    Today, the business has been completely overhauled. The stores have been refreshed and the brand has been repositioned without alienating its very passionate, loyal and existing customers.

    “We have reinvented it by stripping back all the noise and getting to the heart of what the brand is and what it stands for,” said Fran.

    Gore-Tex has been brought back into the range and Belstaff’s clothing now comes in a whole host of colours, not just navy, brown or black.

    The company has also released a range to celebrate Belstaff’s 100th birthday.

    “They are all brand stalwarts, reimagined,” said Fran, who manages a team of 180.

    Looking to the future, she believes more is to come.

    “We can create an experience and a story and a narrative that maybe other brands cannot,” she said. “I am convinced Belstaff can be a global superbrand with triple digit revenue and double digit EBITDA in a couple of years.”

    7 minutes read Issue 26
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    Chase Zero

    ON the water, INEOS Britannia, the team representing Great Britain, hope to make history this year by winning the America's Cup for the first time. Off the water, an educational charity, founded by team skipper Sir Ben Ainslie, hopes to show secondary schoolchildren in the UK what goes on behind the scenes to try to win this race.

    The 1851 Trust charity plans to use a £25,000 grant from the INEOS Community Fund to create more STEM materials that teachers can use in the classroom to inspire a love of science and technology – and help to educate pupils about the importance of hydrogen in achieving net zero.

    “One of the biggest risks of meeting our global climate goals is having enough STEM-educated future innovators,” said Jo Grindley, Acting CEO of the 1851 Trust.

    STEM Crew is one of the trust’s flagship education programmes and uses sport to bring STEM subjects to life in an effort to create a generation capable of solving the very real challenges facing the planet.

    “The UK Government has identified a structural shift in the economy, with a predicted 440,000 green jobs in 2030,” said Jo. “The 1851 Trust believes that by bringing sport, education, and business together, we can work to solve the STEM learning gap and inspire the innovators of the future.”

    The latest resources, available to all schools from April, focus on the work that is being done by the INEOS Britannia team to design and build their hydrogen-powered, foiling chase boat.

    All teams competing in this year’s race have been told they must build two hydrogen-powered foiling chase boats as part of their campaign to win the America’s Cup.

    “With so much investment in hydrogen across the world, shifting to foiling chase boats, powered by hydrogen, could well prove to be a sustainable and practical solution for the future of the maritime industry,” said Sir Ben.

    Each boat must be at least 10 metres long, reach a maximum speed of 50 knots so they can keep up with the AC75s, and have a range of 180 miles.

    The defending champions, Emirates Team New Zealand, launched their boat in March 2022 to prove it was possible. A week later, their 10-metre prototype, Chase Zero, could be seen foiling around the Waitematā harbour in Auckland.

    INEOS Britannia intends to launch its chase boat, which is currently being built in China, this spring.

    The school materials, now being developed by the team thanks to INEOS’ Community Fund, will tie in nicely with UK schools’ physics curriculum.

    INEOS believes hydrogen could play a major role in decarbonising the maritime industry, which is responsible for about 3% of global CO2 emissions.

    To highlight the importance of hydrogen, which emits zero carbon emissions, INEOS also plans to host a Fuels of the Future event when the boat is launched in Barcelona.

    The Spanish city, which is home to about 1.6 million, is expected to welcome thousands more when it stages the 37th America’s Cup later this year.
    The first race will be on August 29.

    Five teams will be competing for yachting’s most coveted trophy, including The Defenders, Emirates Team New Zealand, and The Challenger of Record, INEOS Britannia.

    4 minutes read Issue 26
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    5 million miles every day

    TEACHERS are running out of ways to describe how The Daily Mile has helped to improve their children's happiness, fitness, behaviour and ability to concentrate in class. Many say the 15-minute break from lessons is now a crucial part of the school day.

    “I believe in establishing habits for life,” said Marianne Wheeler, a Mental Health Lead at Crabtree Junior School in Hertfordshire. “The Daily Mile is a simple routine for our children at school, but it might be the foundation for a lifetime of staying active.”

    As INCH went to press, it emerged that almost five million children from 96 countries now regularly run, wheel, or walk The Daily Mile.

    England is top of the league with 8,357 schools signed up, representing 47% of primary schools. Scotland, where it all started, has 1,348 schools on board, representing 53% of primary schools.

    Gordon Banks, Global Director of The Daily Mile Foundation, recently visited two UK schools during Children’s Mental Health Week.

    “We know that children, who are physically active on a regular basis, have better mental health,” he said.

    “But with one in five children and young people having a probable mental health condition, which many will take into their adult lives, it is essential that we act now to ensure that every child can enjoy the benefits of regular physical activity.”

    2 minutes read Issue 26
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    25 years in the making

    In 25 years INEOS has become one of the world’s leading companies and it has been achieved through grit, rigour and humour.

    It has been quite a journey, but INEOS’ owners have no intention of pausing for breath any time soon. Sir Jim Ratcliffe, John Reece and Andy Currie still have much to achieve to even contemplate retirement.

    “Twenty five years have gone by in the blink of an eye,” said Jim, who founded the business in 1998. “But we have a thirst for challenges that will not go away and I think we are going to grow by another 50 to 100% in the next five years.”

    INEOS’ remarkable journey started in 1998 in Belgium when Jim bought the freehold to a former BP-owned site in Antwerp.

    Since then the company – under Jim, John and Andy’s leadership – has grown from that one site in Antwerp to become one of the world’s largest companies with annual sales of $68 billion and employing more than 26,000 people in 31 countries.

    All three shared a vision – and a similar mindset - and saw opportunities where others didn’t.
    And that’s the way they have run the business ever since.

    I don’t think we have ever had a five-year strategic plan,” said John.

    Instead, they have created a place where ideas flow freely, creativity is given space to flourish, challenges are faced, not feared, and the word ‘can’t’ simply doesn’t exist.

    Steph McGovern, who now has her own UK chat show, is a former BBC business reporter.

    “Nothing much surprises me in the business world anymore, but INEOS does,” she said. “It continues
    to push boundaries of what a global business with petrochemicals at its core can do.”

    She is one of the seven authors chosen to comment on the success of INEOS in a new book, entitled Grit, Rigour & Humour: The INEOS story, published in July to celebrate the company’s 25th anniversary.

    Those three core values – grit, rigour and humour – are firmly embedded in all of INEOS’ 36 businesses and have helped to secure 177 deals over the past 25 years.

    “Grit is an essential quality in a business that can be challenging,” said Jim. “And rigour is the opposite of winging it.”

    Humour speaks for itself.

    In the beginning, Jim, John and Andy focused on growing the business by acquiring unpopular and unwanted assets from the likes of BP and ICI.

    “They were not particularly expensive because there weren’t that many people chasing them,” said Jim.
    The biggest acquisition came in 2005 when INEOS raised $9 billion in 30 days to buy Innovene from BP.
    “It was massively transformational for the company,” said Andy.

    Overnight INEOS became the fourth largest chemical company in the world.

    Although petrochemicals remain INEOS’ core business – and its products continue to make the modern world possible – it has ventured into the world of sport, fashion, consumer goods, conservation and cars.
    It has also devoted more and more time – and money – to help tackle obesity in children, child poverty and address anti microbial resistance, which is rendering antibiotics ineffective.

    Not only that, but in 2008 it survived the biggest financial crisis since The Great Depression and five years later, a bitter industrial dispute that threatened to close down Scotland’s biggest manufacturing employer.
    “It is hard to think of a British company that has achieved so much in a quarter of a century,” said Mark Killick, a former BBC producer who has worked closely with INEOS for many years.

    Although INEOS has every reason to be proud of all that it has achieved over the past 25 years, it doesn’t dwell on the past.

    Today, it is well aware that it operates in a very different world to 1998.

    It’s a world that is now demanding change from energy-intensive companies to help avert the worst effects of climate change.

    INEOS has a plan. A plan to drastically cut CO2 emissions. A plan to prevent significant tonnes of plastic ending up in landfill. And a plan through its energy business, to keep the lights on today whilst making the transition to low carbon energy for tomorrow.

    And much of it is already being implemented.

    “INEOS forces you to think differently, to be flexible, and straightforward and work beyond conventions,” said Dr Anne-Gret Iturriaga-Abarzua, head of corporate communications at INEOS Olefins & Polymers Europe North in Köln, Germany.

    The future is no place for the faint-hearted or those lacking vision. Thankfully, those people simply don’t exist in INEOS.

    5 minutes read Issue 25
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    The alchemy of INEOS

    Who would have thought that three schoolboys from some of the poorest towns and cities in the UK would one day be running an industrial giant with 182 sites, spanning 31 countries.

    But Sir Jim Ratcliffe, who grew up in a council house in Failsworth, John Reece and Andy Currie were no ordinary schoolboys. Even as children, they were encouraged by their parents and teachers to seize every opportunity and make the most of their God-given talents.

    And over the past 25 years, they have, by thinking differently, trusting their instincts and doing their homework. But while the three may be at the helm, beneath them is an ocean of employees bursting with talent, passion and a sense of purpose.

    In fact, extraordinary people are commonplace at INEOS. “The company is packed to the rafters with truly brilliant minds,” said Sean Keach, a leading technology journalist. “There is so much knowledge and expertise within INEOS that it seems almost any task is surmountable.”

    That’s how INEOS sees it too: Remarkable people coupled with big questions result in extraordinary outcomes.

    2 minutes read Issue 25
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    The big deals

    Over the past 25 years, frontiers have been reached and breached by INEOS. It has shown the world that it’s not about ideas. It’s about making ideas happen. INEOS staff love a challenge.

    Chairman Sir Jim Ratcliffe, Andy Currie and John Reece knew life would never be the same after they bought BP’s chemical assets in 2005.

    For that monumental deal, which saw them raise $9 billion in 30 days, has perhaps been the catalyst for every challenge that INEOS has taken on. For INEOS doesn’t ask ‘why?’ It asks ‘why not?’ And time and time again, it proves that nothing is impossible.

    The Innovene Deal

    Overnight INEOS became the fourth largest chemical company in the world

    The Innovene deal propelled INEOS into the super league of global petrochemical companies. It was an extraordinary move and took a lot of people by surprise.

    As deals go, they don’t come much bigger – or better – than INEOS’ decision to buy BP’s global chemicals business in 2005. The big conglomerates, like BP, were fed up with petrochemicals and wanted out so they could focus on oil and gas where the money was. BP had planned to float Innovene on the New York Stock Market, but INEOS’ co-owners Sir Jim Ratcliffe, Andy Currie and John Reece convinced BP to sell it to them instead. In just 30 days, three banks agreed to loan $9 billion despite the fact that INEOS had not visited any of the sites.

    “I do remember that we had to speak to the Bank of England before we sent the $9 billion across to BP because $9 billion is a big number,” said John. Brian Gilvary, now Chairman of INEOS Energy, worked for BP at the time of the deal.

    “It was an extraordinary move,” he said. “It took a lot of people by surprise.” John McNally was also working for BP and has not looked back since INEOS acquired his old business.

    “It really got lost in BP as to who actually made the decisions,” he said.

    “With INEOS, there is no flapping about. You talk to the owners and get a decision back. I love that. I have always loved that.”
    Looking back, Jim said it was a deal INEOS should never have ben able to secure, given the fact that Innovene was three times the size of INEOS.

    “It would never happen in a million years any more because you just wouldn’t get three banks to stump up $3 billion a piece on their own balance sheet,” he said.

    The deal, though, was transformational, propelling INEOS into the super league of global, petrochemical companies. “It was Jonah swallowing the whale,” said Tom Crotty, INEOS’ Communications Director. “It really was just unheard of in the industry.”

    Oil & gas

    It was the most significant investment in manufacturing in a decade.

    INEOS found a new platform for doing business in 2015 – out in the North Sea. As the oil and gas companies began selling up amid rising costs and plummeting profits, INEOS sought to acquire the unwanted assets.

    “Years ago, we picked up some really nice assets because petrochemicals were becoming unpopular and unfashionable,” said Sir Jim Ratcliffe, INEOS founder.

    “The same is true today of oil and gas because it has got a CO2 footprint.

    “But the planet cannot live without oil and gas, certainly for another 30 or 40 years. The world currently needs 100 million barrels of oil a day.”
    Initially INEOS bought all of the UK North Sea gas fields owned by the DEA Group. A few days later Fairfield Holdings Ltd sold its 25% interest in the Clipper South platform to INEOS.

    In 2017, INEOS bought all the North Sea oil and gas assets from DONG Energy the Danish Oil and Natural Gas company. In a separate deal with BP it also acquired the 235 mile Forties Pipeline System (FPS), which delivers 40% of the UKs oil and gas to the mainland.

    They were landmark acquisitions and steered the company into new, exciting territory.

    The deal with DONG Energy, which said it wanted to focus on renewables, also cemented INEOS’ position as one of the top 10 biggest oil and gas producers in the region at the time – and led to the creation of INEOS Energy.

    “INEOS Energy incorporates all of the existing INEOS Oil & Gas assets and will also enable us to become a powerful force in the coming energy transition,” said Brian Gilvary, a retired BP executive who became chairman of INEOS Energy.

    The dragon ships

    Some felt it wasn’t viable to transport liquefied ethane across the Atlantic.

    The arrival of ships carrying US ethane gas signalled the start of a renaissance for INEOS’ struggling gas crackers in Europe. Other companies had felt it simply wasn’t viable to transport huge quantities of liquefied ethane across the Atlantic. But INEOS saw an opportunity and dared to think the unthinkable.

    Others are now doing it, but INEOS was first. “We were pioneers,” said David Thompson, the man tasked with overseeing the project.
    “We were involved in the pipelines, the fractionation, the terminals, the infrastructure and the ships.

    We had to do it all.” The UK’s Chemical Industries Association described the project as the most significant investment in manufacturing in a decade.
    It took five years to come to fruition, spanned three continents, involved thousands of people, cost $2 billion and saved 10,000 direct and indirect jobs in Scotland.

    “It was a truly global collaboration and one of the biggest engineering projects in the world,” said David.

    Today, INEOS’ growing fleet of multi-gas ships – the likes of which the world had never seen before – regularly transport America’s competitively-priced ethane to Europe.

    “I believe that INEOS is one of very few companies in the world that could have successfully pulled this off,” said INEOS founder Sir Jim Ratcliffe. 

    The Grenadier

    Industry insiders said it couldn't be done. Chemical companies don't build cars.

    SOME of INEOS’ best ideas have surfaced in the pub. And so it was with INEOS’ 4x4 off-roader – conceived over a gin and tonic at The Grenadier pub close to the company’s London HQ. Industry insiders said it couldn’t be done. Chemical companies just don’t build cars from scratch. But INEOS does not worry about what others think and the proof – The Grenadier – is now on sale.

    “My respect for what has been done at INEOS is just boundless,” said Quentin Wilson, an award-winning motor journalist who presented Top Gear for a decade.

    “And I think everybody in the industry, if they’re being honest, would say it’s impressive.”

    The story of the INEOS Grenadier may be unprecedented.

    But it was an opportunity to raise the bar that INEOS founder Sir Jim Ratcliffe simply couldn’t resist.

    Why shouldn’t INEOS build a spiritual successor to the Land Rover Defender, one of the most iconic 4x4s on the planet?

    As he walked out of the pub that night, the wheels were already in motion.

    INEOS Sport

    2023 - INEOS to acquire 25% of Manchester United Football Club. The company already owns 100% OGC Nice, French Ligue One club, 100% FC Lausanne-Sport, the Swiss Super League club and has a partnership with Racing Club Abidjan of Ivory Coast Ligue One.

    IT’S not just in business where INEOS excels. It has also been leading from the front – and challenging assumptions – in the world of sport. And not just one sport. Today, INEOS competes on the road, the pitch, the track and the water, helping its team of world-class athletes – be they in running, cycling, rugby, football, Formula One or sailing – achieve extraordinary things.

    For INEOS, which announced a deal with Manchester United as INCH went to press, it all makes perfect sense. “It really does help if you’re talking to senior people in China or the Middle East because they have got a view of INEOS in some form,” said INEOS Chairman Sir Jim Ratcliffe.

    “Others may spend it on TV advertising, but we have taken a slightly different approach.”

    Initially, INEOS started small by investing in community grassroots sports.

    “It was one of the fun jobs I had after INEOS moved its headquarters to Switzerland,” said David Thompson, CEO of INEOS Olefins & Polymers Asia, who was Director of Lausanne Hockey Club 2016 - 2021 and President of Lausanne Sport 2017 - 2019.

    “I was asked to build relationships with the local community.”

    Since that investment in Lausanne Hockey Club in 2010, INEOS has been forging partnerships with some of the very best teams in the world.
    But, as with everything INEOS does, it has done – and will continue to do – things differently.

    All its teams – under the guidance of Sir Dave Brailsford – work on common performance issues by sharing knowledge and best practice.

    That’s why the F1 team uses technology, which keeps the car on the ground, to make INEOS Team UK’s boat fly, and the INEOS Grenadiers cycling team advises the sailing team on nutrition.

    Clark Laidlaw, the All Blacks Sevens’ head coach, recently described the performance partnership with INEOS as unique.

    “It gives us the ability to learn from some of the world’s highest performing teams across a range of sports,” he said.

    7 minutes read Issue 25
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    The big issues

    Challenges are inevitable and INEOS has faced many during the past 25 years. But two major events rocked INEOS to the core - the 2008 financial crisis and a bitter industrial dispute in Scotland in 2013.

    The financial crisis was the worst since The Great Depression and, for INEOS, remains the darkest moment in the company’s history as it appealed for calm among its investors. And the Grangemouth dispute almost ended with the closure of the loss-making gas cracker.

    INEOS not only survived both, but it emerged stronger as a result. INEOS decided to meet regularly with its investors and investment in the Grangemouth site triggered a renaissance, bringing shale gas to Scotland.

    In 2008 the world was facing the worst financial crisis since The Great Depression. And INEOS was caught up in the storm as it spread like wildfire across the Atlantic. Three years earlier John Reece, Andy Currie and Sir Jim Ratcliffe had pulled off the deal of the century after borrowing $9 billion to buy BP’s massive chemicals business. But now the banks were on the verge of freezing INEOS out. “It was definitely the darkest moment in our history,” said John.

    INEOS met with its lenders and successfully agreed a temporary waiver of the covenant with banks in return for offering to pay higher interest rates on its loans.

    But it was an uncomfortable and difficult meeting. What it did do, though, was open INEOS’ eyes on the need to change.
    For years Jim, John and Andy had been solely focused on growing the business and had not invested any time in investor relations.
    “We realised that when we did have a problem, we didn’t have any friends,” said Jim.

    They left that meeting, determined to host an investor day once a year.

    And they have done ever since. “In those days, the investors never really understood us, but now we do our best to explain the different businesses,” said John.

    “It means when we do go and ask for finance, they are up to speed with what INEOS is about and it’s just about the transaction.” 

    Workers' dispute at Grangemouth

    A BITTER industrial dispute engulfed the Grangemouth site in Scotland in 2013. INEOS said it was prepared to invest £300 million as part of a survival plan to bring in much-needed shale gas from the US – if it could bring down costs at the loss-making site.

    Grangemouth had not performed well since the 2008 crisis and was being propped up by other businesses in the INEOS group.

    “We couldn’t keep funding these losses forever,” said John Reece.

    When staff rejected the company’s offer, INEOS announced it intended to close down the gas cracker, which had been processing oil and gas from the North Sea for more than 50 years.

    “We knew it was a political hot potato, but we were all set to do it,” said John. “It wasn’t a bluff.”

    The move stunned the union, which went on to accept all the changes needed to secure the £300 million investment.

    “I was quite surprised at the speed of the u-turn,” said Declan Sealy, Business Director INEOS Acetyls. “It was extraordinary.”

    Today, the site, once on the verge of extinction, has undergone a renaissance.

    And the huge gas tank, which was built to store US shale gas, now stands as a symbol of hope.

    3 minutes read Issue 25
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    The big question

    A vocal minority would say yes; we say no, because our quality of life depends on it. Without oil and gas, everything that society has come to rely upon would simply disappear. iPads, iPhones, clothes, cars, medicines, shampoo, paints, fertilisers and toys to name but a few. Life, as we all know it, simply would not exist.

    Many are aware that oil and gas allow us to heat our homes and offices, cook food and get from A to B. But how many are aware that oil and gas are also essential raw materials to the chemical industry? And that the chemical industry uses the molecules found in gas to make the wide range of products that underpin modern society?

    We can not live without gas and oil. It is an essential part of our daily lives and is likely to remain so for decades to come, even as we transition to net zero by 2050.

    Can we live without oil and gas?

    FOSSIL fuels are feeling the heat like never before. Protests across the world are getting noisier with the likes of Just Stop Oil warning that new gas and oil will ‘hasten the collapse of human civilisation’. They paint a frightening scenario. But INEOS – one of the many companies targeted due to its reliance on gas and oil – believes education is the key to changing mindsets.

    INEOS Energy’s executive chairman, Brian Gilvary, said there needed to be an open and honest debate with the public about energy, particularly around gas and oil.

    “Today, oil and gas serves a need,” he said. “And the world can't live without it, frankly, tomorrow.

    “If we just stopped oil and turned off new developments of oil and gas, we would leave big swathes of the world in energy poverty. That’s what the world needs to know.

    “It’s not about turning oil and gas off. It’s about decarbonising it, otherwise there is no hope of us keeping temperatures well below two degrees.”

    The chemical and oil and gas industries are inextricably linked.

    INEOS, which runs its own oil and gas business, also uses huge amounts of oil and gas to run its chemical manufacturing plants.
    That can change, and it is changing with INEOS investing millions to source its energy from wind and solar farms.

    But the chemical industry also uses gas and oil as a raw material, turning the likes of ethane gas into ethylene – the building block for everything from clothing and medicines to electronics and cars.

    “It’s not possible to replace it all with bio-based,” said Greet Van Eetvelde, INEOS’ global head of climate, energy and innovation. “It’s not possible to replace it all with renewables.”

    Many of INEOS’ products, which are made from gas and oil, are also used to build wind turbines, solar panels and other renewable technologies.

    “We’re a company that makes so many things,” she said. “We’re everywhere. You will not see the INEOS name on your toothpaste, but it’s in there. If you have a headache, even aspirin.

    “These protesters, who glue themselves to the walls, need the chemicals in the glue. If you want to dissolve that glue, it’s solvent from the chemical industry too. That’s the absurdity of things.”

    During the COVID-19 pandemic, INEOS was deemed an essential industry and became part of the fabric that kept society running. Not only face masks but it was even essential for the production of the vaccine.

    Tom Crotty, INEOS Group’s communications director, said demand for INEOS’ health and hygiene products was unprecedented.
    “We had never experienced anything like it,” he said. Production was ramped up at INEOS' sites to cope with the global demand for chemicals to slow the spread of the disease and help treat those infected.

    It diverted resources away from non-essential work at sites in America, mainland Europe and the UK to keep the flow of essential chemicals to those making vital medical materials, disinfectants and equipment.

    And it built three new hand sanitiser plants within 10 days to directly produce, bottle and distribute millions of bottles a month of hand sanitiser to hospitals free of charge.

    INEOS is not blind to the massive challenges that are facing the world.

    But there is huge optimism in the business.

    “I think this fourth energy transition is going to be the most exciting of them all,” said Brian, who joined INEOS after being tempted out of retirement.

    “We are seeing technologies advance at such a rate that I think we will one day see energy sources interlinked with each other.”
    The former BP finance director said one of the big issues was that very few governments around the world had joined-up integrated energy policies.

    “China does because it is a big buyer of energy and doesn’t have the same energy resources that others have,” he said. “That is why they are developing wind farms as well as firing up old coal plants.

    “They recognise that they need energy across the mix and they recognise it's going to take solutions based on all energy sources.”
    He said that was also the reason China’s net zero target was 2060 – not 2050.

    Brian said what the world needed to do was tackle the CO2 – the gas widely blamed for climate change.

    “You can grow an oil business provided you have a viable carbon capture business alongside it,” he said.

    INEOS now does.

    Earlier this year, it launched the world's first cross boarder off shore carbon capture project in Denmark.

    Project Greensand is a world first and, once fully operational, could be able to permanently store up to eight million tonnes of CO2 under the seabed every year.

    But INEOS’ ambitions don’t end there.

    It is investing heavily in the circular economy to ensure its products are recyclable so that plastic can be made from plastic instead of hydrocarbons.

    And it has created a new business to help build an economy fuelled by hydrogen, which produces zero emissions when used as a fuel.
    “We cannot flick a switch and do all this overnight,” said INEOS Chairman Sir Jim Ratcliffe. “It requires investment and it all takes time.”
    Elfie Méchaussie, who studied chemical engineering, is a carbon and environment specialist at INEOS O&P Europe’s business in Switzerland.

    “INEOS has a role to play, and by working on the inside, this is where I can make a difference,” she said.

    She is part of INEOS’ young climate and energy network group, which has been tasked with finding answers to some of the biggest challenges facing mankind.

    It’s a daunting brief, but INEOS’ yCEN members are excited at the difference they can make.

    “That’s why I work for a petrochemical company,” she said.

    We need an open and honest debate with the public about energy because oil and gas serve a need - Brian Gilvary

    The world depends on oil and gas – and will do for many decades to come.

    To INEOS, oil and gas are valuable raw materials.

    Materials we use to make essential products that touch every aspect of modern day life.

    The question is: can society function without them?

    6 minutes read Issue 25
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    A sustainable future

    It may seem counter intuitive for the chemical industry to be at the forefront of sustainability. But sustainability – and the drive to net zero – are at the heart of INEOS’ strategy.

    “Tackling climate change will be impossible without the chemical industry because we provide building blocks that will help provide solutions for the future,” said Hans Casier, CEO INEOS Phenol.

    INEOS knows that transitioning to net zero by 2050 will not be an easy journey for a society that relies heavily on the earth’s precious resources.

    But it has been making – and continues to make – huge strides so it can continue to provide modern society with what it needs as it continues to grow.

    How we are reducing our impact on the planet

    INEOS is committed to net zero by 2050 (2045 in Scotland and Germany) which is why it has drawn up roadmaps to
    help it to understand and plan the route ahead.

    The routes may differ, but their end goal is the same: to cut CO2 emissions and remain in business, providing essential products for society.

    “The targets are based on input from each business because we know that a one-size-fits-all approach will not work,” said Greet Van Eetvelde, INEOS’ global head of energy and innovation.

    “That said, we have pockets of excellence so we can share best practice.”

    To achieve these ambitious, but achievable goals, INEOS has identified a number of key areas where emissions can be reduced, whilst still remaining profitable and ahead of evolving regulations.

    Switching the fuel it uses to power its operations is a big one.

    And INEOS has already started to do that by investing in renewable energy from wind and solar farms.

    But it’s just the start.

    It is helping to push the circular economy, where nothing is wasted, by introducing new products made from waste and bio-based materials instead of gas and oil.

    It is focused on making sure that everything it does is done safely and efficiently, and replacing old plants with more efficient, new plants.

    And it is heavily invested in carbon capture and storage projects, which will safely and permanently store CO2 emissions from industries.

    “I am confident that INEOS will be a big part of the solution for the green transition,” said Geir Tuft, CEO INEOS Inovyn.
    “But it will require changes that we, as consumers, have to do in our everyday lives as well. This is a journey that not just companies, like INEOS Inovyn, are on. Society is on it too.”

    INEOS Chairman Sir Jim Ratcliffe said INEOS was ‘fully committed’ to playing a key role in the transition to net zero.
    “We plan to spend over €6 billion to back our plans and intend to hold all our businesses accountable for delivering these roadmaps,” he said.

    But he said net zero would only be achieved if governments, industry and the general public worked together.
    At INEOS, doing well by doing good not only drives innovation.

    It also matters to its employees, customers and investors all over the world.

    “Sustainability is fundamental to how we do business,” said Tobias Hannemann, CEO of INEOS Oxide.

    What is key, though, to INEOS’ continued success is its entrepreneurial foundation.

    “INEOS has managed to foster a culture where anything is possible, where ownership is for everyone and where change is to be embraced,” said Alison Mills, HR Director INEOS Acetyls and Nitriles.

    4 minutes read Issue 25
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    Project ONE

    INEOS plans to build the greenest cracker in Europe, and possibly even the world. It is known as Project ONE and is the largest investment in the European chemical sector for a generation. CEO John McNally said the final bill was likely to be about $4 billion.
    The new ethane cracker will not only be built using the very best of today’s technology and have the lowest carbon footprint in Europe, but it will also force others to replace their ageing European assets or shut them down.

    “We are hoping it will help revitalize the whole of the European chemical industry,” said Jason Meers, CFO INEOS Project ONE.
    In the past, INEOS has grown through acquiring the unloved assets of other companies.

    “This is a new chapter for INEOS, because it is the first time we have built a bespoke asset to our demand and needs,” said John.
    Construction has already begun in the Port of Antwerp with INEOS hoping the plant will start operating at the end of 2026.

    The importance of this investment is not lost on INEOS’ youngest employees.

    Robin Stichelbaut, 25, is part of Project ONE’s procurement team – and joined INEOS about two years ago.

    “After I finished studying, I was determined to find a job where I could make a difference in the chemical industry,” he said. “INEOS is the one company that offered me the chance to do that.”

    He described Project ONE as a game changer for the chemical industry.

    “I have been given a unique opportunity to be involved in a project that will help the chemical industry in my home town Antwerp to become sustainable and eventually move towards climate neutrality by investing in the most innovative techniques,” he said.

    Dries De Keyser, 23, is one of five Belgian process operators currently being trained in Köln, Germany, to become experts in the cracking process.

    “The fact that I will be able to make an impact and influence the entire chemical industry in Europe is a huge opportunity,” he said.

    The plant will be built using the very best of today’s technology – with one eye on the future.

    “It is being designed in such a way that we can integrate other technologies as soon as they become available,” said John.

    That will include capturing and storing CO2 and using 100% hydrogen as a fuel.

    Last year INEOS Olefins Belgium became the first industrial company to sign an agreement with Fluxys to take part in a feasibility study for the development of an ‘open access’ hydrogen network in the Port of Antwerp.

    Project ONE could become one of Fluxys’ largest customers.

    “From day one we will be able to meet 60% of the heat demand with the high volumes of hydrogen from our cracking process,” said Ralf Gesthuisen, Technology Manager.

    “If we gain access to more low-carbon hydrogen in the future, we can increase this to 100% and bring the emissions of Project ONE to net zero.”

    Fluxys’ business director, Raphaël De Winter, said the Belgian-based company was committed to developing a ‘well-functioning’ market for hydrogen quickly.

    “It is going to require an open access grid to which everyone can connect on an equal footing so that supply and demand can find each other smoothly,” she said.

    “The interest shown by INEOS Olefins Belgium is an important step in the development of the infrastructure needed by industry.”

    INEOS’ decision to build a new cracker in Europe was hailed as ground-breaking when founder Sir Jim Ratcliffe announced the news at a press conference in 2019.

    For decades no one has invested such a significant amount in the European chemical industry, opting for the US, China and other parts of Asia instead.

    It is hoped Project ONE will help to reverse that trend and the decline.

    The ethane cracker, much of which will be designed, built and transported by ship to the site in separate parts, will convert the odourless and colourless ethane gas into ethylene – one of the most widely used chemicals in the world and essential for a wide range of products, including clothing and medicines.

    “Ethylene touches every part of our life,” said John. “The products that we use day-to-day in our house, like the insulation in our walls to the tap water that comes through pipes made from polyethylene.”

    During its construction, about 3,000 will be working for INEOS. Once operational, it will employ 450 full-time staff.

    The plant will emit less than half of the CO2 emissions of the cleanest crackers in Europe.

    “Project ONE is unique,” said Michel Machielsen, Cracker Operations Representative – Project ONE. “Many of these projects are being built on another continent but INEOS wants to achieve this in Europe, which means that the project must meet much stricter requirements.”

    He added: “It is a bold move but completely in line with what we want in terms of sustainability and climate goals.”

    Joy Donne, CEO Flanders Investment & Trade, described Project ONE as an exceptional project, which had won the 2020 Exceptional Investment of the Year Trophy. “It is a trend-setter,” he said.

    4 minutes read Issue 25
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    Project Greensand

    INEOS has helped to prove to the world that CO2 can be safely captured and permanently stored under the seabed. The successful trial, which saw CO2 captured from the INEOS Oxide plant in Antwerp Belgium, compressed and shipped 500km, cross border, to the company's Nini offshore oil platform in the Danish North Sea, was hailed as a big moment for Europe’s transition to a greener economy.

    “You have shown that it can be done,” said Ursula von der Leyen, President of the European Commission.

    “You have shown that we can grow our industry through innovation and competition, and at the same time, remove carbon emissions from the atmosphere, through ingenuity and cooperation.”

    There to witness this historic moment was Denmark’s Crown Prince Frederik, INEOS Founder Sir Jim Ratcliffe and Hugo Dijkgraaf, Chief Technology Officer at Wintershall Dea which, along with INEOS, headed the consortium of 23 organisations involved in Project Greensand.

    “This project proves that carbon capture and storage is a viable way to permanently store CO2 emissions under the North Sea,” said Hugo.

    After being shipped to the Nini platform, the liquefied gas was injected, via an existing well, into a discontinued reservoir more than a mile below the seabed.

    “There is no way we could have failed on this,” said Anne Steffensen, CEO of Danish Shipping which transported the CO2 to INEOS’ North Sea rig.

    And the reason is simple.

    For carbon capture and storage is seen as critically important to help decarbonise the world’s energy and tackle climate change.

    The consortium of 23 partners is jointly led by INEOS, which has been collecting and storing the waste CO2 at its Oxide plant for the past 10 years.

    Project Greensand, as it is known due to the type of sandstone under the seabed, is the first full value chain exercise, capturing the CO2 gas from plants, liquefying it, shipping it out to sea before injecting it into empty oil wells.

    And it is being done purely to protect the environment.

    “All the parts of the process had been developed and worked well in isolation,” said David Bucknall, CEO of INEOS Energy.

    “Connecting the parts and building the infrastructure was the challenge.”

    The plan now – following the successful trial – is to start operating commercially in 2025.

    Once fully operational, it will be able to store up to eight million tonnes of CO2 every year.

    Although there are no economic incentives to what INEOS is doing, there is immense pride within the company at being involved in such a ground-breaking project.

    Mads Weng Gade, CCO, Head of INEOS Energy Denmark, described it as a fantastic milestone in the fight against climate change.

    “I have been looking forward to this day for a very long time,” he said. “We have all shown true, pioneering spirit and worked hard to achieve this.”

    Many critics have argued that carbon capture and storage is unscalable, expensive and energy-intensive.

    But David, a former BP executive, said the project was based on proven technologies.

    “The pilot and development phases are about making them work together effectively,” he said.

    In December, the INEOS-led project received £22 million from the Danish government – the largest single grant ever awarded in Denmark.

    “Denmark has one of the most ambitious climate targets in the world and sees carbon capture storage as one of the steps needed to reach its goals,” said David. “This project will contribute significantly to Denmark's carbon reduction targets.”

    The project will also secure highly-skilled jobs. “It makes sense for the oil and gas industry to drive this new industry because they have many years of experience in this field,” said Mads.

    “We will be using the same infrastructure, the same geology and the same people who have detailed knowledge of these reservoirs.”

    Instead of dismantling oil rigs, they can be repurposed.

    Instead of gas flowing out, the process will simply be reversed to allow carbon dioxide to flow into the wells.

    INEOS’ long-term goal is to build a fleet of ships and CO2 storage facilities on land and a terminal so that the ships can dock, load the CO2 into containers and then sail out to the rig.

    “We anticipate Greensand to be competitive commercially once a commercial market for CO2 is up and running,” said David. 

    6 minutes read Issue 25
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    Hydrogen fuel

    A NET zero economy by 2050 will be impossible without hydrogen. That’s why INEOS is planning significant investment to help develop a world run on hydrogen, a gas which produces zero emissions when burned as a fuel. Its hydrogen business has just one aim: to cut CO2 emissions.

    That business is now building the first, large-scale green hydrogen plant in Rafnes, Norway.

    “Green hydrogen represents one of our best chances to create a more sustainable and low carbon world,” said INEOS Chairman Sir Jim Ratcliffe.

    “Europe is crying out for more investment in green hydrogen and we are determined to play a leading role in this important new fuel.”

    The Norwegian plant will help to support the country’s drive to save more greenhouse gases than it generates by 2040.

    Plants could also be built in Germany and Belgium, with further investment planned in the UK and France.

    Sean Keach is a British journalist who specialises in technology and science.

    “INEOS has a firm deadline, and bold plans to remain commercially viable while vastly minimising its harm to the planet,” he said.

    “That’s no small feat for a company specialising in energy and petrochemicals. But the good news is that it looks like INEOS can do the job.”

    1 minute read Issue 25
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    Renewable energy

    A WIND of change has been sweeping through INEOS and it’s powered by the need to reduce its dependence on oil and gas to fuel its plants – and cut CO2 emissions. INEOS O&P Europe, Styrolution and INEOS Inovyn are all now using electricity, generated by the wind, thanks to long-term deals with Eneco, ENGIE and RWE.

    Earlier this year, INEOS O&P Europe signed a further deal – this time with Skagerak Energitjenester – to use 100% green energy at its Rafnes and Bamble plants in Norway.

    Meanwhile, across the Atlantic, a solar farm, covering 2,400 acres, is being built in Houston, Texas, purely for INEOS O&P USA’s benefit.

    The INEOS Hickerson Solar Farm’s 800,000 panels are expected to produce 730,000 megawatt hours of clean energy every year.

    The farm will be operated by a subsidiary of NextEra Energy Resources, the world’s largest generator of renewable energy from wind and sun.

    “We commend INEOS for taking a leading role in decarbonising the petrochemical industry,” said Matt Handel, senior vice president of development for NextEra Energy Resources.

    1 minute read Issue 25
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    Making a difference matters to INEOS

    MAKING a difference matters to INEOS. But that view extends far beyond the workplace. “When a company gets to a certain size, it has got the capacity to do some good in the world,” said INEOS Founder Sir Jim Ratcliffe. “And that is what we are trying to do. Something meaningful that fits with our character.”

    Over the years INEOS has sought to make a difference to young people’s lives through The Daily Mile, and more recently, the Ineos Oxford Institute and The Forgotten 40. It has been investing in projects to help save the Atlantic salmon from extinction and create sustainable jobs in Tanzania – an area of immense natural beauty plagued by poachers. And it has been drawn to help like-minded souls, with a spirit of adventure, to achieve their goals.

    INEOS believes that companies should contribute to the wider society, either through funding or expertise. Over the years INEOS has offered – and continues to offer – both.

    1 minute read Issue 25
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    Making a difference to communities

    POACHING was all 13-year-old Anderson Mgesi had known. Hunting birds and small antelope was an easy and quick way to earn money to help support his mother and father and eight siblings. Today, though, he is helping to put an end to poaching in Usangu, a vast unspoilt wilderness that is home to elephants, buffalo, lions and leopards.

    It is where he now works as a guide, ferrying tourists to see the incredible wildlife in this part of the Ruaha National Park – and the birds are among his favourite.

    “Anderson is now one of the top guides in our business in southern Tanzania,” said Brandon Kemp, Country Director Tanzania for Asilia Africa. “I am so proud of him.”

    Among those who have benefited from his wisdom and knowledge of the area is INEOS’ Chairman Sir Jim Ratcliffe.
    Over the past six years Jim has been instrumental in helping Asilia Africa change the face of tourism in southern Tanzania to save wildlife threatened by poachers.

    And together they are making a difference.

    “We now have one of the greatest new wilderness areas for tourism in Africa,” said Brandon.

    Since the opening of a new expedition and research camp – again funded by Jim – the number of poachers in the uncharted Usangu wetlands has decreased.

    “We just need to keep it up,” said Anderson.

    Working at Usangu camp – 180 miles from his family’s home in Tungamalenga – means a lot to Anderson.

    For the wetland is where his grandfather lived and his father was born.

    “I remember my grandfather telling me how he would often walk long distances in search of salt and food,” said Anderson. “Now I am walking those same paths, guiding tourists.”

    The only way into Ruaha National Park used to be on foot, which made it difficult to protect the animals from poachers.
    Now there is a 30-mile road to Jim’s research camp in Usangu, which Anderson and 11 others built by hand in two months.

    It was during the road’s construction that they encountered a leopard which had breached the perimeter of their temporary camp in search of food.

    “We managed to chase it out of our campsite before it became dangerous,” said Anderson.

    It was during the construction of the road that Anderson began studying English and started to download inspiring speeches made by former US president Barack Obama.

    “I spent a lot of time coaching him because he was so dedicated,” said Brandon.

    Anderson had initially worked as an odd-job man at Jabali Ridge – the place where Sir Jim’s joint venture with Asilia began.

    “Together, we have made the largest commitment to southern Tanzania of any safari company,” said Brandon.

    “And this commitment is crucial because these huge wilderness areas receive only a fraction of the visitors (and revenue) of the more famous northern parks such as the Serengeti and Tarangire.”

    So far, Sir Jim has contributed more than $1.5 million in Usangu alone – and also brought in a helicopter which has been a game-changer in the fight against poaching.

    “Southern Tanzania is an amazing place, but it is under threat,” he said. “The creation of a sustainable and ecologically friendly safari tourism business will both protect the wildlife and help the people of this amazing region by creating lasting jobs.”

    And to Brandon and Sir Jim, that is people like Anderson.

    3 minutes read Issue 25
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    Making a difference to young people’s lives

    INEOS adopts radical approach to age-old problem.

    CHILDREN worn down by poverty and lack of opportunity are starting to shine – and headteachers in the UK believe INEOS’ radical approach to tackling child poverty is at the heart of it. INEOS had launched its Forgotten 40 initiative, believing it would make a difference to those most in need. But it was just a hunch.

    Today, the impact of the company’s £20,000 annual gift to each of the 100 schools serving the most deprived areas in the UK is paying dividends.

    “The impact that the INEOS funding has had on our children and their families is beyond words,” said Claire Higgins, headteacher of Holy Cross Catholic Primary School in Birkenhead on The Wirral.

    “It has enabled us to provide the most amazing opportunities and experiences for our children that our school budget would simply not enable us to do.”

    The hope is that a mind stretched by new experiences can never go back to its old dimensions. That’s certainly what the late American physician Oliver Wendell Holmes believed; INEOS does too.

    Over the past 18 months, schools have used INEOS’ money to take children on trips to the zoo, the beach, the park, the Lake District, and the theatre – all places they have never been. They have also invested in food banks, cookery classes for parents, and therapy dogs.
    Although INEOS is funding the initiative, it has put its trust in five retired teachers who regularly liaise with each headteacher.

    Brian Padgett, a former deputy head who also spent 15 years as an Ofsted inspector, is part of the Forgotten 40 team.

    “From the late 1970s, successive UK governments of all shades have blamed teachers and schools for the underachievement of children and young people from poor backgrounds,” he said.

    “But they have wilfully ignored all the challenges stacked up against the children, their parents and their local communities.

    “If INEOS’ intervention works, the evidence from its success may influence policymakers at a national level to re-invest in the ‘local’, with headteachers given powers to direct resources according to local need.”

    All INEOS’ headteachers face similar problems. One school in the most deprived council estate in the whole of the Rhondda Valley in Wales recently bought a bed and some bedding for a child, who was so grateful she knocked on headteacher Andrew Williams’ door to say thank you.

    “When that sort of thing happens, you know that the INEOS gift is being used in the best possible way,” he said.

    Teachers are trusted to spend the money where it is really needed.

    “What your supporters have to understand is the power you have given school leaders to make a real difference where it really matters,” said Louise Hill, headteacher of Grimes Dyke Primary in Leeds.

    “We do have government funding, but it is tied up in red tape, every penny has to be accounted for, and it is linked to academic achievement.

    “The money we have received from the Forgotten 40 project has been a breath of fresh air. It is amazing to be trusted as a headteacher to know what is right for my children and their families.” 

    5 minutes read Issue 25
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    Making a difference to individuals

    Extreme adventure taught Abi a valuable lesson.

    LIFE is full of ups and downs. But since Abi Longhurst returned from the harsh Namibian wilderness, she no longer views that as a bad thing. Nor does she waste valuable effort fretting about what could go wrong. Instead, she has learned to embrace both, thanks to INEOS’ unique IN-NAM desert challenge.

    The 320km bike, run and hike through the Namibian desert is billed by INEOS as a life-changing adventure – and the difference it has made to Abi’s life is testament to that.

    “The lows made the highs all that more special,” she said. ”For me, IN-NAM was just the beginning. I am now looking forward to more challenges and the highs – and lows – that come with them. The extremes are what make life more engaging and exciting.”
    Abi, who is 31, is a process engineer in the asset team supporting the Kinneil Terminal in Grangemouth, Scotland.

    The team ensures the plant continues to operate efficiently and safely.

    The IN-NAM challenge was launched in 2017.

    Each spring INEOS’ third year graduates are offered the chance to find their limits and smash them.

    The company believes that by doing that, they will achieve their true potential. It’s all about mindset.

    “It is a real test of character and a real adventure,” said Chairman Sir Jim Ratcliffe. “It is something very, very different and INEOS is sort of different. We need people in our company who have got a bit of grit and determination and a bit of character.”

    Abi will never forget the six days she spent running, hiking and biking across the world’s oldest desert, nor the feeling of watching the sun rise as she stood on the 8,442ft summit of the Brandberg – Namibia’s highest mountain.

    “That moment alone made all the lows training through cold Scottish winters, worthwhile,” she said.

    It has changed her life.

    “The challenge has left me with a great “why not?” attitude,” said Abi, who is now an ambassador for other graduates wanting to follow in her footsteps.

    “I have realised you don’t have to be the fittest or the fastest to take on a physical challenge, and marathons aren’t just reserved for elite athletes.

    “I have just completed my sixth marathon, having never run any before the IN-NAM challenge. I have proven that my body can do hard things, and I look forward to pushing my limits further.” 

    7 minutes read Issue 25
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    Making a difference to wider society

    How INEOS got a handle on what the world needed.

    INEOS thrives on making decisions quickly. But one decision – to tackle the desperate shortage of hand sanitiser in hospitals in the UK and Europe during the global COVID pandemic – led to the birth of a new business. That new business – INEOS Hygienics – is now growing and thriving in what was a crowded marketplace.

    Its no frills, high purity, hospital grade hand sanitisers, wipes, gels, hand wash and sprays are now rated highly by the public with customers around the world praising the company for providing products that are good quality and great value.

    “The hand sanitiser does what it says it does,” wrote one customer on Amazon. “It’s very good quality and a perfect consistency.”

    But it is not just the public who use them. Elite athletes, such as Olympian Sir Ben Ainslie and Formula One’s Lewis Hamilton, do too.
    “The pandemic taught us all the importance of good hygiene,” said Lewis. “We were all washing our hands thoroughly and constantly sanitising surfaces. But being slowed down by sickness or fatigue isn’t an option for me, so hygiene has always been something that I have been very focused on. Even more so now.”

    It was during the pandemic that INEOS began manufacturing hand sanitiser on an industrial scale to help fight against the disease, which was sweeping the world.

    It built three plants within 10 days to directly produce, bottle and distribute three million bottles a month of hand sanitiser which it gave away to hospitals free of charge.

    “We tried to do our bit while we all navigated through exceptional circumstances,” said a spokesman for INEOS Hygienics.

    4 minutes read Issue 25
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    Sustainability

    The journey to net zero is not going to be an easy one for INEOS, but it knows that. Despite the challenges – and there are many – INEOS remains focused on the future and is prepared to invest billions to ensure it hits net zero by 2050.

    TRANSITIONING to net zero by 2050 will not be an easy journey for industries that rely heavily on the earth’s precious resources.

    But INEOS has been making – and continues to make – huge strides so it can continue to provide modern society with what it needs without damaging the planet.

    Its achievements and ambitious goals are set out in its 2022 sustainability report, which has been prepared in accordance with Global Reporting Initiative Standards and externally assured by KPMG.

    “Sustainability is fundamental to how we do business,” said Tobias Hannemann, CEO of INEOS Oxide.

    Despite the challenging market conditions, INEOS' ambition refuses to be dampened. Despite the many distractions, momentum
    continued – with bold new projects, continued investment, and steady progress towards net zero.

    All INEOS’ businesses have developed – or are finalising – workable roadmaps to ensure all its operations are net zero by 2050, while still remaining profitable and ahead of evolving regulations.

    Based on the roadmaps developed to date, it has set a reduction target of 33% by 2030. INEOS will spend over €6 billion to back its plans.

    In addition to investing over €3 billion in a wide range of projects that will reduce the company’s footprint, it has announced ambitious plans to harness its expertise and technology to drive the development of a new hydrogen economy.

    In addition to a €1.2 billion investment in blue hydrogen in carbon capture technology at Grangemouth in Scotland, it has also announced a further €2 billion in a series of green hydrogen plants throughout Europe.

    INEOS intends to play a full and active part in the transition to net zero and in doing so, it will not only reduce the impact of its own operations, but will be able to provide the products that support other industries and individuals to reduce their own impact on the climate.

    INEOS has always seen opportunities where others see issues.

    “The entrepreneurial foundation of INEOS has fostered a culture where anything is possible, where ownership is for everyone and where change is to be embraced,” said Alison Mills, HR Director INEOS Acetyls and Nitriles. “This is the key to our continued
    success.” Doing well by doing good not only drives innovation, though. It also matters to INEOS’ employees, customers and investors all over the world. Last year alone INEOS signed three major agreements with offshore Belgian wind farms which will reduce its emissions by more than three million tonnes of CO2 over 10 years – and it is at the heart of several major projects to capture and permanently store CO2.

    It also helping to push the circular economy, where nothing is wasted, by introducing new products made from waste materials and investing in advanced recycling technologies. Most nation states have agreed to achieve net zero emissions by 2050. But INEOS believes this will only be achieved through the concerted efforts of governments, industry and the public.

    “INEOS is fully committed to playing a key role in this transition,” said a spokesman. The 130-page 2022 sustainability report, which can be viewed in full on INEOS’ website, details INEOS’ progress.

    3 minutes read Issue 24
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    Women at work

    THE chemical industry is traditionally dominated by men. But it is changing. And women, who have worked in the industry for decades, are testament to that. “When I first started out in the industry 30 years ago, things were happening that I thought were normal because I didn’t see anything else,” said Kathryn Shuler, Executive Director of the INEOS ICAN Foundation.

    “But now that I look back, it was quite abnormal and it was not right the way women were treated.”

    Today thanks to a focus on recruiting more women, the number of female chemical engineers in INEOS has never been higher.

    “The chemical industry is still quite predominantly male, but it is changing in a really positive way,” said Sharon Todd, CEO of SCI (Society of Chemical Industry), a global innovation hub which helps to accelerate science out of the lab and into industry for society’s benefit.

    “The industry just needs to change faster.”

    INEOS is helping to close the gender gap, but realises there is still much work to be done.

    Years ago, entering a world where few women had worked had its challenges.

    Anja Hilden, who works at INEOS Köln in Germany, said she was often the only woman in her department when she became a chemical engineer about 30 years ago.

    “It was challenging because I didn’t have any role models,” she said.

    Women also faced further obstacles if they decided to start a family because there was an assumption that they would be the baby’s primary carer.

    “It’s not just an issue that INEOS still has to tackle,” said Anne-Gret Iturriaga Abarzua, Head of Communications at INEOS Köln. “Society has to change as well.”

    Quantaze Watts, Global Talent Director at INEOS Styrolution, believes the stereotypes are embedded in society.

    “It goes back to when you are a kid, and you go to the store and ask for the Tonka truck and it’s mainly a boy’s toy, not a girl’s toy,” he said.

    “We need to go to the little girls and let them know that they can do this, so that engineering jobs are not seen as men-only jobs.”

    Prof. Dr. Petra Skiebe-Corrette, Director of NatLab, a non-formal science laboratory at the Freie Universität Berlin, believes the problem stems from the moment a child becomes aware of his or her gender.

    “It is important that, before these gender stereotypes kick in, girls have STEM experience and know they can do it and enjoy it,” she said.

    For more than 14 years INEOS has been involved in a programme in Germany, known as TuWas! The company believes that promoting science in schools is key to getting children – boys as well as girls - interested in STEM careers.

    “Of all the companies supporting TuWas! – and I think there are more than 80 – INEOS is the one that supports the most schools,” said Petra.

    Sharon, who graduated with a degree in chemistry from Southampton University in 1988, is also all in favour of a more diverse workforce.

    “Our founders were creative, inventive and valued diversity,” she said. “They recognised the importance of diversity for innovation.”

    She believes the industry has an image problem and does not sell itself to young people be they men or women.

    “It needs to present itself as an opportunity to create change to enhance society through innovation, and as a place where, certainly for
    young scientists and engineers, they can put their skills to work and have a really valuable and rewarding career,” she said.

    She described it as a massively important challenge.

    “We need this flux of diversity,” she said. “We need diversity in our young people and in our middle and senior management.”

    She said people from all different backgrounds could help to contribute to a new wave of scientific innovation to tackle the big societal challenges of climate change and global health.

    “The industry has a vital role to play in delivering real societal benefit, not just profit,” she said, adding: “If we promoted the diversity of job opportunities, the breadth of experience that industry can offer and the direct ability to affect real change, I think we'd get a higher influx of women.”

    WOMEN may have dominated the 1971 Grammy Awards, but elsewhere, opportunities were few and far between for American women – especially those seeking careers in traditonally male-dominated professions. Kathryn Shuler had grown up knowing – and feeling – that. Even her parents tried to dissuade her from pursuing a career in science. Technical jobs  were for boys. Not girls.

    To appease her parents, she opted to study business at university.

    But the lure of science was too great, and she eventually switched to chemistry.

    She also hoped that American society would change thanks to Title IX, a 1972 piece of landmark civil rights legislation that banned sex discrimination in schools and colleges.

    “Before the introduction of Title IX, universities could refuse to allow girls to enrol in certain courses,” she said.

    “Women could be summarily dismissed from engineering courses or stopped from pursuing science degrees. The prevailing thought was that they were only going to university to get a husband. And that they were only pursuing engineering or  science courses to get a better husband.”

    But despite the change in the law, old habits and attitudes remained.

    “There wasn't a lot of encouragement for women who pursued engineering and science,” she said.

    “If we were working in groups, some of my male classmates would not listen to my ideas and went so far as to meet without me.”

    Kathryn was determined to complete her course, though, and finally graduated from the University of Pittsburgh in 1984
    with a degree in BS biochemistry.

    She initially worked for a small Japanese-owned commercial analytical laboratory where she later discovered that men were paid $0.50 an hour more than women.

    “It was the equivalent of a car payment back then,” she said.

    A year later she was working as a lab technician at a nationwide metal company’s research facility, where she was responsible for a specialised piece of analytical equipment.

    “I was very proud of the work I did,” she said.

    The job required a specialised set of tools, which kept disappearing.

    “A colleague told me that he had lent them to someone, but he could never remember who,” she said. “I got to the point where I couldn't do my job because I had no tools.”

    Thankfully her understanding male boss replaced the tools – and offered her a safe place to store them.

    At the time, Kathryn remembers feeling frustrated, but today she realises what her colleague was trying to achieve. 

    “It was just a very passive, aggressive way of saying, you shouldn't be here,” she said.

    Despite the negativity that surrounded her, though, quitting was never an option.

    “I saw other women leave because they weren’t prepared for some of the resistance,” said Kathryn. “But I never felt like giving it up because it was something I loved.”

    She went on to co-author several patents and started working on a company-subsidised Master’s Degree despite being told she could never be promoted to a scientist even if she got her degree.

    Finally, she decided to leave and secured a job as a chemist at a small analytical equipment manufacturer.

    “It was 1989 and it was the first place I worked that considered me as an equal to my male counterparts,” she said.

    Two years later she moved to Houston to become a chemist at Solvay.

    At the time, it never occurred to her that her views and abilities were being challenged more than her male colleagues.

    All she knew was that she would only be treated as an equal there if she could prove she was capable wof doing the job. Equality, however, didn’t always extend to the facilities.

    “If you needed to use the bathroom, you had to leave where you were and go to the administration building to use the ladies’ room,” said Kathryn. “It was about a 10-minute walk.”

    Thankfully, as more women started to join the company, management recognised the need for change, and some of the men’s rooms became women’s rooms.

    “Not everyone was happy about that,” she said.

    Kathryn later moved into the Tech Service & Product Development group.

    “There was only one woman in the group apart from me,” she said.

    Within a few years, though, she was managing the polypropylene TS&D group After BP acquired Solvay’s Houstonbased polypropylene assets in 2001, Kathryn was transferred to BP’s research centre near Chicago, only returning to Houston when INEOS bought most of BP’s chemical assets in 2005.

    Today, she’s happy and fulfilled in her role at INEOS which has given her tremendous freedom over the years to make a difference.

    “Over time, I've really seen a major change and a major shift,” she said. “I don't hear about some of the issues that we used to hear about. I don't think everything's solved, but I think that we've really come a long way.”

    What’s particularly pleasing to Kathryn is seeing men and women engineers or plant operators working together.

    “I see more of an equal footing than I've ever seen before,” she said.

    But Kathryn believes what has really made the difference is INEOS’ commitment to diversity.

    “Sometimes I think that's taken the wrong way,” she said. “Some see it as ticking a box but it goes deeper than that."

    “When you hire people with different experiences, from different backgrounds, and who have different ways of looking at life, you  have a bigger diversity of problem solvers.”

    And that, she said, is where real power lies.

    “You want that diversity of thought,” she said. “You need people who look and think differently. We should want diversity in the workplace because we are better for it.”

    Her own team reflects that approach. She works alongside a former teacher, an exercise scientist, a graphic designer and a PR expert.

    “None of them came from a corporate background but they're really phenomenal people with some really specialised skills,” she said.

    Despite all the positive changes, Kathryn believes some things will only change when people recognise their own prejudices.

    “We all have our way of looking at the world,” she said. “But we need to make sure we are not unfairly judging or limiting people based on our own prejudices. We need to look at people as individuals. 

    “There's still work to be done but I'm pleased that we've come a long way and I look forward to future generations making things even better.”

    TODAY Stacy Putman is in charge of producing many of the leaders of tomorrow for INEOS’ businesses in the US.

    The careers of more than 300 people are currently in her hands. “It’s the most amazing job I have ever had,” she said. “I am helping them to develop the skills to make them great leaders of the future.” She understands how important it is to help, guide  and support employees, because it’s what was lacking when she set out on her own journey 40 years ago. Back then, the world she entered was really for men only.

    “I had studied chemistry at school and really liked it,” she said. “It was like magic and cooking at the same time.”

    But after securing a place at Texas Tech University to study chemical engineering, an advisor took her to one side.

    Find a husband quickly and then you can transfer to an easier degree, or you can just quit, he told her.

    “It was pretty disheartening because this was the early 80s, not the 1940s,” she said.

    She did find a husband on the course, but she also decided to stay, graduated and joined the world of work.

    But hers has not been an easy journey.

    “The view was if you don’t like it, leave,” she said. “It was very much sink or swim. If you could swim, then you might get some neat opportunities or you might not. No one understood community or networking, other than the good old boy network.”

    Stacy said she was always made to feel that she was ‘taking the place’ of a man by simply working.

    “We accepted a lot of things and attitudes then that we certainly would not accept today,” she said.

    A few years ago, she experienced a huge – and welcome – change. She was asked by INEOS O&P’s board of directors to lead a polypropylene facility in California. The job would mean moving 1,800 miles.

    “I was thrilled and challenged to be given such an opportunity,” she said. “I told my manager that I had watched and learned from a lot of our other site directors.”

    But that’s not what he wanted to hear. He didn’t want her to copy what men had done. He wanted her to forge her own path. To be herself.

    “I was being asked to go and set the course for the future for that plant and do it the way I saw was needed,” she said. “Not follow what the guys had done.” She left for California.

    “I had never experienced that before in my life,” she said. “I made my own decisions and led a team to make recommendations. It was the best job and best experience I had ever had in my entire career.”

    Stacy praises INEOS’ senior leadership team.

    “For some time now, they have understood the importance of a diverse workforce and diverse leadership,” she said. “And I think we've started to see the benefit of that in different locations and different roles.”

    But she believes women are sometimes holding themselves back from these opportunities.

    “Just because you have never seen a woman in a role at INEOS doesn’t mean that you shouldn’t apply for it,” she said.

    “I’ve always replaced a man in every role I’ve ever had in my career. Women, and really everyone, should not hold themselves back because they don’t look like the person in the job.”

    “So could a woman be a maintenance manager? Could a woman be a business director? Could a woman be a fire chief? That's happening all over our industry today. Until we see it repeated, society will continue to question whether or not some of these roles are really the right roles for women. Let’s keep this going so we can repeat, repeat, repeat.”

    WOMEN were still in the minority when Cassie Bradley signed up to study chemical engineering at the University of Illinois at Urbana-Champaign in 2012. Family and friends were supportive of her choice, but others often seemed surprised. “The surprised reaction wasn’t unusual,” said Cassie. “And looking back, it did have a negative effect because it reinforced the feeling that I was out of place or didn’t belong there.”

    But since 2015, she has been working for INEOS and has had a very positive experience.

    “INEOS is a good place for women to work,” she said.

    But she believes the company could make it even better by engaging with the women’s groups that now exist within the company.

    “INEOS could learn from these women’s experiences, identify the reasons why so few women are in senior executive roles and, more importantly, work out how to close the gap,” she said.

    Cassie, who initially worked as a production engineer at the company’s Channahon polystyrene plant, launched Lean Into Success, women’s networking group at INEOS Styrolution.

    It is one of several groups that now exist within the INEOS group.

    “It is important for women to be part of organisations like this so they can learn from each other and find mentors,” she said.

    “Although we may ultimately realise we are a minority, we can build a community of belonging within the organisation.”

    One reason why Cassie believes very few women become senior executives is due to visibility. Or lack of it.

    “Women don't see other women in those roles, so they don't view themselves in those roles, and therefore don't aspire,” she said.

    She felt women could help support each other by learning how to ‘lean in’ and push outside their comfort zones to demonstrate they had the skills to become a leader.

    “Women are often not given the benefit of the doubt and have to perform at a higher level early on in order to be considered as a future leader,” she said.

    But Cassie, who is the sustainability commercial manager at INEOS Styrolution, remains optimistic about the future for INEOS. And for women in INEOS too.

    “Traditionally there has been a difference in expectations between men and women in the home as well as the workplace,” she said. “A lot of times women have a full-time second job at home as well as what they're doing at work which strains both their physical and mental energies.

    “But that’s changing. Men want a good work life balance too. We all want to be successful both at work and at home.”

    “I was being asked to go and set the course for the future for that plant and do it the way I saw was needed. Not follow what the guys had done.”

    FRAN Millar freely admits that she was once loud, pushy and aggressive at work. She saw it as the best way to operate in male-dominated environments.

    “I just used to go at  it,” she said. “But I was like a bull in a china shop and I would leave a trail of destruction behind me.”

    Today she is CEO of INEOS Belstaff and credits those who helped her early on in her career to refine her leadership skills.

    “They sort of course corrected me,” she said. “I was lucky. They showed me how to refine how I operated and refine how I dealt with people without compromising who I am and my own principles.”

    Fran had left school at 18 because she didn’t want to go to university. She initially worked as a PA to Anthony Boucher and Peter Worth,
    businessmen with a track record of event management and representing athletes including Björn Borg.

    When Fran’s brother, David, took the yellow jersey on stage one of his debut Tour de France, Anthony suggested she should consider
    managing him.

    “He thought I was a pretty awful PA but felt I had the attitude needed to manage talent,” she said.

    She went on to set up her own talent and event management agency, FACE Partnership.

    Within two years she was representing most of the major cycling talent in the UK, including her brother, Mark Cavendish and Geraint Thomas.

    In mid-2003 she came up with a concept for a major track cycling event that would showcase the very best of international track talent in the UK’s only international standard velodrome in a Saturday night format that involved live music and track centre entertainment.

    “Everyone told us it wouldn’t work, but in the end they had to delay the start because the queues were so big that they couldn’t get everyone into the venue,” she said.

    Revolution went on to become the most successful track cycling event in the UK at a time when British Cycling was achieving unprecedented success – with the track team consistently dominating international competition.

    The hugely successful national programme was producing talent in all disciplines of the sport under the leadership of Dave Brailsford.

    In 2007 the Tour de France started in London, with five British riders in five different teams and the seed was planted that the time had come to build a British team.

    Dave approached Fran to help with the project and, over the next 18 months, Team Sky took shape.

    Fran, who supported Dave in the project management whilst he focused on the Beijing Olympics, was fundamental in helping to build and project manage the team’s creation.

    “We were working 24 hours a day, seven days a week and doing everything we could to make it successful,” she said.

    In the 10 years of Team Sky they won six Tours, with four different riders.

    When Sky ended their involvement in cycling, INEOS and Sir Jim Ratcliffe stepped in to take over the team, which became Team INEOS in May 2019.

    As part of the INEOS ownership Dave and Fran were asked to support in the concept, management and delivery of the INEOS 1:59 Challenge.

    “We were being asked to do something that nobody had ever been able to do before,” she said. “It was such a massive undertaking. But it would not have happened if it had not been for INEOS and Jim.”

    It is that INEOS spirit – and that belief that anything is possible – that Fran admires greatly. 

    “I believe in what the business stands for, its values, how it operates, and how it treats people,” she said. 

    Not long after Eliud Kipchoge’s historic run in Vienna, Fran was offered another challenge – as CEO for INEOS’ fashion business Belstaff.

    Her whole life changed in five days as she left her life in Manchester to begin a new role in London.

    Looking back, despite her own personal success story, she knows that many women, women of colour and people with disabilities have struggled with 
    the uneven playing field.

    “I have had nothing but backing since I joined INEOS,” she said. “INEOS doesn’t care whether I am male or female.” But she is aware of the need to help where she can.

    “We have a diversity panel on Belstaff, and levelling the playing field is important when you are in a position of leadership,” she said.

    “But getting enough women into businesses, getting enough people of colour into businesses, getting enough diversity into businesses, starts way further
    down the pipeline than people realise.

    “It's like sport. You don't have any talent in sport if you don't start at development level and build them through the talent pathway.”

    ANUPRIYA Gupta comes from a family of chemical engineers. Her father was one, so too was her grandfather. So both were supportive when she decided she too wanted to become a chemical engineer.

    For the past three years she has worked at INEOS O&P at Chocolate Bayou in Texas. It’s an environment dominated by men.

    “Frequently being the only woman in the room, I always wondered what to do,” she said. “I was hesitant to speak out in case my ideas got passed up because I had a unique perspective.

    “But I also thought that the only way to find out the answer would be to jump straight in.”

    And that’s what she did, starting with asking colleagues very early on to learn how to pronounce her name, rather than giving her a nickname.

    “My name is my identity,” she said. “It’s who I am. If you change my name, you change my identity.”

    As a process engineer, she is responsible for the day-to-day performance of the plant to ensure it runs smoothly and efficiently.

    “Occasionally I have been on the receiving end of some strange looks,” she said. “But having that pushback to some of my ideas has just made me a stronger engineer.”

    Over the past few years, she has witnessed and welcomed change and changing attitudes within INEOS.

    “I can see the transition happening,” she said. “INEOS is definitely moving in the right direction in terms of diversity in the workplace.”

    Anupriya said a diverse workforce was important.

    “We need people looking at the same problem from a different perspective,” she said. “If we don’t, if we are all looking at it from the same place, how are we going to be trailblazers in our industry?”

    She said she was encouraged when she attended a recent career fair with a team of engineers from INEOS. “We did a good job of setting the standard because we were a team of mainly women,” she said. 

    EVIDENCE has shown that for a woman to succeed in a male-dominated industry, confidence matters as much as competence.

    Gabriela de Gouveia, who joined INEOS Styrolution in Switzerland in May 2022, believes that to be true. “In my career, there have been times when I have faced prejudice outside the company,” she said. “But I have found it is important to manage those situations confidently.” The problem is that women are sometimes less self-assured than men.

    Gabriela is a commercial product manager whose job involves managing the supply and demand of a range of plastic products.

    In addition to deciding the price and analysing the market, she is the intermediate between the sales and supply chain teams.

    She says it is sometimes challenging to work in an industry dominated by men, but is full of praise for INEOS’ approach to women in the workplace.

    “Women are generally well received and encouraged to improve and grow,” she said.

    Her hope, though, is that more women seek jobs in the chemical industry.

    “If more women join the field and break stereotypes, there will be a greater acceptance of women in the industry,” she said.

    “It is sometimes challenging to work in an industry dominated by men, but is full of praise for INEOS’ approach to women in the workplace.”

    AN ORGANISATION, which was founded by Facebook’s former chief operating officer to empower women at work, continues to spread its wings. More and more women around the world are now setting up their own Lean In Circles so they can share their struggles, get and give advice and celebrate their achievements.

    “Just hearing how somebody else went through a battle can be so encouraging and spark new ideas for you,” said Cassie Bradley, a sustainability commercial manager who set up a Lean In Circle for her female colleagues at INEOS Styrolution in Illinois in America. The small group of women now meet regularly.

    “Lean In Circles are all about peer mentoring,” she said. “We share experiences and ideas, and give feedback when we succeed and when we fail.”

    Lean In was founded by Sheryl Sandberg, a Harvard-educated mother of five who stepped down as Facebook’s chief operating officer last year to focus on her philanthropic work.

    In 2010, she gave a TED talk in which she called on women to believe in themselves and their own success.

    “Women systematically underestimate their own abilities,” she said. “Men will attribute their success to themselves. Women will attribute it to other external factors. If women do a good job, they will say someone helped them, they got lucky and worked really hard.”

    INEOS Köln in Germany has also recently introduced a Lean In Circle.

    “I really hope this will help my female colleagues to develop their communication and leadership skills and stand up for their needs,” said Anja Hilden, who has worked for the chemical industry for more than 30 years.

    “I was very often the only woman in the department which was challenging because you didn’t have role models, so you had to invent yourself.”

    LISA Wiedenhaus has no qualms about working in a male-dominated industry because, at INEOS Köln in Germany, the fact she is a woman is irrelevant. Everyone, she says, is treated equally.

    “Sometimes I realise that I am the only woman in a meeting, but nobody makes me feel as if I am,” she said. “It makes no difference to them. We all get the same chances, are appreciated and taken seriously.”

    Lisa officially joined INEOS in October 2016 after graduating from the European University of Applied Sciences in Brühl, Germany.

    But by then, she had actually been working for the company for three years as part of a dual-study programme after finishing school at 19.

    “The programme allowed me to study and work at the same time,” she said.

    Today, she is an energy business controller, with responsibility for reviewing the monthly results of the Köln energy business, and providing business analysis
    to the Energy Commercial Manager to enable him to deliver business targets.

    She also produces management reports that are used to make economic decisions.

    It is a job she loves. “I cannot think of any aspect or situation in which being a woman would be disadvantageous,” she said.

    “Even after maternity leave, most women come back to either the same job, or at least a very, very similar job which makes it easy to return to work.”

    Although she feels confident and supported at work, she values the opportunity to meet other women working in INEOS.

    “It is always good to share experiences and listen to each other’s problems, but it is equally important to hear about each other’s successes,” she said. 

    AN ORGANISATION, which was founded by Facebook’s former chief operating officer to empower women at work, continues to spread its wings. More and more women around the world are now setting up their own Lean In Circles so they can share their struggles, get and give advice and celebrate their achievements.

    “Just hearing how somebody else went through a battle can be so encouraging and spark new ideas for you,” said Cassie Bradley, a sustainability commercial manager who set up a Lean In Circle for her female colleagues at INEOS Styrolution in Illinois in America. The small group of women now meet regularly.

    “Lean In Circles are all about peer mentoring,” she said. “We share experiences and ideas, and give feedback when we succeed and when we fail.”

    Lean In was founded by Sheryl Sandberg, a Harvard-educated mother of five who stepped down as Facebook’s chief operating officer last year to focus on her philanthropic work.

    In 2010, she gave a TED talk in which she called on women to believe in themselves and their own success.

    “Women systematically underestimate their own abilities,” she said. “Men will attribute their success to themselves. Women will attribute it to other external factors. If women do a good job, they will say someone helped them, they got lucky and worked really hard.”

    INEOS Köln in Germany has also recently introduced a Lean In Circle.

    “I really hope this will help my female colleagues to develop their communication and leadership skills and stand up for their needs,” said Anja Hilden, who has worked for the chemical industry for more than 30 years.

    “I was very often the only woman in the department which was challenging because you didn’t have role models, so you had to invent yourself.”

    20 minutes read Issue 24
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    Full of eastern promise

    INEOS has signed four deals that will significantly reshape – and strengthen – its business in China.

    INEOS Chairman and Founder Sir Jim Ratcliffe said the joint ventures with state-owned SINOPEC would establish ‘a very large footprint’ for INEOS in China.

    “Both parties recognise the potential for closer collaboration across a number of other areas as we look ahead,” he said.

    SINOPEC has agreed to sell a 50% stake in Shanghai SECCO Petrochemical Company Limited to INEOS.

    The Chinese company is currently capable of producing 4.2 million tonnes of vital raw materials including ethylene, polystyrene and acrylonitrile.

    In addition, INEOS and SINOPEC have agreed to form two joint ventures to increase production of high-density polyethylene (HDPE) and acrylonitrile-butadiene-styrene (ABS) to meet China’s rapidly growing domestic market.

    As part of the ABS joint venture, SINOPEC will acquire a 50% stake in INEOS Styrolution’s Ningbo plant, which is currently being built and expected to become operational next year.

    “INEOS Styrolution has come a long way from being a joint venture itself in its early years,” said CEO Steve Harrington.

    “After acquisitions and investing into new greenfield production sites, setting up this joint venture with a strong partner in China feels like the natural next step for growth.

    “This collaboration with SINOPEC allows us to continue to grow in China in fast-forward mode.”

    INEOS Styrolution and SINOPEC also plan to build two additional ABS plants, based on INEOS’ world-leading technology.

    One will be in Tianjin where the two companies also intend to build a new HDPE plant to manufacture high density polyethylene.

    Long-term they hope to build at least a further two HDPE plants.

    INEOS and SINOPEC have also announced a joint venture agreement that will see INEOS acquire a 50% share in the existing Tianjin Nangang Ethylene Project from SINOPEC.

    The project is currently building a 1.2 million tonne ethane cracker, expected to come on-stream at the end of 2023, and downstream derivative plants in Tianjin.

    INEOS and SINOPEC have worked together for years.

    “Through this close relationship SINOPEC gains access to some of the best downstream technology in the world from INEOS and INEOS achieves a substantial presence in China, which is the fastest-growing market in the world,” said Jim.

    In 2013 INEOS began building the largestever acetone and phenol production plant in China after signing a joint venture with SINOPEC Yangzi Petrochemical Company.

    And last year INEOS inherited a joint venture with SINOPEC after it bought BP’s global acetyls and aromatics business for $5 billion.

    2 minutes read Issue 24
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    Liquefied Natural Gas

    INEOS is stepping up to help Europe cut its greenhouse gas emissions – to fill the gap left by Russian gas, and to help alleviate the structural energy issues in Europe. It has signed a contract with Sempra, an American energy  infrastructure company, to start exporting 1.4 million tonnes of affordable, clean and reliable energy every year for 20 years, from 2026.

    The decision to start exporting liquefied natural gas from the US Gulf Coast – and enter the global LNG market – is a first for INEOS, and comes at a time of significant transformation in the energy industry.

    “We are looking forward to building a longterm relationship with a company that shares our vision of increasing the world’s energy security while simultaneously advancing lower-carbon energy sources,” said Justin Bird, CEO of Sempra Infrastructure, which will be developing the export terminals.

    Brian Gilvary, Chairman of INEOS Energy, said INEOS also intends to build partnerships with other industrial users of energy in Europe to help them access the same competitive sources of energy.

    “We will be the first market entrant to operate in this way in many years,” he said.

    Although INEOS has never shipped LNG before, it has been safely transporting America’s competitively-priced liquefied ethane gas to Europe since 2015.

    David Bucknall, CEO of INEOS Energy, described Sempra as experts in building and operating LNG facilities and said the American company shared its vision.

    “This agreement is an important part of our strategy,” he said. 

    The LNG will be delivered free-on-board from either the proposed LNG processing and export facility in Jefferson County, Texas, or the Cameron LNG Phase 2 project in Hackberry, Louisiana. 

    INEOS, though, remains committed to achieving net zero by 2050 across its operations.

    “The company is working to decarbonise the supply chain through carbon capture and storage and provide optionality for alternative sources of energy, such as its leadership in the production of hydrogen, as we develop them over time,” said David. 

    Sempra’s agreement with INEOS is a preliminary non-binding arrangement, and the development of the Port Arthur and Cameron sites are subject to securing all necessary permits, signing  engineering and construction contracts, obtaining financing and a final investment decision.

    2 minutes read Issue 24
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    Hydrogen-powered Grenadier

    INEOS has built a hydrogen-powered 4x4 to prove its commitment to net zero. It can do everything that a diesel or petrol-run Grenadier can do, but it emits nothing but water vapour.

    What’s stopping it hitting the road? A lack of infrastructure in the UK.

    HYDROGEN has long been championed as the fuel of the future because it produces zero emissions when used for energy. But it’s also been put on a back burner for years, much to INEOS’ dismay. Now, to demonstrate its own commitment to net zero, INEOS has built a hydrogen fuel cell variant of its 4x4 Grenadier that emits nothing but water vapour.

    “It’s an extraordinary vehicle,” said Lynn Calder, CEO INEOS Automotive. “It’s capable of doing everything a conventionally-powered Grenadier can do, but with zero emissions.”

    The Grenadier Demonstrator made its global debut earlier this year at the Goodwood Festival of Speed.

    It is fitted with BMW Group’s latest hydrogen fuel cell, zero-emissions powertrain, which is considered to be the most advanced and powerful in the car industry.

    The project to develop a hydrogen-fuelled Grenadier began in June 2022 with one, clear aim: its on- and off-road capabilities and towing capacities must not be compromised.

    To ensure they weren't, the 4x4 underwent rigorous testing, which included the notorious trails of the Austrian mountains and the various offroad challenges around Graz.

    Over the years there has been widespread debate about the pros and cons of electric versus hydrogen vehicles.

    INEOS Automotive will bring a battery electric 4X4 to market in 2026, but believes there needs to be a mix of powertrains, with different technologies suited to different uses.

    Electric batteries are viewed as ideal for city centres and short journeys, but unsuitable for haulage and public transport because of their weight, charging times and range.

    Filling a car or truck with hydrogen, on the other hand, is quick and easy. But there just aren’t enough hydrogen refuelling stations.

    “Our demonstrator proves that the technology is capable,” said Lynn. “What we need now is support from policymakers to help provide the infrastructure for the next generation of hydrogen vehicles.”

    INEOS already produces and uses 450,000 tonnes of low carbon hydrogen every year, the equivalent of replacing up to 2 billion litres of diesel.

    The company is Europe’s largest existing operator of electrolysis, the critical technology which uses renewable energy to produce hydrogen for power generation, transportation and industrial use.

    “Along with our all-electric model due in 2026, our hydrogen-powered Grenadier Demonstrator shows INEOS’ commitment to net zero and to hydrogen as a key fuel of the future,” said Lynn.

    2 minutes read Issue 24
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    Hydrogen pipeline trial

    PIONEERING research is to be carried out to discover whether existing natural gas pipelines in the UK can be repurposed for hydrogen. The research is critical to understanding whether hydrogen can replace natural gas in the UK’s gas network and help to decarbonise heating.

    INEOS will supply hydrogen to SGN, which will flow through a 30km decommissioned pipeline between INEOS’ Grangemouth refinery and Granton on the outskirts of Edinburgh.

    Andrew Gardner, chairman of INEOS Grangemouth, said if the trial – the first of its kind – was successful, the Scottish petrochemicals site could become a hub for hydrogen production, use and export.

    “Hydrogen gas behaves slightly differently from natural gas, so it is important to understand what is needed to repurpose the pipeline, and the wider 11,000km of local transmission system (LTS) pipelines throughout the UK, to carry hydrogen,” said Gemma Simpson, SGN Director of LTS Futures.

    “SGN’s LTS Futures project combines a suite of laboratory and offsite testing in preparation for a live trial of the Grangemouth to Granton pipeline.”

    In August, the energy regulator Ofgem approved the research to understand if the Grangemouth to Granton pipeline could be repurposed for the live trial.

    “The offsite trials’ work will allow us to develop and test procedures for making new connections to the live trial pipeline,” said Gemma.

    The project is currently developing evidence for the next stage.

    If successful, SGN will be able to carry out a live trial next year, which will deliver a blueprint for repurposing the UK’s LTS network, driving decarbonisation and supporting SGN’s net zero goals.

    Frazer Smith, Business Manager for INEOS FPS, said the trials were important.

    “With the project programme concluding in 2025, vital learning and validation of the hydrogen evidence base will be available to support both Scottish and UK Government decarbonisation policy, including the UK Government’s heat policy decisions due for 2026,” he said.

    SGN’s local transmission system is part of the national critical infrastructure that reaches millions of homes and businesses across the UK.

    “We believe hydrogen has the potential to provide customers with a choice on how they heat their homes as part of a whole systems approach for decarbonising heat,” said Gemma.

    The trial is the latest good news for the Grangemouth site.

    Earlier this year, INEOS invited major engineering design contractors to tender for the next stage of its world-scale hydrogen production plant.

    Once built, clean, low-carbon hydrogen will be used to power its processes and manufacture vital materials for a wide range of sectors, cutting emissions by more than one million tonnes of CO2 each year.

    “We are determined to reduce our own emissions to net zero by 2045, create products that will help others reduce their emissions and play a leading role in a clean hydrogen revolution,” said Andrew.

    The €1.2 billion investment by INEOS in blue hydrogen is allied to carbon capture technology.

    Carbon captured during the process will be piped offshore and permanently stored in rock formations deep below the North Sea.

     

    “We believe hydrogen has the potential to provide customers with a choice on how they heat their homes as part of a whole systems approach for decarbonising heat”

    – Gemma Simpson, SGN Director of LTS Futures

    3 minutes read Issue 24
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    Hydrogen – European governments support INEOS

    INEOS is not short of ambition when it comes to hydrogen and how it can help cut greenhouse gas emissions. But it cannot do  anything without government support. Europe’s on board, but more is needed from the UK Government.

    GOVERNMENTS around the world are now investing their time, energy and money in hydrogen projects. For INEOS, that is good and
    welcome news. “The lead in all this has to come from industry, but we cannot do anything without government support,” said Wouter Bleukx, INEOS' Hydrogen Business Manager, who likened it to the early days of wind power, which attracted significant government investment. “That’s what we need here,” he said.

    Governments in Norway, Belgium and Germany are all investing in hydrogen projects put forward by INEOS.

    “Hydrogen projects are not without risk because they are extremely expensive, but if we didn’t believe in this, we wouldn’t be doing it,” he said.

    INEOS was recently awarded €770,000 to carry out a feasibility study to see whether green hydrogen can be integrated at INEOS’ O&P site in Köln, Germany, and converted into green ammonia by INEOS Nitriles.

    Producing green ammonia could cut global greenhouse gas emissions by almost 1% every year.

    In April this year, the Norwegian government gave INEOS Inovyn €1 million to thoroughly analyse its Project Aquarius plans to build one of Norway’s first hydrogen plants at its chemical manufacturing site in Rafnes.

    “We support those who take the lead in technology development,” said Nils Kristian Nakstad at Enova, a state enterprise owned by Norway’s Ministry of Climate and Environment.

    Geir Tuft, CEO of INEOS Inovyn, said the Aquarius project was an important part of INEOS' strategy to take a leading role in developing industrial-scale hydrogen manufacturing.

    Zero-carbon electricity will be used to produce clean hydrogen through the electrolysis of water.

    These government investments follow similar funding for an ambitious project in Belgium to investigate the possibility of mixing captured carbon dioxide waste with sustainably-generated hydrogen to produce methanol, a chemical widely used in everything from medicines, clothing and paints, to car parts and fuel.

    If the consortium agrees, a plant, capable of producing 8,000 tonnes of sustainable methanol every year, will be built at INEOS Inovyn's chemical manufacturing complex at Lillo.

    The UK government has so far been slower to react, but Wouter said INEOS Inovyn, which has been producing and using low-carbon hydrogen in the UK for over 100 years, was pressing ahead with its plans for its Runcorn site regardless.

    It is currently building a compression unit to increase the supply of hydrogen to help fuel the UK’s transport network – and produce hydrogen-powered stationary fuel cells, allowing polluting diesel generators to become a thing of the past.

    Funding, though, will be sought for its planned electrolyser.

    “We are planning to apply for government funding, but if it is not forthcoming, we will have to look elsewhere,” said Wouter.

    What INEOS hopes to establish, through its many hydrogen-based projects around the world, is credibility.

    “We are gaining a lot of expertise, a lot of knowledge, a lot of networks and a lot of partners,” he said. “But we need to make something work on the ground before we set off on another big adventure.”

    INEOS believes in a future powered by hydrogen.  The challenge for its hydrogen team, which recently doubled in size, is convincing governments that a net zero economy by 2050 will be impossible without it.

    For INEOS’ ambitions don’t end here.

    It is already exploring the possibility of building a large-scale electrolyser ‘in a windy and sunny place’ so it can produce enough cheap green hydrogen – and its derivatives – to be transported to the European market.

    INEOS wants to be at the forefront of the energy transition and is prepared to invest to make that happen.

    3 minutes read Issue 24
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    Carbon Capture & Storage

    INEOS has helped to prove to the world that CO2 can be safely captured, transported and injected into retired oil and gas wells under the seabed. On March 8th 2023 it achieved the world’s first cross border off-shore CO2 storage initiative intended to mitigate climate change. The successful trial saw CO2, captured from INEOS Oxide’s plant in Belgium and shipped 500 miles by Danish Shipping to INEOS’ Nini offshore oil platform in the Danish North Sea.

    There, the liquefied gas was injected into the retired oil reservoir 2km under the seabed.

    The INEOS-led Project Greensand was hailed as a big moment for Europe’s transition to a greener economy and the world’s understanding of carbon capture and storage.

    “You have shown that it can be done,” said Ursula von der Leyen, President of the European Commission in recognition of the Greensand project and the first injection event in Denmark on March 8.

    “You have shown that we can grow our industry through innovation and competition, and at the same time, remove carbon emissions from the atmosphere, through ingenuity and cooperation.”

    There to witness the historic moment was Denmark’s Crown Prince Frederik, Brian Gilvary, Executive Chairman of INEOS Energy, and Hugo Dijkgraaf, Chief Technology Officer at Wintershall Dea, which, along with INEOS, headed the consortium of 23 organisations involved in Project Greensand.

    “This project proves that carbon capture and storage is a viable way to permanently store CO2 emissions under the North Sea,” said Hugo. Anne H. Steffensen, CEO of Danish Shipping, said failure was not an option.

    “There is no way we could have failed on this,” she said.

    And the reason is simple. For carbon capture and storage is seen as critically important to help decarbonise the world’s energy and tackle climate change.

    The consortium of 23 partners is jointly led by INEOS.

    Project Greensand, as it is known due to the type of sandstone under the seabed, is the first time that the full value chain has been tested – and it is being done purely to protect the environment.

    “All the parts of the process had been developed and worked well in isolation,” said David Bucknall, CEO of INEOS Energy. “Connecting the parts and building the infrastructure was the challenge.”

    The plan now – following the successful trial – is to start operating commercially in 2025.

    Once fully operational, it should be able to store up to eight million tonnes of CO2 every year.

    There is immense pride within the company at being involved in such a ground-breaking project.

    Mads Weng Gade, CCO, Head of INEOS Energy Denmark, described it as a fantastic milestone in the fight against climate change.
    “I have been looking forward to this day for a very long time,” he said. “We have all shown true, pioneering spirit and worked hard to achieve this.”

    Many critics have argued that carbon capture and storage is unscalable, expensive and energy-intensive.

    But David, a former BP executive, said the project was based on proven technologies.

    “The pilot and development phases are about making them work together effectively,” he said.

    In December, the INEOS-led project received £22 million from the Danish government – the largest single grant ever awarded in Denmark.

    “Denmark has one of the most ambitious climate targets in the world and sees carbon capture and storage as one of the steps necessary to reach its goals,” said David. “This project will contribute significantly to Denmark's carbon reduction targets.”

    The project will also secure highly-skilled jobs.

    “It makes sense for the oil and gas industry to drive this new industry because they have many years of experience in this field,” said Mads.

    “We will be using the same infrastructure, the same geology and the same people who have detailed knowledge of these reservoirs.”

    Instead of dismantling oil rigs, they can be repurposed.

    Instead of gas flowing out, the process will simply be reversed to allow  carbon dioxide to be injected into the wells.

    INEOS’ long-term goal is to build a fleet of ships and CO2 storage facilities on land and a terminal so that the ships can dock, load the CO2 into containers and then sail out to the platform.

    “We anticipate Greensand to be competitive commercially once a commercial market for CO2 is up and running,” said David.

    5 minutes read Issue 24
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    INEOS Energy

    INEOS cannot survive without energy.

    And neither can the world. Both rely on oil and gas to function. And they will do for years to come until governments and consumers are able to tap into a source of energy that is reliable, affordable and sustainable.

    “Oil and gas companies can support this transition by providing alternatives, but they can’t make people buy electric cars or use less energy,” said David Bucknall, CEO of INEOS Energy and former head of BP’s global oil and low carbon trading businesses.

    INEOS, which manufactures essential chemicals for the preservation of food and water, for clothing, medicines, electronics, cars, planes, buildings, wind turbines and solar panels, has used gas and oil for decades. As both a fuel and as a raw material.

    INEOS also uses wind power and hydrogen to run some of its plants. Wood pulp and recycled plastic is also being used – instead of gas and oil – to make some of its products.

    “If we can, we are doing it,” he said.

    That transition is also one of the reasons why INEOS Energy was launched. The new business is designed to reflect the changing climate.

    “This isn’t green washing,” said Brian Gilvary, who became chairman of INEOS Energy after he retired from BP.

    “INEOS Energy is an exciting new business that incorporates all of the existing INEOS Oil & Gas assets and will also enable INEOS to become a powerful force in the coming energy transition.”

    Hydrogen and renewable energy will both play a huge role in that transition.

    INEOS has set out plans to develop ‘green hydrogen’ projects – using electrolysis and renewable energy – in Norway, Germany and Belgium, as well as the UK, which will also host the headquarters of its new hydrogen-focused unit.

    What industry needs, though, says INEOS, is greater policy certainty from government.

    “If the investment framework is in place, then investment tends to follow it,” he said. “Germany is very advanced. It has tax incentives and fiscal incentives which you need to create those investments.”

    The German government recently awarded INEOS €770,000 to carry out a feasibility study into its plans to build and operate a new green hydrogen plant at the Verbund site in Koln – a move that could cut CO2 emissions by more than 100,000 tonnes per year.

    “The funding decision shows the significance that the state attaches to our project,” said Dr Stephan Müller, Commercial Energy Manager at INEOS in Köln. “Water electrolysis for the production of green hydrogen is an incredibly important component of our ambitious sustainability agenda with the goal of reaching net zero by 2045.

    Those plans, though, are only part of INEOS’ €2 billion Euro package of green hydrogen projects across Europe announced in October last year.

    Prof. Dr. Andreas Pinkwart, Former Minister of Economics and Innovation, described the German project as an important step on the way to a climateneutral chemical industry in North Rhine-Westphalia.

    “In the future, the project can supply not only the Köln Chempark but also logistics with green hydrogen,” he said. “We need precisely such holistic projects to be successful in the transformation.”

    Up until 2015, INEOS had focused solely on chemicals.

    But in October of that year, it ventured upstream for the first time.

    It bought all the UK North Sea gas fields owned by the DEA Group, followed by Fairfield Energy Holdings Ltd’s 25% interest in the Clipper South platform. 

    Months later, INEOS bought DONG Energy’s entire oil and gas assets in the North Sea for more than €1 billion and acquired the 235-mile Forties Pipeline System, which delivers about 40% of the UK’s oil and gas to the mainland.

    They were landmark acquisitions and steered the company into new, exciting territory.

    Acquiring DONG Energy’s assets has also meant INEOS Energy is now at the forefront of one of the most exciting projects in the world.

    The Greensand carbon capture and storage project in Denmark has the potential to reduce the amount of CO2 emitted into the atmosphere efficiently and quickly.

    In March, the INEOS-led Greensand project achieved a world first, proving to the world that Carbon Capture and Storage (CCS) can work, after carbon dioxide (CO2) from Belgium was successfully captured, transported cross border and stored under the Danish North Sea in a retired INEOS oil reservoir.

    “It cannot stand alone, but it is an important tool if we are to solve the climate crisis,” said David.

    He said the determination to seek alternative, cleaner sources of energy was high on INEOS’ agenda.

    Each business has developed a roadmap – effectively an investment plan – to achieve net zero by 2050, while still remaining profitable and ahead of evolving regulations and legislation.

    “Based on the roadmaps developed to date, we will achieve a reduction of over 33% by 2030, the one third marker on the road to net zero,” he said.

    Its plans are also backed by investment.

    Over €6 billion is currently being invested in a wide range of projects that will reduce INEOS’ CO2 footprint by harnessing the power of a natural gas that INEOS has been producing as a by-product for 100 years.

    As Europe’s largest operator of electrolysis – the technology to produce hydrogen – INEOS is in a unique position to serve the hydrogen economy.

    In the UK, the focus is on green and blue hydrogen.

    Recently, INEOS also provided cornerstone funding for HydrogenOne Capital which was established to provide investors with opportunities in clean hydrogen and energy storage for the energy transition.

    Despite the huge strides that INEOS is making, the company believes that natural gas will still play a huge part in life after 2050.

    And it’s not alone in thinking that.

    The Gas Exporting Countries Forum, an international governmental organisation made up of 19 member countries, believes natural gas will actually increase its share in the global energy mix from over 23% today to 27% in 2050 – not least because the
    global population is set to rise by almost two billion to 9.7 billion by 2050, which will pile additional pressure on the demand for energy, food and materials.

    “Natural gas will come out on top in the global energy mix,” said a spokesman.

    It argued that despite ‘aggressive’ decarbonisation actions under the EU’s proposed Fit for 55 package, natural gas was still viewed as having a future.

    Earlier this year The European Commission also said that natural gas and nuclear power had a role to play in the shift to a renewable-based future.

    “It’s about time,” said Robert Bryce, author of A Question of Power. “The policymakers in Europe are finally embracing energy realism.”

    5 minutes read Issue 24
  • introduction-resized.png

    Impossible is not a word you hear very often in INEOS.

    At Eliud Kipchoge, the first man on earth to run a marathon in under two hours, isn’t alone in his belief that no human is limited. In this edition of INCH, INEOS once again shows that it thrives because it is willing to invest. In people. In ideas. In projects others dismiss as impossible.

    It is just another example of the mindset that runs through the heart of this extraordinary company. In 2015, INEOS made history by shipping ethane – from US shale gas – to Europe. A feat that many believed was impossible. But it is not only in the world of chemicals that INEOS continues to lead from the front.

    INEOS’ no-nonsense Grenadier 4X4 is now on sale to the public. It’s another major milestone in a journey that’s gone from a chat in a pub in London to full production at our factory in Hambach. A journey seen as a huge challenge throughout the automotive industry.

    INEOS Sport has brought together some of the best talent in global sport across Formula One, cycling, sailing, football, running and rugby.

    Over the past five years alone, it has committed almost £225 million to charitable causes.

    Thanks to INEOS, scientists are currently researching new, life-saving antibiotics to ensure we are not plunged back into the dark ages, experts are working how to save the Icelandic salmon from extinction and headteachers are involved in a radical scheme to try to tackle the root causes of poor performance in primary school children from deprived homes.

    And to top it all, The INEOS-backed Daily Mile is celebrating its 10th anniversary.

    1 minute read Issue 23
  • INEOS Grenadier - Morocco Testing 15.jpg

    Grenadier – ORDERS NOW OPEN

    Engine choice, paint colours, our Belstaff editions. Customers are now able to configure their vehicle to their precise specification, price it up and place an order - all at ineosgrenadier.com

    It’s another major milestone in a journey that’s gone from a chat in a pub in London to full production at our factory in Hambach. A journey seen as a huge challenge throughout the automotive industry.

    Order books are now open for Europe and other key launch markets. The USA, Canada and Mexico will follow by the end of this year, with first deliveries in 2023. For further information please visit: ineosgrenadier.com

    *Order books for USA, Canada and Mexico will open late 2022.

    1 minute read Issue 23
  • issue-23-cover-image-resized.png

    The final mile...

    As INEOS Automotive heads towards getting the vehicle into customers’ hands, we asked six familiar faces from the world of INEOS sport to put our rugged 4X4 through its paces on five final testing challenges.

    TOTO WOLFF
    Alpes-Maritime, Southern France

    As Team Principal and co-owner of the Mercedes-AMG Petronas F1 Team, Toto has clinched eight consecutive Formula One Constructors' Championships and seven consecutive Drivers' Championships. So, he clearly knows a thing or two about putting together a successful vehicle. He gunned the Grenadier around the mountains above Nice. Tackling rocks, snow, gravel trails and muddy tracks alongside co-pilot, INEOS Automotive CEO, Dirk Heilmann. They discussed bringing like-minded engineering partners, suppliers and specialists together, pushing to get the maximum out of a vehicle, and overcoming challenges to reach the end goal.

    ELIUD KIPCHOGE
    Western Cape, South Africa

    Who better to test the Grenadier’s capability than the first human to run a marathon in under two hours? The double Olympic champion and marathon world record holder drove the tough terrain of Grabouw, then along Chapman’s Peak, one of the most spectacular coastal drives in the world. He was joined by Tim Abbott, Head of Region, Sub-Saharan Africa, INEOS Automotive, as he talked about driving in Kenya, how his training targets all types of terrain, and how impressed he was by the tyres, clearance, and stability of the Grenadier.

    GEORGE RUSSELL
    Camel Rock, United Arab Emirates

    This year, George joined the Mercedes-AMG Petronas Formula One team. And also tackled The Final Mile. Shifting gears for a drive in the spectacular sand dunes of the Arabian desert. A more leisurely pace than he’s used to, for sure, but he still had plenty of insight into how our vehicle performed. Gary Pearson, Head of Sales & Marketing UK and MENA, was onboard with him to discuss how putting vehicles through testing and analysing data makes the end product even better, dealing with the pressure of expectation, and how the Grenadier easily handled the sandy surface.

    SIR DAVE BRAILSFORD + SIR BEN AINSLIE
    UK, Snowdonia

    Sir Dave Brailsford is Team Principal of the INEOS Grenadiers cycling team and Director of Sport, INEOS. Sir Ben Ainslie is Team Principal and Skipper of INEOS Britannia. Both have a deep understanding of what it takes to push the limits of what’s possible. Both search for small incremental gains that add up to success. And both took the wheel to analyse the Grenadier’s performance in Wales’ mountainous Snowdonia National Park. They chatted about attention to detail, how vital testing is in both their sports, having belief that you can achieve the impossible, and pushing bikes, boats, and 4X4s to the limit.

    ANDREW MEHRTENS
    Fraser Island, Australia

    Andrew is a New Zealand international rugby legend. Widely regarded as one the greatest players the country has ever produced, he amassed nearly 1,000 points over 70 international appearances. For the Final Mile, Andrew swapped position from 5/8th to 4X4, to tackle the deep sand tracks of Fraser Island off the coast of Queensland. He was joined by Justin Hocevar, Head of Region APAC INEOS Automotive, to talk about how passion can drive any sport or industry, the tenacity you need to get better, and the comfort and ease of driving the Grenadier offered whatever they threw at it.

    2 minutes read Issue 23
  • Grenadier - resized.jpg

    Grenadier x Belstaff

    Named after two of Belstaff’s most iconic jackets, these no-nonsense designs perfectly echo our own purpose-driven principles. Founded in 1924, Belstaff has a rich history of developing products envisaged for both function and progress. Protective suits for race-car drivers so they had the confidence to go faster. Windproofed smocks for Marines to help them weather any storm. Insulating clothing for mountaineers so they could venture further. Belstaff have long been the chosen outfitter for independent spirits: from Amelia Earhart and T.E. Lawrence to Marlon Brando. Together, we share an appreciation of the journey there - wherever there might be.

    THE TRIALMASTER
    Cut from 6oz British Millerain waxed cotton and featuring both a slanted map pocket and an ergonomic pivot shoulder for improved movement, the Trialmaster was created in 1948 at the request of professional Trials biker and Irishman, Sammy Miller. It remains a covetable classic to this day.

    THE FIELDMASTER
    Designed for life in the outdoors, the Trialmaster’s younger brother has a roomier fit, cropped body and more modern, functional styling – perfect for a day’s driving.

    GRENADIER TRIALMASTER

    For the most extreme off-road conditions, the Grenadier Trailmaster Edition ensures there are no limits to adventure.

    The Trialmaster Edition has been specified with extreme off-roading in mind. Whatever the terrain, the front and rear differential locks, BFGoodrich All-Terrain tyres, and raised air intake will keep you going. Secure your kit with the exterior utility belt or interior utility rails. And for plug and play capability, power up your equipment with the high load auxiliary switch panel and auxiliary battery.
    Belstaff Trialmaster Jacket included.

    TRIALMASTER EDITION:
    EXTERIOR FEATURES*
    - 17” Steel Wheels
    - Raised Air Intake
    - Exterior Utility Belt
    - Access Ladder
    - Rough Pack
    -- Differential Locks Front & Rear
    -- BFGoodrich All-Terrain T/A KO2 tyres

    INTERIOR FEATURES*
    - Interior Utility Rails
    - Auxiliary Battery
    - High Load Auxiliary Switch Panel & Electrical Preparation
    - Compass with Altimeter
    - Smooth Pack:
    -- Rear-View Camera
    -- Park Assist Front (PDC)
    -- Power Heated Exterior Mirrors
    -- Heated Windscreen Washer Jets
    -- Central Stowage Box, Lockable
    -- Puddle Lamps and Ambient Door Lighting
    -- Auxiliary Charge Points
    *In addition to Grenadier standard equipment

    GRENADIER FIELDMASTER
    For exploration and escapism without a fixed destination. The Grenadier Fieldmaster Edition gives drivers the option of anywhere.

    The Fieldmaster Edition has been specified for all of your adventures, on- and off-road. It brings comfort, style and refinement with interior leather, carpet floor mats and 17” alloy wheels. The heated front seats will keep you warm on cold days. And when the sun’s out, pop up or completely remove the safari windows for an open-air experience. Belstaff Fieldmaster Jacket included.

    FIELDMASTER EDITION:
    EXTERIOR FEATURES*
    - 17” Alloy Wheels
    - Locking Wheel Nuts
    - Safari Windows
    - Access Ladder

    INTERIOR FEATURES*
    - Leather Trim (Black or Grey/Black)
    - Heated Front Seats
    - Carpet Floor Mats
    - Compass with Altimeter
    - Smooth Pack
    -- Rear-View Camera
    -- Park Assist Front (PDC)
    -- Power Heated Exterior Mirrors
    -- Heated Windscreen Washer Jets
    -- Central Stowage Box, Lockable
    -- Puddle Lamps and Ambient Door Lighting
    -- Auxiliary Charge Points

    *In addition to Grenadier standard equipment

    GRENADIER PAINT COLOURS

    • SOLID
    • SCOTTISH WHITE
    • MAGIC MUSHROOM
    • ELDORET BLUE
    • BRITANNIA BLUE
    • SELA GREEN
    • INKY BLACK
    • METALLIC
    • STERLING SILVER
    • SHALE BLUE
    • QUEEN’S RED
    • DONNY GREY

    3 minutes read Issue 23
  • investment-projects-resized.png

    INEOS investments

    The big focus now is on achieving net zero by 2050 and INEOS is putting its money where its mouth is.

    Thanks to approval from the Province of Antwerp, it can soon start building the most environmentally-sustainable cracker in Europe – a move that will set the standard for all steam crackers.

    It has also struck long-term deals with three sustainable energy producers so it can drastically cut its CO2 emissions.

    It continues to collaborate with innovative companies that share its vision of a world where all plastic becomes part of the circular economy – and is never wasted.

    And even though the Acorn Carbon Capture and Storage project did not win UK government funding, from the first round, INEOS is pressing ahead with its plans to build a low-carbon hydrogen production plant at Grangemouth in Scotland.

    Once built, it will not only help INEOS to reduce its emissions, but it will create products that will help others to reduce their emissions and allow INEOS to play a leading role in a clean hydrogen revolution.

    These are exciting times – and INEOS is in the thick of it.

    ineos-investments.pngGreen Hydrogen
    USA
    INEOS enters the Liquified Natural Gas LNG market with a 1.4 million tonne per annum agreement with Sempra Infrastructure. Covered in our next edition

    Ethane carrier
    USA, Europe, China
    The largest ethane carriers in the world join INEOS’ fleet of gas ships to transport vital raw materials to China and the rest of the world.

    INEOS Energy
    USA
    INEOS enters the Liquified Natural Gas LNG market with a 1.4 million tonne per annum agreement with Sempra Infrastructure.

    Hydrogen production plant
    Grangemouth, Scotland
    World-class engineers tender for contract to design low-carbon hydrogen production plant at Grangemouth.

    Recycled food packaging
    Grangemouth, Scotland
    INEOS joins UK collaboration to create food-grade recycled polypropylene from recycled packaging.

    Green Hydrogen
    Germany
    INEOS in Köln receives state funding for Green Hydrogen feasibility study. The new plant could cut CO2 by more than 100,000 tonnes per year.

    Project One
    Antwerp, Belgium
    INEOS is building a new ethane cracker that will have the lowest carbon footprint in Europe

    Renewable electricity
    North Sea, Belgium
    INEOS signs three power purchase agreements with renewable energy producers to drastically cut its CO2 emissions in Belgium.

    Improved efficiency
    Merak, Indonesia
    $70m investment leads to increase in production and reduction in CO2 emissions.

    2 minutes read Issue 23
  • ineos-gets-cracking-resized.png

    INEOS gets cracking

    As part of project one, INEOS is building a steam ethane cracker that will have the lowest carbon footprint in Europe.

    CONSTRUCTION of the most environmentally-sustainable cracker in Europe has been given the go-ahead – and INEOS is now poised to start work on it. The granting of an environmental permit by The Province of Antwerp cleared the way for INEOS to build its state-of-the-art ethane cracker on the bank of the River Scheldt at Lillo in Belgium.

    • 2x More efficient than the best european cracker
    • 3x More efficient than the average european cracker
    • 5x More efficient than the worst european cracker

    “The urgency of tackling the climate problem is now clear to everyone,” said John McNally, CEO of Project ONE.

    “We do not want to stand on the sidelines as an industrial player. We want to make a fundamental difference as of today.”

    The cracker will be built using the very best of today’s technology.

    But it will also be designed so that it can take advantage of technologies that don’t even exist yet.

    Construction is due to start in 2023 and could take up to four years.

    Once work starts, INEOS will have to comply with some of the strictest environmental regulations in the world.

    But the knock-on effect of the Project ONE cracker, which will have the lowest carbon footprint in Europe, will be felt throughout the region.

    “It will set the standard for all steam crackers,” said Jonas Byns, lead process engineer in the cracker team of Project ONE.

    The cracker will generate about one and a half million tonnes of ethylene – an essential chemical used in everything from cosmetics, textiles, computers, smartphones, household appliances to food packaging and medical applications.

    But it will produce it with less than half the CO2 emissions compared to the current 10% of the best European crackers.

    “If we compare the Project ONE ethane cracker with all other European crackers within the European Emission Trading System (ETS), we literally see the standard shifting,” said Jonas.

    “The benchmark is determined by the 10% best-performing production sites. Once our ethane cracker is operational, it will affect the benchmark.”

    He said that would either encourage others to make additional, sustainable investments or face hefty emission fines.

    As it stands, Project ONE remains the largest investment in the European chemical sector in more than 20 years.

    But INEOS hopes its €3 billion investment will help to strengthen the resilience of the European chemical sector in a global economy.

    “Over the past 20 years, investments of this magnitude have gone primarily to regions such as China, the United States and the Middle East,” said John.

    “INEOS wants to break that trend.”

    The investment in the new plant in Antwerp – birthplace of INEOS more than 20 years ago – is expected to create 450 direct jobs and thousands of indirect jobs.

    ‘It will set the standard for all steam crackers’ - Jonas Byns, lead process engineer in the cracker team of Project ONE

    3 minutes read Issue 23
  • wind-power-resized.png

    Wind power

    Sustainable
    INEOS invest in three sustainable energy producers that will drastically cut CO2 emissions

    200MW
    of clean energy secured over next ten years

    3 million
    3 million tonnes CO2 reduction equivalent of taking more than 230,000 cars off the road each year

    ELECTRICITY, generated by the wind, is now being used to help run three of INEOS’ businesses. INEOS Olefins & Polymers, Styrolution and INEOS-owned INOVYN are all now using the renewable electricity, where they can, instead of fossil fuels. All this has been made possible by INEOS’ decision to invest in three sustainable energy producers.

    “The latest deal is with Eneco and increases INEOS' total Belgian offshore wind generation to over 200MW and reduces CO2 emissions by nearly 3 million tonnes,” said David Thompson, CEO of INEOS Trading.

    “That’s the equivalent of taking more than 230,000 cars off the road, in total, each year.”

    The 10-year deal with Eneco follows similar power purchase agreements with Engie and RWE.

    Eneco is now supplying INEOS with electricity generated in the North Sea at SeaMade, the biggest offshore wind farm in Belgium.

    “INEOS is a partner that can truly make a difference, so I am proud that Eneco has the opportunity to contribute to this.

    “Together we will be able to lower CO2 emissions significantly with the use of the sustainable energy generated at the SeaMade wind farm.”

    It is the largest power purchase agreement that Eneco has ever signed in Belgium – and utilises about 13% of the electricity it generates at SeaMade.

    David said all three deals showed that INEOS was committed to reduce greenhouse gas emissions from across its operations without damaging its ability to continue supplying the world with chemicals essential for modern life.

    "This agreement with Eneco represents another important step in achieving our long-term sustainability goals and underpins our commitment to reducing our carbon footprint,” he said.

    2 minutes read Issue 23
  • fresh-ideas-hero-resized.png

    Fresh Ideas

    Polypropylene
    Currently, all single-use, high-quality, polypropylene food packaging is currently made from ‘virgin’, fossil-based plastics.

    700,000
    In the UK alone, more than 700,000 tonnes of polypropylene is used every year.

    ‘INEOS’ commitment to closing the loop on such a prolific polymer as food-grade PP would help to create a more circular economy, reduce CO2 emissions and create new materials for brand owners.’ - Professor Edward Kosior, Founder and CEO of Nextek Ltd and NEXTLOOPP

    PLASTIC packaging keeps food fresher, for longer. Without it, many of the products on supermarket shelves would not survive the journey to the store. But there’s also a problem with it because most of it currently ends up in landfill, is incinerated or recycled into poorer products.

    Graham MacLennan, Polymer Business Manager at INEOS O&P UK, said that meant all single-use, high-quality, polypropylene food packaging was currently made from ‘virgin’, fossil-based plastics.

    “This problem isn’t unique to the UK,” he said. “It’s a large, global issue. But polypropylene needs to join the league of recycled plastics.”

    In the UK alone, more than 700,000 tonnes of polypropylene is used every year.

    Fast-moving consumer goods are quite literally wrapped in it, be it a pot, tub or tray.

    “It is one of the most versatile plastics in the world, but it is also missing from our recycling streams in food contact applications,” said Graham. To help, INEOS has now joined the NEXTLOOPP project, an exciting UK collaboration to create food grade recycled polypropylene from recycled packaging.

    INEOS will be at the centre of an important, two-year project that will lead to the creation of a plant in the UK to produce 10,000 tonnes of high quality food-grade recycled polypropylene every year.

    From its manufacturing base in Grangemouth, Scotland, and its extensive product and technical expertise across its European operations, INEOS will help to tailor new grades that not only satisfy retailers and brand owners, but also meet the strict standards laid down by the UK’s Food Standard Agency and the European Food Safety Authority.

    Professor Edward Kosior, founder and CEO of Nextek Ltd and NEXTLOOPP, said he was delighted that INEOS had become a partner.

    “The skills of INEOS in blending and compounding will be a huge benefit to the NEXTLOOPP project,” he said.

    Professor Kosior said INEOS’ commitment to closing the loop on such a prolific polymer as food-grade PP would help to create a more circular economy, reduce CO2 emissions and create new materials for brand owners.

    Nextloopp was launched by Nextek Ltd in October 2020 with the aim of closing the loop on food-grade polypropylene.Up to 39 organisations and companies are now involved.

    Among them is Unilever, which has pledged to include 25% of recycled content in its packaging by 2025.

    3 minutes read Issue 23
  • hydrogen-resized.png

    Hydrogen Power

    CO2
    Gas will be captured and stored permanently under seabed

    2030
    INEOS will be able to cut emissions by more than 60%

    £1billion
    Massive investment is needed to move to the production and use of hydrogen

    Hydrogen barge

    INOVYN is working with a Dutch company to develop Europe’s first-ever hydrogen-fuelled barge to transport chemicals. The barge currently runs on oil. But VT Group is stripping out the combustion engine and fitting the barge with hydrogen technology, so that it can run on unwanted, low-carbon hydrogen produced by INOVYN during its chemical manufacturing processes.

    “Our strong relationship with INOVYN has always enabled us to innovate,” said Niels Groenewold, CEO of VT Group.

    Once operational, the barge will ship vital raw materials for INOVYN between its Antwerp and Jemeppe sites in Belgium.

    Wouter Bleukx, Hydrogen Business Manager for INOVYN, said hydrogen-powered transport was going to play a critical role in Europe’s journey to net-zero. “This alone will cut CO2 emissions by about 1,000 tonnes a year,” he said.

    ANOTHER significant step has been taken by INEOS to ensure the sustainable future of its businesses at Grangemouth in Scotland. The world’s best engineering companies are currently tendering for the right to design a world-scale, low-carbon hydrogen production plant at the UK site.

    “This is an important step forward in our road map to net zero by 2045,” said Andrew Gardner, CEO and Chairman at Grangemouth.

    “It will help us to reduce our own emissions, create products that will help others to reduce their emissions and allow us to play a leading role in a clean hydrogen revolution.”

    Once built, the new plant will produce hydrogen from natural gas, capturing the CO2 by-product.

    It will enable the businesses at Grangemouth to replace hydrocarbon fuels, such as natural gas, with clean low-carbon hydrogen to power its processes and manufacture vital chemicals, which are used in everything from bottles, cables and insulation to food packaging and medicines.

    The plans underpin INEOS’ commitment to the Acorn Project - Scotland’s first, large-scale carbon capture and storage project.

    The CO2 will be transported through existing pipelines and permanently and securely stored in rock formations under the North Sea.

    Stuart Collings, CEO INEOS O&P UK., said the carbon capture and storage project was an important part of both Scotland’s and the UK’s drive to net zero.

    “Our investment in a hydrogen plant, alongside access to the Acorn Project, will result in reductions of more than one million tonnes of carbon dioxide emissions each year from the site,” he said.

    INEOS is determined to build on the significant CO2 reductions already made since it acquired the Grangemouth site from BP in 2005 – and cut emissions by more than 60% by 2030.

    It is currently investing in a new, highly-efficient energy plant, which is under construction and due to be commissioned in 2024.

    That plant will drive down emissions by at least 150,000 tonnes a year.

    Once the site is producing clean, low-carbon hydrogen, this new power plant will be supplied with hydrogen which will further reduce CO2 emissions.

    Access to locally-produced hydrogen will also benefit other assets at the Grangemouth site, fuelling the existing combined heat and power plant, the KG ethylene cracker and assets in the Forties Pipeline System and Petroineos refinery.

    “This will require a new hydrogen distribution network throughout the site and modifications to the existing fuel gas network, all of which are captured within the scope of the engineering design,” said Stuart.

    INEOS also wants the hydrogen production plant to be designed so that it can link to other industries in the local area, thus supporting the development of a local hydrogen hub.

    “Any resulting inward investment should boost local employment as well as the local and national economies,” said Stuart.

    “The scope of design is also planned to provide capability to link the hydrogen production to third parties in the local area to support development of a local hydrogen hub.”

    Overall, £1billion of investment is needed by 2030 to move to the production and use of hydrogen at the Grangemouth site.

    ‘This is an important step forward in our road map to net zero by 2045’ - Andrew Gardner, CEO and Chairman, Grangemouth.

    3 minutes read Issue 23
  • Grenadier-ship.jpg

    Supersized

    TWO of the largest ethane carriers in the world join INEOS’ fleet of gas ships to transport vital raw materials.

    The latest vessel to join INEOS’ growing fleet of gas ships was named in honour of the Grenadier – the no-nonsense 4x4 due to be launched in the US soon. At the naming ceremony in Houston, Texas, the very large ethane carrier (VLEC) came face-to-face with INEOS’ rugged off-road vehicle.

    Pacific INEOS Grenadier

    Pacific INEOS Belstaff

    230 metre
    The carrier is 230 metres long. That's the length of two football pitches

    99,000 m3
    Can carry 99,000 cubic metres of liquefied gas

    Dual-fuel
    Fitted with a dual-fuel main engine which means it can use ethane as fuel

    -90°C
    The gas must be kept at -90°C to maintain it as a liquid

    “Seeing the Grenadier 4X4 on the quayside next to the VLEC was simply spectacular,” said David Thompson, CEO of INEOS Trading & Shipping.

    The Pacific INEOS Grenadier joins Pacific INEOS Belstaff, which was christened by Fran Millar, CEO of the iconic Belstaff clothing brand, in February.

    At that naming ceremony, Fran said she was overwhelmed by the sheer size of the vessel.

    “It’s unbelievable,” she said. “I literally cannot believe how big it is and I am amazed that such a small crew can run such a huge ship.”

    Both ships are 230 metres long – the length of two football pitches – and can carry 50,000 tonnes of liquefied gas, which must be kept at -90°C to maintain it as a liquid.

    The vessels are fitted with a dual-fuel main engine which means they can use ethane as a fuel.

    But they also have the potential to carry other products, such as LPG and ethylene, the key petrochemical product from which so many products for INEOS are derived.

    The ships have also provided Belstaff and the Grenadier with an enormous billboard, allowing them to introduce their brands to some very new places around the world.

    David described the naming of Pacific INEOS Grenadier, which was built in Jiangnan, China, as ‘very special’.

    “It highlighted perfectly the immense breadth of the company which now spans from chemicals and energy, to fashion and automotive,” he said.

    The ship, which is made of about 18,000 tonnes of steel, was named by Randa Duncan Williams, Chairman of the general partner of Enterprise Products.

    “We are delighted to work closely with INEOS,” he said. “Today is another milestone in our continuing relationship.”

    INEOS now has 12 vessels – four very large ethane carriers (VLECs) and eight MGC ‘dragon-class’ ships.

    The Dragon ships have been transporting America’s competitively-priced ethane across the Atlantic to the UK and Norway for more than six years.

    It was a move that many said could not be done.

    But INEOS Intrepid’s arrival in Rafnes, Norway, in 2015 silenced the sceptics and signalled the start of a renaissance for INEOS’ European crackers, saving the Grangemouth plant in Scotland from almost certain closure.

    Since then, the fleet has grown – and will continue to grow – as INEOS continues to develop its virtual pipeline. 

    ‘Seeing the Grenadier 4X4 on the quayside next to the VLEC was simply spectacular,’ - David Thompson, CEO of INEOS Trading & Shipping.

    INEOS' new no-nonsense 4x4, The Grenadier, is dwarfed by the latest gas vessel to join INEOS' growing fleet of gas ship - the Pacific INEOS Grenadier. In February, INEOS named one of its vessels after its iconic clothing brand Belstaff.

    4 minutes read Issue 23
  • Introduction.png

    Big reaction

    INEOS has just spent $70 million modernising a manufacturing plant that it acquired from BP just over a year ago. It has installed a larger, oxidation reactor, an overhead heat recovery system and modified the main process air compressor at the plant, which has been operating in Merak, Indonesia, for nearly 25 years.

    The result has led to a 15% increase in production of purified terephthalic acid (PTA) – and a 15% reduction in CO2 emissions per tonne.

    15%
    Increase in production of purified terephthalic acid (PTA)

    15%
    Reduction in CO2 emissions per tonne

    575,000
    The Merak plant will mean INEOS can now produce 575,000 tonnes of PTA every year

    “Our investment not only shows our commitment to the site’s future growth, but it also supports our commitment to producing essential products while reducing emissions to net zero by 2050,” said Frank Yang, President Director, INEOS Aromatics Indonesia.

    Purified terephthalic acid is the main ingredient to make polyester.

    Its fibres are used in textiles, its films in electronics and its resins are used in the packaging industry – and it is in demand in Indonesia.

    The changes to the Merak plant will mean INEOS can now produce 575,000 tonnes of PTA every year.

    “Our key business partners and government ministers have really welcomed our commitment to the plant,” said Frank.

    “It is the first time in over 20 years that an Indonesian PTA producer has made such a major investment.”

    The plant – along with 156 employees – became part of INEOS when the company bought BP’s petrochemicals business in January 2021 for $5 billion.

    “The local staff are really excited since the investment and feel confident about their future,” said Frank.

    The overhaul, which will also improve the reliability and competitiveness of the plant, was completed safely despite the global COVID-19 pandemic.

    "We want to thank everyone who participated in the project, the surrounding communities, and regulators in providing the support needed to complete the project safely,” said Frank.

    INEOS Aromatics now has sites across the US, Asia and Europe who produce more than five million tonnes of PTA every year.

    It is a significant and growing business, with 1,200 staff worldwide and a $4 billion turnover.

    3 minutes read Issue 23
  • sports-timeline-header-resized.png

    INEOS Sports timeline

    INEOS appoints new Director of Sport - LEADING FROM THE FRONT

    Sir Dave Brailsford has been appointed as its new Director of Sport. Dave, who was part of the INEOS 1:59 performance team that helped marathon runner Eliud Kipchoge storm into the history books, said it was an opportunity to work together with all the other sports teams across INEOS.

    Over the past few years, INEOS has forged partnerships with some of the very best teams in the world in cycling, Formula One, sailing, football, hockey and running.

    The latest partnership is with the world famous All Blacks from New Zealand.

    “As the sports organisation has grown, we are looking to develop a performance agenda across all sports,” he said. Dave said its ethos mirrored how INEOS liked to do business.

    “This culture and approach are at the heart of what makes INEOS such a successful business,” he said. “It has a federal structure with clear responsibilities, but also a desire to cross pollinate new thinking and ideas across the group. The aim now is to replicate this model across all the sports at INEOS.”

    Clark Laidlaw, the All Blacks Sevens’ head coach, described the performance partnership with INEOS as unique.

    “It will give us the ability to learn from some of the world’s highest performing teams across a range of sports,” he said.

    Alongside Dave’s new role as Director of Sport, he will continue to lead INEOS Grenadiers cycling team, with Rod Ellingworth as his deputy.

    “We are already deep into the planning for 2022 and are committed to going all in for the season,” he said.

    “For me there is no more exciting place to be in global sport right now than at INEOS, given the extraordinary range of talents across the different teams” – Sir Dave Brailsford

    Below we look at the INEOS Sports Timeline

    2010 – Dec
    INEOS becomes front of shirt sponsor of Lausanne Hockey Club

    Lausanne Hockey Club.jpg

    2017 – November
    INEOS acquires Swiss football club FC Lausanne-Sport

    Lausanne.jpg

    2018 – April
    INEOS TEAM UK competed for the America’s Cup in 2021. Now as INEOS Britannia it is the challenger of record for the 37th America’s Cup in 2024

    America's cup.jpg

    2019 – May
    INEOS acquires cycling team TEAM Sky who become Team INEOS and then the INEOS Grenadiers (2021)

    Cycling team.jpg

    2019 – August
    INEOS acquires French football club OGC Nice

    Nice football.jpg

    2019 – October
    INEOS supports Eliud Kipchoge’s record-breaking marathon as he becomes the first person to run a marathon in under 2 hours at the INEOS 1:59 Challenge

    Eliud marathon.jpg

    2020 – February
    INEOS becomes Principal Partner to the Mercedes-AMG Petronas F1Team

    2020 – December
    INEOS joins Daimler and Toto Wolff as equal owners of the Mercedes-AMG Petronas F1 Team

    Petronas.jpg

    2021– July
    INEOS becomes Performance Partner to New Zealand Rugby and the Teams in Black

    2021 – December
    Dave Brailsford announced as Director of Sport at INEOS

    Director of Sports.jpg

    2022 – January
    INEOS becomes Performance Partner to Eliud Kipchoge and the NN Running Team

    Eliud running team.png

     

    3 minutes read Issue 23
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    Running partner

    The NN Running Team is the first professional team within the world of running and is delighted to formalise a long term performance partnership with INEOS.

    INEOS is reuniting to help Eliud win a record-breaking, third, consecutive Olympic gold medal in the marathon at the Paris Olympics 2024.

    Eliud Kipchoge made history in 2019 when he became the first man to run a marathon in under two hours at the INEOS 1:59 Challenge. As he crossed the line in Vienna, Austria, he said: “This shows no one is limited.”

    Since then Eliud and INEOS have worked on various campaigns, but they have now signed a new performance partnership agreement to tackle new challenges together.

    IneosKit-018.jpg

    The knowledge and expertise of the team, who helped to make history on the streets of Vienna, are reuniting to help Eliud win a record-breaking, third, consecutive Olympic gold medal in the marathon.

    The Kenyan athlete won golds at Rio in 2016 and Tokyo in 2021 and will be going for gold in Paris in 2024.

    “To receive the support from such a great entity in sports is a huge boost to myself and the team,” he said.

    INEOS’ backing, he said, also presented a huge opportunity for the greatest minds in sport to share their experiences and ideas.

    “We have already changed the world together once,” he said.

    Eliud will be working with Sir Dave Brailsford in his new role as Director of Sport at INEOS.

    “Eliud is a once-in-a-generation athlete,” said Dave. “He has broken athletic boundaries that many felt impossible.

    “Collaborating with Eliud, his performance team and INEOS on the 1:59 Challenge was a truly inspiring experience. The opportunity to come together again to tackle new ambitious challenges with Eliud and the wider running team is incredibly exciting.”

    INEOS founder and chairman Sir Jim Ratcliffe, who was in the Prater Hauptallee on that historic day, said Eliud’s approach and mindset transcended sport.

    “We have a great opportunity ahead of us to support not only his performance goals but understand how his approach can help others achieve theirs,” he said.

    Long distance running may seem like a solitary pursuit. But in reality, it’s a team sport.

    Many people worked behind the scenes to help Eliud become the first man to run 26.2 miles in under two hours, including 41 pacemakers.

    Eliud and his Dutch-based NN Running Team will begin working with the other teams backed by INEOS, which include the All Blacks, Mercedes-AMG Petronas F1 Team, INEOS Grenadiers cycling team, America’s Cup Challenger of Record INEOS Britannia, OGC Nice and FC Lausanne-Sport.

    Through their performance partnerships, INEOS has brought together some of the best minds and talent in sport to tackle sports' greatest challenges.

    Under Dave, the teams involved are working together to identify opportunities for performance gains that can be shared and applied across the group.

    “Across sports, we all face the same challenge, which is the need to continually improve,” said Dave.

    ‘To receive the support from such a great entity in sports is a huge boost to myself and the team’ – record-breaking Kenyan athlete Eliud Kipchoge

    3 minutes read Issue 23
  • chain reaction.jpg

    Chain reaction

    A COUNTRY famed for producing the world’s best distance runners could soon be making real headway – in the world of cycling.

    Eliud Kipchoge, the 5ft 4 Kenyan athlete who made history on the streets of Vienna by running a marathon in under two hours, has teamed up with INEOS to launch a cycling academy at the renowned Kaptagat camp where he trains.

    “This is very great news,” Kevin Richie Preacher posted on Facebook. “I can foresee a Kenyan continental team coming up very soon.”

    The INEOS Eliud Kipchoge Cycling Academy will be headed up by Valentijn Trouw, who was heavily involved in the record-breaking INEOS 1:59 Challenge in Austria in 2019.

    Also involved will be the INEOS Grenadiers, one of the world’s most successful cycling teams.

    Sir Dave Brailsford, INEOS’ Director of Sport and Team Principal of INEOS Grenadiers, said the new academy could help to develop new riders from Africa.

    “We all know the talent is there,” he said. “We have seen it this year.”

    In March Biniam Girmay became the first black African to win a World Tour race at Belgium's Gent-Wevelgem classic.

    Two months later he made history as the first black African winner of a Grand Tour stage in the Giro d'Italia.

    INEOS Chairman Sir Jim Ratcliffe recently visited the Kaptagat-based training camp.

    “There is such exciting sporting talent, passion and ambition in Africa,” he said. “I am convinced that this partnership can do something truly different and unique for cycling – as well as for aspiring young African athletes.”

    Jim Ratcliff cycling academy.jpg

    For more than 30 years Valentijn, who will work with the wider Kaptagat team, has identified and nurtured long-distance runners in Kenya, creating a pathway for them to compete on the world stage.

    “Their passion, dedication and love of sport is a perfect fit with the INEOS Grenadiers’ spirit of giving it all to race and be your best,” said Dave. “Together I believe we can achieve something unique and important for cycling in Kenya, Africa, and the sport itself.”

    Eliud, who will be seeking to make history in Paris 2024 by winning his third successive Olympic men’s marathon, said he was proud that the camp would no longer be a purely athletics-focussed training camp.

    “The cycling academy is a very natural fit,” he said. “It’s got great potential to enable our young talented cyclists to make the next steps towards the top level of cycling.”

    Valentijn said he, too, was excited at what could be achieved by working with INEOS and the INEOS Grenadiers cycling team.

    “It is an opportunity to build a relatively new sport in Kenya and bring together our collective knowledge and insights from running and cycling for the benefit of the sport,” he said.

    ‘We all know the talent is there. We have seen it this year’ – Sir Dave Brailsford, INEOS’ Director of Sport and Team Principal of INEOS Grenadiers

    INEOS and Eliud Kipchoge share a passion. They both believe that no human is limited. So it was only a matter of time before they linked up again.

    2 minutes read Issue 23
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    Programmes, partnerships and philanthropic donations

    INEOS supports health, education, conservation and grassroots sport initiatives throughout the world.

    “Through our giving we aim to make real impact big and small, whether that’s trying to find a solution to the global crisis of antibiotic resistance, improving the lives of children living in poverty, or supporting local community groups around our sites,” said Ursula Heath, Communications Manager INEOS.

    Forgotten Forty

    Giving headteachers the chance to make a difference

    IT is estimated that more than four million children in the UK – over 40% of children in some regions – were living in poverty before the pandemic.

    But with successive lockdowns and increases in the cost of living in the UK, the problem will only worsen.

    Often their parents do not rely on state benefits. They are simply working all hours in low-paid jobs to make ends meet, leaving little time and money for non-essentials.

    Following a successful pilot scheme involving 20 schools in some of the UK’s most deprived communities, 100 headteachers have now been chosen by INEOS to benefit from an annual £20,000 grant to spend on initiatives that could transform the lives of their most deprived children.

    These initiatives are taking place and being evaluated, with learnings shared across the group of teachers.

    Over three years, INEOS hopes to not only witness a meaningful, short-term impact on the lives of several children living in poverty, but also to gain insight into effective ways of tackling the negative effects of deprivation in primary schools, which can be shared and scaled.

    CHILD poverty is nothing new. It has been a priority for successive UK governments for about 70 years. Attempts to tackle the problem, though, have focused on raising standards in schools. No one has tackled the root cause, which is what goes on beyond the school gates. Until now.

    “INEOS’ decision to want to play its part in eradicating poverty represents a radical, new approach,” said Brian Padgett, a former deputy head who is working closely with four other ex-teachers on INEOS’ Forgotten Forty initiative.

    The Forgotten Forty team – Brian, Elaine and John Wyllie, Sheila Loughlin and Elaine Crotty – were brought together in 2019 to consider what might be done differently to help tackle the impact of poverty on some of the most deprived children in the UK.

    They came up with the concept of giving teachers a ‘blank cheque’ to try out new projects that might inspire children from poorer homes to believe in a better future – with the intention of INEOS learning what works, and what doesn’t.

    All five members of the Forgotten Forty team know from experience that a child’s home life can seriously hamper his or her ability to do well in school and limit what they go on to achieve.

    “The home underpins everything,” said Brian. “By helping families to cope and live better, the children will benefit.”

    They also know the challenges facing headteachers whose primary schools care for some of the most deprived children in the UK, with their ability to help often constrained by limited and overstretched school budgets.

    To help, INEOS has committed to giving £20,000 a year for three years to 100 primary schools serving some of the poorest communities in the UK – and is putting that funding into the hands of headteachers.

    All INEOS wants is for them to use that money to help build a child’s confidence, develop their resilience, excite their curiosity about the world around them and inspire them to want to do well.

    “The money is not there to send a child on a once-in-a-lifetime trip to Africa,” said Brian. “It’s about opening a child’s eyes to the world around them and showing them what is on their own doorstep.

    “It could be as simple as taking them to a local museum or an art gallery that they have never visited before.”

    The team is now working closely with all the 100 schools.

    “Headteachers are not short of ideas,” said Elaine Wyllie, who founded The Daily Mile when she was headteacher of St Ninian’s Primary School in Scotland. “At the last count, they had come up with more than 600 initiatives.”

    Headteachers know that not all learning takes place in the classroom, and that valuable lessons can be learned on school trips, after school and at weekends.

    But they also know that children from poorer backgrounds are less likely to go on school trips, enjoy days out at the seaside, learn to play a musical instrument or join a sports club because their families simply cannot afford it.

    ‘The Forgotten Forty project is so flexible and is the best initiative I have ever been involved in. It has already had a huge impact on the community and will allow our children to build aspirations for the future’ - Nick Anderson, Headteacher Bede Primary School, Gateshead

    The Forgotten Forty project’s goal is to allow headteachers to help their most deprived pupils enjoy a well-rounded education that children from wealthier homes take for granted.

    “INEOS trusts us and we trust our teachers,” said John, who spent 32 years working in Scottish secondary schools.

    The teachers have been given some rough guidance – they cannot spend it on staff salaries or capital projects – but apart from that, they have been trusted to spend it wisely.

    Elaine Crotty, who specialised in early years’ education, said it didn’t matter if one of the teachers’ initiatives didn’t work.

    “We are not expecting them all to work,” she said. “What we want to do is encourage teachers to take a risk and try something new. With any luck, some of the findings will be applicable to other schools too - whether or not they are currently part of the Forgotten Forty programme.”

    The headteachers have also been introduced to one another so that they can share their ideas and successful initiatives.

    INEOS will host an annual conference each year to allow them to build a network.

    “Talking to each other has also helped them to realise they are not alone,” said Brian.

    He said successive governments had blamed the underachievement of children from poor backgrounds on schools.

    “They have wilfully ignored all the challenges stacked up against the children, their parents and local communities,” he said.

    He said if INEOS’ intervention showed promising new ways of alleviating the effects of poverty, it could influence how schools spend their funding in future.

    “The team are also hoping the initiative encourages other private donors to get involved with supporting primary schools,” said Brian.

     

    5 minutes read Issue 23
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    The world at its feet

    THE eyes of the world will be watching when the United States stages the World Athletics Championships for the first time. Hoping to attract some of that attention between July 15 and 24 will be The Daily Mile, which has been named as an official event supporter.

    A film extolling the physical and mental benefits of this INEOS-backed initiative will be regularly shown in the stadium during breaks in the competition.

    And Daily Mile banners will adorn the inside of Oregon’s Hayward Field, one of the greatest track and field stadiums ever built.

    Hayward Field at the University of Oregon.jpg

    “We are hoping to encourage children in Oregon, the rest of the US and across the world to take part in The Daily Mile,” said Elaine Wyllie, who founded the initiative 10 years ago to help improve the fitness of pupils at her primary school in Scotland.

    Today – with INEOS’ support – more than three million children around the world now regularly run, walk or jog The Daily Mile.

    “As childhood becomes more sedentary than ever, we’re proud that The Daily Mile has helped those children get up and running because we know that the positive experiences we have at a young age shape habits for life,” said INEOS Chairman Sir Jim Ratcliffe.

    About 2,000 of the world’s greatest track and field stars from more than 200 nations – along with thousands of fans from around the globe – will be heading for the USA this summer.

    As part of the 100-day countdown to these historic Championships, children in Portland ran The Daily Mile for the first time as part of the World Wide Welcome Youth Relay.

    Each leg of the relay will be dedicated to one of the global track and field teams who will be competing on US soil for the first time.

    The Daily Mile has not only improved children’s fitness. It has also led to improved performance in the classroom.

    “It is free, simple and effective and fits into the school day easily,” said Elaine.

    Sarah Massey, CEO of the Championships’ local organising committee, Oregon22, LLC, said The Daily Mile and the World Wide Welcome Youth Relay were a perfect match, and would be working together to show new schools and community groups across Oregon what they could do – for free – to improve children’s fitness.

    “Both programmes serve to encourage healthy activity in the younger generation, so we couldn’t be prouder to collectively build this into the lead-up to these World Athletics Championships,” she said.

    worldathletics.org

    2 minutes read Issue 23
  • elaine.jpg

    Pride of Scotland

    SCOTLAND was where The Daily Mile all started. So it was only right that Scotland should host the 10th anniversary party of that simple initiative that has become a runaway success with school children all over the world. And there to see it was former headteacher Elaine Wyllie, who Pagefounded it as a way to improve the fitness of her own pupils from St Ninian’s Primary School in Stirling.

    “It has been an incredible journey so far,” she said.

    daily mile children.png

    In Dundee, more than 800 children from six local primary schools took part in the largest-ever mass Daily Mile run in Baxter Park in front of distinguished guests.

    At the same time, more than 260,000 children around the world took part in a virtual event – across 1,040 schools in 16 countries from Scotland to New Zealand.

    “The fact that we were able to do this mass global event with hundreds of schools to celebrate our 10th birthday was a real testament to the enthusiasm behind the initiative,” said Elaine.

    “It was a fantastic way to celebrate all we have achieved.”

    She praised the children, teachers, schools and INEOS, which has helped to spread its appeal throughout the world.

    Sir Jim Ratcliffe, Founder and CEO of INEOS, said INEOS had supported the Daily Mile for years because it shared Elaine’s passion.

    “It’s a free, simple and effective way to improve children’s physical and mental wellbeing,” he said.

    The initiative has enjoyed phenomenal success since it was founded 10 years ago.

    children running.jpg

    Today more than three million children across 14,000 schools in 87 countries globally are now running The Daily Mile.

    In just 10 years The Daily Mile has become phenomenally successful, but all involved agree that there is still so much more that can be done. Hear from the experts, how - from a single class, in one school - this simple, but effective INEOS-backed initiative has already transformed millions of children's lives.

    thedailymile.org

    2 minutes read Issue 23
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    Six Rivers Project

    Conservation methods begin to bear fruit as team continues to focus on the best ways to save this incredible species from extinction.

    CONSERVATION methods – adopted by the INEOS-backed Six Rivers Project to try to save the Atlantic salmon – are beginning to bear fruit. Recent work has led to an improvement in the number of juveniles in the Sela river, which has long been a safe haven for this threatened species.

    “The management of fishing pressure has also played a significant role here,” said Pete Williams, INEOS’ Director of Technology.

    All fish caught must be released, and anglers are allowed to use light fishing tackle only.

    “We are confident that by changing traditional fishing habits, we can enhance both the quality of all the rivers and improve the life of the fish that inhabit them,” he said.

    Icelandic rivers are world renowned for their salmon fishing and attract enthusiasts from all over the world every year.

    But if the salmon disappear, a source of income for those living in remote parts of North East Iceland vanishes too.

    salmon fishing.jpg

    INEOS Chairman Sir Jim Ratcliffe has, for years, been working with the former Strengur Angling Club, now part of the Six Rivers Project.

    They are working to ensure that profit from the world-class salmon fishing business will be reinvested in the conservation work to protect the species locally and beyond.

    “In essence the fishing will provide the means to protect the local environment,” said Pete.

    The Six Rivers Project, which was initiated by Jim, is working with experts from Iceland’s Marine and Freshwater Institute and Imperial College London on a ‘multi-faceted’ conservation programme.

    Salmon ladders have been built to allow the salmon to reach new spawning grounds further up the rivers.

    Eggs have been planted in new areas.

    Adult fish have been relocated to new parts of the rivers, where competition for food may not be as fierce.

    And botanists have been planting native vegetation along the riverbanks which has increased the food supply in the rivers.

    The team also tagged 1,000 smolts – maturing salmon – so that scientists could track and monitor their behaviour.

    From that research alone, they discovered that half of smolts in the Vesturdalsa died before they even reached the sea – and very few, just 13 in 1,000, of the tagged smolts returned to spawn.

    “All these conservation measures have set a new standard in Iceland,” said Pete. “But there is much more to do in this long-term project.”

    The team, though, remain confident that, with careful management, they can reverse the decline in the wild Atlantic salmon which used to thrive in Iceland – and provide insights for protecting the species elsewhere.

    “It is important that we share our findings with other groups around the world,” said Pete, who is co-ordinating the academic research. “Conservation resources are limited so we need to ensure we’re not unnecessarily repeating work done elsewhere.”

    As part of the team’s desire to share their findings, INEOS hosts an annual Six Rivers International Conference in Reykjavik every year.

    In September 2021 academics from Canada, Norway, England, Iceland and beyond met to compare research.

    “Ultimately, we have the same aim,” said Pete. “We all want to leave the environment and habitat in better shape than we found it.”

    Experts from Iceland’s Marine and Freshwater Institute and Imperial College London are working on the ‘multi-faceted’ conservation programme as part of the Six Rivers Project, which was initiated by INEOS Chairman Sir Jim Ratcliffe.

    www.sixrivers.is

    ‘Our conservation measures have set a new standard in Iceland’ - Pete Williams, INEOS’ Director of Technology

    six rivers salmon.jpg

     

    3 minutes read Issue 23
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    INEOS Oxford Institute

    The accidental discovery by Alexander Fleming of a mouldy petri-dish in 1928 kickstarted a 20 year journey to develop the world’s first mass-produced antibiotic. But little progress has been made since the 1980s to develop new drugs to combat the growing ‘silent pandemic’ of antimicrobial resistance.

    Now scientists at the Ineos Oxford Institute have helped to identify a potential future drug that could extend the life of ‘last resort’ antibiotics.


    Oxford institure lab 2.jpg

    IN January 2021 INEOS committed £100 million to Oxford University amid fears that a growing, ‘silent pandemic’ of antimicrobial resistance would end modern medicine as we know it. A year on, scientists, based at the Ineos Oxford Institute, have made a promising discovery.

    Carbapenems are vital, often ‘last resort’, antibiotics that are used to treat serious infections, such as sepsis and pneumonia, when all others have failed.

    Despite that, some bacteria have found a way to render those carbapenems useless by producing enzymes called metallo-betalactamases (MBLs), leading to a rise in superbugs.

    But new collaborative research, conducted by scientists from the Ineos Oxford Institute and several institutions across Europe, has found that indole carboxylates, a new class of enzyme blockers, can stop those enzymes working, leaving the antibiotic free to attack and kill bacteria, such as E. coli, in the lab and in infections in mice.

    The researchers first screened hundreds of thousands of chemicals to see which would attach tightly to the metallo-beta-lactamases enzymes to stop them working – and which didn’t react with any human proteins.

    By zooming in to take a closer look at how they work, the researchers found that these potential drugs attached to the enzymes in a completely different way to any other drugs because they copied how the antibiotic behaved with those enzymes.

    The researchers then chemically changed aspects of the drugs to make them as effective as possible and tested them, in combination with carbapenems, against multi-drug resistant bacteria in both dishes in the lab and in mice.

    “The potential new drugs, in combination with carbapenems, were found to be many times more potent at treating severe bacterial infections than carbapenems alone,” said Professor Schofield.

    Oxford Institute lab.jpg

    Antimicrobial resistance is currently responsible for about 700,000 deaths every year, but it threatens to get much, much worse, with fears that 10 million people could die every year by 2050 from common infections.

    “It is a massive problem because collectively we haven’t been making enough new clinically useful antibiotics,” he said.

    “As a society we must find ways both to make new antibiotics and protect the ones we have. The alternative is that routine modern medicine will be disrupted in a manner simply too horrendous to conceive.”

    INEOS’ £100 million, which was used to set up the Ineos Oxford Institute, will support research into the growing resistance to antibiotics.

    The money will enable more than 50 researchers to address the overuse and misuse of antibiotics, collaborate with other global leaders and develop new drugs for people and animals.

    “With the fantastic support we have received from INEOS, we can replicate the latest drug discovery programme within the institute for multiple different bacterial targets and applications,” said Professor Tim Walsh, Academic Lead (Microbiology) at the Ineos Oxford Institute.

    This latest research is the culmination of years of work and is a long way from being a proven solution.

    But if indole carboxylates can be developed, tested and made into safe, human medicines, they could extend the effectiveness and lifespan of some of our current antibiotics and save lives all over the world.

    Professor Tim Walsh said the discovery also proved that academia, given the space to create, could produce something amazing.

    “That’s what we have seen here,” he said. “And we hope to make many more similar promising discoveries as the institute grows over the years.”

    “This clever, Trojan Horse trick allowed these potential drugs to be highly effective against a very wide range of MBL-producing superbugs,” said Professor Christopher Schofield, Academic Lead (Chemistry), at the Ineos Oxford Institute at the University of Oxford.

    Scientists, based at the Ineos Oxford Institute, have made a promising discovery which could extend the life of 'last resort' antibiotics

    ‘This clever, Trojan Horse trick allowed these potential drugs to be highly effective against a very wide range of MBL-producing superbugs’ - Professor Christopher Schofield, Academic Lead (Chemistry), at the Ineos Oxford Institute at the University of Oxford

    Penicillin

    The discovery of Penicillin and its purification into the first antibiotic in the early 1940s was one of the greatest medical advances of the 20th century.



    Antibiotics changed the course of medical history, saving countless lives at the end of the Second World War, making childbirth safe for the first time in human history and allowing the creation of all modern surgery and cancer treatment that we benefit from today.

    Following the discovery of Penicillin there was a “golden age” of antibiotic discovery lasting several decades.

    Sadly, this era has finished, and we are left with a dwindling stock of medicines that are becoming ever less effective as bacteria naturally develop resistance to their actions.

    Society needs to continue working hard to keep hold of these medical gains, and avoid returning to a pre-antibiotic era when a simple cut could be fatal.

    The Ineos Oxford Institute for Antimicrobial Research was established to advance the search for solutions to one of the biggest public health challenges of our time. Researchers are working in the lab, in the field and with the public to discover new ways to prevent and treat drug resistant infections.

    INEOSOXFORD.OX.AC.UK

    3 minutes read Issue 23
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    Introduction

    There is no doubt that we are in unprecedented times. Nothing is more pressing today than climate change. The world is at a crossroads. It has to decide how it wants to live in the future.

    Never has it been more important for people to understand how fundamental the chemical industry is to modern life and to tackling the global issues we all face.

    It touches almost everything in our lives – our phones, our clothes, homes, transport and healthcare. One cannot exist without the other.

    Despite that, we know change is coming and we are reshaping our business.

    We understand the challenges facing the world, now and in the future, and are clear about our role in addressing those challenges.

    An energy transition is underway, calling for a joined-up, holistic approach in how to move away from fossil fuels towards alternative energy sources such as solar, wind and hydrogen.

    Chemistry is our business, and our chemical products and processes will play an essential part in this transition.

    Climate change and the circular economy are the cornerstone of our strategy and we remain focused on an innovative approach to recycling and renewables.

    Following the Paris Climate Agreement of 2015, most nation states have set the goal to achieve a net zero emission economy by 2050, and are adopting regulations and legislation to support this.

    This edition of INCH looks at some of the plans and actions INEOS businesses have put in place to ensure that they make the transition to a net zero economy by no later than 2050, whilst remaining profitable, and staying ahead of evolving regulations and legislation.


    Green transport

    INEOS is working with Wrightbus, the world's first hydrogen-powered double decker bus, to showcase hydrogen as fuel of the future.

    The StreetDeck Hydroliner from Wrightbus is equipped with a hydrogen fuel cell powertrain and its battery pack can store up to 48KWh that allows the bus to travel up to 280 miles, emitting water rather than carbon dioxide as it goes. It was designed to meet the demands of both bus drivers and passengers. The bus has been developed as part of the JIVE project funded by the European Union (Joint Initiative for Hydrogen Vehicles Across Europe).

    2 minutes read Issue 22
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    Net Zero 2050

    Following the Paris Climate Agreement of 2015, most nation states have set the goal to achieve a net zero emission economy by 2050, and are adopting regulations and legislation to support this.

    In response, INEOS businesses have put in place roadmaps to lead the transition to a net zero economy in our industry by no later than 2050, whilst remaining profitable, and staying ahead of evolving regulations and legislation.

    Based on these roadmaps, we are setting ambitious, but achievable, targets for 2030, which are in line with our 2050 commitment. We expect to publish these shortly.

    Actions and improvements are already in hand.

    We will reduce emissions for each kg of product by 10% by no later than 2025, and we are investing over 3 billion euros over the next five years to reduce our footprint further.

    As part of this effort, we are also investing in new products and technologies to drive the industry to a circular economy, in which materials are re-used to the maximum extent, and no products, once used, enter the natural environment.

    The products we make are essential for a myriad of applications on which society relies.

    That is why governments worldwide regard the industry as a critical industry, as we have seen during the recent pandemic.

    The range of applications includes the following:

    • health and medical devices
    • clean water
    • food conservation and preservation
    • renewable energy technologies
    • lighter energy saving materials for transport and mobility
    • affordable clothing and apparel
    • construction & transmission of water and gases
    • electrical insulation
    • household and electrical goods

    Our products are essential because, based on performance, affordability, and environmental footprint, they are the best available materials for the applications concerned.

    In some cases, especially in the medical sphere, they are the only available materials.

    INEOS is part of the solution to the challenges the world faces, and we look forward to achieving a net zero economy whilst continuing to deliver products which are essential to society.’

    What is net zero?

    Net zero refers to the balance between the amount of greenhouse gas produced and the amount removed from the atmosphere. We reach net zero when the amount we add is no more than the amount taken away.

    Sustainability is fundamental to how INEOS does business. It drives innovation so we can meet the challenges associated with society’s ever-changing 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 make products needed to address the challenges posed by climate change, public health, resource scarcity, urbanisation and waste, in a way which drives us all towards a net zero emission economy by 2050.

    For further insights download our 2020 Sustainability Report.

    www.ineos.com/sustainability

    2 minutes read Issue 22
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    Our Journey to Net Zero

    The journey to net zero by 2050 will not be an easy one for INEOS. It is an efficient manufacturing company, but the manufacture of vital raw materials for clothing, medicines, electronics, cars, planes and buildings is energy-intensive. Its products are also used to build wind turbines, solar panels and other renewable technologies. And all that comes at a cost to the environment.

    “Our industrial processes require a certain amount of energy and give off CO2,” said INEOS chairman Sir Jim Ratcliffe. “That’s the reality. You cannot have one without the other.”

    The company recently published its first-ever group sustainability report, pulling together data from all its businesses across the world.

    “It was a mammoth task,” said Communications Director Tom Crotty. “But we needed to see where we are globally, so that we can clearly see what needs to be done.”

    And changes to cut carbon emissions, produce more sustainable products, and find alternatives to fossil fuels are already afoot.

    It has started replacing gas and oil, where it can, with renewable materials to make its products.

    It is working in partnership with pioneering recycling companies to reuse plastic waste.

    It is reinvesting its profits in state-of-the-art manufacturing plants to improve their efficiency, which will cut carbon emissions.

    It has started sourcing energy from wind, which will reduce its carbon footprint by more than one million tonnes of CO2.

    It is exploring ways to capture and permanently store carbon emissions underground in decommissioned oil wells, saving millions of tonnes more.

    It is investigating the possibility of mixing captured waste carbon dioxide with sustainably-generated hydrogen to produce methanol, a chemical widely used in everything from clothing to fuel.

    And it is pushing for an economy fuelled by green hydrogen, which produces zero emissions.

    “INEOS is aiming to contribute by not only decarbonising energy for its existing operations, but also by providing hydrogen that will help other businesses and sectors do the same,” said Geir Tuft, CEO of INEOS business, INOVYN.

    Chris Stark, CEO of The Committee on Climate Change, which advises the British government on what it needs to do to achieve its climate change goals, believes INEOS has an important role to play in helping to create a hydrogen-powered, low carbon economy.

    In a recent interview with INCH magazine, he said: “INEOS will be with us on this journey. It just needs to make sure it explains its role in the climate change debate so the public understands too.”


    Energy transition

    As the world looks for cleaner, alternative forms of energy, INEOS is investing millions in a range of projects aimed at drastically cutting CO2 emissions. Green hydrogen will be a key focus, so too will be carbon capture and storage. And both opportunities will lead to new jobs.

    Roadmaps

    As the world looks for cleaner, alternative forms of energy, INEOS is investing millions in a range of projects aimed at drastically cutting CO2 emissions. Green hydrogen will be a key focus, so too will be carbon capture and storage. And both opportunities will lead to new jobs.

    Circular Economy

    INEOS is focused on creating a circular economy to prevent billions of tonnes of plastic ending up in landfill. Throughout the INEOS group, businesses are developing several technologies in parallel, each suited to the different plastic which is collected, and it has already launched over 25 different products containing recycled plastic.

    Safe Sustainable Products

    From polymers to medicines to mobile phones, chemicals manufactured by INEOS enhance almost every aspect of modern life. Working with our customers, we produce safe and sustainable products that also help society to meet net zero by 2050.

    4 minutes read Issue 22
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    Hydrogen - Fuel of the Future

    Hydrogen is being championed as the fuel of the future. And the call for change is no longer just coming from industry which has been using it in vast quantities for more than 40 years. Governments are warming to it too, and realising that a net zero economy by 2050 will be impossible without it.

    Hydrogen produces zero emissions when burned as a fuel, it can be more efficient than fossil fuels and is the most abundant element in the universe. It even powers the sun.

    As a company, INEOS is in a unique position to fuel a hydrogen-powered economy.

     Its business, INOVYN, has been producing hydrogen as a co-product for more than 100 years.

    INEOS, though, is prepared to significantly invest in developing green hydrogen across Europe.

    Switching to hydrogen would also help to tackle the biggest root cause of climate change: air pollution.

    INEOS recently launched a new hydrogen-focused business which has just one aim: to cut CO2 emissions.

    That business will be focussing on ramping up production of clean hydrogen across Europe, not only for its own sites, but critically for other industries seeking affordable, low-carbon energy.

    In Norway, it is building a water electrolyser to help support the country’s drive to save more greenhouse gases than it generates by 2040.

    Zero-carbon electricity will be used to produce clean hydrogen through the electrolysis of water at its chemical manufacturing site in Rafnes.

    The investment will not only lead to a reduction in its own CO2 emissions, but it will also produce enough additional clean hydrogen each day to fuel up to 400 buses or 1,600 taxis.

    And in Belgium, INEOS and ENGIE have carried out industrial-scale tests at INEOS Phenol site in Doel to see whether hydrogen can be used to replace high proportions of natural gas.

    “We believe in hydrogen as a key link to a carbon-neutral economy, and will be counting on the expertise and support of INEOS, which we see as a key partner in the energy transition,” said Cedric Osterrieth, CEO ENGIE Generation Europe.

    The two companies are also heavily involved in an ambitious project to use captured waste carbon dioxide with sustainably-generated hydrogen to produce methanol, a chemical widely used in everything from clothing to fuel.

    Methanol is currently produced using fossil-based raw materials and, in the process, gives off CO2.

    If the new process works well, each tonne of methanol produced would reduce CO2 emissions by at least one tonne, per tonne of methanol. But those are just two of many projects.

    INEOS chairman Sir Jim Ratcliffe wants INEOS to be at the forefront of change. “Hydrogen really is the fuel of the future,” he said. 

    4 minutes read Issue 22
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    Carbon Capture & Storage

    These projects have the potential to make a significant contribution to our understanding and growth of carbon storage technology, whilst supporting Europe's wider CO2 emission reduction targets for 2030 and beyond.

    Fossil fuels have fuelled human progress over the past 260 years. But the world is demanding change. Around the world industry is under pressure to break its dependence on oil and gas and find renewable alternatives. And INEOS is responding to the challenge.

    INEOS is already making inroads – in exploiting low carbon technologies, cutting emissions and improving the energy efficiency of its plants.

    But it is also heavily involved in carbon capture and storage projects in Europe and the US.

    At Grangemouth in Scotland, INEOS and Petroineos are an integral part of the Scottish Cluster, partnering with the Acorn Project to capture and store up to one million tonnes of CO2 by 2027.

    The site is also working to develop Scotland’s first carbon capture and storage system, linking Scotland’s industrial heartland to the Acorn CO2 transport and storage system in North East Scotland.

     In Antwerp, Belgium, INEOS is part of the Antwerp@C consortium to investigate the technical and economic feasibility of building CO2 infrastructure to support future carbon capture utilisation and storage.

    The project has the potential to reduce CO2 emissions by nine million tonnes between now and 2030.

    In Houston, Texas, INEOS is one of 11 companies supporting the large-scale deployment of carbon capture and storage technology that could lead to capturing and permanently storing up to 50 million tonnes of CO2 per year by 2030 and about 100 million tonnes by 2040.


    The potential for the Greensand project to store up to 8 million tonnes of CO2 per annum will contribute significantly to Denmark’s 2030 overall emissions reduction target

    And in Denmark, INEOS Greensand is the first project of its kind in Europe to use enormous gas reservoirs under the North Sea for the permanent storage of carbon.

    The Danish project has the potential to store up to eight million tonnes of CO2 every year in the INEOS-operated Siri and Nini areas as they cease production.

    As INCH went to press, the Greensand consortium was poised to file a grant application with the Energy Technology Development and Demonstration Program in Denmark.

    If the application is successful, the consortium hopes to start work by the end of this year, with the offshore injection pilot taking place in late 2022.

    “Greensand has brought together a strong consortium of 29 companies,” said Mads Weng Gade, Head of country, Denmark and Commercial Director INEOS Energy. “They are key players from Denmark and around the world."

    The project will permanently store up to 90% of CO2 from power plants, steel foundries, and cement plants.

    It will be captured onshore and transported to an offshore platform by ship.

    From there, using the existing oil platform, the CO2 will be injected in liquid form into the reservoirs more than a mile below the seabed where it will naturally fill the empty oil and gas wells.

    Brian Gilvary joined INEOS earlier this year as executive chairman of its new business INEOS Energy and is a man with a wealth of experience in the energy industry.

    He believes energy-intensive industries must find a way to deal with the CO2 emissions associated with climate change if they are to decarbonise their operations and ensure the survival of industries that the world cannot live without, such as power and heating.

    “That’s the big challenge for industry and also the planet,” he said. “Because even when the world was completely shut down during the pandemic, it was still consuming over 80 million barrels of oil a day, and oil was still the primary energy source.”

    The Greensand project, he said, would significantly contribute to INEOS’ understanding and growth of carbon storage technology – and help future ventures.

    INEOS Chairman Sir Jim Ratcliffe wants INEOS to be at the forefront of the industry and believes Brian will provide the experience and leadership to achieve that aim.

    “We are delighted that someone of Brian’s caliber has agreed to join us at a time of significant transformation in the energy industry,” he said.

    Within months of Brian’s appointment, he had worked with the team at INEOS Energy to reposition its assets.

    That led to the transformational acquisition of all Hess’ oil-producing assets in Denmark, and the sale of an INEOS-owned oil and gas business in Norway to open up fresh opportunities to further reinvest in the energy transition.

    “Even by INEOS’ standards, those deals materialised in a fairly short window,” he said.

    INEOS Energy now owns all Denmark’s Syd Arne oil field and plans to boost production over the next 20 years.

    It doesn’t worry INEOS that Denmark intends to ban oil and gas exploration and production by 2050.

    “We know there is no more exploration after 2050 but that’s not what we are looking at,” said Brian, BP’s former financial officer. “What it does do is set a timetable for us to run these assets through to the life of the fields. Our production will be well finished by 2050.”

    What the deal with Hess also does is strengthen INEOS’ position – and its ability to enter the next phase of the Greensand project.

    Brian, who was recently awarded a lifetime achievement award by the Energy Council for his outstanding contribution to the industry, retired from BP last year.

    But then INEOS came knocking...

    “INEOS is an extraordinary, pioneering company and it’s too exciting an industry not to be part of,” he said.

    He believes INEOS will play a crucial role in the energy transition – due to its assets, its technology and the drive and determination of its people to get things done.

    “The oil and gas industry will be a big part of the solution to the issue of climate change,” he said. “And INEOS will play an important role in this energy transition, be it providing energy through oil and gas over the next few decades, or in the future, through alternative energy solutions such as hydrogen and carbon capture.”

    He added: “It is a truly leading, technology company that will be able to compete across the spectrum of the energy transition.”


    $150 million deal will reshape INEOS’ energy business

    INEOS Energy’s decision to buy all Hess’ oil-producing assets in Denmark will transform INEOS’ fortunes in the North Sea. Executive Chairman Brian Gilvary said the $150 million deal, agreed earlier this year, would:

    • STRENGTHEN INEOS’ portfolio
    • IMPROVE its balance of oil and gas assets, which had been heavily weighed down by gas.
    • PROVIDE opportunities for growth and
    • UNLOCK operational and cost synergies

    “We had been in a position in Denmark where we either had to transform or get out,” he said. “This deal represents a major step in reshaping our energy business.”

    It also means INEOS now owns all Denmark’s Syd Arne oil field and Hess’ 4.8% stake in the INEOS-operated Solsort field.

    The facilities will operate alongside the Greensand project, which passed its first milestone in November when DNV GL agreed that the underground gas reservoir could safely contain compressed CO2.

    More recently, 29 consortium members agreed to back Greensand’s carbon storage pilot project, in support of Denmark’s ambitious 70% CO2 reduction targets by 2030.

    “We are taking this step by step,” said Mads Weng Gade, Head of Country, Denmark and Commercial Director INEOS Energy.

    “We now have the consortium in place, and if we are successful in receiving ongoing support from the Danish Government and advisory board, Greensand will be able to take another important step forward in supporting the Danish Climate Strategy.”

    The potential to store up to 8 million tonnes of CO2 per annum will contribute significantly to Denmark’s 2030 overall emissions reduction target.


    Ex-BP chief joins INEOS

    INEOS is no stranger to Brian Gilvary. At BP, he was often involved in striking deals with INEOS.

    Only last year, he led the negotiation with INEOS for the sale of BP’s global aromatics and acetyls business for $5 billion – and had enormous respect for INEOS’ approach to securing a deal that worked for both companies.

    “INEOS is commercially very savvy and I have seen the rigour that goes into a deal,” he said. “But it also listens and understands the point of view of the other side. That said, I much prefer being on the same side of the negotiating table.”

    What’s also impressed Brian since he became Executive Chairman of INEOS Energy is INEOS’ obsessive focus on safety and its humility.

    “INEOS is understated in many ways,” he said. “The house style is one of delivery and then talking about successes and learning from things that have not gone so well.”

    Brian spent 34 years at BP and helped to steer the company through some of its toughest times, including the 2010 explosion of a BP drilling rig in the Gulf of Mexico which led to the worst environmental disaster in US history.


    Carbon Capture Project

    Phase one of the Greensand project is already complete. The project may be capable of storing up to eight million tonnes of CO2 every year in the INEOS-operated Siri and Nini areas, after those fields have ceased production.

    • Carbon capture technology can capture up to 90% of CO2 from high intensity emitters.
    • CO2 will be captured onshore and then transported to the offshore platform by ship.
    • CO2 will be injected in liquid form into the geological reservoirs more than 1500 metres below the sea bed. The CO2 will naturally fill the empty oil and gas reservoir and will be permanently stored below the sea bed of the North Sea.
    • By 2030, the aim is to build the capacity to store 3.5-4 million tonnes of CO2 yearly.

    www.projectgreensand.com

    6 minutes read Issue 22
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    yCEN

    Nothing today is more pressing than climate change. For years INEOS' Climate and Energy Network has driven sustainability higher and higher up the INEOS agenda. But the company recognises that it needs to take on the perspective of its younger managers. To ensure it has a bright future, INEOS  has formed a group of young people who passionately believe that INEOS has an important role to play in tackling climate change. Meet yCEN.

    Former First Lady Eleanor Roosevelt argued that the future belonged to those who believed in the beauty of their dreams. Former US president Barack Obama believed it belonged to young people with an education and the imagination to create. INEOS believes it belongs to all three.

    It is now giving its young people a real voice within the company to look to the future. A real chance for them to make a difference to how the business continues to operate beyond 2025.

    Its yCEN group, who are all under 35, is led by Matthias Schnellmann, a 29-year-old with a PhD in chemical engineering.

    Their brief is to come up with answers to some of the biggest challenges facing mankind.

    And they are excited at the prospect.

    “There is no one-size-fits-all solution and certain trade-offs will need to be made,” said Pieter-Jan Snoeck, energy and performance coordinator at INEOS Olefins & Polymers Europe, who is also part of yCEN.

    “The best way to start is by reflecting, challenging each other’s ideas and coming up with tangible solutions. The time to act is now, because INEOS has the right people to make this journey a success.”

    Greet Van Eetvelde, INEOS’ global head of energy and innovation, described the formation of a young Climate and Energy Network group as an ‘incredibly important development’.

    “There is no short-term solution to the grand challenges ahead,” she said. “We may be experienced, but it will be the young ones who take INEOS forward so we need to listen to them. INEOS’ future starts now because we older ones will not be around when the full impact hits.”

    Matthias sees a very bright future for INEOS and, more importantly, one that he can now influence from inside the company.

    “I am incredibly excited to be working with a group of motivated colleagues to address the grand challenges that we face,” he said.

    That doesn’t mean the road ahead is going to be easy, he says. It isn’t.

    “I am humbled by the challenge, both the scale of it and the speed at which we need to address and overcome it,” he said.

    “But at the same time I am optimistic since there are examples of past challenges that humans succeeded in overcoming. The development of COVID-19 vaccines is a prime example.”

    He is confident in INEOS, the company he joined in September 2019 after finishing his post-doctorate at the University of Cambridge in the UK.

    “The chemical industry will be a key pillar of our transition to a climate neutral future and it’s already playing a vital part, by manufacturing the essential products for renewable technologies and zero emission vehicles,” he said.

    “It is fundamental to our modern life. People often don’t realise that there is a huge link between the chemical industry and almost everything they touch, be it their iPhone, their clothes, the credit cards in their wallet or the toothpaste on their toothbrush.”

    In other words, modern life would be primitive, lacking almost everything we take for granted.

    INEOS, which employs 26,000 people around the world, makes products that matter.

    Its plastic packaging protects and preserves food and drink.

    Its PVC helps blood to be stored for longer.

    Its solvents are used to make insulin and antibiotics.

    Its chlorine purifies 98% of the UK’s drinking water.

    Its acrylonitrile is the essential raw material for carbon fibre, which makes cars and aircraft lighter, stronger and more fuel-efficient.

    “INEOS is consciously aware of the need to change,” said Matthias. “And it is not afraid of it.”

    Over the past 10 years it has been working behind the scenes on successfully reducing its impact through its Climate and Energy Network (CEN), which feeds and fans debate across the group’s sites.

    At the recent, three-day annual meeting, about 130 people from across the company – chairmen, CEOs, managers and climate and energy experts alike – tuned in every day to learn what their colleagues were doing to cut carbon emissions, switch to recycled and bio-based raw materials, reuse waste materials, reduce their dependence on fossil fuels and improve energy efficiency.

    For those three days, the company focused on key issues such as climate and energy, the circular economy, where nothing is wasted, along with the production of safe, sustainable products that society needs.

    “This isn’t just a talking shop,” said Greet. “We are taking a business-led approach to identifying opportunities for INEOS in this transition economy.”

    The annual gathering also saw the launch of the new initiative, yCEN, which will be driven by the young people whose very future depends on the decisions that are made today.

    Its group leader Matthias has already got a growing and a very passionate young army behind him.

    “Transitioning to a net-zero economy is essential, and we need to accelerate our action,” he said. “However, our journey must be feasible technically, financially and socially.

    “We can’t change the laws of physics and there are limits to how fast we can deploy renewable energy. Companies will need to invest in new technologies, which they can only do if they remain profitable.”

    The EU wants to remove at least the same amount of greenhouse gases from the atmosphere as it emits by 2050.

    Matthias said it would be exciting to be at the forefront of INEOS’ part in that transition.

    “I think opportunities will naturally arise where we can make substantive contributions, particularly in an organisation such as INEOS, whose success is built on challenge, seeking new opportunities and giving its people the scope and accountability to deliver,” he said.

    6 minutes read Issue 22
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    Roadmaps to a better future

    Roadmaps are now being drawn up at every INEOS site. How the various businesses plan their route to net-zero may be different, but the end goal will be the same: to drastically cut CO2 emissions by 2030 and 2050. “Our aim is to draw up realistic roadmaps and set achievable targets based on input from each business,” said Greet Van Eetvelde, INEOS’ global head of energy and innovation.

    The roadmaps, which will lead to business investment plans, will help each business to identify areas for improvement and will be regularly updated.

    Most of INEOS’ sites, although energy-intensive, are already highly efficient.

    Focusing on that alone will not bring the company – or the environment – any real big gains.

    But switching fuels, using recycled or renewable raw materials or investing in carbon capture and storage could do.

    "Having a solid, science-based method to draw reduction pathways and ultimately set emission targets that are achievable is how INEOS does business," said Hür Bütün, environmental data manager at INEOS who has been working on the carbon footprints of each site and the roadmaps.

    "It leads our transition into a climate and resource neutral economy.”

    INEOS’ plants in the Port of Antwerp were the first to adopt a roadmap.

    Their goal is to stay ahead of EU climate targets as part of the transition to a net-zero economy.

    “It is a dynamic document,” said Greet.

    The Antwerp roadmap – pulled together with help from Matthias Schnellmann – involve sourcing green power, capturing CO2 for use, optimising processes, switching to outsourced, cleaner heat and investing in electrification.

    Other INEOS businesses are also making progress – and devising their own roadmaps to best suit their business’ set-up.

    “We know that a one-size-fits-all approach will not work,” said Greet. “But we have pockets of excellence so we can share best practice.”

    INEOS O&P has already started to reduce its dependence on gas and oil by using waste plastic to make a new range of plastics that have been hailed as ground-breaking.

    And some of its energy-intensive sites in Belgium are now being powered by renewable electricity instead of fossil fuels – a move that will cut INEOS’ emissions by 1.9 million tonnes of CO2 every year.

    INEOS Phenol in Antwerp believes it has the potential to halve its emissions by 2030 compared to 2019, by sourcing clean power, using more hydrogen and steam, and finding a customer for residue it normally burns.

    Each business is using the INEOS science base to calculate their current emissions and set out their future reductions.

    Ultimately, though, the company will be working with the Science Based Targets initiative (SBTi) to validate the emission reduction in line with climate science.

    “These targets provide companies with a clearly defined path to reduce emissions in line with the Paris Agreement goals,” said a spokesman for Science Based Targets.

    3 minutes read Issue 22
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    Platinum and gold awards for sustainability

    Sustainability is a way of life at INEOS because it drives innovation. Doing good is also good for business. For over the years, it has become increasingly important to INEOS’ employees, communities, customers and investors.

    “It’s our licence to operate,” said sustainability officer Marie Casier. “And it is what our suppliers and customers quite rightly want to see.”

    INEOS Europe’s rating has improved immeasurably since 2016 when it first asked EcoVadis to judge its commitment to building a more sustainable and environmentally-sound business.

    Those improvements have led to gold and platinum awards in recent sustainability assessments by the independent organisation, which specialises in assessing the performance of companies globally.

    INEOS Styrolution achieved a platinum award, placing it in the top 1% of the best-rated chemical businesses in the world while INOVYN and INEOS Europe AG achieved gold ratings, placing them in the top 4% of the 65,000 companies rated.

    “We were especially recognised for our environmental performance, reflecting our commitment to carbon emission reduction targets and to recycling and the circular economy,” said Marie.

    This year INEOS has been collecting data from all businesses to make a group submission to EcoVadis.

    It is hoped that the decision to introduce a group-wide Supplier Code of Conduct will be warmly received.

    For the code sets out INEOS’ position, in that it only wants to do business with suppliers – both upstream and downstream – who share a similar ethos on sustainability.

    David Thompson, CEO of Trading and Shipping, led the procurement directors’ group who produced the code.

    “We work with thousands of suppliers and we expect that they already adhere to most of the rules in the code,” he said. “But what we hope to do is encourage them to also adhere to our safety standards and our expectations on protecting the environment.

    “It is way of also assuring all of our stakeholders that our suppliers are equally aligned with our own objectives.”

    The code is available in 24 languages, including Arabic, Russian and Mandarin, to ensure it is understood at INEOS’ sites around the world.

    Jacob Dossett, feedstock procurement manager for INEOS Nitriles, helped to draft the code.

    “It summarises what we expect of everyone in our supply chain and we aim to reserve the right to terminate business with anyone who is unable to align with our expectations,” he said.

    2 minutes read Issue 22
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    Recycling world first

    INEOS is to work with French dairy group Lactel to produce the world's first UHT milk bottles from recycled plastic. Initially 140,000 milk bottles will be made at Lactel's Montauban production plant in France, using plastic waste that has been turned back into high-density polyethylene using advanced recycling technology.

    The collaboration is viewed by both companies as a major milestone on the road to creating a circular economy for the packaging industry.

    Recycled plastics have, in the past, not been allowed to come into contact with food or liquid because second-hand plastics risk contamination, which can be dangerous for human health. This collaboration could help to change that.

    “Using advanced recycling, we will be able to supply virgin quality polymer from recycled plastic that is ideal for even the most demanding food contact applications like milk,” said Xavi Cros, CEO INEOS Olefins & Polymers Europe/South. “It’s another big step in the right direction.”

    Lactel, which was founded in 1967, is the first dairy brand, in collaboration with INEOS, to explore a solution for UHT milk bottles.

    “We are extremely excited to bring this new environmental innovation to our iconic milk bottles,” said General Manager Anne Charles-Pinault.

    INEOS will use advanced recycling technology to convert the plastic waste into raw materials for its European crackers.

    Those raw materials will replace gas and oil. But the end result will be the same – high-density polyethylene of the highest quality that can be used by Lactel to make its UHT milk bottles.

    Lactel’s plant has already received the blessing of the globally-respected Roundtable on Sustainable Biomaterials.

    It has certified that the bottles produced in this way will be compliant with food safety regulations and fully recyclable.

    2 minutes read Issue 22
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    Keeping cool in a COVID crisis

    About 40 years ago, a father and son were working as missionaries in some of the poorest places on earth. They were assisting clinics where people were desperately in need of medical supplies.

    But when those life-saving vaccines and medicines finally arrived, very often the journey had taken its toll, rendering them almost useless. Inadequate storage was also proving a headache.

    As a result of being unable to keep those medicines cool, Keith Meyer and his son Chris witnessed needless deaths and suffering.

    When they returned to Ohio in the US in 1979, they were determined to find a solution to keeping medicines cool during transit.

    Keith quit his job at the YMCA and started VacuPanel with his son Chris. Together they developed a vacuum insulation panel to keep vaccines cold.

    During the anthrax threats of the late 1990s, the US armed forces turned to their system to deliver anthrax vaccine to military personnel.

    From there, they inspired CSafe Global, the leader in cold chain supply logistics, and the company which is now transporting COVID-19 vaccines to the remotest parts of the world thanks to its fleet of tailor-made, thermal shipping containers.

    CSafe Global, which is working hand-in-hand with BioNTech’s facility in Germany to ship the Pfizer-BioNTech vaccine around the world, says its containers can store medicines at -70°C for at least 10 days.

    Those containers are now being flown around the world – even delivering vaccines from Germany to China.

    “Maintaining the proper temperature for any vaccine is critical to ensuring its effectiveness,” said Scott Reeve, President of Composite Advantage, which he founded in 2005 and is now part of the Creative Composites Group.

    One of its first products were the lightweight fiberglass container shells that provide the structure for these containers transported by aircraft. CSafe assembles the containers using the shells.

    “When complete, it is similar to opening the doors to a nice refrigerator with an internal gel coat,” said Scott. “The active cooling system ensures that products are not damaged when there are flight delays due to weather or mechanical issues.”

    INEOS Composites provides Scott’s company with Derakane® epoxy vinyl ester resins which it, in turn, uses to make the fiberglass reinforced shells and panels for CSafe Global shipping containers.

    “In order to pass Federal Aviation Administration requirements, we use a fire resistant resin,” said Scott.

    It’s a relationship that has been nurtured for years by both Composite Advantage and INEOS Composites since the first containers were manufactured in 2006.

    “Many of our customers are often smaller firms who lack resources for research and development, so INEOS extended its marketing and R&D support to Composite Advantage when they were starting out,” said Thom Johnson, Business Manager at INEOS Composites.

    “In return, Composite Advantage centred their product development around INEOS’ resins. The result has been a long and fruitful relationship as both companies have grown in this market segment.”


    Father-son duo invent hi-tech cooler

    Keith Meyer and his son Chris, who witnessed needless suffering while working as missionaries in some of the poorest places on earth, inspired CSafe Global.

    Derakane® epoxy vinyl ester resin

    INEOS Composites provides Composite Advantage with Derakane® epoxy vinyl ester resins which it, in turn, uses to make the fiberglass reinforced shells and panels for CSafe Global shipping containers.

    -70°C

    CSafe Global, which is working hand-in-hand with BioNTech’s facility in Germany to ship the Pfizer-BioNTech vaccine around the world, says its containers can store medicines at -70°C for at least  10 days.

    5 minutes read Issue 22
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    Polystyrene unpacked

    Five years ago, environmentalists were calling for polystyrene to be banned. Greenpeace described it as a 'problem plastic' because it was 'very difficult' to recycle. But that was then; this is now.

    Next year a pilot plant will be built in the UK to test whether polystyrene can be successfully recycled on a commercial scale.

    If the trials with Trinseo and Recycling Technologies are a success, INEOS Styrolution will invest in a commercial, polystyrene recycling plant in France – and Trinseo will build one in Belgium.

    UK-based Recycling Technologies Ltd are the brains behind the pioneering technology that will allow polystyrene to be used, and reused, over and over again without losing any of its quality.

    “This business was born out of a global environmental crisis,” said CEO and founder Adrian Griffiths. “We share a common sense of urgency and a burning passion for our planet.”

    Since it was formed in 2011, it has been developing the technology to recycle mixed plastic waste.

    “Our core technology was initially targeted at polyolefins, but we started to adapt it to polystyrene for INEOS in 2018,” he said.

    For two years INEOS Styrolution has funded Recycling Technologies Ltd’s research to find a solution to turn polystyrene back into a virgin oil. And it is research that has paid off.

    Producing recycled polystyrene from polystyrene, instead of gas, will also lead to a significant reduction in greenhouse gas emissions.

    “INEOS Styrolution and Trinseo are the two biggest polystyrene producers in Europe with whom we share the vision to make polystyrene a circular material,” said Adrian.

    Polystyrene has served society for almost 100 years and was one of the first polymers to be used commercially.

    Today it is used to package fresh food because it helps to reduce the amount of food being wasted.

    But it is most widely used to package and protect white goods during transit.

    Initially Recycling Technologies will be focusing on single-use polystyrene packaging, which makes up almost half of polystyrene uses.

    But it will also be collecting and recycling dairy packaging, such as yogurt pots, food trays and vacuum-formed plastic cups.

    “Historically polystyrene has been difficult to recycle and it is not collected in the household recycling waste stream which makes it difficult to find.” said Adrian.

    But the three companies, which will be working together, are determined to make it work.

    “We are convinced that a combination of technology, innovation and determination can make a true difference to today’s world,” said Adrian.

    “We believe plastic is a great material and an integral part of the solution to reducing our carbon footprint.”

    The technology

    The polystyrene waste is shredded and then fed into a thermal cracker where it is turned back into an oil, which is good as the original.

    2 minutes read Issue 22
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    Call of the Wild

    USANGU is a vast, unspoilt, uninterrupted wilderness in southern Tanzania. It’s home to elephants, buffalo, lions, leopards, wild dogs and tiger fish. The only way into this part of the Ruaha National Park used to be on foot.

    As such it made it difficult to protect the animals from poachers.

    But the logistical challenges were just part of the problem.

    “When these parks don’t contribute good revenues compared to the more famous national parks, they can be seen as problem areas to the government,” said Brandon Kemp, Country Director Tanzania for Asilia Africa.

    But one man's problem became another man’s opportunity – and Asilia, one of the country’s leading safari companies, is now working on a new initiative with further backing from INEOS Chairman Sir Jim Ratcliffe.

    “The more tourism we can get in there, the more secure it will be,” said Brandon.

    What they want to offer, though, is a safari with a difference, where the guests are involved in the research and conservation.

    In June, a small expedition camp will be set up next to the research team.

    There will be just four tents for guests, one car, one boat, one canoe and one walking guide.

    “We have just put our first road in there, but we are going to keep it very simple,” said Brandon. “It will be like going back in time to how safaris used to be.”

    The team are grateful to Dr Eblate Ernest Mjingo, now director-general of The Tanzania Wildlife Research Institute, who has helped to change mindsets.

    “For the first few years, the government didn’t allow us to even talk about tourism and research in the same sentence,” said Brandon. “Now we can.”

    Jim, who has been on countless safaris over the past 20 years, has been working with Asilia since 2015.

    He believes developing tourism in southern Tanzania will open the eyes of the world to a place of immense beauty and importance – and help to create local jobs and prosperity.

    “When a local community benefits from high-quality employment from tourism, poaching flips to protection to preserve those jobs,” he said.

    With Jim’s help, Asilia went on to open a camp and a private lodge in Ruaha National Park and its first camp in the heart of the Selous Game Reserve, now Nyerere National Park.

    Back then, only a handful of travellers had ever set foot in the reserve, which is larger than Switzerland, or in the Ruaha National Park, which is the size of New Jersey in America.

    The conservation initiative is focused on Usangu, where the Great Ruaha River starts its 450km journey.

    “It is a fascinating project,” said Brandon. “Usangu is an area that is sensitive and needs as much help as it can get.”

    The team has been given access to all 6,000 square kms so it can carry out its full, bio-diversity audit and better understand all the animals that live there.

    “We are measuring everything from insects to the big five,” he said. “Who knows, we might even find a new species of frog.”

    The work on the ground has already started, but the team is considering buying a small plane this year so it can patrol the area more easily.

    The team is also working with the Tanzania National Parks Authority to combat wildlife crime.

    Asilia

    Asilia Africa offers an authentic East African safari experience that leaves a positive impact on Africa’s crucial wilderness areas.

    Guests are actually donors and, by visiting the region, are not only participating in something unique, but also contributing to the research, security and peripheral community of the Usangu Wetland.

    Asilia hires and empowers local staff to work alongside community and conservation programmes. Hamza is just one of them, He has now been working for Asilia for more than nine years. ‘Becoming a guide has been my biggest achievement,’ he says.

    4 minutes read Issue 22
  • inch22_article10.jpg

    Thinking Big

    As statistics go, The Daily Mile has racked up a fair few. More than three million children from 85 countries are now taking part in The Daily Mile and it recently signed up its 13,114th school. But there's one equally impressive statistic that often goes unnoticed.

    For there are just eight people in the core team who are overseeing the global rollout of The Daily Mile initiative – Jessica Ard, Bill Russell, Anna Limbach, Tilly McAuliffe, Caitlin McConnell, Hannah Oakes, Thomas Manfredini and Fiona Paterson.

    “They do an incredible job and they are really making a difference, by talking to schools, posting online and working with our extensive partners,” said John Mayock, director of The Daily Mile project.

    “But we are always on the lookout for partners on the ground who can help us to spread the message of the benefits of The Daily Mile, given its simplicity to implement.”

    It’s a call to action from INEOS employees because COVID-19 – far from derailing the programme – has actually helped to increase awareness of the need to stay healthy, both mentally and physically, during lockdown.

    “People have been looking for what they can do during lockdown to increase their health and wellbeing and The Daily Mile, because it is such a simple initiative, has been something they can do at home,” said John.

    The UK/US-based team have set themselves some strategic, long-term goals.

    And partnerships with key supporters will be key.

    In England, it is Sport England. In Scotland, the government. In France, Le Coq Sportif. And in Spain, it’s a high-profile national cancer association.

    “The Daily Mile will thrive under any condition because it is a simple and tried-and-tested initiative,” said John. “The key is about getting the right people and organisations in place to influence schools and community leaders.”

    Over the coming year, the focus will be on spreading the message about The Daily Mile more widely in America.

    “We have got 52 states to go at,” said John.

    The team have recently signed agreements with The National Dairy Council and Seattle Marathon to implement The Daily Mile across their networks.

    “These are very exciting opportunities for us to test the partnership model,” he said.

    The former Olympic athlete, who competed in the Commonwealth Games, also recently contacted ambassadors of all countries in the Commonwealth to gain support for adopting The Daily Mile.

    “The response was overwhelming,” he said.

    Contact The Daily Mile at the foundation's global website:

    www.thedailymile.org

    3 minutes read Issue 22
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    Challenge of a lifetime

    INEOS’ dream of winning the America’s Cup – and ending 170 years of hurt for Britain – is over.

    Everyone on INEOS TEAM UK, down to the man who had to weigh every nut and bolt on the raceboat, had been focused on bringing home sailing’s greatest prize for the first time.

    But in the end, despite four years of dedication, hard work, grit and hundreds of thousands of man hours from the 100+ strong team, it was not to be.

    “We started this team in 2014 with the goal to bring the America’s Cup back to Britain and as far as we’re concerned, we still need to get the job done,” said skipper Sir Ben Ainslie.

    During the warm-up races in December, the British team had struggled with technical issues and Britannia lost every race.

    But changes were made to the boat  – and they went on to win every round robin race to qualify for the Prada Cup Final.

    “That was an amazing event to watch because it was such a turnaround in our fortunes,” said INEOS Chairman and Founder Jim Ratcliffe.

    But in the end, light winds favoured the Italian team, Luna Rossa Prada Pirelli, in the Prada Cup Final.

    “They had the better overall package across the range of wind conditions and deserved to take the final,” said Sir Ben.   

    Despite the disappointment, the four-time Olympic gold medallist said he could not be more proud of his team.

     “We really did fight until the end,” he said. “We are just sorry we couldn’t bring it home for our supporters.”

    But in the America’s Cup which followed, it was the Italian team, Luna Rossa Prada Pirelli, who were left fighting.

    They lost 7 – 3 to defending champions Emirates Team New Zealand.

    Over the past four years, the British team has been focused solely on winning sailing’s most coveted and oldest trophy.

    “We’ve learnt a huge amount throughout this campaign and now we need to go back and analyse where we didn’t get it quite right,” said Sir Ben. “Both Luna Rossa and Team New Zealand have been in this game 20 and 30 years respectively. That learning and development is key.”

    The British team had been working in partnership with Mercedes-AMG Petronas F1 team.

    Up to 30 of Mercedes’ applied science team, led by director Graham Miller, had manufactured some of the most sophisticated technology ever seen in The America’s Cup.

    “The attention to detail at Mercedes F1 is phenomenal,” said Nick Holroyd, Chief Designer INEOS TEAM UK. “They gave us a leg-up. They took the underpinnings of what we started and added a layer of sophistication and detail to it. They brought exactness to our campaign.”

    The Brackley team had also used their F1 know-how to help the INEOS team develop and implement innovations in engineering, human science, simulation and data analysis.

    While F1 drivers are in direct contact with the ‘pit wall’ – a place where all strategic decisions are made by backroom staff during a race – such a concept was almost unheard of in the world of sailing.

    Until now.

    During training, a 750-horsepower RIB had raced alongside Britannia.

    Onboard the RIB were designers and engineers working with some of the most advanced technology in world sport.

    Onboard Britannia, and mostly invisible to the naked eye, were about 1,000 sensors which fed more than one million bits of data back to the design team every day.

    Everything was monitored and analysed – from the sailors’ heart rates to the speed of the wind.

    Some of that data was monitored live to ensure the crew’s safety while out on the water.

    During training most of the data was analysed by the entire design and sailing team the following day.

    Britannia was made up of about 17,300 individual parts, which were all tested and weighed before they went on the boat.

    Current cup holders Emirates Team New Zealand had insisted that each boat must not weigh more than 6520kg.

    “There was no give or take,” said Sir Ben.

    At INEOS TEAM UK, it had been naval architect Alan Boot’s job to monitor the weight of the boat.

    He had to record everything that went on board, from the bolts on the instrument displays to the drive train assembly, and flag up any potential problems.

    To help cut down on the crew’s weight, the wing trimmer, the pilot and Sir Ben had all shed a few pounds.

    “It was the grinders we wanted to be as heavy as they possibly could be to maximise the power output,” said Sir Ben.

    The America’s Cup – described by Sir Jim as the pinnacle of sailing – is the only major international sporting trophy that Britain has failed to win.

    Despite 2021 not being Britain’s year, Sir Ben said he hoped to be back.

    “INEOS have been amazing backers and partners and we can’t give them enough thanks for that over the past four years,” he said.

    “But with INEOS it’s not just the financial backing. It’s the approach they take to business and why they are so successful. It’s that attention to detail, rigour and determination that we share in the sporting world.”

    For all the latest news about INEOS TEAM UK, please log on to  www.ineosteamuk.com


    Britannia
    Britannia has changed significantly from the team’s first race The AC75 cannot weigh more than 6,520kg without the sails and crew.

    Crew
    The 11 crewmen must not weigh more than 990 kg and are allowed a total of 55 kg of personal equipment, including wet suits, shoes, life jackets, radios, headsets and any food and water.

    10 years
    It took 90,000 + hours to design – the equivalent of about 10 years.

    17,300
    Britannia is made up of 17,300 individual parts. Each one is weighed before it goes aboard.

    Wing Foils
    The wing foils were made at Mercedes F1’s headquarters in the UK and enable Britannia to fly.

    Weatherman
    A Spaniard, who has navigated some of the world’s most difficult oceans, is the team’s weatherman. Juan Vila regularly briefs the team about the weather so they can plan ahead – and know what to expect.

    50,000
    It took 50,000 +
    hours to build.

    Sensors
    There are about 1,000 sensors feeding over one million bits of data back to the design team every single day.

    Live Data
    British company Papercast has designed and built a bespoke, lightweight, waterproof and robust unit that feeds real-time information to enable the team to keep the unstable boat flying flat and fast. The live data is streamed around the boat because every milli-second counts. All of the crew’s decisions are based on the information they can see in front of them.


    Elaine does the honours

    A retired head teacher, who has helped to inspire millions of children around the world to be active for 15 minutes every day and enjoy the great outdoors, is Britannia’s Godmother. Elaine Wyllie joins an impressive line-up of ships’ Godmothers including legendary Hollywood actresses Whoopi Goldberg, Helen Mirren, Julie Andrews and Sophia Loren.

    INEOS TEAM UK had hoped The Queen might do the honours, given that Britannia is named in honour of her great grandfather’s racing cutter.

    But due to COVID-19, she has been unable to take on any more engagements.

    “I think it’s absolutely incredible to be the second choice after the Queen,” said Elaine, who founded The Daily Mile. “In fact, it makes it even more of an honour.”

    Elaine, who was awarded an MBE by the Queen in 2019, will not be in New Zealand to watch the crew race but planned to savour every minute of every race – on television.

    “Britannia will be in my thoughts and I will be glued to the TV,” she said. “As well as being a magnificent feat of engineering, she is absolutely beautiful and I am very proud of her and her crew.”

    The original Britannia racing cutter – built for King Edward VII – enjoyed huge success, winning 231 races.

    In her final years, she was raced by King George V.

    His dying wish was for Britannia to follow him to his grave.

    When he died in 1936, Britannia was towed out to St Catherine’s Deep off the Isle of Wight and scuttled by the Royal Navy in the same waters where the first America’s Cup was raced in 1851.

    6 minutes read Issue 21
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    The rise of the superbug

    The overuse and misuse of antibiotics poses a serious threat to humanity but underfunding means little has been done to address the problem. All that is about to change, thanks, in part, to a £100 million gift from INEOS to Oxford University


    A silent killer, which threatens to claim more than 10 million lives every year by 2050, must be tackled before it’s too late, say scientists. They fear unless new drugs are found to replace existing antibiotics that have lost their efficacy, common infections, which have been successfully treated with antibiotics for decades, could become killers once again.

    Misuse and overuse of antibiotics are to blame for their demise, and underfunding means little has been done to address what is deemed to be one of the biggest rising threats to global health since COVID-19.

    “COVID-19 has been like an earthquake,” said Professor Tim Walsh. “It’s been rapid and sudden, whereas antimicrobial resistance, you can’t see it, you can’t feel it, but nonetheless it’s increasing year on year.”

    But all that is about to change.

    INEOS has committed £100 million to support research at Britain’s Oxford University into the growing resistance to antibiotics.

    “Antimicrobial resistance is one of these hidden dangers for the human race,” said INEOS Chairman and Founder Sir Jim Ratcliffe. “But I don’t think it is widely recognised yet.”

    All modern surgery and cancer treatments rely on the use of effective antibiotics to reduce infections.

    “To lose this precious gift will signal a return to a pre-antibiotic era,” said Mr David Sweetnam, Chairman of the new INEOS Oxford Institute for Antimicrobial Research. “We now have a very narrow window of opportunity in which to change course and prevent the unthinkable from becoming the inevitable.”

    Illnesses which have evolved to become difficult or impossible to treat with antibiotics already kill about 1.5 million people a year.

    But scientists warn that medicine will be taken back to the dark ages if antibiotics are rendered ineffective – and millions will die.

    “If this pandemic has taught us anything, it is the importance of not ignoring high consequence events that are headed our way,” said Professor Louise Richardson, Vice Chancellor of the University of Oxford.

    It is estimated that about 80% (by weight) of worldwide antibiotics are used in animal agriculture, not always directly to treat infection, but often to promote growth for meat.

    “This over-usage is helping infections to develop drug resistance in humans too, and damages the medical frontline,” said Professor Walsh. “The new INEOS Oxford Institute will be unique in researching novel, animal-specific drugs, to preserve human medicines' effectiveness for longer- which could have a significant impact on delaying the AMR crisis."

    Oxford University played a crucial role in the early development of antibiotics in the 1940s.

    Alexander Fleming, a Scottish physician and microbiologist, had discovered penicillin by accident by 1928 but it was a team of scientists at Oxford who turned Fleming’s discovery – that the Penicillium mould genus produced a substance that inhibited the growth of some bacteria – into the wonder drug that has saved so many lives.

    After this, followed a golden era of antibiotic research and discovery, but this ran out of road. No new antibiotics have been successfully developed since the 1980s.

    “This donation will allow us to do work on antibiotics that we have been dreaming about doing for the past couple of decades,” said Professor Chris Schofield, Academic lead (chemistry) at the INEOS Oxford Institute.

    Mr Sweetnam said the COVID-19 pandemic had shown the world the importance of science and research.

    He pointed out that the vaccines, which were created in record time, had been developed from research conducted long before COVID-19 struck.

    “It’s clear that we must be looking right now for new antibiotics with the same urgency as we have been for vaccines,” he said. “The consequence of continued complacency doesn’t bear thinking about.”

    INEOS’ donation is one of the largest ever given to a UK university.

    “It is an example of a powerful partnership between public and private institutions to address global problems,” said Professor Richardson.

    Lord O’Neill of Gatley, the economist who co-authored the book Superbugs: An Arms Race against Bacteria, said INEOS' success in the chemicals industry coupled with the great minds of Oxford University and collaborating scientists offered hope.

    “This new Institute, applying a model of reinvesting profit to drive further progress in the field, could be the breakthrough moment the global AMR challenge needs,” he said.

    Without urgent collaborative action to halt the rise of superbugs, mankind could return to a world where taken-for-granted treatments such as chemotherapy and hip replacements could become too risky, childbirth becomes extremely dangerous, and even a simple scratch could kill.


    INEOS’ £100 million gift will enable around 50 researchers over the next 5 years to:

    ADDRESS the overuse and misuse of antibiotics

    COLLABORATE with other global leaders in the field of antimicrobial resistance to prevent common microbes becoming multi-drug resistant superbugs, such as MRSA

    DEVELOP new drugs for both people and animals

    5 minutes read Issue 21
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    Why the world needs a clean break

    INEOS is now channelling its energy and expertise into a new business which has just one aim: to cut CO2 emissions. Its new UK-based business will focus on ramping up production of clean hydrogen across Europe – for its own sites, but critically for other industries now seeking affordable, low-carbon energy.

    “We have already been approached by several potential strategic partners, ranging from other chemical partners to connections in the automotive industry,” said Wouter Bleukx, who is manager of the newly-formed Hydrogen Business Unit. “We soon hope to disclose more about these partnerships.”

    INEOS-owned INOVYN is Europe’s largest existing operator of electrolysis, the same critical technology which can use carbon neutral energy to produce hydrogen for power, industry and transport.

    It also knows how to store and handle hydrogen safely and is working on a first project to potentially store hydrogen in one of its enormous salt caverns in the UK.

    “We are uniquely placed to play a leading role in developing these new opportunities,” said Geir Tuft, CEO of INOVYN.

    INEOS produces 300,000 tonnes of hydrogen every year, mainly as a co-product from producing chlorine and cracking oil and gas to make olefins and polymers.

    Most of the hydrogen is either burned as a fuel or used to make other chemicals.

    But INOVYN believes more can be done for the greater good of society.

    In the last edition of INCH, Chris Stark, CEO of The Committee on Climate Change, described hydrogen as the Heineken of fuels because of all the parts it reaches.

    “We can use it to heat homes and power transport and industry,” he said.

    He told INCH that it was impossible for the world to achieve net zero emissions – and, in doing so, drastically cut harmful CO2 emissions – without it.

    INEOS is already involved in several projects to encourage others to use hydrogen instead of gas and oil.

    Its new Hydrogen Business Unit will work under the umbrella of INOVYN but its strategy will apply to all of INEOS’ businesses around the world.

    It aims is to build a large-scale hydrogen production unit within five years.

    Earlier this year the European Commission unveiled its own hydrogen strategy. Wouter said that this European roadmap, for widespread use of hydrogen across Europe by 2030 and beyond, presents fresh opportunities for INEOS’ new business.

    “Hydrogen is an important part of a climate neutral economy that has been discussed for decades,” he said. “Finally, a hydrogen-fuelled economy is within reach.”


    • The Clean Hydrogen Business Unit will have its headquarters in the UK.
    • Our aim is to cut CO2 emissions across all INEOS sites and other European industries with the use of clean hydrogen.
    • INEOS will be ramping up production of clean hydrogen across all its European manufacturing sites.
    • The production of hydrogen based on electrolysis, powered by zero carbon electricity, will provide flexibility and storage capacity for heat and power, chemicals and transport markets.

    4 minutes read Issue 21
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    It's time for a new industrial revolution

    It was once the cradle of the Industrial Revolution. Now – 260 years on – those towns and cities, which were once powered by coal, could be on the brink of changing the face of how the world works once again. HyNet North West in the UK will play a leading role in the world’s fight against climate change. And INEOS-owned INOVYN has an important part to play in this industry-led and inspired project.

    It is one of a consortium of world-leading organisations committed to tackling the climate crisis.

    Together they want to create a network so that hydrogen can be produced, safely stored and distributed to decarbonise the North West of England and North Wales.

    “Our job will be to provide a place to store the hydrogen in vast quantities,” said Richard Stevenson, INOVYN’s Storage Projects Manager. “Only then can the network cope with changes in supply and demand. By providing large-scale storage, we will greatly enhance the system’s resilience.”

    It’s an ambitious, but deliverable, project that is viewed by those involved as an opportunity not to be missed.

    For these low carbon hydrogen technologies – combined with carbon capture and storage – could help to reduce CO2 emissions by 10 million tonnes every year by 2030.

    That’s the equivalent of taking four million cars off the road or heating more than five million homes.

    “The project is a game-changer and will provide a lasting legacy for generations to come in the North West and North Wales,” said Richard.

    It is hoped that by as early as 2025: 400,000 tonnes of CO2 will be captured from industry.

    A low carbon hydrogen plant will be in operation at Stanlow Refinery to produce 350MW – enough energy to heat about a third of a million homes with natural gas boilers.

    Offshore and onshore gas extraction assets will be repurposed so that one million tonnes of CO2 can be transported and stored in three depleted gas reservoirs under the seabed in Liverpool Bay, and construction of the UK’s first hydrogen pipeline network will be underway to supply local industry and to blend up to 20% hydrogen with natural gas into the local networks.

    “This level of blending can be used with existing gas boilers and cookers, and is seen as an important step towards decarbonising homes,” said Richard.

    By 2030, HyNet plans to be delivering 30TWh/y of low carbon hydrogen across the North West to industry, flexible power generation, transport and heating.

    “That’s about 45% of the amount of energy currently delivered in the gas network in the region,” said Richard.

    INOVYN will develop the first, large-scale underground facility in the Cheshire salt basin to store vast quantities of hydrogen and connect to the UK’s first hydrogen network of 350km of new pipes.

    Networked hydrogen will accelerate the decarbonisation of heavy transport including trains, HGVs, buses and ships.

    By 2030, HyNet also plans to capture a further one million tonnes of CO2 from industry every year.

    If successful, the project will establish the UK as a world leader in clean energy innovation and show what can be achieved through collaboration.

    This year the UK government, which recently set a legally-binding target of net zero emissions by 2050, will publish its much-anticipated, national hydrogen strategy.

    “Both government and industry see hydrogen as having a clear role, alongside electrification, in creating a greener and cleaner future,” said David Parkin, of Progressive Energy, HyNet’s Project Director.

    www.hynet.co.uk


    INOVYN
    INOVYN will develop the first, large-scale underground facility in the Cheshire salt basin to store vast quantities of hydrogen and connect to the UK’s first hydrogen network of 350km of new pipes.

    10M Tonnes
    Reduce CO2 emissions by 10 million tonnes every year by 2030. That’s the equivalent of taking four million cars off the road or heating more than five million homes. 

    30TWh/y
    By 2030, HyNet plans to be delivering 30TWh/y of low carbon hydrogen across the North West to industry, flexible power generation, transport and heating.

    2050
    This year the UK government, which recently set a legally-binding target of net zero emissions by 2050, will publish its much-anticipated, national hydrogen strategy.

    5 minutes read Issue 21
  • inch21_0002_Layer 8.jpg

    Global thinking

    Two world-class companies, which believe hydrogen could power the global economy of the future, are now working together. One is Hyundai, one of the largest car manufacturers in the world. The other is INEOS, one of the biggest chemical companies on the planet.

    They have signed a ‘memorandum of understanding’ to explore fresh opportunities for producing, supplying and using hydrogen in everyday life.

    “The agreement presents both companies with new opportunities to extend a leading role in the clean hydrogen economy,” said Peter Williams, INEOS Group Technology Director.

    “We will initially seek to facilitate public and private sector projects focused on the development of a hydrogen value chain in Europe.”

    Both companies know the value of hydrogen, which has been described in the past as the Heineken of fuels because of all the parts it reaches.

    It can be used to heat homes, and power transport and industry. And when burned as a fuel, it emits only water.

    INEOS produces about 300,000 tonnes of hydrogen a year, mainly as a by-product from making chlorine and cracking gas and oil to make olefins and polymers.

    Hyundai pioneered the world’s first mass-produced hydrogen-powered car in 2013.

    Since then, the car manufacturer, which wants to increase its annual production of hydrogen fuel cell systems to 700,000 units by 2030, has travelled further down that road.

    The company’s hydrogen-powered NEXO SUV has been described as a car so beautifully clean that it purifies the air as it goes. It takes just five minutes to fill the tank and that full tank lasts for 414 miles.

    As part of the agreement, which was signed in November, the two companies will be exploring whether Hyundai’s second generation fuel cell system can be used in INEOS’ 4x4, The Grenadier.

    Saehoon Kim, Senior Vice President and Head of Fuel Cell Centre at Hyundai Motor Company, said he hoped Hyundai’s decades-long expertise in hydrogen fuel cell could be combined with INEOS’ expertise to help mass produce green hydrogen and fuel cells for The Grenadier.

    “This will provide an important low-carbon option across a wide range of sectors,” he said.

    Pete said INEOS’ experience in storing and handling hydrogen, combined with its established know-how in electrolysis technology, put INEOS in a unique position to drive progress towards a carbon-free future based on hydrogen.


    INEOS buys car plant to build 4 x 4

    “It was a unique opportunity that we simply could not ignore,” said INEOS Chairman Sir Jim Ratcliffe. “INEOS Automotive set out a vision to build the world’s best utilitarian 4x4, and, at our new home in Hambach, we will do just that.”

    The site currently builds Daimler’s Smart EQ fortwo electric vehicles.

    Under the deal, INEOS Automotive will continue to produce the Smart car and parts for Mercedes-Benz.

    “This acquisition marks our biggest milestone yet in the development of The Grenadier,” said CEO Dirk Heilmann.

    “Alongside the exhaustive testing programme that our prototype vehicles are now undergoing, we can now begin preparations at Hambach to build it.”

    The first Grenadier is expected to roll off the production line in early 2022.

    Dirk said the factory, which is about 200k from Stuttgart, was perfectly placed to tap into supply chains.

    4 minutes read Issue 21
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    Hope for the future

    BIOVYN™, a new generation of PVC – made from the residue of the wood pulp process, instead of purely gas and oil – is about to make the next generation proud. It has been commandeered for a new ‘fossil-free’ pre-school in the Swedish city of Gothenburg, which has ambitious plans to cut the city’s greenhouse gas emissions by 75% by 2050.

    For INEOS-owned INOVYN, the brains behind this new PVC, it is a great honour to be involved in what is known as The Hope Project.

    “It is an innovative project to prove the concept that fossil-free construction is possible,” said Inna Jeschke, Marketing Manager at INOVYN.

    “It has brought together a range of sustainability experts, innovators, entrepreneurs and suppliers to deliver a truly sustainable community building.”

    INOVYN has partnered with Pipelife Sweden which has been commissioned to supply the sustainable PVC pipes.

    “We have managed to lower the carbon footprint for these pipe installations by no less than 76%,” said Pipelife project manager Ove Söderberg.

    The beauty of BIOVYN™, although more expensive than conventional PVC, is twofold.

    It is not only made primarily from a renewable raw material not competing with the food chain but, compared to conventionally-produced PVC, greenhouse gas emissions are cut by more than 90% during production.

    “The sustainable and innovative nature of BIOVYN™ make it the perfect choice for this flagship project,” said Ove. BIOVYN™, which was revealed to the world in October 2019, is the world’s first commercially-produced, bio-attributed PVC.

    And it has been winning fans – and sales – all over the world ever since.

    “We have had amazing interest from all corners of the globe and also from all possible applications, from direct  customers in the flooring and pipe industries and a lot from brand owners, including a prominent car manufacturer,” said Inna.

    But it didn’t happen overnight. First INEOS O&P in Köln, Germany, had to be satisfied that they could secure the biomass – the renewable raw material.

    Once the team in Köln had done that, they had to ensure it could be converted into bio-ethylene in its existing cracker.

    Once that hurdle had been cleared, the bio-ethylene was piped directly to INOVYN’s plant at Rheinberg in Germany where it was used to produce BIOVYN™.

    The bio-attributed PVC’s sustainable credentials have already been certified by The Roundtable on Sustainable Biomaterials (RSB), whose global mission is to support best practice for sustainable bio-material production.

    PVC is essential for modern life today and is already widely used in the renewable energy sector, in cars, buildings, floors, technology and in medical equipment.

    “BIOVYN™ pushes sustainability even further,” said Luc Castin, Business Manager, INOVYN.

    Rolf Hogan, Executive Director of RSB, has described INOVYN’s latest PVC product as a true leader in the emerging circular bio-economy.

    6 minutes read Issue 21
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    Zero tolerance

    INEOS in Antwerp has pledged to beat targets set by the EU for reducing greenhouse gas emissions. Hans Casier, CEO of INEOS Phenol & Nitriles, said concentrating on reducing emissions at source rather than just capturing and storing them will be key. “All our sites in Antwerp now have a clear, achievable roadmap,” he said.

    The plan will mean INEOS will reach net zero emissions across its business in the Port of Antwerp by 2050 at the latest.

    But it also takes into account the EU’s ambition to reduce greenhouse gas emissions to at least 55% below 1990 levels by 2030.

    A new €5 billion cracker and propane dehydrogenation complex will be built in Antwerp - and supplied with energy from ENGIE’s wind farm in the North Sea.

    The new complex will enable a step change reduction in emissions associated with the manufacture of olefins, the key chemical needed by the car, construction, transport and medical industries.

    In addition to switching to green electricity, INEOS also plans to extend its collaboration in existing industrial waste heat and steam networks in the region and increase the use of hydrogen in its chemical processes and power plants.

    The company is also involved in an ambitious plan at Lillo to mix captured carbon dioxide with green hydrogen to produce methanol, a chemical widely used in everything from clothing to fuel.

    The use of more recycled, or bio-attributed, raw materials, alongside gas and oil, is also being explored.

    "All these activities will be underpinned by an ongoing drive to improve the energy and resource efficiency of our processes,” said Hans.

    Although the focus will be on avoiding the production of CO2 , rather than waiting to collect and store it later, storage should still be an option for INEOS in the future.

    As such, INEOS can rely on experience at its existing carbon capture plants in Zwijndrecht, Tavaux, Lavera and Köln.

    Currently about 100,000 tonnes of CO2, which is produced as by-product of the ethylene oxide process at Zwijndrecht, is captured, purified, liquefied, sold and reused.


    INEOS draws up clear roadmap

    The roadmap has been drawn up to show INEOS the path to creating a climate neutral world.

    INEOS’ plants in the Port of Antwerp may be the first to set out on that journey. But they won’t be
    the last.

    “The roadmap will be rolled out and every business in INEOS will be able to look at it and see where they can implement changes to lower their carbon emissions,” said Greet Van Eetvelde, INEOS’ global head of energy and innovation policy.

    She has been working on the comprehensive roadmap with Matthias Schnellmann, Carbon Business Developer, for the past year.

    Together with INEOS’ sites in Antwerp, they have collected environmental data to set a baseline for a clear and robust plan to reduce emissions.

    The roadmap shows how INEOS can reduce its emissions by either switching fuels, using renewable raw materials, increasing the energy and resource efficiency of its plants, or capturing, using or storing the carbon.

    “Most of our sites are already energy efficient, so focusing on that alone will not bring us any significant gains,” said Matthias.

    “But switching fuels or using renewable raw materials will. We think it is better to reduce our emissions rather than capture and store them.”

    He said some sites produced hydrogen as a by-product which could be used by another site to reduce their carbon footprint.

    “Each site has different needs,” he said. “The solution is not going to be the same for everyone.

    But the roadmap will help them to identify areas where they can improve their processes to make a difference.”

    It is hoped the roadmap will create a climate of positive competitiveness across INEOS’ businesses and sites throughout the world.

    project-one.ineos.com/en

    6 minutes read Issue 21
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    Keeping the lights on

    On the day the World Health Organisation declared COVID-19 as a global pandemic, INEOS took decisive action. At that time, just over 4,500 people worldwide had died of this new, invisible killer and many governments were resisting national lockdowns, with some dismissing the virus as a ‘common cold’.

    But INEOS, which now operates in 29 countries including China where the virus is believed to have originated, was alarmed.

    “The fact that we are a global company was one of our strengths,” said Jeff Seed, SHE Director at INEOS. “Our Asian sites gave us a feel about what to expect and how we could potentially be impacted by the virus.”

    The message from Asia was clear: if you want to keep your plants and businesses running, protect your staff now.

    As a global producer of essential chemicals that the world would soon need more than ever, that advice was taken to the very heart of INEOS.

    “Safety has always been our top priority, and that includes operating in a way that is safe for all our operating teams,” said Jeff. “Our excellent safety performance record is based upon having clear procedures and rules.”

    A COVID contingency plan was swiftly agreed. Each business set up strict safety protocols to ensure their own employees stayed safe whilst continuing to operate the plants.

    All office-based staff – all over the world – were told to work from home.

    Businesses were told to identify critical personnel to operate and maintain the plants.

    “That was critical and we cannot thank enough those people who impressively kept our plants running safely,” said Simon Laker, the INEOS Group Operations Director.

    In addition, all non-essential work on the plants was postponed and all non-essential travel was banned.

    “If we had not acted quickly, we could have allowed the virus to enter our workplaces and made a lot of our employees sick very quickly,” said Jeff. “Not only do we want our employees to stay healthy, but this would also have taken them out of the workplace and closed the factories and businesses down.”

    Jeff was with Simon at INEOS’ Green Lake facility in America when INEOS Capital asked them to start preparing for the sites to continue working through the pandemic.

    “At the time we really did not know what the impact was going to be on our operations across the world,” he said. “But we were determined to continue to operate in a way that was safe for all of our operating teams.”

     In the event of an outbreak of COVID-19, INEOS was prepared to shut down factories.

    Weekly calls were set up between the HR Directors of each business to monitor the situation by site and country. Regular board meetings within each business were also held to ensure each business could act quickly as required.

    In the UK, INEOS’ critical workers were regularly tested.

    “That was a really powerful way to keep ahead of the virus,” said Jeff.

     INEOS’ actions meant not one of its factories had to close, except where mandated by country regulations.

    “Our strict procedures and rapid action ensured that we have kept positive cases under control and enabled our employees to stay safe whilst continuing to be able to run our operations,” said HR Director Jill Dolan.

     Staff, who displayed symptoms of COVID-19, were told not to come to work. Since testing regimes varied by country, it was not always possible for these staff to be tested.

    “That’s one of the reasons why the precise numbers of positive cases in INEOS will never be known,” said Jill. “But this approach was key to keeping any spread of the virus to a minimum.”

    INEOS also ensured that those, who needed to self-isolate due to close contact with another individual, did so to keep themselves and their families safe.

    INEOS, though, did not just manage to keep its own operations running.

    Its early action meant it was also able to step up to meet the unprecedented, global demand for chemicals desperately needed to slow the spread of COVID-19 and help treat those infected.

    Production was ramped up at many INEOS sites with INEOS-owned INOVYN’s plants across Europe running continuously to produce sodium hypochlorite (household bleach), which had been recognised by the World Health Organisation and UNICEF as the best and quickest way to kill COVID-19 on hard surfaces.

    The company also built six factories in less than 10 days each to produce hand sanitiser and supplied millions of bottles to thousands of hospitals free of charge.

    By diverting resources away from non-essential work at sites in America, mainland Europe and the UK, INEOS kept the flow of chemicals to those making vital medical materials, disinfectants and equipment.

    Countries were also rightly concerned about protecting their drinking water supplies.

    In the US, utilities companies needed INEOS’ acrylamide and polyacrylamide to purify America’s water and UK water companies relied on INEOS to provides the chlorine necessary to keep 98% of Britain’s water safe to drink.

    “We acted sooner than many other big businesses because there was a public safety issue as well as a business interruption issue,” said Jeff.

    INEOS, though, knows the pandemic is far from over despite hopes that a vaccine will be ready soon.

    “We may not be out of the woods but the fact that we have managed to navigate it so far, keeping our employees safe and our plants running, is testament to the hard work and commitment of all of our employees,” said Tom Crotty, INEOS’ Communications Director.

    8 minutes read Issue 21
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    Shaping the future

    Composites are shaping the world like never before. For unlike metal, they cannot only be moulded into almost any shape, but are tougher and lighter than steel, fire resistant and don’t rust.

    “In the past the deterioration of mild steel has led, in extreme cases, to catastrophic structure failure,” said Lynn Calder, CEO of INEOS Composites.

    The world witnessed that on August 14, 2018, when a 200-metre stretch of the Morandi Bridge in Genoa collapsed, killing 43 people.

    Experts say the bridge’s steel cables were encased in concrete which meant corrosion could not be seen.

    The steel tower, which also collapsed, was also encased in concrete.

    When steel rusts, it expands and can crack concrete.

    Composites work differently – and, as such, have found their way into cars, trucks, boats, homes, infrastructure, chemical plants and the sea where they can withstand the harshest of conditions.

    INEOS’ composites resins are also resistant to attack from chemicals.

    As such they have been used, instead of traditional materials, at many of INEOS’ manufacturing plants, including INEOS Pigments’ business in Ashtabula in Ohio.

    “Steel reinforcement in concrete bridges is also now being replaced with composite rebar,” said Lynn.

    Composites are also good for the environment.

    INEOS Composites’ resins have proved a key component in shaping the future for wind turbines because they are lighter than steel.

    In 2019 the world’s longest-ever wind turbine blade was built in Cherbourg, France.

    At 107-metres, it was longer than a football pitch.

    “These blades simply couldn’t be built to today’s extreme size, and generate the huge amounts of power they do, without the strength to weight ratio of composite materials,” said Lynn.

    INEOS, though, is also proud of the fact that it has helped to create a viable market for recycled plastics.

    In every 220kg drum of its PET family of composite resins are the remnants of about 1,800 recycled PET plastic bottles.

    “By using recycled PET as a raw material to make composites, we lock in the carbon,” said Lynn.

    In doing so, INEOS is also showing the world it is serious about its promise to use 325,000 tonnes of recycled polymer in its own products by 2025.

    INEOS Enterprises agreed to acquire Ashland’s entire Composites business, along with its European BDO business, in 2018 for $1 billion.

    The Composites business alone has 15 manufacturing sites in Europe, North and South America, Asia and the Middle East and employs 1,000 people.

    Ashley Reed, CEO of INEOS Enterprises, said composite resins had been the materials of choice for the world’s boat builders for 30 years and with good reason due to their incredible qualities.

    “We believe composite resins have great potential growth under INEOS ownership,” he said at the time.

    After the deal was completed in 2019, INEOS Composites became a business in its own right.

    Looking to the future, composite materials are well placed to overcome the challenges faced by the construction industry, which wants to use more environmentally-sound products.

    Andrew Miller, head of INEOS Composites Europe, said they was a growing interest in the market towards bio and recycled PET-based resins.

    “Fibre-reinforced plastic composites are easy to install and maintain, have a long life, and can be recycled so it’s easy to see why they will become far more competitive than conventional materials such as steel and concrete,” he said.


    INEOS Composites

    Global leader in unsaturated polyester resins, vinyl ester resins and gelcoats

    • Corrosion Resistance
    • Fire Retardance
    • Ultraviolet Resistance
    • Water and Chemical Resistance
    • High Mechanical Properties
    • Thermal and Electrical Insulation
    • Impact and Scratch Resistance
    • High Strength-to-Weight Ratios

    www.ineoscomposites.com

    6 minutes read Issue 21
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    Dispensing with tradition

    INEOS has once again dispensed with traditional thinking. It has turned the humble hand sanitiser dispenser into a stylish gadget that will look good in the smartest of shops, offices, schools, restaurants and homes.

    “This is the first time a lot of people will have really thought about having a dispenser in the home,” said Oli Hayward-Young, whose job is to manage the project. “But if it is going in someone’s home, it needs to look good. It needs to fit with the décor.”

    Oli said many traditional dispensers tended to be ‘ugly, white plastic boxes’.

    “They leave a negative feeling the minute you walk into a room,” he said. “This is a new concept for dispensers.”

    He added: “There will be many businesses, which want to protect their staff and customers without compromising the look and feel of a building. Ours has been designed to be aesthetically pleasing.”

    Not only that but it has also been designed by the same, world-class team who created The Grenadier, INEOS’ new
    4 x 4, which is due to go on sale next year.

    The man, who helped to bring The Grenadier to life on paper, is Toby Ecuyer, a trained architect and one of Britain’s best super yacht designers.

    He has helped to design two types of dispenser – one for businesses and a smaller one for the home.

    The professional unit, which can be customised by a company, comes in three styles – for the table, freestanding or wall mounted.

    The smaller one, which is available in red, cream, silver or black, is designed to sit on a kitchen worktop or table, or be mounted on a wall by the front door.

    Swiss engineering firm Gritec will initially manufacture 20,000 dispensers at their site in Grüsch.

    Both went on sale via INEOS Hygienics’ website just before Christmas, along with the easy-to-fit refill cartridges.

    “We got immediate interest from the public,” said Oli.

    For Oli, who joined INEOS’ new global healthcare business earlier this year, it’s an exciting time.

    “INEOS has always been in the background making products that underpin society,” he said. “But now it is doing something in the foreground to get the world back on its feet.”

    On Friday October 23 at 8.45pm UK time, INEOS made history – by running its first-ever TV advertising campaign to showcase its hospital-grade hand sanitisers.

    The advert made its debut during Coronation Street, a long-running and popular British soap.

    George Ratcliffe, Chief Operating Officer of INEOS Hygienics, described it as an important milestone in the young company’s life.

    “Our products were used by hospitals at the height of the pandemic and our elite sports teams are now using them,” he said. “This was our chance to show the public that, despite being a new entrant into the market, we are a trusted alternative.”

    The adverts appeared to have worked.“Our weekly sales increased by over 40% after they were shown,” said George.

    INEOS founded the global healthcare business INEOS Hygienics in July, but Oli said building the dispenser arm of the business, and getting the product to market so quickly, had been an amazing team effort.

    “We have been able to call on the project management, commercial and engineering expertise across the company and people have risen to the challenge in very tough times,” he said.

    The business, he said, had been built the long-term and a new era where the importance of hand sanitiser has never been more critical.

    “Although we have seen an increase in the use of sanitisers in 2020, we believe there will be a lasting impact,” he said. “People’s attitudes have changed. Everyone now knows why it is so important to keep their hands clean to stop getting ill.”

    www.ineoshygienics.com


    Tottenham teams up with INEOS

    Tottenham Hotspur Football Club has teamed up with INEOS Hygienics to keep its players, staff and fans safe.

    The Premier League football club ordered hundreds of INEOS’ new touchless hand sanitiser dispensers just days after the Hygienics business launched the range to help maintain high levels of hygiene at the ground.

    “It’s been fantastic to see the dispensers rolling off the production line,” said George Ratcliffe, COO of INEOS Hygienics.

     

    7 minutes read Issue 21
  • PP.jpg

    Perfect partners

    INEOS has partnered with yet another company that will help it to reduce plastic waste – and give a more environmentally-conscious public more of what it wants. Working together, INEOS Olefins & Polymers and Saica Natur have managed to create high performance flexible packaging, made from more than 60% of recycled low-density polyethylene and linear low-density polyethylene.

    Rob Ingram, CEO INEOS O&P North Europe, said to do it, significant technical barriers had been overcome on both sides.

    “Saica are experts in recycling postconsumer plastic film,” he said. “And we have the polymer science expertise to improve the quality, specification, and performance of the finished product.”

    The new packaging grade polymers, which can be used to make flexible pouches for detergent among other things, has now been added to INEOS’ new range of plastics, which was hailed as ground-breaking when it was launched in October 2019.

    “We don’t like to make a big fuss until we know we have something to show,” David Kirkwood, Polymer Business Manager, told INCH at the time.

    The Recycl-IN range was launched with high density polyethylene and polypropylene grades containing up to 50% of recycled waste plastic.

    The range has now expanded to include low density polyethylene and linear low density, and now contains up to 60% of recycled waste plastic.

    The development and expansion of the Recycl-IN range is important step in increasing resource efficiency and helps to show consumers that plastics are a valuable resource that should be brought back to life, not just used once and thrown away.

    “Using waste plastics as a raw material for our products helps to reduce the use of new gas and oil resources,” said Rob.

    INEOS O&P’s decision to form a partnership with Saica, a leading Spanish waste management company, means that it will now have a reliable supply of recycled product, which can be combined with high performance polymers produced at INEOS’ own sites to make polymer grades that can make flexible packaging that is as good as the original.

    “This is an example of commitment towards achieving a long-term sustainable growth,” said Victor Sanz, General of Saica Natur.

    “It shows we are moving towards a circular economy model through the use of resources in a more sustainable and efficient way.”

     In 2019 – to help launch this new range of hybrid plastics – INEOS signed long-term agreements with a number of recycling companies including Viridor, the UK’s largest plastics recycling and reprocessing plant.

    The new facility in Avonmouth, near Bristol, will be powered by Viridor’s £252m energy recovery plant which puts non-recyclable waste to work to produce electricity and heat.

    “Partnerships, such as the one with INEOS, are crucial to the transition to the circular economy, where every product is comprised of a majority of recycled plastics,” said Keith Trower, managing director of Viridor Resource Management.

    In 2019 the company’s recycling index, which tracks public attitudes to recycling, found that nine in 10 of those polled believe existing plastic should be used again.

    “The message from the public could not be clearer when it comes to recycling and putting recycled content back into the economy,” said Viridor managing director Phil Piddington. “Where others see waste, we see resource.”


    • INEOS Olefins & Polymers have partnered with leading waste management company Saica Natur in a supply agreement for recycled LDPE and LLDPE. The long-term agreement will help INEOS to serve the growing demand for increased levels of recycled product in sustainable, virgin quality flexible packaging.
    • The partnership can create high performance flexible packaging, made from more than 60% recycled plastic
    • Saica Natur are a leading Spanish waste management company and are experts in recycling post-consumer plastic film
    • This recycled material will be added to the RECYCL-IN range and can be used to make flexible pouches for detergent, personal care products among other things

    7 minutes read Issue 21
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    INEOS keeps its focus

    NO ONE could have predicted that a virus would paralyse the world. But overnight, the world changed as countries went into lockdown to stop the spread of COVID-19. What didn’t change – and hasn’t changed – is INEOS’ focus.

    Where it could, it helped in the fight against COVID-19. By building plants in days to manufacture millions of bottles of hand sanitiser for thousands of hospitals which were in short supply. By setting up an INEOS Community Fund to seek out and support hundreds of smaller organisations, which were struggling to help those hardest hit by the global pandemic. Both those efforts are rightly highlighted in this edition of INCH. But INEOS has also been focused on its vital role in helping to tackle climate change. That hasn’t gone away. If anything, the world got a glimpse of what life could be like with reduced emissions of carbon dioxide.

    In this edition, Chris Stark, CEO of The Committee on Climate Change, said he hopes governments across the world will wake up to the very real benefits of hydrogen – a gas that INEOS has been championing and using across its INOVYN businesses for years. The pandemic also highlighted the need to be self-sufficient. During the height of the crisis, there was a critical shortage of hand sanitiser in Europe with the UK, France and Germany all struggling to get hold of supplies from China and Turkey. INEOS, which manufactures the two active ingredients for hand sanitiser, responded by launching a new business – INEOS Hygienics – to sell its hospital-grade products to the public for the first time.

    The INEOS sports teams have also been back in action thanks to those products. Mercedes-AMG F1 started the season as they mean to go on – out in front. But they also found time to help INEOS launch its new business at Silverstone, home of The British Grand Prix. INEOS TEAM UK trained safely through the summer – and are now on their way to New Zealand.

    INEOS’ football teams are also getting back down to business, OGC Nice looking good on and off the pitch after signing Belstaff as their official apparel partnership. And TEAM INEOS became The INEOS Grenadiers as they helped to raise awareness of INEOS’ new, uncompromising 4 x 4 at The Tour de France. The news always comes thick and fast. And this year has been no exception.

    As we look back on 2020 so far, it has been quite a journey. A bit bumpy in places. But the road ahead looks full of opportunities, such as the acquisition of BP’s petrochemicals business. And anyone who knows INEOS, knows that those opportunities will not be missed.

    Mercedes AMG Formula 1 from pole position, launched INEOS Hygienics through The British Grand Prix at Silverstone this summer.

    2 minutes read Issue 20
  • Master3.jpg

    Grenadier – A Star Is Born

    After months and months of speculation, the covers have finally come off The Grenadier, INEOS’ rough, tough 4 x 4. It’s a huge milestone for the team at INEOS Automotive who have been itching to show it off to the world.

    “Most manufacturers would hold back, but we are a new business, building a new brand, and we want to take people with us on this exciting journey,” said CEO Dirk Heilmann.

    He said it also meant the team could now openly test it without the need for camouflage wrapping, foam blocks or fake panels. Over the next 12 months prototypes will rack up more than one million miles (1.8 million km) as its durability and capability is tested in all conditions.

    “We have a challenging programme ahead,” said Dirk. “But showing the design now allows us to focus on this critical next phase. Since day one, our philosophy has been function over form, every time.”

    The Grenadier is due to go on sale late next year and expectations are high. “Our customers will be living and working in their vehicles so they know what they want from them,” said Dirk.

    Design

    The Grenadier has been designed rather than styled. It combines practicality and purpose with unmistakeable character. From the no nonsense boxy body and exposed hinges to the iconic circular lights. ‘We’re considered every square millimetre,’ says Toby Ecuyer, head of design.

    Rear Doors

    The Grenadier’s rear doors are a 70/30 split of the back of the vehicle and open independently. That means you can quickly load and unload smaller tools, while also being able to open both doors for maximum access. A rear-mounted spare wheel maximises ground clearance.

    Wheels

    The Grenadier’s wheels are as close to the corner of the vehicle as possible, with very little overhang at the front and rear. That means you get the approach and departure angles needed for off-road performance.

    Discover more: www.ineosgrenadier.com

    Master4.jpg

    It was an opportunity to raise the bar that INEOS founder Sir Jim Ratcliffe simply couldn't resist. Why shouldn't INEOS build a spiritual successor to one of the most iconic 4 x 4s on the planet? What was stopping it? As he and his colleagues walked out of that London pub, they had a dream.

    A dream that has now become a reality.

    They serve one of Yorkshire’s finest beers at The Grenadier, a small pub in the heart of London. It’s a convenient place just around the corner from INEOS’ headquarters for Jim Ratcliffe to pop in for a pint and a chat with a few colleagues. Over a glass of Timothy Taylor’s, they lamented the demise of Land Rover’s iconic Defender. That single comment ended in the group walking out with a £600 million plan to build its spiritual successor. And what better name to choose for it, than where the idea was born . . .

    The Grenadier? So that’s what they have called it.

    Toby Whitehead, who has been landlord of The Grenadier for 10 years, is incredibly proud of the pub’s role in inspiring INEOS’ rugged, stripped-back 4 x 4. “It’s already a world-famous pub because of its history,” he said. “But we feel very proud of the part we have played in this story.”

    The Grenadier, though, was originally known as The Guardsman when the pub opened in 1818. It later changed its name as a mark of respect to a Grenadier soldier who was murdered for cheating at cards.

    On the ceiling are £5 notes, pinned there by visitors in an attempt to pay off the soldier’s debt. Among them is a note from Jim who had drawn two Land Rover Defenders on it.

    Over the years scores of famous faces, including the late Hollywood star Burt Reynolds, singer Miley Cyrus and actor Will Ferrell have passed through the doors of the pub. “Jim’s in good company,” said Toby. That, though, was almost three years ago.

    In July, The Grenadier – the 4 x 4 they had talked of building that day – was finally unveiled. Jim had always had a very clear vision of what he hoped it would look, and feel, like.

    Tom Crotty, INEOS’ Communications Director, remembers that first phone call when told of the plan.“I was surprised,” he said. “I knew Jim liked new things. But this was totally different. But then, given Jim’s love of the Defender and his commitment to manufacturing, it wasn’t actually that surprising.”

    Initially eyebrows were raised at INEOS’ decision, with no experience, to build a car from scratch. “I am convinced people expected us to fail because it would have been a challenge for the car industry to launch a new car,” said Tom. “But for the chemical industry to attempt it? That was seen as crazy.”

    Undeterred, Tom and his team invited people regarded as the world’s best car designers to a ‘beauty pageant’. The best were selected to present their findings to Jim.

    These were experts with a clear vision of the direction of travel for the car industry. The ones who knew what the public would want. “That meeting didn’t go well,” said Tom. But that meeting showed any doubters that INEOS was serious about this. It had to be exactly right. And what Jim had been shown, certainly was not what he was looking to create.

    “We were coming at this from scratch so we were not bound by the traditional thinking of the car industry,” said Tom. “We weren’t interested in sat nav, autonomous driving and cruise control.”

    Instead Jim turned to a trained ship’s architect who had never designed a car. Toby Ecuyer was creative director of British design studio RWD and had designed Jim’s yachts, Hampshire II and Sherpa.

    He liked to design using paper and pencil, and a rubber, not a computer. He was also a big fan of the Land Rover Defender and, as such, understood its unique appeal.

    “I love the fact that The Defender was classless,” he said. “I really like people like that. People who are comfortable having tea with the Queen one minute, then rolling their sleeves up the next to mend a fence. To me a Land Rover Defender was all of those things.”

    Designing The Grenadier was engineering-led. Its performance mattered more than anything. “Certain aspects we could get very creative with and worked very closely with Jim and Sebastian in Germany,” said Toby. “We would suggest, interpret and develop ideas.

    “I have no idea exactly how many designs we have done. Every aspect of the vehicle was thoroughly designed so we produced thousands of drawings.”

    Tom believes The Grenadier will succeed because of the passion, dedication, determination and meticulous attention to detail shown by all those working on the project.

    Toby feels that too. “I’m very proud to have played my part in this,” he said. “But it was a Herculean effort by dozens and dozens of very talented people to bring this life.”

    Projekt Grenadier – as it was known – was spearheaded by Dirk Heilmann, a former head of Engineering and Technology at INEOS O&P.

    He too had no experience of the car industry but crucially understood INEOS’ mindset and the fact that INEOS is not a typical blue chip company.

    As CEO of INEOS Automotive, though, he needed someone with commercial clout. That someone was Mark Tennant who had the commercial know-how and industry experience.

    “We knew straightaway that he was the right person,” said Tom.

    Over the past three years, they have led and motivated an international team of specialists with a shared vision of designing and building an uncompromising 4 x 4 that is capable of mastering roads, crossing rivers and climbing mountains.

    About 60 companies are involved. All of them are top notch.

    Austrian engineering firm Magna Steyr has over a century of experience developing some of the world’s toughest off-road vehicles. Its engineers have designed and built The Grenadier’s suspension set-up that will meet the needs of people who use their 4 x 4s for work every day.

    “We fatigue tested for hundreds of hours on the test rig which simulates 300,000 km off road use,” said Matthias Maier, development engineer.

    The Grenadier’s suspension set-up is completely free of electric components so it is robust and easy to maintain. To perfect it, the team dissected the world’s most renowned off-roaders, benchmarked them and then combined the very best engineering ingredients to create something even better.

    And Carraro, with a long history in building tough 4 x 4 vehicles, has developed the front and rear axles.

    The Grenadier, which will be powered by BMW’s latest 3.0-litre petrol and diesel engines, is expected to go on sale next year.

    “We were told many times that what we were doing, could not be done,” said Dirk. “But that was a nice little incentive for me.”

    ‘It was a Herculean effort by dozens and dozens of very talented people to bring The Grenadier life’ – Toby Ecuyer, head of design

    master5.jpg

    TOBY ECUYER left school with his teachers’ poor assessment of him ringing in his ears. “I wasn’t especially good at anything at school,” he said. “They suggested the best I could hope for was a job in a factory packing shampoo.” Today, Toby is not only one of Britain’s best superyacht designers, but he is credited with creating the design on a bit of paper that inspired INEOS’ no frills’ Grenadier – despite the fact that he had never designed a car.

    Toby was brought in after INEOS founder Jim Ratcliffe rejected the motor industry’s expert view of what his new 4 x 4 should look like.

    “It was a departure from yachts but not as big a departure as it might seem,” said Toby.

    It was only after he left school and spent a year on a youth training scheme, that his aptitude for design was spotted – and he was encouraged to apply for a foundation course at South Devon College of Arts.

    There he discovered an amazing talent for design. “My lecturer pushed me to excel and was adamant that I should be an architect,” he said.

    With his lecturer’s support and a strong portfolio, Toby gained a place at The Plymouth School of Architecture, run by Professor Adrian Gale.

    “I was accepted on the course with no qualifications at all other than a cycling proficiency certificate and a Blue Peter badge,” he said.

    It was while he was in Plymouth that he learned to sail and later took up sailing professionally in the Mediterranean.

    When he returned to the UK, he got a job as a junior designer in EPR architects but missed the water.

    By chance he saw an advert in Yachting World for a designer, who needed to be able to draw, but no experience was necessary.

    “That was the start of 20 years designing boats,” he said. “I was in my element. I loved the amount of detail that was involved and the breadth of design scope. Quite often I would design the interior, exterior, the furniture, the ironmongery the tableware, the cutlery, the crew uniforms, even luggage, and board games.”

    When Jim met him, Toby had become creative director at RWD. With Jim’s help, Toby went on to design the interior of his superyacht Hampshire II and both the interior and exterior of Sherpa.

    “I prefer to draw on paper because it’s instant,” he said. “It’s a straight path from brain to page.

    “It’s really magical to be able to sit with someone and turn that picture in their mind into more than just a thought.” 

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    Farmers’ Army

    INEOS Automotive has not just been focused on building the world’s best 4 x 4. The team has also helped UK farmers to recruit a modern-day ‘land army’ to harvest millions of tonnes of fruit and veg that was in danger of rotting in the fields.

    Dirk Heilmann, Chief Executive Officer of INEOS Automotive, said UK farmers had been facing their biggest challenge since the foot and mouth disease. “They needed 80,000 people to complete their harvests,” he said.

    INEOS helped Farmers’ Weekly to establish and promote a recruitment website, allowing people to search for harvesting jobs and other roles near their own homes. Farmers could advertise jobs for free on The Farmers Army website www.thefarmersarmy.co.uk, by calling 020 8652 8638 or emailing recruitment.services@rbi.co.uk 

    The Grenadier has been designed by a internationally recognised product designer who prefers to use a pencil and paper.

    A trained architect, and former partner and Creative Director at RWD, Toby has designed, custom built and tailored super yachts for clients all over the world with fastidious attention to detail.

    8 minutes read Issue 20
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    Wind of Change

    INEOS signs deal to reduce carbon footprint by 1,150,000 tonnes of CO2 from next year

    “This agreement is an important step for INEOS in reducing emissions from energy consumption in Belgium” – John McNally, CEO of INEOS Project ONE

    INEOS has signed a deal which will reduce its carbon footprint in Belgium by more than one million tonnes of CO2. The CO2 saving will be the equivalent of taking 100,000 cars off the road each year.

    Gerd Franken Chairman of INEOS Olefins & Polymers Europe, said the 10-year deal with energy producer ENGIE was also the largest-ever purchase contract of wind energy for heavy industry in Belgium. “This is just the first of many environmental investments from our business,” he said.

    INEOS, he said, was committed to helping to shape the circular economy by using ‘green’ energy, instead of gas and oil, to make its high-value chemical products. “This agreement is a further step towards that,” he said. Renewable electricity will be supplied to INEOS from ENGIE’S Norther offshore wind farm in the North Sea from 1 January 2021 Initially it will be used by INEOS’ production sites, but will later feed into INEOS’ new cracker and world-scale PDH plant in Antwerp to produce ethylene and propylene.

    John McNally is CEO of the project, which was set up to manage that €5 billion investment. "This agreement is an important step for INEOS in reducing emissions from energy con-sumption in Belgium,” he said.

    INEOS’ new chemical complex in Antwerp will be the most energy-efficient of its kind in Europe, using the newest technologies. “Our propane dehydrogenation unit has been designed with a maximum level of electrification, which makes it possible to virtually eliminate indirect emissions by using only green electricity,” he said. “And in the coming months, we will continue to look at the options for further expanding the use of renewable energy." INEOS’ com-mitment to Antwerp has been described as the most important investment in the European chemical industry for 20 years. INEOS now hopes other European chemical companies will follow suit and replace their old, outdated technology with energy-efficient systems with low emissions.

    The Norther wind farm is located about 23km from the Belgian coast. Its 44 turbines can produce a maximum of 370 MW. Of that, INEOS has secured 84MW. ENGIE is the largest producer of green energy in Belgium. “We are proud to help INEOS meet their environmental goals, by facilitating their consumption of renewable energy in Belgium,” said CEO Philippe van Troeye.

    She added: “This contract also illustrates ENGIE’s strong ambition to increase renewables’ development in Belgium, as several PPAs have been signed with major companies during the last months.”

    In numbers

    • The Norther wind farm is located about 23km from the Belgian coast.
    • Its 44 turbines can produce a maximum of 370 MW.
    • INEOS' supply starts in January 2021.
    • The deal will reduce CO2 emissions by more than one million tonnes over 10 years which is the equivalent of 100,000 cars each year.

    2 minutes read Issue 20
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    INEOS to acquire BP businesses

    INEOS has agreed to buy more of BP’s unwanted businesses. This time, the company has gone after BP’s global aromatics and acetyls businesses which consist of 15 sites across the world and 10 leading joint ventures.

    INEOS Founder Sir Jim Ratcliffe said the $5 billion deal was a good fit with INEOS’ existing assets. The deal will reintegrate the Hull site and expand the existing INEOS footprint at Geel, Belgium. “It is a logical development of our existing petrochemicals business,” he said.

    The Geel BP site is Europe's most important producer of purified terephthalic acid. PTA, as it is known, is used to make PET soft drinking bottles, textiles, film, polyester clothing and food packaging, such as boil-in-the-bag pouches for rice. It also brings with it Infinia™ advanced recycling technology for PET.

    BP’s aromatics business is currently a global leader in purified terephthalic acid and paraxylene technology with six sites. Its acetyls business, with nine sites, produces acetic acid and derivatives for the food, pharmaceuticals, paints, adhesives and packaging industries.

    PTA-applications

    • Food and drink containers and packaging
    • Fibres for clothing and home furnishings
    • Industrial and high performance fibres
    • PET soft drinking bottles
    • Electrical insulation

    1 minute read Issue 20
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    INEOS explores all avenues to cut CO2

    CORONAVIRUS gave the environment a break. Pollution levels in many cities in lockdown fell dramatically as people and flights were grounded.

    As the world now wakes up again, many hope it will be business as usual. Others, like Chris Stark, CEO of The Committee on Climate Change, don’t.

    But he is not blind to the needs of the chemical industry and views it as part of the solution, not the problem. And that’s how INEOS sees its role too.

    INEOS is already heavily involved in scores of ambitious projects that could bring about huge benefits for the environment – without compromising the needs of society. It has started to explore whether huge volumes of carbon dioxide could be stored in depleted oil fields in the North Sea as part of a plan that would slash greenhouse gas emissions.

    It has also joined a powerful consortium to investigate plans to produce sustainable methanol, a chemical widely used as a raw material in everything from clothing to fuel. If successful, that too would cut CO2 emissions.

    And it is part of an alliance which believes hydrogen is a workable, economically-viable alternative to fossil fuels. All three projects are exciting and could pave the way for a brave, new world.

    INEOS has started to explore whether huge volumes of CO2 could be stored in depleted oil fields as part of a plan that would slash greenhouse gas emissions.

    It is currently testing whether the rock from one of its underground sandstone reservoirs in the North Sea is suitable to store carbon dioxide.

    "We know that oil has been down there, and the seal can hold it,” said Johan Byskov Svendsen, Business De-velopment Manager at INEOS Oil & Gas Denmark.

    “We also know how oil and water stream through the reservoir. That's how we also have a fair idea about how CO2 will act underground."

    The first results of INEOS Oil & Gas’ tests should be known later this year.

    Ultimately, the project – to capture and store carbon dioxide underground – could make the largest, single con-tribution to cutting Denmark’s greenhouse gas emissions.

    “No other company operating in Denmark has made it as far with a project like this as INEOS and its consortium partners,” said Johan.

    But there is still a long way to go and carbon capture and storage is still in its infancy. One of the key challenges is securing investment to perfect the technology so that it can be widely used.

    “By being innovative and joining the right partnerships, we strive to bring down the cost of storing CO2,” said Johan.

    “Storing CO2 is also a critical technology to meet the ambition for a zero emission economy in 2050. We can make a business and at the same time be an important player in the green transition.”

    Johan said governments needed to treat carbon capture and storage in a similar way to wind turbines about 40 years ago.

    “When the wind industry was in its infancy, there was a significant amount of national funding, to secure innovative solutions and commercialisation,” he said. “That’s where we are today. The CCS technologies are still immature and the investment is risky.”

    At its peak INEOS’ Siri oil platform was producing 50,000 barrels of oil every day. Now it is one of the four depleted reservoirs that INEOS says could potentially be used for storing CO2 – and, in turn, give those North Sea assets a second life.

    Once the gas has been pumped underground, it would be stored in three ways. Most would be stored as a liquid and in an easily accessible place, should there be a market need for it.

    Another part would end up mixing with the water underground, and become trapped in this watery solution.

    And the third way would involve trapping the CO2 in the minerals of the reservoir. Denmark wants to lead the world on climate change – and politicians see carbon capture and storage as one of the best ways to achieve a green economy.

    The Danish Council on Climate believes carbon capture could begin in 2025 and that storage could have a real influence in 2030.

    “That's also our target,” said Johan. “We're working from the assumption that it will be possible to store CO2 from the second half of the '20s.”

    INEOS explores whether CO2 can be stored in old oil fields

    ‘Storing CO2 is also a critical technology to meet the ambition for a zero emission economy in 2050’ – Johan Byskov Svendsen, Business Development Manager at INEOS Oil & Gas Denmark

    2 minutes read Issue 20
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    Power to Methanol Project Consortium

    UNWANTED, harmful CO2 emissions could one day become a force for good.

    Seven companies, including INOVYN, are currently investigating the possibility of mixing captured waste carbon dioxide with sustainably-generated hydrogen to produce methanol, a chemical widely used in everything from clothing to fuel.

    It’s an ambitious project and the industrial and business leaders have until next spring to prove it can be done. And done safely.

    But if successful, an industrial-scale plant, capable of producing 8,000 tonnes of sustainable methanol a year, will be built at INOVYN’s chemical manufacturing complex at Lillo.

    “It would be a first for Belgium,” said Dirk Dupon, Head of Strategy at INOVYN. “In the Port of Antwerp, no methanol is currently being produced but vast quantities are being consumed in the chemical industry in Belgium, as well as blended in the fuel pool both in Antwerp and Rotterdam.”

    Each company involved in the ‘Power to Methanol’ feasibility study will draw upon its own expertise and experience.

    INEOS-owned INOVYN understands hydrogen production and salt electrolysis and will play a vital role.

    “We will need to smoothly integrate two different operations,” said Dirk. But he is confident the project will work.

    “The pre-feasibility study convinced us this sustainability project can be successful,” he said. “Combining the ex-pertise from the different consortium partners has further increased the likelihood of success. The consortium ap-proach reduces the risk of doing such a project on our own.”

    Methanol is currently produced using fossil-based raw materials and, in the process, gives off CO2.

    If the new process works well, each tonne of methanol produced would reduce CO2 emissions by at least one tonne, per tonne of methanol.

    Initially the methanol will be used by fuel and chemical companies in The Port of Antwerp, which handles about 235 million tonnes of international maritime freight every year.

    But future development could see it being used as a sustainable fuel to power marine vessels, such as tug boats, and road transport.

    “It’s an excellent fit with our sustainability strategy,” said Dirk. “We are always looking at pursuing options for alternative energy and the sustainable, lower carbon production of chemicals.”

    Others involved in this complex and challenging project include ENGIE,  Oiltanking, Port of Antwerp, Indaver  and PMV.

    ENGIE understands the electricity market, Oiltanking can offer advice on the logistical aspects of methanol pro-duction and storage, and Indaver will advise on the collection of CO2.

    “From our BIOVYN™ launch last year October, we know that there is a growing market for carbon neutral chemicals,” said Dirk.

    BIOVYN™ is the latest generation of PVC and is made using a renewable biomass rather than purely gas and oil.

    Flemish Minister Philippe Muyters said innovation was always the answer to challenges large and small. “We won't solve the climate problem by taxing entrepreneurs into the  ground,” he said.

    “This innovative project shows once again that our companies are very much part of the solution, especially when they come together and collaborate.”

    Powerful consortium investigates plan to produce sustainable methanol and cut CO2

    ‘It would be a first for Belgium’ – Dirk Dupon, Head of Strategy at INOVYN.

    2 minutes read Issue 20
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    Hydrogen Economy

    ‘Hydrogen is the Heineken of fuels because of all the parts it reaches. We can use it to heat homes and power transport and industry’ – Chris Stark, CEO of The Committee on Climate Change

    THIRTY-SIX people perished when the hydrogen-powered airship, The Hindenburg, burst into flames on May 6, 1937. But the loss of Germany’s 804ft-long luxury airship, which had revolutionised trans-Atlantic travel, did not just kill 13 passengers and 22 crew members that fateful evening. It also brought an end to the airship era and destroyed hydrogen’s reputation as a safe source of energy.

    “There’s no doubt that hydrogen has got a PR problem because many still remember what happened to The Hindenburg,” said Chris Stark, CEO of The Committee on Climate Change.

    “It’s got a bad safety record but it’s undeserved.” Hydrogen Europe is the European Hydrogen and Fuel Cell Association.

    It says, in many cases, hydrogen is safer than the fuel we currently use to power our cars.

    “Hydrogen is highly flammable but when hydrogen, as the lightest element in the world, leaks, it ascends rapidly into the atmosphere so it has less time to burn,” a spokesman said. “But carbon-based fuels tend to spread as liquids.” The association says hydrogen was wrongly blamed for The Hindenburg disaster.

    “What happened was that an electrical discharge from the clouds, while docking during an electrical storm, ignited the skin of the airship,” the spokesman said.

    “The hydrogen burned quickly and safely, above the occupants. It was the diesel fuel that burned for up to 10 hours after the airship caught fire.”

    Chris believes it’s now time for governments – whose countries are all waking up after months of lockdown – to give hydrogen a chance and build a hydrogen-powered, low carbon economy.

    “This cannot just be about restarting the economy,” he said. “This is an opportunity to reset it.”

    In 2015 challenging climate change goals were agreed in Paris by 184 countries.“If we go back to growth based on using cheap fossil fuels, we will not meet those targets set by Paris,” he said. “And we will lock in a set of lifestyle choices that will ultimately be bad for the economy and bad for the environment.”

    Chris is not blind, though, to the needs of the chemical industry and views it as part of the solution, not the problem.

    “We will need fossil fuels in the future,” he said. “They will be part of the mix. But hydrogen is the missing part of the equation.”

    In 2050, the committee wants a third of Britain’s energy to be provided by hydrogen – the equivalent to the amount of energy generated by electricity today.

    “Hydrogen is the Heineken of fuels because of all the parts it reaches,” said Chris.

    “We can use it to heat homes and power transport and industry.”

    What’s really refreshing is that the committee understands how INEOS can help to create an economy run on hydrogen.

    “INEOS will be with us on this journey,” he said. “It just needs to make sure it explains its role in the climate change debate so the public understands too.”

    INEOS-owned INOVYN produces thousands of tonnes of hydrogen a year as a co-product, and INEOS sites in the UK, Germany and Belgium are all involved in hydrogen projects.

    The company is also a member of the North West Hydrogen Alliance, which believes hydrogen is a workable, economically-viable alternative to fossil fuels.

    INEOS is keen to invest in the infrastructure so hydrogen can be captured and stored but it needs to know there is a market for it.

    The committee, which advises the government on what it needs to do to achieve its climate change goals, said government investment in companies like INEOS and the public’s buy-in were vital.

    “In the UK we already have the building blocks to do this,” he said. “But everyone will have a part to play in this. We need government to lead the way.”

    Ironically COVID-19 may have given hydrogen – which produces zero emissions when used as a fuel in cars - a brighter future.

    Nationwide lockdowns to stop the spread of COVID-19 have drastically reduced air pollution in many cities across the world.

    Without cars on the streets, the smog has given way to clean air.

    “We really are on the cusp of something really important and some interesting transport choices,” he said.

    With social distancing, more and more people are being told to avoid public transport.

    “If we go back to cars we are going to have very congested roads,” said Chris. “But if we start cycling and walking more and working remotely, we could make an enormous difference.”

    What hydrogen lacks, he says, is a champion. “Unfortunately, we haven’t got a charismatic promoter of hydrogen,” he said.

    Chris suspects most cars in the future will be electric, rather than driven by hydrogen, but he believes the opportunities for HGVs and buses and planes are enormous.

    “Hydrogen looks increasingly like the best answer for HGVs,” he said.

    Next year the UK will host the UN climate change conference and will be president of the G7 summit.

    “We will need global co-operation and it will be interesting, post COVID-19, to see what happens then,” he said. “But I think the collective penny has dropped. Hydrogen is the most abundant element in the universe and we cannot achieve net zero emissions without it.”

    2 minutes read Issue 20
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    The Hydrogen Olympics

    Japan had hoped to showcase the power of hydrogen at Tokyo Olympics

    JAPAN had intended to showcase hydrogen at this year’s Tokyo Olympics. Organisers had planned to use it to power 100 fuel cell buses to shuttle athletes and visitors to venues around the city. Up to 500 of hydrogen-fuelled cars had been due to ferry around staff and VIPs and the thousands of athletes from around the world would have been living in a village, partly powered by hydrogen.

    “With all the world watching the Games, Japan knew that this would have been a great opportunity to focus attention on hydrogen as a viable source of clean fuel,” said Paul Humanic, a process manager at US-based energy company Nexceris.

    Japan had also planned to use hydrogen to light the torch and the cauldron for the first time in Olympic history.

    The Games may have been postponed this year due to the global pandemic but Japan is hoping it will have the chance to stage the most environmentally-friendly Games in history in 2021. “Japan wants hydrogen to be the legacy of its Olympics,” said Paul.

    Hydrogen has been used, for over 40 years, in vast quantities by industry in many parts of the world, and as a fuel for space exploration. Both have developed the infrastructure to produce, store and transport it safely.

    It’s the wider general public that needs to be convinced of its benefits. “Many countries are now funding research into hydrogen generation through electrolysis so that hydrogen can be generated on site where it is needed, and can supplement the grid during peak times,” said Paul.

    But over the past decade, Japan – through necessity – has become one of the champions of hydrogen and fuel-cell technology.

    After the 2011 Fukushima nuclear plant disaster, Japan shut down many of its nuclear power stations and switched to fossil fuels imported from abroad.

    With little energy security and independence, it is little wonder that it is investing so heavily in creating a hydro-gen-powered economy.

    “Even if next year’s Games are cancelled, Japan will most certainly continue down this road,” said Paul. “It may be many years into the future before hydrogen is a viable energy alternative on a country-wide scale but Japan will continue working to commercialise hydrogen technologies and phase out fossil fuel and nuclear technologies.”

    Japanese car manufacturer Toyota, and a key sponsor of the Tokyo Olympics, believes that hydrogen represents the future of motoring.

    Its car, Mirai, is the world’s first, mass-produced hydrogen fuel cell vehicle. The hydrogen is stored in carbon fibre fuel tanks.

    Oxygen from the outside enters through the Mirai’s front air vent. The hydrogen and the air travel separately to the fuel stack where electricity is generated through a chemical reaction. Best of all, the only emission is water.

    For now, though, Japan waits for news of whether it can host next year’s Olympics and show off what hydrogen can not only do for the economy, but also the huge difference it can make to the environment.

    “We see these Games as a once-in-a-lifetime opportunity to showcase on an unprecedented scale what the transition to a sustainable society can look like,” said Mori Yoshiro, President of Tokyo 2020. 

    “With all the world watching the Games, Japan knew that this would have been a great opportunity to focus attention on hydrogen as a viable source of clean fuel,” – Paul Humanic, Process Manager at Nexceris Mirai

    Japanese car manufacturer Toyota has built the world’s first, mass-produced hydrogen fuel cell vehicle.

    2 minutes read Issue 20
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    F1 IS SAFELY BACK ON TRACK

    Formula One is back in the driving seat. And the best F1 team in the world, Mercedes-AMG Petronas, have started as they mean to go on – out in front.

    Valtteri Bottas won the opening race at The Austrian Grand Prix, teammate Lewis Hamilton, who narrowly missed out on a place on the podium in the first race, won the second – and they showed no holding back in the following races.

    The two drivers are racing in cars with a new colour scheme throughout this delayed 2020 F1 season to show their support against racism all forms of discrimination. They are also wearing black.

    “We’ve always been clear that racism and any form of discrimination have no place in our team and in our society,” said a team spokesman.

    At The British Grand Prix at Silverstone, a new name was added to their F1 cars – INEOS Hygienics.

    The launch of the new business was announced at the event by INEOS, which is the team’s Principal Partner.

    The Hygienics business was created during the COVID-19 pandemic to supply thousands of hospitals with des-perately-needed hand sanitiser.

    Since then it has grown and is now supporting all INEOS’ elite sports teams – in motor racing, cycling, sailing and football.

    “It is fantastic that we’re back racing and it’s only possible due to the stringent protocol measures that are in place across sport, including team members prioritising hygiene,” said Toto Wolff, Team Principal of Mercedes F1

    “The INEOS Hygienics range of hospital grade sanitisers is helping to protect the team, and has given us the confidence to get the job done at the factory and on the track.”

    Other elite performance sports teams using INEOS Hygienics products include Sir Ben Ainslie’s America’s Cup team, OGC Nice, and Sir Dave Brailsford’s newly-renamed Tour de France team, the INEOS Grenadiers.

    “Hygiene is a top priority because it ensures we lose no training time or competition due to sickness,” said Sir Dave.

    “It is fantastic that we’re back racing and it’s only possible due to the stringent protocol measures that are in place across sport, including team members prioritising hygiene,” – Toto Wolff, Team Principal of Mercedes-AMG Petronas F1 Team

    2 minutes read Issue 20
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    Track And Race

    INEOS TEAM UK, Britain’s challenger for sailing’s coveted America’s Cup, is now in New Zealand after one of the best summers of sailing ever as a team in the UK. The team have now finished sailing in the UK. The first AC75, Britannia I, is on her way on a ship, and Britannia II has now been flown to Auckland on an Antonov cargo plane.

    The COVID pandemic has thrown a number of challenges the team’s way over the past six months. “It forced the team to slow down and think about its priorities,” said skipper Sir Ben Ainslie. “In particular how to make the most of the time we had before the 36th America’s Cup.” From May through to August, however, the team had a brilliant sailing period.

    “Getting out on the water regularly has been so valuable because the learning curve on these brand new AC75 boats is so steep that every time they sail, we learnt a huge amount,” said Ben. To achieve as many sailing hours as possible meant keeping the team fit and healthy. Britannia had to be modified so that the team could train safely while complying with the rules around social distancing to avoid the transmission of COVID-19.

    An electric grinder did the work of two men so that the team could cut down on the numbers on board. But that wasn’t all. The team – on and off shore – wore Henri-Lloyd face masks, used INEOS hand sanitisers, and were fitted with devices that monitored where they were at all times.

    “We could monitor our personnel, look at our practices and make changes to ensure everyone was as safe as possible,” said Ben. The Safeguard devices, developed by Mafic, are part of INEOS TEAM UK’S new ZERO COVID Days strategy which focuses on hygiene at home and at work. “Mafic adapted their technology and devices to our working environment within a matter of weeks,” said Ben.

    The devices were worn on the team’s arms, inside their pockets or hard hats. “From the movement of someone’s head we can understand what that person is doing, whether it is welding, grinding, or operating machinery, and we can know their exact location,” said CEO Will Woodhead. “That gave us a second-by-second position, which we could then use to map any social distancing breaches.” Those breaches can then be reviewed and assessed to understand where improvements can be made.

    Mafic was founded with the mission of making workplaces safer. “I’d seen accidents happen too many times,” said Will. Ben described the devices as a game changer for the team. “It has been a difficult time but very productive time for the team,” he said. The team has worked well on the water and on the drawing board.

    INEOS TEAM UK and team software design partner Coderus have also developed new software that can take a design, add it to a model of the whole boat and then test it to see whether design change will make the boat faster or not. If it’s faster, Chimera can then prepare the model for a full simulation run across many different boat designs Chief designer Nick Holroyd said ideas could be tested quickly and accurately – and encouraged rather than limited innovation. “The America’s Cup has always been a design and technology contest as much as a sailboat race,” he said. “So this is even more important, given the rules have banned testing in wind tunnels and towing tanks.”

    Teams have also been banned from sailing more than one boat at a time. “In doing so they have banned all the normal ‘real’, as opposed to virtual, methods of development,” said Nick. “The previous gold standard of development, two-boat testing, is no longer possible.” But Coderus CEO Mark Thomas was not fazed. “The system improves efficiencies and capabilities and allows the team to be able to push the boundaries even more,” he said. The team will be on the water in Auckland in their new AC75, Britannia II, in October.

    “That will give us a two-month period of productive sailing before we head into the Christmas regatta, which will be the first time all these teams have lined up together,” said Ben. “It will be a fascinating period. Given this is such a new class of boat, there may well be some big differences between the teams.” INEOS TEAM UK cannot wait to set sail in the Waitemata Harbour. Beautiful as New Zealand is, they know that they are there for only one reason – to win the America’s Cup for Britain.

    Discover more: INEOSTEAMUK.COM

    3 minutes read Issue 20
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    High Fliers

     

    BRITANNIA II has been built to fly. But on September 28, 2020, it wasn’t the might of skipper Sir Ben Ainslie’s men lifting the 75ft race boat out of the water during a training run for next year’s America’s Cup challenge.

    This time, it was the job of a 33-year-old Ukrainian cargo plane to fly the team’s second race boat, RB2, to the starting line in New Zealand.

    “This was a real milestone moment for us,” said Grant Simmer, CEO of INEOS TEAM UK. “We are on the home stretch now.”

    Britannia II had been helped on to the Antonov cargo plane for the start of its four-day, 12,200-mile journey to New Zealand by The Grenadier, INEOS’ purpose-built 4 x 4.

    Grant was full of praise for project director Dave Endean and his team for building the boat and safely transporting it from the team’s UK HQ in Portsmouth via truck to on to New Zea-land via plane – and all on schedule.

    “It’s been an incredible effort from the entire team,” said Grant. “We are all very proud to have been able to get this boat built on time while navigating our way through COVID restrictions.”

    The 24-hour flight from Stansted Airport in the UK had included two stopovers in Dubai and Indonesia.

    After the boat landed at Auckland Airport on October 1, the team’s second race boat was taken by road to their newly-constructed base on Wynyard Point to be finished and commissioned.

    “RB2 is a huge development on our first boat,” said Grant.

    Dave said it had been a huge operation. “The logistics of moving an entire America’s Cup team, including two AC75 boats, to New Zealand are not insignificant and it has taken a lot of time and hard work to make it hap-pen,” he said.

    The fruits of their labours will hopefully be borne next year when Britannia II takes to the water to win The America’s Cup.

    As far INEOS TEAM UK is concerned, there is no second.

    The Grenadier helps Britannia II aboard the 33-year-old Ukrainian cargo plane for the start of the boat’s 12,200-mile journey to New Zealand

    “It’s been an incredible effort from the entire team. We are all very proud to have been able to get this boat built on time while navigating our way through COVID restrictions.” – Grant Simmer, CEO of INEOS Team UK

    2 minutes read Issue 20
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    The Grass Professor.

    INEOS Football invests in three new pitches to help OGC Nice raise its game in training

    ONE of the oldest football clubs in French history has rebuilt its three pitches from scratch with the help of a British groundsman known as The Grass Professor.

    Scott Brooks, who has worked at the national centre of the English Football Association, arrived at OGC Nice in January with high expectations for himself and also the club, which finished fifth in Ligue 1 last season.

    “The grass was not very healthy at all,” he said. “And two of the three pitches couldn’t meet the performance level that I felt was required for a professional athlete.”

    By performance level, Scott means a pitch that allows players to train and play without getting injured.

    “A poor pitch is probably more than half of the reason why a player would get injured,” he said. “And the injury rates here were very high.”

    Today all three pitches have been replaced with surfaces that allow the club’s talented players to train harder, for longer.

    “We should now start seeing fewer injuries and fitter, healthier players,” he said. “Players need to come off the pitch tired after giving it everything, but without any pain.”

    In doing so, OGC, which was founded in 1904, has also become the first French club to use a hybrid pitch - part synthetic, part real grass.

    The grass is built on a layer of gravel and two layers of sand, each one levelled with a laser.

    The top level of fine sand is mixed with an organic product that is derived from animal dung to provide the grass with the nutrients it needs to grow.

    It is also the first French club to adopt a new, more efficient watering system, which uses 30% less water.

    “They use the system to watermelons in Brail which has a similar, dry climate, so I am hoping it will work well here,” he said.

    What Scott had discovered on his arrival at OGC Nice was a very basic irrigation system fed from the mountains.

    “It doesn’t rain very often here but when it does, we get a month’s rain in a day,” he said.

    Today, holding water tanks have been installed.

    “If there is a problem with water in the city, we will have enough water stored on site to keep the pitches alive,” he said.

    That matters in a part of the world where growing grass isn’t easy.

    “I actually think the South of France is one of the most difficult climates for growing grass because we never really have perfect weather for a prolonged period,” he said.

    “The pitches might be very, very good in April or May, or again in October, but they're not perfect every month for the season. My biggest challenge is creating a pitch that's good for every month of the season.”

    Scott has also increased the pressure of the water so that it covers the whole surface of the pitch evenly.

    “I can put the sprinklers on just five minutes before training and everything will be perfect,” he said.

    In the past, the pitch needed to be watered for about 45 minutes before the players came out and often during training.

    Bob Ratcliffe, CEO of club owners INEOS Football, described Scott as meticulous, dedicated and determined. “He has a wealth of expertise which should help the team at OGC Nice,” he said. And that’s Scott’s goal too.

    “If you think the team performed very well this season, just think what they can now do next season,” he said.

    OGC Nice is one of the founding members of the French football league and has four league titles to its name. But the club’s last cup triumph was in 1997.

    Patrick Vieira, who has played for Juventus, Inter Milan, Manchester City and Arsenal, is head coach.

    Scott said Patrick, who is considered one of the best players of his generation, would also struggle to achieve results on a poor pitch.

    “The pitch is critical if you want a player to achieve his potential,” he said. “A good quality can give a player the confidence to try new things in training.”

    Today there is very little difference between the training ground and the pitch inside the stadium at Allianz Rivera. And that’s how it should be, says Scott.

    “Consistency is key in the pitches that you train on and the pitches that you play on,” he said. “That's the whole point of home advantage. If you train on the pitch all week and you go and play on the same pitch at Allianz Riviera, then you'll adapt very quickly and your performance level will be higher.

    “If you trained here on a very good pitch and then went to a stadium and the pitch wasn't at the level of the training pitch, then it takes you 10, 15 minutes to adapt to it and that could be the difference between winning a game and losing the game.”
    www.ogcnice.com

    Football kicks off again

    INEOS’ two top football teams are now back in action. But for now, FC Lausanne-Sport and OGC Nice are playing all their matches behind closed doors due to COVID-19.

    “We have missed being on the pitch so it’s brilliant to be playing again,” said OGC Nice coach Patrick Vieira.

    “But we do feel that lack of atmosphere. It’s tough to play in these conditions.”

    Later this year FC Lausanne-Sport, one of the oldest football clubs in the world, will move from its home of 66 years to a new 12,000-seater stadium.

    INEOS Football, which bought the Swiss club in 2017, said it had created an exciting atmosphere for both players and fans.

    The Tuiliere complex boasts nine pitches – two grass and seven synthetic.

    These extra pitches provide training and match facilities not only for Lausanne Sport, but also for other local Lausanne teams.

    2 minutes read Issue 20
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    INEOS Grenadiers look to the future

    THE INEOS Grenadiers may have missed out on victory in this year’s Tour de France. But the riders, who had become accustomed to winning, continued to show incredible grit and determination after team leader and defending champion Egan Bernal was forced to abandon the race after 16 stages.

    “They immediately went on the offensive,” said Team Principal Sir Dave Brailsford. That persistence ultimately paid off with an emotional victory on stage 18 as Michal Kwiatkowski and Richard Carapaz took a 1-2 finish.

    But sadly, this year, it was not meant to be, with the glory going to Slovenian Tadej Pogacar (UAE Team Emirates) instead.

    “The Grenadiers will be back to target that yellow jersey again in 2021,” he said.

    Dave, whose team have won seven of the past eight Tours, went on to praise Egan Bernal who became the first Columbian to ever win the race last year.

    “In victory and defeat he showed us what a true champion looks like,” he said. “He is determined to come back even stronger in 2021.”

    Team INEOS had been renamed The INEOS Grenadiers at the start of the Tour following the unveiling of INEOS’ no- frills, unbreakable 4 x 4, The Grenadier.

    The team’s four Grand Tour winning champions, Chris Froome, Geraint Thomas, Egan Bernal and Richard Carapaz, unveiled the new team kit from Castelli and newly-branded Pinarello DOGMA F12 at the Allianz Riviera, alongside two prototypes of the Grenadier vehicle which gives the team its new name.

    The Grenadier is the rugged 4 x 4 utility vehicle engineered and manufactured by INEOS Automotive, designed on purpose to be a highly capable, go-anywhere, hard-working vehicle.

    “The INEOS Grenadiers is a new name but one that sums up who we have always been,” said Sir Dave. “It is a new partnership but one that epitomises our existing team values – ambition, grit, determination, resourcefulness, tenacity and passion.”

    He added:  “This is a deepening of our relationship with INEOS and a brilliant example of how being a part of the INEOS group presents so many opportunities for us to be greater together.

    “Just like the Grenadier, we are a team built on purpose. We know what we need to do and have the right team to get the job done.

    We are here with a clear ambition and are going all in to make it happen.”

    2 minutes read Issue 20
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    INEOS’ lifeline to charities

    SMALL charities, supporting those hardest hit by the global pandemic, have recently been thrown a lifeline by INEOS.

    Over the past few months, employees at INEOS’ sites across the world have been tasked with finding out which local charities and community groups near them are most in need of emergency funding.

    “Often a small donation can make a huge difference to these organisations, which are doing vital work in our communities,” said Ursula Heath, who has been co-ordinating the INEOS Community Fund. “So we decided to create a £1million charitable support fund, administered through several targeted grants of up to £10,000, to organisations where this would allow.”

    As INCH went to press, 159 organisations in 15 countries, including the UK, America, Italy, France, Germany, Spain, Sweden, Belgium, Norway, Singapore, China and Canada had all been helped following requests from 67 INEOS sites.

    “We were overwhelmed by the enthusiastic response of our employees and the volume and quality of grant applications,” said Ursula.The £1m international INEOS Community Fund was established by INEOS owners Sir Jim Ratcliffe, Andy Currie and John Reece as the world began to lock down in response to COVID-19.

    Among those to benefit have been food banks, care homes, domestic violence shelters and poorer families needing help to pay their basic bills.

    One food bank charity – the Restos Du Coeur branch based near Tavaux in France – said its charitable donations had fallen from €8,000 in March 2019 to just €80 in March 2020.

    “We are delighted to be able to help them,” said Thibault Pagnot, Communications manager at INOVYN at Tavaux. The Food Bank in Singapore was given £10,000 by INEOS Styrolution to support its ‘Feed the City – Takeaway’ scheme.

    “We have seen a surge of people in need with a daily request of more than 12,000 cooked meals,” said Ms Nichol Ng, co-founder of The Food Bank Singapore which sources its food from local restaurants.For Steve Harrington, President Global Styrene Monomer and Asia-Pacific, that was also important.

    “We are not only providing some relief to the communities who are struggling, but we are also providing some support to the local businesses who are at risk of shutting permanently,” he said.

    And at INEOS Composites’ site in Dublin, Ohio, officer manager Susan Drye said INEOS’ $10,000 would allow the Mid-Ohio Food Bank to provide $90,000 worth of food for the community.

    “This has been very much appreciated by our communities,” said Susan.

    Other causes supported by the fund have included elderly and disabled care homes, mental health support lines, and organisations providing educational materials to disadvantaged children so that they could continue learning with schools closed.

    “We want to provide hope, and INEOS giving us this money will help us to do
    it sooner” – Deanna Frey, executive director,

    Charity offers hope of a better life for single parent families

    Mother Seton Housing

    America
    mothersetonhouse.com

    SINGLE parents, who desperately need the time and the courage to change their lives for the better, have found a friend in INEOS. But Deanna Frey, who runs the charity Mother Seton Housing, says INEOS’ decision to help financially means so much more than that.

    “What it has done more than anything is to show them that someone believes in their future,” she said. “It would not have mattered if they gave us just $1.” Seton House provides single mothers – and fathers – with more than just a home.

    “That’s what it was in the early days,” said executive director Deanna.  “But we realised we needed to do more to break the cycle of poverty by providing hope, resources and a plan.” An INEOS Community Fund donation of £5,000, organised by INEOS’ WL Plastics Mills Production Facility in Wyoming, USA, has helped them to speed up the launch of a new course that seeks to understand what every parent wants to achieve in their work and personal life, what’s stopping them and, more importantly, what they need to do to make it happen.

    “We want to provide hope, and INEOS giving us this money will help us to do it sooner,” she said. “There is no way we could have got this far without INEOS’ help.” Seton House will use the curriculum developed by Kansas City’s Connections to Success, which has helped to create a more vibrant and inclusive economy.

    Lessons learned in Kansas City will help Seton House in Casper, Wyoming, enormously – even though the two cities are radically different. The thinking is that fundamentally people’s basic needs don’t change.

    Seton House is not just talking to its residents about they want. It also visits local employers to ask them what skills they are looking for in potential staff. The three-week course will explore all aspects of life, including relationships, education, health and parenting. The hope is that the course will allow residents to become more independent and take back control over their own lives. But the support does not end when the course ends.

    “We tell them that we will always be here for them,” said Deanna. “If they need mentors, we are here.” Most of those who seek Seton House’s help are homeless, single-parent families. “They may have been staying with friends,” said Deanna. “But we have also had people living in cars with their children.” Many may also have suffered physical or mental abuse. “They are at rock bottom when they come to us,” said Deanna.  Shanell Mullen was one of them. She was homeless, jobless, pregnant and had a 10-year-old daughter when she sought help.

    “They believed in me when I didn’t believe in myself,” she said. Today, she no longer lives at Seton House. She has a full-time job, a car and lives in a three-bedroomed apartment with her three children, having regained custody of her second son. “I have hope, goals and dreams,” she said. “I see a future.”

    When the charity was founded 31 years ago by Brother Raymond Phillips, there were just three apartments. Single parents were allowed to stay for just 30 days.  “It was later extended to 90 days but it just wasn’t enough time to help them,” said Deanna.

    Today the charity, which relies almost entirely on the public’s generosity, offers homes to 30 single-parent families for two years. But the charity’s support does not end after two years thanks to a unique partnership with a local housing association to provide rentable homes.

    “What’s wonderful is that our families are accepted for who they are,” said Deanna. “Many are those we help may have been told that they are stupid and won’t amount to anything. By INEOS helping us, they are also telling our residents that they are worth it.” For Michelle Xikes, a single mother who works at INEOS-owned WL Plastics, that matters enormously. She first heard about Seton House in 1997 when she left a potentially physically abusive relationship.

    “I was pregnant at the time,” she said. “Luckily I never had to go there as a resident but I knew how important it was.” Over the years, she thought about what she could do to help.  She had recently started donating items and then heard about the planned course.

    “Seton House relies on donations which have been badly affected by COVID-19,” she said. “When I heard that INEOS was asking for nominations for a grant, it was perfect timing.  The grant will ensure the mentor programme gets started.”

    Care homes’ call for help answered

    The Rotary Club of Sarreguemines

    France
    rotary-club-sarreguemines.org

    AS the COVID-19 crisis swept through France, staff at INEOS Polymers in Sarralbe were keen to help.

    “We rapidly knew the needs in our region were huge,” said  Georges Scherrer, who works at the site.

    Hospitals were desperately short of PPE for doctors, nurses, midwives, radiologists.

    But it wasn’t just hospitals. Care homes were struggling to get hold of PPE too to protect themselves – and their residents – against the virus.

    “Mortality rates in care homes had increased by 30% in parts of our region,” said Georges.

    Nursing homes especially needed facemasks that met World Health Organisation specifications but they weren’t cheap.

    As soon as the INEOS Community Fund was launched, the team at Sarralbe had a charity in mind to support.

    The Rotary Club of Sarreguemines, which was coordinating the relief effort, were invited to make an application, and the INEOS Community Fund responded with a €10,000 donation.

    “The only protection these homes had were the visors the rotary club had already distributed to them,” said Georges.

    Since then, INEOS has also donated thousands of bottles of INEOS hand sanitiser to places where it was needed.

    “We now see some children going to school with our hand gels,” he said.

    “We rapidly knew the needs in our region were huge” – Georges Scherrer

    Food bank serves over 520K meals

    Restos Du Coeur

    France
    restosducoeur.org

    A FOOD bank charity is counting its blessings after the INEOS Community Fund came to its aid. The Restos du Cœur for the Jura area had feared it might struggle to feed people after it managed to raise just €80 in charitable donations in March 2020 compared to €8,000 in March 2019.

    “The constraints of the lockdown due to COVID-19 meant we just couldn’t raise any more money,” said Georges Leneez, Président of The Restos du Cœur for the Jura area in France.

    But the need for food was still there.Sébastien Demontrond, a shift manager at INOVYN Tavaux site, had previously worked for the charity as a volunteer – and was aware that the charity would logistically struggle to meet the growing number of people in need.

    He suggested, to his management, that an INEOS Community Fund grant could help to pay for a refrigerated truck, which would allow fresh food to be delivered. A €10,000 grant was approved and quickly paid.

    Marc Hanquet, Opérations Manager at Tavaux, said the site, as the largest private employer in the area, knew it could make the difference.

     “We were aware that many people could be economically impacted because of COVID-19 so they too would be relying on the charity,” he said.

    Last year The Restos du Cœur’s 462 volunteers served more than 520,000 meals to 4,320 people; this year it is expected to be much higher.

    It is not the first time, though, that INOVYN has helped the local community to cope with the effects of COVID-19.

    “We have donated face masks, bleach solution specially made by INOVYN Tavaux, and INEOS hand gel to local medical staff, but it makes us especially proud to do more,” said Marc.

    “The constraints of the lockdown due to COVID-19 meant we just couldn’t raise any more money”

    – Georges Leneez, Président of The Restos du Cœur for the Jura area in France

    “The coronavirus pandemic created unprecedented challenges for everyone, we saw a 35% increase in demand for meals. Each day, we were serving approximately 400 meals to the community.”

    – Doug Smith, Light of Life Ministries director of development

    INEOS helps to feed city’s poorest people

    Light of Life Ministries

    America
    lightoflife.org

    A CHARITY struggling to feed hundreds of homeless and poor people in Pittsburgh, America,  built a makeshift restaurant with the help of the INEOS Community Fund. Light of Life Ministries erected a 40ft by 40ft tent – and also extended meal times – so that it had enough room for people to eat their breakfast, lunch and dinner while keeping their distance from others.

    “We took every precaution to keep people safe,” said Doug Smith, the charity’s director of development. Demand for the charity’s help had increased because so many other services in the city were closed.

    “We knew that if we were not here, those in need did not have an option,” said Doug. “Many of the people had encountered addiction, abuse and mental illness. We were here to help those who lives literally hang in the balance.”

    But the charity, which also operates a food bank and an emergency shelter where men can shower and sleep, took safety precautions.

    It bought disposable cutlery, latex gloves,  portion-sized condiments to reduce handling and cross-contamination and basic cleaning materials.

    It also rented portable hand washing stations and ensured that the dining areas were thoroughly cleaned after each shift. “The coronavirus pandemic created unprecedented challenges for everyone,” said Doug.

    “We saw a 35% increase in demand for meals. Each day, we were serving approximately 400 meals to the community.”

    Demand for the charity’s food bank had also increased greatly.

    “At one stage about 40 community organisations were coming to us to get food for the hundreds of men, women, and families that they serve,” he said.

    In April alone, the charity gave away 50,000lbs (22,600kgs) of food. Food was also distributed to those living in high-rise flats or who were unable to leave their homes due to COVID-19 symptoms.

    Its emergency shelter for men remained open throughout the pandemic – and was full every night. Vitamin C-supplemented electrolyte drinks were offered to boost their immune systems – and they were provided with a portable potty.

    “Many people would not have thought how the closure of all public toilets would affect those living on the streets,” said Doug. All this, though, cost money.

    And it was money the charity did not have. To help ease that burden, INEOS Composites on Neville Island co-ordinated a $10,000 donation through the INEOS Community Fund.

    “We thought about Light of Life as a potential grant recipient immediately during the pandemic,” said Melissa Morgan, a material handler at the site.

    “They aim to meet the needs of the most vulnerable every day and additional COVID-19 precautions have certainly made it more challenging.”

    The charity said it would do whatever was needed to help those most in need. “We believe this is going to be our finest hour at the mission,” said Doug.

    Helping hand for children with cancer

    Oncology Physiotherapist

    Germany

    THE INEOS Community Fund has offered to pay the lion’s share of a physiotherapist’s salary so she can continue to help children with cancer.

    Over the past three years, parents, doctors and friends have raised about £15,000 a year to ensure she can regularly visit the children on the paediatric oncology ward in Mannheim, Germany.

    “She motivates the sick children to get out of their beds to do playful activities,” said Dr Gregor von Komorowski, CEO of The German Leukaemia Research Aid Campaign for Children with Cancer.

    “These exercises help the children to fight against their illness and reduce the side-effects of chemotherapy.”

    But COVID-19 has taken its toll on fund-raising and cut her funding. “The pandemic has affected our work substantially,” said Dr Komorowski.

    To help with the charity’s challenges, the local INEOS Styrolution in Ludwigshafen worked with them to apply to the INEOS Community Fund for a grant.

    The INEOS Community Fund offered €10,000 towards the physiotherapist’s salary – and will also contribute towards new furniture in the children’s playroom. “We are so grateful to INEOS,” said Dr Komorowski.

    The charity group was founded in 1979 by parents whose children had cancer. “Throughout all these years, our aims have remained the same,” he said. “We want to support research and help families cope but our work is exclusively financed through donations.”

    Manuela Bleiziffer, from INEOS Styrolution who helped to apply for the grants, said she felt incredibly proud of her employer.  “In times of crisis, it is easy to forget how well you are doing when your family and friends are healthy and you have work yourself,” she said.

    “But INEOS hasn’t. It is actively working to help organisations that are struggling to survive.”

    Together until death do part

    Winchester Hospice Charity

    United Kingdom
    winchesterhospice.com

    THE INEOS Lyndhurst site has donated £15,200 through the INEOS Community Fund to buy a specialist double, hospital bed that will allow loved ones in hospice care to spend their final nights together.

    It has given Winchester Hospice Charity in the UK the money to provide what is known as a “cuddle bed” – a standard-sized hospital ward bed that can be transformed into a double bed at the touch of a button. “It will make such a difference to so many families,” said clinical matron Maddy Thomson.

    “And it’s lovely to have such positive news in the current climate.” The bed, which was bought with a grant from INEOS’ £1 million community fund, is currently at Royal Hampshire County Hospice in Winchester. 

    But it will transferred to the new 10-bed Winchester Hospice when the two-storey Burrell House is fully restored next spring. “We greatly appreciate INEOS’ support,” said Malcolm Ace, Chief Financial Officer at Hampshire Hospitals NHS Foundation Trust.

    The importance of cuddle beds emerged in June when a couple, who had been married for 75 years, were being treated at separate hospitals and facing death apart. “They both needed end of life care but the family could not visit either of them because of very restricted visiting due to COVID-19,” said a spokesman for The Countess of Brecknock Hospice in Andover, Hampshire.  The hospice, though, was able to transfer them both to Brecknock where they are now being cared for in a spacious room with a cuddle bed.

    “She motivates the sick children to get out of their beds to do playful activities”

    – Dr Gregor von Komorowski, CEO of The German Leukaemia Research Aid Campaign for Children with Cancer

    11 minutes read Issue 20
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    Birth of a new business

    INEOS thrives on making decisions quickly. But one made in March, to tackle the critical shortage of hand sanitiser to hospitals and the NHS in the UK, has led to the birth of another INEOS business – INEOS Hygienics

    AFTER supplying millions of bottles to thousands of hospitals free of charge through the spring and summer, INEOS is shifting its focus. As economies try to get back on track, businesses try to reopen and people try to get back to normal, INEOS is to supply its new hospital grade hand sanitiser product range to the public through Amazon, supermarkets, pharmacies and shops.

    It is the first time in the company’s history that INEOS has sold its products directly to the public. It’s a crowded marketplace already but INEOS Hygienics is confident it can make an impact with its no-frills, high purity hand sanitisers, sanitiser wipes, and sprays.

    “There will be many people outside the industry who have never heard of us so that will be a challenge,” said chief operating officer George Ratcliffe.

    “But INEOS does not want its packaging to be fluffy.  It essentially says ‘we are here to do a job and we will do it’.”

    INEOS says its hand sanitisers and sanitiser wipes are superior because they contain 75% high purity, hospital-grade synthetic ethanol – a proven and effective virus-killer. “We are making hand sanitiser because INEOS is the world’s largest producer of high purity synthetic ethanol which adheres to EU pharmacopeia standards,” he said.

    INEOS manufactures Isopropyl Alcohol (IPA), the other active ingredient commonly used in sanitiser products. INEOS’ aim is to build a brand that the public trusts and associates with quality. For the past 20 years, INEOS has supplied the products to manufacturers for materials that are used to make everything from iPads, to pharmaceuticals, to cars to clothing.

    But few have perhaps been unaware of INEOS’ role in the manufacturing process. COVID-19, however, changed that and highlighted the chemical industry’s vital role in helping the world to defeat this unseen enemy.

    As the distress call went out to industry to help slow the spread of COVID-19, INEOS responded by ramping up production to meet the unprecedented global demand for chemicals at its sites.

    It built six new manufacturing plants – one in the UK, two in France, one in Germany and two in the USA – each taking under 10 days to build from scratch to help tackle the global shortage of hand sanitiser.

    Each plant was designed to produce one million bottles of hand sanitiser every month – and all of it was being delivered free to hospitals where it was needed the most. The majority were 50ml bottles which nurses and doctors could keep in their pockets.

    In all, INEOS gave away millions of bottles of hand sanitiser to thousands of hospitals in the UK, Germany and France and the USA – all produced to World Health Organisation specifications.

    One of two French plants has increased capacity and all production has moved from the Lavera sanitiser plant to Etain.

    “At the time we established the Lavera plant, France had a huge problem with COVID-19 and especially in the South,” said George. “It was one of the hotspots.”

    The plant was set up solely to manufacture hand sanitiser on an industrial scale for two months for hospitals. “It was a charitable effort by INEOS because we had the resources,” said George. In the US, INEOS Hygienics worked with Healthcare Ready to identify the American hot-spot hospitals that had the greatest need.

    “What was incredible about this donation was that it was not just a stop-gap or short-term solution,” said Programme Director Sarah Baker.

    “INEOS set them up permanently, which meant they weren’t worried about where the next round of hand sanitiser was going to come from when they showed up for work.”

    George said the beauty about the new business was that it meant people in Europe could now rely on a secure supply from the UK, Germany or France to meet their needs rather than China or Turkey.

    “COVID-19 has made everyone more aware of the importance of hygiene and the need for effective sanitising products,” he said. “INEOS Hygienics is determined to ensure our products are available to meet the increased demand around the world.”

    for more information visit:
    www.ineoshygienics.com

    ‘We will supply hospital-grade sanitiser products to the public. We can make the best quality wipes, sprays and hand sanitiser because INEOS manufactures 100% of the pharmaceutical grade ethanol in Europe’ – George Ratcliffe, Chief Operating Officer

    Master24.jpg

    3 minutes read Issue 20
  • INEOS-builds-plants.jpg

    INEOS builds plants in 10 days

    INEOS is now manufacturing hand sanitiser on an industrial scale to help with the critical shortage across Europe. It has built new plants in Newton Aycliffe in the UK, Herne in Germany, Etain and Lavera in France as well as the USA. At full rates, each of them will be churning out one million bottles a month.

    “INEOS is a company with enormous resources and manufacturing skills,” said Chairman sir Jim Ratcliffe. “If we can find other ways to help in the coronavirus battle, we are absolutely committed to playing our part.”

    The hand sanitisers will be provided free to NHS and hospitals to help fight COVID-19.

    The public will be able to buy the ­INEOS-branded product from pharmacies and supermarkets.

    INEOS, which built each of the plants in under 10 days, is Europe’s largest producer of the two core ingredients needed for hospital grade hand sanitiser. Its sites in Grangemouth, Scotland, and in northern Germany and Southern France normally produce almost one million tonnes of isopropyl alcohol (IPA) and ethanol every year. And has been diverting more production to the new hand sanitiser plants.

    It is hoped these new plants – built in record time – will help to meet the shortfall.

    INEOS intends to produce both standard and the increasingly popular ‘pocket-sized’ hand sanitisers.

    COVID-19 is a highly contagious disease and is most often spread when people, with unwashed hands, touch their own faces, especially their mouth, nose and eyes. Hand sanitisers can stop this.

    The INEOS hand gel website is now open and taking orders from hospitals, national supermarket chains and wholesalers: www.ineoshandgel.com

    3 minutes read Issue 19
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    7 minutes read Issue 19
  • delivering-the-goods.jpg

    Delivering the goods

    Millions of bottles of INEOS' new hand sanitiser have started being delivered free to hospitals across Europe. Warrington & Halton Hospital in England was the first UK hospital to receive 450 litres to help keep its frontline workers safe in the fight against COVID-19.

    “It's absolutely fantastic that British manufacturers have stepped up to fight against coronavirus,” said Deputy Chief Nurse John Goodenough.

    The INEOS hand sanitiser project, initiated by Chairman Sir Jim Ratcliffe, has enlisted the support of Sir Dave Brailsford and his winning Tour de France cycling team.

    “This major initiative has brought together the very best of all INEOS and its teams in a race against the clock,” said Sir Jim.

    As team principal of Team INEOS, Sir Dave is more used to managing the world’s best cycling team.

    His logistics team is highly efficient at moving lots of cycling equipment, supplies and support crews around the world.

    Now Dave and his team are liaising directly with NHS trusts and hospitals across Europe, co-ordinating shipments to where they are needed most.

    “Usually it’s the sports stars who everyone comes to watch and support,” he said. “But the tables have turned. Now the performers are the health workers and the frontline hospital staff and they are the ones who everyone is admiring at the minute. We are the fans.”

    Working closely with NHS Trusts, INEOS hand sanitisers will be delivered to 28 hospitals across the UK including Grangemouth, Halton, Teesside, Derby and London.

    Wider distribution will follow as the production plant at Newton Aycliffe in the North East of England reaches full capacity.

    Similar plants in Herne, Germany, and Lavera in France are also delivering free vital supplies directly to hospitals.

    The three plants were built in less than 10 days. A fourth - at Étain, France – will start production imminently.

    INEOS’ initial priority is to meet the needs of frontline medical and care services before supplying pocket-sized hand sanitisers for the public.

    All will be produced to World Health Organisation specifications.

    Hand-to-mouth contamination is one of the main ways that the virus spreads and there is a critical shortage of hand sanitisers across the UK and mainland Europe.

    “We knew speed was crucial in addressing this shortage,” said Sir Jim. “That said, getting the hand sanitiser into production in just 10 days was a huge team effort and Team INEOS, led by Sir Dave Brailsford, have made a great contribution alongside the rest of the INEOS family.”

    INEOS produces chemicals that go into anti-biotics, paracetamol, anti-inflammatories, anti-virals and aspirin, and the re-agent chemicals that go into testing kits.

    It also produces the plastics that go into medical equipment, face masks, sterile gloves and eye visors. The list goes on and on and on.

    The US Department of Homeland Security has described many as being ‘critical to national resilience’ from basic sanitation through to the search for a vaccine.

    The latest project combines INEOS’ know-how in engineering, chemical production and safety, with Team INEOS’ logistical expertise.

    “If we can find other ways to help in the coronavirus battle, we remain absolutely committed to playing our part,” said Sir Jim.

    WWW.INEOSHANDGEL.COM

    4 minutes read Issue 19
  • three-of-the-greatest.jpg

    Three of the greatest racing teams in the world are now working together to become unbeatable

    Great minds from INEOS' British challenger for The America's Cup, TEAM INEOS and Mercedes' F1 team are now working together to become unbeatable.

    What appealed to INEOS, in signing the technical partnership, was Mercedes’ grit and determination to redefine what is humanly possible.

    What Mercedes-AMG Petronas F1 team likes about INEOS is its dynamism and entrepreneurial flair.

    “What unites us is the ambition and the competitiveness,” said Toto Wolff, Team Principal and CEO of Mercedes-AMG Petronas F1 team. “We are very excited about this agreement’s potential.”

    At the heart of these three teams is a shared passion to drive, sail and pedal faster than anyone else in the world. And work has already started.

    Eighteen technical engineers from Mercedes’ applied science division are now working full-time at INEOS TEAM UK’s headquarters in Portsmouth to help INEOS build a race boat to win next year’s America’s Cup for the first time in the competition’s 170-year history.

    They are pooling their expertise and showing they work almost as quickly off the track as they do on it.

    “The rate of development is astonishing for the top teams,” said Graham Miller, who is leading the partnership from Mercedes’ side. “One of the things we can offer is the ability to fast-track developments.”

    At Brackley, Mercedes has an enormous manufacturing capability with some of the world’s best manufacturing tools and the ability to fit 170 aerodynamicists around a 16ft x 5ft car.

    “The benefit back to the team is the rate of development,” said Graham. “Some of it is reactionary if the team faces issues, but some is proactive and planned development.”

    Mercedes’ team will be looking at aerodynamics, simulation and the planning precision and processes needed from concept to design to manufacturing.

    “You can have the best design in the world but if you don’t leave enough time to produce it, it’s no good to anyone,” said Graham. “You have to strike that balance between the point you have to release that concept to detail design, to the point you have to release that detailed design drawing to manufacturing and then release it from manufacturing to assembly.”

    Late last year The America’s Cup team launched their first AC75 race boat – a foiling monohull that flies on wings.

    “Our boat really shouldn’t sail because it is effectively a 10-storey building sailing on a coffee table,” said INEOS Chairman Sir Jim Ratcliffe. It has, he said, been a technical challenge. Graham said his team from Mercedes would be able to learn valuable lessons from that.

    “Formula 1 is all about minimising weight and maximising stiffness,” he said. “But the hydrodynamic loads in the boat are just enormous. Just to be able to help design in that environment with such extreme loads is potentially useful for us in the future because you get exposed to different materials.”

    A second race boat will be launched this year. It will be the most technical ever built with an estimated 30,000 component parts needed to work in perfect symmetry to allow the 75ft boat and 11-man crew to fly’ during the race itself.

    The crossover between aviation and F1 racing already exists. “We sometimes describe our cars as low-flying aircraft,” said Graham.

    Simulation will also be critical, said Graham, so that the British sailing crew can test what works and ultimately learn how to sail, or rather fly, the boat.

    “It’s a platform that has never been sailed before so simulation is a critical developmental tool,” said Graham. “The more they use the simulator and develop it, the more that will lead to performance development on the water and speed.”

    Aerodynamics have been the focus of F1 teams for years in the drive for efficiency and performance. “A 2004 Formula 1 car looks like a complete brick compared to modern day cars,” said Graham.

    Over the years the changes have come down to minute, microscopic developments. “Because of the limited resource we have always had, we have tended to look at the big rocks in the field and how we can manipulate those,” said INEOS TEAM UK’s chief designer Nick Holroyd.

    “Mercedes have allowed us, both by helping us with the resource and by mindset, to drill down into a fine level and shown that when you get a lot of those details right, they can actually add up to quite a significant gain.” Although the focus is primarily on The America’s Cup team, Mercedes will also be working with TEAM INEOS, formerly TEAM SKY, which has dominated The Tour de France for years.

    “We cannot wait to get started,” said team principal Sir Dave Brailsford. “Our unrelenting determination to outwit the ever-improving competition will benefit hugely from this partnership.”

    Meanwhile, Sir Ben Ainslie, who will skipper the 75ft monohull in next year’s America’s Cup race, said Mercedes’ involvement had been a huge boost to his team.

    “There’s an incredible amount of synergy across all the sports, Formula 1, cycling and the America’s Cup,” he said. “It’s a fascinating mixture of pushing the boundaries of technical innovation alongside sporting prowess.”

    What has surprised Graham most, though, so far, is how the rules change from one America’s Cup race to the next.

    “In one, the crew may race in a catamaran, the next in a 75ft monohull,” he said. “We may have big rule changes in F1, but ultimately you’ve always got four wheels, a front wing and a back wing. It would be like us going from a motorbike to a car to a truck.”

    7 minutes read Issue 19
  • principle-partner.jpg

    INEOS signs as Principal partner with Formula 1 Team

    The best Formula One team in the world also has a new partner in the driving seat. INEOS is now sponsoring Mercedes-AMG Petronas F1 team. INEOS Chairman and Founder Sir Jim Ratcliffe said it was a fantastic engineering company. “They have consistently shown that they are at the forefront of technological innovation and human performance,” he said.

    INEOS, which already owns the world’s most successful cycling team and is the British challenger for the 36th America’s Cup, believes the two companies can learn from each other to help improve performances on the race track, the road and in the water.

    Lewis Hamilton is a six-time Formula One champion and is one of Mercedes’ drivers, alongside teammate Valterri Bottas.

    At a press conference to announce the partnership, Sir Jim said he had only met Lewis – and his dog – for about five minutes.

    “I don’t know him, but I am a great admirer,” he said. “I think he is one of the finest drivers who has ever strode the earth,” he said.

    Sir Jim and Toto Wolff, Team Principal and CEO of Mercedes-AMG Petronas, began discussing a potential partnership when they met at a pre-season F1 testing in Barcelona last year.

    The F1 team’s new car, with INEOS’ logo, was unveiled at the press conference.

    INEOS’ name appears on the airbox above the driver’s head, the front and rear wing, as well as on the team’s clothing and drivers’ overalls.

    3 minutes read Issue 19
  • mercedes-f1.jpg

    Mercedes F1 team come to the aid of NHS

    Engineers from Mercedes' F1 team have - in less than 100 hours - helped to develop a breathing aid that can keep coronavirus patients out of intensive care. The team worked around-the-clock with engineers from University College London and clinicians at UCL Hospital to further improve an existing respiratory device that has been used in Chinese and Italian hospitals.

    The result is a state-of-the-art version, which has been approved for use by the UK’s NHS, and adapted so it can be mass-produced.

    “We were privileged to be able to call on the capability of Formula 1,” said Professor Tim Baker of UCL’s mechanical engineering department. “We were able to reduce a process that could take years down to a matter of days.”

    The device, which pushes oxygen into the lungs to keep them open, reduces the effort needed to breathe in, especially when the air sacs in the lungs have collapsed due to COVID-19.

    It will help coronavirus patients with serious lung infections to breathe and negates the need for invasive mechanical ventilation, which requires patients to be heavily sedated.

    “From being given the brief, we worked all hours of the day, disassembling and analysing an off-patent device,” said Tim. “Using computer simulations, we improved the device further to create a state-of-the-art version suited to mass production.”

    Mercedes-AMG-HPP will soon be producing up to 1,000 per day.

    The new device will help to save lives by ensuring that ventilators, which are in short supply, are used to treat only the worst-affected patients.

    It is thought the UK alone could need 20,000 extra ventilators to deal with the pandemic. Mercedes has also been working with the six other UK-based F1 teams, as part of Project Pitlane, to bolster the UK’s efforts to treat COVID-19 patients with severe breathing difficulties.

    They are using their engineering expertise to manufacture other medical equipment, which is urgently needed in intensive care units.

    “The Formula 1 community has shown an impressive response to the call for support,” said Andy Cowell, Mercedes HPP’s Managing Director.

    What sets all F1 teams apart is their ability to rapidly design and manufacture complex products quickly.

    Meanwhile, INEOS TEAM UK, who had been focused on building their racing boat for next year’s America’s Cup challenge at their base in Portsmouth, have also joined in the fight to help stop the spread of COVID-19.

    “In these circumstances, preventing the spread of COVID-19 has to be everyone’s top priority,” said skipper Sir Ben Ainslie. “Everyone has a part to play.”

    There is a nationwide initiative to ease the pressure on hospitals by creating ‘red zone’ surgeries where low-risk patients, showing COVID-19 symptoms, can be examined.

    INEOS TEAM UK will be supplying personal protective equipment through their suppliers including respirators, gloves and safety goggles, to their local ‘red zone’ surgery.

    The team are also using their manufacturing capacity and 3D printer at their base in Portsmouth to produce 50 PPE re-useable masks per week which will be sent to the same surgery.

    In addition, the team’s design co-ordinator, Jonathan Nichols, and James Roche, head of simulation, have been supporting a team at Imperial College London in designing new ventilators.

    “Although their project wasn’t chosen by the UK government, Imperial College will continue to look into developing the ventilator,” said a team spokesman. “And we have put them in touch with a long list of suppliers and experts to help them.”

    MERCEDESAMGF1.COM


    INEOS TEAM UK manufacture PPE face shields to support fight against COVID-19

    INEOS TEAM UK is supporting the fight against the ongoing COVID-19 pandemic by manufacturing PPE face shields for key workers in the local area around their team base in Portsmouth.

    Utilising the manufacturing capacity and resource within the team base, including 3D printers and sailmakers, together with additional resource from the existing team partnership with Mercedes-Benz Applied Science (MBAS), INEOS TEAM UK and MBAS will together be producing an initial total of over 100 PPE face shields a day.

    6 minutes read Issue 19
  • climate-of-change.jpg

    A climate of change

    Our climate is changing - and we are all to blame. Global demand for fresh food and water, clothes, electronics, medicines, cars, planes and construction materials all ensures the continual burning of fossil fuels.

    It's easy to say ban them; it's harder to achieve.

    “We cannot just turn off the tap,” says Dr Peter Williams, INEOS’ Group Technical Director. “Many of our products, which are made with gas and oil, are being used to build wind turbines, solar panels and other renewable technologies.”

    That doesn’t mean ­INEOS is blind to the problems of global warming which threaten the planet. Far from it.

    It understands what’s at stake. “As a business, INEOS is driven by innovation and the need to find alternative raw materials and fuel,” said Dr Greet Van Eetvelde, INEOS' Group head of Energy and Innovation Policy and lead of CEN, INEOS' Carbon and Energy Network. “And staff are not doing it because they have to. They are doing it because they want to.”

    At INEOS’ Zwijndrecht site – the birthplace of INEOS - staff have, for years, been cutting greenhouse gas emissions by capturing carbon dioxide to be reused in other on-site processes. That work goes on.

    But INEOS is also: WORKING with pioneering recycling companies so it can use fewer resources – gas and oil – to make its products.

    STARTING to replace gas and oil, where it can, with renewable raw materials and REINVESTING its profits in state-of-the-art manufacturing plants to improve their efficiency – and cut greenhouse gas emissions. On that score, it is proud of its record.

    “Optimising our sites to make them more efficient is something we are really good at,” said Greet.

    But INEOS is not just focusing on what it has done. What matters is what it intends to do now and in the future.

    It has set itself clear targets to use more recycled plastics to make its products by 2025.

    And it’s making good progress already with many new products now on sale.

    “All this is moving us to a circular economy which will increase resource efficiency, reduce greenhouse gas emissions and provide an outlet for plastic waste,” said Peter.

    As it looks to the future, it believes hydrogen will be the answer to many people’s prayers for cleaner air and its businesses in the UK, Germany and Belgium are all now involved in projects.


    Cutting Usage

    At INEOS’ Zwijndrecht site – the birthplace of INEOS - staff have, for years, been capturing carbon dioxide to be reused in other on-site processes.

    Investment

    It is reinvesting its profits in state-of-the-art manufacturing plants to improve their efficiency – and, as a result, cut greenhouse gas emissions.

    More Renewables

    ­INEOS has started replacing gas and oil, where it can, with renewable raw materials to make its products.

    New Technologies

    ­INEOS is working in partnership with pioneering recycling companies so it can use fewer resources to make its products.

    Target-driven

    ­INEOS has set itself clear targets to use more recycled plastics to make its products by 2025. And it’s making good progress already with many new products now on sale.

    Alternative Energy

    ­INEOS’ businesses in the UK, Germany and Belgium are all now involved in projects to smooth the road to an economy fuelled by hydrogen which produces zero emissions.

    7 minutes read Issue 19
  • closing-the-loop.jpg

    Closing the loop

    Coronavirus may have given single-use plastics a reprieve as we all realise the value they bring to public health by preventing the spread of the virus. But when the crisis is over, what then? INEOS hopes people will see that not all plastic is the problem, it’s how we treat plastic waste. For years now, INEOS has been calling for a change in mind - set - and trying to explain its thinking.

    Now it is forging partnerships with recycling companies in America, the UK, Italy and Austria.

    PLASTIC ENERGY, Forever Plast, Viridor, Agilyx, Pyrowave and GreenMantra – all leaders in their own fields – are all now working with INEOS to close the loop and create a circular economy where nothing goes to waste.

    As a result, plastic waste, much of which was once destined for landfill, is now being turned into a raw material that INEOS can use.

    INEOS has also found a way to reduce its reliance on fossil fuels by making a new generation of bio-based plastics from a residue from the pulp industry.

    Instead of 100% gas and oil, it is using that renewable raw material from Finland instead. And the plastic that is made from this bio-attributed raw material has a 90% reduction in greenhouse gas emissions compared to traditional plastic.

    And it is on the brink of a partnership in a plant that will take the plastic no one wants – and using a UK company’s patented technology – turn it into a recycled raw material that can make virgin plastics. And crucially, interest in all these newly-engineered high quality, plastic products is flooding in from all corners of the globe. As part of its own commitment to a new circular economy, INEOS set itself four ambitious targets to meet by 2025. One promised to use 325,000 tonnes of recycled polymer in its products. It is now doing that. Another pledged to offer products containing at least 50% of recycled content. That too is happening.

    “We don’t wait to see what happens,” said ­INEOS Communications Director Tom Crotty. “We make it happen.”

    3 minutes read Issue 19
  • solution-to-pollution.jpg

    The solution to end pollution

    INEOS is now working with a visionary company that has developed and currently operates a unique process to recycle plastic that no one else can.

    It has signed an agreement with PLASTIC ENERGY to develop a recycling plant to convert difficult-to-recycle plastic waste into clean, recycled plastics, with production due to start in 2023.

    The two companies, who share a vision of a world where plastic is valued, will use their expertise and industry knowledge to decide on the best location.

    “This really will help us to make a difference to a world where using plastic is no longer a threat,” said Carlos Monreal, founder and CEO of PLASTIC ENERGY.

    His company has spent the past 10 years developing the patented recycling technology which turns plastics, traditionally destined for landfill or incineration sites, into TACOIL.

    TACOIL is a recycled oil which can be used in petrochemical plants to make ethylene and propylene – the key building blocks for plastics.

    Currently chemical companies, like INEOS, make those building blocks with gas and oil and then convert those into polyolefins.

    PLASTIC ENERGY already owns and operates two plants in Spain where the technology is in use 24 hours a day, 330 days a year.

    “It is not science fiction or a project or a dream,” said Carlos. “It is a reality and something we would like to share with the world.”

    Rob Ingram, CEO INEOS Olefins & Polymers, said the agreement to build an advanced recycling plant marked another important milestone in INEOS’ sustainability strategy.

    “To take plastic waste back to virgin plastic is the ultimate definition of recycling and helps us to move towards a circular future for plastics,” he said.


    PLASTIC ENERGY

    TACOIL is a recycled oil which can be used in petrochemical plants to make ethylene and propylene – the key building blocks for plastics.

    Thermal Anaerobic Conversion (TAC)
    Patented TAC technology converts end-of-life plastic waste into a TACOIL to create clean recycled plastics or alternative low-carbon fuels.

    TAC Process
    Plastic waste is heated in the absence of oxygen until it melts and the polymer molecules break down to form a rich saturated hydrocarbon vapour.

    As a result of this TAC process, the condensable gases are converted to hydrocarbon products while the non-condensable gases are collected separately and combusted to process energy.

    TACOIL
    For every tonne of end-of-life plastic waste processed, 850 litres of chemical feedstock TACOIL are produced.

    4 minutes read Issue 19
  • pulp-power.jpg

    Pulp Power

    INEOS is planning to make a new range of plastics out of residue from the pulp industry. It has signed a long-term agreement with a company in Finland for its biofuel, which will be used as a raw material instead of purely gas and oil to make plastic food packaging, medical supplies and pipes.

    UPM Biofuels’ wood-based residue is already being used by INEOS O&P to produce raw materials for their colleagues at INOVYN, who recently unveiled the world’s first commercially available PVC, partly made with the residue that would otherwise be burned as a fuel.

    This latest deal is seen as another great stride along the road to a greener economy.

    “INEOS is interested in delivering a low carbon, circular economy,” said Gabriella Isidro, Business Development Manager at INEOS O&P Europe North. “The carbon footprint of our products has got huge scrutiny at the moment so we are really looking at how we can reduce our greenhouse gas emissions and have a more positive impact on the environment.”

    The new range of ‘bio-attributed’ polyolefins will be produced at INEOS’ site in Köln, Germany.

    And they have already received the blessing of the globally-respected Roundtable on Sustainable Biomaterials.

    It has certified each step in the process, starting from UPM Biofuels converting the wood-based residue into hydrocarbons, through to the final polymer.

    “INEOS has really raised the bar for the plastics industry,” said Nicola Noponen, technical advisor for The Roundtable on Sustainable Biomaterials.

    “By selecting the most stringent sustainability system for their certification, they can demonstrate that their products carry high levels of sustainability, they result in greenhouse gas emissions’ reductions and displace fossil resources.”

    The result are products which have a proven positive impact on the environment without sacrificing any product performance.

     The other beauty of UPM’s biofuel is that it is not only renewable but it also does not compete with the food chain.

    The biofuel will be shipped by barge to O&P’s plant in Köln where it will be turned into bio-ethylene in its existing cracker.

    “By replacing fossil-based raw materials in the cracker, our products will be contributing to a significant reduction in carbon emissions,” said Rob Ingram, CEO INEOS O&P Europe North. UPM, which has been making products from wood at its site in Lappeenranta for more than 100 years, is excited to be working with INEOS.

    “INEOS’ and our commitment to RSB certification creates a strong common ground to build on,” said Maiju Helin, Head of Sustainability and Market Development at UPM Biofuels.

    As a company, it was forced to transform itself in a bold way and look for new business in 2008 as the demand for news print began to fall.

    In 2012 it built the world’s first bio-refinery producing wood-based, renewable diesel and hasn’t looked back.


    UPMBIOFUELS

    The renewable raw material for UPM BioVerno naphtha is crude tall oil, a residue of the pulp making process.

    UPM climate positive farming
    Our feedstocks are cultivated within existing agricultural systems and requires no additional farmland for their cultivation. These feedstocks are introduced as an additional high biomass cover crop within an existing main crop rotation during seasons where land is not typically in productive use.


    If you would like further information on this range or need discuss any matter relating to these products please contact us at: sustainability.opeurope@ineos.com

    6 minutes read Issue 19
  • top-priority.jpg

    Top Priority

    Billions of caps from plastic drinks bottles - destined for landfill - are now being recycled into perfectly-formed, colourful new ones. INEOS, which is behind the move, says it has never been done before.

    “It is a step change but it is what was needed,” said Bruce Debell, business director of ­INEOS Olefins & Polymers South. “We have proven to the world that you can use recycled products to create high quality ones.”

    Over the next five years, 6.5 billion bottle caps will be recycled.

    O&P is working in partnership with a privately-owned Italian company which specialises in recycling high density polyethylene and has developed a system that allows the different coloured bottle tops to be separated and cleaned.

    In the past, this highly-versatile plastic, which can be moulded into almost any shape, was either sent to landfill or turned into such things as plant pots and garden furniture. But Bruce said that was a waste of a highly-engineered plastic that deserved better. “Other, lower grade plastics can be used for those things,” he said.

    ­INEOS and Forever Plast in Milan already have popular brands lined up, wanting to buy the new bottle tops.

    The changes are in direct response to consumers, demanding recycled products from companies amid concern for the environment.

    “In doing this we are using fewer fossil fuels to make our products,” said Bruce.

    Forever Plast blends 50% of the recycled bottle tops with highly-engineered speciality chemicals, which have been developed at ­INEOS’ plant in Tuscany.

    The end result mirrors ­INEOS’ virgin grades of high density polyethylene.

    Currently, the new tops, which will be made with 50% of recycled material, cannot be used on food containers or drink bottles due to regulations. But that’s the ultimate goal. “It’s difficult, but we are not ruling it out,” said Bruce.

    “We are now working towards being able to use these products so they can be in contact with food again because, if we can do that, there’s a huge market out there.”

    Over the years bottle caps have got lighter without losing any of their qualities.

    It may seem trivial but with billions of bottle tops being produced every year, using fewer resources to make them, can make a huge difference.

    “All that has been achieved through science,” said Bruce.


    Forever Plast

    Over the next five years, 6.5 billion bottle caps will be recycled Recycling Process

    1. PET recyclers collect bottles.
    2. The plastic bottles are sorted and crushed into huge bales.
    3. The plastic is shredded and placed in water.
    4. The former bottles, which are made of PET, sink.
    5. The former bottle caps, which are made from high density polyethylene, float.
    6. The multi-coloured flakes (the former bottle top caps) can then be skimmed off the surface.
    7. Those flakes are sent to Forever Plast where they are put in a machine which can sort the the flakes into different colours.
    8. They are then cleaned, ground into pellets and finally blended with highly-engineered virgin chemicals from ­INEOS.

    7 minutes read Issue 19
  • gathering-steam.jpg

    Gathering Steam

    Hydrogen has the power to change the world in ways we can only imagine. It already powers the sun, which, in turn, powers the world. But it can also power transport, businesses, even homes - and slash harmful greenhouse gas emissions.

    “Most people agree that if society is to achieve net-zero emissions, the hydrogen economy must be given a huge boost,” said Dr Peter Williams, ­INEOS’ Group Technology Director. “And ­INEOS has the skills, capabilities and desire to help achieve this.”

    ­INEOS’ businesses in the UK, Germany and Belgium are all now involved in hydrogen projects.

    In the UK, ­INEOS-owned INOVYN, which produces thousands of tonnes of hydrogen a year as a co-product, is looking at how the gas could be used to run buses, cars and lorries and significantly improve the air quality in towns and cities.

    ­INEOS could reuse the hydrogen it co-produces more widely, and also link its electrolysis technology to renewable energy to produce greater amounts of green hydrogen for transport, industry and homes.

    INOVYN is a member of the UK-based North West Hydrogen Alliance which believes hydrogen is a workable, economically-viable alternative to fossil fuels. “Unlike fossil fuels, hydrogen will never run out,” said a spokesman. Hydrogen can be made from electrolysis of water, which produces the hydrogen as well as oxygen as a co-product.

    The alliance’s aim is to have 25 hydrogen-powered buses, producing zero emissions, on the streets of Liverpool by the end of this year.

    A number of INOVYN sites, including Runcorn, already have co-fired (hydrogen) boilers and have been using hydrogen that way to make steam for decades.

    At ­INEOS’ Koln site in Germany, the power plant is also co-fired with hydrogen next to natural gas, and staff are looking at how they could feed hydrogen into the region’s power network so that it could be used to run inner-city public transport.

     That all fits with Germany’s desire to build an economy based on hydrogen instead of fossil fuels so it can meet its Paris Agreement goals.

    The UK is also looking at whether it can make hydrogen from natural gas. Unlike hydrogen produced from water, this would result in some carbon that would need to be captured directly then stored deep underground. “That could enable us to halve the emissions at our Grangemouth site in Scotland,” said Peter.

    Carbon capture and storage is not always necessary with hydrogen production but, where it is, ­INEOS is well placed.

    At the Port of Antwerp in Belgium, ­INEOS is working with a host of firms, including BASF, Total and ExxonMobil, on plans for carbon capture and storage. “­INEOS can bring its experience because it is already capturing half of the Oxide process emissions in Antwerp,” said Dr Greet Van Eetvelde, ­INEOS' Group head of Energy and Innovation Policy and lead of CEN, ­INEOS' Carbon and Energy Network.

    The technology to capture carbon is evolving rapidly and is on the verge of becoming economically viable. ­INEOS is also working on storage.

    The Danish Council on Climate Change believes carbon capture could begin in 2025 and that storage could have a real influence in 2030.

    “That's also our target,” said Johan Byskov Svendsen, ­INEOS Denmark Developing Assets Manager. “We're working from the assumption that it will be possible to store CO2 from the second half of this decade.” He added: “No other company operating in the country has made it as far with a CCS project as ­INEOS.”

    So ­INEOS, which is planning to build the most energy-efficient ethylene cracker in Europe, will be well prepared. Once built, ­INEOS’ €3 billion ethylene cracker and world-scale PDH unit in Antwerp will emit half the CO2 emissions of similar-sized, ageing plants elsewhere in Europe because co-produced hydrogen will be used as fuel instead of natural gas. “This will be a pioneer in terms of technologies used, environmental impact and efficiency,” said Peter.

    6 minutes read Issue 19
  • grenadier-axles-frame.jpg

    Building the Grenadier - Frame and Axles

    INEOS is building a super-strong 4x4 that's capable of getting the job done no matter how punishing the conditions. The world now knows that.

    What it doesn’t know is what the new Grenadier will look like. That burning question, though, is one which ­INEOS will seek to answer this year.

    Over the next 12 months, it will be revealing sections of the 4x4 for the very first time - bit by bit.

    ­INEOS is creating the ladder frame in partnership with a highly-experienced vehicle manufacturing company that has a proven pedigree of making ladder frames that can tackle the toughest environments.

    And it has partnered with Carraro, which has a long history in building tough 4x4 vehicles, to develop the front and rear axles.

    View Video: ineosgrenadier.com/reveal/frame-axles


    LADDER FRAME

    A proper off-road 4X4, made to tackle the toughest terrain, needs a box-section ladder frame. So why would we choose anything else? Super strong, rugged, simple and stable.

    SERIOUS TOWING CAPABILITY
    A stable platform. Balanced load distribution. 3.5 tonne capacity.

    MULTI-LAYERED ANTI-CORROSION PROTECTION
    Able to withstand water, snow, road salt or sand.

    PURE STRENGTH
    Trees, rocks, or termite mounds. Contact that might stop a unibody SUV shouldn't stop the Grenadier.

    SUPERB RIGIDITY
    High-tensile steel for torsional strength. Up to 4mm wall thickness. Able to withstand high levels of stress under load.

    BEAM AXLES

    Beam axles belong on the Grenadier. And there are lots of reasons why. Since the first ever 4X4s appeared, beam axles have proven to offer better ground clearance, articulation and load carrying ability than independent suspension. They’re simpler and easier to fix. With the greatest strength and all round off-road capability.

    IMPROVED RIDE COMFORT
    In combination with the suspension, beam axles offer better ride comfort on the harshest terrain.

    TRACTION YOU CAN TRUST
    When one end or side goes up, the opposite pushes into the ground for greater grip.

    LOAD CARRYING
    Traction, braking and tyre wear don’t change as suspension is compressed, compared to independent. Great when carrying heavy loads.

    HIGHER GROUND CLEARANCE
    Easily clears larger objects when driving across rocky, off-road terrain.

    FITTED FRONT AND REAR
    Even greater articulation and strength. Robust constant velocity joints.


    The road to a new future?

    ­INEOS is determined to one day build a hydrogen-powered 4x4 that can cope with life in the great outdoors. It has spent the past nine months exploring the best ways to do it without affecting The Grenadier’s ability to survive in the harshest conditions.

    “All the work we have done re-affirms our belief that a hydrogen-powered vehicle represents the best solution for developing a zero emission version of a rugged 4x4,” said Antony Walker, Head of Finance at ­INEOS Automotive.

    “We fully intend to press ahead with our developments.”

    The feasibility study was funded with a £124,000 grant from Innovate UK.

    “It still remains a very long journey from this feasibility study to a fully-fledged, and costed, development programme for a hydrogen fuel cell vehicle,” said Mark Tennant, Commercial Director at ­INEOS Automotive.

    The project began in July last year and has involved engineers from Germany, UK-based procurement, commercial and finance staff and technical experts from project partners AVL Powertrain UK.

    ­INEOS Automotive is uniquely positioned to help develop the infrastructure needed to support hydrogen-fuelled vehicles as currently there are only 16 hydrogen stations in the UK.

    It is working closely with ­INEOS’ chemical businesses, which produce about 250,000 tonnes of hydrogen a year in the UK and Europe from making chlorine and cracking gas and oil.

    ­INEOS currently uses most of it but believes hydrogen could be more widely used to help clean up the air in towns and cities where pollution is a problem.

    “There has been a significant global shift towards a low carbon economy, and the automotive sector presents a major opportunity to reduce emissions,” said Antony.

    The beauty of hydrogen is that when used as a fuel, it produces only water that’s so pure you could drink it.

    And filling a tank is almost as quick as refilling it with petrol and diesel.

    Electric vehicles are currently being presented as alternatives to petrol and diesel. But they are heavy, the batteries don’t last long and they take hours to recharge.

    “These technological shortcomings mean battery-powered vehicles are not currently practical for heavy haulage, construction, and off-road usage,” said Antony.

    8 minutes read Issue 19
  • meeting-of-minds.jpg

    A meeting of minds – Saving the Atlantic Salmon

    World experts agree that they must work together if the wild North Atlantic salmon is to survive. At an international conference in Iceland, hosted by INEOS, the importance of sharing knowledge was laid bare as they discussed the alarming decline in salmon and efforts to bring this iconic fish back from the brink of extinction.

    Scientists, academics and conservationists from Iceland, the UK, Norway, Ireland and Canada realised it is only when they get together that real change can happen.

    “They are all doing amazing things, so what we wanted to do was bring them all together,” said Dr Peter Williams, INEOS Group Technical Director.

    “By having a forum to share what we, and other researchers, are doing, we can help each other and create a bigger picture that adds to our understanding and allows us to focus our work and communicate it much more effectively.”

    The numbers of North Atlantic salmon have fallen by 70% over the past 30 years and it is now endangered.

    During the summit, Dr Colin Bull, from The Missing Salmon Alliance, said there was a ‘crying need’ for an initiative to collate all the information that was already out there.

    “I believe there is a way we can pull everything together across disciplines, to turn the plethora of research and management data on salmon and its environment into a cohesive resource to focus and drive forward our collective efforts,” he said.

    Gudni Gudbergsson, head of the freshwater division at The Marine and Freshwater Research Institute in Iceland, said there was already extensive co-operation between ICIS and NASCO, but both organisations had specific remits.

    “As a backbone organisation that is okay, but new thinking and co-operation is needed and that is what we are doing here today,” he said.

    Dr James Rosindell, a reader in biodiversity theory at Imperial College London, said academic and practical research data needed to be shared. “The research is often carried out by different groups who sometimes don’t want to give it up,” he said. He called for an overhaul of the traditional, academic system. “It is stressful and inefficient to be fighting against others to get funding, then reinventing the wheel, and then publishing papers that sit on the shelf collecting dust,” he said.

    January’s summit in Reykjavik ended with a pledge to rapidly establish new conservation strategies to reverse the decline.

    Many of those strategies are already being tested in Iceland, home of The Six Rivers Conservation Project founded by ­INEOS Chairman Sir Jim Ratcliffe. “It’s a holistic programme, backed by science,” said Peter.

    As part of the project, botanists have been planting trees to enrich the soil around the rivers because healthier vegetation leads to a healthier environment for the organisms that live in the rivers.

    About 1,000 smolts – maturing salmon – have been tagged so that scientists can track and monitor their behaviour.

    And millions of salmon eggs have been planted into the gravel in rivers further upstream to help breed a healthier and stronger stock.

    In addition, PhD students from The Marine and Freshwater Research Institute and Imperial College London have been comparing new data and the old data, gathered by the institute over the past 75 years. “We believe the Six Rivers project will help inform conservation in other countries,” said Peter.

    Gisli Asgeirsson, CEO Strengur Angling Club, said the work was vital to help understand why the Atlantic salmon were disappearing – and what needed to be done to stop it. “Once we have this information, we can start to put in place measures that will help the salmon not only survive but thrive,” he said.

    Sir Jim, who is an expert fly-fisherman, has been working with Strengur for years.

    All profits from Strengur, which provides the best quality fly-fishing in the world, are now being reinvested back into salmon conservation in North East Iceland.

    For more information and photos from the symposium go to: sixrivers.is/en/symposium


    Symposium Key Speakers

    January 23rd, The Hilton Nordica, Reykjavik, Iceland

    Peter S. Williams, B.A., D.Phil
    INEOS Group Technical Director

    Dr Colin Bull
    The Missing Salmon Alliance

    Prof Guy Woodward
    Professor of Ecology and the Deputy Head of Life Sciences at Imperial College London

    Dr Rasmus Lauridsen
    Head of Fisheries Research at Game & Wildlife Conservation Trust

    Else Möller
    Forester MSc at Austurbru

    Prof Nikolai Friberg
    Research Director for Biodiversity at the Norwegian Institute for Water Research NIVA in Oslo, Norway

    Gudni Gudbergsson
    Freshwater division of the Marine and Freshwater Research in Reykjavik

    James Rvosindell
    Reader in Biodiversity Theory at Imperial College London

    Mark Saunders
    Director, International Year of the Salmon – North Pacific Region

    Philip McGinnity
    Research Professor with the Environmental Research Institute at University College Cork


    Academics
    PhD students from The Marine and Freshwater Research Institute and Imperial College London have been comparing new data against old data, gathered by the institute over the past 75 years.

    Conservationists
    Millions of salmon eggs have been planted into the gravel in rivers further upstream to help breed a healthier and stronger stock. And salmon ladders have been built to allow salmon to reach new spawning grounds further up the rivers.

    Scientists
    About 1,000 smolts – maturing salmon – have been tagged so that scientists can track and monitor their behaviour.

    Botanists
    Biologists, who specialise in plants, have been planting trees to enrich the soil around the rivers because healthier vegetation leads to a healthier environment for the organisms that live in the rivers.

    Strengur Angling Club
    All profits from the club, which provides the best-quality fly-fishing in the world, are now being reinvested back into salmon conservation in North East Iceland.


    The Six Rivers Project, now in year 4 of development, is making good progress

    Our aim: to protect the North Atlantic Salmon, now endangered.

    The means: a self-funding entity undertaking long-term conservation initiatives.

    The actions: annual salmon egg planting, revegetation/tree planting, salmon ladder building, at a scale never attempted before.

    The underpin: world-leading research. These initiatives will provide a real boost to the salmon population in North East Iceland. Nature will take her time, but we are already seeing positive signs.

    Lots more to come - Bill Reid, Six Rivers & Strengur Board

    8 minutes read Issue 19
  • safe-hands.jpg

    Safe Hands

    INEOS used to look to the very best in the chemical industry for inspiration. Those companies helped it to focus on where it wanted - and needed - to be when it came to its safety record. Today, it looks to itself.

    “We cannot look to others anymore because we are now right up there with the best,” said Simon Laker, INEOS Group Operations Director.

    The OSHA figures show that INEOS last year recorded its best-ever performance, falling from 0.91 in 2009 to 0.16.

    “We don’t like to say we are the world’s best, but we are world class,” said Simon.

    Top of the class for INEOS was the Oil & Gas UK business which recorded zero.

    What the figures don’t show is what it took for INEOS to achieve that level of excellence. Over the years it has developed numerous systems to address each problem as it has arisen.

    There are few group-wide systems in INEOS, but safety is one of them. All sites are regularly audited against the 20 Principles, which cover everything from how to control work to how to control change.

    Staff, seeking solutions, can find the best performing sites and hence the answers easily. “That really is the power of INEOS,” said Simon.

    There is a bonus structure that is inextricably linked to a site’s safety performance, including how tidy it is and how well maintained. “The gate to the bonus won’t open if the site’s housekeeping is not in order,” said Simon.

    That changed after INEOS introduced the AsCare audit system following a poor standard of housekeeping and maintenance on one of its French assets.

    “Today if you go on to any site, you can tell which parts are owned by INEOS because they are spotless,” he said.

    There are few group-wide systems in ­INEOS, but safety is one of them. All sites are regularly audited against the 20 Principles, which cover everything from how to control work to how to control change.

    Sites that perform badly – in terms of such things as injuries, leaks and environmental breaches – are placed on a RED list. “We deem a RED list site as having an unacceptable risk for INEOS,” said Simon. Each RED site is given two years to fix the problems. If it cannot be brought up to the required standard, the site is shut down and closed.

    “We don’t want to close sites but we just cannot run a site that can potentially hurt people,” said Simon. “It could lead to a catastrophe and that’s abhorrent. It is those sort of things that really do keep us awake at night.”

    In 2012 INEOS introduced 20 basic safety principles covering processes and staff’s behaviour.

    Those messages have helped to drive down reportable incidents and produce INEOS’ best-ever safety performance.

    But not everyone always follows them.

    “Every time there is an incident, it is reviewed to see if any one of the 20 principles has been broken,” he said.

    “I have yet to find one incident where that’s not happened. If we always followed those principles, we would never have another incident in INEOS.”

    Huge improvements have been made over the years, as can be seen by the safety performance, but there are a few critical activities that are so important that any breach will result in instant dismissal. These are the life-saving rules.

    “Other companies may give them more chances, but why would we allow people a second chance to kill themselves or one of their colleagues?” said Simon. “We cannot have people like that in our organisation.”

    INEOS has achieved its best-ever OSHA performance, despite acquiring more businesses whose procedures and rules on safety and standards often differ.

    “We do assess the risk when we are looking to buy new companies,” said Simon. “Most have a worse safety performance than us. The first priority when they join us is to get their safety levels to where INEOS’ are.”

    But that mixed heritage – and there are people working in INEOS who have come from BP, BASF, ICI and many others – does bring certain advantages.

    “Others may see it as a weakness,” said Simon. “But we see it that somewhere amongst all these heritages is the answer to any problem.”

    Each month INEOS Chairman Sir Jim Ratcliffe is given a detailed report, showing the number of such things as safety critical alarms or overdue inspections.

    It has been known for some sites, acquired by INEOS, to report hundreds of such alarms and missed inspections in just a month. “Within one or two years they are back to what we expect in INEOS,” said Simon.

    For INEOS, though, the work never stops. “When a business’ performance improves, we move the goalposts to encourage it to do even better,” he said. “It all comes back down to the fear of complacency. As soon as you think you’re there, you’re not.”


    20 Principles

    Behavioural Safety

    01 - We believe all incidents and injuries can be prevented

    02 - Everyone's first responsibility is to ensure they work safely

    03 - Everyone has the duty to stop work if they feel the situation in unsafe

    04 - The expectations and standards are the same for everyone on the site

    05 - Rules and procedures must be observed and respected

    06 - We should look out for each other’s safety and unsafe situations

    07 - All injuries and incident / near misses must be reported and investigated

    08 - Risk assessment must be carried out prior to, during and on completion of work

    09 - All team leaders have a special responsibility for promoting and upholding these principles

    10 - We must always work within the limit of our competency and training

    Process Safety

    01 - The asset operating manager is responsible for its overall integrity

    02 - The asset engineers are responsible for maintaining the asset and protective systems integrity

    03 - The responsibilities in the organisation for defining and maintaining the correct operating envelopes must be clear

    04 - Operating procedures and envelopes must be observed. Deviations must be reported and investigated

    05 - Any changes must be properly risk assessed and subjected to MOC procedures

    06 - Process hazards are systematically identified, risk assesses, reviewed and managed

    07 - All assets must be subject to periodic inspection designed to ensure their integrity and the reliability of their protective systems

    08 - Operations must always place the safe operation or shutdown of the asset ahead of production

    09 - When in doubt the asset must always be taken to its safest state

    10 - We have emergency plans based on assessed risks which are regularly tested

    5 minutes read Issue 19
  • INEOS NHS.jpg

    NHS and INEOS

    "For almost 28 years I’ve worked as a maintenance technician at the Newton Aycliffe compounds site in the North East of England.

    It is also the site of one of INEOS' new hand sanitiser plants, producing one million bottles of hospital-grade hand gel every month.

    My partner is a nurse in the A&E department at Darlington Hospital in the UK and is now working harder than ever to keep people safe from the COVID-19 virus.

    Yesterday my 15-year-old daughter painted me a picture to display in my window to show her support for everyone – and demonstrate how proud she is of what the NHS and INEOS are doing to help fight COVID-19."

    Shaun James - INEOS Maintenance Technician

    1 minute read Issue 19
  • ENGLISH-1366x768.jpg

    A 4X4 BUILT ON PURPOSE – an uncompromising off-roader that works for the world

    As INEOS gears up to build its no frills Grenadier in the UK, engineers put it through its paces


    INEOS’ new, no frills 4x4 will be built in Britain – and it will be named after the London pub where the idea was born. The long-awaited announcement followed months of soul searching for the best possible location.

    “We looked long and hard at possible manufacturing locations across the world,” said INEOS Chairman and Founder Sir Jim Ratcliffe. But Bridgend in South Wales beat the lot.

    “The decision to build in the UK is a significant expression of confidence in British manufacturing, which has always been at the heart of what INEOS stands for,” said Jim.

    As INCH went to press, work was well underway to build its manufacturing and assembly plant in the small Welsh market town.

    Economy and Transport Minister Ken Skates said the Welsh Government had worked closely with INEOS to make it happen.

    “This is great news for Wales,” he said. “And Bridgend has a long history of skilled manufacturing expertise.”

    The new manufacturing plant is being built on a 14-acre plot of land close to Ford Bridgend’s 40-year-old plant, which is due to close in 2020, with the loss of 1,700 jobs.

    Production of The Grenadier – named after a poll of INEOS Automotive’s online followers – is due to start in 2021, and is expected to create up to 500 jobs.

    Key parts for the 4x4, including the body and chassis, will be built at a second, sub-assembly factory in Estarreja, Portugal, before being brought to Bridgend for assembly.

    BMW will supply the engines, and another German company, MBTech, a former subsidiary of Mercedes Benz, has been awarded the engineering contract.

    The Grenadier has been described as the spiritual successor to the Land Rover Defender, which ceased production in January 2016.

    “That left a serious hole in the marketplace and we are going to plug that gap,” said Jim.

    The Grenadier will be rugged, capable, durable and functional – and easy to repair in a field.

    “It will be a working tool to get the job done,” said Dirk Heilmann, CEO INEOS Automotive. “No frills. No fuss.


    Pushing to the extreme

    The Grenadier is being designed to withstand the toughest conditions in the world. For the past 12 months, the development team has been running a chassis and suspension “mule” to test the durability of these critical components. And so far it is faring well.

    And the team have been trying their hardest to find The Grenadier’s weak spots – for months. “Believe me, we’re looking for them,” said Alex. In fact, they have been pushing The Grenadier, INEOS’ no frills 4 x 4, to the extreme.

    It has already covered several thousand kilometres on and off-road.

    Most of the tests have been carried out at Austria’s Graz Magna proving grounds – a favoured place to test military trucks and tanks.

    “It was the ideal environment for us because we were able to push the vehicle beyond expectations,” he said.

    The prototype has also been put through its paces at Germany’s Boxberg testing ground, which is used by all major European car manufacturers.

    But its most recent test took it to the 4,593ft summit of Austria’s Schoeckl Mountain, which is seen as the place where 4x4s can let themselves go as they tackle the punishing climb over sharp limestone rocks to the top.

    “Historically it has been used by Daimler for the G-class,” said Alex. “But The Grenadier handled it extremely well.”

    Discover more at: www.ineosgrenadier.com

    4 minutes read Issue 18
  • eliud-inch18.jpg

    We Made History Today

    Second to none

    JUST 26 seconds had stood between Eliud Kipchoge and history. But in the end, the greatest marathon runner of all time didn’t need them. In a seemingly effortless performance, he ran 26.2 miles in 1:59:40 – beating his own personal best by 45 seconds – to become the first man on earth to comfortably run a marathon in under two hours.

    As he crossed the finish line in Vienna, he declared: “We all made history today.”

    The 34-year-old Kenyan was referring to the INEOS-backed supporting cast who had worked round-the-clock, and behind the scenes, to help make it happen.

    The team of scientists, researchers, his coach, his manager, his nutritionist, his physiotherapist, the driver of the electric car who had controlled the speed of the race – and the 41, world-class pacemakers whose job had been to shield Eliud from any wind.

    “Today is Eliud’s day but everyone can come out to celebrate this moment,” said two-time Olympian Lopez Lomo, who was one of the pacemakers.” We are all part of history. We all did this together as a running community.”

    But there were others too.

    The 120,000 spectators, who had lined the route to cheer him on, included INEOS’ Chairman and Founder Sir Jim Ratcliffe, a keen sportsman who has run more than 30 marathons himself.

    “For that last half a kilometre, it didn’t look like Eliud’s feet were touching the ground,” said Jim. “He looked so calm and tranquil.”

    Together that winning team had ensured that no stone was left unturned to help Eliud achieve his goal.

    His performance on the day encapsulated Eliud the man – calm, consistent, patient and totally unflappable.

    And there to see him race, for the first time, was his wife Grace and their three children.

    She had telephoned him the night before his marathon attempt with a few words of advice.

    “I told him he just needed to relax,” she said.


    Man and machines in perfect harmony

    The Car

    An electric car controlled the pace of the race to ensure Eliud ran at the same speed for the entire 26.2 miles. But during testing, the team discovered that cruise control systems on cars are not 100% accurate. In short, they realised if the pace car ran 0.1kph too slow over two hours, Eliud would finish the race in 2:00:34.3. The RML Group, a high performance automotive engineering company in the UK, were hired to ensure that didn’t happen.

    Lasers

    The car was also fitted with lasers that shone a pattern on the road to help the pacemakers hold their formation – and a digital LED board so the runners could keep track of the time.

    Transponder

    The runners and the car carried a transponder chip, which was read by each of the one kilometre markers, providing accurate feedback on split times and speeds.

    The crowd

    Eliud Kipchoge wanted a big crowd because the bigger the crowds, the better he performs. About 120,000 spectators lined the entire, tree-lined route to cheer on Eliud.

    Man on bike

    Valentijn Trouw, Eliud’s manager, handed Eliud Kipchoge a bottle of 215 millilitres of energy drink Maurten every 5km.

    The second car

    To ensure nothing was left to chance, a second car – equipped with the same software as the first – was on standby should the team encounter a problem.

    Pacemakers

    Eliud’s pacemakers were primarily there to shield him – as much as possible – from the wind. They ran in a never-seen-before formation, which created a little pocket of air around him. Every few kilometres, a new team of pacemakers took over because no other athlete in the world can run at the same pace as Eliud without resting.

    Vienna

    Vienna was chosen to host INEOS’ 1:59 Challenge because it was within a three-hour time difference of Eliud’s training camp in Kenya, it had a long, flat, sheltered, straight course, where spectators could watch the race, and the weather was likely to be good.


    The world was watching

    INEOS 1:59 - The challenge in numbers

    120,000 spectators lined the route on the streets of Vienna

    500+ million people watched the challenge through global broadcasters & online via YouTube

    12,500 online press articles

    2.9 BILLION cumulative readership

    17 BILLION impressions across all social channels

    No Human Is Limited - The campaign in numbers

    850,000 global followers - #NoHumanIsLimited became the third top trending topic on twitter on the day of the INEOS 1:59 Challenge (behind two other INEOS 1:59 related hashtags)

    13 BILLION - The campaign reached 13 billion on twitter alone with 215,000 #NoHumanIsLimited posts on twitter and 30,000 posts on Instagram

    8 of the Best - 8 ambassadors each with their own story of breaking through barriers to achieve the remarkable:

    1. Chris Froome
    2. Patrick Vieira
    3. Sir Ben Ainslie
    4. Hermann Maier
    5. Abdi Nageeye
    6. Elaine Wyllie
    7. Robby Ketchell
    8. Dame Tanni Grey-Thompson

    #No Human Is Limited

    ELIUD Kipchoge didn’t just want to make history on the streets of Vienna. In running a marathon in under two hours, he wanted to show the world something else. That no human is limited. As he crossed the finish line in 1:59:40, he said: “I expect more people all over the world to run under two hours after today.”

    For years experts had insisted that the human body was simply not capable of running 26.2 miles in under two hours. But they had said that before. About the four-minute mile. In the 1940s, that was not only considered impossible, but also dangerous. But on May 4, 1954, Roger Bannister believed he could do it – just as Eliud believed he could become the first man of earth to run a sub, two-hour marathon on October 12, 2019.

    Sixty-five years separated these two historic events but both men prepared to meet their destiny by visualising victory. Sadly Roger Bannister wasn’t alive to witness Eliud’s incredible achievement in Austria. He died of Parkinson’s disease in March 2018, aged 88. And Eliud, at just 34, wasn’t alive when 25-year-old Roger Bannister famously ran a mile in 3:59.4 at the Iffley Road track in Oxford. But they shared a common bond. Neither man believed in setting limits.

    Eliud – and the team who helped to stage the INEOS 1:59 Challenge – now hope that others will be inspired to push boundaries and challenge themselves in a way they may never have dared.

    “Any human being can go beyond their limits,” said Eliud. “Any human being can go beyond their thoughts. But self-belief is crucial.”

    Roger Bannister’s record stood for just 46 days. And over the past 50 years, more than 1,000 athletes have run a mile in under four minutes. “The runners of the past had been held back by a mindset that said they could not surpass the four-minute mile,” said Bill Taylor, author of Simply Brilliant: How Great Organisations Do Ordinary Things in Extraordinary Ways.

    Eliud’s legacy may be one for the history books, but he is now focused on running a campaign to inspire the world. His No Human Is Limited campaign has already won an army of high-profile supporters from the world of sport and business.

    Among them is four-time Tour de France winner Chris Froome. “To see Eliud break the two-hour record proved that limits can be defied and actually that limits should never be set in sport,” he said.

    8 minutes read Issue 18
  • ENGLISH-1366x7683.jpg

    Rule Britannia

    The British challenger for The America’s Cup looks to the past as it endeavours to shape the future


    ELEANOR Roosevelt said the future belonged to those who believed in the beauty of their dreams.

    At INEOS TEAM UK’s base in Portsmouth, those dreams – sketched out on paper about 18 months ago – have just become a reality.

    INEOS’ involvement in The America’s Cup challenge was always going to produce something spectacular. And it has. In the shape of a futuristic racing yacht that can ‘fly’. “This is unlike anything ever seen on the water before,” said Chief Designer Nick Holroyd.

    The boat, with its torpedo-style hull, has been christened Britannia in memory of the Royal Family’s famous racing yacht which notched up an enviable 231 wins during its lifetime. Back then, Britannia, built for King Edward in 1893, really did rule the waves. The INEOS boat – the team’s first – was officially unveiled in October.

    Sir Ben Ainslie, who hopes to lead the first-ever British team to victory in The America’s Cup 168-year history, spoke before INEOS Founder Sir Jim Ratcliffe and his daughter Julia named her Britannia.

    “I am biased of course but I think Britannia is a wonderful acknowledgement of our maritime history,” said Ben.

    The 75ft AC75 is now being put through its paces on the waters of the Solent, the strait that separates the Isle of Wight from mainland England. It then moves to Italy to make best use of the winter wind and weather off the coast of Sardinia. How it performs at sea will determine what changes are made to the second boat, which will be launched in February 2020.

    “This is a really critical period in the campaign,” said Ben. “The learnings will go into our second race boat and into the America’s Cup itself in 2021.”

    Despite many attempts, no British crew has ever managed to land sailing’s most coveted trophy. “The quest to win has required a fresh approach, a new strategy and serious support from INEOS to focus entirely on the mission in hand,” said Ben.

    The first opportunity the British team will get to test their design against their four main rivals will be in Cagliari, Sardinia, in April 2020, when all the yachts will compete in the first of the America’s Cup World Series races. The 2021 America’s Cup Match itself will be contested in March 2021.

    Although the team has “a reasonable idea” of what to expect from its AC75, thanks to simulators which the design and sailing team use ashore, the dynamics are hard to predict.

    “They are likely to present new challenges to the sailors,” said Ben.

    Lessons are already being learned by the crew who will be bidding to rewrite history in 2021. Exactly what, is being kept under wraps, but the design of the INEOS Team UK’s second boat will be refined.

    “We already know many things we would do differently for our second boat,” said CEO Grant Simmer.

    The clock has now really started ticking for all teams, who are due to compete for the coveted America’s Cup.

    Grant said Sir Ben Ainslie’s British crew wanted to launch a test boat early.

    “Our first test boat T5 was really good because it gave us a programme and project to work on early in the campaign,” he said.

    “It was good getting the shore team and sailing team together and getting some systems in place. We learnt from just getting out and sailing a boat in this configuration.”

    Their aim now is to maximise their time on the water with their first AC75 ‘Britannia’ and study the designs of the other teams’ boats.

    “Those two areas will lead to the design of our second AC75,” he said.

    One boat they were not able to study performing on the water until very recently was Emirates Team New Zealand as they didn’t build a test boat, and instead launched straight into their AC75 programme.

    “Since the last Cup they’ve relied a lot on their simulator - like all the other teams – but I don’t think their strategy was that risky,” said Grant.

    Grant said New Zealand’s deck layout was very simple with a strong emphasis on energy production. But with potential speeds reaching above 50 knots, the competition is wide open.

    “We could very easily see failures because these boats are very light and can capsize,” he said. “A major structural problem close to the cup could definitely lose it for anyone.”

    AC75 Britannia

    Construction hours: 50,000 +

    Design hours: 90,000 +

    CNC Machine hours: 45,000+

    Individual parts: 25,000

    Estimated top speed: 50knots /57.5mph /92.6km/h

    Length: 22.76m with bowsprit (20.7m without)

    Max Beam: 5m beam

    Weight: 6,450 tonnes

    Hull and rig construction: Carbon fibre

    Rig: Double-skinned soft-wingsail

    Crew: 11

    Crew weight: Max 990kg

    #ThereIsNoSecond | www.ineosteamuk.com

    6 minutes read Issue 18
  • ENGLISH-1366x7684.jpg

    Proud to be British

    IN the first collection of its kind, Belstaff has designed on-shore clothing for the British team.

    It has drawn inspiration from the garments worn by America’s Cup teams throughout the competition’s 168-year history.

    “Just wearing Belstaff makes me feel proud because it’s such an iconic British brand that’s adventurous and always pushing the boundaries,” said skipper Sir Ben Ainslie.

    The 23-piece collection, which merges iconic Belstaff pieces with high-performance materials designed to last, will go on sale to the public from April next year.

    INEOS bought Belstaff in October 2017.

    1 minute read Issue 18
  • ENGLISH-1366x7685.jpg

    Belstaff

    The Road Less Travelled

    BELSTAFF is drawn to risk-takers, those who thrive on adventure and are not afraid to veer off the beaten path. So too is INEOS.

    That’s why the two are a perfect fit. INEOS, which bought the iconic British clothing brand in 2017, and Belstaff understand each other.

    Now members of the public have been given an opportunity to listen to an original podcast series from Belstaff, exploring the lives of five different talented souls, who have taken unfamiliar roads in life by challenging both who they were ‘meant to be’ and the wider status quo.

    Their stories are shared in the podcast series, entitled The Road Less Travelled, which has been described by GQ Magazine as the perfect antidote to a miserable morning commute.

    In the first series, host Reggie Yates – no stranger to hard work and going his own way – interviews actors Stanley Tucci (The Devil Wears Prada), Raleigh Ritchie (Game of Thrones), Naomie Harris (Moonlight), Andrew Scott (Fleabag) and Emma Mackey (Sex Education).

    Hosted by Reggie Yates

    EPISODE ONE - STANLEY TUCCI

    In this episode, actor, writer and director Stanley Tucci discusses his creative path from working-class New York, to a shy radio-voice on Frasier, before playing an Oscar-nominated role in the critically acclaimed Spotlight.

    Stanley’s life, the characters he has portrayed and the stories he has told, have become reflections of his own remarkable journey - he regards this as a paramount part of his creative process.

    EPISODE TWO - RALEIGH RITCHIE

    In this episode we meet actor and musician Jacob Anderson AKA Raleigh Ritchie. Raleigh left his family in Bristol to live in a hostel in London - where he auditioned all day, recorded his next album at night and eventually landed the monumental role of ‘Grey Worm’ in Game of Thrones propelling his career into the Hollywood stratosphere.

    Raleigh’s personal struggles with identity, new-found fame and his mixed heritage give him a unique view on the world - one that fuels his desire to be authentic - in his performances, music and life.

    EPISODE THREE - NAOMIE HARRIS

    In this episode we meet Naomie Harris, multi-award winning actress and the star of Oscar winning film, Moonlight. Naomie discusses her community drama school in North London, being an outlier at Cambridge University, and how stepping out of her culture and standing apart - eventually led to her cinematic success.

    Naomie’s devotion to playing powerful female characters, from Eve Moneypenny to Winnie Mandela, are re-defining the scripts of history and giving humanity, complexity and personality to icons of popular culture.

    EPISODE FOUR - ANDREW SCOTT

    In this episode we meet Andrew Scott, who discusses coming out in Catholic Ireland, forgiving the church and how his latest role in the highly acclaimed series Fleabag will potentially alter Britain’s perception of priests today.

    Andrew’s deep love for human nature, whether it’s playfulness, insecurities or a desire for success - have been truly influential on his life as an actor, as a friend and as Britain’s most infamous characters in Spectre and Sherlock.

    EPISODE FIVE - EMMA MACKEY

    In this episode we meet Emma Mackey, actress and star of Netflix series Sex Education. Emma discusses growing up in rural France, trying to fit in at school, and what it’s really like to shoot a sex scene.

    Emma’s own character, and the character that she’s risen to fame playing, all embody a sense of individuality. A feature she feels is desired by all of modern society.

    WWW.BELSTAFF.CO.UK/PODCAST-AW19.HTML


    Location Location Location

    Belstaff’s appetite for change shows no signs of flagging as it moves its flagship London store to a better site

    BELSTAFF’S adventure into the High Street continues. Since INEOS took over the iconic British clothing brand in October 2017, it has reopened and relocated stores. The latest decision saw a new flagship store open in London’s Regent Street, which attracts more than 50 million visitors a year to its eclectic mix of iconic British and international brands.

    For the past six years the company’s flagship store had been based in New Bond Street, but with a new vision for store design and a community building focus, it was time for a move.

    The new shop is close to Soho, one of London’s most vibrant neighbourhoods which will be reflected in the store.

    “The space can be transformed from a retail environment into a community hub very easily because all fixtures are on castors,” said CEO Helen Wright. And Belstaff intends to do that.

    It wants to host an ongoing series of curated events with guest hosts along with special screenings, panel discussions and podcast recordings.

    And key figures from the Soho community were involved in the official opening event, curating the food, music and entertainment.

    As with many of Belstaff’s revamped stores, there’s plenty of room for customers to enjoy a coffee or G&T while their old jackets are given a new lease of life at the in-house waxing station.

    Classes will also be run to show customers how to care for their Belstaff waxed cotton and leather jackets.

    Those classes will be filmed and shared on Belstaff channels.

    “They will also highlight the importance of sustainably-designed products that are built for life,” said Helen.

    For almost 100 years, Belstaff has kitted out some of the most daring people the world has ever seen, including aviator Amy Johnson, adventurer TE Lawrence and revolutionary Che Guevara. “The jackets they wore are still made by Belstaff today,” said Helen.These are exciting times for Belstaff.

    In March, INEOS reopened its Spitalfields store in London.

    In May it relocated the Munich store to Residenzstrasse, the vibrant heart of the German city.

    And in July Glasgow’s Belstaff branch was moved from Princes Square to a much bigger site in Ingram Street.

    But there is one constant: the customer must always come first.

    7 minutes read Issue 18
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    Innovators not imitators

    Sustainability through innovation

    INEOS are investing in hundreds of active projects on carbon, hydrogen, heat & power, renewables, resources and waste

    Renewable raw materials, made from sustainable wood-based waste are being used to replace traditional raw materials originating from oil and gas based products. The resulting polymer products from INEOS contribute to measurable Greenhouse Gas (GHG) savings.

    Innovation is not just about having ideas. It’s about making ideas happen...

    THOMAS Edison – arguably the greatest inventor in history – had some sound advice for those wanting to follow in his footsteps. "The value of an idea," he said, "lies in the using of it." As a company, INEOS excels when it comes to making great things happen. Every day.

    Pete Williams, INEOS’ Group Technology Director, is in no doubt about that.

    “INEOS continues to improve its sustainability, and its products help to improve the sustainability of many things we all take for granted in our day to day lives,” he said. “We want to be delivering valuable products to customers not just today but also in 10, 20, 30 years and beyond. So as a growing world sets its target to move towards net zero carbon emissions, INEOS will adapt and move with it to meet its needs, to overcome its challenges and seize new opportunities.”

    To do this, innovation is key. At INEOS Innovation and sustainability are inextricably linked.

    INEOS products already makes a powerful contribution to a more sustainable world by making possible a wide range of products for various industries, including automotive, healthcare, medicine, aerospace, renewable technologies, construction, electronics, electrical and household goods, and packaging.

    Independent reports calculate that if polymers were to be replaced to the maximum level by the next best alternatives, greenhouse gas emissions would more than double.

    “Looking forward, we are innovating to make an even stronger contribution,” said Pete.

    Every day the company is focused on improving the efficiency of its sites and reducing emissions.

    More efficiently-run plants are not only better for the environment, but they can create savings which can then be reinvested elsewhere.

    The polymers INEOS produces contain mainly carbon. “We see our job as looking after the carbon,” said Pete. “We see it as using it as efficiently as possible, and recovering and re-using it as much as possible.”

    INEOS has already launched a range of new polymers containing recycled plastics.

    It is also looking at how to use bio-sourced carbon – carbon from natural sources rather than oil and gas – and has launched new bio-products, such as Biovyn. “All these reduce emissions further,” said Pete.

    But to be truly sustainable INEOS must make sufficient profit so it can re-invest in new state-of-the-art manufacturing techniques and equipment.

    “The analogy is that we need to be able to replace the old, inefficient car of 30 years ago with a new, much more efficient version,” said Pete. And that’s what INEOS is now doing.

    In January this year INEOS announced it planned to spend €3 billion on a new cracker and propane dehydrogenation complex in Antwerp.

    The investment, described by Chairman Sir Jim Ratcliffe as the largest of its kind in Europe for more than a generation, will enable a step change reduction in emissions associated with the manufacture of olefins, the key intermediate for a broad range of products used in automotive, construction, transportation and medical applications.

    In summary, INEOS intends to remain sustainable and meet the challenges of the changing environment through innovation.

    And it doesn’t matter where the ideas come from. “Good ideas can come from anywhere,” said Pete. “Our staff, our customers, our supplies.”

    Those ideas can be quickly shared through efficiently-run networks, such as the Carbon and Energy Network.

    Greet Van Eetvelde, INEOS’ head of energy and innovation policy, said INEOS is involved in hundreds of active projects on carbon, hydrogen, heat & power, renewables, resources and waste.

    “Many of them are innovation projects linked to universities and other organisations as we seek to harness expertise and work with cross-sector businesses to optimise the significant benefits from our industry and beyond,” she said.

    Those in-the-know are already aware of what the chemical industry has done to make cars and planes lighter and more fuel efficient.

    They understand that without the chemical industry, there would be no wind turbines and solar panels.

    They recognise the important role the chemical industry has played in bringing water to some of the poorest parts of the world.

    “We know what we have done, what we are doing and what we can do to create a low carbon economy,” said Pete. “The difficulty, as always, is changing the public’s perception of what we do.”


    Innovations in plastic recycling

    INEOS is at the heart of many, new innovative products thanks to its forward-thinking and dynamic approach.

    INOVYN fuels new, greener generation of PVC

    SINCE its invention more than 100 years ago, PVC has been made predominantly from fossil fuels. Some countries, including Brazil, have used sugar instead as a starting material but that’s also not been without controversy.

    “Europe is especially sensitive to using land for anything other than growing crops to feed people,” said Dr Jason Leadbitter, Sustainability & Corporate Social Responsibility Manager at ­INOVYN.

    But times are changing – and ­INOVYN is at the heart of one monumental change.

     Instead of purely gas and oil, the INEOS-owned company has starting using biomass to make its latest generation of PVC. The beauty of this, as a raw material, is that it is not only renewable but it also does not compete with the food chain.

    “No one else has done this yet,” said Filipe Constant, Business Director ­INOVYN. “It’s a world first, and it also delivers a greenhouse gas saving of more than 90% compared to conventionally-produced PVC.”

    The new product is BIOVYN™ – and interest is now flooding in from all corners of the globe, including Australia, America and Turkey.

    “We have had lots of requests and from lots of different sectors, including the car industry, medical suppliers and window and pipe manufacturers,” said Inna Jeschke, marketing manager for General Purpose Vinyls at ­INOVYN.

    Biomass PVC delivers a greenhouse gas saving of more than 90% compared to conventionally-produced PVC

    To make it happen several key pieces of the jigsaw first needed to come together.

    INEOS O&P in Köln, Germany, has been instrumental in securing the biomass – the raw material – to ensure it could satisfactorily be converted to bio-ethylene.

    And converting this bio-ethylene to produce BIOVYN has only been made possible through a robust and transparent standard developed by the globally-respected Roundtable for Sustainable Biomaterials (RSB). Once the jigsaw was complete, ­INOVYN needed customers.

    “You can produce something but you need customers who are prepared to buy it because it is more expensive,” said Inna.

    Tarkett, a flooring company with offices all over the world, liked what it saw.

    “We believe in doing good together,” said President Fabrice Barthélemy. “And we are convinced there is an urgency to shift models to preserve the world's finite natural resources.”

    Tarkett plans to use BIOVYN™ to manufacture a new flooring collection due to be marketed in Europe next year.

    “Thankfully countries in Scandinavia are really driving the renewable agenda,” said Inna.

    The biomass-derived raw material is shipped by barge to INEOS O&P’s plant at Köln where it is turned into bio-ethylene in its existing cracker. That is then piped directly to ­INOVYN’s plant at Rheinberg in Germany.

    “We cannot say it is bio-based because the bio-ethylene will still be mixed with fossil-ethylene,” said Jason. “But that is where the RSB standard plays a fundamental role by ensuring that the bio-ethylene is attributed to the BIOVYN product.”

    He described it as a major step forward in ­INOVYN’s journey towards sustainability.

    “It clearly demonstrates our commitment to developing innovative solutions that address society’s needs,” he said.

    The Roundtable on Sustainable Biomaterials, whose global mission is to support best practice for sustainable bio-material production, is full of praise for ­INOVYN.

    “This product is a true leader in the emerging circular bio-economy,” said executive director Rolf Hogan.

    Recycled plastic gets a fresh start

    PLASTIC waste, once destined for landfill or burning, is now being recycled into a range of high quality plastics. INEOS has spent a lot of money researching ways to use these recycled plastics with their customers.

    “We don’t like to make a big fuss until we know we have something to show,” said David Kirkwood, Polymer Business Manager. “But using 50% or more recycled plastic in our products is a big achievement.”

    INEOS hopes its long-term agreements with recycling companies, including Viridor, will show the public that plastic waste is a valuable resource that should be brought back to life, not used once and thrown away. And together they have hatched a plan to do that.

    The household rubbish is collected, sorted and cleaned before being turned back into recycled plastic pellets, which INEOS then processes with a better quality plastic at its own sites to make a product that is as good as the original.

    “INEOS has applied extensive material science and process expertise to design and produce this completely new range,” said CEO Rob Ingram. INEOS customers have been hugely positive about the Recycl-IN product range.

    In the past, brand owners or consumers were not keen on recycled plastic because it lost some of its quality during the recycling process and the end product was just not as good. But Recycl-IN has overcome that obstacle. Recycl-IN can be used to make many household products in just the same way as normal plastics. “You would not notice the difference in a laundry detergent bottle, for example,” said David.

    Using 50% or more recycled plastic in our products is a big achievement

    For it to run smoothly, INEOS will need a steady supply of recycled plastic pellets and next year Viridor is opening a state-of-the-art recycling plant in Avonmouth to cope with the demand.

    “The difficulty for INEOS is that we need to rely on others in the value chain for our raw materials and that starts with every one of us recycling their plastic in the first place,” said Gabriella Isidro, Business Development Manager. “Everyone in the value chain needs to work together on this. We are just one of the cogs in this wheel.”

    Like any other process, what comes out at the end is dependent on what you put in at the start. “Therefore if you start with a lot of different colours then the end product will be grey,” said Gabriella.

    As industry cannot 100% control, or be sure, how these products have been used, the European Union says they cannot come into contact with food.

    Liz Rittweger, Business Director for INEOS Olefins & Polymers, said there was no point in recycling plastic, if society doesn’t use recycled products.

    “This is not a PR exercise,” she said. “Recycl-IN provides excellent uses for large amounts of recycled plastics.”

    Bright sparks make the grade

    TWO innovative companies, with a shared vision of a circular economy, are now commercially producing high quality plastics, using up to 70% recycled content.

    INEOS Styrolution and Austrian recycling company bage plastic have developed the perfect recipes for very first recycled ABS grades that are just as good as those made with fossil fuels.

    “This partnership combines their recyclates and first-class sorting technology with our manufacturing expertise and innovative capabilities,” said a spokesman for INEOS Styrolution.INEOS Styrolution will be using recycled electrical and electronic waste to make the new grade, which is known as TERLURAN® ECO GP-22.

    “This collaboration will also take us closer to meeting INEOS’ target to incorporate at least at least 325 kilotonnes per annum of recycled material into its products,” said Sven Riechers, Vice President, Business Management, Standard Products EMEA.

    Up to 70% recycled content is now being used to produce high quality plastics

    Bage plastics, which converts post-consumer plastic waste into high-value plastic granules and compounds, said both companies wanted to recover and recycle as many materials as possible.

    “We both want to minimise waste and reduce our impact on the environment,” said general manager Philipp Baum.

    INEOS Styrolution employs about 3,500 people and operates 20 production sites in 10 countries.


    Global Thinking - Global Action

    Innovation is hard at work in INEOS and is reaping all sorts of rewards

    Cleaner Fuels

    The North West Hydrogen Alliance is currently looking to exploit various funds set aside to decarbonise the UK. INEOS business ­INOVYN has been working with the British Government in an attempt to ensure that hydrogen is the path to a low carbon future. INOVYN, which has been making hydrogen as a co-product for over 100 years, is prepared to invest if local and central government and other companies get onboard to help develop the infrastructure.

    Industrial Symbiosis

    Final tweaks are being made to a INEOS-driven plan to share resources with different industries in Hull in the UK. By sharing resources, they will be able to cut carbon emissions by about 4,100 tonnes a year. The four-year EU-funded EPOS project looked at ways for five, energy-intensive industries – chemical, steel, cement, minerals and engineering – to improve efficiency, cut costs and reduce carbon emissions.

    Partnerships

    INEOS is now using 50% or more recycled plastic to produce a range of high specification polymers. To ensure it has a steady stream of plastic waste for its Recycl-IN range, it has signed long-term agreements with recycling companies, including Viridor. Together they hope to show the public that plastic waste is a valuable resource that should be brought back to life, not used once and thrown away.

    Sustainable Chemistry Awards

    INEOS encourages innovation from the next generation of engineers through its Sustainable Innovation Awards. Building on its Research and Innovation contacts and projects with universities INEOS has launched an Awards programme for Master theses in engineering faculties. Many of the students, who win the award, end up working for INEOS.

    Biomass

    INOVYN has started using biomass – in addition to purely gas and oil – to make its latest generation of PVC. No one else has done this yet. It’s a world first, and it also delivers a greenhouse gas saving of more than 90% compared to conventionally-produced PVC. The new product is BIOVYN™ – and interest is now flooding in from all corners of the globe.

    Networking

    INEOS’ group-wide network, CEN (Carbon & Energy Network), operates across all its businesses, supporting on-site best practices, initiating new business opportunities and fuelling innovation.

    Full Steam Ahead

    As part of a project known as ECLUSE, INEOS Phenol in Antwerp helped to finance a 5km pipeline to help others businesses. INEOS could already pipe steam to its own site from INDAVER/SLECO’s waste and energy plant at Doel but other chemical companies couldn’t. Now they can thanks to the pipeline, which links them all to INDAVER/SLECO. The pipeline will also reduce greenhouse gases by 100,000 tonnes a year.

    Investment

    INEOS’ ground-breaking decision to ship competitive US gas to Europe paved the way for further investment in new, more environmentally and economically sound infrastructure at Antwerp.


    Global Thinking - Global Promises

    As part of its own commitment to a new circular economy, INEOS has set itself four ambitious targets to meet by 2025

    325,000 - INEOS wants to incorporate at least 325,000 tonnes of recycled material into its products

    30% - Use, on average, 30% recycled content in products destined for polystyrene packaging in Europe

    50% - Offer a range of polyolefin products for packaging applications in Europe containing 50% or more recycled content

    100% - Ensure 100% of polymer products can be recycled

    To discover more of the innovative and sustainable work INEOS are doing please visit: www.ineos.com/sustainability

    14 minutes read Issue 18
  • ENGLISH-1366x7687.jpg

    The Right Chemistry

    AFTER 20 years of investment and innovation, INEOS has not only become a major manufacturer of chemicals and oil products, but a company committed to the circular economy, tackling plastic waste, applying best practice and ensuring the well-being and potential of future generations.

    Through new technologies, processes and partnerships, INEOS has grown exponentially, acquiring unloved businesses, building world-scale facilities and rejuvenating existing assets.

    It has made bold moves beyond its conventional markets in recent years, breaking into the automotive sector, leading major sports teams and encouraging young talent to fulfil their potential.

    INEOS' conviction, commitment and strong team ethic has proven a winning formula and remains the cornerstone of its strategy moving forward.

    ENGLISH-1366x7687.jpg

    4 minutes read Issue 18
  • ENGLISH-1366x7688.jpg

    Six rivers project

    Iceland. Wild. Beautiful. Untouched. And home to one of the last safe havens of the Atlantic salmon.

    But in recent years their numbers have been rapidly declining across the world – and it is now on the verge of becoming endangered.

    Rather than give up hope, a small group of people in Iceland, where the species still thrives, have been investing their time and money in trying to reverse the decline, before it is too late.

    INEOS’ Chairman and Founder Sir Jim Ratcliffe, a keen fly fisherman, is among them.


    RESEARCHERS from Iceland and the UK are now pooling their expertise as part of a wider plan to help save the Atlantic salmon. The teams from Imperial College London and The Marine & Freshwater Research Institute in Iceland have been brought together by INEOS Chairman Sir Jim Ratcliffe.

    Over the next four years, they will devote their time and energy to find out what threatens the salmon’s survival once they leave the safe haven of the Selá, Hofsa, Miðfjarðará and Sunnudalsá rivers in Iceland and migrate to the sea.

    “The cause of their decline globally is not entirely known,” said Professor Guy Woodward, the lead academic working on the project.

    INEOS-sponsored PhD student Olivia Morris, who will be analysing the new and old data alongside a PhD student from Iceland, said there were a number of possible reasons, including climate change, pollution, and the destruction of their habitats.

    But she said, in Iceland, increased fish farming and pelagic fishing were more likely to blame.

    “Iceland still has relatively healthy populations because many of the challenges salmon face elsewhere are not a major concern there,” said Guy. “But that means the likely causes in Iceland should be easier to identify and to model so we can predict future changes before they happen.”

    Strengur Angling Club, which recently began leasing the fishing rights to the Miðfjarðará and the Sunnudalsá rivers, has been protecting the Selá and Hofsa for decades.

    In 2004 the club reduced the equipment that fishermen could use and in 2012 introduced catch and release. Most recently they have banned the use of large hooks on the Selá river.

    Over the years salmon ladders have also been built to allow the salmon to reach new spawning grounds further up the river.

    The most recent - the Miðfjarðará ladder - opened in 2017 thanks to investment from Sir Jim.

    “Without him we would not have been able to do this,” said club director Gísli Ásgeirsson, who said there were plans to open two more salmon ladders.

    But more needs to be done.

    The latest research by Imperial College and the institute in Iceland will build on Strengur’s work and inform ongoing conservation efforts.

    So far, as part of the project, botanists have been planting larches, birch and willow to enrich the soil around the rivers.

    “This project is very new and hasn’t been tried before in Iceland,” said botanist Else Muller. “But when you get heathier vegetation around the rivers, then you get a healthier environment for the organisms that live in the rivers. It is all connected.”

    Up to one million eggs from native fish will also be planted further upstream in five rivers. The first batch were dug into the gravel in temperatures of minus 10°C.

    “By planting eggs in the river, hopefully in the next five or 10 years, we will have a healthier and stronger stock,” said Jon Magnus Siguroarson, chairman of the Hofsa River Association.

    The team has also tagged 1,000 smolts (maturing salmon) to discover where they go.

    Together the scientific and academic teams will be trying to understand what is causing the salmon’s decline and what they need to do to reverse it.

    Guðni Guðbergsson, head of the freshwater division at the Marine & Freshwater Institute, said the INEOS-funded research project would greatly help the plight of salmon in North East Iceland.

    “We have been monitoring the rivers in North East Iceland for the past 40 years and that will continue alongside this project, which will give us the opportunity to further analyse existing and new data,” he said.

    One miraculous fish

    What all those involved in the project share is a huge admiration for the Atlantic salmon – and the struggles it has to overcome.

    These incredible fish migrate thousands of miles in their lifetime but return to the same freshwater river, where they were born, to spawn.

    “Sometimes they may have spent two years maturing at sea but they use their sense of smell to find their way home,” said Professor Guy Woodward from Imperial College London.

    They can not only swim fast but they can jump up to 12ft.

    Jim gets involved

    In collaboration with the Strengur Fishing Club, which provides the best quality fly-fishing in the world, INEOS Chairman Sir Jim Ratcliffe has initiated a string of investments to help protect the land, rivers, and salmon in North East Iceland.

    Egg planting

    Eggs have been planted into the gravel in rivers further upstream to help breed a healthier and stronger stock. The salmon will spend their early life in the freshwater rivers before heading out to sea. After a few years, they will return to the place, where they were born, to spawn.

    Planting

    Botanists have been planting larches, birch and willow to enrich the soil around the rivers. Healthier vegetation around the rivers leads to a healthier environment for the organisms that live in the rivers.

    Smolts

    1,000 smolts (maturing salmon) have been tagged so that scientists can track them and monitor their behaviour.

    Salmon ladders

    So far three salmon ladders have been built to allow the salmon to reach new spawning grounds further up the rivers. There are plans for two more.


    The long-term goal for salmon fishing in Iceland

    ICELANDIC rivers are world renown for their salmon fishing - and attract enthusiasts from all over the world every year.

    Former US President George W Bush, who died about a year ago, was among those who fished the Selá river.

    “It is impossible to describe the wonders of fishing the Selá,” he said. “It is an astoundingly beautiful river. The fish, fresh from the sea, are strong fighters and remarkably beautiful.”

    But if Iceland’s salmon disappear in the same numbers as those in Norway, Scotland and Ireland, money for farmers living in remote parts of North East Iceland, where the fish currently thrive, could dry up.

    For sports fishing, done respectfully – where all fish must be released carefully back into the river – brings them a good income.

    INEOS Chairman Sir Jim Ratcliffe, who is an expert fly-fisherman, has been working with Strengur Angling Club, which provides the best quality fly-fishing in the world, for years.

    Together they hope to see more money flowing into the club’s coffers from world-class salmon fishing, so that Strengur can expand its own business – and fund more conservation work.

    8 minutes read Issue 18
  • ENGLISH-1366x7689.jpg

    OGC’s new keeper

    ONE of the oldest football clubs in French history is now in INEOS’ hands. INEOS Football has acquired OGC Nice, one of the founding members of the French football league.

    “It has got all the attributes we were looking for in a good football club,” said CEO Bob Ratcliffe. “Good players. A good squad. Real enthusiasm. And if we apply the INEOS values we will get to the right place.”

    With four league titles to their name, the club also has a rich history. But their last cup triumph was in 1997.

    INEOS will be looking to instil some of their trademark grit and determination to make them European contenders once again.

    “We have looked at a lot of clubs in the manner we look at businesses in INEOS - for value and potential - and Nice fulfils that criteria,” said INEOS Chairman Sir Jim Ratcliffe.

    Solange Claude, President of CDS 1947, Nice Supporters Club, said the city strongly identified with its football club and had high hopes following INEOS’ takeover.

    “We are hopeful for this season,” she said. “Even though we didn’t start very well, we know with INEOS coming, we will overcome any obstacles and win, little by little.”

    Jean-Pierre Rivere, President of OGC Nice, said everyone was feeling positive.

    “What is happening right now at the stadium is something unbelievable,” said assistant coach Frederic Gioria. “I never thought that one day INEOS would own our club.”

    Success is something familiar to Patrick Viera, who has been head coach since last season.

    He has played for Juventus, Inter Milan, Manchester City, Arsenal.

    “INEOS coming to our football club is a massive step forward, not just for us but for the French league as well,” he said. “The INEOS brand is so well known. It will make us more ambitious. We have people who are experienced and have been successful in business.”

    OGC, which was founded in 1904, currently plays in Ligue 1, the top tier of French football. Its stadium, the state-of-the-art Allianz Riviera, can accommodate 35,000 fans. Earlier this year it hosted matches during the FIFA Women’s World Cup.

    The decision to buy OGC Nice follows the acquisition of Lausanne Sports Football Club in November 2017.

    “We made some mistakes at Lausanne, but we are fast learners,” said Jim. “Those mistakes have been rectified and we are already seeing the benefits.”

    He said clubs needed to be successful off the pitch, as well as on it. “OGC Nice will be no different,” he said. “We have a plan in place and we will follow it.”

    Patrick Vieira

    Head Coach at OGC Nice and considered one of the best players of his generation. He has achieved major honours for both club and country.

    Arsenal:

    • 3 x Premier League.
    • 3 x FA Cup.
    • 3x FA Community Shield.

    Inter Milan:

    • 4 x Siere A.
    • 2 x Supercoppa Italiana.

    Manchester City:

    • 1 x FA Cup.

    France:

    • 1 x FIFA World Cup.
    • 1 x UEFA European Championship
    • 1 x FIFA Confederations Cup.

     

    OGC Nice  Remaing fixtures: 2019-2020

    LYON

    V

    NICE

    Nov, Sat 23

    NICE

    V

    ANGERS

    Nov, Sat 30

    ST ETIENNE

    V

    NICE

    Dec, Wed 4

    NICE

    V

    METZ

    Dec, Sat 7

    BREST

    V

    NICE

    Dec, Sat 14

    NICE

    V

    TOULOUSE

    Dec, Sat 21

    ANGERS

    V

    NICE

    Jan, Sat 11

    NICE

    V

    RENNES

    Jan, Sat 25

    NICE

    V

    LYON

    Feb, Sat 1

    REIMS

    V

    NICE

    Feb, Wed 5

    NICE

    V

    NÎMES

    Feb, Sat 8

    TOULOUSE

    V

    NICE

    Feb, Sat 15

    NICE

    V

    BREST

    Feb, Sat 22

    BORDEAUX

    V

    NICE

    Feb, Sat 29

    NICE

    V

    MONACO

    Mar, Sat 7

    PSG

    V

    NICE

    Mar, Sat 14

    NICE

    V

    MONTPELLIER

    Mar, Sat 21

    DIJON

    V

    NICE

    Apr, Sat 5

    NICE

    V

    STRASBOURG

    Apr, Sat 11

    LILLE

    V

    NICE

    Apr, Sat 18

    MARSEILLE

    V

    NICE

    Apr, Sun 26

    NICE

    V

    NANTES

    May, Sat 2

    METZ

    V

    NICE

    May, Sat 9

    NICE

    V

    ST ETIENNE

    May, Sat 16

    AMIENS

    V

    NICE

    May, Sat 23

     

    FC Lausanne-Sport Remaing fixtures: 2019-2020

    LAUSANNE SPORT

    V

    WIL

    Nov, FRI 22

    KRIENS

    V

    LAUSANNE SPORT

    Nov, Sat 30

    LAUSANNE SPORT

    V

    VADUZ

    Dec, SUN 8

    GRASSHOPPER

    V

    LAUSANNE SPORT

    Dec, FRI 13

    FC SCHAFFHAUSEN

    V

    LAUSANNE SPORT

    JAN, THUR 23

    LAUSANNE SPORT

    V

    KRIENS

    FEB, Sat 1

    CHIASSO

    V

    LAUSANNE SPORT

    FEB, Sat 8

    LAUSANNE SPORT

    V

    AARAU

    FEB, Sat 15

    WINTERTHUR

    V

    LAUSANNE SPORT

    Feb, Sat 22

    WIL

    V

    LAUSANNE SPORT

    Feb, SAT 29

    LAUSANNE SPORT

    V

    BASEL

    MAR, MON 2

    LAUSANNE SPORT

    V

    VADUZ

    MAR, SAT 7

    GRASSHOPPER

    V

    LAUSANNE SPORT

    MAR, Sat 14

    LAUSANNE SPORT

    V

    FC SLO

    MAR, Sat 21

    AARAU

    V

    LAUSANNE SPORT

    APR, Sat 4

    LAUSANNE SPORT

    V

    CHIASSO

    Mar, SUN 12

    LAUSANNE SPORT

    V

    FC SCHAFFHAUSEN

    Mar, Sat 18

    KRIENS

    V

    LAUSANNE SPORT

    Apr, Sat 25

    LAUSANNE SPORT

    V

    GRASSHOPPER

    MAY, Sat 2

    VADUZ

    V

    LAUSANNE SPORT

    MAY, Sat 9

    LAUSANNE SPORT

    V

    WINTERTHUR

    MAY, TUE 12

    FC SLO

    V

    LAUSANNE SPORT

    May, FRI 15

    LAUSANNE SPORT

    V

    WIL

    May, TUE 19

     

    5 minutes read Issue 18
  • Hans-Crescent-air-inch.jpg

    Air Quality Monitoring- INEOS Offices

    A growing body of scientific evidence points to the negative human health impacts of air pollution, both outdoors and indoors. As engineers and manufacturers, we are aware of the importance of mitigating emissions from our sites; however recent studies have shown the necessity and efficiency of ensuring healthy air quality for employees in our office environments too.

    There are two forms of pollutant. Gaseous such as Volatile Organic Compounds, carbon monoxide, sulphur oxides, ozone, methane, carbon monoxide/dioxide and nitrogen oxides (including NO2). The second is from particulates- fine particles suspended in the air that are for example emitted from cars.

    With research ongoing, legal authorities and international bodies such as the EU 2008 EU Air Quality Directive and the World Health Organisation (WHO) have set guidelines and recommendations for healthy limits of these pollutants in the air we breathe. These are still being refined as the body of research into harmful impacts of air pollution grows.

    POLLUTED AIR IS BAD FOR HUMAN HEALTH

    INEOS-filters-infog-inch.jpg

    MANAGING INDOOR AIR

    In 2018, when INEOS Chairman Sir Jim Ratcliffe first raised the issue of monitoring office air in London as a trial, INEOS Group Operations Director Simon Laker approached the solution from an engineering background. They were aware that working in a congested and polluted capital city such as London was bound to mean higher levels of pollutants would make their way into Hans Crescent air system and potentially impact the hundreds of employees that work there. Jim wanted a state of the art solution to the air quality issue, this meant using the best and leading edge technology available.

    Simon engaged the National Physics Laboratory to conduct the air quality analysis and Dr. Melanie Williams as project consultant. To ensure the data gathered was thorough and accurate, monitors were set up on the pedestrian area outside the Hans Crescent office, on the roof 24m above ground where the office air intake is drawn, and inside the office on the third floor. Data was also collected from the various monitors around the city of London required by EU regulations.

    A number of pollutants were monitored: nitrous oxides, sulphur dioxide, ozone, carbon dioxide, volatile organic compounds and particulates in the two regulated sizes 2.5 micrometers (PM2.5) and 10 micrometers (PM10). In addition, analysis was deduced on even smaller particles at 1 micrometer (PM1). While the smallest particulates aren’t formally regulated by the EU, this was done, as growing research shows that the smaller the particulates, the greater their potential damage to human health [5].

    It is known that pollutant levels across London are higher on many days than the EU recommended limits [6], and the INEOS monitoring confirmed this- with peak readings on some days reaching several multiples of the recommended maximum pollutant volume. The study also showed, as suspected, that levels of some pollutants were unfavourably high in the Hans Crescent internal office air system, regularly fluctuating in line with outside levels.

    After several months of careful monitoring and analysis, it was determined that the prominent pollutants to be addressed inside the office were nitrogen dioxide (NO2), and particulates, usually generated by vehicles. Simon Laker points out that although the EU limits set a helpful baseline, the growing body of research is continually reviewing these limits downwards as more data becomes available. “We should see these as helpful markers but not definitive levels of 'safe' operation,” he says.

    While the long term emission limit of NO2 is recommended by the EU to be no more than 40 micrograms (μg)per m3, with the short term limits being no more than 200μg/m3 in a single hour, in Knightsbridge outside the Hans Crescent office both these limits were regularly breached. The inside of Hans Crescent did not see these breaches but levels were still thought to be too high. Interestingly, levels improved during the night and at weekends when the air conditioning is turned off to save power: further proof of the poor air quality being pulled inside the building.

    The table below summarises the key findings of the analysis:

    INEOS-table-1-inch.png

    Engineering and technology specialist AECOM, known for their world class expertise in environmental technology and design solutions, were engaged to help develop the solution for the Hans Crescent air quality issue. Working with Simon and Melanie, AECOM determined that filters of two different technologies were required- an EPM1 particle filter which removes PM10 (with 98% efficiency), PM2.5 (92% efficiency) and PM1 (80% efficiency) particles from internal circulation, and an activated carbon filter. These were added to the existing air conditioning system.

    Post installation analysis showed a significant improvement in both NO2 and Particulate levels (see table above). In addition, the carbon filters reduced other lower level pollutants such as sulphur oxides and ozone.

    The internal monitoring work also showed that levels of CO2 (emitted by people breathing) were higher than expected in an office environment, with regular internal levels sitting at 1000-1200 parts per million (ppm) and peaks of 1400ppm. With ideal office levels sitting at 450-1000ppm, and 1000ppm commonly seen as the watershed between quality air and complaints of drowsiness, the air turnover rate was optimized to bring levels back below 1000ppm. The positive effects of this adjustment on employee concentration and decision-making are likely to be significant, according to a recent study by the Harvard T.H. Chan School of Public Health’s Center for Health and the Global Environment [7].

    With success of the air quality improvement project in Hans Crescent evident, the same changes have now been rolled out to the London sister office at Anchor House and the Swiss office in Rolle with similar positive results. A request has been made by INEOS Capital for all INEOS businesses to analyse and improve the air quality across their offices. “This work is at the cutting edge of office air quality improvement”, says Dr. Melanie Williams, and should make a significant impact on staff health and wellbeing.”

    Simon considers the success of this project as a ‘bridge to clean air’. ‘’Whilst we all work to improve emissions and air quality around the world, the system we have developed and installed is ensuring that our people work in a safe and healthy environment’’.

    As Jim points out, monitoring is not expensive, and where pollutant levels are high, the issues can be easily addressed with modest cost.  “The welfare of our staff is hugely important to INEOS and we want to tackle the issue of air pollution, which is particularly serious in big cities”, he says. “It’s great news that our London staff can now breathe the cleanest air in the area and we are committed to making sure staff in other locations can enjoy the same benefit”.

    LINK REFERENCES

    1. http://www.euro.who.int/en/health-topics/environment-and-health/air-quality/data-and-statistics
    2. https://www.bmj.com/content/367/bmj.l6258
    3. https://ehp.niehs.nih.gov/doi/10.1289/isesisee.2018.O02.04.31
    4. https://www.ncbi.nlm.nih.gov/pubmed/29519450
    5. https://www.thelancet.com/pdfs/journals/lanplh/PIIS2542-5196(17)30095-5.pdf
    6. https://www.london.gov.uk/press-releases/mayoral/two-million-londoners-live-with-illegal-toxic-air
    7. https://ehp.niehs.nih.gov/doi/10.1289/ehp.1510037

    5 minutes read Issue 18
  • ENGLISH-1366x76810.jpg

    Tour de France challenge

    More than 1,300 INEOS staff from its sites around the world cycled 625,387km – and raised €104,000 for a host of charities.

    Their combined efforts in the company’s Tour de France Challenge equated to cycling around the world more than 15 times.

    In recognition of their efforts, INEOS donated €2,000 to the local charity chosen by each of the 52 teams.

    Each team was challenged to complete each stage of the world famous Tour de France race – and once again they did, squeezing in their mileage before, during or after work.

    1. 625,387 km Covered
    2. 15 x around the globe
    3. 1300+ people in 52 teams
    4. €2000 donated per team

    2 minutes read Issue 18
  • ENGLISH-1366x76811.jpg

    Stay Safe

    EVERY year hundreds of people are lured into the ‘death zone’ on Mount Everest. A handful will be prepared to die. Others will willingly lose fingers and toes to frostbite if it means they have conquered the world’s highest mountain.

    “That may be their measure of success,” said Rhys Jones, who stood on the 29,035ft summit of Mount Everest on his 20th birthday. “But it’s not mine.”

    Rhys today runs a company that specialises in guiding people to some of the most inhospitable places on earth. He is prepared to take risks. But only calculated ones.

    And as someone who has faced unimaginable dangers, he regularly briefs companies on the importance of safety, risks and teamwork.

    “There are many parallels between what happens in a company, like INEOS, and on a mountain,” he said. “But they work in a hazardous place all the time. I am only at risk in the mountains.”

    Rhys, now 33, was recently invited to address INEOS O&P USA’ annual safety training event at the Chocolate Bayou site in Texas.

    “When we are planning the event, we encourage everyone to think creatively about our safety messages,” said Michael Brocato, environmental engineer. “By adopting a fresh approach, we hope to inspire and motivate our employees to be safe. It doesn’t matter whether you work on an INEOS site or are standing on the summit of Everest, safety is safety.”

    During his talk to the US team, Rhys explored attitudes to risk and how safety must always be the top priority.

     “A successful mountaineering expedition, in my view, is always one where no one is injured,” he said. But he said, for that to work, everyone on the team had to share that vision. “As a team, you need to define your measure of success,” he said. “And mine, like INEOS’, is zero injuries.”

    INEOS staff were told how he had recently guided an Everest expedition.

    “Our aim was to get as high as we could without getting frostbite or injured,” he said. “We were prepared to turn back if necessary and half of the team did.”

    A second expedition team, who were also planning to climb Everest that day, though, had a different view. Among them was a surgeon, who said he was willing to lose fingers and toes to frostbite. That group all made it to the summit but two thirds of them got frostbite and one climber lost all his toes.

    “Everest can make intelligent people take stupid risks,” said Rhys.

    On another expedition – to Aconcagua, the highest mountain in South America – a fellow climber’s eyeballs started to freeze because he forgot to wear his goggles once the sun started rising. “It was a preventable injury but it became a big issue for him and the whole team,” said Rhys. “Yet a bystander could have helped him and told him he needed to put his goggles on.”Teamwork, he said, was critical.

    At INEOS, watching out for others in the team is essential. It is known as Brother’s Keeper. Rhys, who lives in a world of ropes, crampons and ice axes, said there was also no room for complacency.

    “When you first start climbing you check your harness, then check and check again,” he said. “But after you have done it 1,000 times, it’s easy to become complacent. The secret is to treat every day like your first day when it comes to safety.”

    Michael said the team at INEOS O&P USA had felt inspired and empowered by Rhys’ talk.

    “We often use the message that our definition of a successful project is one where there are no injuries first, then business objectives second,” he said. “Rhys was able to echo that sentiment.”

     He said several members of staff were also inspired to learn that it was INEOS Chairman Sir Jim Ratcliffe who had sponsored Rhys in 2006 to help him become the youngest person in the world to climb the seven highest summits on the world’s seven continents.


    Rhys Jones

    An English mountaineer who was the youngest person to climb the the highest mountain on each of the world's seven continents. He reached the summit of his final mountain, Mount Everest, on his 20th birthday in 2006. He and his business partner now run Monix Adventures, which specialises in luxury adventure travel.

    monixadventures.com

    5 minutes read Issue 18
  • ENGLISH-1366x76812.jpg

    Trash-4-Treats

    INEOS challenged pupils from 10 primary schools in the Western Cape to collect the most plastic, glass, cans and paper for a chance to win about €3,000.

    “The idea was to turn what is perceived as a chore into a fun habit,” said Caroline Hughes, INEOS SA spokeswoman. “And also to show the children that waste has value.”

    The schools, which were initially chosen to take part in the Trash 4 Treats competition, were first briefed by a local recycling company, Waste Want, which would help to weigh and collect the rubbish.

    Prior to the competition, INEOS hosted a litter clean-up day at each school. Starter kits were issued to each child so he or she knew what could – and couldn’t – be recycled. Each pupil was also given four different coloured bin bags so they could sort the rubbish.

    After the competition ended, the 13,094 children had collected 5328kg of waste in just seven weeks. The total included 1110 kg of plastic.

    But for Caroline and the team at INEOS, the biggest benefit has been a change in mindset.

    “Many of them simply didn’t know why rubbish was a problem,” said Caroline. “But the hope is that the children – having seen the financial and environmental benefits – will continue to keep their neighbourhoods tidy.”

    The winning school was Mitchells Heights Primary, which amassed 1519kg of recyclable waste. “I have noticed a big difference in our learners since we started Trash 4 Treats,” said a teacher.

    “They now take pride in their school grounds and berate others who litter. It has been wonderful to witness children take an active interest in caring for their environment. We have started a clean revolution at Mitchells.”

    All the schools, though, plan to continue their involvement with the recycling centre, which pays for the rubbish.

    Caroline said the recycled plastic was especially in demand locally. “Many of the teachers and children were amazed to discover what happens to plastic bottles that are recycled,” she said.

    Next year, INEOS plans to take Trash 4 Treats and its popular mascot Trashy to more schools in South Africa.

    Trashy

    With a new mascot to inspire the children, things are looking up.

    1519kg

    The winning school was Mitchells Heights Primary, which amassed 1519kg of recyclable waste.

    3.75 Black Rhinos

    After the competition ended, the 13,094 children had collected 5328kg of waste in just seven weeks. The total included 1110 kg of plastic. That’s the same weight as 3.75 black rhinos!

    For more details log on to: trashfortreats.webtestsite.co.za

    0 minutes read Issue 18
  • tdm-ENGLISH-1366x768.jpg

    Two million children

    AN INITIATIVE to get children fit for life has taken a giant leap since its launch in 2012. The Daily Mile has now spread to 10,000 schools in 71 countries – and it is still growing.

    “Children really love it and that’s why it works,” said Daily Mile founder Elaine Wyllie, whose passion for children’s health and wellbeing has helped to drive the global campaign.

    The 10,000th school joined the movement in October, bringing the total number of children, now running or walking every day for 15 minutes, to more than two million.

    Next year’s focus for The Daily Mile Foundation, which is financed by INEOS, will be to increase the number of schools participating in America.

    “At the moment, we’ve got at least one school signed up in half the states, with over 100 schools signed up across the country,” said John Mayock, Director of The Daily Mile project.

    Bill Russell, a member of the foundation team, is based in INEOS O&P’s Houston office, and is leading the US campaign. His aim is to find partners, willing to help implement the scheme across the country.

    “One such partner already involved is the University of Washington’s Sports Institute in Seattle,” said John.

    The Daily Mile Foundation is also working with its super-human ambassador Eliud Kipchoge. who made history on the streets of Vienna by running a marathon in under two hours.

    The foundation hopes he will spread the word to Kenya where he lives and trains.

    “It would also be wonderful if his international pacemakers, many of whom are also ambassadors for The Daily Mile, took it to their home countries,” said John.

    And with all eyes expected to be focused on The America’s Cup in New Zealand in 2021 – when Britain hopes to win the trophy for the first time in the competition’s history with INEOS’ financial muscle – the foundation will be exploring ways to sign up schools in Australia and New Zealand ahead of the race.

    “It is going to quite a year,” said John. “We are aiming for world domination.”

    3 minutes read Issue 18
  • grff-ENGLISH-1366x7682.jpg

    330,629 children. 11 countries

    FOUR new countries will host GO Run For Fun events in 2020. Spain, Denmark, Sweden and Brazil will all be championing the INEOS campaign which was launched by chairman Sir Jim Ratcliffe to encourage children to be more healthy and active.

    Since 2013, more than 330,629 children from 11 countries have taken part in 439 showcase events.

    “We celebrate every child who takes part, whether they are first, last or somewhere in between,” said Amy Tayler, manager of the INEOS GO Run For Fun project.

    She said all the events were only made possible, though, thanks to an army of volunteers who helped to stage them.

    Sir Jim, who is deeply passionate about running, said it had never been more important to inspire children to exercise more and eat healthier food.

    The World Health Organization said the latest figures showed 41 million children, aged 0 to 5, were classed as overweight or obese in 2016.

    “That has increased from 32 million globally in 1990,” said a spokesman.

    At least six new GO Run For Fun events will be staged next year in new locations close to INEOS sites.

    3 minutes read Issue 18
  • inovyn-ENGLISH-1366x7683.jpg

    Breaking the mold

    INEOS celebrates innovation – wherever it springs from. Every three years INEOS-owned INOVYN seeks to reward those who strive the push the boundaries with vinyl, with businesses, architects, academics, research organisations and students from all over the world bidding for a slice of that recognition.

    This year a record 93 projects from more than 19 countries were submitted for the INOVYN Awards 2019, which were held in Düsseldorf to coincide with ‘K2019’, the flagship international plastics fair, thereby bringing together a range of industry leaders.

    The four, independent judges were looking for excellence in four areas – sustainability, design, process and new product. And they were not disappointed.

    “The projects that won this year stood out as real exemplars of innovation with vinyl,” said Leanne Taylor, INOVYN Awards judge.

    AGPU, Bilcare Research and Perlen Packaging won gold in the sustainability section for their project to recycle pharmaceutical packaging.

    Coperion emerged as a winner for finding a process to significantly reduce dust during the cutting of PVC pellets.

    The Instituto Brasiliero do PVC won gold for designing lightweight furniture, such as shower chairs, walkers and tables, for children with neuromotor conditions.And Eurocell earned a gold award for creating a highly-durable, cladding system for coastal properties, which can often bear the brunt of bad weather. The product is 100% recyclable and needs little maintenance.

    “All these products will help to deliver significant benefits,” said Leanne.

    Filipe Constant, Business Director INOVYN, said innovation was the lifeblood of the vinyl industry.

     “I would like to congratulate all those who entered for continuing to push the boundaries of what is possible with vinyl,” he said. “It is such innovation that makes vinyl one of the most versatile products in modern society.”

    More information can be found on the dedicated INOVYN Awards website at

    www.inovynawards.com

    4 minutes read Issue 18
  • eliud-ENGLISH-1366x7685.jpg

    My dream is to make this world a running world

    SELF-BELIEF drives Eliud Kipchoge. He says that’s where his inner strength comes from. "If you have that belief that you want to be successful, then you can talk to your mind and your mind will control you to be successful,” he says.

    Eliud was just 16 when he began his journey to becoming the greatest marathon runner of all time. His coach Patrick Sang remembers him as a young boy who was hungry to learn.

    “I didn’t know his name,” he said. “But he kept coming up to me and asking for training programmes.” Eliud is now a household name.

    But fame and fortune have never been the motivation. He simply wants to use his status to encourage others to run.

    "My dream is to make this world a running world,” he said. “A running world is a healthy world. A running world is a wealthy world. A running world is a peaceful world. A running world is a joyful world.”

    In achieving the seemingly impossible by running a marathon in under two hours, he wants to show the world that no human is limited. And that with self-belief, anything is possible.

    Before the INEOS 1:59 Challenge, Eliud said he hoped it would inspire at least three billion people. That’s half the world. Those closest to him may have secretly thought he was being a tad ambitious. But when the final viewing figures of his historic run in Vienna were revealed, he was on his way to achieving his goal.

    Not only that but the challenge had also inspired one Kenyan woman to name her newborn baby girl, INEOS.

    3 minutes read Issue 18
  • challenge-ENGLISH-1366x7686.jpg

    1:59 Employee Challenge

    In the lead up to the INEOS 1:59 Challenge in Vienna INEOS employees took part in their own 1:59 challenge. Teams of eight would run a combined distance of at least 42 Kms (26.2 miles) a day for eight days. Here is how they performed. 

    2419 Marathons covered

    2.5x around the globe

    1405 people in 192 teams

    8 days

    142/192 teams completed the INEOS 1:59 Challenge

    Teams that:

    • covered 150km+ 92%
    • covered 250km+ 89%
    • covered 350km+ 86%
    • covered 500km+ 63%

    Top 10 Teams (by distance covered):

    1. Lavera Double M – 1233km
    2. ALTAMIRA 1 – 1128km
    3. Lavera Reliability Team 917km
    4. ALTAMIRA 5 – 913km
    5. Trading & Shipping 1 – 868km
    6. INEOS Compounds 2 – 863km
    7. GAS/SPEC – 860km
    8. Rolle One – 846km
    9. ALTAMIRA 8 – 811km
    10. Köln u5 - 794km

    Winner of the Eliud Kipchoge 1:59 Challenge Inspiring Award Cindy Gutierrez - Altamira 1, Mexico

    Members of the 2:50 Club

    1. Pieter Verhees (2:40) Antwerp
    2. Weston Caceres (2:45) Chocolate Bayou
    3. Matt Robinson (2:45) ITUK, Portsmouth
    4. Florian Zunino (2:48) Lavera
    5. Fabio Robbiati (2:50) Rolle

    Elevation mini-challenge winner Sebastien Fontaine - Lavera 1.672km

    CHALLENGE STATS

    • Runs 6296
    • Men 953
    • Avg. distance 531km
    • Steps 89,196,319
    • Women 452
    • Elevation gain 374,156m
    • Energy 7,252,151,578 KCAL BURNED

    3 minutes read Issue 18
  • eliud-victory-min.jpg

    Eliud Kipchoge achieves his moon-landing moment

    With metronomic precision Eliud Kipchoge raced into history today on the Hauptallee in Vienna by becoming the first man to achieve the barrier-breaking sub-two-hour marathon as part of the INEOS 1:59 Challenge.

    The greatest marathon runner of all time Eliud achieved a jaw-dropping time of 1:59:40.2 to secure his moon-landing moment.

    He was supported by a world-class team including an electric pace car complete with futuristic lasers and a fabulous team of world-class pacemakers, featuring some of the best athletes in the world.

    Dissecting the last great barrier in athletics with remarkable consistency – he completed 24km of the 42.2km distance in precisely the pre-designated pace of 2:50 – his slowest kilometre was 2:52 and his fastest 2:48.

    It was a performance which perfectly encapsulated Eliud the man - calm, consistent, patient and totally unflappable. 

    “This was the best moment of my life,” Eliud explained after the race.

    “From the first kilometre today I was really comfortable. In my heart and my mind I hoped to run under two hours and make history. I hoped to leave a positive message to the whole world that no human is limited.”

    He admitted to facing the pressure. Calls from the Kenyan President plus tens of thousands of encouraging messages around the world inevitably intensified expectation levels.

    Yet following 18 years of hard, consistent training under the tutelage of his coach and mentor, Patrick Sang, the wise management of Valentijn Trouw and the additional support of INEOS he was able to achieve a moment in human history to match that of Sir Roger Bannister’s first sub-four-minute mile in 1954 and Neil Armstrong first moon-landing in 1969.

    “I was really calm, I just wanted to maintain the pace,” added Eliud whose wife, Grace and three children; Lynne, Griffin and Gordon were watching him compete for the first time.

    “I followed the instructions of the pacemakers. At 35km and 40km my mind was focused on running. I did not think it was 50-50.”

    Passing the halfway mark ten seconds under the required pace, ensured that there was no bleeding of time in the second half of the race like Eliud had experienced in Monza when taking part in the Breaking2 project when he fell a tantalising 26 seconds shy of his goal.

    Since that first sub-two-hour marathon attempt in May 2017 the 34-year-old has further cemented his status as the greatest marathoner in history.

    Last year he obliterated the world marathon record with a stunning 2:01:39 clocking in Berlin and earlier this year he secured a record-breaking fourth London Marathon title.

    Only a sub-two-hour marathon was missing from his incomparable CV.

    His consistency throughout a lengthy career has been mind-boggling. On the track he won two Olympic 5000m crowns and a world title.

    He has never remotely experienced a blip in his marathon career – today was thankfully no off-day as acknowledged by a delighted Sir Jim Ratcliffe, the INEOS Founder and Chairman.

    ELIUD-JIM.jpg
    ELIUD KIPCHOGE AND SIR JIM RATCLIFFE

    “I’m an amateur runner and sometimes I run well and sometimes not, and I don’t really know why,” Ratcliffe said.“But this is sport and there and no guarantees. I’m just glad he had a really good day.

    “That last half a kilometre when the pace car was gone it was just Eliud, it didn’t look like his feet were touching the ground – he looked so calm and tranquil. My face would have been torture.”

    Modest and showing typical humility, Eliud praised the key role the 41 pacemakers played in his success. He said they too had “bought into his dream” and the pacemakers too were humbled to have played their part in history.

    Two-time Olympian Lopez Lomong said: “It means the world to me. Eliud said we needed to be able to come to the moon and back and we did today. This was a momentous day. The whole world will be watching with many people putting their shoes on thinking about breaking two hours. 

    “Today is Eliud’s day but everyone can come out to celebrate this moment. We are all part of history. We all did this together as a running community.” 

    Bernard Lagat, the former world 1500m and 5000m champion and two-time Olympic1500m medallist, who grew up in the neighbouring village to Eliud, was similarly humbled.

    “Eliud told the world that if you set your mind to something nothing is impossible. This is a special day today. Looking at the 1:59:40 time I got so emotional. He worked so hard for it and inspired us. It is something special. Eliud proved no human was limited and he did it.”

    Team INEOS Team Principal Sir Dave Brailsford was also hugely praiseworthy of Eliud’s accomplishments in the Prater in Vienna.

    "Eliud is a once in a generation athlete and if anybody deserves to break the two-hour barrier it is him,” he adds. “It was an incredible performance and a privilege to be here.

    "This project kicked off earlier this year, we took a good look at it and broke it down. A lot of high performance principles can apply to all sports and we helped with a little background support to aid Eliud’s brilliant team around him of Valentijn [Trouw, Eliud’s manager] and Patrick [Sang, Eliud’s coach].

    “The great thing about INEOS' role is we brought people together including from the INEOS sailing and cycling teams. INEOS put it all together for this single project and from an INEOS sport perspective it has been fantastic."

    Yet the final word should go to Eliud, who celebrated wildly in the latter stages and after he crossed the line.

    “Sport can help unify people, I wanted to sell that message to the whole world. Truly no human is limited.” 

    By Steve Landells

    0 minutes read Issue 17
  • HISTORY.jpg

    History Is Made

    Kenyan legend runs 1:59:40:2 in INEOS 1:59 Challenge

    34-year-old proves No Human is Limited

    Eliud Kipchoge proved No Human Is Limited when he became the first human in history to run a sub-two-hour marathon in the city of Vienna, Austria this morning. Kipchoge ran the 42.195KM distance in a remarkable time of 1:59:40:2.

    The 34-year-old Kenyan’s landmark achievement began at 8:15AM CEST on the Reichsbrucke Bridge in Vienna in perfect weather conditions of around 9 degrees celcius and wind speeds between 0.5 - 1.5 m/s.

    The circuit featured four [4.4] laps of the Hauptallee, the historic tree-lined avenue in The Prater, picked as the location of the INEOS 1:59 Challenge because of its long, flat straight sections and its protection from the wind.

    Vienna came out to witness history being made with thousands of spectators lining the course to support Kipchoge and his team of 41 pacemakers, featuring some of the best middle and long-distance runners on the planet.

    Kipchoge ran a consistent pace set by the electric timing car and the pacemakers of 2:50min/KM throughout the race with every single KM split being between 2:48min/KM - 2:52min/KM.

    With the noise levels rising, Kipchoge crossed the line in a history-making time of 1:59:40:2 to become the first human to break the two-hour barrier for the marathon.

    Kipchoge’s incredible achievement emphatically proved his own mantra that No Human is Limited and places him alongside other sporting greats such as Sir Roger Bannister – who ran the first sub-four minute mile in 1954 – and Usain Bolt who’s 100M world record of 9.58 seconds has stood since 2009.

    On becoming the first ever person to run a marathon in under two hours, Eliud Kipchoge said: 

    “It is a great feeling to make history in sport after Sir Roger Bannister [set the first sub-four-minute mile] in 1954. I am the happiest man in the world to be the first human to run under two hours and I can tell people that no human is limited. I expect more people all over the world to run under two hours after today.

    “The pacemakers did a great job, they are among the best runners of all time. I thank them and appreciate them for accepting to do the job.

    "I wanted to run under two hours and show human beings can do a good job and lead a good life. It shows the positivity of sport. I want to make the sport an interesting sport whereby all the human beings can run and together we can make this world a beautiful world.”

    Sir Jim Ratcliffe, Chairman of INEOS said: 

    "That was sensational. It is quite difficult to believe it's actually happened because it happened so quickly. That last kilometre where he actually accelerated and came through on his own was just superhuman. I can't believe he did it.

    "I can't believe he ran the first half marathon in less than an hour and then he had to do that again.

    "Everything had to go right to do this and it's been immaculately well organised. It was especially brilliant to see the pacemakers because running is normally such a solitary sport and here they were all running for Eliud. They're the best athletes in the world and so full of enthusiasm, it's almost like a new sport for them."

    4 minutes read Issue 17
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    Anything is possible

    ONE man must believe he can make history in Vienna today.

    And that man is Eliud Kipchoge.

    “Some people believe it is impossible to run a marathon in under two hours,” he said. “I respect their views, but they should respect mine.

    “This is about history and making a mark in sport. It’s like the first man to go to the Moon. I will be the first man to run under two hours.

    “My team and I believe it is possible. We will prove the doubters wrong.”

    He came within a whisker – just 26 seconds – of making history at his first attempt in Monza, Italy, in 2017.

    But coming so tantalisingly close has given him the confidence to try again.

    “In 2017 I was like a boxer who is going in the ring and doesn’t know what will happen,” he said. “But this time I am prepared. I know what will happen.”

    Few athletes boast the same mental resolve and total self-belief in their ability as Eliud.

    But then again no one in history has gone closer to breaking the magical two-hour barrier.

    He has a stunning track record.

    At the Berlin Marathon in September last year he set a new world record of 2:01:39.

    It was an incredible run that took 78 seconds off the previous best – and the biggest single improvement for more than 50 years.

    But running a 1:59 marathon remains the big one.

    2 minutes read Issue 17
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    Setting the scene

    NO EVENT in athletics holds quite the same mystic or iconic status as the marathon.

    The very first marathon commemorated the run of Pheidippides, who ran from a battlefield near Marathon in Greece to Athens in 490BC to announce the defeat of the Persians before promptly collapsing and dying.

    Around 2,500 years later the idea of recreating a long-distance test was revived by Baron Pierre de Coubertin – the founder of the Modern Olympics.

    Keen to retain the spirit of Pheidippides, a 40km marathon was held at the first Modern Games in Athens in 1896 as Greek water-carrier Spyridon Louis struck gold in a time of 2:58:50 to launch the marathon phenomenon.

    The inaugural marathon proved so popular that one year later the Boston Marathon – the oldest annual marathon – was created.

    Yet it was perhaps the marathon race at the 1908 London Olympics, which most significantly defined the marathon we know today.

    The length of the 1908 London Marathon – from Windsor Castle to the White City Stadium – was initially fixed at 26 miles.

    But, a late request from The Queen to move the start back to the East Lawn of Windsor Castle, from where the race could be seen by the royal children in their nursery, added a further 385 yards (352 metres) and so the official marathon distance was born.

    The 1908 Olympic marathon is also remembered as one of the most iconic in history.

    Italian Dorando Pietri entered the stadium first only to collapse near the finish.

    He was helped over the finish line by a British official, but disqualified for achieving assistance.

    The gold was awarded to American runner-up Johnny Hayes.

    However, such was the public’s outpouring of sympathy for Pietri that he was awarded a special medal from the Queen.


    NO ONE should underestimate just what it will take for Eliud Kipchoge to run 26 miles and 385 yards in 1:59:59.

    Anyone, who has ever run a marathon, knows that.

    British journalist Ed Caesar said that included professional athletes.

    “Geoffrey Mutai’s prayer at the start line was not to win the race, but to finish it,” he said.

    The body of a marathoner is believed to be burning so much fuel that it becomes a furnace on the move. Nothing but your own body will sustain you and there’s no charging station.

    But that doesn’t stop the hordes of ordinary people who are drawn to test themselves to the limit every year by running a marathon alongside the world’s elite.

    And every year the world’s best have been getting faster.

    In 1988 Ethiopian Belayneh Densamo set a world record by running the Rotterdam marathon in 2:06:50.

    Today Eliud holds the record as the fastest marathon runner, having completed the Berlin marathon in 2:01:39.

    In his book, Two Hours: The Quest to Run the Impossible Marathon, Ed describes the sub-two hour marathon as ‘running’s Everest’.

    “It is a feat once seen as impossible for the human body, but now we can glimpse the mountain top,” he wrote.

    He believes it will require an exceptional feat of speed, mental strength and endurance.

    “The pioneer will have to endure more, live braver, plan better, and be luckier than his forbearers,” he said. “So who is he?”

    The team behind the INEOS 1:59 Challenge believe ‘he’ is Eliud Kipchoge. A 34-year-old Kenyan farmer who started running on a dirt track at 16.

    And it’s with good reason. For Eliud believes he can do it too.

    Tim Noakes, a retired South African professor who has run more than 70 marathons and ultra-marathons, said studies had shown that the brain controlled the muscles and the mind would be the greatest hurdle to breaking the two-hour barrier.

    “You have to convince the brain it is possible‚” he said.

    Eliud – and the team around him – have already cleared that hurdle.

    “I have visualised it,” said Eliud. “I have put it in my heart and my mind that I will break the two-hour barrier.”

    Today he will put Professor Noakes’ theory to the test of a lifetime.

    4 minutes read Issue 17
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    Eliud can do it

    NO MATTER how well the planning goes, the success of the event on the day all comes down to the work of one man.

    Eliud Kipchoge.

    “There is absolutely no-one else who has a chance of breaking two hours in the marathon than Eliud,” said a spokesman for the INEOS 1:59 Challenge. “Look at any marathon he has raced. No-one comes close to him. There’s no-one better to attempt it.”

    Jos Hermens looks after some of the world’s best athletes, including Eliud.

    “A hero can be created here,” he said. “And the sport desperately needs heroes.”

    Jos, who is CEO of management agency Global Sports Communication, believes the time is right for Eliud to attempt to run a sub two-hour marathon.

    Athletes manager Valentijn Trouw, who has worked with him for many years, said Eliud also believed he could do it.

    “You have to understand what drives an athlete,” he said. “Breaking two hours really is an epic challenge but Eliud has thought and dreamed about doing it for years and years.

    “And I believe he can do it.”


    Watching in awe on the day of the challenge will be Eliud’s lead coach, Patrick Sang, a Kenyan former international athlete who remembers meeting Eliud as a hungry, 16-year-old at the dirt track in Nandi County in the North Rift of Kenya 17 years ago.

    “I gave him a two-week training programme and off he went,” he said. “He came back two weeks later and said ‘what’s next?’ That’s really where it all began.”

    2 minutes read Issue 17
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    Why INEOS?

    INEOS believes that individuals can excel when challenged, and that great teams can achieve extraordinary results.

    It also believes that keeping fit is essential to a healthy and happy life.

    Over the years INEOS has donated hundreds of thousands to help develop a healthy interest in sport, particularly among the young.

    And it’s in any sport. Ice hockey. Football, Rugby. Running. And in virtually every country where it does business.

    More recently, though, INEOS’ focus has turned to elite athletes. Those, who despite excelling at what they do, still have the hunger, desire and belief that anything is possible.

    The INEOS 1:59 Challenge is a perfect fit for the INEOS philosophy.

    “No one should ever tell INEOS that something cannot be done,” said John Mayock, a former Olympic athlete who is now Head of Sport at INEOS.

    INEOS Chairman and Founder Jim Ratcliffe hopes this challenge will inspire future generations to get running and to get fit for life.

    “Eliud has got the great part to play,” said Jim. “We can just facilitate it. But however good we are at getting the details right, it’s still a superhuman feat.”

    He’s come close before. Very close.

    In May 2017 he ran it in 2:00:25 in a specially created Nike event at Monza, Italy.

    He knows that just 26 seconds stand between him and history.

    Many believe it is impossible. But INEOS doesn’t.

    And neither does Eliud.

    3 minutes read Issue 17
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    Patrick Sang

    COACH Patrick Sang does not have a clear picture of the Eliud Kipchoge he first met at the dirt track in Nandi County.

    All he remembers is a 16-year-old who was hungry to learn.

    “I didn’t know his name,” he said. “But he kept coming up to me and asking for training programmes.”

    Finally Patrick, who had successfully competed in the Olympics and World Championships, asked him: ‘Who are you?’

    The young teenager looked at him and replied: ‘I’m Eliud.’

    That was 18 years ago.

    Today, Eliud is the fastest marathon runner in the world.

    “I often ask myself what would have happened if I had said no when he asked for a training programme,” said Patrick who has coached him since 2001.

    “What if I had ignored that young man who came to me asking for support? Would history have been different? Would we have seen this phenomenal marathon runner?”

    No one will ever know the answer to that.

    But what Patrick does know is that Eliud is now the one teaching him.

    “In some ways the roles have actually reversed,” he said. “I was a role model to Eliud for many years and played the role of teacher because, for many years, it was possible to teach him something new. But he is now teaching me things and I think we can all learn from him, the way he lives his life and the values he holds.”

    In 2001, though, Eliud was just starting out on his incredible journey into the world of athletics – and he needed guidance.

    That guidance came from Patrick. In abundance.

    “I think if you are endowed with a certain knowledge, in whatever field that is, then you should give it back,” said Patrick. “Running has given me so much. It has given me a quality education and the opportunity to travel the world. So it is very important for me to give back what I have learned to young athletes.”

    Patrick said Eliud – despite all the accolades, the money and media attention – had not changed.

    “He fundamentally believes you should remain humble and that is certainly not easy,” he said.

    “I have seen athletes who have had some success in their careers and who have been influenced in a negative way by the money they have earned. But not Eliud.”

    3 minutes read Issue 17
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    Valentijn Trouw

    Valentijn Trouw believes that the heart drives the soul.

    So as Eliud Kipchoge’s manager, he must understand what makes him tick. What motivates him. What makes Eliud push his body to the limits.

    And this year, there was just one thing on Eliud’s mind. He wanted to become the first man in history to run a marathon in under two hours.

    “Breaking two hours really is an epic challenge but Eliud has thought and dreamed about doing it for years,” said Valentijn.

    In 2017 Eliud came closer than ever at the Nike Breaking2 event in 2017.

    “That only increased his desire to do it,” said Valentijn.

    The record attempt in Vienna fits into his training schedule for the Olympics in Tokyo next year but only just.

    “There was a very limited window to bring a sub-2 marathon challenge to life for Eliud, but INEOS have made this happen,” he said.

    The performance team and Valentijn’s main job – in the run-up to today’s challenge – was keeping Eliud fit and healthy.

    “Prevention is always better than cure so we had to act on any small problems before they became big problems,” he said. “That’s why we all needed to be really sharp.”

    Valentijn, who has helped build the careers of scores of Olympic and World Champions, said everyone would be nervous on the day of the race because it means so much to all who have been involved.

    “Eliud must think about all the preparation he has done in the lead-up to the challenge and by realising he has given his all to prepare to the best of his ability, he will be able to control his nerves,” he said.

    3 minutes read Issue 17
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    The team behind the team

    ELIUD Kipchoge knows that the INEOS 1:59 Challenge is a golden opportunity for him to make history and show the world that no human is limited.

    He just has to run 26.2 miles on the day in less than two hours.

    While he has been training in Kenya, a support team has been working around-the-clock to make the perfect race happen.

    And nothing can be left to chance.

    They have to control as many of the contributory factors as possible, encouraging them to work in Eliud’s favour without reducing the credibility of the run.

    Their job is to ensure that it could one day be — as Performance Manager Peter Vint put it — ‘replicated in the wild’.

    And no one is more grateful for all the supporting cast than Eliud.

    “It is a huge morale boost for me to have these guys and so many others by my side,” he said.

    INEOS has assembled a team of experts from the world of performance and athletics, including from across the wider INEOS sports group.

    “My role is to make sure the coach, the nutritionist, the physiotherapist, and the sports doctor are all thinking in the same direction,” said Valentijn Trouw, athletes manager of Global Sports Communication.

    As the team in Vienna perfected the conditions for the big day, Eliud was at his training camp in Kaptagat, where all the focus was to get his body and mind in shape.

    With a month to go, the 150 staff and 24 pacemakers conducted a run of successful tests in The Prater, Vienna.

    “To bring together so many world-class athletes for a weekend of testing was very special,” said Valentijn. “All the pacemakers who came to Vienna, and those who could not make it, are very excited and honoured to be given the opportunity to support Eliud in trying to make history.”

    He said for the pacemakers to even run 5km at Eliud’s pace was not easy.

    “They have all had to work very hard,” he said.

    Fran Millar, CEO Team INEOS, said the most important aspect of the challenge was the time.

    “Our aim is to ensure nothing is left to chance in the bid to give Eliud the best possible opportunity to make history,” she said. “Eliud believes he can do it. And he needs – and has – a team around him who believe he can do it.”

    4 minutes read Issue 17
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    The Road To Vienna

    MAY 6, 2017
    BREAKING2
    In an event organised by NIKE, Eliud Kipchoge runs a marathon in 2:00:25. ‘The world is now only 26 seconds away from achieving the first-ever, sub-two-hour marathon,’ he says.

    SEPTEMBER 16, 2018
    BERLIN MARATHON
    Eliud Kipchoge sets a new official world record by winning the Berlin Marathon in 2:01:39.

    APRIL 28, 2019
    VIRGIN MONEY LONDON MARATHON
    Watched on by INEOS Chairman Sir Jim Ratcliffe, Eliud Kipchoge runs the second fastest official marathon of all time and wins the Virgin Money London Marathon in 2:02:37.

    MAY 6, 2019
    INEOS 1:59 CHALLENGE
    Eliud Kipchoge announces the INEOS 1:59 Challenge, a new attempt to shatter athletics’ last great barrier and run a sub-two-hour marathon. The announcement was made at Iffley Road in Oxford – the very course where Roger Bannister ran a sub four-minute-mile 65 years ago. Eliud is later nominated as a Daily Mile ambassador.

    JUNE 27, 2019
    COURSE AND DATE ANNOUNCED
    After an extensive worldwide search, The Prater in Vienna is chosen to host the INEOS 1:59 Challenge on Saturday October 12. Organisers say they have a reserve of eight days until October 20, in case of bad weather.

    AUGUST 16, 2019
    FIRST PACEMAKERS ANNOUNCED
    The first pacemakers for Eliud Kipchoge’s attempt to make history are announced. They include Norway’s Henrik, Filip and Jakob Ingebrigtsen, his former track rival Bernard Lagat (USA) and his close friend Augustine Choge.

    AUGUST 28, 2019
    MORE PACEMAKERS ANNOUNCED
    The USA’s world and Olympic 5000m medallist Paul Chelimo plus Switzerland’s Julien Wanders are among the star names added to Eliud Kipchoge’s pacemaking team.

    AUGUST 31 – SEPTEMBER 1, 2019
    INEOS 1:59 CHALLENGE TESTING WEEKEND
    A series of successful tests are run on the course in Vienna to ensure nothing is left to chance when Eliud Kipchoge attempts to make history next month. TEAM INEOS CEO Fran Millar describes it as a huge undertaking to help one man make history. ‘Doing something that has never been done before is not easy and a significant amount of work goes into that,’ she says.

    SEPTEMBER 13, 2019
    #NOHUMANISLIMITED CAMPAIGN LAUNCHED
    Some of the world’s most inspirational sporting stars tell their own personal stories of why no human is limited ahead of Eliud Kipchoge’s attempt to run a marathon in under two hours. Their stories – and Eliud’s belief that no human is limited – inspires the launch of an INEOS-backed campaign.

    SEPTEMBER 18, 2019
    MORE PACEMAKERS ANNOUNCED
    Thirteen more pacemakers are confirmed to help Eliud Kipchoge become the first person to run a sub-two-hour marathon. They include Marius Kipserem who set a course record time of 2:04:11 to win this year’s Rotterdam Marathon.

    OCTOBER 12 – OCTOBER 20, 2019
    INEOS 1:59 CHALLENGE
    Vienna, Austria

    3 minutes read Issue 17
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    Why Vienna?

    VIENNA was chosen to host INEOS’ 1:59 Challenge after an extensive search that started with a map of the world and ended with a pinpoint in the Austrian capital.

    DISTANCE FROM KENYA: 8571KM

    TIME DIFFERENCE: -1HR FROM KENYA

    ALTITUDE: 165M ABOVE SEA LEVEL

    Scores of potential locations were considered but the team eventually settled on The Prater in Vienna.

    Their decision was based on science, experience and the likelihood that the weather would be kind.

    The team wanted somewhere that was within a three-hour time difference of Eliud’s training camp in Kaptagat, Kenya, to eliminate the effects of jet-lag.

    They wanted somewhere where there was plenty of pure oxygen so he could push his body harder. He might live and train at almost 8,000ft above sea level, where the air is thinner, but it doesn’t lead to peak performances.

    The team also drew invaluable lessons from Eliud’s first attempt to run a sub two-hour marathon in Monza, Italy, where humidity had caused a problem, making it difficult for sweat to evaporate.

    So somewhere dry – and sheltered from the wind – were essential as the team searched for the perfect place.

    Finally they needed a long, flat, straight course with as few corners as possible – and a place where crowds could watch the event.

    “Finding a course to meet all those criteria was not easy,” said a spokesman for the INEOS 1:59 Challenge. “But we drew up a shortlist and visited all the sites. In the end, though, there was one, unanimous choice: The Prater.”

    Vienna is just one hour behind Kenya, which means Eliud’s sleeping, eating and training regime should not be greatly affected by the location.

    Climatically too it is ideal.

    Vienna is 165 metres above sea level, and historic weather patterns of the city have shown there is a good chance that it will be cool in the mornings when Eliud likes to run.

    “We have a responsibility to ensure he is given the best chance,” said Sir Jim Ratcliffe, INEOS Chairman and Founder.

    Jim, a keen sportsman who has run more than 30 marathons himself, is full of admiration for Eliud.

    “He is the only athlete in the world who has any chance of beating the two-hour time,” he said. “No-one has been able to achieve this. It’s not unlike trying to put a man on the Moon.”

    VIENNA FACT

    Legendary athletics coach Franz Stampfl, who coached Roger Bannister to the world’s first sub-four-minute mile, was born in Vienna in 1913. Stampfl pioneered the science of interval training for distance runners.

    4 minutes read Issue 17
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    The Course: Prater, Vienna

    ELIUD Kipchoge thrives on the big occasion – the bigger the event and the bigger the crowds, the better he performs.

    The Prater, where he will attempt to make history, lends itself to a large crowd.

    Spectators will be able to line the entire route, which was something very high up on Eliud’s wishlist.

    Up to 8,000 are expected to cheer him on as he attempts to run a marathon in under two hours. But with 1.9 million people living in Vienna, Eliud might well be overrun with supporters.

    That will cheer him no end because his first attempt in 2017 – set up by Nike – was relatively sparsely attended.

    By contrast, the INEOS 1:59 Challenge will be run on a multi-lap, 9.6km course along Hauptallee, a long, straight and tree-lined avenue that runs through the heart of The Prater.

    And although, Vienna may be more famous as a city of music due to its connections with Mozart and Beethoven, it is also a city of running.

    There was a Running Festival in The Prater in the early 19th century and now the park is the place to exercise in Vienna.

    The last distance running world record was in 1978 when a Kenyan named Henry Rono set a 10,000-metre record of 27 minutes 22.5 seconds.

    That record was broken on the Vienna LAZ track in The Prater by a Kenyan born 15km from Eliud’s birth place – and was paced by a Dutchman named Jos Hermens, who went on to form a sports management agency.

    Today, that agency, Global Sports Communication, has a rather famous client.

    His name is Eliud Kipchoge.

    THE COURSE

    4.3KM STRAIGHT

    9.6KM CIRCUIT

    90% STRAIGHT COURSE

    0.06% NET GRADIENT CHANGE

    REPEATED 4.4 TIMES

    VIENNA FACT

    The Prater athletics track, the Vienna Athletics Centre, was also the location for a world distance running record by another Kenyan athlete, Henry Rono, in 1978. He ran 27:22:05 to break the world 10,000m record where he was paced by Jos Hermens, who now looks after Eliud.

    4 minutes read Issue 17
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    Training

    ELIUD Kipchoge’s bid to rewrite history started in May in Kenya – more than 8,500km away from where he will attempt to run a marathon in under two hours.

    In the beginning, the 34-year-old Kenyan was either jogging up to 20km a day on a dirt track or working out in the gym.

    “That stage is crucial because it provides the foundation for my preparation and shows me how fit I am,” he wrote in his blog.

    “In my mind the gym work helps to chase away the injuries and train the muscles. I know that with the right preparation and planning and by completing every long run, fartlek session and every track workout, that I will be ready.”

    In early July, he transferred to his training camp in Kaptagat in Kenya, leaving wife Grace and their three children, Lynne, Griffin and Jordon, behind at the family farm in Eldoret.

    “It is always hard to have to say goodbye to them,” he said. “But they understand these are the sacrifices I need to make to fulfil my running potential.”

    The camp allowed him to focus solely on his training – and run with his teammates.

    “Unless you are a genius, it is impossible to train on your own and achieve the same level of results,” he said.

    Nothing, though, could prepare him for the first few days in camp.

    “My legs were sore and the muscles ached because my body had to adjust to the demands of going for a long run and the speed sessions again,” he said.

    Initially, the training involved a mixture of gym work and easier runs. Later on, they went on to a mix of easy runs, two fartlek sessions and a long run.

    But as the weeks progressed, faster track workouts were introduced.

    “It is always important to get that stage right, so when we face the next intensive stage of training we are able to cope with the extra training load much more comfortably,” he said.

    “If we don’t, there are be big problems during the track sessions and on the long runs you really suffer.”

    Recovery from the hard training sessions was also important.

    To help keep him in tip-top condition, regular core stability exercises and massage sessions with his physiotherapist Peter Nduhiu were scheduled.

    And twice a week, usually after a long run and the fartlek session, he had a 10-minute ice bath in the camp.

    “While it is not particularly pleasant, it is great way for the body to recover from a hard work out and to reduce inflammation,” he said.

    By mid-August, there was a real buzz in the camp – and outside it.

    “It felt like every household in Kenya was talking about the challenge,” said Eliud.

    But as the excitement mounted, so did the pressure.

    “There was a lot of pressure and it was not easy to handle,” he said.

    To cope, Eliud knew exactly what he needed to do.

    “It was important to keep things simple and normal,” he said. “To take things day by day because my mental preparation was just as important as my physical preparation.”

    Weekend trips to Eldoret meant he could relax with his family, spend time on the farm and read.

    By August 30, many of the pacemakers, who would be running with him on the day, had been announced – and Eliud had begun working with his nutritionist Armand Bettonviel on what he needed to eat, and when, to run at his best.

    “It was a huge morale boost for me to have these guys and many others by my side,” he said.

    With a month to go, Eliud was feeling confident that 2019 would be the year that a marathon would be run in under two hours – and he would be the man to do it.

    4 minutes read Issue 17
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    The Training Camp

    KENYA has been harvesting world-class runners for almost a quarter of a century at a training camp on the edge of a small town in the Kenyan Highlands.

    The camp, where Eliud Kipchoge still trains up to 200km a week, is flanked by farms where cows and sheep freely roam.

    It is basic but rich in passion and enthusiasm thanks to the 30 or so athletes who regularly train there. And little has changed over the years.

    “In 2002 we had no running water and used to get our water from a nearby well,” said Eliud. “But now we have running water and solar panels for heating.”

    Athletes spend the weekends at home with their families before returning to the Global Sports Communication training camp in Kaptagat on a Monday evening.

    “The camp is like a second home to the athletes,” said Eliud’s coach Patrick Sang.

    For Eliud, who started training there 17 years ago, it’s the simplicity of life in camp he loves.

    “It is free of distractions,” he said.

    One main building houses the male endurance runners, who sleep two to a room.

    A second building includes the women’s dormitories plus the TV room and physio room.

    There’s also a small kitchen and a dining area.

    Athletes often relax on the lawn in front of the main building – a space which also acts as a temporary training area for twice weekly core stability exercises.

    All the athletes are expected to do basic training at home since the main purpose of camp life is to rack up the training miles.

    “When the athletes are in the camp they also get all those technical skills and medical support which they don’t have at home,” said Patrick.

    Over the years Eliud has become a source of inspiration to his fellow athletes.

    “Everyone wants to run like him,” said Geoffrey Kamworor, the three-time World Half Marathon champion, world record holder on the half marathon and winner of the 2017 New York City Marathon. “We always try to follow him, to do what he is doing and be with him towards the last parts of the training run.”

    The community of Kaptagat has also grown economically because of Eliud’s presence.

    “Kaptagat now attracts so many athletes who come here to train and that has a knock-on effect on the economy,” said Patrick.

    “That’s why we say Eliud is more than an athlete. He is an inspiration in all aspects of life.”

    3 minutes read Issue 17
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    The Power Of Pacemakers

    THE world has changed beyond recognition since Sir Roger Bannister became the first man to run a mile in under four minutes on May 6 1954 – and athletics has changed with it.

    There were no digital clocks for Bannister, no nutritional experts or sport scientists, and no scientifically engineered shoes and clothing.

    There weren’t even any full-time athletes. Bannister had to travel to Iffley Road, Oxford, for his date with destiny only after he had completed his shift at a London hospital.

    But for all the differences between 1954 and 2019, the record attempts are, at their very core, the same: man against clock.

    For Bannister 65 years ago, however, it was not just one man against the clock, but three.

    Famously he had two celebrated pacemakers – Chris Chataway and Chris Brasher – who were with him for nearly three-and-a-half of the four laps that make up a mile on the track.

    And for Kipchoge in 2019 the same will be true.

    He too will have a cast list of stellar pacemakers.

    However, there will be more than two of them to help.

    In all, 24 athletes – all stars in their own right – will be involved.

    “The pacemakers will play a vital role on the day in terms of not only setting an even, constant pace but also protecting me from the wind,” said Eliud.

    Bernard Lagat, captain of the pacemakers, said prior to the race: “We are here to make sure everything goes smoothly. We want to make sure that when Eliud steps on the starting line that he is confident because his pacemakers are confident and ready to help.”

    Bannister may have crossed the line first in 1954 but he was quick to acknowledge the help of his friends.

    For him, the record belonged to the team as much as it did to him individually.

    Just like Bannister, Eliud recognises the importance of the team.

    “100 percent of me is nothing compared to one percent of the team,” he said.

    The team, who will be there to support Eliud in Vienna, are athletes he trains with every day at the Global Sports Communication camp in Kaptagat, Kenya, former rivals and runners from all corners of the globe.

    It will be a team of running superstars, all united in a plan to keep him on pace to break the barrier, just like Brasher and Chataway did 65 years ago.

    4 minutes read Issue 17
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    Who Are The Pacemakers?

    WORLD-CLASS athletes from all corners of the globe will be part of the INEOS 1:59 Challenge.

    Lured by the aura that surrounds the world’s greatest marathon runner, this star-studded cast of pacemakers want to see him make history.

    “The calibre of athletes, who are here just to pace is ridiculous,” said Brett Robinson, “so to be part of that is going to be something special.”

    Among the athletes, who hail from Ethiopia, Uganda, America, Kenya, Norway, Australia and Switzerland, are marathon winners, world champions and US and European cross country stars.

    They have broken records themselves at the world championships, the Commonwealth Games and the Olympics.

    Australian Brett Robinson has won the Melbourne Half Marathon on three occasions and reached the final of the 5000m at the 2016 Olympics. He made his marathon debut in London this year, finishing in 2:10:55.

    He will be joined by about 40 others, including five-times Olympian Bernard Lagat, the three famous Norwegian Ingebrigtsen brothers, Kenyan Augustine Choge, and Jack Rayner who won the 2018 Commonwealth Half Marathon title in Cardiff last year.

    But in Vienna, their focus will be on Eliud.

    They will be there to help set the pace (working in tandem with the timing car and laser).

    They will be there to shield him – as much as possible – from the wind.

    But perhaps their most important role is an intangible one: to be there for him on the day, running alongside him, offering him psychological and moral support as he attempts the seemingly impossible.

    3 minutes read Issue 17
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    Power Of The Mind

    SELF-BELIEF is what drives Eliud Kipchoge.

    The greatest marathon runner of all time says that’s where his inner strength comes from.

    His answer lies in the power of the mind.

    “If you have that belief that you want to be successful, then you can talk to your mind and your mind will control you to be successful,” he said.

    “My mind is always free. My mind is flexible. I want to show the world that you can go beyond your thoughts, you can break more than you think you can break.”

    Success in the world of marathon running is a lucrative business.

    But money is not the motivation.

    For nearly 300 days a year he lives and trains away from his wife and three children at a simple training camp in Kaptagat, a tiny village in the Kenyan highlands.

    He is known as the “boss man” by his training partners but that doesn’t stop him cleaning the toilets or doing his share of the daily chores.

    “I enjoy the simplistic training and life in marathon,” he says. “You run, eat, sleep, walk around - that’s how life is. You don’t get complicated. The moment you get complicated it distracts your mind.”

    Eliud, who was 16 when he began his journey to becoming the greatest marathon runner of all time, hopes to concentrate on inspiring others after he retires.

    “My dream is to make this world a running world,” he said. “A running world is a healthy world. A running world is a wealthy world. A running world is a peaceful world. A running world is a joyful world.”

    2 minutes read Issue 17
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    The Role Of The Car

    An electric car will be used to control the pace of the race.

    Peter Vint, Performance Team Manager for the INEOS 1:59 Challenge, said it was the best – and only – way to ensure Eliud ran at the same speed for the entire 26.2 miles.

    “Anyone who has ever run a marathon will know just how hard it is to run the whole distance at the exact same pace,” he said. “And while elite athletes are very much better at it, a marathon distance run in just a few seconds under two hours requires exceptional accuracy.”

    Peter said Eliud had a tendency to want to go faster or slower at certain times during a marathon.

    “The problem is that any variation in pace can cause energetic demands that are more difficult to deal with than having a steady pace,” he said. “And it’s a well understood edict of distance running that the fastest times are set when the pace is even.”

    To ensure Eliud does run at the same pace, a car will travel in front of the runners at a constant speed.

    Sounds straightforward, but it has been anything but that.

    Early on Peter and his team, who were working with skilled engineers, discovered that cruise control systems on cars are not 100% accurate.

    “Very few cars have an accelerator resolution that can give you better than 0.1kph,” he said. “If you extrapolate that over the course of a 42km race, that ends up being seconds of time that are left unaccounted for.”

    In short, if the timing car ran 0.1kph too slow over two hours, Eliud would finish the race in 2:00:34.3

    “That was a big enough error to derail the entire challenge,” said Peter.

    So Peter set his team a goal: to get Eluid over the line in 1:59:50, within that second.

    “We certainly didn’t want to be outside of a second on either side of that,” he said. “If we had it slightly too fast, then ultimately what we would be doing is pulling more and more energy out of Eliud.”

    The RML Group, a high performance automotive engineering company, were hired to deliver that precision.

    They began by choosing a fully-electric SUV with plenty of space on board for all the equipment needed for the race.

    “There will be no emissions out of the back to upset any of the runners,” said Chris Francis, who heads up the Powertrain division at RML’s HQ in Wellingborough in the UK.

    The team at RML have worked flat out to ensure Eliud’s journey to the finish line is a smooth one.

    The runners and the car will carry a transponder chip, which will be read by each of the one kilometre markers, providing accurate feedback on split times and speeds.

    “We will then know exactly when the car passed all of the kilometre split points,” said Chris. “This allows the car to apply a further correction as it travels around the course.”

    But that’s not all.

    To ensure nothing is left to chance, a second car – equipped with the same software – will be on standby.

    “In the event of a problem with the primary car, we can swap the cars, or swap the spare car into position,” said Chris.

    Both cars are also fitted with lasers that project a formation pattern and a pace line on the road to help the pacemakers hold their position – and a digital LED board so the runners can keep track of the time.

    In training, the cars have performed beautifully.

    “We have been typically hitting the finish line with an error of less than a metre, which equates to less than 0.2seconds over the course of the two hours,” said Chris.

    It’s a remarkable piece of technology which an impressive level of accuracy — five times better than that demanded by Peter Vint.

    “On the day of the challenge, it is likely to fade into the background,” said Peter. “But spectators should maybe spare a thought for the boys in Wellingborough as their timing car leads Eliud towards the finish.”

    6 minutes read Issue 17
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    Weather

    Ensuring that Eliud Kipchoge’s marathon attempt takes place in the best possible weather conditions has been one of the most challenging parts of the whole endeavour.

    AVERAGE METEOROLOGICAL DATA, VIENNA, OCTOBER

    MIN. TEMP: 6.4°

    MAX. TEMP: 14.3°

    AVERAGE HUMIDITY: 79%

    AVERAGE WIND: 9.1KM/H

    PRECIPITATION: 0.33MM

    TO run a fast marathon, the weather has got to be right.

    Humidity, rain, wind speed and direction can all hinder performance.

    But temperature is perhaps the most important.

    “In long distance running events the ability of bodies to maintain or regulate heat is what ultimately determines how long athletes can last at a given intensity, along with their internal energy state and their fitness,” said Performance Team Manager Peter Vint.

    The heat – especially when it is also humid – makes it harder to sweat so an athlete struggles to stay cool.

    If it rains, clothing and trainers become heavier.

    And anyone, who enjoys running, knows how hard it is to run when it’s windy.

    Ensuring that Eliud Kipchoge’s marathon attempt takes place in the best possible weather conditions has been one of the most challenging parts of the whole endeavour.

    The weather team have worked from three different forecasts, each relevant at different times.

    The first was used to decide when Eliud should travel to Vienna.

    The second was studied to pick the day for the event which would also determine when Eliud entered his final tapering phase.

    And the final decision was to identify the precise two-hour window for optimal conditions on the day.

    Robby Ketchell was the man in the hot seat — a spot he’d been in before when he worked on Eliud’s previous attempt to run a marathon in under two hours.

    Robby’s first job was to find a venue that would provide — amongst other things — the best chance of getting the right weather.

    The initial search stretched back 15 years and was set on a grid of 100km.

    “We wrote a bespoke tool that went out and searched the weather data from stations all around the world,” he said.

    Vienna was eventually chosen as the venue for the challenge because it offered the best chance of getting the right environmental conditions — along with other parameters like time zone and altitude.

    But the biggest factor in its favour was that the course was tree-lined, which would help to protect Eliud from the wind.

    That said, Robby’s team still wanted to discover what Eliud was likely to face in the race.

    “Some of the weather stations we were using through the local Met office, are located in the hills, so we didn’t have an accurate indication of what the free flow was right above the course,” he said.

    To provide that information, the team mounted reference station about three metres above the trees so the two could be compared.

    They also mounted wind sensors just below the treeline and above the centre of the road – and ran tests with sensors on tripods at head height.

    All of the equipment had to be built, shipped to Vienna and installed by the team.

    Fortunately, Robby has not been handling all the heat on his own.

    He has support from Walter Zwieflhofer, a former ECMWF Director of Operations and a meteorologist with the INEOS TEAM UK sailing team.

    But it seems that — despite all the work, and even with the very best forecasting technology – the team will still need a little help from mother nature for the stars to fully align on the day.

    6 minutes read Issue 17
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    Before The Race

    SIXTEEN years ago Eliud’s coach Patrick Sang gave him a piece of advice he has never forgotten.

    Treat yourself as the best athlete, he said.

    Eliud had qualified for the 5000m final at the 2003 World Championships in Paris – and was facing Kenenisa Bekele and Hicham El Guerrouj, two legends of the sport.

    Eliud, then just 18, went on to beat them both and win the gold medal.

    “From that day on I’ve always entered any race believing I will achieve my goals,” he said. “And nothing has changed over the past 16 years. To me, the INEOS 1:59 Challenge is no different.”

    But he not only has faith in his own abilities; he trusts the entire team around him too.

    Sports nutritionist Armand Bettonviel has been just one of those with a critical job.

    He needed to know exactly what day Eliud would be running so that he could modify the Kenyan’s diet.

    “I could not extend it very much because he would start to put on weight from having more fuel,” he said. “And that would not enhance his performance.”

    In the build-up to the race, Armand explained that eating 100g of carbohydrates could result in Eliud’s weight increasing by 400g due to water retention.

    Armand said his other main challenge would be to ensure Eliud was well hydrated during the actual race.

    Eliud flew to Vienna from his training camp in Kenya about a week ago so he could see – and run – the course.

    “I do get nervous before a big day,” he said. “But I try to concentrate. I try to relax.”

    His pre-race ritual will involve eating a bowl of oatmeal and drinking one bottle of Maurten, a virtually tasteless hydrogel that is quickly absorbed by the body.

    Once he hits the road, it will be a cyclist’s job to keep up with him and hand over more Maurten to help keep his record-breaking feat on track.

    3 minutes read Issue 17
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    No Human Is Limited Campaign

    IT is human nature to push boundaries. To continue to learn, develop and achieve more.

    But it’s also human nature to put limits on yourself – and others.

    It is that attitude, that state of mind, which Eliud hopes to change by breaking through the two-hour barrier.

    His legacy may be one for the history books, but this is his chance to inspire people to do great things, even beyond sport, to challenge themselves in a way they may never have dared.

    “Any human being can go beyond their limits,” he said.

    “Any human being can go beyond their thoughts. But self-belief is crucial.”

    “I totally believe in myself and believe in my teammates and my training.”

    It is this philosophy that is shared by INEOS and an exceptional group of men and women involved in sport, which has inspired the launch of No Human is Limited.

    Named after Eliud’s personal mantra, the campaign aims to encourage people from across the world to embrace this philosophy and believe that no one is limited in their lives.

    The campaign is supported by a team of high-profile ambassadors including four-time Tour de France winner Chris Froome.

    “To see Eliud break the two-hour record would show that limits can be defied and actually that limits should never be set in sport,” he said. “Who sets the limits anyway?”

    3 minutes read Issue 17
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    Ambassadors

    ELIUD KIPCHOGE

    Any human being can go beyond their limits. No human being should be limited in their thoughts, in what he or she should be doing. Self-belief is crucial.

    CHRIS FROOME

    I don’t like to think in terms of limits.

    HERMANN MAIER

    It should never enter your head that something is impossible but tell yourself that it is possible instead.

    SIR BEN AINSLIE

    I think in terms of what your aspirations are, what your goals are, there really shouldn’t be any limits.

    ABDI NAGEEYE

    Why would you put a limit on yourself when you don’t even know what your limit is?

    ELAINE WYLLIE

    It’s our job to make children feel unlimited, to feel that they can do whatever they want to do, and achieve what they want to achieve.

    PATRICK VIEIRA

    You have to go beyond the limit - there should be no limits. There are no limits to what is possible.

    1 minute read Issue 17
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    The Daily Mile Foundation

    THIS will not be the end of the road for Eliud Kipchoge.

    Far from it.

    As a global ambassador for The Daily Mile, he plans to continue spreading the word about the importance of running – and inspire children around the world to be more active.

    “A running world is a peaceful world and a happy world,” he said.

    Earlier this year, the Kenyan father-of-three visited a school in Britain to run The Daily Mile with the children. It is a simple initiative which involves every child going outside for just 15 minutes to run or jog, at their own pace, with their classmates.

    Afterwards, the children asked Eliud about footwear, nutrition, sleep, his passion for running – and why he could run so fast.

    The Daily Mile was founded in 2012 by Scottish headteacher Elaine Wyllie, who was worried about her unfit pupils.

    Today about 1.8 million children from more than 8,600 schools in 65 countries now regularly run or walk for 15 minutes every day.

    A number of research studies have shown that children, who do The Daily Mile, are fitter, leaner, healthier and happier and more eager to learn when they return to their desks.

    It comes as no surprise to Eliud – and that’s why he is keen to use the legacy from the INEOS 1:59 Challenge to encourage every child around the world to think about their health and wellbeing – and start running.

    The Daily Mile Foundation is backed by INEOS.

    2 minutes read Issue 17
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    Fuel for Thought

    The big advantage of hydrogen is that when it is used as a fuel, it produces only water. No CO2 and no potentially harmful emissions are produced. This makes hydrogen vehicles much better for air quality in urban areas.

    And the chemical industry, far from being sidelined in the development of a hydrogen economy, is very much involved.

    “We have a huge contribution to make,” said Pete Williams, INEOS Group Technology Director. “But it cannot be done overnight. It’s not like changing a lightbulb.”

    Today INEOS produces 250,000 tonnes of hydrogen a year. It is a co-product from producing chlorine and cracking gas and oil to make olefins and polymers.

    The hydrogen is used in a number of ways: to remove the sulphur from crude oil, as a raw material for other chemical processes, or as a fuel in its plants.

    INOVYN, a wholly owned subsidiary of INEOS, had previously used most of it to supply on-site boilers.

    But the company is now looking at how that hydrogen could be more widely used to help eliminate harmful air quality pollutants from towns and cities – and power homes and businesses.

    Today, about 95% of the world’s hydrogen is made from methane gas.

    “That’s why at INEOS we have often talked about methane as being a transition fuel,” said Pete. “Not only is it lower carbon and cleaner than the coal and oil it is displacing, but it also provides the bridge to a hydrogen economy until  renewable energy becomes much more widespread.”

    Shale gas could be converted to green hydrogen in the same way as other natural gas supplies. The key would be to capture the carbon – produced in the process - and store it underground.

    It is also one of the reasons why INEOS wants to develop an indigenous source of gas from shale rocks for the UK.

    “The majority of the UK’s natural gas comes from Norway and Russia via a European pipeline or is imported as liquid natural gas, including US shale gas,” said Pete. “Home-grown gas would increase Britain’s energy security and provide a bridge towards the emission targets that the UK has set for 2050.”

    Once made, the hydrogen could be stored underground in the same way natural gas is stored today. 

    For decades INOVYN has used salt cavities in Cheshire in the UK to store hydrocarbons and recently received government funding to continue with a feasibility study (Project Centurion) to look at new hydrogen generation and storage options, including a potential  plan to build a 100MW power-to-gas energy storage facilities at Runcorn. 

     “Storage is a vital component of delivering a viable hydrogen energy system in the UK,” said Dr Frank Rourke, UK Country Manager of INOVYN. “We have the opportunity to develop a critical piece of national energy infrastructure at a huge cost reduction compared to above ground storage. Bespoke salt cavities could be created as part of our green economy.” 

    Richard Stevenson, INOVYN’s Storage Projects Manager, said INOVYN was ideally placed to drive innovation in the sector.

    “Hydrogen production, supply and use has been happening in the North West of England for many years,” he said.

    INOVYN is now working closely with other members of the North West Hydrogen Alliance to make it happen. 

    “Hydrogen energy could be transformational for the North West and INOVYN is delighted to be working alongside other alliance members to drive this forward,” he said. 

    Project Centurion will explore how energy storage can produce low carbon hydrogen for heat, decarbonisation of industry and transport fuels as well as contributing towards energy security. 

    “INOVYN is at the forefront of hydrogen innovation in the region and their knowledge, expertise and influence will be a real asset to our work,” said Professor Joseph Howe, Chairman of the North West Hydrogen Alliance. 

    If hydrogen becomes more available, then it can also become a viable and sustainable green fuel for homes and businesses. 

    In the UK, gas networks are connected to more than 20 million homes, providing gas for heating and cooking. 

    National Grid’s network could be used to feed hydrogen into homes. 

    Pete is excited at what the future holds but says tests and investment in infrastructure are urgently needed. 

    It’s not that it cannot be done. It’s making sure it can be done economically. If it cannot, it’s unsustainable. If it can, it’s a game-changer.

    INEOS’ new 4 x 4 – or at least one of the models – could be run on hydrogen.

    The team behind Projekt Grenadier have been given a £124,000 UK government grant to evaluate the use of hydrogen fuel cells, which, like batteries, generate electricity that can drive the motor.

    More and more hydrogen-powered vehicles are being rolled out around the world

    1. Zero emission fuel cell bus, United Kingdom
    2. Alstom hydrogen train, Thuringia
    3. Auto hydrogen fuel fill-up, Los Angeles
    4. The Toyota Motor Corp. hydrogen fuel cell powered truck
    5. Electric hydrogen bicycle, France
    6. Hydrogen powered forklift

    5 minutes read Issue 16
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    How hydrogen fuel cell vehicles work?

    Like an internal-combustion engine, they make power by using fuel from a tank (though the fuel is pressurized hydrogen gas rather than petrol or diesel). But, unlike an engine, a fuel cell doesn't burn the hydrogen. Instead, it's fused chemically with oxygen from the air to make water. In the process, which resembles what happens in a battery, electricity is released and this is used to power an electric motor (or motors) that can drive a vehicle. The only waste product is the water—and that's so pure you can drink it!

    Think of fuel cells as batteries that never run flat. Instead of slowly depleting the chemicals inside them (as normal batteries do), fuel cells run on a steady supply of hydrogen and keep making electricity for as long as there's fuel in the tank.

    1 minute read Issue 16
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    Egan Bernal takes Tour de France victory

    It was a magnificent effort from the whole team and staff throughout the three weeks, with 2018 winner Geraint Thomas joining Bernal on the podium, securing second place overall, for a remarkable 1-2 finish – with the pair embracing as they crossed the finish line in Paris.

    The Team's Tour de France record went from strength-to-strength as a result of Bernal’s victory – that’s now a remarkable seven Tour victories, 17 stage victories and 91 yellow jerseys.

    The man of the moment was visibly overcome with emotion at the end of the final stage, commenting: "Wow. It's incredible. It doesn't seem true. I've won the Tour de France but I'm struggling to understand it all.

    "I saw my family after the finish and we celebrated together. It's just an incredible feeling.”

    In only his second year at World Tour level, Bernal’s victory completes a quite remarkable 18 months or so for the 22-year-old Colombian, who only joined the Team at the start of the 2018 season.

    A winner at Paris-Nice and Tour de Suisse already this year, this victory elevates him to superstar status both in the sport and back home in Colombia.

    Victorious Team Principal, Sir Dave Brailsford, added: “To be able to deliver Colombia's first ever Tour de France champion is something really special – I feel very proud.

    "A lot of people may have questioned having two leaders. It’s worked to perfection and you can’t get better than second and first.

    "It’s a privilege to get to work with all these people – fantastic riders, fantastic staff, fantastic new owners."

    A Tour which offered countless twists and turns and endless dramas, the likes of which this race hasn’t seen for many editions – yet at the end of one of the most unpredictable races in years, Bernal and Team INEOS reigned victorious, for a first Grand Tour success under INEOS’ ownership.

    Chapeau Team INEOS!


    egan-min.jpg

    Name: Egan Bernal

    DOB: January 13th 1997 (age 22 years)

    Born: Zipaquira, Colombia

    Joined Team INEOS: 2018

    2018 Honours: Tour of California & Tour Colombia

    2019 Honours: Paris-Nice, Tour de Suisse & Tour de France

    4 minutes read Issue 16
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    War on plastic waste

    In the latest attack - watched by millions on television in the UK - Hugh Fearnley-Wittingstall questioned whether companies, like INEOS, should be making less plastic. Not more.

    "The more plastic this industry produces, the more plastic will end up in our lives, whether we want it or not," he told viewers.

    But the main focus of the three-part BBC series, War on Plastic, was on single-use, plastic packaging.

    “The fundamental premise was that plastic packaging is evil,” said INEOS Communications Director Tom Crotty. “But there was no recognition of the benefits to the reduction in food waste because it keeps food fresh for longer.”

    More troubling though for INEOS, was that the importance of plastic to our everyday lives was overshadowed. Viewers were left with the feeling that all plastic is bad.

    “Much of the rise in plastics’ demand around the world is not from packaging,” said Tom. Plastic is in demand from car manufacturers, the construction industry, the engineering and pharmaceutical industries and hospitals.

    Lightweight plastic parts in cars and planes have reduced fuel consumption, leading to a reduction in harmful emissions.

    Insulation makes modern buildings far more energy efficient.

    Heart stents, catheters, syringes, blood bags, prosthetics, pill casings, MRI machines, incubators, dialysis machines, sterile pharmaceutical packaging and operating theatres are all made of plastic.

    And plastic pipes – which are easier and cheaper to install – are being used in some of the poorest parts of the world to bring fresh water to villagers for the first time.

    “80% of our plastic goes into these sorts of applications and not into packaging,” said Tom. “That’s what’s driving our growth. It is much more than straws and stirrers.”

    During the hour-long programme, Hugh also questioned the logic of INEOS’ decision to ship shale gas from the US to Scotland so it could make more plastic.

    But Tom said the manufacturing base had simply shifted from China and the Middle East to the USA because America had become, thanks to vast reserves of cheap shale gas, more competitive.

    “Growth doesn’t come from making more plastics,” he said. “It comes from demand for the plastic by consumers. I could build a factory to make a billion typewriters but nobody would buy them.”

    INEOS, which manufactures billions of translucent plastic pellets every year for other industries, had provided the BBC film crew with open access to its Grangemouth site.

    During filming, Tom said 100% of INEOS polymers could be recycled, but currently, only about 14% of plastic was recycled. “Much of it ends up in landfill but we think this is a waste,” he said. “We want to use recycled plastic waste as a raw material because plastic should be used over and over again. And then, at the end of its life, we can recover the useful energy it contains by burning it.”

    INEOS is currently working on how to chemically recycle plastic. A new, leading-edge, non-mechanical process would turn plastic back into its basic molecular level so it could be fed as a raw material back into the plastic processes.

    “This holy grail of plastic recycling is fast becoming a reality and will mean we can reduce our reliance on fossil fuels to make our products,” he said.

    INEOS has signed joint development agreements with Pyrowave, Agylix and GreenMantra. Using their patented technology and INEOS’ manufacturing infrastructure, waste plastics could be turned back into chemical monomer building blocks.

    “These building blocks will replace a portion of virgin raw material in our polymerisation process,” said Tom.

    And on the ground, INEOS is obsessive about zero pellet loss, at its own plants and through its hauliers and customers, as part of its commitment to Operation Cleansweep, the plastic industry’s global initiative to handle plastic pellets with care so that they don’t ultimately end up in the sea.


    Plastic Fantastic!

    Discover more about plastic on Professor Mark Miodownik's podcast on the BBC website here.

    5 minutes read Issue 16
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    Zero Pellet Loss

    A voluntary initiative to help prevent tiny plastic pellets from being lost to the environment is working. INEOS says Operation Cleansweep has made a huge difference to the way it runs its sites in Antwerp, Rønningen Grangemouth and other sites around the world.

    And the company says its success is largely due to intensive training, the sharing of best practices, a change in attitude across the entire supply chain and significant investment, which involves the redesign of the polymer loading chutes.

    It has also provided them with a framework so they can judge their own performances.

    Today, even one pellet lost at any of INEOS' sites is considered unacceptable.

    “We are all very proud of what we are doing here,” said Inge Nilsen, Production/Process Engineer at INEOS Bamble, the polyolefin production unit at Rønningen Industrial area near Rafnes in Norway.

    INEOS makes the tiny, translucent pellets before they enter a complex supply chain for other manufacturers to melt, mould and convert them into all kinds of plastic products.

    In the past, those pellets might have been lost anywhere within the complex supply chain. But times have changed.

    In Norway, any spillages on INEOS' site used to be registered, to be fixed later. “Any spillage now is dealt with immediately,” said Inge.

    At Rønningen, double guards have also been fitted to every gutter to stop the translucent pellets from being washed into the underground drains.

    And a dedicated operator has been hired to drive a street sweeper around the areas considered to be most at risk.

    Tobias Hannemann, CEO O&P UK, said changes had been made at Grangemouth to reduce the loss of pellets – even before the site had signed up to Operation Cleansweep. “We’ve had a number of measures in place including rumble strips and air blowers to remove stray pellets from trucks and pellet water separators on the manufacturing plant,” he said. With Operation Cleansweep though, came even more.

    Over 200 fine mesh sieves have been installed inside the drains and additional cleaning stations have been created so that staff are never more than 10 metres away from the equipment.

    They are also working with specialists to redesign the polymer loading chutes to reduce the risk of pellets being lost when the tankers are being filled.

    In addition, the number of daily checks of the wastewater from the polymer plants has been increased and there are ‘OCS Champions’ on each shift.

    “As a local resident and employee, I am extremely aware of how important it is to ensure we minimise our impact on the local environment,” said OCS Champion Gemma Taylor. But Grangemouth doesn’t just want to keep its own site in order.

    “That’s the least we can do,” said Peter Malley, Supply Chain Project Manager at Grangemouth.

    The Scottish site is also working with all those involved in the supply chain to encourage them to sign up to Operation Cleansweep.

    “The supply chain system is extremely complex and pellets are handled by many different companies,” said Stuart Keillor, Supply Chain Manager.

    “We have increased awareness of the principles of OCS right across the supply chain. Whereas previously some of our hauliers may have taken a voluntary approach to OCS, we have now mandated that they incorporate the principles into their operations.”

    Trucks are now monitored and drivers have become accountable for the cleanliness of their vehicles before leaving the site.

    “INEOS is a leader of change for Operation Cleansweep,” said Chris Seagriff, Regional Operations Manager for Haulier XPO Logistics. “They have clearly adopted the principles alongside those that were already in place to further enhance their operations and reduce significantly the risk of any pellets finding their way out of the supply chain.”

    Grangemouth has also been working with environmental groups such as Fidra.

    “Plastic pellets on beaches are a totally preventable source of pollution,” said Madeleine Berg, Project Manager at Fidra. “As industry leaders, INEOS not only have the opportunity, but also a duty to lead the way practically to solve this pollution problem.”

    Across the Channel, staff at INEOS' Antwerp site are determined to help with that too as part of their commitment to Operation Cleansweep.

    INEOS Styrolution has invested heavily in training and improving equipment on the site to ensure pellets don’t ultimately end up in the ocean, where they can be mistaken for food by fish.

    It is also following Grangemouth’s lead and involve the entire supply chain.

    “If we can all get involved, we can make a real difference,” said site director Toon Van Melckebeke.


    INEOS Bamble, Rønningen, Norway

    ACTIONS

    • All operators and employees handling pellets have been trained.
    • Spillages are dealt with immediately, not simply logged.
    • Double guards fitted to gutters to stop pellets disappearing into the underground drains.
    • Dedicated operator employed to drive a street sweeper to avoid pellets ending up in the environment.

     

    INEOS Styrolution, Antwerp, Belgium

    ACTIONS

    • Basket filters and collection basins fitted to ensure no pellets leave the site.
    • Staff now more aware of the need to keep the site clean.
    • Site is part of the ‘Zero Pellet Taskforce’ organised by the Port of Antwerp and staff regularly join clean-up events.

     

    INEOS, Grangemouth, Scotland

    ACTIONS

    • More than 200 fine, mesh sieves installed in the drains.
    • Extra cleaning stations installed.
    • Specific specialised training for all staff.
    • Loading chutes are also being redesigned.

    5 minutes read Issue 16
  • INEOS Signs agreements.jpg

    INEOS signs agreements with three companies that share its vision for a sustainable world

    Two of these companies, Agilyx and Pyrowave, use depolymerization technology to convert polystyrene waste back into its original styrene monomer building blocks.

    "That is a valuable raw material for INEOS Styrolution," said Cassie Bradley, Sustainability and Circular Economy Manager, North America. "We can use our existing infrastructure to convert recycled styrene back into polymer with properties identical to virgin material."

    The latest deal is with a specialty chemical company, which has figured out how to convert polystyrene waste into high quality, synthetic polymers and additives.

    Through that process, GreenMantra® Technologies Ltd also recovers styrene monomer, the building blocks used by INEOS Styrolution.

    “People said it couldn’t be done, but it is being done,” said Mohammed Abboud, Product Manager at INEOS Styrolution.

     He said the partnership with all three companies was important because it meant INEOS Styrolution could create a valuable, renewable pathway for polystyrene waste, by utilising recycled material to make its products.

    “In doing that we move ever closer to a more circular economy where plastics are reused rather than landfilled,” he said.

    These companies are all big hitters. INEOS' partners have the technological expertise; INEOS Styrolution has the manufacturing know-how.

    Together they aim to recycle the polystyrene sent to landfill and show society that it is too valuable to simply throw away.

    First though, INEOS Styrolution needs to ensure the monomer produced by each partner is pure enough to meet its strict specifications to replace its virgin raw material.

    Once achieved, the new raw material will be fed into INEOS Styrolution’s polystyrene production facilities alongside conventionally produced virgin monomer.

    “It is a pleasure to collaborate with companies that share our commitment to pursuing a circular economy,” said Ricardo Cuetos, VP Standard Products, INEOS Styrolution America LLC.

    3 minutes read Issue 16
  • INEOS is investing in a new research facility.jpg

    INEOS is investing in a new research facility to develop the next generation of reusable plastics

    It is building a new research facility in Italy to develop the next generation of reusable plastics at its site in Rossignano.

    It is planning to focus on developing polypropylene which can be used in electric cars and advanced packaging.

    “Both of them want more high quality components that are lightweight and easy to recycle,” said Andrea Vittone, managing director and site manager at INEOS Manufacturing Italia.

    Polypropylene is easy to reuse and recycle and is great for long-term durable applications such as car bumpers.

    It is tough, flexible, doesn’t react with water and detergents, and can easily be sorted by recycling companies.

    Once recycled, INEOS can mix it with a new material so it can have a second life as something new.

    Today a lot of packaging is made up of a mixture of different types of plastic which are difficult to separate and reuse.

    “All of us are aware of the problems of plastic but now we must work on the solutions,” said Andrea.

    INEOS is determined to develop new polypropylene products that add value and bring us closer to a circular economy.

    “None of us can live without plastic,” said Andrea. “But we realise that we must add value to plastic waste and not throw it away.”

    2 minutes read Issue 16
  • inch-16-altered-carbon-min.jpg

    Altered carbon

    So far 1000kg of 'waste' has been used by the British challengers for The America's Cup in the building process for the AC75 boat which will compete in Auckland in 2021. "The reuse of carbon fibre products is a real game changer," said Alan Boot, Naval Architect for INEOS Team UK. "We are diverting waste away from landfill and closing the loop in our production methods wherever possible."

    A few years ago, carbon fibre, which had been used before, could not be recycled. But ELG Carbon Fibre has overcome the technical barriers and developed a method to recycle used composites so they don't have to be scrapped. “Their products have fitted seamlessly into our manufacturing processes which demonstrates how successfully these materials can be in a range of commercial markets,” said Alan. He added: “This is a really exciting time in terms of boat production and will hopefully lead the way for other manufacturers to follow suit.”

    ELG has been working with INEOS Team UK since the campaign – to win sailing’s most coveted trophy – began last year. “We both view this partnership as a vital step in addressing the issue of global carbon consumption and raising awareness of the urgent need to move towards closed loop recycling within the marine industry,” said Alan.

    ELG, a market leader in recycled carbon fibre materials, has been recycling the recovered fibres for INEOS Team UK at its specialist plant in the West Midlands. There, the fibres are converted into milled and chopped products to make thermoset and thermoplastic compounds and non-woven mats.

    Although precise details of the INEOS boat’s design remain a closely-guarded secret, ELG says its recycled non-woven materials have been used to produce two cradles to support the AC75 during transit as well as the hull and deck moulds.

    “This is the perfect partnership,” said Frazer Barnes, ELG Carbon Fibre’s Managing Director. “Our products are helping to support the vital message of sustainability in elite sport and that is something we are very proud to be associated with.”

    Meanwhile, INEOS Team UK’s AC75 Boat 1 will be launched later this year.


    ELG Carbon Fibre

    Ct+ Feb 17.jpg

    For more details about ELG visit the website: www.elgcf.com

    T5

    In August 2018, INEOS TEAM UK the British Challenger for the 36th America’s Cup launched its test boat, known as T5. It was the first of the teams to launch a small scale foiling mono-hull.

    AC75

    Ineos-Still06-gs.jpg

    The AC75 is a 75-ft monohull sailboat class, governing the construction and operation of the yachts to be used in the 2021 America's Cup.

    • Crew: 11 + guest
    • Mast length: 26.50 m (87 ft)
    • LOA: 22.86 m (75 ft)
    • Beam: 5.00 m (16 ft)
    • LOH: 20.70 m (68 ft)

    4 minutes read Issue 16
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    Welcome to The Kingdom

    A new 425,000 tonne acrylonitrile plant - and the first of its kind in the Middle East - will use INEOS' world-leading technology.

    "Global demand for acrylonitrile continues to grow ahead of GDP, to meet the demand for lighter, stronger, energy efficient materials such as ABS, composites and carbon fibre," said Paul Overment CEO INEOS Nitriles.

    INEOS also plans to build a 400,000-tonne LinearAlphaOlefin (LAO) plant and associated world-scale PolyAlphaOlefin (PAO) facility.

    “We are one of the world’s leading merchant suppliers of LAO and PAO,” said Joe Walton, CEO INEOS Oligomers. “The size and location of these new plants reinforces our commitment to keep pace with our customers’ expanding requirements globally.”

    All three plants, which will produce the key building blocks for carbon fibre, engineering polymers and synthetic lubricants that are pivotal to economic growth in the region, are expected to begin production in 2025.

    The decision to invest in the Middle East follows recent investments in Antwerp, the UK, China and America.

    Once built, the Jubail 2 petrochemical complex will supply more than $4 billion of downstream derivatives and speciality chemicals units.

    “The timing is right for us to enter this significant agreement in Saudi Arabia with Saudi Aramco and Total,” said Jim. “We are bringing advanced downstream technology which will add value and create further jobs in The Kingdom.”

    3 minutes read Issue 16
  • inch-16-vlec-min.jpg

    VLEC – Very Large Ethane Carrier

    For INEOS, which secured the deal with SP Chemicals, it is the start of an historic project to deliver on what it promised the Singaporean company in November 2017.

    "This is another world first," said David Thompson, CEO of INEOS Trading & Shipping. "We are now leading the way in shipping ethane worldwide to meet the needs of an expanding chemicals sector."

    INEOS began shipping America’s competitively-priced ethane to Europe in 2015 after creating a virtual pipeline across the Atlantic Ocean. That ground-breaking decision saved the Grangemouth petrochemical plant in Scotland from closure.

    Today eight ‘dragon’ ships regularly transport ethane to INEOS' plants in the UK and Norway.

    The deal with SP Chemicals required the construction of an even bigger vessel, known as a VLEC (Very Large Ethane Carrier).

    “It has approximately three times the cargo capacity of our dragon ships,” said David.

     The ship was officially named by Aimee Ratcliffe on May 7 at the Enterprise Products Terminal at Morgon’s Point in Houston.

    It will be operated by Jaccar/Evergas and is the first VLEC in the company’s fleet of gas ships.

    SP Chemicals, which already operates styrene and VCM production plants, is currently commissioning a new gas cracker, capable of making over 650,000 tonnes of ethylene from the imported ethane every year.

    “This is an important milestone for SP Chemicals to achieve self-sufficiency for its ethylene requirements,” said CEO Chan Hian Siang.

    Manufacturers use ethylene to make everything from clothing to mobile phones.

    INEOS is not concerned about undermining its own competitive advantage in the world by supplying China with cheap raw materials.

    “There are several further gas cracker projects being planned in China and it is exciting that INEOS will be the first company to export ethane to China,” said David.


    JS INEOS Marlin: The worlds first Type-C 85k VLEC

    85,000m3: Liquefied gas capacity

    232 metre: Length of carrier

    -104°C: Minus 104 degrees Celsius is the temperature necessary to maintain ethane in a liquid state

    3x: It has approximately three times the cargo capacity of INEOS dragon ships

    3 minutes read Issue 16
  • 1366x768.jpg

    Super humans

    So it's hardly surprising that it is also drawn to other kindred spirits with grit, determination and the clear focus that INEOS tries to inspire across the company.

    Over the years INEOS has donated Millions of Euros and Dollars to help develop a healthy interest in sport, particularly among the young. And it’s in any sport. Ice hockey. Football. Rugby. Running. And in virtually every country close to the sites where it does business.

    “INEOS revolutionised our club,” Sacha Weibel, Chief Executive Officer of Lausanne Hockey Club, told INCH magazine.

    More recently, though, INEOS' focus has turned to elite athletes. Those, who despite excelling at what they do, still have the hunger, desire and belief that anything is possible.

    “No one should ever tell INEOS that something cannot be done,” said John Mayock.

    INEOS is now supporting Britain’s bid to win sailing’s most coveted trophy for the first time in its 168-year history.

    Through the INEOS 1:59 Challenge, it is supporting Eliud Kipchoge on his journey to become the first person to ever run a marathon in under two hours.

    And it is also the proud owner of Lausanne-Sport, one of Switzerland’s most established football clubs.

    INEOS Chairman and founder Sir Jim Ratcliffe, of course, is passionate about sport. He runs marathons, cycles and has trekked to both the North and South Poles. He understands what drives men and women to push the boundaries of what is deemed humanly possible. He understands what it takes to be a winner, like Team INEOS rider Egan Bernal – the 22-year-old Columbian who won this year’s Tour de France.

    2 minutes read Issue 16
  • inch-16-159-challenge-min.jpg

    #No human is limited

    On May 6, 1954, Roger Bannister achieved what many people had thought was near impossible. The then 25-year-old full-time medical student broke the four-minute mile at the Iffley Road track in Oxford, in the UK.

    It remains one of the most iconic events in the history of sport. Later this year, it will be Eliud Kipchoge’s turn.

    The greatest marathon runner of all time will be attempting to run 26.2 miles in under two hours. Many, again, believe it is impossible.

    But not INEOS. Nor Eliud. Both believe it can be done. And the stage is due to be set in October as part of the INEOS 1:59 Challenge.

    “Eluid has got the great part to play,” said INEOS Chairman Jim Ratcliffe. “We can just facilitate it. But however good we are at getting the details right, it’s still a super-human feat.”

    Eliud came close to making history in his first attempt when he clocked 2:00.25 in a specially-created event at Monza, Italy, in May 2017.

    “That was the proudest moment of my career,” he said. “To get another chance to break the magical two-hour mark is incredibly exciting. The secret is believing in myself that I can do it. And I always say that no human is limited and I know that it is possible for me to break this barrier.”

    The venue for the INEOS 1:59 Challenge will be Vienna at some point between the 12th and 20th October this year. The selection of Vienna as the location for Eliud Kipchoge’s INEOS 1:59 Challenge was the culmination of an extensive worldwide search that started with a map of the world and ended with a pinpoint in the Austrian capital. Vienna offers a perfectly flat looped circuit.

    A major marketing campaign will publicise the run and live coverage will be broadcasted across the world.

    Tens of thousands of spectators are expected to attend.

    In INEOS, Eluid believes he has found the perfect partner to match his vision and who can inspire him and his team, to show the world that no human is limited.

    “Eliud is the greatest-ever marathon runner and the only athlete in the world who has any chance of beating the two-hour time,” said Jim. “We are going to give him all our support and hopefully witness sporting history.”


    GRASSROOTS LEVEL:

    Two INEOS-backed initiatives to encourage children to be more active and healthy continue to take the world by storm.

    GO Run For Fun is now regularly hosting 2km races in seven countries. And at the last count, 302,388 children had crossed a finish line somewhere in the world.

    The initiative was launched in the UK in 2013 by INEOS Chairman Sir Jim Ratcliffe amid concerns about the growing obesity crisis among children.

    The Daily Mile, which was founded by former Scottish headteacher Elaine Wyllie in 2012, has also become a runaway success thanks to support from INEOS.

    From one school in Scotland, it is now being run every day in 8,888 schools and nurseries in 65 countries, including – for the first time – America.

    Nearly 2 million children around the world are running a daily mile.

    3 minutes read Issue 16
  • inch-16-americas-cup-min.jpg

    Flying the flag

    They believe they may already have designed the boat that can win the 36th America's Cup. But with the race scheduled for March 2021, it is still too early to say and they know there is no room for complacency.

    "When we get to the race, we have to know that the team we have and the boat we have, cannot be built any better," said Sir Ben Ainslie, skipper and team principal of INEOS Team UK.

    David Carr, one of the sailors, said the team had now entered a new age of America’s Cup racing. “We are no longer floating,” he said. “We are flying.”

    The aim is to get their boat up in the air and out of the water for one simple reason. “Pushing a boat through water is harder than pushing it through air,” he said.

    Once airborne, the new AC75 boat can travel at 60mph – about four times faster than the speed of the wind.

    The boat will be relying on the same technology as an aircraft, using hydrofoils instead of wings to lift it out of the water. The secret is in the shape.

    “It is such a unique class of boat we are designing and it is a really big technical challenge,” said CEO Grant Simmer, who has won The America’s Cup four times.

    “We are really heading into unknown territory with this class of boat.”

    To test what will, what won’t and what might work, INEOS Team UK designed a 28ft boat, known as T5.

    “The great thing about the T5 was that we launched it really early so we have been able to learn a lot and quickly about this new style of boat,” said Grant. “And because it is a relatively small scale boat, we have been able to do things fairly economically.”

    Ben said the actual race boat would be unlike anything the world had ever seen before.

    “Every decision we make will really push the boundaries of innovation,” he said. “But we are not just building a boat. We are building a team.”

    That team of sailors is now complete. The 17 athletes are made up of ‘afterguards’ and ‘grinders’. The afterguards’ role is technical; they are not needed to power the boat.

    As such, they need to be lean and light – and watch their weight. The grinders are effectively the engines. They get to eat. A lot.

    Ben Williams, head of human performance, said the importance of recovery after arduous training sessions had also changed to reflect the new roles in the boat.

    The squad was recently issued with top of the range Specialized road bikes by INEOS Chairman Jim Ratcliffe, who is a keen cyclist himself.

    “Sitting on a bike in a gym can be quite monotonous and boring, so having access to a road bike where they can have a bit of fun and be out in the fresh air, is great,” said Ben. “The only difference is the grinders get to eat cake at the coffee stop.”


    GRASSROOTS LEVEL:

    Disadvantaged children are being given the chance to learn to sail for the first time – thanks to INEOS.

    The 1851 Trust, the official charity of INEOS Team UK, has been funding 10-week courses across the UK for children from inner-city schools.

    The Trust has also been helping to bring science and technology to life in the classrooms and has launched a free, digital education programme for 11 to 16-year-olds.

    4 minutes read Issue 16
  • inch-16-team-ineos-min.jpg

    Fortune Favours The Brave

    Even though Team INEOS lost lead rider Chris Froome earlier this year to injury, the team still had one goal: to win this year's Tour de France.

    The team was unveiled as Team INEOS in May.

    At the launch Sir Dave Brailsford, the team’s principal, said INEOS' takeover from Sky heralded an exciting new beginning.

    "We have had a very successful team and we will be looking to maintain that," he said. "But we are looking to grow as well. This is about something new, something pioneering and building something bigger and better."

    The first race in the team’s new colours was the four-day Tour de Yorkshire, which Team INEOS went on to win.

    Chris Lawless finished off an incredible display of teamwork to clinch overall victory.

    “To repay INEOS like this, at a home race, is really special,” he said.

    The team are also now riding a brand new bike – the Pinarello Dogma F12 – deemed to be the hottest bike in the world.

    “It is an absolute weapon,” said a spokesman for the Global Cycling Network.


    GRASSROOTS LEVEL:

    IN 2017 INEOS was no longer happy to just watch the Tour de France from the sidelines.

    So it challenged its staff to match the miles covered by the real riders each day – and raise money for charity.

    By the end of the first Tour de France Challenge, more than 1,000 people – working in teams – had collectively cycled 324,393km.

    Last year they rode 400,000km – the equivalent of cycling 10 times around the Earth – bringing the total raised for charity to almost €100,000.

    This summer, 1,325 members of staff from Belgium, France, Germany, Switzerland, the US and the UK went even further.

    The 64 teams covered 625,387km, squeezing in their mileage before, during and after work.

    In 23 days INEOS’ cyclists burned more than 10 million calories as they scaled the equivalent of Mount Everest 323 times, losing almost 20,000 litres in sweat in the process.

    The winning team – nicknamed Team Cool Colonia – clocked up 25,449km.

    The men’s winner of the yellow jersey was Raymond Schmitt and Jodi Garner won the women’s vest.

    3 minutes read Issue 16
  • inch-16-lausanne-min.jpg

    Fever Pitch

    "It will be a magnificent stadium, especially for the players, the staff and the supporters," said Bob Ratcliffe, President and CEO.

    The new training centre, which INEOS believes is essential for the club and its success, is also currently under construction.

    INEOS bought the club, which then competed in Switzerland’s top football league, in November 2017.

    It has since been relegated, but INEOS remains confident that the club can claw its way back to the top.

    "We had hoped to do it in one year, but we didn’t quite achieve it," said Bob. "Like all fans, we were disappointed and frustrated, but opportunities exist and we will work on each of them."

    He said INEOS wanted to develop the club. "We are going to try new things and we will do things differently," he said. "All may not be successful but we will try. Again and again."


    GRASSROOTS LEVEL:

    Young African footballers will soon have the chance to develop their skills at a world-class facility in their own country.

    Two football academies will be built and operated.

    David Thompson, CEO INEOS Trading & Shipping, said the deals between INEOS and the Tanzanian and Rwandan Football Associations, had been inspired by INEOS Chairman Jim Ratcliffe.

    “Jim thought young people deserved to have such an opportunity,” he said.

    Each academy will have at least three full-sized pitches, some five-a-side pitches, and a gym with medical facilities, classrooms, offices, a laundry, a kitchen, a dining room and accommodation for up to 96 students.

    The training will be aimed at the U15s, U17s and U19s with extra camps laid on for younger players during the holidays.

    David, who said negotiations were taking place with the Botswanan government for a possible third academy, said football would not be the only focus.

    “The concept is very much one of a three-pillar structure,” he said. “All students will be expected to continue with full-time education, and we will be providing advice and education regarding social and welfare issues including the importance of diet.”

    3 minutes read Issue 16
  • inch-16-belstaff-min.jpg

    Belstaff – A History of Adventure

    Belstaff has been synonymous with adventure ever since it was founded in 1924 by Harry Grosberg and his father-in-law Eli Belovitch, who traversed the globe in search of innovative technologies. And that label has stuck.

    LITTLE may be known about Eli Belovitch and his son-in-law Harry Grosberg but their names will forever be linked to one of the most iconic clothing brands in history. For Belstaff, now owned by INEOS, owes its origins to those two men who set up a business in Stoke-on-Trent in 1924 – the same year that explorer George Mallory vanished on Mount Everest.

    Had Mallory lived, he too would probably have become a fan of their waxed cotton, breathable, waterproof jackets. For although chiefly designed for motorcyclists, Belstaff quickly became the adventurers’ brand of choice. And it’s a label that stuck.

    Pioneer Amy Johnson wore a Belstaff jacket when she became the first woman to fly solo from England to Australia in 1930. Mountaineer Chris Bonington sported Belstaff gear when he made the first ascent of ‘The Ogre’, a steep, craggy and challenging 23,901ft peak in Pakistan's Karakoram range. And British Army officer Lawrence of Arabia’s tunic of choice was a Belstaff ‘colonial coat’.

    In fact, over the past 95 years, Belstaff has kitted out some of the most daring people the world has ever seen, including Communist revolutionary Che Guevara who was shot dead by a soldier in Bolvia in 1967.

    “Belstaff is, at its heart, a brand for those who want to push the limits,” said creative director Sean Lehnhardt-Moore.

    The Trialmaster waxed-cotton jacket that Che Guevara – and others – wore is still made by Belstaff today.

    When it was introduced, it was designed to survive the harsh weather and riding conditions of the Scottish Six Days Trial. First to put it to the test was 18-year-old Sammy Miller who went on to wear Belstaff in more than 1,000 races and has a line of jackets named in his honour.

    But it is perhaps actor Steve McQueen who should be credited for widening Belstaff’s appeal.

    He sported a Belstaff jacket in the classic, 1963 wartime film, The Great Escape and soon after it began to gain cult status among the rich and famous.

    Today Belstaff jackets have been seen on the backs of Ewan McGregor, Kate Moss, Will Smith, David Beckham, Angelina Jolie, Johnny Depp, Brad Pitt and Hilary Swank.

    And they have appeared in a host of Hollywood films including Mission: Impossible III, The Curious Case of Benjamin Button, Wall Street 2, Harry Potter and The Half Prince, and Eastern Promises.

    INEOS Chairman and Founder Sir Jim Ratcliffe said, when INEOS bought Belstaff in 2017, that he wanted to champion iconic, prestigious British brands.

    “We have a lot in common,” he said. “We are British, we are entrepreneurial, straightforward, adventurous and most importantly, we are successful.”


    Steve McQueen

    An American actor nicknamed The King of Cool. His anti-hero persona developed at the height of the counter-culture of the 1960s and made him a top box-office draw during the sixties and seventies.

     

    belstaff_5.jpgErnesto "Che" Guevara

    An Argentine Marxist revolutionary, physician, author, activist, guerrilla leader, diplomat and major figure of the Cuban Revolution.

     

    belstaff_4.jpgAmelia Earhart

    An American aviation pioneer and author. Earhart was the first female aviator to fly solo across the Atlantic Ocean.

     

    belstaff_7.jpgDoreen Evans

    One of the leading female racing drivers of the 1930s. Doreen Evans was the youngest child in a motor-racing family whose business, the Bellevue Garage in Wandsworth, was a leading MG agency.

     

    belstaff_3.jpgLevison Wood

    British Army officer and explorer, who was known for his extended walking expeditions in Africa, Asia and Central America.

     

    belstaff_6.jpgDavid Beckham OBE

    English former professional footballer, the current president of Inter Miami CF and
    co-owner of Salford City.

     

    belstaff_1.jpgTracey Curtis-Taylor

    British aviator who has organised and piloted multiple flight expeditions with historic aircraft across Asia, Europe, Africa, Australia and America.

     

    belstaff_2.jpgSir Ben Ainslie

    One of the most successful sailors in Olympic history. He won medals at five consecutive Olympics from 1996 onwards, including gold at the four Games held between 2000 and 2012.

    4 minutes read Issue 16
  • inch-16-belstaff-store-min.jpg

    Meet Refresh Refuel

    It is investing in the iconic brand because it wants people to see the shops as more than just places to buy clothes.

    And in the UK - where Belstaff reopened its Spitalfields store in East London in February - it's not gone unnoticed.

    "Where other shops are closing down in bigger numbers than ever before, Belstaff are innovating and reopening left, right and centre," said Natasha Colyer, editor-in-chief of Seen in the City.

    The Spitalfields store has been modelled on Belstaff’s industrial heritage and now has a corner where customers can meet, refresh and refuel.

    “Customers can now enjoy a hot drink, or, if the mood takes them, something a little stronger, like a perfectly-mixed G&T,” said Belstaff’s creative director Sean Lehnhardt-Moore.

    But the Spitalfields store is just the first store to acquire the new-look. All of Belstaff’s stores, all over the world, will follow suit.

    In May Belstaff moved its flagship German store to 25 Residenzstrasse in Munich and opened Café@Belstaff on the first floor. The café itself has always been a destination, thanks to the incredible mural that features behind the bar.

    Café@Belstaff, which serves coffees, teas, German wines and beers and cocktails, is being run by the owners of Frank, a much-loved restaurant across the road.

    2 minutes read Issue 16
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    Brutal and brilliant

    Brutal and brilliant is how one of the group described the In Nam 19 challenge. And we have to agree with him. Using a combination of hiking, mountain biking and running, INEOS graduates traversed the Skeleton Coast, Damaraland and Kaokaveld Wilderness areas of Northern Namibia.

    They passed over three ancient volcanic craters (calderas), climbed Namibia’s highest peak, conquered the unforgiving basalt lavas of the Ugab on foot, bridged two major ephemeral river systems in one 100km desert day and traversed the last frontier of the Big 3 – the Black Rhino, Desert Elephant and Dryland Lions of Africa.

    www.in-nam19.com

    Quotes

    There are no words for the stunning beauty of the sun-baked landscapes of the deserts of Namibia. And there are no words to describe the determination, true grit and positive energy shown by all the graduates.

    - Hans Casier, CEO INEOS Phenol

    Anything is possible if you put your mind to it. Preparation is key. I learned to see past the struggle and focus on the sweetest bit of each day - a pint of beer in the knowledge that I had successfully completed that day’s challenge.

    - Davidson Ching, Process engineer (Asia Pacific)

    My teammates helped me realise that any extremely difficult task can be made easier, and maybe even fun, with the support of your team.

    - Cara Lauber, Process controls engineer, Chocolate Bayou, America

    I learned that even when times get tough – and they did in Namibia – the only feelings that remain are proudness, gratitude and joy about the accomplishments.

    - Benedikt Kannenberg, Safety engineer, INEOS O&P Europe North

    Teamwork is the most important thing. Alone you may go faster but as a group, you can go further.

    - Nicolas Monino, Optimisation & planning engineer, PetroINEOS, Lavera, France

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    4 minutes read Issue 16
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    Ripple Effect

    Youngsters are learning to sail for the first time and teachers are using lessons, learned by the world's most successful Olympic sailor, to inspire a love of science and technology.

    And it's all being done with INEOS' blessing and financial backing through the 1851 Trust, the official charity of INEOS Team UK, which will be aiming to become the first British team to win sailing’s most prized trophy for the first time in the competition's 168-year history.

    "We’re passionate about getting more young people out sailing who wouldn’t normally have the chance to try it," said Ben.

    “And thanks to INEOS' support, we’re able to take our programmes to more young people and make a bigger impact - both in the classroom and on the water.”

    The 1851 Trust and the team, who will be vying for victory, are based in Portsmouth, but the Trust’s educational programmes are spreading far and wide.

    The STEM Crew’s free online teaching resources, which are sponsored by INEOS, are helping high school teachers to bring science to life.

    More than 1,100 secondary schools throughout the UK and overseas are now using those resources to harness the excitement surrounding The America’s Cup to open their students’ eyes to the wide variety of opportunities in science and sport.

    With worldwide research showing how young women are regularly shunning careers in science, technology, engineering and maths, The 1851 Trust also runs roadshows specifically aimed at girls.

    But the excitement doesn’t end there. The 1851 Trust recently also launched 10-week programmes to give disadvantaged, inner-city youngsters, aged 11 to 16, the chance to sail for the first time.

    The INEOS Rebels Crew programme aims to develop the youngsters’ character and resilience as well as a passion for sailing. “Already 1,000 young people are taking part," said Ben Cartledge, CEO of The 1851 Trust.

    So far 45 schools have signed up to the programme, which is being rolled out across the UK. The programme runs in partnership with 12 flagship sailing centres, including locations near INEOS sites in Grangemouth, Hull, Runcorn and Seal Sands.

    Usman Muhammed, one of the instructors running the sessions in Birmingham, is passionate about INEOS Rebels Crew, having experienced the life-changing benefits of sailing first hand.

    “When I was at secondary school, I was very passive during lessons due to my difficult and stressful home life,” he said. “Once I was put in a mandatory after-school sailing club, however, this all changed. I began to gain confidence in myself, which played a pivotal role in my GCSE success.”

    And teachers rate the programme too. “It has been a fantastic experience for pupils and they are desperate to get back and give it another go," said Michael O’Donnell, a teacher at Bo’ness Academy in Falkirk, Scotland.

    “We’ve seen them develop new skills as well as improving their resilience and their confidence. I cannot thank INEOS enough for all that they have done to provide our young people with such a rewarding experience.”

    This year INEOS Rebels Crew will challenge 3,000 children to get active, learn to sail and be inspired by the sport.

    4 minutes read Issue 16
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    Don’t give up

    Luke Wigman and Ibi Ali lined up with the children for the start of the races, which had been organised by INEOS GO Run For Fun and The Daily Mile charities.

    Earlier both men, whose lives and bodies had been shattered by war, had spoken briefly to the 2,500 children about the importance of perseverance, overcoming adversity and challenging yourself.

    That’s certainly what they did in 2017 when the two ambassadors for The Defence and National Rehabilitation Centre in Loughborough completed seven marathons in seven days across seven continents.

    For the first time, schools signed up to The Daily Mile had also been invited so their pupils could run the 2km race in London.

    “The two initiatives have so far inspired over two million children throughout the world to get active,” said The Daily Mile founder Elaine Wyllie.

    This year’s event was hosted by GB athlete Jazmin Sawyers and former Blue Peter presenter Radzi Chinyanganya.

    And performing on stage was The Voice Kids UK winner Jess Folley. “The kids loved it,” said Elaine.

    During the event, dubbed GO Run London, The Daily Mile Foundation announced a partnership with Imperial College London.

    The three-year research project, which is being supported by INEOS, will be delving deeper into the benefits of primary school children running or walking 15 minutes every day.

    Ibi far left- Luke is on his right.jpg

    Former Para Luke Wigman (second in from the left) suffered serious leg injuries in Afghanistan when he stepped on a bomb in 2011.

    The accident ended his military career but made him a stronger person.

    He went on to finish second in two of the world's most mentally and physically demanding marathons – at the North Pole and Antarctica.

    He has also represented Britain in the Invictus Games 2014 and 2016, twice winning the 1500m gold medal.


    Ibi Ali (far left) was a Captain in the British Army when he was seriously injured by a roadside bomb in Iraq in 2007.

    Despite losing his right hand in the blast and sustaining injuries to his left hand and right leg, he continued to lead his men, and was later awarded the Military Cross.

    After treatment, he returned to the frontline 18 months later and continued to serve his country until 2013 when he left the Army to help raise money for Walking With The Wounded by climbing Mount Kilimanjaro and skiing to the South Pole with Prince Harry and 12 other injured service personnel.

    Since then he has completed the much-vaunted Marathon des Sables in 2015 and earned medals at the Invictus Games in Orlando 2016.

    3 minutes read Issue 16
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    Quick off the mark

    Earlier this year, the Kenyan father-of-three visited a school in Oxford, UK, to run The Daily Mile with the children.

    Afterwards, they had the opportunity to ask him questions around footwear, nutrition, sleep and Eliud's passion for running.

    His visit to the John Henry Newman Academy, which has been running The Daily Mile since April 2018, came shortly after he had announced his INEOS-backed bid to become the first person to run a marathon in under two hours.

    The Daily Mile, which Eliud supports, is a simple initiative founded in 2012 by a Scottish headteacher who was worried about her unfit pupils.

    Today it is up and running in 65 countries, including America, which recently hired its first Daily Mile team member based in the INEOS O&P office in Houston, Texas. Currently, 122 American schools have signed up, but The Daily Mile Foundation is keen to recruit more and is working on other partnerships to help spread the word.

    Back in the UK, 250 children from 35 primary schools, all sporting Daily Mile T-shirts, took part in the London Marathon’s Westminster Mile.

    It was The Daily Mile’s third appearance in the race, which this year was started by founder Elaine Wyllie and athlete Mo Farah, who is also a Daily Mile ambassador.

    Research has shown that children, who run or walk The Daily Mile, are not only fitter, leaner, healthier and happier, but they are also more eager to learn when they return to their desks.

    Today about 1.8 million children from 8,600 schools all over the world now regularly run for 15 minutes every day – thanks, in part, to INEOS, which has helped to spread the word.

    “We know how important it is to encourage children to get fit and healthy and look after themselves, not just for today but for the years to come,” said INEOS Chairman Jim Ratcliffe.

    3 minutes read Issue 16
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    The Brick Man

    But Mark Cranston believes more treasures could be lurking within the perimeter fence that surrounds the petrochemical plant.

    "I have spent many hours searching around the Firth of Forth and INEOS' plant at Grangemouth but I'd love to explore the shoreline and river bank areas within the site itself," said Mark.

    But he’s not searching for gold; he's looking for bricks that helped to shape Scotland’s brick manufacturing industry.

    “The humble brick is very much underrated, underappreciated, undervalued and overlooked,” he said. “Yet it has had such a huge impact on Scotland’s economic, social and industrial history.”

    Over the past nine years he has amassed about 3,000 bricks, all of which he keeps in two converted stables in his garden.

    “The shoreline between the INEOS site and Bonnybridge is littered with old bricks covering many decades of brick manufacture,” he said.

    Many are fire bricks which Scotland exported all over the world due to their high quality.

    “Ship's captains and owners were keen to ship these orders because the loads doubled up as ballast to steady their ships on rough ocean voyages,” said Mark. “That’s also the reason why Scottish bricks have turned up in dozens of countries around the world.”

    The Falkirk area was the epicentre of fire brick production in Scotland. Many industrial sites, such as the Carron Iron Works, exploited fire clay seams and made bricks for themselves.

    “It is entirely possible that at some point INEOS’ Grangemouth refinery site did likewise, because they would, no doubt, have needed bricks,” he said.

    Among Mark’s collection is a brick from the doorway of the execution cell of Barlinnie Prison in Glasgow.

    He also has one that was recovered from the wreckage of SS Politician, whose sinking in February 1941 inspired the film Whisky Galore, and two others salvaged from a wreck off Hawaii.

    Mark’s short-term goal is to find, recover and record bricks made in Scotland. His long-term goal, though, is to create a Scottish national brick collection and data-base for future generations – and open a museum. “This is a huge story that deserves to be told,” he said.

    He already works with local individuals, heritage groups and archaeological societies, and liaises with brick collectors and academics from all over the world.

    And his efforts have not gone unnoticed. In 2016 he received the Andrew Lloyd Webber Foundation’s Scottish Angel Heritage Award. “I was elated to receive that award for my endeavours,” he said.

    His wife Karen is also supportive and proud of what he has achieved so far, using his own money. “Sometimes he can spend up to 70 hours a week, travelling around Scotland in search of new examples, or on research,” she said. “But his collection is proving an invaluable, educational tool for people from all walks of life.”

    3 minutes read Issue 16
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    Help for heroes

    "There is no better cause than to help those who were prepared to lay down their lives for their country," said INEOS Chairman Jim Ratcliffe. "And you know when people come here with a trauma that their head is not in a very good place."

    Former corporal Andy Reid said the new wing - named INEOS Prosthetics Wing - would make a massive difference to wounded servicemen and women.

    "I know from my own experience how important it is to have the right facilities as well as the correct expertise to help people through their rehabilitation because the journey back from major injury is tough," he said.

    Andy was on a routine foot patrol in Afghanistan in 2009 when he stepped on a bomb.

    “I remember lying on my back,” he said. “I looked down and couldn’t see my legs. But straight away, I thought I am a survivor not a victim.”

    The former corporal, who also lost an arm, is now an ambassador for The Black Stork Charity, the organisation which developed the new centre.

    “This new wing has been purpose built to get guys out of their wheelchairs, get some legs on and get them walking,” he said.

    INEOS’ donation is thought to be one of the largest corporate gifts ever made.

    It builds on the incredible work of the late Duke of Westminster who came up with the idea of a rehabilitation centre for injured servicemen and women, with the potential for also helping NHS patients.

    The former member of The Territorial Army for 40 years led the £300 million fundraising drive, donating £70 million out of his own pocket, but sadly died in 2016.

    Late last year The Ministry of Defence took over full tenancy of the new centre, which has replaced the former rehabilitation centre at Headley Court in Surrey.

    At the official handover ceremony, his son Hugh told guests: “My father was a man who liked to do things and get things done. It seems unjust and sad that he didn’t live to see his gift to the nation honoured and formalised. In a life full of projects, this was the one that meant the most to him.”

    Photograph provided courtesy of the Defence Medical Rehabilitation Centre. This was used as part of their campaign to help raise awareness of their work nationally. 

    3 minutes read Issue 16
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    Marvellous Mavis

    Her epic, 1,027-mile journey not only raised almost £30,000 for Macmillan Cancer Support, but it also earned her a place in the Guinness Book of Records - and the respect of the world's greatest cycling team.

    Team INEOS, had sent Mavis a message of support via Twitter as they trained for this year's Tour de France.

    "We heard you were doing an even tougher challenge and we wanted to wish you good luck," said Wout Poels during a training ride in Tenerife with teammates Geraint Thomas and Chris Froome. "We believe in you, so smash them."

    INEOS had agreed to donate £10,000 to Mavis’ chosen charity after being inspired by her story. And during the race, Team INEOS was on hand to help if needed.

    Mavis was cycling in memory of her three adult children, Sandy, Katie and Bob, who died within four years of each other. All three were in their 40s. “It’s impossibly hard going from being part of a family of five to being alone,” she said. “But taking on challenges like this, keeps me going.”

    As she rode into John O’Groats, sporting the Team INEOS kit, she was clearly relieved it was all over.

    She had earlier told BBC Breakfast: “I wanted to give up so many times. It really has been so hard. I didn’t realise it was going to be so difficult.”

    She was full of praise for INEOS, which had also provided her with a replacement satnav for her bike so she did not get lost. “I just cannot thank INEOS enough for the support they have given us,” she said. “They’re wonderful.”

    If you would like to make a donation, please visit the link below and search Mavis Paterson:

    www.justgiving.com

    2 minutes read Issue 16
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    The Alternative Tour de France Challenge

    Once again INEOS taken on its own Tour De France Challenge. As the main Tour hurtled across Belgium and France, 1325 INEOS employees around the world, organised into 64 teams, matched every kilometre on every day for three weeks. The teams that completed every stage stood to win €2000 Euro to donate to a local children’s charity of their choice. Many of the teams completed the challenge and many completed the challenge many times over.

    Here are some of the statistics:

    • 625,387 km covered
    • 15 x around the globe
    • 1325 people in 64 teams
    • 23 days

    Participants that:

    • covered 50km+ 94%
    • covered 100km+ 87%
    • covered 500km+ 38%
    • covered 1000km+ 11%

    526,825 m Total elevation gain = 323 MOUNT EVEREST

    Challenge Stats

    • Rides 21,168
    • Sweat 19,272 litres
    • most km by 1 team in 1 day 2010 km
    • avg speed 24 km/h
    • avg distance 26.5 km
    • Ride Time 1070 hours

    Winning Teams:

    Seal Sands Slipstreamers - Drawn from teams that completed every stage

    Team Cool Colonia - based on total km collected

    Energy

    10,151,058 KCAL burned

    The winner of the INEOS internal team jersey competition is:

    Kurt De Keersmaeker from INEOS in Belgium

    €104,000 raised for charity from 52 of 64 teams completing the challenge

    3 minutes read Issue 16
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    INEOS Investment

    INEOS investments continue to grow its business around the world and this shows no sign of slowing.

    View Infographic

    USA

    In the USA INEOS is adding capacity. Following the start-up of its joint venture high density polyethylene plant with Sasol in LaPorte, O&P USA is looking to see how much more it can get out of the 470,000 tonne/year plant. The company has also started work on an ethylene expansion at Chocolate Bayou, Texas - due onstream in 2020. Oligomers is building the world’s largest single-train low-viscosity PAO unit at Chocolate Bayou and its 420,000 tonne/ year linear alpha olefin plants are due to start up this year.

    world-map-online-03-min.jpg

    Chocolate Bayou

    INEOS Oligomers’ new world-scale PAO plant at Chocolate Bayou, Texas, is due to become operational this year. The plant will obtain its raw materials from an adjacent linear alpha olefin plant, which has also been built.

    LaPorte

    INEOS O&P USA adding capacity at Sasol JV HDPE plant.

    Gulf Coast

    INEOS Oxide planning to build an ethylene oxide and derivatives plant on the US Gulf Coast.

    Alabama

    INEOS Phenol is planning to expand the capacity of its plant in Alabama up to 850,000 tonnes a year, making it the largest phenol production unit in the world.

    Asia

    INEOS has bought its very first manufacturing sites in China. The deal between INEOS Styrolution and French company Total for its two polystyrene production sites was finalised in February and could now pave the way for further investments in Asia. Kevin McQuade, CEO of INEOS Styrolution, says Asia is a growing market and forecasts further investment. Historically China has imported raw materials and exported the finished products. That is now changing.

    world map-Online-04.jpg

    Shanghai

    INEOS has opened a new office in Shanghai so all its Chinese business and sales teams can work from one base.

    Ningbo

    The Ningbo site will be producing  200,000 tonnes a year of polystyrene.

    Foshan

    Polystyrene from INEOS’ new manufacturing site in Foshan and Ningbo will be mostly destined for the Chinese market.

    Europe

    BELGIUM is to benefit from a €3 billion investment which INEOS has hailed as the biggest in the European chemicals industry ‘in a generation’. INEOS plans to build a gas cracker to break down ethane into ethylene and develop a propane dehydrogenation (PDH) unit to make propylene at its site in Antwerp. INEOS Chairman and Founder Jim Ratcliffe said the investment would reverse years of decline in the European chemicals sector. INEOS Oxide also plans to make a significant investment in ethylidene norbornene (ENB) capacity, location TBC.

    world map-Online-03.jpg

    Stenungsund

    INOVYN investment in Chlor-Alkali Electrolysis Conversion to Membrane Technology.

    Marl

    INEOS Phenol is planning to build a world-scale cumene plant within the integrated Chemiepark in Marl.

    Also, a 10th furnace is being built at its plant in Selas-Linde GmbH to improve efficiency and increase production of ethylene.

    Köln

    Expansions of propylene oxide (PO) in Köln.

    New INOVYN Chlor-Alkali Electrolysis Cell Room.

    Lavéra

    INEOS Oxide has bought Wilmar’s Ethoxylation plant in Lavéra, France. The deal is part of the business’ growth strategy to support the increasing demand for ethylene oxide. INEOS now now operates alkoxylation assets on three integrated INEOS sites.

    Antwerp

    €3 billion investment. Biggest-ever made by INEOS. First cracker to be built in Europe in 20 years, at Lillo.

    A sixth alkoxylation unit now in operation with a planned 2,000-tonne expansion of ethylene oxide (EO) storage capacity at the Zwijndrecht site.

    The largest butane storage tank in Europe due to start operating this year. The tank will allow INEOS to buy butane on the world markets as a raw material for its Köln facility and opens up new trading opportunities for its business across Europe.

    UK £1bn

    INEOS plans to spend £1 billion in the UK – despite the uncertainty surrounding Britain’s departure from the EU. Chairman Jim Ratcliffe said it was business as usual as far as. he was concerned. “It is an uncertain moment for the country,” he said. “But INEOS has confidence in its businesses and is committed to continue investing in manufacturing and highly-skilled jobs in the UK.”

    world map-Online-02.jpg

    Grangemouth

    £350 million investment for a new, highly-efficient power station at Grangemouth in Scotland to supply power and steam to its petrochemical plant, refinery and Forties Pipeline System.

    INEOS also planning to increase its cracker capacity to over 700,000 tonnes of ethylene.

    Hull

    £150 million investment in a new vinyl acetate monomer plant at Hull to produce 300,000 tonnes of a chemical widely used in laminated windscreens, toughened glass, adhesives, coatings, films, textiles and carbon fibre. Once open, it will bring production of this important raw material back to the UK.

    North Sea

    £500 million investment to extend the _life of one of the UK’s most important pipelines well into the 2040’s. The 43-year-old Forties Pipeline System carries up to 600,000 barrels of crude _oil from the North Sea to the UK mainland every day.

    INEOS Trading & Shipping due to take over gas supply in Western Shetlands north of Scotland.

    4 minutes read Issue 15
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    Grangemouth to build a new power station

    That decision changed the fortune and brought about a renaissance of chemical manufacture at the Grangemouth site.

    The latest good news will see the replacement of an ageing energy plant with a £350 million highly-efficient power station, which will also improve the site’s reliability.

    “It is all part of our wider plans to secure a bright future for manufacturing in Scotland,” said Tobias Hannemann, CEO O&P UK.

    The new energy plant will not only be able to provide steam and power to the Petroineos crude oil refinery, INEOS O&P’s petrochemical production plants and the INEOS Forties Pipeline System, but any other industries tempted to move there and benefit from its location, infrastructure and supply of US shale gas ethane feedstock.

    The new energy plant will benefit from significantly lower SOX, NOX and CO2 emissions, helping to improve the environmental footprint of Grangemouth.

    “This investment is good for business and the environment as reduced energy costs improve the competitiveness of the site,” said Tobias. “The new plant will be highly efficient and provide secure energy and utilities as the site grows over the coming decades.”

    INEOS wants to develop its world-class petrochemical facility at Grangemouth into a centre of excellence and chemical sciences manufacturing hub.

    It is a vision it has shared ever since those first shipments of shale gas began arriving from the US in 2016, and preparations to ensure it happens are already underway.

    Old plants and empty buildings are being demolished to make way for future developments and investments.

    There is a huge tank on the site where the ethane gas from the US is stored, as well as INEOS’ new four-storey HQ, which has brought together 450 people who work for INEOS O&P.

    By 2022 the new power station will be part of the site’s ever-changing skyline.

    2 minutes read Issue 15
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    Hull chosen for £150m plant

    A NEW plant is to be built at INEOS' manufacturing site in East Yorkshire in the UK. Once built, 300,000 tonnes of vinyl acetate monomer - a crucial component in the manufacture of windscreens, toughened glass, adhesives, coatings, films, textiles and carbon fibre – will once again be flowing from INEOS’ site in Hull.

    CEO Graham Beesley said INEOS Oxide was proud to be bringing production of this important raw material back to the UK.

    “It’s great news for manufacturing in the region,” he said. “It will not only strengthen UK manufacturing but it will boost exports from the UK to Europe and the rest of the world.”

    About six years ago, INEOS was forced to close its vinyl acetate monomer plant in Hull due to cheap imports flooding the UK, mainly from Saudi Arabia and the US, both of which benefited from low-cost raw materials.

    But INEOS’ decision to import low-cost shale gas-derived ethane from the US into its site in Grangemouth in Scotland has changed everything.

    The ethane will be converted to ethylene in Grangemouth and then piped to the new £150 million plant in Hull.

    In March last year INEOS said it had been considering two possible locations for its new plant. One was Hull; the other was in Antwerp, Belgium.

    “We were very fortunate to have two great options in Antwerp and Hull,” said Graham.

    Work is due to start on the new plant in Saltend, Hull, later this year.

    2 minutes read Issue 15
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    £500 million in pipeline to modernise FPS

    Work on The Forties Pipeline System, which can carry up to 600,000 barrels of crude oil from the North Sea to the mainland every day, will prolong its life by over 20 years.

    “Operators in the North Sea oil and gas business are telling us that they are going to be in the North Sea well into the 2040s so we are making the commitment to be there with them,” said Andrew Gardner, CEO of INEOS FPS.

    INEOS’ decision to extend the life of the 43-year-old pipeline, which transports 40% of the UK’s oil and gas to the mainland, will be welcomed by operators in the North Sea.

    “We plan to modernise the environmental systems and implement the latest technology into its systems,” said Andrew. “And we are confident we can do it without disruption to the pipeline.”

    1 minute read Issue 15
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    £3 billion boost at Antwerp

    Frank Beckx, managing director of essenscia Flanders, said the decision to build a new cracker and a world-scale PDH plant was of great strategic importance to the Port of Antwerp.

    “It is undoubtedly the most important economic news in a long time,” he said. “Not since the 1990s has such an installation been built in western Europe.”

    INEOS’ €3 billion investment will help to reverse years of decline in the European chemicals industry.

    “We hope this kickstarts investment and renewal in the European petrochemical market, which has been stagnant for more than a generation,” said John McNally, CEO of INEOS Project One- the INEOS organisation created to realise the project.

    It is hoped that other European chemical companies will follow suit, replacing old, outdated technology with energy-efficient systems with low emissions. “This has been happening in America since the shale gas revolution,” said John. “We desperately need to see it happen in Europe.”

    First, though, INEOS said the EU needed to scrap its ‘foolish’ green taxes which had driven investment out of Europe and into America, China and the Middle East.

    “The USA is in the middle of a $200 billion spending spree on 333 new chemical plants,” Chairman Jim Ratcliffe wrote in an open letter to European Commission President Jean-Claude Juncker.

    “The USA doesn’t have green taxes but it does insist on the very highest environmental standards before it issues permits for new builds.”

    He said Europe already had the world’s most expensive energy and labour laws that were uninviting for employers.

    “It is no longer competitive,” he said. “And going it alone with green taxes prevents renewal as it frightens away investment. It also pushes manufacturing to other parts of the world that care less for the environment.”

    INEOS’ decision to invest in Europe goes against the grain but it makes financial sense.

    For the new cracker and PDH plant in Antwerp will be converting huge quantities of shale gas – shipped by INEOS from the US - into two million tonnes a year of propylene and ethylene for its own businesses in Europe.

    Up to 3,000 people are expected to help build the new plants. Once fully operational in about 2024, about 400 people will be employed to run them.

    Hans Casier, CEO of INEOS Phenol, said it was rather fitting that INEOS has chosen to build the first gas cracker in Europe for 20 years at The Port of Antwerp.

    “This is actually the cradle of INEOS,” he said. “It is where it all started in 1998.”

    Bart De Wever, mayor of the City of Antwerp, said he felt humbled by INEOS’ decision.

    “These are the moments you live and work for,” he said. “This is an investment for an entire generation.”

    He said it also demonstrated that, even in times of Brexit uncertainty, investors still believed in economic growth, internationalisation and sustainable technology.

    John McNally said 100 new engineers would be needed to run the plants, and people – both young graduates and experienced engineers and technicians – were already queuing up.

    “We have had a massive amount of interest,” he said. “For every opening we have, we must have 20 or more applicants. It’s an exciting time.”

    4 minutes read Issue 15
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    Enterprising business reaps rewards of smart thinking

    CEO Ashley Reed said the decision to sell two of its businesses - and acquire three others - had been transformational.

    “We still cannot quite believe that it has happened,” he said. “And we have almost trebled in size.”

    INEOS Enterprises is made up of a number of small and diverse businesses. Last year it sold INEOS ChloroToluenes and INEOS Baleycourt to Valtris specialty chemicals. But it bought three others. The deal with Flint Hills Resources, for its chemical intermediates business, was completed just before Christmas. The other two are expected to be finalised this year.

    Ashley said INEOS Enterprises saw potential for growth in all three. “We didn’t go deliberately looking for these businesses,” he said. “But we could see ways of improving them.”

    It is a tried and tested formula. INEOS has built its fortune by buying unloved assets – and transforming them into reliable, productive and profitable companies. The Flint Hills business, which makes purified isophthalic acid, trimellitic anhydride and maleic anhydride at its production facility in Joliet, Illinois, has been renamed INEOS Joliet.

    The business, which also has offices and distribution centres in America, Europe and Asia, sells its products throughout the world to others who use them to help make clothing, paints and gasoline additives. The deal to acquire Ashland’s entire composites business is expected to be approved soon.

    INEOS agreed to pay $1.1 billion in November for 20 manufacturing sites in Europe, North and South America, Asia and the Middle East, which employ 1,300 people. Ashland’s resins are light, strong and fire resistant and, as such, have been favoured by the world’s boat builders for 30 years.

    The composites are also increasingly replacing the aluminium or steel frameworks in cars because they are lighter. That, in turn, saves on fuel and increases efficiency.

    INEOS Enterprises is also hoping to finalise the deal with Tronox for two American plants which manufacture titanium dioxide, a substance used in suncream, cosmetics, toothpaste, paints as well as soap, food colourings and textiles.

    “It makes things white and it is very good at it,” said Ashley.

    2 minutes read Issue 15
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    INEOS centralises Shanghai teams

    Up until last month INEOS had three offices in the city. One it inherited when it bought BP Chemicals in 2005, the second followed the merger of BASF and INEOS Styrenics in 2011, and it gained a third when INEOS recently acquired the Chinese styrenics business of TOTAL.

    “By creating one new location, we will be able to provide additional opportunities for our staff to develop and progress in a larger co-ordinated team,” said David Thompson, CEO of INEOS Trading & Shipping.

    The official opening of the new office was hosted by Kevin McQuade, CEO of Styrolution, and attended by Minhao Zhou, Mayor of Shanghai Municipal People's Government, Putuo District.

    1 minute read Issue 15
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    Eastern promise

    "Asia is a growing market for us," said Kevin McQuade, CEO of INEOS Styrolution.

    "We see the recent acquisition as a platform to build on."

    Historically China has imported raw materials and exported the finished products. That is now changing due to a fast-growing consumer market at home.

    About 70% of the future growth for styrenics is expected to come from China, which is home to more than one billion people, many of whom are now demanding modern consumer goods as their standard of living improves.

    As the biggest supplier of styrenics in the world, INEOS Styrolution believes investing in China will help it to grow and retain its number one position in the market.

    “We not only want to maintain our leadership position in the world,” said Kevin. “We want to strengthen it.”

    INEOS Styrolution, which makes plastics for cars, electronics, the toy and construction industries, currently exports products to its customers in China mostly from Korea and Thailand.

    But having a manufacturing foothold in China will allow it to better serve its existing core customers, help to develop China’s growing manufacturing industry and build strong, mutually-beneficial relationships across China.

    Polystyrene from its new manufacturing sites in Foshan and Ningbo, both of which will be able to produce 200,000 tonnes a year, will be mostly destined for the Chinese electronic, household and packaging markets.

    All of those are core markets for INEOS Styrolution, which manufactures about 5.6 million tonnes of styrene monomer, ABS standard and specialties worldwide- 1.8 million tons of which is polystyrene.

    Staff at both plants – and the two sales offices in Guangzhou and Shanghai – are now working for INEOS Styrolution.

    “We have received a very positive response from our new colleagues,” said Kevin. “And we are determined to make the integration as smooth as possible for them.” INEOS is also excited to have acquired a business run by very good and experienced people.

    The acquisition in China follows an earlier acquisition in Korea. In 2017, the company acquired the K-Resin® SBC business, located in Yeosu on the South Korean coast. SBC or styrene-butadiene copolymers is a flexible, clear and strong plastic which is mostly used in the medical and packaging industries.

    Kevin explains that both acquisitions were part of the company’s ambitious “Triple Shift” growth strategy, investing in quality higher margin products, high-growth customer industries, and emerging markets around the globe.

    INEOS’ first polystyrene production sites in China could pave the way for further investments in Asia

    INEOS’ first polystyrene production sites in China could pave the way for further investments in Asia

    0 minutes read Issue 15
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    All power to BMW

    It recently announced that its new off-roader will be powered by BMW's latest generation of TwinPower Turbo petrol and diesel engines. Dirk Heilmann, CEO of INEOS Automotive, commented “Simply put, BMW builds the best engines in the world. Its petrol and diesel engines offer great durability and unquestionable quality, not to mention high performance and efficiency. We are building an uncompromising working 4x4 and there is no better choice under the bonnet than a BMW engine.”

    “This technology partnership is a very significant milestone for Projekt Grenadier,” added Mark Tennant, Commercial Director of INEOS Automotive. “It’s a partnership that clearly signals our intent. Having BMW alongside us makes a strong statement to the rest of the industry.”

    Off the back of this announcement, in early April INEOS Automotive held an open day for suppliers in Stuttgart, Germany, with the aim of introducing the company, its values, and the story of Projekt Grenadier so far. “Following the powertrain decision, we are now moving ahead with the nomination of suppliers for other major components,” said Oliver Frille, Director of Procurement at INEOS Automotive. “This supplier day, attended by our engineering partners, MBtech and Magna as well as BMW, allowed us to showcase the ambition of the project to a room full of world-class potential partners in the automotive supply chain.”

    The event was attended by over 200 people from 100 different companies representing all major component areas of the vehicle. As well as sharing the ‘Projekt’ philosophy and planning assumptions, Tom Crotty, Group Communications Director, was on hand to introduce INEOS Group – leaving the audience with the story of the Dragon Ships as a great example of supply chain partnerships, the INEOS way.

    Since the plans to build its own 4x4 were first hatched over a pint in The Grenadier, the London pub close to INEOS’ HQ in 2016, INEOS Automotive has grown into a fully-fledged international company with bases in the UK and Germany. With a permanent staff of 50 (and growing) at its London base, the team have this April opened a new office in the automotive centre of Böblingen, Germany, to host its design, engineering and procurement teams. The INEOS Automotive office is adjacent to that of MBtech, lead engineering partner for Projekt Grenadier and a former subsidiary of Mercedes Benz. MBtech now has some 200 engineers working full time on Projekt Grenadier.

    With two years to go until launch, much remains to be done but the project is making great advances across a broad front. Says Dirk Heilmann: “Chassis and suspension work is ongoing in Austria using our first ‘mule vehicle’; the exterior design is all but finalised, with the interior now progressing well also; following BMW, supplier nominations are now beginning in earnest, and we are now very close to announcing our choice of manufacturing location.”

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    Invitees to the Projekt Grenadier supplier day had the chance to hear about Projekt Grenadier, INEOS Automotive, and the original offroaders inspiring its new 4x4.

    Keep up to date with Projekt Grenadier’s journey online.

    Twitter | LinkedIn | Facebook | Instagram

    3 minutes read Issue 15
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    Waste not, want not

    In the case of plastic waste, INEOS believes that has to change - and it has a very clear vision of how it can be done. But it cannot do it alone.

    "We are working with recyclers and our customers to enable plastics to be recycled and incorporated into new products," said Peter Williams, Group Technology Director.

    In 2000 Australian organisers buckled under pressure from environmental groups and banned PVC from the Sydney Olympics. The material was effectively labelled a public menace.

    Almost 20 years on, PVC has more than proved it is a material fit for the 21st century.

    As a result, the material, which can withstand pouring rain, raging seas and blazing sunshine, is heavily used in the construction industry and makes a massive contribution to the world of modern sport.

    Every year 640,000 tonnes of PVC are recycled in Europe through the VinylPlus initiative and INEOS anticipates increasing it to 800,000 tonnes by 2020.

    Polyolefins – the plastics found in milk bottles, food packaging and medical applications – can also be recycled.

    Again INEOS is working with recyclers and customers to find a way of making new grades of plastic that could be blended with recycled material to make reliably a high quality finished product.

    “The next step is to better re-use coloured materials to make premium quality products,” said Peter.

    But mechanical recycling, as it is known, is limited because each time plastic is recycled it loses some of its quality.

    “We are also limited by our ability to be able to recover clean and pure plastic waste,” said Peter.

    Where plastic cannot be recycled, we can recover the energy contained in the product.

    INEOS does something similar at its plant in Runcorn in the UK.

    But INEOS wants something more from the process. Locked inside every shred of plastic are valuable raw materials – essentially hydrocarbons – and INEOS wants them back.

    INEOS is now evaluating technologies capable of turning all plastic waste– no matter how contaminated - back into its original raw material so it could be fed back into INEOS’ plants to make new, high quality products.

    “The key advantage is that using this approach all plastic waste, even the lowest value mixed waste, can be recycled,” said Peter.

    For polystyrene, chemical recycling, as it is known, can be especially effective, because the process causes the polystyrene to de-polymerise, which produces a styrene monomer product that can be fed back into the polymerisation reactor.

    “Although it’s early days, and the technical challenges are significant, progress is being made, especially at INEOS Styrolution where recovered monomer liquids are already being tested in our pilot plants,” he said.

    Peter said that as well as developing new polymers and new ways of recycling plastics, a large investment is needed by governments around the world in infrastructure for collecting, sorting and managing waste. “To achieve real change in recycling, and also to solve the problem of land and ocean litter, each of us- the chemical industry, governments and other organisations, and the public- all need to play our part.”

    4 minutes read Issue 15
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    PVC is labelled fit for 21st century

    "We are reasonably bullish that yet again VinylPlus will provide a step increase in recycled volumes for 2018 but tonnages have yet to be audited," said Dr Jason Leadbitter, Sustainability & Corporate Social Responsibility Manager at INOVYN.

    That said, he’s confident that the figures will demonstrate that PVC, one of the most widely used plastics in the world, deserves to be at the heart of the circular economy.

    Since 2000 Recovinyl – the recycling arm of VinylPlus – has recycled more than four million tonnes of PVC window frames, pipes, flooring, cables, packaging, tarpaulins, furniture and medical devices.

    Jason said it had been possible because everyone in the value chain – the PVC manufacturers, the additives’ producers, converters and recyclers – had been involved.

    What’s more, VinylPlus, which has pledged to recycle 900,000 tonnes of PVC by 2025 and at least one million tonnes by 2030, is a voluntary commitment and has not been imposed on industry.

    “Voluntary commitments provide a huge incentive to create win/win opportunities for both industry and regulators because they save on red tape,” he said.

    Another initiative from the VinylPlus programme has been the recent launch of a label that helps customers to easily identify products which have been responsibly manufactured.

    So far six window manufacturers have been given permission to display the new VinylPlus® Product Label – Vinyl Verified – on their products.

    “The label is a differentiator in the market,” said Jason. “It has been seven years in the making but it’s exciting that it’s finally been launched and adopted already.”

    The initiative, initially aimed at the construction industry, has been developed by VinylPlus, with help from BRE Global and The Natural Step, and INOVYN is proud to be part of it.

    “The label itself allows companies to raise the bar from a sustainability perspective,” said Jason.

    To meet the demanding criteria, INOVYN has also played its part in demonstrating responsible manufacturing of the PVC resin itself.

    3 minutes read Issue 15
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    What is a circular economy?

    But a shift in global thinking could help us to create a circular economy. An economy in which we create products and sell them to consumers, who then return them so that the components can be recycled into new products.

    “Recycling won’t eliminate all litter,” says Peter Williams, Group Technology Director. “Stopping littering needs better waste management in many parts of the word, but it also needs a collective behaviour change. We need to think about what is required in different parts of the world, then wage war on plastic litter, not plastic itself- which benefits us in many ways.” Peter said there was no silver bullet.

    “The recycling technology of today is too limited,” he said. “New technologies and a mix of approaches will be needed, but we don’t yet know what the mix will be.”

    Legislators and regulators needed to understand that, and not favour one technology over another.

    “We need a framework to encourage the development of different approaches from which the most effective ones will emerge,” he said.

    The same applies to NGOs, which he says are at their best when they deal directly with industry, so that challenges and practicalities could be shared and understood before any vision is created.

    “They play an important role in raising questions, but usually the answers have to come from elsewhere, and especially from the industries concerned. Stakeholders who refuse to engage are approaching the issue with one eye closed.”

    We all have a role to play, says INEOS

    INEOS believes that efforts to create a circular economy – and help keep plastics out of the ocean – needs industry-wide participation if they are to succeed.

    “Everyone has a role to play in helping to tackle this issue. Government, industry, NGOs and the public,” said Peter Williams, Group Technology Director for INEOS.

    As such, INEOS is working closely with other businesses from across the world who want to transform today’s take, make, dispose economy into one where plastics are designed to be used over and over again.

    Unfortunately, The Ellen MacArthur Foundation, which recently launched its Global Commitment programme as part of its New Plastics Economy, will not be a partner.

    INEOS was told late last year that some of the foundation’s stakeholders did not want to be associated with an industry that extracted raw materials from the earth.

    “I was surprised, because we had worked hard on a meaningful pledge,” said Peter.

    INEOS and the foundation had agreed ambitious recycling targets, which were due to be included in the foundation’s Global Commitment.

    “The foundation was seeking commitments to the circular economy, in the form of hard targets, from all participants in the polymers value chain,” he said, “so I was disappointed to find us being excluded at the last minute. To achieve a circular economy, which we all believe in, our industry has to be engaged. It has the incentive, the know-how and the capability to make a difference.”

    The foundation told INEOS, which is one of the biggest polymer producers in the world, that it had been a difficult decision, but it was only a ‘temporary hold’.

    Not wanting to dwell on the disappointment, INEOS quickly launched its own global pledge to move towards a more circular economy for plastic packaging.

    “We think it is possible – through innovation and partnership – to retain the value of our polymers by rethinking the way we produce and recover them at the end of their life,” said Peter.


    As part of its commitment to a New Circular Economy, INEOS has set itself four ambitious targets to meet by 2025. This is our pledge:

    Our Pledge

    1. Offer a range of polyolefin products for packaging applications in Europe containing 50% or more recycled content
    2. Use, on average, 30% recycled content in products destined for polystyrene packaging in Europe
    3. Incorporate at least 325kt/a of recycled material into products
    4. Ensure 100% of polymer products can be recycled

    6 minutes read Issue 15
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    Renew your thinking

    The public very often does not see a role for the chemical industry in creating a sustainable economy. It is seen as a sunset industry. An industry that's had its day. Fossil fuels - gas and oil - are in the past. What the world needs is renewable energy.

    “It can be frustrating,” said Peter Williams, INEOS’ Group Technology Director. “People don’t see a link between the chemical industry and solar panels, wind turbines, lighter and more fuel-efficient transport. But we can’t just sit and complain about that.”

    Wind turbines, solar panels, electric and lighter, more fuel-efficient cars would simply not exist without the chemical industry.

    “We all have to up our game on communication of what we do, where materials come from, why they are used and the benefits they bring,” he said. “To us, the measure of a sustainable economy is one that leaves the environment untouched or improves it, that creates affordable and sustainable products, and that provides employment in communities.”

    As the world’s population continues to rise, it is estimated that 9.1 billion people will need food and water by the year 2050. Plastics have a very strong role in providing effective products and services which this growing population needs.

    The actual solutions come from companies like INEOS, who provide the materials to face future challenges- for example the material infrastructure such as plastic pipes required to carry fresh water to people living in some of the poorest parts of the world.Unlike steel pipes, they are cheap, easy to install, rarely leak and can last up to 100 years.

    Plastic packaging which is often perceived as unnecessary, extends the shelf life of fresh fruit and vegetables and, in doing so, dramatically reduces food waste.

    The Environmental Protection Agency in America recently revealed that food rotting in landfills released methane, a greenhouse gas 21 times more potent than carbon dioxide.

    The UN estimates that every year 30% of food produced throughout the world is wasted.

    The cost is the retail equivalent of $1 trillion – twice the GDP of Norway.

    One major UK supermarket recently stopped selling loose fruit and vegetables because so much was going to waste.

    The Food and Agriculture Organisation said nature was also bearing the cost, with $172 billion of water wasted producing the unwanted food.

    “The products we produce and supply to other industries and society enable significant resource and energy savings,” said Petra Inghelbrecht, INEOS Styrolution’s Global Sustainability Manager.

    INEOS also manufactures chemical products that are used to make insulation for people’s homes. As it stands, poorly-insulated homes produce tonnes of greenhouse gases.

    But INEOS isn’t just focused on its customers. It is always looking for new ways of doing things that keep its own business one step ahead.

    Saving energy has always been fundamental to how INEOS operates.“Our sustainability efforts include a broad range of projects which are focused on improving process efficiency at all our production plants,” said Petra.

    She said INEOS always sought to get ‘more for less’ by cutting down on the amount of raw materials and energy it used to make products – and limiting the amount of water and waste by-products, such as CO2.

    It makes sense to INEOS as a business to keep down costs, and nowadays it’s customers who want and expect all measures to be taken to minimize negative impact on the environment.

    And it’s happening at many of INEOS’ sites around the world.

    In Thailand, water is recycled from the centrifuges so it can be reused in the production process.

    In India, rainwater harvesting facilities have been built to conserve rainwater for re-use on site.

    In the UK, household waste is now diverted from a landfill site to INEOS’ site in Runcorn where it is incinerated in a combined heat and power plant to produce electricity and steam.

    In short, INEOS never stops looking for ways to do things more efficiently.

    That’s why you will often find its businesses on some of the largest integrated chemical sites in the world, be it in Belgium, Germany, Sweden, China or France, where they can share ideas and resources with other companies.

    Last year INEOS was chosen to head up a four-year project to help different industries understand how energy, materials and services could be shared more efficiently. The idea is that one man’s waste is another man’s treasure.

    “To me the project is all about thinking creatively about how to build a more sustainable future,” said Hélène Cervo, a research engineer and PhD student at Lavera in France.

    INEOS believes that a circular and sustainable economy is achievable. And the chemical industry, with the incentive, know-how and capability to make a difference, is key.


    Why we matter

    Our products enhance almost every aspect of modern life.

    Without us, society, as we know it, wouldn’t function.

    We are helping to create the path to a lower carbon economy, starting with our processes and products.

    And we are doing all we can to work towards a circular economy.

    How we work

    We operate in a responsible, safe & efficient way.

    We talk to local communities and support them where we can.

    We work with other industries to try to share precious, natural resources.

    We recruit the best so that together we can find the best solutions to society’s greatest challenges.


    WIND TURBINES

    Plastic composites and carbon fibre are now the materials of choice for wind turbine blades because they are lightweight and incredibly strong. INEOS is the world’s number one supplier of acrylonitrile – the main component in carbon fibre. Many of the turbine blades are getting longer. Metal provides the strength but it is too heavy. Plastic composites are allowing blades to grow in size but stay light, strong and flexible. Wind turbines are also tough enough to withstand rough weather, on and offshore, because they are made of plastic. They are also lighter and stronger, and so have opened up the way to larger and more efficient turbines. INEOS’ high quality lubricants are also used to keep the gearboxes working efficiently. Traditional materials, such as steel, cannot offer the performance now achieved.

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    SOLAR PANELS

    INEOS makes many of the raw materials that go into solar panels including the support mounts and housings. And all are made using gas. In fact, solar cell production is quite chemical and gas intensive. Manufacturers use a whole host of gas and chemical products, including ammonia, nitrous oxide, methane, hydrogen fluoride, phosphine and diborane. Many believe the growth in the solar cell market could actually drive a new wave of growth for the gases industry.

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    CARS

    THERE are about 1.4 billion cars on the road. As regulations demand greater and greater fuel efficiency, plastic is increasingly the material of choice for dashboards, bumpers, body panels, engine parts, and fuel tanks because it is lighter, it is strong, it can be recycled and it doesn’t corrode. Demand for better fuel economy and better performing engines has also led to an increase in the interest in low viscosity engine oils. INEOS Oligomers provides the manufacturers of synthetic oils and additive suppliers with the high performance base oils that help to improve a car’s overall efficiency. And PVC is used to coat the wiring of electrical components in cars because it is flame resistant and, unlike rubber, doesn’t perish. It is also used as car body underseals to stop corrosion.

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    PLASTIC PIPES

    Plastic pipes are now carrying fresh water to people living in some of the poorest parts of the world. Unlike steel pipes, they are cheap, easy to install, rarely leak and can last up to 100 years. For the millions without access to clean water, they are proving a godsend.

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    AIRCRAFT

    INEOS was instrumental in helping to get Boeing’s 787 Dreamliner ‘plastic plane’ off the ground. Being predominantly plastic, the 787 is much lighter than Airbus’ 380 and, as such, travels much further with the same amount of fuel. But while Boeing’s new commercial jet has flourished, Airbus’ superjumbo – the world’s largest passenger aircraft – has been scrapped due to lack of interest. The 787 was the first commercial jet with a carbon fibre fuselage and wings. Acrylonitrile from INEOS is essential for the production of carbon fibre for this and also many other uses. The advanced materials are known as composites, which can also sustain higher cabin pressure at high altitudes than traditional aluminium-bodied planes, so passengers are likely to suffer less from jetlag. The jet also burns 20% less fuel than similar-sized jets and its maintenance costs are 10% lower.

    8 minutes read Issue 15
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    Sweden creates climate for change

    Among those companies, currently involved in Sustainable Chemistry 2030, is INEOS Sverige AB.

    Since 2010 the five companies in Stenungsund have been quietly focusing on increased recycling of plastic, and using plastic, instead of oil and gas, to make products.

    “It is important for us to exploit the full value of plastics,” said Elin Hermansson, Project Manager of Sustainable Chemistry 2030.

    Chemical companies are working with academia, politicians and scientists to find the best way to use waste as a resource - and break their dependence on the Earth’s reserves of oil and gas. Increased recycling of plastic will help.

    The group has also developed a concept that would mean recycled plastics could be made into fresh, raw materials and new products.

    “This concept could close the loop for plastics and recycle 100 %,” said Elin. “Pre-studies of this have also shown there is large potential for a reduction in CO2 emissions.”

    There have also been ongoing projects related to energy efficiency within the chemical cluster.

    A site analysis, carried out by Chalmers University of Technology and funded by the Swedish energy agency, showed a big saving potential – a 10 % reduction in CO2 emissions - when all five companies were considered. Follow-up projects have also shown that it is possible.

    “The chemical cluster already meets more than 97% of the demand for district heating in Stenungsund,” said Elin. “But despite that, there is still a huge amount of excess heat that goes to waste.”

    One solution might be to build a 30km pipeline so it can be used as district heating by people in Gothenburg.

    “All these are major challenges but we want to help build a future society where we use renewable resources to develop more sustainable products,” she said.

    2 minutes read Issue 15
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    INEOS inspires a new generation of women

    As part of International Women's Day, one of INEOS' charities, The 1851 Trust, harnessed the power of sport to excite the imaginations of 120 young girls - and help bring science to life.

    The girls had been invited to the Portsmouth home of INEOS Team UK, the team behind Britain’s bid to win the world’s oldest and most coveted trophy, The America’s Cup.

    “Using the excitement around The America’s Cup was a great way to bring children in,” said Amelia Gould, Chief of Staff at BAE Systems, who was at the event to help show schoolgirls that STEM (science, technology, engineering and maths) subjects are not just for the boys.

    During the day the girls, aged 11 to 13, were shown how the INEOS team has been using science and technology to design and build a ‘flying’ boat capable of 60mph and powered only by the wind.

    The girls also met young women apprentices and graduates working in STEM industries, and remarkable women sailors Dee Caffari MBE and 1851 Trust Ambassador Annie Lush, who have both sailed around the world.

    The 1851 Trust, which is the official charity of INEOS Team UK, used the occasion to launch its Next Generation Roadshow for Girls programme.

    The programme, which is aimed at inspiring a new generation of female STEM role models, will be rolled out across the UK this year thanks to funding from the UK Government’s Department for Transport.

    Research throughout the world has shown how young women regularly shun careers in science, technology, engineering and maths.

    “We want to change that because we understand completely the need to bring new and diverse talent into the chemical industry,” said Anne-Gret Iturriaga Abarzua, Head of Communications at INEOS in Köln, who flew in from Germany to attend the UK event.

    INEOS in Köln has successfully addressed the interest in science among all young people for the past 11 years through the TuWaS! Programme, which encourages primary and secondary school children to ask questions rather than receive ready-made answers.

    Its champion is Anne Gret and INEOS in Köln is the biggest financial supporter in the Rhineland where it sponsors 34 schools.

    In the UK, though, young women represent just 22% of those in STEM careers. However, with an estimated 174,000 STEM roles due to be unfilled next year, it is vital that the gender imbalance is addressed to plug the gap.

    Ben Cartledge, CEO of The 1851 Trust, said it had been wonderful to see a new generation of girls inspired to explore the possibility of a STEM career – and INEOS Team UK’s base had been the perfect place to do it where cutting-edge technology is being employed to design and build the fastest sailing boat in the world.

    “STEM has already played such a crucial role in The America’s Cup campaign,” said Anne-Gret. She added: “We are now exploring ways of bridging the efforts in the UK and Germany by learning from each other.”


    You can find out more about the science behind INEOS TEAM UK’s challenge on the 1851 Trust’s STEM Crew website, which is supported by INEOS.

    The website contains exciting videos and resources developed for school children. Last year the resources were used to bring STEM alive to over 85,000 students. www.stemcrew.org

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    The school groups try out INEOS Team UK’s new 'tech deck'.

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    VR headsets transport students onto The America's Cup boats.

    4 minutes read Issue 15
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    The Daily Mile

    1. Fitter, leaner, healthier, happier.

    To date, over 1.7 million children in 61 countries now regularly run The Daily Mile, a simple initiative dreamed up by a Scottish headteacher who was worried about her unfit pupils.

    “I can hardly believe it myself,” said founder Elaine Wyllie.

    Since that day in 2012, when Elaine witnessed her own pupils wilt after attempting to run around the school field without stopping, her simple campaign has won worldwide recognition and backing from the likes of Wimbledon champion Sir Andy Murray, athlete Sir Mo Farah, Manchester United footballer Jesse Lingard and more recently The Duchess of Cambridge.

    Research has shown that children who run it are not only fitter, leaner, healthier and happier, but they are also more eager to learn when they return to their desks.

    In short, it has been absolutely phenomenal. Yet, few had heard of Elaine until 2015 when she was named Teacher of the Year in the Pride of Britain awards. At that star-studded awards ceremony in London, Elaine was so star-struck, snapping selfies with the likes of Ozzy Osbourne, that she missed her last bus back to the hotel.

    But the following day, other schools started taking notice of what she was doing, as did INEOS Chairman Sir Jim Ratcliffe.

    He had founded a similar initiative, GO Run For Fun, and decided to meet Elaine to see if INEOS could help financially to roll out the programme.

    It was a meeting of minds. INEOS was on board.

    By March 2016, The Daily Mile Foundation was officially launched, and things started snowballing.

    Studies were being carried out into the effects of a child taking a quick break from their desks every day.

    Children from a primary school in Surrey in the UK revealed they had run 58,522 miles since The Daily Mile was launched in their school. That’s effectively running around the world. Twice.

    In May last year, UK Prime Minister Theresa May praised The Daily Mile in the House of Commons as an ‘excellent programme’ and called on schools to sign up.

    Two months later the Government’s Childhood Obesity strategy was published and included the ‘fantastic Daily Mile initiative’ as a way to ‘improve the physical, social and mental wellbeing of our children regardless of age, ability or circumstance.’

    Last year, ITV partnered with The Daily Mile, launching its first-ever ad campaign and offering editorial coverage.

    The result was amazing. The number of schools signups increased by 150%.

    This year Hollywood film-makers 20th Century Fox have helped to launch an innovative new ad campaign to encourage children to rise up and run The Daily Mile.

    A spoof trailer of The Kid Who Would Be King was released on ITV just a few days before the film, about a modern-day schoolboy who finds King Arthur’s legendary sword, opened at cinemas throughout the UK.

    In it, the star of the movie, Angus Imrie, tells pupils at the fictitious Dungate Academy: “You must gather your team of knights. Your quest is to join The Daily Mile and get fit for life. Who will swear allegiance and run with us?”

    Every day a school, wanting to adopt The Daily Mile, gets in touch with the team at The Daily Mile Foundation, who are based in INEOS' Hans Crescent, London, office.

    For Elaine, who was awarded an MBE in this year’s New Year’s Honours List, it doesn’t get much better than this.

    But as time has shown, again and again, it most certainly can.


    2. Movie stardom

    Hollywood Knights Lay Down the Gauntlet to Children Everywhere.

    A SPOOF trailer of The Kid Who Would Be King has been made – to encourage children to rise up, take charge of their health and run The Daily Mile.

    The trailer was released, with 20th Century Fox's blessing, on ITV just a few days before the film (which is about a modern-day schoolboy who finds King Arthur's legendary sword) opened at cinemas throughout the UK.

    It features all the main stars, including Angus Imrie (Merlin the wizard), Louis Ashbourne Serkis (the boy who finds King Arthur’s legendary sword) and Rebecca Ferguson (an evil sorceress and old enemy of Merlin).

    In it, Angus tells pupils from the fictitious Dungate Academy: “You must gather your team of knights. Your quest is to join The Daily Mile and get fit for life. Who will swear allegiance and run with us?”

    Maria Buttaci, Partnerships Manager at 20th Century Fox, said they were delighted to be partnering with ITV, INEOS and The Daily Mile.

    “The Daily Mile is a wonderful initiative that aligns perfectly with the film’s central theme of encouraging children to unite together for an epic quest,” she said.

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    The stars of The Kid Who Would Be King took a rest from filming to shoot a trailer calling on children everywhere to rise up - and run The Daily Mile.


    3. Focus on academic achievement

    The university, which has given the world penicillin, synthetic dyes and holography, is now exploring the merits of The Daily Mile.

    London’s Imperial College has agreed to work with The Daily Mile Foundation to collate all the research that has already been published or is due to be published over the next three years. It will then build a structured study to test the impact of the initiative on children’s mental and physical health, which can be more widely adopted across the world.

    The research will include the UK Government-supported National Childhood Measurement Programme (NCMP) as a secondary data set.

    Over the years there has been plenty of anecdotal evidence about the benefits to a child’s health and well-being of running – or walking – The Daily Mile every day. It seems like common sense.

    Studies and surveys have shown children are more energised, confident, and do better in the classroom after a 15-minute break from their desks.

    The initiative has also won praise from the likes of Sir Mo Farah, Sir Andy Murray and Paula Radcliffe.

    What’s been lacking is the scientific proof.

    "We're very excited with the growing body of research looking at The Daily Mile around the world. Our partnership with Imperial College London is invaluable, as they can help us independently verify the impact," said Emily Carson, Research Coordinator for The Daily Mile Foundation.

    At the end of Imperial College’s research, academics will publish a comprehensive report that covers everything from attainment, mental health, fitness, to the socio-economic effects of implementing The Daily Mile.

    The hope is that it will strengthen the Foundation's hand when it approaches policy makers, future partners and key decision makers, as well as motivating more schools to adopt the initiative.

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    4. £1.5million provides solid foundation for The Daily Mile

    Sport England has pledged £1.5 million of National Lottery funding to spread the word about The Daily Mile.

    Its new partnership with The Daily Mile Foundation will pay for 11 local, one northern and one national co-ordinator to encourage more school children in England to run – at their own pace – for 15 minutes every day.

    But that’s not all.

    London Marathon Events Ltd has also joined forces with the Foundation.

    From next month, a strategic lead and two part-time staff will be working in the London Marathon offices to encourage every primary school in London’s 32 boroughs to run The Daily Mile.

    Sir Mo Farah, who will be running this year’s London Marathon on Sunday April 28, said The Daily Mile was a brilliant and easy way to get kids moving.

    “I am a dad of four and I encourage my kids to be active every day,” he said.

    So far, about 3,500 schools in England take part in The Daily Mile. The vision, though, is for every school - all 20,000 of them - to be involved.

    “This will put rocket boosters under the campaign,” said The Daily Mile’s founder Elaine Wyllie. “It’s absolutely incredible and we are very grateful for the support. They are going to help us roll out The Daily Mile and try to reach every child in England.”

    Sport England decided to throw its considerable weight behind the campaign to raise healthier, fitter and slimmer children after publishing the largest childhood measurement survey of its kind – the Children’s Active Lives Survey 2018 – which showed that more than 2.3 million children in England do less than 30 minutes of physical activity a day.

    “It was the strongest evidence yet that not enough was being done to support our youngsters, and that change were needed if we were to increase activity levels,” said Tim Hollingsworth, Sport England CEO.

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    "The support of Sport England will put rocket boosters under the campaign" – Elaine Wyllie


    5. Royal blessing

    Over the years thousands of parents have witnessed the positive effects of The Daily Mile.

    Last month it was royalty’s turn to see how a child’s physical health can affect his or her mental well-being.

    The Duchess of Cambridge was at London’s Lavender Primary School as the pupils headed outside to complete 10 laps of the playground during their 15-minute break from the classroom.

    She was there as patron of Place2Be, a leading UK children’s mental health charity, to mark UK Children’s Mental Health Week.

    The Duchess later shared her experience on the Kensington Palace twitter feed, endorsing the positive benefits of The Daily Mile (@KensingtonRoyal).

    Headteacher Jodie Corbett, whose school has been running The Daily Mile for some time, said it was a once-in-a-lifetime experience.

    “It is one which we will all cherish for a long time to come,” she said.

     

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    FACTS:

    1.78m +
    Number of children running The Daily Mile around the world

    0
    The cost of joining The Daily Mile. It’s free, simple to implement and the children love it

    15
    The number of minutes children should spend outside running, or walking, The Daily Mile at their own pace

    2030
    The UK government wants to halve childhood obesity by 2030 and believes The Daily Mile will be key to helping to achieve that

    7 minutes read Issue 15
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    The Wind in their Sails

    So it was only a matter of time before it looked for an equally exciting adventure to show them what they were truly capable of – at sea.

    The challenge was the chance to race 16 other vessels from Liverpool to Dublin on board a 125ft tall ship.

    The Merseyside Adventure Sailing Trust’s Apprentice Ship Cup is billed as a life-changing adventure, one that strengthens character, fortitude and self-confidence- and with thrill-seeking Jim Ratcliffe at INEOS’ helm, that was always going to appeal to the company.

    “Climbing the 95ft masts while the ship is at sea certainly gets the blood pumping,” said Jacob Dossett, one of the three INOVYN graduates who competed in the race.

    To give its graduates a taste of what might be expected in the race, INOVYN had arranged for them to meet the captain of a tall ship berthed at Liverpool Docks.

    “We wanted them to see for themselves the vessel that they would be spending the best part of a week on,” said Brian Turner, INOVYN Learning & Development Manager.

    When they got back to the office, all were keen to join the ship’s crew for the challenge.

    “Unfortunately, the timing meant some of our graduates already had commitments that couldn’t be changed,” said Brian. “But three of our graduates signed up.”

    For almost a week Rob Raven, 25, Jacob Dossett, 24, and Josh Murray, 24, with the other crew members worked in shifts around the clock to steady the ship, remain on course and stay motivated.

    “It was good fun pulling together especially when the weather was challenging,” said Jacob. “All three of us worked a 12-hour stint to keep on course when many other members of the crew were down with sea sickness.”

    For Rob, adapting to working with a team of mixed abilities and motivation was the biggest challenge.

    “It was hard but being thrown into such a mixed team helped me to develop team working, networking and leadership skills,” he said.

    All three are now back on dry land – and have done themselves and INEOS proud.

    They were aboard the TS Morgenster, a 99-year-old former deep sea vessel, which finished the race – the initial leg of the Tall Ships Regatta – in first place.

    “It was amazing to win,” said Jacob. “But we could not have done this without INOVYN’s support. It was paid for, organised and driven by the INOVYN team.”

    The three also shared the award for the best trainee on board.

    “Normally there is only one award but the captain and professional crew could not distinguish between them, so they got one each,” said Tony Moorcroft, INOVYN HR Director.

    But the good news did not end there.

    The Merseyside Adventure Sailing Trust weren’t only impressed with the quality of INEOS’ graduates. They rather admired the company’s ethos too – and at the recent awards ceremony at Liverpool’s Merseyside Maritime Museum, INOVYN was awarded the Apprentice Ship Cup for 2018. “That was a big surprise,” said Brian.

    The Cup recognises the importance of the role played by the sponsors – and the work they do behind the scenes to support their graduates and promote the event.

    INOVYN won it for a combination of the graduates’ attitude together with the professional dealings with Brian and Procurement Manager Joanne Skyner.

    INEOS is gaining quite a reputation among graduates – both inside and outside the company.

    Those who join INEOS know that a real job, training and incredible experiences await them from day one.

    “It is starting to set us apart from other companies,” said Brian.

    In May this year, INEOS will once again take a group of its 3rd year graduates to Africa to embark on a 250km run and cycle through the untouched Namibian desert.

    “We love challenges like these because it is an opportunity to take the graduates into a very different environment and test their ability to adapt quickly,” said Brian. “These opportunities also help them to discover what unique qualities they have and show them what they can achieve by working as a team.”

    Not only has the experience on board the TS Morgenster shown INOVYN’s graduates the importance of communication and teamwork, they have also learned a thing or two about sailing and that the best way to a happy crew is to keep everyone fed and watered.

    “The whole experience has definitely brought us all closer together,” said Josh. “And that’s really useful given that we share an office.”

    5 minutes read Issue 15
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    Go Team Momo

    This spring, INEOS Phenol in Gladback have been eagerly following the progress of apprentice Mohamed "Momo" Chahine on "Deutschland sucht den Superstar", the top German TV talent show, where he has qualified for the live show voting rounds.

    A talented singer, Momo only really started singing seriously at 18, and has surprised both himself and his colleagues by making it so far in the tough competition. He has a very large fan club at work, where INEOS has produced t-shirts for his many friends and family to support him in the spotlight.

    He says, I am incredibly grateful to INEOS – the company has supported me in every possible way. In particular I would like to thank my trainer Christian Schulz and my manager Benie Marotz, who have both always been there for me and supported me.

    We'll be wishing him luck and cheering him on for through the live rounds.

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    1 minute read Issue 15
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    INEOS GO Run For Fun back on tour

    Look out for events in schools around your area, many of which will be asking once more for the assistance of INEOS and local volunteers to marshal and cheer the children around their 2km runs. This year's tour will take place in the same international locations as previous years, with participation numbers still growing, and will feature new events in Tavaux, France (24th May) and Stavanger in Norway (5th September).

    Some of the events this year will have record numbers of participants. In France, the INEOS GO Run For Fun Sarralbe event on 28th May, will have over 4,000 children running, while there will be over 3,000 children at Lavera's October event and 2,000 children at both Lillo and Feluy's Belgian events in June and September.

    On 20th June, the annual flagship event will be held at London's Battersea Park, where over 4,000 children from across the capital and further afield will take on a fun run course - and attempt to set a warm-up dance world record. A few weeks before, the GO Run For Fun team in Italy will have celebrated the 300,000th participant at an event in Rosignano.

    Amidst this continuing success, the charity is next looking to increase the reach of participation by trialling an "Event in a Box" programme, allowing schools to host their own GO Run For Fun runs. INEOS GO Run For Fun has also partnered with the Solomon Trail Running Festival to pioneer youth trail runs across the UK.

    More information and the full schedule of events can be found on

    www.gorunforfun.com

    2 minutes read Issue 15
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    Team Sky to become Team INEOS

    From May 1, INEOS will become the sole owners of the team, who have enjoyed unprecedented success and inspired millions of people to cycle regularly.

    In a tweet, Chris Froome, who has won four Tours de France for Team Sky since 2013, said: “So excited that we as riders and staff will be able to continue on together for 2020 and beyond. Looking forward to continued success as Team INEOS.”

    INEOS Chairman Jim Ratcliffe said INEOS was delighted to take on the responsibility of running such a professional team, who have amassed 327 victories, including eight Grand Tours.

    That responsibility will pass to INEOS ahead of the Tour de Yorkshire, which starts in Doncaster on May 2.

    Team Principal Sir Dave Brailsford said it heralded the start of a hugely-exciting new chapter for the team.

    “In INEOS, I know we have found the right partner whose vision, passion and pioneering spirit can lead us to even greater success on and off the bike,” he said.

    Over the past few years INEOS has been running its own Tour de France Challenge for staff.

    Each year teams of up to 20 are invited to complete each stage of the world’s most famous cycle race.

    The only difference is that as the real riders chase each other through the French countryside for the coveted title, INEOS’ teams squeeze in their mileage before, during or after work. Now they will also have a vested interest in a team on the road to watch as well.

    3 minutes read Issue 15
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    Back to the desert

    The 29 graduates selected will be the largest group yet, and have been training hard over the past year to ready themselves for the adventure. Spread across Europe and North America, the team have encountered a variety of conditions in their training- particularly this winter- but will be guaranteed to face 7 days of intense heat and wind as they battle the sand, the rock and the elements.

    The journey began a long time ago, however. Preparation has been thorough, with each graduate having completed at least two training marathons and two mountain biking events- alongside months of running, gym, strength and conditioning. The graduates have been supported by John Mayock, INEOS' Head of Sports and mentors from last year's event, as well as nutritionists CorePerformance and African guides Gregg Hughes and Phill Steffny, who will lead them through the desert. This year, the group will also be supported by senior managers Hans Casier (CEO INEOS Phenol) and Gordon Milne (Operations Director INEOS Grangemouth) who will take part in each kilometre of the challenge alongside them.

    inch-15-the-desert-inline-min.png

    To find out more about the trip, and follow the daily blog when the graduates arrive on 15th May, please see www.in-nam19.com

    3 minutes read Issue 15
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    A weight off their minds

    If you want to weigh up what change can do, take a look at Mely Scheidegger and Allan Slater. Both have lost weight thanks to INEOS' Energy Station.

    Allan lost 14st (89kg) in three years; Mely shed over 3st (22+kg) in just six months. “We are proud of both of them because change takes grit, determination and perseverance,” said John Mayock, who founded The Energy Station.

    But Mely’s goal was never to lose weight, despite being about 15st (96kg).

    “I had been thin when I was younger, so I had no problem being fat,” she said. “I felt fine the way I was.”

    But her mindset changed after a disastrous trip to Machu Picchu in the Andes Mountains in Peru with her daughter and nephew.

    “When I got there I realised how unfit I was,” she said. “It was so bad, I almost had to pay to be flown back down to Lima.”

    It was the wake-up call she needed. At 63, and with plans aplenty for once she’d retired, she realised she needed to be fitter.

    Energy Station coach Bram Boeve, who also now works for INEOS Football SA, stepped in to help. “It was as though the stars were aligned,” said Mely and Bram. To blame was Mely’s lifestyle.

    Although she didn’t smoke, rarely drank alcohol, and didn’t snack throughout the day, she was simply eating too much – and too much of the wrong foods at the wrong time.

    “I didn’t use to bother with breakfast and then I would eat food that was quick and easy once I had got home from work,” she said.

    Bram gave her tips on how to balance her diet: cut down on the amount of carbohydrates such as pasta and mashed potato, eat fewer proteins and choose more greens.

    She also worked out three times a week for 30 minutes at the INEOS gym in Rolle, Switzerland, where she is a senior financial accountant for INEOS Group.

    The advice and exercise programme, put together by Bram, worked. Within weeks Mely stated to crave healthier food instead of pasta, and was buying, cooking and enjoying fresh food from local farms, sharing her findings with anyone who would listen..

    Other benefits followed. Her health, fitness and outlook on life improved, and old clothes, which she’d worn when she was slimmer, had come back into fashion. “Her transformation has been amazing,” said Bram.

    Meanwhile, Allan embarked on his quest to lose weight in 2015. First he looked at how much he was eating and decided to cut out salt and sugar.

    But he did not join INEOS’ gym in Grangemouth, Scotland, where he works in engineering support, until late 2017 because he feared he was too heavy to do any exercise.

    “I actually thought exercising at that point could have been far more detrimental to my health,” he said

    Today, both Allan and Mely are shadows of their former selves – and much happier.

    inch-15-weight-inline-min.png

    Mely shed over 3st (22+kg) in just six months

    Allan lost 14st (89kg) in three years

    3 minutes read Issue 15
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    Fitness initiative runs smoothly

    They have been regularly funding and organising GO Run For Fun events for the past four years.

    “The first-ever Go Run For Fun was so well received by the pilot schools that INEOS decided to keep it going but unfortunately, we couldn’t find a company that could run the events for us,” said Kathryn Shuler, who is based at INEOS’ O&P site in Texas.

    So INEOS O&P USA did the next best thing. It founded a children’s health and education charity which now raises money to host the runs, delivers the runs, enables schools to buy materials for special projects and helps out in the event of local disasters, such as Hurricane Harvey.

    So far, INEOS vendors and employees have contributed $650,000 through fundraising events and direct donations, with proceeds funding GO Run For Fun and other events. Teams from INEOS Oligomers, O&P USA, Oxides and Styrolution have staged more than 70 fun runs for over 45,000 children. The foundation has also donated $75,000 to schools in support of educational programmes and more than $15,000 for disaster relief.

    “We want our communities to be full of healthy, educated kids,” said Kathryn. “So our mission is to work with teachers and schools to help children to become more physically active and educated.”

    About 20% of children in Texas are classed as overweight.

    “Local employees are key to the foundation’s fundraising efforts,” said Kathryn, Executive Director of the foundation.

    Some might make a one-off donation to a specific campaign; others contribute on a monthly basis through their wages.

    Other staff highlight forthcoming fundraising events to vendors and another group of employees regularly volunteer to help at fundraising events.

    Working closely with Kathryn are Lori Ginsburg and Sara Cassells. Lori’s job is primarily marketing and fundraising; Sara’s in charge of logistics.

    “Inactivity is at an all-time high and our kids need exercise,” said Kathryn. “INEOS employees, vendors, and the ICAN Foundation are here to help.”

    3 minutes read Issue 15
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    INEOS charity appeals: Pete’s Story

    "Everyone has a genetic twin somewhere out there," he said. "I am just still looking for mine."

    Pete, who lives in the Cheshire village of Bunbury, which is also home to INEOS’ Communications Director Tom Crotty, was diagnosed with myeloma in March 2017 - just six months after he had completed one of the toughest triathlons in the world.

    He had gone to the doctors complaining of backache after the Ironman Wales Triathlon and was told he had seven years to live.

    “I just didn’t see it coming,” he said. “I had no history of illness. And even to this day, I look at myself in the mirror and acknowledge that on the surface, all may look in hand but beneath my skin, there is a battle going on. My body is attacking itself.”

    The disease has affected 41-year-old Pete’s immune system.

    But a donor’s healthy stem cells could be transplanted into his body to give him a new one – and effectively change his life.

    “What you realise is that we all have a connection, not just to our immediate circle of friends, but to each and every person on this planet,” he said. “We have so much more in common with one another than not.”

    Anyone between the ages of 18-55 and in general good health can become a potential blood stem cell donor.

    For more information about DKMS, which is an international, non-profit organisation, go to: www.dkms.org/en

    2 minutes read Issue 15
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    Global Thinking

    INEOS shares many of Dame Ellen MacArthur's views on how to help tackle the plastics issue and has recently announced its own global plastics pledge to move towards a more circular economy for plastic packaging.

    INEOS has thrown its considerable weight behind global efforts to create an economy in which plastics are reused over and over again.

    It has joined with other leading businesses and governments from across the world who want to transform today’s take, make, dispose economy into one where plastics are designed to be used over and over again – and, in doing so, retains their value and keeps them out of the ocean.

    INEOS has agreed four key pledges to be met by 2025.

    “This isn’t just a PR exercise,” said Peter Williams, Group Technology Director for INEOS. “We are global leaders working on solutions to address a part of the root causes of plastic waste and pollution. Everyone has a role to play in helping to tackle this issue, Government, industry, NGOs and the public, worldwide. We are doing our bit.”

    Plastics play a fundamental role in modern life. They have transformed many of the applications in which they are used – for the better.

    For example, lighter stronger vehicle components mean safer transport requiring less fuel or power. Packaging that protects and preserves food, reducing food waste and the need for preservatives. Sterile packaging helps to improve healthcare in cities and inaccessible parts of our world whilst insulation makes modern buildings far more energy efficient.

    INEOS produces high-value plastic that transforms lives for the better.

    100% of INEOS polymers are recyclable, but currently, only about 14% of plastic gets recycled. Much of it ends up in landfill.

    The cost to the environment is huge and has been widely reported.

    But, according to a report by the World Economic Forum and Ellen MacArthur Foundation, plastic packaging waste also costs the world economy about $80 billion every year.

    As part of its commitment to a New Circular Economy, INEOS has set itself four ambitious targets to meet by 2025.

    We think it is possible – through innovation and partnership – to retain the value of plastic but rethink the way we produce, use and recover it at the end of their life.

    “We want to inspire others and we are leading by example,” said Tom Crotty, INEOS Director of Corporate Affairs.

    INEOS is already making progress.

    It is currently working with brand-owners to simplify packaging design to make it easier to recycle.

    And it is working with waste companies to explore the opportunities of mechanical and chemical recycling of plastics, and its own polymer scientists to find new products that can be made with larger amounts of recycled product without losing any of the quality.

    “Plastic has no place in landfill and certainly not in our seas,” said Tom. “It not only has a detrimental effect on the environment but it is also a terrible waste of a valuable resource that should be collected so that we can recycle it.”

    In this edition, INCH focuses on how plastics have changed the world for the better, what the plastics’ industry is doing to combat plastic pollution and INEOS’ innovative efforts to ensure plastic remains the material of choice for the 21st century.

    Sir Ben Ainslie works with INEOS on its plastic pledge: Pages 6/7

    3 minutes read Issue 14
  • inch14_plastics-pledge.jpg

    Sir Ben works with INEOS on its plastic pledge

    SIR Ben Ainslie believes industrial companies, like INEOS, will be the ones to solve the problem of plastic pollution.

    "They understand the problem better than anyone else and they can really make a difference,” he said in a TV interview with the UK’s Good Morning Britain. “And I know they are doing everything they can to tackle this.”

    Sir Ben, who recently began campaigning with wife Georgie for better education to save our seas, was responding to a question from TV presenter Susanna Reid about why he had teamed up with INEOS to try to win The America’s Cup.

    “It’s a weird situation you are in because your sponsor INEOS is a chemical company and plastics producer,” she said. “And both Friends of the Earth and Greenpeace want INEOS to be banned from The America’s Cup.”

    But Sir Ben, who is Britain’s most successful sailor in Olympic history, said that was one of the main reasons for partnering with INEOS.

    “What better way to tackle this issue than go straight to the manufacturers,” he said.

    “I know INEOS are committed to a ‘circular economy’, where all plastic can be recycled and reused. And I believe that working with INEOS I can make a significant difference.”

    He added: “I think I have the best chance to bring The America’s Cup home for the first time in its history, and at the same time I know I can do something to help address plastic in our seas.”

    Sir Ben’s wife Georgie told Ms. Reid that innovation and technology would solve this global challenge.

    “It is not just people at home not using plastics straws or plastic bags,” she said. “It is going to come down to companies, like INEOS, and those big corporations to think big and really want to tackle the problem, and we know that they do, which is a huge, huge relief.”

    Sir Ben goes for gold: Page 14

    2 minutes read Issue 14
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    Plastic can be fantastic

    PLASTICS are fundamental to modern life but plastic waste is an issue in sharp focus, like never before.

    Campaigns calling for cleaner seas are sweeping the world.

    The need to tackle marine litter is now on everyone's radar.

    Powerful images of children playing on mountains of discarded plastic bottles and sea turtles, mistaking plastic for food, are all around us.

    As one of the largest producers of plastic in the world, INEOS is as horrified as anyone at these images and the rising tide of plastic filling our oceans.

    But plastic is not evil. Plastic waste is evil, especially when it is badly handled.

    So giving up on plastic is not the answer. What’s needed is a wave of change.

    We believe it is not about saying no to plastic but saying no to throwing away plastic.

    We also need to talk about how that rubbish ended up in those rivers, on beaches, and in the ocean and what we can do about it.

    Plastic is valuable. Just like glass, metal, and paper.

    It has changed the world like no other material and is fundamental to everyday life.

    But it is hardly ever associated with sustainability, and how it has saved lives. And that is frustrating.

    Plastic packaging, which keeps food fresh without preservatives and protected, free from bacteria, has also transformed the food industry by making it possible for people in developing countries to raise their living standards by exporting food cheaply to the developed world, with significant benefit to their economies. Trade, which is growing thanks to plastic, is better than aid.

    Car body parts, dashboards, bumpers, engine parts, and fuel tanks are all made from plastic to maintain their strength but, at the same time, reduce the weight of cars.

    And similar items are enabling aerospace companies to make planes, trains, and lorries lighter and more efficient.

    That means transport needs less fuel causing less pollution, reducing emissions of carbon dioxide and costs.

    Even electric cars use less power the lighter they are.

    Another result is fewer deaths and injuries on the roads because of the use of plastic in things such as car body parts used as ‘crumple zones’ and in airbag technology.

    Your mobile phone, your iPad, your computer are all lighter, smarter, smaller and more durable, again thanks to plastic. Heart stents, catheters, syringes, blood bags, prosthetics, pill casings, MRI machines, incubators, dialysis machines, sterile pharmaceutical packaging, and operating theatres are all made of plastic. So too are mosquito nets, disease treatment kits, and water purification pouches, all needed when natural disasters strike.

    The rotor blades and components for wind turbines are tough enough to withstand rough weather, on and offshore, because they are made of plastic.

    Traditional materials, such as steel, are simply nowhere near as efficient.

    In the early days of the industry, steel blades were shown to fail after only a few hundred hours of operation.

    In some parts of the world, such as Mexico City, plastic pipes have been a godsend, bringing people clean, drinking water along durable pipes that were cheap and easy to install.

    Plastic is all around us. In buildings. In electrical goods. In underground pipes. In clothes and shoes. In toys. In contact lenses. In inhalers. In the cash in our wallets. Even in people.

    Plastics are also now making great headway in enhancing the quality of life through implants, replacing worn-out hips, knees, even teeth.

    To replace plastic with alternative materials would actually be a retrograde step that would be bad for the environment.

    It takes more energy to make something out of steel, or glass, for instance, than it does plastic.

    That results in increases in greenhouse gases.


    Working With Others

    All the plastic INEOS makes can be recycled. But recycling becomes difficult when different plastics – and there are more than 50 types of polymer – are combined by manufacturers to make highly efficient but complex packaging.

    That needs to be simplified if we are to improve the amount of plastic that can be recycled.

    We are now working with packaging designers who blend those polymers for superior properties but, in doing so, make it harder for their products to currently be recycled.


    Improving the Quality of Recycled Plastic

    There are issues too with recycled plastic. It can be used to make drainage pipes, bridges, fences, signs, seating, bin liners, and kerb stones to name a few but the quality of it can be a problem. Often it doesn’t look, feel or perform as well as non-recycled plastic. People don’t like it. More importantly for applications such as packaging, that comes into contact with food and drink, it is important to know where the plastic has come from.

    We are working on these aspects so that one day recycled plastic or products made from recycled plastic will have the same or similar properties to virgin polymer.


    Tackling the World’s Plastic Waste Mountains

    Sadly only a fraction of the tonnes of plastic currently produced in the world is recycled or burned to recover their energy.

    The rest ends up as landfill.

    And that, particularly in Asia, is a major contributor to marine litter.

    Last year China, which was previously the world’s biggest importer of plastic waste for recycling, closed its borders.

    Europe and its Member States now have to rethink regulations and policy to encourage investment in their own plastic recycling technology, to deal with the issue closer to home.

    But mountains of rubbish have already been exported from Europe to China and other parts of Asia – where there is no infrastructure to cope with their own waste let alone waste from other countries.

    The rubbish is stored in huge, open landfill sites in densely-populated areas close to rivers where it often ends up before being carried into the ocean.

    In December 2017, it emerged that just 10 rivers carry a significant amount of the plastic waste polluting our oceans.

    Two are in Africa; the rest are in Asia.

    The worst of these is the Yangtze River in China, which researchers revealed can carry up to 1.5 million tonnes of plastic into the sea every year.

    Governments around the world need to help Asia tackle this mounting problem.

    And Europe needs to stop exporting its waste to these countries because, quite simply, it is irresponsible.

    We should be finding our own solutions to the problem of what to do with all our unwanted plastic.


    The Holy Grail

    One of the most exciting projects, which INEOS is now working on, could rid the world of all plastic waste by diverting it from landfill sites to chemical plants where it can be used as a raw material.

    Currently, only certain types – and clean – plastic can be recycled. But we are trying to develop the technology with others to take plastic back into its original, chemical form. In essence, the very molecule it used to be.

    That will mean waste plastic will become a valuable raw material.

    If it were easy, it would have been done already. We have already tried. In 2012 we invested hundreds of millions of dollars into INEOS Bio, which attempted to convert household waste into ethanol that could have produced ethylene for the production of plastic.

    But INEOS is a company which thrives on innovation and has a history of achieving the impossible.

    That said, no one should underestimate the importance of what we are trying to do.

    It is seen as the holy grail because it will mean we can create a truly sustainable world.


    Zero Tolerance

    Of course, there will always be those who drop litter even if every piece of plastic can be recycled.

    So we all have a role to play to make sure plastic is not littered and governments need to get tough with offenders. Adopt zero tolerance policies.

    It is a global issue and governments need to work together.

    We need a cultural change – and education is at the heart of it.

    We all need to be aware of the damage that is being done to the world’s oceans.

    In the meantime, as we seek solutions to this global challenge, we are getting our own house in order through Operation Clean Sweep®, which is designed to ensure that none of our plastic pellets at our production sites or in the supply chain, end up in the ocean.

    It is an ambitious ‘to do’ list. We intend to do it.

    4 minutes read Issue 14
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    INEOS creates a wave of change

    INEOS thrives on innovation.

    It likes to show the world what's possible especially when others say it cannot be done.

    In 2012 it built the first commercial plant in the world using technology it had developed to turn household waste into renewable energy and advanced biofuel. The bioethanol from waste could also have been used to produce plastic.

    The Indian River County BioEnergy Centre in Florida also produced enough energy to run the plant and power up to 1,400 homes in the area.

    The technology worked at laboratory and pilot scale but INEOS Bio could not make it economically viable at commercial scale.

    Peter Williams is Group Technology Director at INEOS.

    “INEOS has always seen the value in taking waste and making it into something else,” he said. “But we won’t do something if we need more energy to recycle the waste than we did to make the product in the first place. If it’s not better for the environment, we won’t do it. It must pass that test.”

    In another project, more than 70% of Greater Manchester’s household rubbish no longer goes to landfill. It is diverted to INEOS’ site in Runcorn in the UK where it is used in a combined heat and power plant to produce electricity and steam.

    “If we cannot recycle it, we can at least recover the energy from it,” said Peter. “But that’s a backstop. We want to find more efficient ways to recycle the waste.”

    And that is now on the cards.

    INEOS is currently in partnership with five or six technologies that would mean every molecule of plastic waste could be turned back into its original, chemical form.

    “We are working with a number of businesses to find a solution,” said Peter.

    INEOS is just as concerned as the public about plastic in the environment. This is a way to realise the value of plastic time and time again. If waste plastic is valued as a raw material it is less likely to be thrown away.

    “We are looking at a number of different solutions with some overlaps,” said Peter.

    Pressure on INEOS to act swiftly, though, is also coming from the top. From INEOS Chairman and Founder Jim Ratcliffe.

    “He is very keen to be kept informed about what we, and the industry, are doing about it,” he said.

    INEOS is doing a lot. Through partnerships and innovation, it is seeking solutions to the issues.

    It is working in partnership with packaging companies and brand owners to rethink packaging design to help improve recycling rates. Currently, it can be difficult to recycle packaging because it is a blend of different polymers.

    It is trying to improve the quality of recycled plastic, innovating with its polymer experts. It is developing polymer grades that can take increasing amounts of recycled product without degradation of properties.

    It is looking at producing top quality plastic with 50% oil and gas – instead of 100% – and blending it with 50% waste plastic, thus reducing its dependence on fossil fuels.

    “100% of plastic is recyclable,” said Peter.

    INEOS strongly supports a transition to a circular economy, where the benefits of plastics (and other products) are maximised, and the negative environmental impacts are minimised.

    “It makes environmental and business sense,” said Peter. “We are committed to supporting this transition where plastic is no longer discarded as waste but treated as a valuable material that can and is successfully recycled.”

    Petra Inghelbrecht, Global Sustainability Manager, at INEOS Styrolution, said the vital contribution plastic had made to the modern world was often overlooked.

    “Plastic has changed the world for the better, like no other material,” she said. “But it is hardly ever associated with sustainability, or how it has saved lives. We believe it is not about saying no to plastic but saying no to throwing away plastic.”

    But Peter adds others need to play a part too.

    “We need more collection, separation and sorting facilities,” he said.

    5 minutes read Issue 14
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    Plastics industry’s ambitious ‘to-do’ list

    They have also pledged - as part of a voluntary commitment - to do more to stop plastic waste ending up in the environment and find alternative raw materials to oil and gas.

    As part of Plastics 2030, PlasticsEurope has established three European platforms – Vinyls Circular Solutions, Styrenics Circular Solutions, and Polyolefin Circular Economy Platform – to bring together organisations that can help bring about change.

    An independent panel made up of representatives from academia, the European Commission and the European Parliament will regularly monitor and report on progress.

    For INEOS, one of the world’s leading producers of plastic, it is not waiting to show the world what it is already doing – and what it intends to do.

    “The public often think we don’t care about plastic pollution, but we care massively,” said Tom Crotty, INEOS’ Director of Corporate Affairs. “Plastic waste in the ocean is totally unacceptable. But plastic is not evil. Plastic waste is evil. And that needs to be said. Maybe it is now time to fight fire with fire. We have got to get out there and tell people what we are doing.”

    As public outrage over marine litter continues to grow, so too does INEOS’ frustration that its voice often goes unheard, its message of hope drowned out by those calling for all plastic to be banned.

    “It can be really frustrating when politicians make cheap political points because even among plastic producers, plastic pollution is the only topic of conversation at the moment,” said Tom.

    He believes the targets – set out and agreed by plastics producers in Europe – are all achievable.

    “That’s not to say that they aren’t challenging,” he said. “But there is no point in setting easy targets. It also hopefully shows that we are concerned about doing the right thing. This is the industry talking. This isn’t being forced upon us by governments.”

    INEOS O&P, INOVYN, and INEOS Styrolution are already working on solutions to the problems set out in Plastics 2030.

    But they are also going beyond this to make its own pledges that will be achieved by 2025.

    “INEOS is really good at finding innovative solutions to the big issues,” said Tom. “As an organisation we are able to make decisions very quickly because we don’t have to go through hundreds of committees.”

    The company has already met one of the targets. All of INEOS’ plastic can now be recycled thanks to a decision it made several years ago to remove certain additives.

    For INEOS, the most difficult areas will be those over which it has no control – what happens to the plastic once people have finished with it.

    “Plastic waste is bad when it is badly handled,” he said. And in parts of Asia, it currently is. “That is where our focus needs to be,” said Tom. “We are looking at how we can support industry initiatives to help prevent waste from reaching the rivers. Even if we just put fences around these landfill sites as a temporary measure, it would help.”

    Another part of the industries goal is to reduce marine litter, one of today’s biggest environmental challenges.

    INEOS is already signed up to the global plastic industry’s Operation Clean Sweep®, an international initiative to stop the pellet loss into the world’s oceans and rivers.

    Recently it has worked across the entire industry and supply chain at the Port of Antwerp where there was a co-ordinated clean up across the port.

    The project has made an impact and other EU ports are expected to follow Antwerp’s lead. With plastic waste now firmly at the top of the political agenda, Tom hopes the value of plastic to society will not be forgotten in the rush to ban certain plastics.

    “Plastic is everywhere and we are massively reliant on it,” he said. “It is in cars, computers, phones, clothes, medical equipment, and planes.”

    Plastic pipes, he said, had transformed some of the poorest parts of the world, bringing them clean water along pipes that were cheap and easy to install. “To those people, plastic has been a godsend,” he said.

    4 minutes read Issue 14
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    There is no second to lose

    THE most successful sailor in Olympic history is leading the British challenge to win one of the oldest trophies for the most competitive yacht race in the world.

    INEOS will be there to make sure he can access the best technology to build the best boat at the start line in three years’ time. But then it will be up to Ben Ainslie to bring the cup back to Britain.

    Sir Ben, who has won four Olympic golds and one silver, and has been world champion eight times, described INEOS’ offer to support the team, including the cost of the two boats necessary to compete in The 2021 America’s Cup as an amazing boost for British sport.

    With backing from INEOS and the team that has been brought together, he said, Britain had its best-ever chance to win sailing’s most coveted trophy for the first time in the race’s 167-year history.

    “Britain has never won the trophy, despite founding the competition and despite trying many times,” said INEOS Chairman Jim Ratcliffe. “With the team we have assembled, we believe we can get a fully competitive boat to the start line. After that, it’s all down to the fine art of sailing.”

    INEOS TEAM UK will be representing the Royal Yacht Squadron, the very club which challenged the New Yorkers to that very first race in 1851.

    “We are very much looking forward to winning back this oldest international yachting trophy,” said Jamie Sheldon, Commodore, Royal Yacht Squadron.

    INEOS’ decision to invest £110 million was made after a mutual friend arranged for Jim and Ben to meet in a pub in London.

    The conversation inevitably turned to the elusive America’s Cup, often described as the Formula One of sailing. Later that evening – after what turned out to be the most expensive gin and tonic in history – they parted company.

    The next day Jim rang Ben to offer him all the money he and a crew would need to win back sporting’s oldest trophy. “It was fantastic,” said Ben. “But I was a little taken aback.”

    The challenge was too great an opportunity for INEOS to let slip by. And Jim sensed Ben had the tenacity, the skill and the desire to win.

    With the money in the bank, the team can now focus on building a boat to outmatch and outsmart their rivals.

    “There is a lot of pressure,” said Ben. “But there is a desire among the team to be part of something successful, a desire to win. We all feel it is about getting the job done.”

    INEOS’ investment is the largest ever made by Britain in an America’s Cup challenge.

    “We have taken on many serious projects in the past but none more exciting than this,” said Jim.

    At a press conference at The Prospect of Whitby, London’s oldest riverside pub, Jim described Ben as the Usain Bolt of sailing.

    “To be successful in The America’s Cup you need a great driver, a very experienced designer, and team and to be fully funded,” he said. “It is a marriage between very sophisticated technology and sport.”

    INEOS will be bringing together the world’s best designers, boat builders, engineers, and manufacturing know-how to support Ben as he and his team try to develop the fastest carbon fibre foiling monohull yacht in the world.

    And that matters.

    For what all previous winners have shared in common has been the resources to innovate.

    Britain’s challenge will consist of two, 75ft yachts designed by New Zealander Nick Holroyd, who was one of the architects behind his country’s winning boat in the last America’s Cup.

    Ben will skipper the yacht, which could reach speeds of up to 60mph, and British Olympic sailing champion Giles Scott will be the team’s tactician.

    INEOS TEAM UK’s CEO is America’s Cup legend Grant Simmer, who has competed in 10 America’s Cups and won four. His most recent victory was in 2013 when the Oracle Team USA – with Ben as tactician – managed to fight back from an 8-1 deficit to win the trophy.

    “We want to do everything we can to bring this trophy back to Britain where it belongs,” said Jim.

    americas cup


    Older and Wiser

    NEW Zealand will be the setting for the 2021 America’s Cup.

    Sir Ben Ainslie will be 43 when he takes the helm of the INEOS-backed boat and negotiates the 40-minute fixed course off Auckland in a series of races.

    Is that considered too old?

    No, says Ben. What matters is experience. How to handle the yacht when the going gets tough. “The guys doing all the grinding need to be fit and they will be all be in their mid to late 30s,” said Ben.

    For Ben, it is the ultimate team sport where everyone has a clear and important role to play.

    That said, there is room for one other. And Jim Ratcliffe could very well find himself being offered that slot.

    “Without a doubt, Jim would have made a great sailor,” said Ben. “He is tough physically, he is focussed and has the desire to win.”

    Thankfully the 12th crew member does not have to do anything other than observe the 11 crewmen in action. So all Jim would need to do is hang on. Tightly.

    How America Won the Cup

    THE USA has dominated The America’s Cup for years.

    But Ben Ainslie said it was little wonder because the winner can change the rules – and America did so. Often.

    “They insisted that all competitors had to sail to the start of the race, which meant sailing across the Atlantic,” said Ben. “For that, you needed a heavier boat to withstand the journey, so they had a stranglehold on the competition.”

    America successfully defended The America’s Cup for 132 years.

    Finally, their run ended in 1983 when America lost the trophy for the first time when Australia II defeated Liberty off Newport, Rhode Island.

    “Since then the Swiss, Australians and Kiwis have held The America’s Cup, affectionately known as the ‘Auld Mug’,” said Jim. “But we think it’s time to bring it home.”

    4 minutes read Issue 14
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    Geared up for change

    INEOS' plan to build the world's best 4x4 was hatched over a pint in the pub.

    INEOS Chairman Jim Ratcliffe was mourning the demise of the Land Rover Defender at The Grenadier pub, a short walk from INEOS' headquarters in London when conversation turned to the possibility of building their own.

    That dream is now very real.

    “It has become an adventure story in itself,” said Jim.

    INEOS Automotive - a standalone company formed within the INEOS family to drive the project and, with it, new growth - now has a senior management team of experts and off-road enthusiasts from across the world with decades of manufacturing, engineering and adventuring experience between them.

    They also have a worthy mission: to build an all-new uncompromising 4x4 and spiritual successor to the discontinued Land Rover Defender.

    “We want to keep it as simple as possible in the modern world so that you can repair it in the field,” said Jim. “But what we do want is to do is work a bit on the quality of the engineering and reliability.”

    INEOS is not intending to resurrect the Land Rover Defender. It is building an all-new 4x4 vehicle from the ground up, which meets all current safety and legislative requirements. It will be a robust, no-nonsense utility vehicle, with an emphasis on reliability, durability and peerless off-road capability. It will have its own name, more angles than curves, and have a wheel at each corner. It will not be a Defender.

    Jim and his team envisage a British-inspired, German-engineered, true working vehicle, which can drive cross-country, pull a plough, lead a safari, clear a minefield, cross a river and comfortably drive up to Buckingham Palace.

    “It will be about as classless as you can get,” he said. “A no-frills, uncompromising, off-road 4x4. Ideally, it will be a vehicle which you can hose down outside and inside, like the original Land Rover.”

    So far, no decision has been made where it should be built. But the location should be known early in the New Year.

    “We are not taking it lightly because it is pivotal, for our business, and for the local communities that would benefit from the new jobs we would be creating,” said Dirk Heilmann, CEO of INEOS Automotive and leader of Projekt Grenadier. “We will not be bounced into a premature decision by silly politics.”

    Tom Crotty, Director of Corporate Affairs, said INEOS had been bombarded with offers from car companies around Europe.

    “Some have got sites available or spare capacity,” he said. “And there are other
 car companies, which have got an existing plant and space on that plant and could make the vehicle for us. All we know is that this is a once-in-a-lifetime opportunity and everything is up for grabs.”

    Last year INEOS Automotive – led by
 Dirk Heilmann, formerly head of engineering and technology – officially launched the new Projekt Grenadier website at The Grenadier Pub in London.

    “We have been getting a remarkable number of emails from people all over the world supporting the project,” said Jim.
“It has been quite surprising.”

    A range of models are planned for sale across the world, including multiple wheel-base options,
 as well as diesel, petrol and hybrid engines to suit different markets. And it will be aimed at explorers, farmers, and off-road enthusiasts as well as city dwellers and adventurers alike.

    The interactive website invites 4x4 enthusiasts to share their own visions of the perfect off-roader.  www.projektgrenadier.com

    The Land Rover Defender

    Take Note, Cedric

    Jim Ratcliffe is hoping Cedric, The Grenadier pub’s infamous ghost might look kindly upon INEOS’ latest adventure.

    Legend has it that the young soldier was murdered there about 300 years ago after being caught cheating at a game of cards.

    Over the years visitors have attached currency to the ceiling to help him pay off his debt – and, in return, hopefully, receive good luck.

    Last year’s official launch of Projekt Grenadier, saw Jim pin a note to the ceiling of the pub to symbolise the beginning of a new Grenadier story.

    3 minutes read Issue 14
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    Jim’s stream of consciousness

    ICELAND is a place where nature reigns supreme.

    It is a volcanic island, sitting on the edge of the Arctic Circle, astride the North Atlantic Ridge that continues to push America and Europe apart.

    It is strikingly beautiful, wild, untouched and home to some of the best salmon fly-fishing in the world.

    INEOS Chairman and Founder Jim Ratcliffe, an expert fly fisherman, discovered that for himself when he first set foot in Iceland many years ago.

    What he also discovered, though, was that the North Atlantic salmon is a species under threat.

    Since then, protecting the Atlantic salmon, in one of the last remaining areas where they still thrive, has become his passion.

    “Everybody knows what a salmon has to go through to survive,” he said. “The scale of its journey across the Atlantic and up some of the world’s most intimidating rivers is scarcely believable. It survives in seawater and freshwater. It evades all manner of hungry predators at sea from seals and dolphins to sharks, only to arrive in the rivers to be confronted by rapids, waterfalls and rocks.”

    In collaboration with the Strengur Fishing Club, which provides the best quality fly-fishing in the world, Jim has initiated a string of investments to help protect the land, rivers, and salmon in North East Iceland.

    “Strengur had been protecting these rivers for many years, like a treasure,” he said. “But they needed financial help to do more. I simply stepped in. They are the ones doing all the real work. I just provided some funds to help them do what needed to be done.”

    He said Strengur had, for years, recognised the importance of preserving salmon stocks – but, more importantly, that the long-term solution to save this iconic and admired species must also be sustainable.

    “A few charitable donations are not the answer,” he said.

    To help retain the purity of the landscape and the rivers, Jim has been acquiring farms along some of these rivers and late last year he bought 70% of Grímsstaðir á fjöllum, a vast Icelandic estate which includes the headwaters of some of the most pristine salmon rivers in Iceland.

    Although he is now a landowner in Iceland and has a voice on the local rivers associations, he doesn’t want anything else to change for the farmers who have cared for this remote corner of Iceland for generations.

    “If we work closely with farmers and local communities, we can build something sustainable and environmentally sound,” he said.

    Together he and his Strengur partners Gisli Asgeirsson and Johannes Kristinsson hope to encourage local farming in harmony with the rivers and develop a sustainable business offering the most exciting salmon fishing and some of the most progressive conservation in the world.

    “When you wrap a top quality business around this experience, the wild Atlantic salmon becomes a high-value asset,” said Jim. “Conserving it is therefore vital and Strengur is at the forefront of this conservation work.”

    Sports fishing, done respectfully – where all fish must be released carefully back to the river, and the river must not be over shed or during the breeding season – brings in a good income.

    “It also provides a supplementary income for the local farms and, more importantly, will fund more conservation work on the rivers,” said Jim.

    Monitoring the rivers, their fish stocks, the quality and use of land over many hundreds of square kilometres surrounding the rivers is meticulous work.

    Alongside the Icelandic Environmental Agency, Strengur has been dedicated to this task for many years.

    “In forming this new collaboration we intend to accelerate these endeavours,” said Jim.

    With more money owing into the coffers from world-class salmon fishing, Strengur will be able to invest in more salmon ladders – to help further extend the breeding ground for the salmon – and expand its own offering of top-of-the-range salmon fishing, in high-class lodges, across all six rivers in the North East.

    “We know we can do little to prevent the overfishing at sea of the salmon,” said Jim. “The authorities must shoulder that responsibility. But we can create a natural haven for the salmon in this very special corner of Iceland.”

    Iceland salmon fishing

    Leading the Way Upstream

    SALMON ladders are important because they increase the size of the breeding grounds for the fish, which lay their eggs in freshwater, then swim to the ocean.

    Jim Ratcliffe and his two Icelandic partners at Strengur Angling Club recently finished building a ladder that will allow salmon to enter the middle reaches of the river Hofsa for the first time ever.

    A 20ft-high waterfall had stopped the fish from travelling 8km further upstream because they simply could not jump that high.

    The new ladder was flooded with water last month after 15,000 tons of rock were removed – and within hours it was being used.

    The hope is that alevins and fry, which were released into the river a few years ago, and followed the course of the river downstream to the sea, will one day return to the river where they were born via the new ladder.

    The ladder, though, is just one of the many long-term conservation projects being driven by Jim, Johannes Kristinsson and Gisli Asgeirsson.

    4 minutes read Issue 14
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    Pride of Africa

    SOUTHERN Tanzania is home to more lions than anywhere else on earth.

    It is the place to see game galore.

    But very few seasoned travellers ever set foot in this vast wilderness.

    "They just don't know what's here" said Katie Fewkes, Commercial Manager of Asilia Africa, one of the country’s leading safari companies.

    Asilia opened its first camp in the heart of the Selous Game Reserve, with the help of a somewhat surprising investor – Jim Ratcliffe.

    INEOS’ Chairman and Founder believes developing tourism in southern Tanzania will open the eyes of the world to a place of immense beauty and importance – and help to bring jobs and prosperity.

    “This is a huge opportunity to create a long-term, sustainable and ecologically-friendly safari tourism business,” he said.

    Often overlooked by tourists, southern Tanzania has, for many years, faced many hurdles, including poaching, logistical challenges and lack of tourism revenues compared to the more famous national parks.

    Jim and Asilia hope to change that.

    They have now opened a camp and a private lodge in Ruaha National Park and built a camp in the Selous Game Reserve.

    “Both of these are extraordinary and little-seen wildlife areas,” said Jim. “By opening them up, we believe we can develop a sustainable business, which will help to support the wildlife and local communities.”

    Each tourist is expected to generate almost 100 US dollars a day for conservation.

    The lakeside Roho ya Selous, with its eight, air-conditioned canvas tents, is set in the very heart of the Selous Game Reserve, a wild and unspoiled game reserve which is larger than Switzerland.

    The Ruaha National Park is even bigger and more remote but, despite being the size of New Jersey in America, it is visited by only a handful of travellers every year.

    “Sadly neither has ever been as famous as the better-known parks, like the Serengeti, which means they have been left behind,” said Katie.

    The 2014-2016 Ebola outbreak in West Africa did not help.

    “Kenya and Tanzania in East Africa were very far from any risk areas but the scare further widened the gap because people were even less inclined to travel to areas that were less well known,” said Katie.

    That, in turn, made the region more vulnerable to defend itself against poaching as well as other challenges.

    But Asilia and Jim had a vision and saw this as an opportunity to make a difference.

    “We both believe that the best way to secure the region is through sustainable tourism,” said Katie. “This creates jobs and brings in tourism revenues in the form of park and concession fees which go directly towards protecting the park or reserve and the wildlife and habitats.”

    She said it would also ‘crucially’ increase wider awareness of the region globally.

    “There would be an international outcry if someone said we might lose all the elephants in the Serengeti, but if someone said the same of the Selous Game Reserve, most people wouldn’t even know where it was,” said Katie. “We aim to change that.”

    Jim, who has been on countless safaris over the past 20 years, chose to invest in Asilia because of the work it does to empower local people and places.

    “We see people and nature as inseparable partners,” said Clarissa Hughes, Positive Impact Co-ordinator at Asilia Africa. “The development of one must mean the development of the other.”

    The two camps and the lodge – although designed by a South African architect – were built using local labour.

    Food and goods made locally are also used where possible and about a third of the company’s 600- plus staff live in the remote, rural villages close to its safari camps.

    The company, which likes to work with communities, authorities, non-governmental organisations and other tourism companies to benefit all, also provides schools with desks, books, and pens.

    This year it has also been on a mission to help local students, who cannot afford higher education, to gain scholarships to the Veta Hotel & Tourism Training Institute.

    “We believe that education is key to lifting people out of poverty and providing them with alternative livelihoods to poaching and unsustainable farming,” said Clarissa.

    A new World Awaits ...

    SEASONED travellers will find the greatest adventure imaginable in southern Tanzania.

    Katie Fewkes, Commercial Manager of safari company Asilia Africa, has no doubt about that.

    “Selous and Ruaha are for me the ultimate safari destinations. They offer a true wilderness experience, with unspoiled landscapes and spectacular wildlife to discover,” she said.

    All three camps will be open by the end of the year.

    The Choice

    Roho ya Selous, Selous Game Reserve

    Lakeside camp with eight, air-conditioned canvas tents. En-suite bathrooms, solar-powered hot running water, showers and toilets that flush. There’s also Wifi, for those who don’t want to be disconnected from the digital world for too long, and a swimming pool. Each day guests can choose how to explore this beautiful wilderness, be it on foot, tracking wildlife, on a game drive in search of a lion or by boat, getting up close to the hippos. Drinks around the camp fire before a three-course dinner served mostly under the stars.

    Jabali Ridge, Ruaha National Park

    Eight suites hidden amongst rocky boulders. An infinity pool, spa and plenty of places to laze and ensure that time off is as memorable as time out in the African bush. Guests can explore the Ruaha National Park, one of Africa’s wildest national parks, day or night in open-sided vehicles as well as walking safaris for a true adventure. Pre-dinner drinks are served at the Jabali gin bar, before enjoying a three-course dinner.

    Jabali Private House, Ruaha National Park

    Sophisticated retreat with its own private chef, guide and vehicle. Offers the utmost privacy and exclusivity for families or couples travelling together. While animal sightings are common here, sightings of other visitors are not.

    3 minutes read Issue 14
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    Bridging the gap to create a better world

    A CITY that played a key role in the start of the English Civil War is on the brink of showing the world what can be achieved when different industries work together.

    For years, industries have worked within their own sectors to improve efficiency, cut costs and help to reduce carbon emissions.

    What they haven’t done is look to other energy-intensive industry sectors to see how they can work better together and, in the process, satisfy the policymakers who are squeezing industry in their pursuit of a lower carbon economy.

    Now, though, they can – and they are doing it in Hull in the UK – thanks to EPOS, a four-year EU-funded project led by Greet Van Eetvelde, INEOS’ head of energy and innovation policy and professor of energy and cluster management at Ghent University, Belgium,

    “EPOS has brought together scientists and entrepreneurs to help industry face a challenge,” she said. “It is a way to make industry more efficient, more cost-effective, more competitive and more sustainable.”

    Over the past two years, EPOS has perfected the software to help chief engineers and plant managers within five targeted industries – chemicals, cement, steel, minerals, and engineering – to identify opportunities to make use of an industrial neighbours’ waste, side streams, assets or services.

    The software enables regionally-linked businesses to share information with others about what they do, how they do it and what by-products they produce or units they have – without giving away any trade secrets.

    “It started with INEOS, because we were willing to create new business opportunities for side streams,” said Greet. “We are also convinced by the potential opportunities presented by working across process industries.”

    PhD students based in the UK, Switzerland, Belgium, and France have developed virtual profiles – sector blueprints – for the different process industries so that they can share a generic view of, for example, how much heat and electricity they generate, use and waste, and what resources they need.

    Hélène Cervo, a research engineer and PhD student at Lavera in France, is among them.

    “The EPOS project is all about thinking outside of the box to help build a more sustainable future,” she said. “To me, it is tremendously inspiring because our ultimate goal is to make a difference to people’s lives.”

    She has been looking at collaborating with other different businesses at Lavera to see how energy, materials and services can be shared more efficiently.

    The blueprints will be so useful,” she said. “We already believe there are opportunities for INEOS and ArcelorMittal to work together because some of Arcelor’s gases could be energetically or chemically valorised by INEOS.”

    At the launch of the EPOS project findings at Hull’s Saltend Chemicals Park, the difference that EPOS could make to INEOS and CEMEX, a cement manufacturer also on the Humber Estuary, was evident.

    Currently, 80% of CEMEX’s fuel is derived from waste but it could be increased if INEOS were to provide it with part of the high-calorific waste liquid fuel that it sends to its utility provider.

    The liquid fuel contains components which can potentially be separated and fed back into INEOS’ process. But the rest, which is currently treated as hazardous waste, could be used by CEMEX as a fuel to make cement.

    “If that were to happen, we estimate that it could reduce carbon emissions by up to 1,400 tonnes of CO2 a year,” said Hélène. “That’s the equivalent of taking about 280 cars off the road.”

    In addition to reducing CEMEX’s dependence on primary fuels by 20%, it would also improve the cement kiln operations and reduce operating expenses for both INEOS and CEMEX.

    The EPOS project, which is the first of its kind, has also identified opportunities for another company on the Humber Estuary, OMYA, which produces minerals.

    The chalk reject material from OMYA could be used as a raw material by CEMEX instead of limestone, and in return, provide cement kiln dust to OMYA for continuous reclamation activities in quarry operations. Since the launch, INEOS has wasted no time in seizing the initiative.

    Dave Skeldon, process technology manager of INEOS manufacturing, Hull, said a non-disclosure agreement was now in place with CEMEX.

    “That is always the first step towards getting there,” he said. “Then we’re moving on to resolving all the technical issues that are below the EPOS level, if you like.”

    Any project will require collaboration and investment from both companies. INEOS expects to invest £900,000 on the project and break even after two years. CEMEX’s involvement and £400,000 investment should pay for itself after three years.

    Stephen Elliott, CEO of the Chemical Industries Association, applauded both companies for acting swiftly.

    “This is a good demonstration of the carbon and cost savings which can be achieved through industrial symbiosis in a cluster,” he said.

    And he hoped the Chemical Sector Decarbonisation and Energy Efficiency Action Plan with BEIS under the industries’ Chemistry Growth Partnership will lead to further improvements, without damaging the chemical industry’s ability to compete on the world stage.

    But before INEOS and CEMEX can begin their industrial symbiosis, new permits will be required because some materials, currently classified as hazardous waste, will have to be reclassified so they can be transported and re-used.

    “It won’t be investments that will hamper the implementation of EPOS,” said Greet. “It will be waste legislation so we need policymakers to come with us.”

    Ironically, she said, Britain’s decision to leave the European Union might help the UK to get a head start because changing legislation will be easier.

    “Either way this cross-sectorial management tool presents enormous potential to improve the competitiveness and energy efficiency across the UK manufacturing sector,” she said.

    3 minutes read Issue 14
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    INEOS’ buried treasures

    Thanks to an annual financial contribution - and logistical support - from the company, an ancient coastal settlement, once linked to one of the most famous Roman cities in Tuscany, is gradually emerging.

    The Roman harbour, which has partly been excavated, served the ancient city of Volterra – and it is literally on the doorstep of INEOS’ Manufacturing Italia’s site at Rosignano.

    “Although all the excavations are on our site, they don’t interfere with our operations,” said Dr. Juna Cavallini, HR Manager of the INEOS Rosignano plant.

    Work on the archaeological site of San Gaetano di Vada, one of the most important trading ports of North Etruscan coasts, began in the eighties in the shadow of INEOS’ vast ethylene storage tank.

    Over the years, excavations have revealed a large warehouse, a little thermal bath intended for the warehouse’s workers, a fountain, a big water tank, a public thermal bath and the port headquarters.

    Roman jugs, pottery, coins and marbles, all of which point to intensive trading activity, have also been unearthed.

    “Every kind of goods arrived from the entire Mediterranean Sea basin, to be redistributed from the port to the countryside and the city of Volterra, and here local products were shipped out,” said Dr. Cavallini.

    INEOS’ funding is mostly used to pay for excavation work which is organised by Pisa University.

    The university also runs the Vada Volterrana Summer School, which offers foreign and Italian archaeology students the chance to work on a real-life project.

    The work, though, takes time. Literally, years.

    Field surveys are often used to try to identify new sites. Surveyors, walking side by side, literally comb fields looking for ceramic materials that may have been dug up when the fields are ploughed.

    Ground-penetrating radar surveys, which effectively take a snapshot of what the earth looks like under their feet, are also carried out.

    Once they have a clearer picture, only then does the digging start.

    During this summer’s Vada Volaterrana Harbour Project campaign, the students did a bit of both.

    “We feel this is a practical way for INEOS to demonstrate that it is part of the community in which it operates,” said Dr. Cavallini.

    4 minutes read Issue 14
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    A well-oiled machine

    CHINA'S decision to invest billions in renewable energy is helping to fuel growth thousands of miles away in America.

    China needs high-performance synthetic lubricants for its wind turbines - and INEOS Oligomers is investing millions to take full advantage.

    To keep pace with demand, it has already built, at La Porte in Texas, a new unit which is producing 20,000 tonnes of high viscosity polyalphaole ns (PAO) a year.

    And it is now building, at its neighbouring Chocolate Bayou site, the largest linear alpha olefin (LAO) unit in the world and a world-scale single train PAO unit capable of producing 120,000 tonnes of low viscosity products a year.

    Both products are in demand.

    The LAO unit will provide the essential raw materials for its PAO plants. PAOs are the key ingredient for the production of high-quality motor oils, lubricants for wind turbines, heavy-duty diesel engine oils, and other specialty fluids.

    The new La Porte unit, which was recently built in part to take advantage of the tremendous, fast-growing market for wind turbines and wind turbine lubricants, has not only cemented INEOS’ position as a major producer of high viscosity oils but it complements its existing global leadership in low viscosity grades.

    “The new unit marks INEOS’ first commercial unit for high viscosity PAO,” said Bob.

    Aside from manufacturing the raw materials for PAO, the LAO business itself has also been expanding rapidly, thanks to demand from the polyethylene industry, its other important, and largest customer.

    “LAO comonomers are used by the polyethylene industry to enhance the functionality of polyethylene,” said Bob. “And capacity for LAO in the US alone between 2016 and next year is expected to increase significantly."

    INEOS’ decision to invest heavily in the Chocolate Bayou site has been an easy one.

    The site already boasts two, world-scale, reliable ethylene crackers and is connected to the US Gulf Coast pipeline grid. It also has ample space for the new development with potential for expansion.

    Work started at the Chocolate Bayou site at the end of 2016 and is due to be finished soon.

    “Once it is complete, it will be the largest, organic growth project that INEOS has ever undertaken,” said Bob.

    And once the unit comes on-stream with an extra 420,000 tonnes of LAO a year, INEOS Oligomers will from next year be producing globally about one million metric tons a year.

    The expansion has also opened doors for people working for INEOS Oligomers.

    “It has given our people new opportunities for growth,” said Bob. “Managers have been given new roles and they are doing a fantastic job.”

    Bob said INEOS judges the success of any project by its safety performance; whether it is finished on time and within budget.

    “I am delighted to say that we are meeting all three,” he said. “We have a tremendous safety record with more than one million man-hours without loss time accident. We are on budget and we have already hired the full management team.”

    2 minutes read Issue 14
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    Just the job

    OVER the years apprenticeships have fallen in and out of favour in many countries.

    But as a business, INEOS has never underestimated their importance.

    Apprentices are seen as an integral and valuable part of the team from day one.

    "I cannot imagine us not running an apprenticeship scheme here," said Dr Anne-Gret Iturriaga Abarzua, Head of Communications at INEOS in Köln, Germany. “They are so integrated and so essential to our future.”

    Germany, though, as a country is world-renowned for its job training schemes.

    Andrea Hain is head of training at INEOS in Köln.

    “Over the years apprentices have become even more important to our future success,” he said. “And their importance is growing.”

    In September, 65 young people – handpicked from a starting line-up of about 1,400 applicants – began their apprenticeships at INEOS Köln.

    Of those, 12 are being trained for ASK Chemicals in Hilden, Momentive Performance Materials in Leverkusen, Kiel in Dormagen and AkzoNobel in Köln.

    Three others are being trained to one day qualify for vocational training for later education.

    “Our requirements are high and the training is intensive, but our team of trainers help in so many areas so that they all can achieve their full potential,” said Andreas.

    “Today we have 240 young people who are in training – more than ever before,” said Andreas.

    Apprentice Scheme at INEOS

    Germany is now well versed in attracting and keeping the very best apprentices – and other countries, including the UK and the US, are looking to replicate its job training model.

    “We have had a lot of interest from other countries wanting to learn from us,” said Anne-Gret. “We’re almost 20 years ahead.”

    In the UK, apprenticeships have, over the years, fallen in and out of favour with many businesses.

    But it’s a scenario that Germany does not understand.

    “It doesn’t make sense to hop on and off this scheme,” said Anne-Gret. “It doesn’t work and that kind of approach has probably harmed manufacturing in the UK over the years.”

    INEOS, though, wherever it operates in the world, has always tried to buck the trend – and seen apprenticeships as invaluable for both the company and the young person.

    In September another 10 top-class Modern Apprentices – chosen from hundreds – joined INEOS’ O&P site in Grangemouth, Scotland.

    “They offer one of the best apprenticeships in Scotland and I wanted to be part of that,” said Alex Burnett who was 16 when he applied to be a process technician last year.

    Fellow apprentice Euan Meikle, 19, is training to become a process operator. He quickly learned that INEOS seeks to recruit the best.

    “I was told to treat my apprenticeship as a four-year interview so they can be sure they got the right guy,” he said.

    Euan, Alex, and the five other apprentices are now a year into their apprenticeship.

    Over the remaining three years, they will earn as they learn, working at INEOS’ plant while studying for the SVQ and HNC in engineering at Forth Valley College.

    It’s a partnership that works well and is valued on both sides.

    “As well as their expertise in understanding the skills we need, Forth Valley College also understands the business that we are in and that’s important,” said a spokesman for INEOS.

    What INEOS was seeking in each apprentice for its Grangemouth site was someone with an interest in science and technology-based subjects and a practical, hands-on approach to problem-solving.

    Apprentice Aaron Baxter was among those taken on last year. He is already dreaming of owning his own home and believes with INEOS’ help, he will not only be able to buy it, but he will also learn valuable skills for life.

    “I am hoping to be able to use my skill set to do jobs around the house,” he said.

    In the same week that the 10 INEOS O&P UK Modern Apprentices joined the company, six apprentices started their careers with Petroineos, Scotland’s only crude oil refinery.

    They too will combine academic studies at Forth Valley College with practical experience.

    “I was one of the lucky ones to have been given this amazing opportunity to work for one of the biggest engineering companies in the UK last year,” said Andrew Wilson

    Apprentice Scheme in the UK INEOS

    Seeds Sown in Primary Schools

    INEOS in Köln started looking for its stars of the future about 10 years ago – in primary schools.

    It began talking to teachers about the importance of inquiry-based science education to excite the minds of children aged six to twelve.

    INEOS hopes those early seeds will soon bear fruit.

    But INEOS did not just talk to teachers. It adopted and drove the TuWaS! programme, a method of teaching that forces children to ask questions rather than receive ready-made answers and one that is now successfully run in 130 primary and secondary schools.

    Dr. Anne-Gret Iturriaga Abarzua, communications manager at INEOS in Köln, has been involved from the outset.

    “We really believe that these partnerships formed in 2008 will help us as a company, as an industry and also as a developed industrial country to attract young people – especially girls – who are curious, enthusiastic and motivated to make the world a better place through science,” she said.

    INEOS in Köln is the biggest financial supporter in the Rhineland sponsoring almost half of the schools which have adopted the TuWaS! programme.

    Teachers attend a one-day seminar during which they are taught the natural science and technical experiments first. They then return to the classroom, armed with a school year’s worth of experiments and the confidence to teach them.

    In addition, INEOS employees act as ambassadors, bringing relevance to the school curriculum by welcoming the children to their sites or visiting them in the classroom.

    So far the TuWaS! programme has trained 2,500 teachers and, hopefully, inspired 74,000 children to consider a science-based career.

    Anne-Gret addresses STEM Professionals in Go Back to School webinars about the need for companies to show young people how exciting life can be working in the science industry.

    “We need to be the role models for tomorrow,” she said. “And TuWaS! is a fabulous way to do that. From four schools in 2007, we have now reached 130 schools.”

     

    2 minutes read Issue 14
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    It’s a jungle out there

    INEOS is mounting its own offensive to tackle the growing rise in attacks on IT systems around the world.

    Staff have been issued with 10 golden IT security rules.

    INEOS Chairman Jim Ratcliffe is backing a campaign to remind employees never to open suspicious emails or attachments.

    “Just one careless click of a mouse could have devastating consequences,” said Barry Pedley, Group IT Director who is in the front line trying to stop them infecting company servers.

    INEOS has been aware of the growing problem for years. Every month the company receives more than 25 million emails.

    “About 80% of those are blocked because they contain SPAM, virus, malware or malicious links,” said Barry. “But we cannot block 100% so it is vital that our staff are alert and do not click on anything unusual or suspicious.”

    INEOS has also witnessed an increase in ‘man in the middle’ email attacks where people try to intercept legitimate mail between INEOS and another company and then make changes to bank details to obtain fraudulent payments.

    “We have not yet suffered a financial loss, but we have come close,” said Barry.

    The WannaCry ransomware cyber attack last year was one of the most crippling in history. Within a day it is believed to have affected 230,000 computers in 150 countries.

    “I am aware of several businesses that even today, are still cleaning their systems and have not fully recovered from the attack,” he said.

    In 2014 a blast furnace at a German steel mill had to be shut down after cyber-attackers stole staff logins and gained access to the mill’s control systems.

    INEOS, which has been tightening the security of its IT systems as the business has grown, knows it could be a target.

    “It’s not a case of if we are attacked, but when,” said Barry.

    A few years ago, the company website was hacked.

    “There was nothing specifically malicious against us,” said Barry. “It was a case of the website being used as a relay to send spam. But we now run penetration tests against the website to ensure the security is effective.”

    INEOS has completed the roll-out of a new email system throughout the group.

    “For us, this is now a good time to remind people about the importance of the security rules and keeping the people and IT systems at INEOS safe,” said Barry.

    Chairman’s note to all INEOS employees

    Our IT systems are under constant attack. Unfortunately, this has become a feature of the modern world. The problem only gets worse as the attacks become more sophisticated.

    Earlier this year we issued 10 golden IT security rules and instructed everyone to follow these rules without exception.

    It is essential that users of the INEOS IT system behave responsibly and don’t open suspicious emails. Certainly never open suspicious attachments and never enter credentials into an attachment.

    If an email is at all suspicious then delete it.

    There is no downside in doing this. Just delete it.

    We cannot accept people opening suspicious emails and attachments. This threatens the integrity of our systems and harms INEOS.

    If in doubt throw it out!

    Jim

     

    4 minutes read Issue 14
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    John’s mission accomplished

    INEOS USA is gunning to help rid the world of a devastating disease which affects almost half a million people in America.

    A team from Olefins and Polymers this year, for the very first time, cycled 175 miles from Houston to Austin in Texas to help fund research into multiple sclerosis.

    "I had ridden the BP MS 150 countless times," said John Caffey, Business Development Manager for the Feedstocks group within O&P USA. “But I decided to up the ante by captaining a team at work.”

    His job was to lead – and inspire – them to keep going when the going got tough over the two-day event.

    “And it did,” said John. “Trying to convince your legs, not to mention your bottom, that they want to be on the bike again after 100 miles on the first day, isn’t easy.”

    The second day was filled with hills for the thousands of riders, punctuated by the roads through Bastrop and Buescher State Parks.

    “They were a real challenge for tired legs,” he said.

    John, whose aunt was diagnosed with MS in the nineties, was joined by 31 of his colleagues at the start – and later at the finish.

    “We set our preliminary team fund-raising goal at $25,000, but in the end we achieved $25,280,” he said.

    As for John, his involvement won’t end this year.

    “I will continue to support this ride until a cure is found,” he said.

    Organisers are hoping this year’s ride will have raised about $14 million to help speed up research into finding a cure for MS.

    1 minute read Issue 14
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    INEOS director’s son qualifies for world championships

    Iain Foster was just 16 when he produced the performance of his life to finish second at the Tumbling and Trampoline World Championships in the Bulgarian capital Sofia.

    “He had only qualified for the final in eighth place in the afternoon session, but he then put out a run that evening that I had never seen before to win the silver medal,” said his father Brian, Director of INEOS Property and INEOS Aviation.

    Tumbling coach Anne Bidmead said Iain, now 17, regularly trained at Basingstoke Gymnastics Club and was known for his amazing power on the track.

    Iain at the Olympics

    But his talent had been spotted many years ago before that when, as a three-year-old, he started attending the club’s weekly gymtots sessions.

    At five, he was invited to join the boys’ artistic development squad, and began training twice a week. His coach was then international tumbling gymnast David Roy-Wood.

    Soon he was training four days a week and started to win medals on the floor and vault in regional competitions, finally competing in his first national competition at eight.

    Rugby became more of a passion when he went to secondary school but it was his continued involvement with gymnastics which gave him deceptive strength and speed – and earned him a place in the Hampshire Rugby Squad.

    “His PE teacher used to say that Iain loved running through people,” said Brian.

    That speed and strength also led to a change of direction in the world of gymnastics.

    “They thought he would be more suited to tumbling,” said Brian.

    And they were right.

    In just his second season, he qualified for the two-day British championships in Liverpool – and finished sixth. A year or so later he is now a world medallist.

    Iain is now juggling the demands of studying A-level chemistry, biology and history while he considers higher education options that could best develop his gymnastics career.

    “He has sensibly put rugby to one side for the immediate future,” said Brian.

    2 minutes read Issue 14
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    INEOS’ tour de force strikes again

    In all, 900 employees from sites all over the world completed the company's very own Tour de France Challenge and raised €31,000 to help children.

    "The response was inspiring," said John Mayock, INEOS' resident Olympian. “Not only did we raise a huge amount for charity, but many were encouraged to take up cycling for the first time in many years. It was an enormous team effort.”

    Teams from across INEOS were challenged to match the kilometres covered by the riders in the Tour de France, the world’s most famous cycle race, each day.

    But being INEOS, they went one better.

    And by the end of the challenge, the 900 riders had collectively ridden 400,000 km – the equivalent of cycling 10 times around the Earth.

    As the real riders had chased each other through the French countryside for the coveted title,

    INEOS’ teams from Belgium, France, Germany, Switzerland, the US and the UK had been squeezing in their mileage – before, during or after work.

    INEOS donated £1,000 to the local charity of choice for each team that completed the challenge.

    1 minute read Issue 14
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    World leaders

    IN today’s increasingly dynamic and changing world, there is no substitute for innovation.

    It is the key to driving economic growth, the insurance against irrelevance and unlocks the door to real progress.

    As the pressure on resources grows, applications become more demanding and sustainability becomes more than just a buzzword, the need for innovation has never been greater.

    INEOS Styrolution understands that.

    As such, it focuses on the customer – and what the customer wants.

    But it does not work on its innovative R&D activities alone.

    It has set up a global innovation network with organisations such as the Washington State University, Fraunhofer LBF Darmstadt, Neue Materialien Bayreuth GmbH and the University of Bayreuth to deliver best-inclass solutions to customers to give them a competitive edge in their respective markets.

    For almost four years, it has been working closely with Germany’s Neue Materialien Bayreuth GmbH, a strong R&D site in material science, and the University of Bayreuth.

    The university carries out the basic research, NMB explores the innovative production processes and INEOS Styrolution, which steers the entire research process, is ultimately responsible for the production and launch of any innovative solutions.

    “It’s a fantastic and unique partnership,” said Dr Norbert Niessner, Global Head of Research and Development at INEOS Styrolution. “We not only have a lot of ideas but, together with our innovation partners, we also have the resources to execute them.”

    The beneficiary of the set-up is the customer.

    “Typically, if you work in R&D, the perception is that you are working in an ivory tower, but that is not the case here,” he said. “We include the Bayreuth researchers as if they were our own people. They are exposed to real customers’ challenges and that’s what makes this collaboration so outstanding. It’s the will and the brains working together to find a solution.”

    The end result, as far as INEOS Styrolution believes, though, is the same: keeping the customer one step ahead of the pack is the most important thing.

    “We are committed to giving our customers a competitive edge in their markets,” said CEO Kevin McQuade. “If we want to find the best solution for them, we need to work hand in glove with them. The innovation network is a win-win for everybody. Customers get access to the best solutions and access to resources. The partners are also happy because they are carrying out research for a real-life purpose.”

    The automotive industry is one where INEOS Styrolution focuses heavily.

    Earlier this year it, together with NMB, unveiled a brand new solution, which offers a lot of opportunities for the automotive industry. StyLight, as it is known, is a composite based on the company’s styrenic materials, and it is currently being evaluated by several car manufacturers.

    “We are expecting the first orders soon,” said Norbert.

    The automotive industry, though, is not the only one to benefit from the wisdom and brainpower of INEOS’ academic partners and the expertise and drive of the INEOS Styrolution team.

    Together they recently started working on a project that aims at developing innovative solutions for the recycling of polystyrene.

    “Sustainable plastics is a mega topic these days,” said Norbert. “So we want to make this happen. It may take a few years, but we are quite confident we will be able to do it.”

    What sets INEOS Styrolution apart is the importance it places on developing solutions, not just for its customers to stay one step ahead of the competition, but for the benefit of society.

    “I think only those companies which provide true value to the customers, and here I include sustainability aspects such as saving greenhouse gases and resources, will retain their market position,” said Norbert.

    It is not only INEOS Styrolution that is impressed with the partnerships it has forged over the years.

    “The collaboration provides application-focused research fields, which are attractive to our students and researchers,” said Prof Dr Hans-Werner Schmidt, Department of Macromolecular Chemistry, University of Bayreuth.

    By working together on innovative ideas for INEOS Styrolution’s customers in the automotive, electronics, household, construction, healthcare and packaging industries, they believe they can create the styrenics of tomorrow.

    “That customer-orientated innovation is at the core of our growth strategy,” said Kevin.

    The company regularly hosts innovation days when customers can give them a shopping list of what they are looking for over the next three to five years. In short, INEOS Styrolution works hard to understand what customers want to give them a competitive advantage.

    Everything it does is geared towards fulfilling its socalled Triple Shift strategy, three areas which it has identified as key to help profitably grow the business.

    Firstly, teams, each with an in-depth knowledge of their customers’ specific industry, work closely with their customers to deliver best in class solution, be they in the automotive or any other focus industry.

    Secondly, it focuses on producing more, higher value, styrenic specialty products.

    And finally, it continually expands its business in areas deemed ripe for growth, such as Asia.

    And it is on track to do that.

    Earlier this year it completed its first acquisition.

    Buying the global K-Resin® styrene-butadiene copolymers (SBC) business, with a manufacturing site in Korea, helped to expand INEOS Styrolution’s position in the Asian growth market and cement its position as the only styrenics manufacturer with a true global footprint.

    “We already had SBC production sites in the Americas and Europe, but we were missing a SBC manufacturing plant in Asia-Pacific,” said Kevin. “K-Resin is now filling that formerly white spot for our SBC specialty business on our map.”

    The company now employs 3,200 people and has 16 production plants and six R&D sites in nine countries.

    Looking to the future, Kevin remains optimistic and excited.

    “In the early days of the Joint Venture between BASF and INEOS, we focused on synergies,” he said. “Now that we have the right structure in place, we are looking at accelerated growth. We have a truly global presence that gives us a local insight into what’s going on in the world 24 hours a day, seven days a week. These are exciting times.”

    7 minutes read Issue 13
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    Energised – and up for the challenge

    NOW is not the time to be living on another planet.

    Real focus on new ways of working is needed if energy-hungry companies like INEOS are to have a future in a world that is rapidly changing.

    For it is not just the climate, which is changing, so too is the resolve of those in power in the European Union to cut emissions and reduce energy consumption in its transition to a lower carbon economy.

    America may have won a temporary reprieve – thanks to US President Donald Trump – but the EU wants a 40% reduction in greenhouse gases, a cap on energy use in industry and at least 27% more renewable sources used in its energy mix by the year 2030.

    “We are literally drowning in targets,” said Greet Van Eetvelde, INEOS Manager of Cleantech Initiatives. “And because of that, the chemical industry’s competitiveness in Europe is at stake.”

    But that’s where the pessimism ends. The European Union has set aside tens of billions to support innovation in industry while trying to meet those targets – and Greet believes if anyone can find answers to some of society’s great challenges, INEOS can.

    “We are good at finding opportunities in every challenge,” said Greet. “And the European Union knows that by offering incentives and partnering with industry, they may stand a chance of meeting the grand societal challenges.”

    Outside Europe too, the opportunities are growing for INEOS to fund new projects at its sites thanks to support schemes, tax exemptions and grants for innovation and investment.

    “There is money to be had for supporting a lower carbon economy,” she said.

    Greet heads up INEOS’ Carbon & Energy Network, which regularly shares information and best practices on all carbon and energy related matters with all INEOS’ businesses.

    “The network keeps a finger on the pulse on all that happens at policy level and has an impact on INEOS,” she said. “That’s why it is also a breeding ground for novel creative initiatives to tackle the grand challenges, engage with universities and embark on industrial research projects.”

    Greet said creativity had to be at the forefront of the transition economy.

    “Innovation is INEOS’ main driver,” she said.

    Indeed what INEOS has become good at is securing EU funds for projects that will not only benefit the company but also society.

    “It is about seeing and seizing every opportunity,” said Greet. “As much as it is a grand challenge, it is also a huge opportunity for us to collaborate with universities and students.”

    And that is what INEOS is now doing.

    Earlier this year six graduates were given the chance to look at how INEOS operates now – and suggest how it could operate in a radically different future.

    “The PhD students will bring real value to INEOS in areas where we don’t usually go because of a lack of time and resources,” said Greet.

    The graduates will be focusing on six areas that present big challenges to INEOS, including energy efficiency, electrical flexibility, carbon capture, circular resources, and industrial symbiosis.

    “We trust they will be able to show INEOS how to use, reuse and recycle carbon and waste sources in a way that we can benefit from it,” said Greet. “They are likely to have new ideas about the future because they are the future. Sometimes those ideas might be a bit on the wild side but that is what is needed. This is a unique opportunity for them to be seen and heard and taken seriously. They are showing us the road ahead.”


    Graduates awarded their tasks

    VALUABLE research is now being carried out at several plants in INEOS.

    The PhD students or INEOS graduates will be asking potentially difficult questions and challenging processes in an effort to come up with new ways of working more efficiently with fewer resources.

    Sander Marchal, a commercial graduate based in Koln, will be focusing on the transition to a circular economy.

    Part of his brief will be to look at plastic packaging which the EU wants to see a 75% reduction by 2030.

    "We are a plastics producer,” he said. “But being part of the solution is better than being left out of the conversation.”

    Benedikt Beisheim, an Energy Optimiser at INEOS Koln, is hoping to find ways to improve the processes at the mature German plant to either save energy or raw materials.

    He will also focus on the nearby energy park to see how off gases and natural gases can be used more efficiently to produce steam and electricity.

    Cindy Jaquet has been working with the Carbon & Energy Network in Rolle, Switzerland. Her role has been to spread the word about sustainable practices and prove to others that sustainability is not impossible.

    “I needed to show the public, our partners, our customers and our competitors that sustainability can actually be a real business opportunity,” she said.

    Jens Baetens is also a PhD student. His project will hopefully help INEOS to find a solution to maintaining a reliable energy supply when wind and solar power start to replace gas and electricity.

    His focus will be on the 10 INEOS sites in Belgium.

    “We will be trying to understand the power demand at our sites and what resilience we can build in,” he said.

    Helene Cervo is a PhD student who is hoping to apply the lessons of nature to a project at INEOS’ site in Lavera in France.

    “All waste produced by one organism can be used by another,” she says. “There is no waste.”

    She will be looking at collaborating with other businesses on the site to see how energy, materials and services can be shared more efficiently.

    And finally, Gabby Isidro, will be hoping to help governments understand the consequences of their regulation, which govern CO2 emissions, on European competitiveness by showing them the overall cost and impact.

    “Knowing in detail what our position is today and into the future helps us to make sound, longterm business decisions and influence investment strategy,” she said

    5 minutes read Issue 13
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    There’s no stopping us now

    IF you are looking for runaway success stories, look no further than the faces of these children who are the latest kids to be inspired to run for fun by INEOS.

    They covered the 2km distance – and had a wonderful time – at London’s iconic Queen Elizabeth Olympic Park in June.

    Among those championing INEOS’ campaign on the day were Olympians Denise Lewis and Colin Jackson.

    “GO Run For Fun has come such a long way since September 2013,” said Colin. “The campaign has reached an amazing milestone with over 200,000 children from seven countries taking part.”

    INEOS Chairman Jim Ratcliffe founded GO Run For Fun with one simple aim: to encourage children to give the TV a rest, and go outside.

    Denise Lewis, who hosted a panel discussion on the importance of encouraging children to be more active and the role played by parents, teachers and government, described GO Run For Fun as a wonderful, fun initiative.

    “I have been involved in sport all my life but I got into it because it was fun,” she said. “INEOS is doing a fantastic job.”


    Schools report healthy start to INEOS' pilot project

    INEOS’ campaign to breed a healthier generation has been making friends in the classroom.

    In February, 65 primary schools in the UK were chosen to take part in a pilot project.

    “We wanted to create something fun for the kids with a serious message,” said John Mayock.

    The results of the pilot project are now in and the feedback from pupils and teachers has been incredibly positive.

    “It has been really encouraging,” said John. “We are now analysing the results to determine the next steps to roll out this exciting programme to other international sites.”

    As part of the GO Run For Fun Education Programme project, two children from each of the 65 schools were chosen as Special Agents to encourage their 19,500 classmates to eat healthier foods and lead more active lives.

    The ‘agents’ were tasked with guiding their friends on different missions each week in the run-up to a 2km GO Run For Fun event.

    “The idea was to show children the real benefits of leading a healthy and active lifestyle,” said John.

    Part of the message was to encourage kids to give sugar a run for its money – and start drinking more water.

    Missions could be completed at break time, during lunch or in the classroom.

    “That was important because it gives teachers flexibility,” said John.

    INEOS decided to launch its health and wellbeing educational programme after it was often asked by schools, which were planning to take part in a GO Run For Fun event, for advice on improving fitness and healthy eating.

    INEOS Chairman Jim Ratcliffe initially commissioned 12 short films, featuring the GO Run For Fun mascot Dart.

    Since then it has been reaching out to teachers to continue the good work back in the classroom, long after the race is over.

    “GO Run For Fun has become so much more than just a fun run now,” said John.

     

    4 minutes read Issue 13
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    Debate: How do we encourage children to give up sugary foods?

    WE can see more and more initiatives being taken to encourage children to also eat more healthily. Schools are gradually taking their responsibility and the big retailers launch some initiatives as well (extra bonus points on the loyalty scheme when you buy vegetables & fruits). There again, the gamification aspect motivates children and parents to make the right choices. On our side, we make sure to partner up with ‘healthy alternatives’ for mass sports events where we have eg kids runs. They are good signs, but all in all it’s much more difficult to intervene in this area of healthy living. It needs a mind-shift with the parents first, and that is still very problematic today, as obesity numbers have never been higher.
    Jeroen Plasman, The Energy Lab

    WHILST the evidence about obesity and sugar is exceedingly complex, the facts about the impact of sugar on teeth are not. The science is irrefutable: sugar feeds bacteria, which produce acid that attacks teeth. And tooth decay is currently the leading cause of hospital admissions among young children in Britain. We’ve been leading urgent calls for action to lower the nation’s sugar intake, highlighting measures ranging from lowering the recommended daily allowance, through to action on marketing, labelling and sales taxes. Starting the conversation can go a long way to helping highlight the amounts of sugars in popular foods, including those marketed as ‘healthy’, and encouraging better oral health for everyone.
    Graham Stokes, Chairman, British Dental Association Health and Science Committee

    WHEN Theresa May first became prime minister, she pledged that she would look after the sick and poor, and yet within three weeks her previous adviser Nick Timothy had slashed David Cameron’s evidence-based obesity plan from 37 to 13 pages, cutting out many vital policies. I was therefore astonished to hear that following the PM’s stripped-down Queen’s speech, not a single mention was given to strengthening the government’s plan to curb childhood obesity – the biggest public health crisis that we face. Public health is hugely underfunded, considering its cost-effectiveness. It’s amazing that Theresa May can find a billion pounds to form a government but can’t find a million pounds to prevent millions of UK citizens from becoming obese or developing type 2 diabetes or high blood pressure.
    Graham MacGregor, Professor of cardiovascular medicine, Queen Mary University of London

    Nearly a quarter of the added sugar in our diet comes from soft drinks and children aged 11-18 get 40% of their added sugars from soft drinks. We have been campaigning for a sugar tax on soft drinks for many years, as we believe there are clear oral health benefits of such a tax. We welcomed the Government’s announcement of a levy on sugary soft drinks from 2018, but are calling for measures to go further to cover a wider range of sugary food and drinks, and for proceeds of the sugar levy to go towards funding children’s oral health initiatives.
    British Dental Association

    EVIDENCE shows that slowly changing the balance of ingredients in everyday products, or making changes to product size, is a successful way of improving diets. This is because the changes are universal and do not rely on individual behaviour change. A broad, structured sugar reduction programme is being led by us to remove sugar from the products children eat most. All sectors of the food and drinks industry will be challenged to reduce overall sugar, across a range of products that contribute to children’s sugar intakes, by at least 20% by 2020.
    Public Health England

    TRYING to cut down on sugar often seems like an impossible task as sugar appears to be hidden in a huge variety of products. However, there are still lots of little things that can be done to reduce our daily intake of sugar. It is important to try and make small adjustments to our diet and lifestyle in order to reduce the amount of sugar that we consume each day. It is interesting to see that in fact it does not take a long time for our taste buds to readjust to foods with less sugar, and that once they have, the foods that we used to eat appear far too sweet.
    Action on Sugar

    WE have solid evidence that keeping intake of free sugars to less than 10% of total energy intake reduces the risk of overweight, obesity and tooth decay. Making policy changes to support this will be key if countries are to live up to their commitments to reduce the burden of non-communicable diseases.
    Dr Francesco Branca, Director of World Health Organization’s Department of Nutrition for Health and Development

    4 minutes read Issue 13
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    INEOS' tour de force

    INEOS likes to challenge its workforce to go that extra mile for themselves and others. And this year is no exception.

    But even INEOS was taken aback at the speed of the response from staff all over the world to its latest call to action.

    Just a week before the start of this year’s Tour de France, teams of up to 20 were invited to complete each stage of the world’s most famous cycle race as part of INEOS’ first-ever Tour de France Challenge.

    “We weren’t expecting to have more than 15 teams,” said Fred Michel, who came up with the concept with Jeroen Plasman and Richard Longden.

    But within a week 1,000 riders from more than 40 teams had ridden more than 300,000 km – the equivalent of cycling around the Earth over seven times.

    As the real riders had chased each other through the French countryside for the coveted title, INEOS’ teams had been squeezing in their mileage – before, during or after work.

    The only criteria had been that each team member would decide how far to cycle each day.

    “One of our objectives was simply to get people moving more than they usually would,” said Fred who received emails from staff thanking him for running the event.

    “They didn’t normally cycle to work but because of the challenge, they had decided to get on their bikes and had enjoyed it,” he said. “Others had encouraged their whole family to cycle at the weekends and again that was something they would never have done.”

    About 15 million spectators had lined the route of this year’s Tour de France as the riders headed for Paris and the final sprint down the Champs-Élysées.

    INEOS’ teams did not see many others, except for their teammates, even in the closing stages.

    By the time they had finished, they had collectively burned almost two million calories.

    But to appeal to INEOS’ competitive spirit, there were prizes.

    The Antwerp-5 were named as the team which covered the biggest distance. They covered 17,481km.

    “What’s amazing about Le Tour de France is that you see how people can surpass themselves and how important it is to be part of a team because they really help each other to be stronger,” said Fred Michel, who came up with the concept with Jeroen Plasman and Richard Longden. “To us, that’s the INEOS philosophy.”

    INEOS’ coveted yellow jersey was won by Stéphane Frigiolini, 31, from Tavaux. He completed the entire distance of 3,540 km, on his own, in 23 days.

    The pink jersey went to Jane Kinsella as the woman who completed the furthest distance. She rode a total of 1,275km. Her colleague Christina Schulte won a pink jersey too for cycling uphill the furthest, climbing 1,365 metres.

    The white jersey was won by Stef Raets who was named as the under 25-year-old who cycled the furthest, clocking up 804km.

    The King of the Mountain’s jersey, which was reserved for the man who made it harder for himself by riding the furthest uphill, was awarded to Matthew Rimmer. He climbed 2,953 metres.

    And the Grangemouth-3 won the halfway team sprint.

    But perhaps the real winners in INEOS’ challenge were those in need. At the start INEOS had promised to donate £1,000 to every team, which covered the distance over 21 days, to a charity of their choosing.

    When the challenge ended, 1,037 people in 41 teams had cycled 324,393 km – and wheeled in £40,049 for charity.

    3 minutes read Issue 13
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    Action Stations

    SOMEONE once said that exercise not only changes the body, it changes your mind, your attitude and your mood.

    It doesn’t matter who that someone was. But someone who understands that mindset is John Mayock, a former Olympic athlete who has now helped to launch Energy Station, INEOS’ online fitness hub.

    John very quickly learned that health and well-being were at the core of INEOS’ ethos to being better, and staying sharper, than their rivals after he joined the company about a year ago.

    “I knew INEOS was passionate about improving children’s health through my work for INEOS on Go Run For Fun and The Daily Mile,” he said. “But that passion clearly didn’t end there.”

    INEOS has always believed that a healthy lifestyle is good for the mind, body and soul of all its employees – and does what it can to make that journey easier.

    One only has to look at INEOS’ new headquarters in London which boasts one of the biggest private gyms in the UK, and its new three-storey office block in, Germany, which also has an on-site gym.

    “As far as INEOS is concerned, being fit to work isn’t simply about being safe,” said John. “It’s about being healthy, energetic, giving our best, and enjoying our working time.”

    As a man once driven by the desire to improve his own performance on the track, he has now set himself another target.

    “We’re on a mission to help our 17,000 worldwide employees improve their health and wellbeing, whatever their role, goals or fitness levels,” he said.

    And the starting gun for that is the Energy Station, created by John and Golazo, a company founded by former Belgian long-distance runner Bob Verbeeck who believes that sports participation leads to a better world.

    Once Energy Station has been rolled out across the INEOS group, it will become the place for employees to find out about forthcoming runs, rides and triathlons and what their colleagues have been up to all over the world.

    Staff at every INEOS site will be able to log their performances, connect with others, share their adventures and challenge others and themselves to do better.

    It will also provide help and expertise on training and nutrition – whether someone just wants to walk more each week or train for a marathon.

    “This is for everyone,” said John. “There’s nothing elitist about it.”

    INEOS has also teamed up with well-known sporting brands to provide discounted fitness gear, which, in turn, will earn money for INEOS’ community fitness initiatives.

    “We want to bring together the existing initiatives operating throughout INEOS and inspire the growth of new ones,” said John.

     

    4 minutes read Issue 13
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    Graduates sign up for heat of the battle

    PREPARATIONS for next year’s IN NAM challenge are already underway.

    As INCH went to press, 24 graduates had signed up.

    “Everyone is eligible,” said project leader John Mayock. “No one is excluded. In all 48 graduates have the opportunity to go, but 30 will be realistic.”

    He described the response so far as excellent, especially from graduates in the US.

    Jennifer Niblo, a 24-year-old Process Technical Support Engineer based at Grangemouth in Scotland, is going back to Namibia. But this time she will be an ambassador.

    Her role will be to advise, inspire and train alongside the next group.

    “My job is to encourage them to make the most of this life-changing experience and remind them that all the hard work in training does pay off,” she said.

    The experience was so life-changing for Jennifer that she hopes more graduates will sign up and discover that you can achieve anything if you set your mind to it.

    “I cannot wait to go back,” she said. “It was an amazing opportunity to challenge what you think you are capable of and pushing through the limits, in a country with amazing landscape, scenery and wildlife.”

    Jennifer returned to the UK, feeling fitter and healthier.

    “This time last year I couldn’t run the length of myself but now if I’ve had a tough day at work, heading out for a run is a great way to clear my head, and generally makes me feel a lot better, happier, energised. I also now realise that tough problems at work don’t always have an obvious answer. You have to stick at it and work through bit by bit to get to the end.”

    2 minutes read Issue 13
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    Out of Africa – and fit for everything

    IT was a short, sharp lesson for a privileged few in perhaps what really matters in life.

    Air. Food. Water. And shelter.

    Those, argued American psychologist Abraham Maslow, are every human’s basic needs. Once we have those, that’s when we want more.

    In today’s modern world we have – and demand – a whole lot more. Everything we need is within our grasp. We can order our groceries at the gym, send a text message to someone on the other side of the world and turn the heating off from the pub, if we want.

    So what happens when those ‘necessities’ vanish overnight?

    Twenty nine graduates from INEOS found out for themselves when they signed up for a 350km run, ride and hike across the unforgiving and scorching African desert in one of the rarest and toughest team-building challenges ever set by a company.

    Very quickly they learned that morale boosts did not come from bonuses. They came from glimpses of a rare black Rhino, a cooling breeze, the stunning view of sunrise from the summit of the Brandberg, the highest peak in Namibia, or the sight of base camp after a long and tiring day in the desert.

    The graduates worked well as a team, supporting each other as they scrambled over the challenging and rough terrain.

    “Sometimes we were pushing each other up rocks and other times we were pulling each other up,” said Gabby Isidro, a 26-year-old Energy and CO2 Trader based at INEOS’ Hans Crescent office in London.

    For INEOS Chairman Jim Ratcliffe, it was mission accomplished.

    He had told INCH shortly before they left for Namibia: ‘It’s remarkable what people can do and accomplish when they turn the brakes off in their heads.”

    That’s certainly how Gabby feels today.

    “I don’t think you truly realise your physical and psychological strength until you are pushed to your limits,” she said.

    Gabby readily admits she was one of the least likely people to have volunteered for the six-day adventure into the unknown. She wasn’t overly sporty and her mum Julia wasn’t keen on the idea of her daughter running, hiking and cycling in the blistering heat through the untouched Namibian desert.

    “I was overweight and unfit and my mum was concerned about my right wrist which is part metal, part plastic,” she said. “I’d had five operations between the ages of 18 and 22 and she was worried that all of that reconstructive work could be undone.”

    But the criteria for joining was simple – If you feel you can do it, you’re in – and Gabby felt she could do it.

    She also suspected, remembering with a smile, that being half Portuguese might give her an advantage in the searing heat over some of the more fair-skinned graduates.

    “I was determined to do it,” she said. “I wanted to get healthy and fit. I knew for the bike ride I would need to wear titanium casing and a compression sock but it just showed there is always a way round things.”

    The training beforehand was intense but invaluable.

    “I travel every week and have a lot of responsibility which I love but I remember being in Norway, Belgium and Switzerland in the dead of winter over January and trying to fit in my training. I very quickly, though, got better at managing my time and I got used to taking my gym equipment everywhere I went.”

    In May, she and her 28 INEOS colleagues from around the world boarded a plane for Windhoek, which is possibly the world’s smallest international airport.

    Kasper Hawinkel, a Production Engineer from INEOS Oxide in Belgium, remembers the journey well.

    “I remember having some doubts about my ability to complete the whole event,” he said. “I didn’t think it was possible to cycle 190km and run two half-marathons and a marathon in one week. I was wrong.”

    Gabby was also quite nervous but before she could really focus on the challenge ahead, she was fielding calls from potential suppliers who were bidding for an INEOS power contract.

    “At home I am never without my phone but out there there’s nothing. No phones, no emails, no computers,” she said. “I thought I might struggle with that but it was a real pleasure to be able to fully switch off from work and the outside world in general.”

    Each graduate had been given a luggage allowance of 15kg.

    Aside from the essentials – different shoes for running, cycling and hiking – Gabby packed some make-up. The hair straighteners were left at home.

    Every day presented fresh challenges.

    But every day the graduates faced them head-on – and as team.

    “You just take every day as it comes,” said Gabby. “In some ways you cannot plan for it. You are stuck in the desert, you have no choice, and you have to get from A to B so there is no point in moaning.”

    But there was also a real sense of pride – and a sense that they were all in it together.

    “That certainly kept me going,” said Kasper. “I was confronted with multiple difficult moments both mentally and physically, but I didn’t want to give up and let down the team.”

    Jill Dolan from INEOS’ HR department had sent the graduates a good luck message on behalf of the In Nam’17 project team before they left.

    “Challenges bring out the best in people as they prove you can do things you may not have thought you could do,” she said. “Those graduates will also have made friends for life built on a mutual journey of individual and team challenge and achievement.”

    Kasper and Gabby said life-long friendships were formed.

    “All of us have shared this unforgettable experience,” he said.

    The graduates had been warned about the heat.

    “When you look back it is terrifying,” said Gabby. “But at the time you just get on with the job in hand. There was an absolute determination to get through each day.”

    The wind was also a constant companion, sometimes unbearably so.

    “One day the wind was so strong that it took us almost three hours to cycle 10km (6 miles) in the 47 degree heat,” she said. “It was relentless.”

    Nearly half of her colleagues that day ended up being treated for dehydration. Gabby kept going – only to fall off her bike 3km from base camp.

    “At first I thought I must have fractured my skull because I couldn’t see properly because of all the blood,” she said. “But it turned out that even though I has split my head open, I had just dented my forehead.”

    The experience has changed her – not least because she now bears a small scar on her forehead.

    “It has helped me to find perspective and cope better in difficult or tense situations,” she said. “If ever I feel overwhelmed at work I can simply reflect on any moment of the Namibia challenge and remember that we got through it.”

    She is also determined to remain fit – no matter how busy she is.

    “I now realise that being healthy, fit and in the best physiological condition, I will be able to manage anything that is thrown my way,” she said.

    Phill Steffny, a safari guide from Cape Town, was one of the guides on the trip.

    “It’s a mind-blowing, life-changing experience,” he said. “And everyone has changed.”

    He said the drive and determination shown by the graduates had been inspirational.

    “These types of people work for INEOS,” he said. “It is in their DNA.”

    Phill will be among the guides leading next year’s graduates into the desert.

    “I think everyone can do amazing things,” he said. “You may not have a clue how to do it. But if you are given the opportunity, I cannot understand why anyone would not want to do it.”

    He added: “If you are on your own out there, it’s different. But they were a team. Everyone was in the same boat. One day one person might feel good, then lousy the next. It’s like life. It’s the same.”

     

    3 minutes read Issue 13
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    INEOS’ vision paves way for fresh opportunities in Europe

    INEOS’ ground-breaking decision to ship shale gas from America has paved the way for new investments on European soil.

    These competitively priced raw materials will now be used in plans to expand production of ethylene and propylene for INEOS’ businesses in Europe.

    Output from the new production will be used to feed INEOS’ derivative businesses, replacing ethylene and propylene currently purchased from other companies.

    In all, nearly 2 billion Euro will be spent on major new petrochemical projects in Europe, with Belgium, Norway and Scotland all likely locations for significant investments.

    “Without access to cost advantaged raw materials these investments could not be possible,” said Gerd Franken, CEO INEOS Olefins & Polymers North.

    Work on expanding the crackers at Rafnes, Norway, and Grangemouth, Scotland, is expected to start in 2019 and, once built, could add up to 900kt to INEOS’ overall of ethylene production capacity.

    In addition to the investments in ethylene, INEOS is also planning a new production facility to produce 750kt of propylene, with Antwerp in Belgium one of the possible locations.

    “The use of competitive raw materials to increase the self-sufficiency of our European businesses will support our position in Europe and help to protect our businesses against pressure from imported products,” said Gerd. “This will become increasingly important as significant new capacities come on-line in the US over the coming years.”

    The decision to expand capacity at Grangemouth is especially good news for the staff who, in 2013, had faced the prospect of the ethylene plant shutting due to dwindling North Sea gases.

    “That was our only feedstock and we were running out of it,” said John McNally, CEO INEOS Olefins & Polymers UK. “At times the plant was running at 50% capacity.”

    INEOS Chairman Jim Ratcliffe said that these would be the first substantial investments in the European petrochemicals industry in many years.

    “Collectively, these investments are the equivalent of building a new world-scale cracker in Europe,” he said.

    Pete Williams, Head of Investor Relations, said the investments, which could create up to 100 jobs in total, showed that INEOS was committed to maintaining a competitive manufacturing base in Europe.

    INEOS currently produces almost 4.5 million tonnes of ethylene and propylene – the key building blocks for many petrochemicals – but still remains the largest buyer of both in the region.

    4 minutes read Issue 13
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    Drive to find manufacturing base

    INEOS has begun its search for a site to build what it believes will be the world’s best 4x4.

    Britain is the favoured location but it has received a number of attractive offers from the UK’s European neighbours.

    “Whilst we would love this to be a British vehicle, this is a business venture and our hearts cannot be allowed to rule our heads,” said Tom Crotty, INEOS Director of Corporate Affairs.

    INEOS Chairman Jim Ratcliffe, who was born in the North of England, has voiced concern over the years about the slow death of manufacturing in the UK – and the need to reverse it.

    But only time will tell whether the UK proves to be the best place for INEOS Automotive to invest hundreds of millions of pounds in producing its Grenadier.

    Jim spotted a gap in the 4x4 market early last year when Jaguar Land Rover ceased production of its iconic Defender at its Solihull plant in the West Midlands.

    In an interview with INCH magazine last year, he said that INEOS’ Grenadier had been inspired by the Defender but it would not be a replica.

    “It might share its spirit,” he said. “But it will be a major improvement on previous models.”

    Dirk Heilmann, CEO of INEOS Automotive, said the search for a production site was the latest step in a fantastically exciting project.

    “Our plans for the vehicle are well advanced and the time has come to decide where we are going to build it,” he said.

    INEOS needs a site capable of producing at least 25,000 cars a year to an extremely high standard.

    Green field sites, former car plants and even existing production lines, which can be re-configured for the new vehicle, will all be considered.

    “We’ve already had high level discussions with the UK government as well as a lot of international interest,” said Tom.

    INEOS says its new 4x4 will be aimed at farmers, forestry workers, explorers and adventurers and enthusiasts.

    “It needs to be an uncompromising offroader that not only stands for adventure, but is also capable of being used as a workhorse,” said Jim.

    INEOS is determined that its new vehicle will offer a real and pure alternative to the current crop of standardised ‘jelly-mould’ SUV’s.

    4 minutes read Issue 13
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    INEOS continues to impress markets with strong performance

    INEOS’ performance slowed down slightly after a record start to the year.

    In the first quarter the Group had reported earnings (EBITDA) of 753 million – up 199 million on the same time last year.

    But the second quarter, though down by 115 million on the first, was still impressive at 638 million compared to 570 million this time last year.

    Finance Director John Reece said the North American market had continued to benefit from its flexibility to be able to use cheaper raw materials and Europe was faring well thanks to the continued weakness of the Euro.

    He said markets in Asia had also seen some strength in the quarter.

    O&P North America reported EBITDA of 227 million compared to 225 million this time last year.

    “The US cracker business environment was solid with healthy margins and high operating rates throughout the quarter,” said John.

    Polymer demand was strong, particularly in certain product sectors such as pipe and injection moulding grades.

    O&P Europe reported EBITDA of 210 million – up 20 million on this time last year.

    “Demand for olefins has been solid in a tight market with top of cycle margins,” said John.

    Butadiene prices have now declined from their elevated level in the first quarter of the year. European polymer demand was good in a balanced market, with solid volumes and healthy margins in the quarter.

    Chemical Intermediates reported EBITDA of 201 million compared to 155 million this time last year.

    “The improved performance across all of the businesses continued in the quarter, with sustained good demand for products together with tight supply side conditions as a result of planned and unplanned competitor outages,” said John.

    The overall demand trend in the Oligomers business was strong in most product sectors and markets.

    Demand for the Oxide business was stable, with particular strength in ethyl acetate and butanol.

    Market conditions for the Nitriles business were healthy due to a combination of strong underlying demand, especially in acrylic fibre, and supply limitations due to a number of industry outages.

    Phenol markets remained balanced, with some weakness in Europe due to customer turnarounds.

    John said the Group had also continued to focus on cash management and liquidity, reducing its net debt by 500 million in just three months. At the end of June net debt stood at about €5.2 billion.

    4 minutes read Issue 13
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    INEOS staff make a move – to a new office

    ABOUT 400 INEOS employees in Köln, Germany, will soon be on the move.

    INEOS has invested about 30 million Euros in a new, three-storey office block – modelled on the ‘O’ in INEOS – to bring all the administrative staff together for the first time.

    “We see this investment as a clear sign for our future and also a reflection of how important this site is to the INEOS group,” said Dr Patrick Giefers, Commercial Managing Director and Works Manager.

    It is an open-plan office, which is a relatively new concept in Germany.

    “This is not just a new building,” said Dr Anne-Gret Iturriaga Abarzua, Head of Communications at INEOS in Köln. “This is about a new style of working, communicating and spending your day at work. At the moment if I did close my office door, no one would know I was in here.”

    That will change when the staff move from their individual offices to the new one.

    “It might take a little getting used to but it will be so much better,” said Anne-Gret.

    Staff will be able to see each other in the glass-fronted offices.

    INEOS, though, has not just invested heavily in the new building.

    Money has also been spent working out where everyone should sit so that the new departments not only work well together, but people are happy – and different styles of desks were tested by staff before they were bought.

    “Those things matter a great deal,” said Anne-Gret. “The way it has been organised means that staff can now choose to work at their desks, in the coffee bar, in the cafeteria or in what INEOS has called ‘communication zones’.”

    Staff will also find a modern cafeteria run by a qualified nutritionist who, if asked, will advise people on what to eat, and an in-house gym where they can keep fit, if they want.

    At the topping out ceremony last month, Hermann Gröhe, Germany’s Federal Minister of Health, praised INEOS for its clear commitment to looking after the health and well-being of its staff.

    It is not yet known what will happen to the empty offices.

    The new office block, though, is just part of a 211-million Euro investment package for the site where a new tanker bridge, power plant and supply tunnel, between the west and east works, will be built. 

    2 minutes read Issue 13
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    INEOS awaits verdict on shale gas core wells

    INEOS Shale’s quest to unearth shale gas in the UK continues.

    It has now submitted two planning applications to drill vertical core wells near Sheffield so it can analyse samples of the rock.

    Operations Director Tom Pickering remains confident that the first well could be drilled by early next year and believes the public’s appetite for shale gas exploration is growing.

    “Landowners are naturally worried about protesters but it is a different backdrop today,” he said. “There has been a huge shift from three and a half years ago when we first set out on this road. The mood has changed. Brexit has really concentrated the mind. People now see that we do need to be thinking about the UK’s energy security.”

    The cost of drilling each well could be up to £12 million.

    INEOS Shale now owns the rights to explore 1.2 million acres of land in the UK for shale gas.

    In January this year INEOS increased its acreage when it bought Moorland Energy and with it Government licences to explore an area stretching from Helmsley to East Ayton in East Yorkshire.

    1 minute read Issue 13
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    Oxide plans to increase production

    JUST months after buying out Arkema’s 50% stake in Oxochimie, INEOS Oxide wants to grow the business.

    It is now considering producing a new range of oxo derivatives, including 2-ethyl hexanoic acid and polyalcohols, to complement its existing products.

    Oxo alcohols are mainly used to produce acrylic esters, diesel additives and paints and make lubricants.

    The site of the new production plant is likely to be on a core INEOS site in either Zwijndrecht, Belgium, Dormagen, Germany or Lavéra in France.

    “This is a significant growth project for INEOS,” said CEO Graham Beesley.

    Oxochimie had been a 50:50 joint venture between INEOS Oxide and the French chemicals group Arkema. INEOS fully acquired it in March this year.

    1 minute read Issue 13
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    Global demand drives European investment

    INEOS Oxide is to capitalise on the continuing global demand for vinyl acetate monomer (VAM) an essential chemical used to make paints, windscreens, fuel tanks, PVC and adhesives.

    It plans to spend hundreds of millions of Euros building a new plant at one of its integrated European sites either in Saltend, Hull, Koln in Germany, or Antwerp in Belgium.

    CEO Graham Beesley described it as an exciting project for INEOS.

    “The demand for VAM in Europe continues to grow briskly but the market is currently uncomfortably reliant on imports from remote locations for sufficient supply,” he said. “Our new capacity is designed to plug the gap and improve supply dependability to our customer base.”

    All three locations benefit from pipeline or terminal supply of the raw material ethylene, and low cost logistics for the other key raw material, acetic acid. In addition, all three are also well positioned to supply the VAM market efficiently.

    1 minute read Issue 13
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    Germany chosen for new cumene plant

    INEOS is to build its own world-scale cumene plant in Germany with the very best technology.

    The decision was made in response to demand from its customers and to ensure a secure supply of cumene, an essential raw material for INEOS’ phenol and acetone plants in Gladbeck and Antwerp.

    “Our plan shows a clear commitment to our European phenol sites and our business,” said Hans Casier, CEO of INEOS Phenol.

    The new plant is expected to be up and running by 2020.

    INEOS Phenol is the world’s largest producer of phenol and acetone and the largest consumer of cumene. It already owns and operates one of the world’s largest single train cumene plants at its Pasadena site in Texas.

    1 minute read Issue 13
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    Record year for INEOS

    INEOS achieved record profits last year.

    It recorded underlying profits of €4.3billion – a figure only rivalled by the very biggest names in the industry.

    The company said it was also repaying a €1.2 billion debt from its own cash resources and had refinanced a €4 billion debt, saving more than €100 million a year.

    “It’s fantastic news,” said INEOS Chairman and Founder Jim Ratcliffe. “INEOS is in great shape. These figures confirm that it is doing better than ever. All the businesses are performing well and our successful refinancing shows that the market is clearly recognising this fact.”

    INEOS Finance Director John Reece said INEOS had spent the past three months working on the finance package, which had resulted in it being able to reduce costs and extend maturities until 2022 at the earliest.

    “Not only that but we were oversubscribed by 50%, which showed the credit market’s strong confidence in us,” he said.

    Jim said INEOS was a unique business.

    “We only set it up 18 years ago, and it has never floated,” he said. “It’s a tribute to everyone involved – management and staff – that it is now doing so well.”

    The news of its record year coincided with the official opening of its new UK headquarters in Knightsbridge, London.

    Jim said the move reflected INEOS’ growth in the UK, where it is investing more than $2billion, and its immense confidence in Britain’s economic future.

    “We’ve come back to Britain because there is a lot going on here,” he told guests at the official opening of its Hans Crescent HQ on 7 December last year. “The UK is a much better place than it was 10 years ago and the Conservative government is very positive about business.”

    INEOS currently supplies many British homes with gas, it operates a growing trading and shipping business, its chlorvinyls business, now known as INOVYN, has doubled in size, its Grangemouth site is undergoing a renaissance and it is planning to extract shale gas in the north of England.

    Britain’s decision to leave the European Union didn’t matter, he said.

    “We are not concerned about Brexit,” he said. “At the end the day the UK is the world’s 5th largest market and you can’t ignore the world’s 5th largest market.”

    4 minutes read Issue 12
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    INEOS’ birthplace

    ANTWERP has been a magnet for trade ever since it began exporting wine from Germany to England in the 12th century.

    So it is rather fitting that it is where Jim Ratcliffe should do his first, major deal when he bought the freehold to a former BP-owned site in Zwijndrecht, Antwerp, 19 years ago and founded INEOS.

    Since then The Port of Antwerp has become the most integrated petrochemical cluster on the planet with links to the rest of the world, via sea, rail, and road and an extensive, 1000km pipe network.

    And INEOS has grown from just one site in Belgium to become the world’s third largest chemical company with sales of $40 billion and employing 17,000 people at 67 manufacturing sites in 16 countries.

    Both clearly shared a vision, saw opportunities where others didn’t and believed in a smarter future that continues to this day.

    “INEOS is a big player in our industry in Belgium and has been part of the development and success of this chemical cluster,” said Yves Verschueren, Managing Director of Essenscia, the Belgian association for the chemical industry. “It drives process efficiency to the highest levels and often shows us where the markets are leading us.”

    From one site at Antwerp in 1998, INEOS now operates eleven other manufacturing sites in Belgium – in Lillo, Doel, Zandvliet, Geel, Tessenderlo, Jemeppe Sur Sambre, Feluy and Zweijndrecht – and a research laboratory in Neder-Over-Heembeek (NOH) where more than half of the 100+ employee are highly-educated engineers and PhDs from all over the world.

    Together INEOS businesses – Oxide, Styrolution, Phenol, Oligomers, INOVYN, ChloroToluene and INEOS O&P Europe – produce products that make modern life possible, and, with 2,500 staff, are the second largest employer in the petrochemical industry in Belgium.

    One who remembers the birth of INEOS is Hans Casier, now CEO of INEOS Phenol.

    “Jim saw great potential in the site and the business at Zwijndrecht,” he said. “He listened to people’s ideas of what needed to be done to increase production.”

    He not only listened but he challenged the staff to do it.

    “It was quite a shock to the system,” said Hans. “We were not used to that approach. We were no longer being asked to contemplate what needed to be done. We were being asked to do it. And deep down we knew we had to make it work.”

    The turnaround was swift and there was a real focus.

    Hans attributed the success to the Belgian teams who not only believed in the plan but had the knowledge and skills to make it happen.

    “We may be a small country but we are also quite open-minded which has helped us over the years to attract a lot of inward investment from the likes of Germany, the US, Japan, France and the UK,” he said.

    One of the things that INEOS in Belgium has been good at is convincing others – so called Third Parties – to share. To date, 12 of its suppliers and customers now occupy its site at Zwijndrecht, saving money by sharing resources, energy, infrastructure and services.

    And it has some impressive statistics of its own.

    The largest PAO production plant in the world is run by INEOS Oligomers from Feluy.

    Its Geel site, which is championed by outsiders as one of the most energy efficient plants in Europe, produces more than 100 products that are distributed to 76 different countries.

    The second largest ethylene oxide unit in Europe is in Antwerp where every year INEOS Oxide produces 400,000 tonnes of the base chemical for almost everything made for modern life.

    Lillo has a hand in helping to make two of Belgium’s most important products – the plastic wrappers for its chocolate and a pipeline for its beer.

    “The Belgians like their beer so we love the fact that we have made the pipe that transports beer from a brewery in the centre of Bruges to outside the city where it is bottled,” said Veerle Gonnissen, site manager for the Olefins & Polymers North Plants (Geel and Lillo).

    One of the site’s other big customers is the UK’s fresh milk market.

    “In the UK they use a lot of fresh milk and 70% of the bottles they use are made from our products,” she said.

    But that’s not all. The sites also specialise in producing plastics for packaging, medical equipment and, even, artificial grass.

    Belgium is also home to the world’s biggest and most efficient phenol and acetone plant, producing 650,000 tonnes of phenol and 425,000 tonnes of acetone a year.

    “We have a great team here,” said Marcus Plevoets, site manager for INEOS Phenol. “It is a brand new facility, we have the best technology and the highest energy efficiency.”

    Phenol can be found in cleaning products, shower gels, shampoos, aspirin, plastics and mobile phones.

    “A life without phenol and acetone is difficult to imagine,” said Marcus, “because these products are everywhere.”

    As with all of INEOS’ sites, safety, reliability and growth remain the focus for the team at INEOS Oxide – one of only a few producers in the world of ENB, a very special polymer used predominately in the car industry.

    “We have really mastered this over the years,” said CEO Graham Beesley, who, in a previous life when he worked for Procter & Gamble, was one of INEOS’ customers. “There are only two established producers in the world and we are the only one in Europe.”

    He said the site had managed to treble its production of ENB by making a series of minor expansions over the 19 years of INEOS’ existence.

    Over the years INEOS’ other sites throughout the world have, in fact, looked to Belgium for inspiration in how to be part of a successful petrochemical cluster.

    “INEOS does take advantage of being part of such a large and integrated cluster, but it also contributes a lot,” said Yves. “It interacts with the local community and in many respects, through its work, has opened the eyes of people living here. It has certainly helped government officials to understand how innovation can really play a crucial role in the success of this cluster.”

    Looking to the future, all INEOS’ Belgian sites have plans to do things better. Sharper, smarter thinking remains top of their list.

    A crucial, current project for INEOS Oxide at Zwijndrecht is the construction of a new ethylene oxide storage tank and a fifth alkoxylation reactor.

    The site wants to focus on producing more alkoxylates, which can be made into a whole raft of products, but it needs more ethylene oxide on tap, and a fifth reactor on site to cope with the demand.

    “This will enable the business to be less reliant on selling ethylene glycol, which, while being important for the business, is more volatile when it comes to profit margins,” said Graham.

    INEOS Styrolution is planning to convert an extruder line to produce white-coloured ABS for use in the production of household appliances and electronic devices.

    INEOS O&P Europe is planning upgrades and a new catalyst feeding drum so it can run with two different catalysts.

    INOVYN wants to extend its membrane electrolysis by 25% and invest in a large-scale potassium hydroxide (KOH) production unit.

    And INEOS Phenol is currently exploring ways of working with other industries on the huge site to use energy generated from waste as part of a major initiative.

    “It’s early days but we will work hard to make this happen,” said Marcus.

    By capturing and reusing wasted steam to power other plants on the site, INEOS will stop 100,000 tons of greenhouse gases being pumped into the air every year.

    And that matters to Marcus and his team.

    “We need to show society that we do care about the next generation and that we are environmentally friendly,” he said.

    Despite the rapid – and continued – growth of INEOS, Belgium retains its special place in Jim’s heart and remains very much at the heart of what and how it does business.

    Will it be ignored post-Brexit? Not at all, says Jim.

    “Belgium is a great manufacturing country, we have made a huge amount of investment and it has a great track record,” he said.

    4 minutes read Issue 12
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    Belgium’s growing industry

    BELGIUM’S chemical industry is not only thriving. It’s growing.

    Essenscia, the Belgian association for the chemical industry, said that was a result of always striving to be one step ahead of the competition by focusing on innovation, be it in new products, high quality infrastructure, energy efficiency or hiring the very best people.

    “We are faced with challenges but we remain confident that we can master them,” said Managing Director Yves Verschueren.

    The industry employs about 90,000 people directly with more and more being hired every year.

    “That’s in sharp contrast to other industrial sectors which have seen job losses,” he said.

    Its annual contribution to Belgium’s GDP is about 16 billion euros.

    “This really is an industry of utmost importance to this country,” said Yves.

    As such, it does have clout.

    “Successful companies like INEOS have an important role in helping our government officials to understand that investments will only continue to be made if the conditions continue to be right here,” he said. “And that includes lower energy costs.”

    The Belgians, though, do face other challenges – just like the rest of western Europe.

    “Youngsters have, to a certain degree, lost interest in science, maths and engineering,” said Yves.

    One who feels that is Holger Laqua, Plant Manager at INEOS Oxide in Zwijndrecht, Antwerp.

    “Ours is a very technically-orientated site and finding good technical people is a challenge,” he said. “We go into schools and explain what we do and what we make because we need to make children from 12 think about this profession.” Essenscia also visits schools, and has set up science parks and museums to change perception and show children that the answers to today’s most challenging questions will come from the chemical industry. “We need to open their eyes and show them what the chemistry industry is already doing to create a more sustainable society and tackle climate change,” said Yves. And with 2,600 vacancies expected every year in the coming years to replace those who are retiring, that will become increasingly more important.

    2 minutes read Issue 12
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    INEOS to build huge butane storage tank

    INEOS has taken yet another bold step to reinforce its global position.

    Last month it confirmed that it planned to build the largest butane storage tank ever seen in Europe.

    Once built, INEOS will be able to import lowcost butane from America, and other world markets in the largest ships possible to supply competitive raw materials to its naphtha crackers in Köln, Germany, and ultimately Lavéra in France.

    The tank, which will be built in Antwerp, will also mean INEOS Trading & Shipping can sell butane in Europe.

    INEOS’ gas crackers – in Norway and Scotland – are already reaping the benefits of INEOS’ decision to ship low-cost ethane from the US to Rafnes and Grangemouth where it is stored in huge, purpose-built tanks.

    The latest news also reinforces Belgium’s important position in the world of petrochemicals.

    The Port of Antwerp is already home to the biggest ethylene terminal in Europe and the second largest in the world, thanks to INEOS.

    Seven years ago INEOS invested 100 million euros in the new, one million tonne terminal so it could import low-cost ethylene from around the world for its European plants and those connected along the ARG pipeline.

    “This latest tank and terminal will provide INEOS with increased flexibility and security of supply that will significantly improve our competitiveness in Europe,” said David Thompson, CEO INEOS Trading & Shipping.

    “It also positions INEOS as a major player in global LPG markets.”

    Holger Laqua, Plant Manager at INEOS Oxide, believes INEOS is driving the chemical industry in Europe.

    “A few years ago others thought the European chemical industry was dead but we made some good decisions,” he said.

    3 minutes read Issue 12
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    BP sells Forties Pipeline System to INEOS

    INEOS has agreed a $250 million deal buy BP’s Forties Pipeline System which delivers almost 40% of the UK’s North Sea oil and gas.

    The sale of the 235-mile pipeline system was agreed this month, subject to regulatory and other third party approvals.

    When it first opened in 1975, the pipeline transported oil from BP’s Forties field, which was then the UK’s first major offshore oil field, primarily to the Grangemouth refinery and petrochemical plant in Scotland.

    BP then owned both the refinery and chemical plant but sold them to INEOS in 2005.

    Today the pipeline links 85 North Sea oil and gas assets to the UK mainland and INEOS’ site in Grangemouth where 20% of the oil, which passes down the pipeline, feeds the refinery to provide 80% of Scotland’s fuel.

    INEOS Chairman and Founder Jim Ratcliffe described the Forties Pipeline System as a UK strategic asset.

    “INEOS will be able to produce greater efficiencies and help secure a competitive, long-term future for this important piece of UK oil and gas infrastructure,” he said.

    Last year the pipeline’s average daily throughput was 445,000 barrels oil and 3,500 tonnes of raw gas. But it can transport 575,000 barrels of oil a day.

    The 300 people, who operate and support the FPS business at Kinneil, Grangemouth, Dalmeny and offshore, are expected to become INEOS’ Upstream employees.

    INEOS already supplies gas to many thousand British homes following its decision to buy the Breagh and Clipper South gas fields in the Southern North Sea from Letter1 in 2015.

    On completion of the deal the ownership and operation of Forties Pipeline System, the Kinneil terminal and gas processing plant, the Dalmeny terminal, sites at Aberdeen, the Forties Unity Platform and associated infrastructure will transfer to INEOS.

    “This is another very significant deal for INEOS,” said Jim. “The acquisition reunites North Sea and Grangemouth assets under INEOS ownership. INEOS is now the only UK company with refinery and petrochemical assets directly integrated into the North Sea.”

    3 minutes read Issue 12
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    INEOS Shale clears its first hurdle

    INEOS remains committed to pursuing shale gas exploration in the UK.

    It hopes to drill its fi rst vertical, coring well this year at a site near the Derbyshire village of Marsh Lane to test the nature of the rock thousands of feet beneath the surface.

    In March Derbyshire County Council ruled that INEOS did not need to carry out an environmental impact assessment before submitting its detailed planning application to drill in Bramleymoor Lane.

    “We were very pleased with that decision,” said Tom Pickering, INEOS Shale Operations Director. “But whilst screening demonstrated that there was no need for an assessment on this occasion, we will of course carry one out when there is a clear need for us do so.”

    Despite the ruling he sought to reassure villagers, who might be concerned about the impact on the environment, that their views would still be considered.

    “Although we are not required to complete a formal impact assessment, all relative environmental concerns will be addressed as part of our planning application,” he said.

    The plans, which will be drawn up after meeting members of the local community, will include a report about the use of water, ecology, noise, landscape and visual effects, and cultural heritage.

    “We want to ensure that the important issues have been discussed, considered and are understood before we submit our planning application,” said Tom.

    Once the well has been drilled, samples of the rock will be analysed in a laboratory.

    “We need to identify the geological characteristics of the rock and its gas-producing properties,” said Tom.

    INEOS believes Britain needs to consider where it will get its energy from as coal and nuclear power stations close. Britain’s last coal mine, Kellingley Colliery in North Yorkshire, closed in December 2015, bringing to an end centuries of deep coal mining in the UK.

    “Extracting shale gas is not about using more fossil fuels,” said Tom. “It’s about displacing coal, and using our own gas rather than imports.”

    Earlier this year Friends of the Earth admitted it had misled the public over fracking.

    The Advertising Standards Authority found the group had no evidence to show that the fl uid used in fracking contained chemicals dangerous to people’s health.

    The authority’s exhaustive 14-month investigation also showed the environmental group could not prove claims that a US fracking site had caused an increase in asthma rates, and that the public in Britain would face a similar risk by living or working near a fracking site.

    FOE also wrongly claimed that fracking would lead to falling house prices and increase the risks of cancer.

    “These false claims have formed the heart of the FOE’s wrongheaded opposition to fracking,” said Tom.

    He said INEOS wanted a ‘grown-up science-based discussion’ based on truth.

    “Britain’s energy and manufacturing sectors are too important to allow fake facts to infl uence the debate,” he said. “Unfortunately, Friends of the Earth and Friends of the Earth Scotland don’t want to engage with us.”

    3 minutes read Issue 12
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    Mariah edges closer to Olympic glory

    SPORTS do not build character; they reveal it.

    One man who would agree with the late basketball player John Wooden’s sentiment is INEOS’ Andy Bell.

    He is father to two girls – both of whom are worldclass ice skaters.

    “The most important thing was that they became better people,” he said. “We did not have any interest in raising prima donnas.“

    His eldest daughter Morgan, 25, skates for Disney on Ice and travels the world playing Anna from the fi lm Frozen. His youngest daughter Mariah, 20, is now a serious contender to make next year’s US Olympic team.

    Andy and his wife Kendra understand the importance of having a strong work ethic. And it’s something they have passed down to their children.

    “You have to love the grind of training and hard work,” said Andy. “You have to be passionate about what you do. We never focused on their results but rather their work ethic and the effort they put in. It’s a marathon not a sprint. So many parents of young athletes fail to realise that and push their kids. Sadly most of them never last very long.”

    Andy is equally as passionate about his work with INEOS.

    He was instrumental in helping INEOS to secure deals with American companies as part of its ground-breaking decision to ship shale gas from the US to Europe.

    For almost six years he worked tirelessly on what became known as the Mariner Project, leading the negotiations for the 15-year terminal and supply agreements.

    “In the early days we faced a lot of industry scepticism about our ability to pull the project off,” he said. “But many of the relationships, which started from cold calls, are now very strategic partnerships.”

    There were dark days, though, and to cope Andy drew inspiration from his daughter.

    “Many times, when things were not going well, I found a lot of strength thinking about Mariah’s journey in skating, the high and lows, and how if you keep pressing on with your head high you will ultimately succeed,” he said.

    The only downside to his job is that he spends most of the week in Houston, Texas, Pittsburgh or Philadelphia – about 1,000 miles from the family home in Monument, Colorado.

    “It’s hard but my primary support role is to fund, as best I can, her pursuits, providing her the best coaching and training environment we can afford,” he said. “My wife carries the heavy load of day-to-day support and she is amazing.”

    He said sacrifi ces had been made.

    “There have been a lot, but our primary goal as parents has always been to support our girls to pursue their passions,” he said. “And I cannot think of a more important endeavour.”

    3 minutes read Issue 12
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    Graduates face ultimate team-building exercise

    IT is a team-building exercise only the likes of INEOS would have devised for its graduates.

    But company chairman Jim Ratcliffe believes anything is possible with the right attitude and that’s why they have been set the rarest and toughest of team challenges.

    “It’s remarkable what people can do and accomplish when they turn the brakes off in their head,” he said.

    For six days, the 29 graduates ran, hiked and biked 250km in the blistering heat through the untouched Namibian desert, the last frontier of the big 3 – the lion, the black rhino and the desert elephant.

    They passed over ancient volcanic craters, climbed the Brandberg, Namibia’s highest peak, and conquered the unforgiving basalt lavas of the Ugab on foot.

    “Although they enured gruelling physical conditions, and running and cycling on sand, the rewards will be huge,” said project leader John Mayock.

    The graduates, who include eight women, began their epic journey from Cape Cross on the Skeleton Coast on Saturday May 6.

    “I have noticed a few of them were a little nervous, but the positive camaraderie amongst them was fantastic,” said John.

    Jim is no stranger to danger. He is one of only a handful of people who has made it to both the North and South Pole. He joined the graduates along with Simon Laker, INEOS Group Operations Director, and fitness and medical experts.

    “Part of the INEOS philosophy is to encourage people to take on more,” he said. “If you can, I believe you should maximise the number of days in your life that are unforgettable.”

    INCH will cover a full report of the event in its next edition due out in July.

    PAIR FOCUS ON TASK AHEAD AS INEOS TURNS UP THE HEAT

    INEOS graduates Hannah Salter and Kasper Hawinkel feared the intense heat more than anything.

    But the thought of running, climbing and cycling in 43 C kept them both focused on the need to train well before they flew to Namibia.

    “All these anxieties have been very helpful in making sure I do enough of the right types of preparation,” said Hannah, 30.

    Aside from the heat, plenty appealed to them about the trip, not least sleeping under the stars at the top of a mountain and making friends for life.

    “A lot of my university friends are jealous,” said Kasper, 28. “Their team-building exercises have involved obstacle courses and go-karting.”

    Neither Kasper nor Hannah views themselves as athletic, but both love the outdoors. Hannah loves kayaking; Kasper plays water polo.

    “The trip is my idea of a great holiday, albeit an extreme version of one,” said Hannah, a Procurement Specialist of Polymer Additives, Catalysts and Chemicals for O&P Europe.

    Kasper is a production engineer at INEOS Oxide in Antwerp, Belgium.

    “This is a once-in-a-lifetime opportunity and a great challenge to test and expand the limits,” he said.

    4 minutes read Issue 12
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    Safe Bet

    ACCIDENTS were commonplace during the Industrial Revolution. Workers, many of them children, often toiled for hours in dreadful conditions.

    In 1842 a German visitor noted that he had seen so many people on the streets of Manchester in the North of England without arms and legs that it was like ‘living in the midst of an army just returned from a campaign’.

    Thankfully those days are long gone.

    Accidents still do happen but the dangers of exposing workers to asbestos, lead, silica, carbon monoxide and cotton dust are known, and organisations, like OSHA and the HSE, exist to ensure companies abide by the laws of the land.

    It would appear, though, that the public continues to perceive the chemical industry as an inherently unsafe business.

    “It is frustrating because we know that this is not the case,” said Simon Laker, INEOS Group Operations Director.

    Simon recently gave a talk to the insurance market to explain INEOS’ approach to safety, its operations and its management of risk.

    During his presentation he referred to the latest statistics from pan-industry OSHA (Occupational Health and Safety Administration), the strict, US-developed, but worldwide used, system of recording workplace accidents, injuries and illnesses.

    The results showed that some industries had significantly more accidents than others. Topping the list was manufacturing, closely followed by the construction industry where four in every 100 employees had been injured.

    The overall petrochemical industry, however, fared much better – with INEOS’ performance even better than that.

    “People were very impressed with our approach to safety and managing risk and recognised the relentless improvement as borne out by the statistics over many years,” said Simon.

    Last year INEOS recorded its best-ever safety performance at OSHA rate of 0.32 (0.32 injuries per 100 full-time employees).

    What made that safety record even more impressive was that INEOS achieved it whilst acquiring businesses from companies that do things differently.

    “We now have more than 80 sites across 16 countries operating many different technologies, processes and thousands of procedures, monitored across hundreds of thousands of data points,” said Simon. “But it is because of our focus on safety that we continue to see improvement, despite our growth. That ability – to seamlessly integrate new businesses into its safety and operations approach – was actually highlighted by the insurance industry.”

    Simon told INCH that staff were expected to report all incidents because INEOS believed that was the best – and only – way to ensure valuable lessons were learned every time.

    “The public should be more confident in a company that reports issues, even minor ones, rather than one which says it has nothing to report,” he said. “It is clear to us which company takes health and safety seriously and which is brushing it under the carpet.”

    Complacency, though, will always be the biggest danger – and that is something INEOS guards against.

    “Our aim is always to continually improve so that we have zero incidents,” said Simon. "Only then will we be happy.”

    5 minutes read Issue 12
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    The Daily Mile gives children a head start

    CHILDREN who run about a mile every day at school do better in the classroom.

    A new study has shown that children who ran for 15 minutes a day over three months performed up to 25% better than expected in reading, writing and maths exams. The children were also fitter, more confident and less disruptive.

    The results have been welcomed by INEOS, which has invested its time, energy and money in helping retired Scottish headteacher Elaine Wyllie to spread the word about her Daily Mile scheme to get children fit for life.

    “This is excellent preliminary evidence that The Daily Mile has a positive and transformative impact on children’s physical fitness and wider health and wellbeing,” said Holly Eager, Assistant Communications Officer at INEOS’ London-based headquarters.

    The report had been commissioned by the London Playing Fields Foundation for Public Health England and Sport England to evaluate the impact of The Daily Mile at Coppermill Primary School in East London. For 12 weeks, 76 children from the school were monitored as they ran around a 340-metre track on a playing fi eld for 12 minutes.

    “It was just a happy coincidence that they effectively chose to evaluate the Daily Mile,” said Holly. “We didn’t know about it until it was near completion.”

    The results of the experiment amazed teachers, though, with children performing signifi cantly above national and regional predictions in their maths, writing and reading SAT exams. Nationally, 66% of pupils were expected to achieve the national average in reading, but at Coppermill 92% met the grade.

    “It’s amazing,” said headteacher Figen Bektasoglu. “The Daily Mile does not make children brighter but more focused, attentive and ready to work.”

    Ursula Heath, Group Communications Offi cer at INEOS, said children from more than 2,500 primary schools in the UK, Europe and the US now took part in The Daily Mile, which involves them leaving the classroom in their uniforms for a 15-minute run, walk or jog.

    That equates to 500,000 pupils running 1.5 million miles a week and, with INEOS’ support, the initiative is still growing.

    KIDS CONQUER THE WORLD

    CHILDREN from St Polycarp’s Primary in Farnham, Surrey, have now effectively run around the world twice. Together they have walked, jogged or run 58,522 miles since The Daily Mile was launched in their school. “Our reception children love running which bodes well for the future,” said a spokesman for the school.

    4 minutes read Issue 12
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    Go Run For Fun offers schools food for thought

    INEOS’ successful GO Run For Fun campaign to inspire a healthier generation is moving into the classroom.

    The campaign to get kids running again has been phenomenally successful since it was launched in the summer of 2013 but INEOS believes it can do more to encourage children to lead healthy, active lifestyles.

    Its team are now focusing on supporting schools, initially in the UK, in promoting the importance of getting fitter and eating the right food.

    Bite-sized videos and activities, which can become part of lessons, will be offered to schools. Teachers will also be encouraged to set up school running clubs and pupils will be given the chance to become ambassadors to promote the campaign in school.

    The GO Run For Fun team will continue to host the free fun runs throughout the UK, but there will be fewer, larger ones.

    “It is simply a focus on making the messaging longer lasting,” said Ursula Heath, group communications officer.

    GO Run For Fun was founded by INEOS Chairman Jim Ratcliffe amid concerns about the growing obesity crisis among children.

    The Global World Health Organisation regards it as one of the most serious global public health challenges for the 21st century. In the UK alone, almost a fifth of four to five-year-olds are overweight.

    Since the fi rst event, more than 190,000 children, aged fi ve to 10, have taken part in events spanning the UK, France, Germany, Belgium, Norway, Italy, Switzerland and Houston, USA.

    “And we are still growing,” said Ursula.

    Last year the team staged 40 events in the UK.

    This year there will be a handful

    “But those will be even bigger events,” said Ursula.

    Events will continue as normal in mainland Europe and America.

    2 minutes read Issue 12
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    INEOS joins battle to turn tide on plastic pollution

    INEOS is officially backing an international initiative to stop the flow of plastic waste into the world’s oceans and rivers.

    Chairman and Founder Jim Ratcliffe has signed the global plastic industry’s Operation Clean Sweep® – and has pledged to do all he can.

    The decision to sign was made as the UN Environment Programme claimed about eight million tonnes of plastic end up in the sea every year.

    “Unless global action is taken now, our oceans will be filled with the leftovers of human consumption,” a spokesman said in a recent report.

    “These are really scary statistics and numbers like this stick, especially in the minds of politicians, Non Governmental Organisations (NGOs), environmental pressure groups and society at large,” said Dr Jason Leadbitter, Sustainability & Corporate Social Responsibility Manager at INOVYN.

    THE UN Environment Programme intends to invest $6 million over the next five years as part of its ambitious campaign to turn a neglected problem into one that can no longer be ignored.

    Jason may work for a company that is one of the world’s biggest producers of plastic, be it in pellet or powder form, but he says INEOS has been aware of – and trying to tackle - the problem for years.

    “We already have countless procedures in place to ensure our sites and processes are carefully managed to prevent plastic powder and pellet lost,” he said. “It is common practice to have spill kits in place and to ensure that good housekeeping is maintained at all times to prevent leakage to the environment.”

    One of the key pledges of Operation Clean Sweep®, though, will be to provide additional training and accountability to INEOS’ staff, as well as regular audits.

    “We need to be seen to be taking positive action because we will be judged on this in the years to come,” he said. “It is also in our interests, as such losses, however small, have an economic value to the business.”

    Jason recalled how 10 years ago he was sitting on a beach in Sardinia when his daughter fished plastic pellets from the sand and asked him what they were.

    “I have to say I was rather embarrassed to tell her that her daddy worked in an industry that made such pellets,” he said.

    Jason said the industry could face a bleak future if it failed to tackle this growing and serious problem.

    “If we fail, then the bigger threat is the design out of plastics which some NGOs are already calling for with regard to certain types of single-use plastics,” he said. “Thankfully Operation Clean Sweep® is beginning to gain momentum and also credibility with some of the NGOs as more and more companies sign up to its pledge.”

    In the UK alone, Fidra, a Scottish-based charity, estimates that up to 53 billion of these plastic pellets are lost each year.

    “If you can imagine that a 24-tonne tanker contains about 1.5 billion pellets, you can understand the scale of the problem,” said Jason.

    Thankfully, Fidra wants to work with industry, including trade associations, not against it.

    “It understands the importance that plastics play in society and is trying to address the problem collectively,” said Jason. “It sees Operation Clean Sweep® as a means of industry taking on its responsibility.”

    But plastic pellets are only part of the problem.

    Microbeads – the tiny bits of plastic found in exfoliating body washes and facial scrubs – are designed to be flushed down drains. But the particles float in water and can be carried over significant distances. There are numerous campaigns, calling for them to be banned, but in the meantime, fish feed on them, mistaking them for food.

    “Personally I find microbeads completely indefensible,” said Jason. “The leakage to nature is unavoidable and they clearly do tarnish the reputation of the plastics industry.”

    Over the next five years the UN Environment Programme plans to mobilise the biggest-ever clean-up of beaches around the world to highlight the problem.

    “This is an issue not just for industry, but for the whole of society,” said Jason.

    ELLEN MACARTHUR WARNS OF STORM ON HORIZON

    DAME Ellen MacArthur, who made history when she became the fastest solo sailor to circumnavigate the globe in 2005, has become a driving force for change.

    She believes the structure of today’s global economy is fundamentally flawed – and believes people can learn from nature where nothing is wasted.

    “How can our economy really run in the long term when it involves taking a finite material out of the ground, making something out of it and then ultimately throwing it away?” she said. “We need to build an economy where we use things, not use them up.”

    In a new report, published in January by the Ellen MacArthur Foundation and the World Economic Forum, global plastics producers were called on to design better packaging, increase recycling rates and introduce new models for making better use of packaging.

    Just 14% of plastic packaging is currently recycled. She believes it can easily be increased to 70% by rethinking the design.

    6 minutes read Issue 12
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    Climate of change

    INEOS has embarked on an initiative that has the power to change the world.

    It has joined ELEGANCY, a Norwegian-led research project to fi nd a way better, easier and cheaper way of capturing carbon, the greenhouse gas blamed for global warming.

    If the EU agrees to fund the project this spring, INEOS will sponsor a PhD student at the Imperial College in London to explore how, chiefl y, its Grangemouth site in Scotland could capture and store carbon.

    “In the future the UK is going to have to run its economy with much lower carbon emissions to meet tougher climate change budget targets so this is a very good collaboration,” said Professor Nilay Shah, head of chemical engineering at the college. “We will provide the student with a lot of the tools to carry out the analysis and the team in Grangemouth will give them a lot of the industrial reality of what may, or may not, be possible on the site.”

    INEOS, he said, was the perfect company to work with on a project that was close to the college’s heart.

    “It is quite a far-thinking company and has some amazing facilities, not only in Grangemouth, but also in mainland Europe and it’s very interested in what we’re trying to do in hydrogen and carbon capture,” he said. “All the indications are that they are very open to have this kind of collaboration and to be challenged, and to be pushed hard, to go green and go quickly.”

    The college has recently built a pilot carbon capture facility to better understand how carbon capture works.

    “We want to show companies like INEOS that it’s actually possible to keep operating in a low carbon environment,” he said.

    Industry has so far managed to reduce its emissions through energy efficiency even though it is not legally obliged to do so.

    But Professor Shah said companies like INEOS were sensible to start making more plans for the future before the law did change.

    “It not only shows their commitment to reducing their carbon footprint but also that they realise their wider obligations to society,” he said.

    Professor Shah said INEOS’ decision to want to work closely with a PhD student was also refreshing because the company knew that the student might ask some diffi cult questions and expose ineffi ciencies within the business.

    “The student might potentially find alternative ways of doing things which can be better, so the people at the other end, need to be comfortable to be open about what they’re doing,” he said. “To us, this collaboration shows that INEOS wants to go down a very clean production process path.”

    Governments believe capturing and storing carbon is part of the road to creating a lower carbon economy.

    But industry, in some ways, is sceptical. It says not only is the technology currently too costly to build and operate, but no one has thought about how its unwanted gas could be distributed to those who need or want it.

    INEOS, which produces carbon dioxide as a byproduct of its processes, says the PhD student will spend most of their time at Grangemouth, and its cracker sites in Rafnes, Norway, and Köln, Germany.

    “That’s what appealed to INEOS,” said Colin Pritchard, Energy and Business Manager at Grangemouth. “This is not going to be a purely academic exercise. The solutions need to work in industry.”

    The student will be able to judge for themselves how well their ideas would work in a real-life industrial setting.

    INEOS became involved in the project through Greet Van Eetvelde’s R&D network, via Professor Mazzotti at ETHZ in Zürich and Professor Shah, both of whom are ELEGANCY partners. If it goes ahead, in July, INEOS will explore the pros and cons of carbon capture and storage, as part of the consortium of hand-picked industrial partners and academic institutions in Europe.

    “It is a big project with the potential to change the world but even a company as big as INEOS needs to work with other partners to make this happen because the challenges are beyond one simple engineering thing,” said Colin whose job is to ensure Grangemouth’s manufacturing plant is supplied with suffi cient steam and power.

    Greet, who chairs the pan-INEOS Carbon and Energy Network, drives R&D projects across INEOS’ businesses. Her aim is to understand and generate industry-proof solutions to the challenges of switching to a lower carbon economy.

    “We hope, through our industrial experience and operational knowledge, that we can help to plot a pathway to that future,” she said.

    4 minutes read Issue 12
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    INEOS raises its North Sea profile

    INEOS has bought a Danish company’s entire oil and gas assets in the North Sea for more than $1 billion.

    DONG Energy said it wanted to focus on renewables, in particular wind farms.

    “We have been actively working to get the best transaction by selling the business as a whole to ensure its long-term development and, with INEOS, we have obtained just that,” said Henrik Poulsen, CEO of DONG Energy.

    For INEOS, the acquisition of a portfolio of well-run, long-life assets, with a highly successful and experienced team, is a perfect fit as the Group continues to expand its Upstream business.

    “This business is very important to us at this stage of our growth plans and we are delighted with the expertise that comes with it,” said INEOS Chairman Jim Ratcliffe. “We already see lots of opportunity within this impressive portfolio.”

    In acquiring the entire DONG Oil & Gas Business, the deal positions INEOS as a top ten company in the North Sea and the biggest privately owned exploration and production business operating in this energy basin.

    Included in the deal is Ormen Lange, the second largest gas field in Norwegian waters, Laggan- Tormore, a new gas field west of Shetland, and oil and gas hubs in Denmark.

    The business currently produces about 100,000 barrels of oil equivalent per day and about 70% of its production comes from its Norwegian fields.

    But INEOS Upstream believes it can do more.

    “We think we have got a lot to offer this business,” said Jim.

    INEOS already has a proven track record in operating complex assets to further maximise the economic recovery of the hydrocarbons.

    The Upstream business was founded in October 2015 when it bought all of the UK North Sea gas fields owned by the DEA Group. A few days later Fairfield Energy Holdings Ltd sold its 25% interest in the Clipper South platform to INEOS.

    More recently INEOS agreed to acquire a strategic UK asset as it plans to buy BP’s 235-mile Forties pipeline system for $250 million.

    The latest deals are subject to regulatory approval but once complete, the 440 DONG and FPS staff will become INEOS employees.

    3 minutes read Issue 12
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    Shale gas boom leads to more jobs

    A FORWARD-THINKING community helped to convince a fast-growing, dynamic American business to invest millions in a new manufacturing plant in their city.

    When they heard that WL Plastics wanted to open a new factory to make polyethylene pipes for the use in support of infrastructure (water, conduit, sewer, drainage) and the US shale gas industry, they embraced the company’s plans and helped to fast track the project.

    As the community lined up to back the development, community leaders and politicians came up with a $2.9 million package of incentives to entice the company to build its new factory in Statesboro in Georgia, USA.

    The Development Authority of Bulloch County, the county and the state promised to donate 31 acres of land for the factory for free and build a railway spur to the site of the proposed new plant.

    In return, they asked for, among other things, the creation of 50 well-paid jobs for people who would eventually work at the plant, as well as a commitment to spend money on local goods and services needed to make WL’s products.

    The incentives worked. The factory was built and production began in January this year.

    “This has been a real win-win for all,” said Dennis Seith, CEO of INEOS O&P USA which acquired WL Plastics late last year.

    WL Plastics was in the midst of building its seventh production site in Statesboro when INEOS bought 100% of the company in November.

    The factory makes high density polyethylene (HDPE) pipes which are needed for infrastructure development and to move water to and from shale gas fracking sites in the US.

    “This is an excellent example of the investment that follows shale and infrastructure development,” said INEOS Chairman Jim Ratcliffe who has invested millions in trying to kickstart the UK’s shale gas industry.

    Pipes, which are made from HDPE, don’t leak or rust and, if properly designed and installed, don’t need maintaining for 100 years. As such, they are in demand from oil and gas producers.

    At the offi cial opening ceremony of the new factory last month, Benjy Thompson, spokesman for the Development Authority of Bulloch County, praised the $13 million investment by INEOS-owned WL Plastics.

    “This type of project adds diversity to an industrial base,” he said. “Instead of having one or two large employer-industries, we have a number of medium to small-sized manufacturers. And that helps the overall health of our economy.”

    Dennis agreed. “I believe this is the story behind shale in creating jobs that spin off out of the development of low-cost energy. And any great society needs these kind of manufacturing jobs for its communities if it is to survive.”

    4 minutes read Issue 12
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    Step forward, Kendra

    Kendra Carter, Olefins Business Manager at INEOS O&P USA, will be presented with a Women in Manufacturing STEP Ahead Award in recognition of her exemplary leadership.

    Every year The Manufacturing Institute selects 100 women who have made a difference in their field.

    No one is more delighted for Kendra than her boss, Dennis Seith.

    “Kendra has become one of our business leaders who is making a big impact in the way she coaches and leads by example,” he said. “And she is one of the reasons our US-based business has been a top performer for profitability within the INEOS Group.”

    The olefins business has grown 300 percent under Kendra’s direction, and she has successfully helped to implement projects that have not only increased production but also reduced the environmental footprint of the business.

    “What we do improves the quality of life for people around the world, and that is truly inspiring,” she said. “The products we make touch people through their clothing, housing, food, and transportation.”

    The Manufacturing Institute hopes that women, like Kendra, will help to inspire the next generation of women seeking careers in manufacturing.

    1 minute read Issue 12
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    INOVYN rewards visionary companies

    INNOVATIVE companies, which share INOVYN’s vision of continuous product improvement and sustainable development, showed what the industry had to offer late last year.

    And those deemed the best walked away with the honours.

    The occasion was the first-ever INOVYN Awards for Innovation with Vinyls.

    “PVC is often perceived to be a mature product, but the reality is that our industry continues with a strong tradition of innovation,” said Chris Tane, CEO of INOVYN, Europe’s leading producer of vinyls. “It is the lifeblood of our industry.”

    PVC may have been around since the 1930s, but it is constantly evolving to meet the demands of a changing world. Over the past 10 years alone, about 70,000 PVC-related patents have been registered – and the annual trend is upwards.

    INOVYN had invited manufacturers, distributors, architects, designers, students and academic and research organisations from around the world to compete for a top accolade at the inaugural event.

    The response was overwhelming. In all organisations from 17 countries across five continents submitted 72 projects to be considered for awards for either innovation, sustainability or industrial design. “The level and the quality clearly showed that innovation is as vigorous as ever in our industry,” said Chris.

    After a difficult decision by the five independent judges, Chemson Pacific Pty Ltd from Australia won the award for innovation with its 3D-vinyl for advanced industrial 3D printing.

    “It was a real honour to be recognised by INOVYN for our contribution to PVC,” said Greg Harrison, Managing Director of Chemson.

    Winner of the sustainability award was UK-based Axion Consulting for a scheme that recycles PVC used in the healthcare industry.

    And Swedish company Bolon AB won the industrial design category for its interactive design tool, which allows people to customise their own woven vinyl flooring design.

    Chris said the global vinyls industry was acutely aware of the need to produce sustainable products.

    “It’s absolutely critical to the continued success of the industry,” he said

    The next awards will be held in 2019.

    2 minutes read Issue 12
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    INEOS Oxide has bought Arkema’s OXO alcohol business

    The acquisition had been subject to European Commission clearance, which was given last month.

    CEO Graham Beesley described the sale of oxo alcohols, which are mainly used to produce acrylic esters, diesel additives, paints, and to make lubricants, as a core business for INEOS Oxide.

    The deal will also see INEOS take full ownership of Oxochimie, its 50:50 joint venture with the French chemicals group.

    Oxochimie has a site in Lavéra, where it produces butanol and 2-ethyl hexanol.

    “We’re looking forward to integrating the Oxochimie joint venture and growing our global market presence in oxo alcohols, aldehydes and derivatives,” said Graham.

    1 minute read Issue 12
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    Grangemouth keeps options open

    INEOS O&P UK is in talks with several different companies interested in relocating to Grangemouth – home of INEOS’ new, £20 million HQ which recently won an award for architectural excellence.

    Site business development manager Ian Little said no deals had yet been signed but he was confident of the site’s renewed appeal following INEOS’ ground-breaking decision to ship ethane from the US to the Scottish port.

    “It is very early days at the moment,” he said. “We’ve had preliminary discussions with a small number of chemical manufacturing companies.”

    INEOS’ vision for the Grangemouth site is that, by 2020, it will become a leading global chemical manufacturing hub and a centre of excellence.

    Its new HQ certainly helps to give off an air of confidence.

    In March this year, that renewed confi dence was felt when the four-storey building, which had been designed by one of Scotland’s leading fi rm of architects, picked up a prize at the 4th annual Scottish Property Awards in Edinburgh.

    “For us, the building signals our ongoing commitment to creating a world class manufacturing site at Grangemouth,” said John McNally, CEO INEOS Olefins & Polymers UK.

    The new offices, though, which have brought the 450 people who work for INEOS Olefins & Polymers together for the first time since INEOS bought the site from BP in 2005, are just one part of INEOS’ long-term, £450 million investment into its 1,700- acre Grangemouth site.

    The shipments of shale gas, which began arriving at Grangemouth late last year, have breathed new life into the site and brought about a renaissance in petrochemical manufacturing.

    2 minutes read Issue 12
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    INEOS’ insight into the future

    A LONE Scottish piper heralded the arrival of the first shipment of US fracked shale gas into Grangemouth.

    Bob Lowe, a former INEOS employee, played Skye Boat Song from the bow as the 600ft vessel INEOS Insight – emblazoned with the words ‘Shale gas for manufacturing’ – passed under the Forth Bridge.

    For John McNally, CEO INEOS O&P UK, it was a moment to savour as he witnessed history in the making along with about 400 guests including INEOS staff whose names had been drawn from a hat.

    “When I took over as CEO in 2014, people were talking about this day then,” he said. “We have literally been counting down the days for the past two years.”

    On board the specially-designed ship, which had been built in China, was 27,500 cubic metres of ethane that had been pumped out of the ground more than 3,000 miles away in Pennsylvania and loaded on to the vessel for its 10-day voyage across the Atlantic.

    The UK’s Chemical Industries Association described it as the most significant investment in manufacturing in a decade.

    “The shipments are not just good news for INEOS,” said Steve Elliott, Chief Executive of the Chemical Industries Association. “It is also good news for the whole of the sector and beyond. By allowing affordable and secure energy into the system as INEOS are taking the lead in doing, we can get manufacturing working at better capacity. This will deliver strong environmental, social and economic benefits for all.”

    INEOS’ precious cargo from America will allow British industry to finally take advantage of the cheap US gas which has done so much to revitalise manufacturing in America, and help the UK to compete globally. Across the Atlantic, America’s energy is now so competitive that there are large building programmes in industries such as chemicals and steel, which have suddenly become the most competitive in the world.

    “In America so much gas is being produced, that gas import terminals are being converted for exports,” said INEOS Chairman and Founder Jim Ratcliffe.

    Jim, who grew up in Failsworth, Manchester, said the arrival of the first US shipment was a hugely important and historic day for both INEOS and the UK.

    “Its arrival guarantees the security of thousands of jobs in Scotland,” he said. “Shale gas can help to stop the decline of British manufacturing and today is the first step in that direction.”

    It is the first time ethane from US shale gas has been shipped to the UK’s shores and is the culmination of a $2 billion (£1.53 billion) investment by INEOS.

    In all, eight tankers will create the virtual pipeline between the US and the UK every week for the next 15 years.

    To receive the gas at Grangemouth, INEOS had to invest millions to modernise the 1,700-acre Scottish site. It built a new import terminal so vessels could offload their vital cargo and installed more than three miles of pipelines to transport the gas on its final journey from the port to a new 40-metre high ethane storage tank, the largest of its kind in Europe.

    A brand new office block was also built, bringing everyone together for the first time since INEOS bought the site from BP in 2005.

    “The impact on Grangemouth will be transformational,” said John. “It will reverse the plant’s fortunes overnight because it will finally be able to run at full capacity.”

    The olefins plant has been running at half capacity, leading to huge losses, for many years because of a shortage of North Sea gas which INEOS uses as an essential feedstock.

    Without it, INEOS would have been forced to close the loss-making petrochemical plant due to the severe decline of gas from the North Sea.

    The closure of the petrochemical complex would have probably also spelled the end of its refinery, which produces the bulk of fuels used in Scotland and contributes about 3% of Scotland’s GDP.

    “If you look back at the history of this site we were at times losing over £100 million a year and it was unsustainable,” said John. “Looking forward we expect to be making over £100 million a year if everything is running.”

    The crucial element to saving the complex has been the shipments of US shale gas.

    “Our shale ‘investment’ has saved 10,000 direct and indirect jobs in Scotland,” said Jim.

    But it’s not only INEOS’ site at Grangemouth that will benefit from the shipments.

    An historic pipeline built to transport surplus North Sea gas from ExxonMobil’s ethylene plant in Fife to Grangemouth is being reversed so that INEOS can now transport some of its imported gas to ExxonMobil instead.

    “The Fife plant plays an important role in the region’s economy,” said Sonia Bingham, Fife plant manager for ExxonMobil Chemical.

    A pipeline will also carry ethylene from Grangemouth to INEOS Oxide’s manufacturing plant in Hull so that it can increase its production of ethyl acetate by 100,000 tonnes a year from next year.

    Ethyl acetate is in high demand for use in pharmaceuticals, cosmetics, inks and flexible packaging and the Hull plant is already running at full capacity.

    That multi-million investment was announced shortly after Britain voted to leave the European Union.

    “We believe in British manufacturing and will support it whenever we can,” said Jim.

    Graham Beesley, CEO INEOS Oxide, said INEOS Oxide was already the largest producer of ethyl acetate in Europe.

    “We are about to get a lot bigger,” he said.

    4 minutes read Issue 11
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    Government support was crucial, says INEOS

    THE UK Government’s £230 million loan guarantee for Grangemouth was critical in safeguarding the site’s future, says INEOS.

    Without it, INEOS Olefins & Polymers UK would have found it more difficult to raise the money it needed to develop the site so that it could import ethane from US shale.

    With it, INEOS was able to raise funds through public bonds for its £2 billion, world-first project, to ship ethane more than 3,000 miles to the UK and save thousands of Scottish jobs.

    In September, that faith – that belief that INEOS could actually pull it off – was justified as the site welcomed the very first shipments from Pennsylvania.

    But the arrival of INEOS Insight, which was carrying that precious cargo, leaves Scotland in a dilemma.

    The Scottish Government contributed £8 million of public money to INEOS’ bold plans, knowing that without the U.S. gas to replace dwindling North Sea supplies, the loss-making petrochemical complex at Grangemouth would have closed.

    But the Scottish Government has put in place a moratorium on fracking pending the results of an investigation into whether it is safe.

    That moratorium, imposed by Nicola Sturgeon’s SNP, prevents INEOS, which has licences to explore and develop shale gas, from even testing the geology in Scotland.

    As almost 400 people gathered to welcome the first shipment of US shale gas, no one from the Scottish Government was there.

    Scotland’s Conservative Leader Ruth Davidson, whose colleague Secretary of State for Scotland David Mundell attended the event, said it reflected badly on the SNP.

    “People in Scotland will find it hard to understand why Nicola Sturgeon seems happy for shale gas to be shipped across the Atlantic to be used in Scotland, but when it comes to extracting the gas itself, she finds it unacceptable here,” she said. “It is neither environmentally nor economically coherent.”

    She added: “This development will safeguard thousands of Scottish jobs. By being there, it would have shown that the Scottish Government recognises the economic importance of shale gas and the wider Grangemouth facility.”

    INEOS, which is now pursuing shale gas exploration in England, described the SNP’s absence as a disappointment but preferred to focus on the positives.

    “This shipment of US shale gas safeguards thousands of manufacturing jobs in Scotland,” said Jim Ratcliffe, INEOS Chairman and Founder.

    2 minutes read Issue 11
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    INEOS' vote of confidence after brexit

    NEWS of Britain’s decision to leave the European Union earlier this year may have sent shockwaves around the world. But for INEOS, one of the world’s largest chemical and energy businesses with 67 manufacturing sites in 16 countries, it remains business as usual.

    “We had always said we would make things work either in or out of the EU,” said INEOS Chairman and Founder Jim Ratcliffe, who is also one of Britain’s most successful industrialists. “As a business, INEOS supported the common market, but not a United States of Europe.”

    As the result was announced in the early hours of June 24, Jim called on the British Government to focus on what needed to be done and not get distracted by recriminations.

    “Brexit is a reality and we must prepare for complex and tough negotiations with our European friends,” he said. “We must listen, we must be unwaveringly polite and retain our charm. But there is no room for weakness or crumpling at 3am when the going gets tough and most points are won or lost.”

    He said ‘rigour and grit’ mixed with ‘politeness and charm’ were now needed from those negotiating Britain’s exit from the European Union.

    “Never forget that we have a decent set of cards,” he said. “And generally Brits are liked and respected around the world.”

    Jim said Europe needed access to the UK’s market, which is bigger than Russia’s, as much as Britain needed theirs.

    “Mercedes is not going to stop selling cars in the UK,” he said. “And London is one of the two key financial centres and that isn’t going to change.”

    The truth is that Britain does not yet know what impact Brexit will have on its economy.

    “The betting money was on short-term pain and long-term gain,” said Jim. “What’s for certain is that we should be thinking even harder today how we might stimulate the economy.”

    2 minutes read Issue 11
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    INEOS appeals to jeremy corbyn as labour leader pledges to ban fracking

    FRACKING for shale gas in Britain will be banned if the Labour Party wins the next UK General Election.

    Labour leader Jeremy Corbyn made the announcement at his party’s conference in Liverpool in September.

    The news was greeted with dismay by INEOS Shale which has a licence to explore more than a million acres in the UK for shale gas.

    “We were deeply disappointed and surprised not to have at least had the opportunity to discuss the matter with him beforehand,” said Gary Haywood, CEO of INEOS Shale.

    Gary has now written to Mr Corbyn to try to understand the rationale behind his decision – and has offered to meet senior Labour politicians.

    In his speech to the party conference, Labour MP Barry Gardiner said renewables were the future.

    “This is not a shale gas versus renewables debate,” said Gary. “As it stands, it leaves unanswered the question of how the UK will heat its homes, manufacture its products and keep the lights on when the wind isn’t blowing.”

    In his letter to the leader of the Opposition, Gary explained that gas was the basic raw material needed to produce a multitude of chemical products that were used in most everyday items.

    He said INEOS, which employs about 4,000 people in the UK, believed it was better to better to source energy from Britain, where it could be regulated, than pay a series of unstable and illiberal regimes to do it for us.

    To quote Gary Smith, GMB Scotland Secretary, “We are increasingly going to be dependent on regimes fronted by henchmen, hangmen and headchoppers for the gas we need. That isn’t ethical and is surely an abdication of our environmental and moral responsibilities.”

    2 minutes read Issue 11
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    Let's make it happen

    THE provision and security of supply of energy is a key responsibility of any government. Keeping the lights on is up there with health, education, and law and order, but is, at times, not as well understood by the public, who demand a hot shower without always understanding the economics behind it.

    But it is not just the general public to whom energy matters. The manufacturing industry requires a permanent supply to sustain production, production which support more than two million jobs.

    Manufacturing has to remain competitive, and it needs to remain sufficiently competitive – by which I mean profitable – to promote investment. If not, industry will wither and die, as has happened to the bulk of the once proud British textile industry.

    The same principle applies to manufacturing which relies upon competitive energy costs such as chemicals, steel, automotive, and many others.

    If these sectors cannot remain competitive they will close and the jobs will disappear – as we have seen in the steel sector over the past 12 months.

    Worse, this is already happening. Manufacturing has collapsed in the UK over the past 20 years. From a level close to Germany at about 23pc of gross domestic product (GDP) in the 1990s, UK manufacturing today stands at a paltry 9pc.

    And what little manufacturing that we have left in the UK is saddled with some of the most expensive energy in the world.

    Gas prices are 50pc higher than in America and electricity is twice what it costs in the US. Germany protects its manufacturing companies by exempting them from green taxes. Successive governments in the UK have instead ladled them on.

    The present situation is exacerbated by the fact that the UK has had no coherent energy policy for decades.

    As we see out the last days of coal-fired power stations which are simply too ‘dirty’ for modern environmental standards, we are well into the twilight years of North Sea gas and are sitting on an ageing fleet of nuclear power stations.

    The Government has appeared to bet the bank in the past 20 years on windmills, despite the head of the renewables lobby recently admitting England just isn’t windy enough for them to work.

    If we take the country’s total energy requirements, minus transport fuel, then we see that gas and nuclear completely dominate our supply at around 60pc.

    Wind, which fluctuates widely from day to day, sits at only 3pc.

    If we assume that coal will be phased out in the next few years then the burden on gas and nuclear only increases.

    We are totally dependent today as a country on gas and nuclear. There are no viable alternatives on any sensible time horizon. But, and it’s a big but, we are fast running out of gas in the North Sea and our nuclear fleet is ageing.

    North Sea gas production peaked in the 2000s, and is now running at less than 50pc of its peak. In ten years’ time it will be at less than 20pc.

    So we must choose between Russian imports, expensive LNG imports, or develop a shale industry of our own, in which INEOS has a vested interest.

    One shale in the US called Marcellus in Pennsylvania produces over two times the total UK consumption of gas, and drilling only started six years ago. Not only are there vast quantities of shale gas around, it is very cheap – it reduced the price of gas in the US by 75pc – and the UK would appear to be sitting on quite a lot of it.

    The nuclear debate is more complex. Remarkably there are more than 400 nuclear power stations in the world and there are several technologies.

    Technology designed by France’s Areva will go into Hinkley Point, despite there being none of these type of reactors in operation yet. Two are being built in Europe, the first in Finland is nine years late and the one in France is seven years late. Both are three times over budget. There are also two being built in China but again both are several years late. This is not an encouraging picture.

    There are other options, including one type being built by Westinghouse and Toshiba which has satisfied the notoriously stringent US authorities. There eight in construction of which four are in the US. Again they are a few years late but nowhere near as late as their French counterparts. There is also a conventional technology reactor designed by GE and Hitachi, of which four have already been constructed.

    Today the UK has eight operating nuclear power stations, all of which are ageing.

    We clearly need to invest in new nuclear capacity, and although there a number of options for different reactors, one thing is clear: we cannot manage without nuclear as nothing can reliably fill the gap.

    Rather than the current financing agreement in place with EDF and their Chinese counterparts, the Government should consider paying for it up front and put it on the UK’s balance sheet, because once the capital has been spent, the variable costs of producing electricity are very low and it can provide highly competitive power to manufacturing for many years to come.

    For the foreseeable future, the UK is dependent on gas and nuclear for its primary energy needs to serve the general public and industry/commerce.

    Our energy policy for the next ten years should give priority to exploiting shale gas safely and to building ‘tried and tested’ new nuclear. It really is not so complicated.

    4 minutes read Issue 11
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    Köln’s debt of gratitude

    THE future for BP’s petrochemicals site in Köln looked uncertain.

    BP had lost interest in manufacturing chemicals and was looking to either spin off or sell the business so it could focus on its more profitable core business of producing oil and gas.

    But where BP saw no future for chemicals, INEOS saw huge opportunities for INNOVENE. And within months it had bought the oil giant’s olefins and derivatives and refining subsidiary in a deal worth $9 billion – and, with it, the Köln site.

    For the staff there was little time to be worried.

    Within weeks, INEOS, a virtually unknown entity to most of them, had started to make positive changes to how the business was run.

    The focus immediately shifted back to the core strengths of the site – safety, manufacturing excellence, and its customers.

    “I remember being relieved because INEOS’ approach was so different to BP’s,” said Dr Axel Goehrt, the former operational site services manager who is now Managing Director Production and Technical Matters. “Staff very quickly saw differences.”

    There were new management structures and staff were tasked with cutting out avoidable expenses. Act like owners, they were told. Spend money as if it were your own, they were asked.

    “INEOS was seen as straightforward,” said Dr Patrick Giefers, BP’s former legal and HR manager who is now Commercial Managing Director and Works Manager.

    “There were no politics and in the early days it was very smooth to discuss any concerns with INEOS Capital which helped enormously because we could clarify any concerns very quickly.”

    While traditional chemical companies often tended to be conservative with massive overheads, INEOS was a refreshingly young company with a lean, keen management team.

    For some, though, it did take longer to acclimatise to the fact that BP had sold the business to a company which was now, literally, indebted to the banks to the tune of $9 billion.

    “The German people are careful and they are not used to debt,” said Patrick. “For some, it was hard at first.”

    What convinced them that INEOS’ was the right company for the job was when it began to invest in the site.

    Within six months INEOS had announced plans to spend around €40 million on expanding the cracker capacity at Köln, which would allow the site to produce about 100,000 extra tonnes of ethylene every year.

    That extra ethylene would be used to either produce polyethylene or supply other INEOS sites via the ARG pipeline system.

    Over the past 10 years that investment – that belief that the staff have the drive and know-how to make things happen – has continued.

    Since INEOS acquired the site 10 years ago, it has invested just under €700 million in the plant and production has increased. The year BP sold the business, it spent almost €144 million alone on the site.

    Process safety is now back where it should be – at the top of the site’s priority list.

    Since 2006 the OSHA frequency has constantly improved. So far the site’s best year in safety was in 2013 when the frequency was as low as 0.13.

    Its customer service team – then based in Belgium and the UK – was moved to Germany, which meant staff could talk directly with technicians and colleagues in the production plants.

    INEOS has always spent its money wisely – on new plants, debottlenecking of infrastructure and making changes that will ultimately benefit the customers.

    “We don’t fly business class but INEOS looks after us in other ways,” said Axel.

    In 2013, it doubled the size of its isoamylene plant and cemented its position as a world-scale producer of a raw material that could be used in a wide range of specialty markets including fragrances, agrochemicals, peroxides, polymer antioxidants and hydrocarbon resins.

    The project was done safely, efficiently and on budget.

    “It was testament to the high operational and engineering standards upheld at the site,” Karel Brabant, Operations Director of INEOS Oligomers, said at the time.

    The key to Köln’s success is perhaps embedded in the German way of running assets and the British way of running a business.

    “Quality matters to us,” said Axel. “We look to the long-term quality of the assets. That’s why we are benefiting from our grandfather’s workmanship. Also the relationship with the unions and the works council is very constructive. Over the past 40 years we have not had a single strike.”

    Looking ahead, INEOS is planning to invest even more in the site to help develop its portfolio of products with higher profit margins.

    This year alone, about €100 million will be spent on expanding the plant and improving the infrastructure.

    “INEOS would not be investing if they did not think they could get a return on that investment,” said Patrick. “So the staff know what they have to do. INEOS is putting a lot of money our way. We now have to make sure we meet the expectations.”

    4 minutes read Issue 11
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    Do we need manufacturing?

    One thing is clear. Countries that lose their manufacturing base risk losing their ability to innovate. Against the background of an economic environment which has seen the erosion and offshoring of traditional industries in the face of global competition, the German model, or some parts of it, warrants careful consideration. Above all, we have to pay attention to other countries’ policies and programmes and learn from them, just as we have in the past.

    Charles Wessner, programme director with the Board on Science, Technology, and Economic Policy at the National Research Council

     

    Manufacturing jobs are the foundation of our economy. Manufacturing creates the goods that bring in the income that supports the service economy. We cannot just cut each other’s hair and sell each other hamburgers. The income to pay for those haircuts and burgers has to come from somewhere.

    Campaign for America’s Future

     

    The health of the economy is critically dependent on the health of the manufacturing sector. Over the past several hundred years manufacturing has been the key to prosperity. The most powerful nations in the world are those that control the bulk of the global production of manufacturing technology. But it simply isn’t enough to have factories and produce more goods. You have to know how to make the machinery that makes the goods. Without a robust revival in America’s manufacturing sector, we can kiss our status as a great economic power goodbye.

    Jon Rynn, author of Manufacturing Green Prosperity: The power to rebuild the American middle class

     

    On a global scale manufacturing matters. Even though it has historically been associated with environmental damage, it now holds out the promise of easing some of the world’s environmental problems. For instance, many goods can now be made using factory processes that involve virtually zero pollution and which allow for recycling once products are discarded. The power of manufacturing to stimulate new thinking has many broader benefits. Many of the innovations that have transformed our lives have evolved from manufacturing. Without the microchip, computer and server, there would be no Internet, Facebook or Google. Manufacturing is vital to Britain’s future prosperity – but it is too often written off.

    Peter Marsh, Founder of Made Here Now

     

    For many decades, economists argued that manufacturing played a minor role in the modern economy. They were wrong. Over the past decade, more and more economists have confirmed that manufacturing is essential to innovation, and tightly linked to a nation’s economic health and national security. Manufacturing is the engine that drives US innovation. It transforms laboratory research into new products and production processes that generate profits and make the world a better place. It creates new and vital industries, ranging from computers and wireless to biotechnology and solar power. As engineers and manufacturers develop new technologies, they build the capabilities to extend and innovate in new fields. Those innovations give manufacturers the performance or cost edge they need to compete in a crowded international marketplace.

    Professor Thomas Kurfess, former assistant director for advanced manufacturing at The White House

     

    Not only does manufacturing create value in products and services, but it creates good paying jobs. Production facilities also have an outsize impact in creating jobs among suppliers and service industries that support them. If you walk through a modern factory today, you immediately see that manufacturing is much more than putting tops on bottoms – it often employs sophisticated processes with a heavy dose of computer-driven automation. It is more knowledge work than manual labour. And perhaps most importantly, in new areas like advanced materials and biopharmaceuticals, manufacturing is closely linked to R&D and design in the early stages of production, so being able to make products sustains your ability to innovate over the long term. If you give up the former, you’ll impact your ability to do the latter.

    Willy Shih, Robert and Jane Cizik Professor of Management Practice, Harvard Business School

    3 minutes read Issue 11
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    Germany's secret

    GERMANY has long been described as the manufacturing powerhouse of Europe.

    Last year its companies exported goods worth a record €1.196 trillion – up 6.4% from 2014 – and employment reached a record-breaking 43 million.

    In December Robert E. Scott, a senior Economist and Director of Trade and Manufacturing Policy Research Economic Policy Institute, said while other industrialised nations had crumpled under Asian competition, Germany had increased exports to China and the rest of Asia – despite the fact that it had among the highest manufacturing wages in the world.

    “If higher wages hurt manufacturing competitiveness, we’d expect Germany to be doing worse than the United States, but they are not,” he wrote in an article for the Economic Policy Institute.

    According to the latest figures from the World Bank, manufacturing in Germany accounts for 23% of the economy – compared to 12% in the US, 11% in France and 9.4% in the UK.

    Dig deeper and you realise Germany’s economic miracle is not left to chance or attributed to being in the right place at the right time. It is a result of their work ethic, a government that sees manufacturing as a good source of jobs and sound, lasting economic growth, and the ability and skills to produce goods of the highest quality.

    “German companies are rarely the cheapest producers, yet the superior quality and performance of their products enables them to command premium prices and still boost exports,” Charles W. Wessner, a programme director with the Board on Science, Technology, and Economic Policy at the National Research Council, wrote in an article for Mechanical Engineering.

    British journalist Justin Rowlatt, the BBC’s South Asia correspondent, spent several months in Germany with his wife Bee and two of their four children trying to discover what made Germany so successful.

    Many conversations with his contacts in Germany revealed some home truths.

    “One young German woman had worked in an office in the UK and had been horrified to see how little people worked,” he said.

    “When Germans talk to each other, it is about work. In the UK she said people were all on Facebook, texting their friends, emailing them, and making personal phone calls.”

    Justin worked for Faber-Castell, one of the world’s largest and oldest manufacturers of pencils. The business is still run today by a direct descendent of the founder.

    What it does, it does brilliantly.

    “The secret of German success seems to be that they focus on one tiny bit of business but do it on a world scale,” he said.

    That is certainly true of Faber-Castell.

    The business was founded 255 years ago by a cabinet maker who initially produced pencils in his spare time. Today the business runs 14 factories, employs about 7,000 people and sells in more than 100 countries.

    “It is a typical mittelstand company,” said Count Anton Wolfgang Faber-Castell who runs the business today.

    Germans use the word mittelstand for the millions of medium-sized companies that employ a fifth of the German workforce and focus on niche products that command premium prices around the world.

    These family-run businesses often stretch back for generations, and form the backbone of the German economy. They not only supply Germany’s multinational corporations but many are also exporters in their own right.

    Tom Peters, an American writer on business management practices, said mittelstand companies were incredibly focused.

    “The young men and women go through the apprenticeship system and learn that the goal is excellence,” he said.

    There is another good reason why they thrive. And that is, The Fraunhofer Society, a network of 67 government-backed research institutes with 23,000 employees.

    “Fraunhofer supports an ecosystem for manufacturing innovation that has helped keep Germany an exporting juggernaut,” Sujai Shivakumar, a specialist in innovation policy at the National Academies in Washington, told The Wall Street Journal.

    The Fraunhofer Society provides first-rate, affordable, short-term research that smaller manufacturers would otherwise struggle to afford. These companies use the research to continually improve their processes and products – and, in doing so, stay one step ahead of the competition.

    “Put simply, Fraunhofer helps manufacturers bridge the valley of death, which often occurs at a stage of production development where the potential return on investment is high but equally high levels of uncertainty prevent firms from investing significantly in R&D,” said Michael Teiwes, head of PR at Fraunhofer.

    Over the past 10 years Professor Dr Bernd Venohr, a German management consultant, has worked with numerous world-leading, medium-sized family businesses in Germany.

    “They were sometimes called the ‘hidden champions’ but they are no longer hidden in an increasingly transparent global economy,” he said.

    He said they were successful because they understood – and believed – that sound growth and progress stemmed from real innovation, that superior value, not price, mattered to customers and that employees should be treated with respect not as ‘easily to be replaced’ resources.

    “These key management principles really are universal truths for any business,” he said. “But while they are easy to understand, they are not always easy to implement.”

    He said that his recent study showed that about 1,650 German SMEs were leaders, at least among the top three companies, in the world markets for their products.

    The US-based Manufacturers Alliance for Productivity and Innovation said the rest of the world could learn valuable lessons from Germany.

    “The quality and extent of their vocational training to prepare young people for skilled manufacturing jobs is to be admired,” said Kris Bledowski, Director of Economic Studies. “Theirs is a society that prizes engineering and exact sciences as aspirational goals in education.”

    He does not believe Germany will be greatly affected by the economic slowdown in China.

    “Last year exports to China were $97 billion or about 7.2% of Germany’s overall exports,” said Kris. “Germany’s investment in China is miniscule compared to virtually any country in Europe. So, the impact will be rather small, overall.”

    And that comes as no surprise to Justin.

    “They don’t take their success for granted and I think that’s why the country is so good at focusing on the long-term,” he said, “Their hard work, efficiency and orderliness springs from a deep sense of community and responsibility towards each other.”

    And it is to the future they are looking.

    Germany has launched Industrie 4, or as it is commonly known ‘The Fourth Industrial Revolution’, with the backing of the German government.

    “We want Germany to stay a globally competitive high wage economy and believe Industrie 4.0’s strategy will allow us to do it,” said Professor Henning Kagermann from the National Academy of Science and Engineering.

    Kris believes Industrie 4 – to create the factory of the future – was partly born out of fear of America’s digital revolution that started spilling into manufacturing.

    “It is fair to say that Germany’s initiative and America’s Industrial Internet concept are transatlantic cousins, albeit separated by language, traditions and business culture,” he said. “But Industrie 4.0 is strictly about Germany. There is nothing European, international, or global about this policy. German taxpayers’ money is being spent on helping domestic companies compete internationally.”

    He said America’s project – although based in the US – was open to anyone with a stake in the future of the industrial internet.

    “It is global in its reach,” he said. GERMANY’S chemical industry may still be the envy of Europe – but it has been warned not to become complacent.

    In a statement to the press earlier this year, German chemical trade association VCI President Marijn Dekkers said after an initially good start to the year, production had now stagnated, sales had dropped and jobs had been lost.

    “It is not good news and the outlook is not promising either,” he said.

    Germany, he said, faced several challenges including a slowdown in the global markets, the cost of raw materials and energy and Britain’s decision to become the first Member State to leave the European Union.

    “It is too early for an appraisal at the moment,” he said. “But the UK’s decision is likely to have negative effects.”

    Recent events have helped the German economy, notably the devaluation of the Euro and falling oil prices. But those were now ‘wearing off’, he said.

    On the face of it, though, Germany still looks good compared to the rest of the world.

    “We have been the world champion of exports for more than a decade, the foreign trade surplus for chemicals has been growing continuously and we are by far the major chemical industry location in Europe,” he said. “We are still acting from a position of strength. But the emphasis is on “still”. In the long run, there are more and more doubts whether Germany can defend its position as a chemical industry location.”

    Germany, he said, needed to ensure it did not lose its competitiveness but it was in danger of doing so due to the expansion of production plants in America and the Middle East, rising energy costs in Europe, excessive EU regulations, the loss of businesses in the value chain, a lack of investment in Germany and two few incentives for research and development.

    “German industry alone cannot make Germany a world champion in innovation,” he said. “We need support from the political arena. We need to work as one.”

    In VCI’s recent report, The German Chemical Industry in 2030, which was conducted by Prognos AG, the VCI says political decisions made today will affect future developments and investments.

    What it needs to grow, it said, is a climate free of bureaucracy and one that encourages innovation.

    “For us to further invest, a stable planning horizon is needed, especially in energy-related legislation,” said Dr Stephan Müller, Manager at INEOS Köln.

    6 minutes read Issue 11
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    Doug's cool office

    NEITHER place sounds like heaven on earth.

    The South Pole is the coldest, driest, remotest, windiest place on Earth. It is a lifeless, frozen desert with gusts of winds up to 90 miles an hour and is ringed by the world’s roughest seas.

    The North Pole is all sea ice, constantly shifting, and miserably cold.

    But Doug Stoup, a modern-day explorer, spends most of his life at one or the other. To him, it’s the office.

    “I prefer the cold because you can always put on more clothes,” he said.

    Last month the man, who has guided INEOS Chairman Jim Ratcliffe and his two sons, George and Sam, to both poles, took time out from planning his next expedition to talk to the team at INEOS’ new London HQ in Hans Crescent about taking risks in life and business.

    “Organisation and preparation are the key to the success of any expedition,” he said. “I mitigate the risk. I can either accept the risk or turn around and walk away which I have done many times. I don’t have any problems doing that because I don’t have a death wish. Or I can transfer the risk and say ‘George, you go first.”

    Although many in the audience laughed, Doug went on to explain.

    “I don’t just sit there and watch the sky,” he said. “I watch every turn that he makes and learn from it.”

    For Doug, being the best in business is also about taking risks, trust, teamwork, seeking new challenges and trying to do things differently. And it’s an approach he has seen many times at INEOS.

    “A lot of the stuff INEOS does has a lot to do with pushing boundaries, and taking calculated risks,” he said. “And it is the reason the company is one of the most innovative and best in the world. I try to surround myself with a great team and so does INEOS.”

    Doug’s love affair with the South Pole began in 1999 when he was in his early 30s.

    “As a boy I never thought I would set foot in those places,” he said. “My dream was to climb and ski the highest mountain in Antarctica. But it was just a dream.”

    Inspired, though, by the likes of Sir Ernest Shackleton, Captain Scott and Sir Douglas Mawson, he realised it was possible if he wanted it badly enough.

    “I realised you can do anything you want to do if you put productive growth towards that dream,” he said.

    In 1999, as he stepped off the plane on to an ice runway, he was overwhelmed.

    “I just looked out over this vast nothingness,” he said. “I fell in love with the place and really could not wait to get back.”

    During that first trip to the South Pole, he also discovered he was able to help others.

    Ever since then he has been guiding people to the ends of the earth - both for pleasure or in the pursuit of scientific discovery.

    Many of his companions are CEOs.

    “They understand risks because they run their own worlds and make decisions every day but any experience they have in the business world really doesn’t apply in the Antarctic,” he said. “Money doesn’t apply either.”

    What matters is that they are willing to listen, learn quickly, and prepare for what lies ahead – both mentally and physically.

    “The only thing they cannot imagine is the cold,” he said. “And they will only understand that when they actually get there. You can perspire so much that your goggles freeze to your face.”

    To prepare for his epic adventures, Doug often gains weight, knowing he will be burning 10,000 calories a day as they cross ice that would have been water a week earlier.

    “You can lose 2,000 calories by just standing still,” he said.

    He is a great believer in the resilience of the human body.

    “It’s the mind that needs conquering,” he says. “If you train, you should be able to push your body to the limit. It is a mental barrier. You have to tap into that mental toughness if you want to stay one step ahead.”

    Doug is often asked whether he would guide an expedition to the summit of Mount Everest, which at 29,035 ft is the world’s highest mountain.

    But he’s not convinced it is for him.

    “I am not sure I could do it because there are a lot of people who really don’t belong there,” he said. “You need to know when to stop and make the right decision for you own safety. It is not always about reaching the summit at all costs.”

    He believes leaders in all walks of life share many qualities.

    Compassion, an ability to understand other people’s personalities and thinking on the run are all important, says Doug.

    “Strong personalities know how to adapt to both their environment and others,” he said. “To be a great leader, you also need to understand all the elements that are happening out there and take on board other people’s comments.”

    Apart from the cold, the floating ice, the winds, is there anything else to fear? 

    Yes, he says, polar bears.

    “They can smell a seal from eight miles away so they can certainly smell me when I have not showered in a month and a half,” he said.

    Despite his meticulous planning, things can go wrong.

    “Even as someone who has more experience of the poles than anyone on the planet, I still make mistakes,” he said. “My goggles once froze on my head, I have suffered from snow blindness and once when I broke a tooth, I had to pull it out with pliers.”

    Can he see himself retiring?

    No, he says. Not yet.

    The father with three sons still has too much to see and do.

    “Maybe one day one of them will take over from me,” he said.

     

    MY HEROES

    THE three men who continue to inspire Doug Stoup all lived at the turn of the century.

    One died and two survived against all the odds.

    “They are still my mentors,” he said. “They were true men who knew how to suffer.”

    Sir Douglas Mawson staggered alone 165 miles back to his ship after one of his companions fell into a crevasse and the other died of food poisoning during an expedition in 1912.

    Captain Scott and his two remaining companions, pinned down by a storm, froze to death in their tent 150 miles from base camp after reaching the South Pole in January 1912.

    Three years later Sir Ernest Shackleton lived to tell the tale after his ship ‘Endurance’ became trapped in ice and sank. His crew had already abandoned the ship to live on the floating ice. The following year, Shackleton and five crew members went to find help. In a small boat, they spent 16 days crossing 1,300 km of ocean to reach South Georgia and then trekked across the island to a whaling station. The remaining men from the ‘Endurance’ were later rescued. Not one member of the crew died.

    “They are the true heroes,” said Doug. “Once we have reached the South Pole, I call someone and they come and pick us up.”

    5 minutes read Issue 11
  • A-lesson-for-us-all.jpg

    A lesson for us all

    THE world is waking up to the fact that science may well prove to be our salvation.

    We face dwindling natural resources and a rising population which means society must agree where our planet is heading in the 21st century. For the science of today is often the technology of tomorrow.

    What the world cannot quite agree on is how to convince today’s generation of young people to see science as a career.

    The alarm bells started ringing many years ago.

    The European Commission warned in 2008 that not enough young people were opting to study science, technology, engineering or maths after the age of 16 – and feared if nothing were done, there would be a shortage of highly-skilled scientists, engineers and technicians.

    It recommended radical changes in the way science was taught in schools, moving away from being able to reel off facts, which was largely blamed for the declining appetite for science, to a style which encouraged pupils to pose the questions and, in turn, increased their understanding.

    Five years later, in 2013, 100-plus delegates from 58 countries were still talking about the problem at a global conference of science academies.

    But Germany seems to have been trying to address the problem since 2006.

    Freie Universität Berlin Professor Dr Petra Skiebe- Corrette founded TuWaS! in 2006 after she had seen a similar model working wonders in Sweden.

    Today 144 schools in Berlin, where the campaign started, are involved.

    Dr Anne-Gret Iturriaga Abarzua, Communications Manager at INEOS in Köln, was one of its champions when the Chamber of Commerce brought TuWaS! to Köln in 2008.

    The TuWaS! programme encourages primary and secondary school children to ask questions rather than receive ready-made answers.

    With Anne-Gret’s passion for what could be achieved – and the financial backing of INEOS – schools quickly got involved.

    “We are now really seeing the impact of TuWaS!” said Anne-Gret who was invited by Professor Skiebe to speak at the 10-year TuWaS! celebration last month at the Brandenburg Academy of Science. “We have even got a logistics and storage unit for TuWaS! in Koln now.”

    In Germany, inquiry-based science education is now part of the curriculum in many schools, and the TuWaS! programme for children aged 6 to 12 has now been formally adopted by four of the 16 federal states in Germany.

    Teachers attend a one-day seminar during which they are taught the natural science and technical experiments first. They then return to the classroom, armed with a school year’s worth of experiments and the confidence to teach them.

    As the biggest industrial employer in Köln, INEOS is still heavily involved.

    “As a global chemical company, we know the importance of scientific and technological education early, and that is when they are six,” said Anne-Gret. “These partnerships help us as a company, as an industry and also as a developed industrial country to attract young people – especially girls – who are curious, enthusiastic and motivated to make the world a better place through science.”

    INEOS in Köln is the biggest financial supporter in the Rhineland sponsoring almost half of the 70 schools which have adopted the TuWaS! programme. INEOS employees act as ambassadors, and have so far reached more than 6,000 children.

    “INEOS is heavily involved but it doesn’t want to shoulder the burden completely,” said Anne-Gret. “We want more companies to help shoulder the responsibility.”

    But the influence of TuWaS! does not end there.

    Anne-Gret is now keen to introduce TuWaS! to other German-speaking countries such as Austria and Switzerland.

    And INEOS is now considering whether or not a similar programme could be introduced into British schools.

    INEOS currently sponsors the Royal Society of Chemistry’s, Chemistry Olympiad to inspire thousands of young people across the UK to take up careers in science.

    It would certainly be welcomed by the Royal Society and the Confederation of British Industry which jointly produced a guide for businesses and teachers in May to help them form beneficial bonds.

    It said businesses needed to work more closely with schools.

    “Most young people attribute their decision to pursue STEM subjects to an inspirational teacher, so working with teachers is the best way to secure the UK’s future STEM workforce,” said Professor Tom McLeish, chairman of the Royal Society’s Education Committee.

    Neil Carberry, CBI Director for employment and skills policy, said many firms did already work closely with schools in their communities, but more could always be done to inspire pupils to pursue these critical subjects.

    “Many industries rely on a supply of science talent, at both graduate and technician level, but shortages are appearing that will hold our economy back,” he said.

    Whatever happens in the UK, INEOS will continue to support the TuWaS! programme in Germany.

    “Our secret is all about building relationships,” said Anne-Gret. “We want to attract the best of the best, create an understanding for industry and raise our profile at the same time.”

    5 minutes read Issue 11
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    Moulding the future

    SUSTAINABILITY is fundamental to how INEOS does business.

    More important than that, it drives innovation.

    “The chemical industry isn’t always seen as being part of the solution to today’s challenges but ours is a sector that can have enormous influence on what the world does now, on the way it progresses in the future and on how to do this sustainably,” said Greet Van Eetvelde, INEOS’ Head of Energy & Innovation Policy.

    With a rising population, a growing pressure to use resources more efficiently, companies like INEOS have to be – and are – at the forefront of creating a society that satisfies today’s generation without compromising the needs of tomorrow’s.

    For INEOS, sustainability is not just about safeguarding its licence to operate in towns and cities throughout the world. It believes operating responsibly and reliably is the only way for it to grow.

    “For us it is a business decision,” said Kevin McQuade, CEO of INEOS Styrolution. “It is our lever for growth.”

    His business recently published its first quantitative GRI G4 report on sustainability, which complies with the standards of the Global Reporting Initiative (GRI), the acknowledged benchmark reporting standard in this field.

    “Sustainability has become increasingly important all over the world,” said Petra Inghelbrecht, Global Sustainability Manager at INEOS Styrolution. “Looking for new products and new ways of doing things that overcome the technical challenges of sustainability keeps our business one step ahead.”

    INEOS Styrolution is a market leader in styrenics, its business helps to shape what’s happening in the outside world.

    “Styrenics are all around us,” said Kevin. “We depend on them to make everyday life more colourful so when we look to the future, we see so many exciting opportunities to work alongside our customers in jointly developing sustainable solutions.”

    Styrenics are durable, lightweight, waterresistant, long-lasting and recyclable and can be found in fridges, washing machines, televisions, cars, buildings, toys, sports equipment, packaging and health care products.

    As such, the opportunities to make a real difference - and have an impact on society – are huge.

    INEOS as a company is a known trendsetter in joining forces with business partners to form industrial clusters. Together with local third parties it often shares resources and utilities and creates industrial symbiosis.

    “It goes to the very heart of corporate sustainability,” said Greet.

    Like many of INEOS’ businesses, INEOS Styrolution already works hand in hand with many leading institutes and scientists and partners to develop new, innovative solutions.

    One such partner is the University of Bayreuth in Germany.

    Professor Hans-Werner Schmidt, who works in the university’s Department of Macromolecular Chemistry, said INEOS Styrolution’s approach was different to most corporations.

    “It goes well beyond traditional corporate sponsoring of a university chairman or graduate research,” he said. “It is a pioneer in its approach to R&D concepts and partnerships, like ours with INEOS Styrolution, prove it.”

    Norbert Niessner, Director of Global R&D and Intellectual Property, said these collaborative efforts and partnerships were vital.

    “We see our partnerships as a way to steadily grow our innovation pipeline in both size and value, especially when it comes to creating styrenics solutions that contribute to a sustainable future,” he said.

    All these developments, though, are carried out with safety for all – both inside and outside the company – very much in mind.

    “Chemical products, such as styrene, can involve risks when not handled properly so safety is rightly at the heart of our business,” said Kevin.

    INEOS Styrolution is also proud of the work it is doing to reduce its impact on the environment.

    In its report, it highlighted its decision to install a state-of-the-art closed cooling water system at its North American polystyrene production plant in Decatur, Alabama. The system, which meant the same water could be repeatedly used to cool down strands in the strand bath, more than halved the site’s water consumption.

    It also championed its decision to install four new heat exchangers at the Texas City styrene monomer plant which saved the equivalent amount of energy needed to power 138,500 cookers.

    “The investment resulted in a 55 ton reduction in CO2 per day,” said Tim Brown, Technology Manager Global Styrene Manufacturing.

    Industry leaders from more than 100 countries currently rely on INEOS Styrolution’s styrenics products.

    “They do business with us because we always strive to offer them the best solution,” said Kevin. “We help them to be more innovative and more efficient than their competitors to manufacture products at a lower cost.”

    4 minutes read Issue 11
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    Man and Machine in perfect harmony

    IT is regarded as one of the most brutally challenging cycle races in the world. But while the riders’ determination to win the Tour de France may not have changed over the past 113 years, the technology certainly has.

    Italian-born Maurice Garin won the first race on a red, white and blue Tricolour bike and pocketed 20,000 French francs. Victory, though, seemed somewhat bitter-sweet.

    “I suffered on the road,” he said after crossing the finishing line on July 19, 18 days after setting off from a café in Montgeron on the outskirts of Paris. “I was hungry, I was thirsty and I was sleepy. I cried between Lyon and Marseille.”

    This year’s favourite to win the world’s biggest bike race was Team Sky’s Chris Froome, who grew up in Kenya where he used to sell avocados off the back of his bike for pocket money.

    He was determined to win – and that he did, in impressive style, when he rode triumphantly into Paris on Sunday July 24 in the famous yellow jersey and became the first Briton to win three Tour de France titles.

    He – and his supporters - had suffered a slight scare on day 19 of the 21-day race when he slipped on a treacherous wet descent 10km from the line, crashed and had to borrow teammate Geraint Thomas’ bike to the finish.

    “I lost a bit of skin obviously and banged my knee a bit,” he said after finishing. “But I was just grateful that I had got that four-minute advantage to play with. It gave me a breathing space.”

    Froome’s winning bike was the DOGMA F8, a revolutionary machine designed by Pinarello to literally slice through the air.

    “When you push on the pedals, the power goes straight through the bike,” he said after testing it for the first time in Nice, France. “It does not flex. It does not move. Whatever power you are putting into the pedals, goes on to the road.”

    What made this bike so incredibly light, yet strong, was Pinarello’s decision to use Toray’s new T11001K Dream Carbon with Nanoalloy Technology.

    To the layman, it is the carbon fibre that Boeing is using in its state-of-theart 787 fleet.

    “Using this we were able to increase the stiffness by 12% while reducing the frame weight by 120 grams to 860 grams (1.9lbs),” said a spokesman for Pinarello.

    Toray, the world number one in the manufacture of carbon fibre, said Pinarello was the only bike brand to be using it.

    “In designing the DOGMA F8, one of our objectives was to raise the bar yet again,” said CEO Fausto Pinarello. “We wanted to improve on the improvements we made to Chris Froome’s last bike.”

    The DOGMA 65.1 had been the most titled bike on the planet and universally recognised as a benchmark in the world of high-end road bikes.

    All that changed as Froome became the first man since Miguel Indurain in 1991 to successfully defend his title.

    He believes that man and machine have never been more compatible.

    “It doesn’t matter how many wind tunnel tests we do, the ultimate test remains with the rider,” said the spokesman. “He is the one who will live, fight and sweat on the bike.”

    INEOS, as the company which supplies Toray with acrylonitrile, the core ingredient needed to make carbon fibre, was also watching with interest.

    3 minutes read Issue 11
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    The fight for survival

    ONE of the pillars of the European economy – and society’s best chance of creating tomorrow’s low carbon economy – could be in danger of collapse.

    INEOS fears Europe’s policymakers want the impossible – and won’t get it without listening to industry.

    “It really is becoming a strangling reality to work in Europe as an energy-intensive industry,” said Greet Van Eetvelde, INEOS Manager of Cleantech Initiatives. “The petrochemical industry has helped Europe to grow into one of the most industrialised and wealthy regions in the world. It is a ‘pocket of prosperity’. But with a stroke of the pen, literally, the European Commission is writing its own death sentence.”

    The problem is this. Energy-intensive industries are already operating under intense pressure in Europe due to spiralling energy costs compared to America, the Middle East and China.

    Burdensome EU initiatives to cut emissions are another increasing area of concern.

    Combined, they threaten the very existence of the chemical industry in Europe – and are at odds with the EU’s goal of raising manufacturing’s GDP contribution to 20% by 2020.

    “Europe is currently at risk of losing its strong manufacturing base, never mind reaching the 20% manufacturing share of GDP target,” said Dr Peter Botschek, CEFIC’s Director of Energy and Climate Action. “The EU’s policy framework needs to enable, not penalise, efficient manufacturing growth.”

    Among the latest reforms to alarm Europe’s chemical industry is the EU’s flagship plan for cutting carbon, the Emissions Trading Scheme which is aimed at big business.

    Cefic is the organisation that represents 29,000 large, medium and small chemical companies in Europe.

    It said the chemical industry already had a long track record of improving its energy and resource efficiency, all of which had reduced greenhouse gas emissions by 54% since 1990 despite a 70% increase in production.

    And it had achieved them through investment and innovation.

    “That innovation is crucial and will be indispensable to ensure further improvements and develop breakthrough technologies to create a low carbon and energy efficient European chemical industry,” said its president Kurt Bock. “A thriving chemical industry is an essential part of the solution for the challenge of climate change and a key driver for achieving the EU’s objectives regarding jobs, economic growth and investment.”

    Critics say the newly-proposed EU reforms are fundamentally flawed and would ultimately penalise the most efficient companies.

    “It just makes no sense,” said Dr Botschek. “Companies that already meet the highest standards cannot do any more. Yet by 2025 even the most efficient undertakings will have to buy allowances for their own growth. The best performers will not be rewarded but will be burdened with undue carbon costs.”

    He said those higher carbon costs would inevitably erode margins and hinder the industry’s ability to provide a sufficient return on investments in the long-term.

    And there is already evidence of that.

    Despite increasing global demand for chemicals, China now holds the top ranking in worldwide chemicals sales, a position once held by Europe.

    “It should be acknowledged that investments in production facilities are made for the long-term,” said Dr Botschek. “Energy-intensive industries faced with the promise of a substantial long-term increase in their energy costs will think twice before making these decisions.”

    He said the best way for the EU to encourage investment in low-carbon technologies was to create a more competitive environment for industry so it had money to invest.

    “Energy-intensive industries cannot pass their carbon costs to consumers without losing market share to their non-EU competitors,” he said.

    If the EU continued to act unilaterally, he argued, it would make non-EU countries a more attractive place to invest, lead to job losses and stifle growth in Europe. Furthermore such actions could lead to higher emissions in companies that are less efficient than those within the EU.

    The chemical industry is not the only one worried by what’s on the horizon.

    European steelmakers are also calling for the Commission to ensure its post-2020 proposals to change the Emissions Trading System do not lead to unfair costs which their global competitors don’t face.

    According to a recent study, the proposed reforms could cost the steel industry alone about €34 billion.

    INEOS has been lobbying whoever will listen in an attempt to galvanise support against the proposed reforms which it believes will cost its European businesses more than €1 billion.

    Energy Intensive does not mean energy inefficient.

    “The industry is already highly efficient and changing European laws will not change the laws of physics,” said Greet. “Any further reduction in our emissions and energy use is only possible via relocated production, which does nothing to reduce global emissions. Unfortunately, the European Commission seems to operate in a growingly decoupled way from the industrial reality.”

    INEOS wants to work with policymakers during the ordinary legislative procedure to improve the Commission’s carbon leakage proposals.

    CEFIC is also working actively with the Alliance of Energy Intensive Industries, which represents over 30,000 European companies and four million jobs, towards a fair and efficient reformed ETS to enable the most efficient companies to grow in Europe.

    “Global demand for chemical products is predicted to double by 2030 with much of this growth being in Asia,” said Kurt. “Therefore, the question for policymakers is: ‘What part can EU legislators play in helping to ensure chemical products are continued to be produced in the EU?’”

     

    What does the future hold?

    THE European chemical industry is one of the few European manufacturing sectors that is still truly a world leader.

    It employs 1.16 million people, exports goods worth €140 billion, and is the foundation for the wider manufacturing sector.

    But it is losing ground as it prices itself out of global markets.

    Figures show that the chemical industry’s global market share has fallen from 32% in 1993 to 17% in 2014 when it became a net importer of petrochemicals for the first time due to falling exports and increased imports from Asia.

    “Worryingly for the future, investment has stagnated in Europe over the past decade, while increasing tenfold in China and almost fourfold in the USA due to the shale gas boom,” said Greet Van Eetvelde, INEOS Manager of Cleantech Initiatives.

    CEFIC said Europe must remain competitive if policymakers wanted it to continue being innovative.

    Climate change policy leadership in Europe, it said, should not come at the expense of losing industry to another country with less stringent regulations, arguing that it would actually lead to an increase in global carbon emissions and funds for much-needed innovation would dry up.

    “European deindustrialisation is not and should never be seen as a viable option on the journey to decarbonisation,” said a spokesman.

    5 minutes read Issue 11
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    Caring for our communities

    AS INEOS has grown, so too has its responsibility towards those who live and work close to its manufacturing sites.

    It believes its licence to operate complex, potentially hazardous petrochemical plants hinges on how it is perceived in the community.

    “We do not operate in a vacuum,” said Kevin McQuade, CEO of INEOS Styrolution. “Our responsibility does not end at the company gates. We want to be a good and valued neighbour and maintain people’s trust.”

    Each of INEOS’ sites has a co-ordinated approach to building and strengthening relationships with those who live, work and play nearby.

    Regular community forums at some of its sites, including Köln in Germany and at Grangemouth in the UK, give the public the opportunity to listen to INEOS’ plans for the future, ask questions and air any concerns.

    “We try to explain ourselves using clear and non-technical language. Because we have built up a good long-term relationship over the years, people are reassured. They may sometimes not like to hear what we have to tell them, but it is important we explain the context” said David East, Communications Manager at INEOS’ site in Grangemouth.

    Dr Anne-Gret Iturriaga Abarzua, Head of Communications at INEOS Köln, said the regular meetings at the Köln plant with representatives of the Köln-Worringen Community Forum were always constructive, open and honest.

    “They enable us to provide updates on our business and introduce plans for the future,” she said. “But more importantly they provide a platform for local people to ask questions.”

    In addition to the regular forums, both Grangemouth and Köln host ad-hoc meetings if specific issues need to be discussed, and Köln invites local people to tour the site by bus every month to see for themselves exactly how INEOS operates.

    Talking to local communities about what INEOS is doing and planning matters to both sides.

    “We take our role in society very seriously,” said Christine Schönfelder, Vice President Corporate Communications, Investor Relations, Advocacy and Change Management at INEOS Styrolution. “We want to be a trusted part of the community where we operate.”

    INEOS Upstream – INEOS’ newest business – is currently talking to communities in England about its plans to explore parts of the UK for shale gas.

    “It is a very controversial and contentious issue,” said Tom Pickering, INEOS Shale, “But we want to show the community that we do understand they might be worried, we do care and we will listen.”

    Being a trusted part of the community does matter a great deal to INEOS – and that’s why you will often find INEOS employees helping charities, competing in sporting events or helping to develop and educate young people.

    Many of INEOS’ sites also work alongside schools and colleges to promote a healthy interest in science, technology and engineering – and, in doing so, hopefully inspire the next generation of scientists and engineers.

    “As a successful company, we want to give something back to society,” said Christine. “The way we do our business is as important as the business we do. Operating with integrity and with ethical standards is our way of doing business.”

    INEOS businesses and sites have embraced social media which has opened up new channels of communication with the wider community. They are using the Internet, Facebook, Twitter and LinkedIn as a way to inform local communities and, just as importantly, receive feedback.

    “Because of its immediacy, social media is a great way to respond to events where speed is of the essence,” said Anne-Gret. “In these circumstances it enables us to gain trust and establish ourselves as the single point of authoritative information.”

    Grangemouth’s Community Liaison Group, which includes local councillors, police officers and the local head teacher, used to meet four times a year but decided, amongst themselves, to cut it down to two.

    “For us, it will always be a wonderful opportunity to speak face-to-face with representatives from the local community, share our plans, be open and honest about our performance and to hear their views and thoughts,” said David. “It helps that we have members who have been members of the group for a long time, and many who are ex-employees. It’s all about building and maintaining relationships.”

    But it’s not just about communication.

    INEOS’ successful, worldwide GO Run For Fun campaign aimed at inspiring tomorrow’s generation to be active and its work in German primary and secondary schools through TuWas! are equally as important.

    “All these things will certainly shape our profile as a trustworthy, sustainable and honest company for many years to come,” said Anne-Gret.

    5 minutes read Issue 11
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    Just the job

    MANUFACTURING is becoming ever more complex and highly-skilled employees are becoming increasingly sought after.

    The problems are global and well documented; the action and solutions less so.

    In April last year Michael Collins, President of MPC Consulting, told Industry Week magazine that it was time to act.

    “We have done enough ‘shortage of skills’ surveys,” he said. “We know what kind of skills and training programmes are needed. It is time for corporations to quit stalling and make the commitment to long-term training by seeing it as an investment, not an expense.”

    As a company, which needs a continuous supply of highly-skilled, highly-disciplined and motivated employees to survive, INEOS has always believed in the importance of training and development, and knows it cannot afford to wait for government initiatives to solve the deepening crisis.

    And it is a deepening crisis.

    In America, a looming shortage of skilled workers could cut short its manufacturing renaissance.

    “Over the next decade, nearly 3½ million manufacturing jobs likely need to be filled,” said a spokesman for US-based Manufacturing Institute. “But two million of those jobs are expected to go unfilled due to the skills gap.”

    In a poll conducted last year by the Foundation of Fabricators & Manufacturers Association, 52% of American teenagers said they had no interest in manufacturing, seeing it as a ‘dirty, dangerous place that requires little thinking or skill’.

    The UK fared no better. In October the UK-based Manufacturing Institute said teachers needed to understand that manufacturing was a good career.

    “We are in the middle of a war for talent and it is concerning to see that this is beginning to hold manufacturing businesses back,” said Chief Executive Dr Julie Madigan. “Just to stand still, UK manufacturing will need hundreds of thousands of recruits in the next 10 years.”

    In March this year business group EEF also highlighted the problem, saying Britain’s manufacturers were struggling to recruit skilled workers and keep pace with global technology.

    But it’s not all doom and gloom.

    Companies, like INEOS, are fighting back. And winning.

    At INEOS Köln in Germany, O&P in the US and Grangemouth in Scotland, successful apprenticeship schemes are reaping real results.

    Germany is perhaps the country that has been making real headway.

    “People who get a job here say they feel like they have won the lottery,” said Dr Anne- Gret Iturriaga Abarzua, Head of Communications at INEOS Köln. “We take care of our people and we don’t have a problem recruiting. We don’t need to spend a lot on advertising. We don’t worry about the future but we are not complacent either.”

    Andreas Hain, head of apprentice training at the German site, said every year about 1,800 young people applied for about 60 jobs.

    All are asked to take part in an online questionnaire. From those almost 500 are invited in and interviewed for at least an hour each.

    “We do invest a lot of time and effort,” said Anne-Gret. “But this is a high investment so we need to get it right, because if they start working for us, they stay. We have quite a lot of people who have been here for 45 years.”

    Once INEOS has chosen its 60 apprentices – and all are likely to be highly motivated, enthusiastic, openminded souls with an interest in their communities – they are treated as part of the INEOS family.

    “We take care of them from the moment they come in,” said Anne-Gret.

    The apprentices learn on the job and attend the college on site. All the teachers are ex-workers.

    “It means we can mould them in the way we want and bind them together in the company,” said Anne-Gret. “We want them to understand the company’s culture.”

    Finding people who understand a company’s culture and ethos – and practise it by example – is key to any organisation that wants to grow and prosper in today’s competitive world.

    In 2008 INEOS joined forces with Forth Valley College and Heriot Watt University in Scotland to launch its five-year modern apprenticeship scheme Engineers of the Future.

    The scheme, which was modelled on the success of INEOS’ Köln site, combined a full university education with relevant, workplace experience.

    “The concept of work experience placements, as part of a university education, was nothing new but the thinking behind it, was,” said Robin Westacott, director of the Engineers of the Future programme.

    The work experience created ‘work ready’ graduates familiar with the site’s processes and procedures, and focus on safety.

    “We want them to understand INEOS’ culture so that when they go down to the site to do their on-site training, that culture is already embedded,” said Kenny MacInnes, deputy head of engineering at Forth Valley College.

    Jennifer Prentice, Duncan Paterson and Mark Skilton were among the first graduates to complete the bespoke course. All now work full-time for INEOS.

    “The quality of these graduates showed clearly that the rationale for the programme had been fully achieved,” said Gordon Milne, Operations Director at INEOS Grangemouth. “They set the bar very high.”

    INEOS Olefins & Polymer USA’s college recruiting campaign is also paying dividends. It has been so successful that it has effectively helped the business to establish a ‘talent pipeline’ for the future.

    “We have been able to bring in and develop some terrific people who, have and will, continue to contribute to our company’s success today and in the future,” said HR Director Sam Scheiner.

    4 minutes read Issue 11
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    Universal appeal

    INEOS’ simple campaign to get children fit by encouraging them to run for fun has reached yet another milestone.

    This summer more countries than ever have hosted GO Run For Fun events, the latest being Italy and Norway.

    “It really does now have a truly international feel,” said Ursula Heath, INEOS Group Communications Officer, who works on the campaign.

    So far more than 220 events have been hosted in Germany, Switzerland, Holland, America, Belgium, France and the UK with the £1.5 million donation set aside by INEOS when it launched the campaign three years ago. At the time founder INEOS chairman Jim Ratcliffe said his target was to reach 100,000 children.

    “We smashed that target months ago,” said Ursula. “But our reach is still growing, and we’re not about to give up now. If anything our ambitions have got bigger.”

    Although INEOS’ original donation is drawing to an end, with the growing appetite for getting children outside and running for their health and wellbeing, the GO Run For Fun team is excited about the possibilities for the future.

    “We are continuing to stage these high energy, hugely popular fun runs but we’re increasingly looking to work closer with schools to provide the motivation and materials to teach healthy active living all year round,” said Ursula.

    The team is now headed up from within INEOS by John Mayock, a former Olympic athlete who has staged nationwide school sports programmes.

    “The GO Run For Fun campaign has gone from strength to strength,” he said. “We now have more countries, more children, countless events and have won the support of more than 150 world-class sporting ambassadors.”

    Numerous sponsors are supporting the campaign and negotiations with potential partners to help fund the campaign will continue.

    INEOS will also continue to support former Scottish headteacher Elaine Wyllie’s ground-breaking Daily Mile initiative, which is growing apace, by working closer with participating schools.

    “The two campaigns not only share a similar goal, but complement each other,” said Ursula.

    The Daily Mile encourages children to get into the habit of running by taking part in a mile-long run in school every day. GO Run For Fun is the big event – the one that inspires children to give it their all.

    “GO Run For Fun is like a circus when it comes to town,” said John. “And it leaves a lasting impression on the kids.”

    But both share a similar ethos and vision.

    “Children are encouraged to enjoy running, no matter their speed, ability or experience,” said Ursula. “And that’s the reason why both these campaigns will have a positive impact on the activity levels and health of the next generation.”

    With Jim Ratcliffe’s vision buoyed by the success of the campaign so far, the next era of GO Run For Fun is going to be an exciting one to watch.

     

    CHAMPION! ZAK CANNOT BELIEVE HIS LUCK

    AS days go, July 14 was quite a day in nine-year-old Zak Schuster’s life.

    The Swiss schoolboy had stopped off at London’s Olympic Stadium with his parents in the hope of seeing where athletes Mo Farah and Usain Bolt had won gold medals in the 2012 London Games.

    But instead he stumbled across INEOS’ GO Run For Fun event which was being staged inside the iconic venue for the very first time in the hope of inspiring British children to run for fun.

    Zak’s mum Janet asked if he might take part.

    “We don’t normally accept late entries but we could not refuse him,” said Ursula Heath.

    Zak was given a spare number, one of the charity’s trademark pink T-shirts and lined up with 4,000 other children ready to run the 2km race.

    “He was so excited,” said Janet.

    As the gun went off, the young runner, who is the Swiss Group of International Schools’ cross country champion, led the charge, eventually crossing the line first, and breaking the tape.

    “That moment is something he will never forget,” said Janet.

    Later the schoolboy, who has had a passion for running since he was five, met former Olympic hurdler Colin Jackson and athletes Richard Kilty and Emilie Diamond.

    Zak’s mum, Janet, who teaches PE at a Swiss international school, said he could not believe his luck.

    “He is still talking about it,” she said. “In fact we all are. The whole event was just so inspiring and meeting some sporting heroes was the icing on the cake. They could not have been nicer. They took time to chat with him, posed for photographs and signed his T shirt.”

    As the signatures on his T-shirt eventually fade, the memories won’t.

    “This will have a huge impact on his running,” said Janet.

    More than 160,000 children throughout the world have now taken part in one of INEOS’ GO Run For Fun event.

    5 minutes read Issue 11
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    Why INEOS is a good investment

    INVESTORS have grown to love INEOS as the company itself has grown over the past 17 years.

    On the face of it, it’s understandable. It has risen from humble beginnings in 1998, when it employed 400 people and turned over £200 million, to become a company employing 17,000 people across 67 sites in 17 countries with global sales of a cool $40 billion.

    “To our investors we have become a ‘must have’ investment,” said Peter Clarkson, Head of Investor Relations at INEOS. “INEOS bonds can be found in the portfolios of most managed funds because it has continued to provide investors with an excellent return, and consistently meets and exceeds its promises time after time.”

    But to really understand why the appetite to share in INEOS’ success is growing, you have to look beyond the balance sheet, impressive though it is.

    For what INEOS has become an expert at is turning unwanted, inefficient businesses back to profit where others have simply failed.

    And that is down to the way the company is run.

    “Many of the old blue-chip companies manage by committee, but that doesn’t happen in INEOS,” said Peter. “People, even new graduate employees, are given clear individual responsibility, and report to a very focused business board, who can make major decisions very quickly.”

    INEOS actively encourages its staff to think like owners and spend money as if it were their own.

    “INEOS is different,” said Peter. “The underlying mood is always restless. INEOS is always looking for opportunities and that is good news for anyone wanting to invest.”

    As a company, INEOS thinks big. It dreams the impossible. But, more importantly, it makes things happen.

    At this year’s annual investor days in London and New York, Peter detailed some of the initiatives – big and small – that continued to give INEOS its well-deserved reputation as a company that was comfortable taking calculated risks.

    He talked about INEOS’ ground-breaking decision to buy 12 North Sea gas fields for £490 million while all around seem to be selling up.

    He spoke about the incredible ships, which are now bringing low-cost ethane from America to Norway – and soon Scotland – to give INEOS’ European gas crackers the edge over its competitors.

    “We are very comfortable with where we are, but there is much more we can do,” he said.

    The investors – and there were almost 200 at this year’s investor days – are keen to hear INEOS’ views of the market, its predictions for the price of oil, and in particular naphtha, which it uses to feed some of its crackers, the impact of low-cost US shale gas and what major projects are planned.

    “They usually want to know about anything and everything that has a major influence on our cash flow,” said Peter.

    What investors have discovered is that a year in the life of INEOS is never dull.

    For INEOS Group, INEOS Styrolution and INOVYN, 2015 proved to be a record year thanks to favourable markets due, in part, to the failure of its competitors.

    INEOS capitalised on that by running its plants hard, maximising the high margin business that was to be had.

    “Everyone knows that the global petrochemical industry’s assets are ageing and becoming increasingly unreliable and expensive to maintain,” said Peter. “But we are good at maintaining our assets in a safe and reliable condition, whilst controlling capital expenditure. The reliability factor has really paid dividends over the past couple of years.”

    INEOS’ cracker in Koln, Germany, for instance, is 99% reliable despite its age.

    “It is like a well-cared for Mercedes with 100,000km on the clock,” said Peter.

    When money is spent, it is spent wisely on projects that will make money for INEOS to invest elsewhere.

    “The projects are always well targeted and cost-effective,” said Peter. “Even the smaller projects add value.”

    INEOS has worked hard to ensure investors are treated as part of the team. Every week all investors and analysts are sent a market update with a summary of what has been happening in all of INEOS’ major markets.

    “It is very unusual in the world they invest in but we believe they value that transparency,” said Peter. “It also helps to reduce the amount of time needed to renegotiate and secure better interest rates when we launch new bonds. Investors often feel they don’t need to attend an investor day because they understand the company so well.”

    That openness means a bond refinancing deal can now be done in days instead of weeks.

    “We have absolutely no trouble selling our debt because of our reputation,” said Peter.

    4 minutes read Issue 11
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    Styrenics sell-off

    INEOS has agreed to sell one of its businesses to a Polish company for €80million. Its expandable polystyrene business INEOS Styrenics will soon be run – subject to approval – by Synthos, one of the largest manufacturers of chemical raw materials in Poland.

    Expandable polystyrene is heavily used to package goods and also by the construction industry to insulate homes and offices because it is light, strong and long-lasting.

    Tomasz Kalwat, CEO of Synthos, said the acquisition would ensure expandable polystyrene remained the insulation material of choice for its customers.

    INEOS Styrenics currently makes EPS, as it is known, at two manufacturing sites in France and one in the Netherlands. Research, development and product testing is carried out at a purpose-built site in the Netherlands, which is also home to the business’ customer service team and its logistics and finance staff.

    Synthos, whose headquarters are in Oświęcim, was the first European manufacturer of emulsion rubbers and is a leading manufacturer of polystyrene.

    INEOS Styrenics is a part of the INEOS Enterprises portfolio of business. INEOS Enterprises’ job is to actively seek market opportunities to acquire, develop and sell chemical businesses.

     

    2 minutes read Issue 11
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    Green light for new US plant

    INEOS has given the final backing for a new world-scale plant to be built near Houston in Texas.

    When it becomes operational in November 2018, the plant will produce 420,000 tons of linear alpha olefins (LAOs) every year – 20% more than INEOS Oligomers had originally planned.

    The decision to increase production at INEOS’ Chocolate Bayou site has been driven by America’s shale gas boom, which has slashed the cost of energy and raw materials, and customer demand.

    LAOs are used in a huge range of products including shampoos, packaging, pipes, tyres and agrochemicals.

    The new plant will also help INEOS’ growing polyalphaolefin business because it will make the raw materials the business needs to manufacture high performance synthetic lubricants.

    The wind industry relies on these high viscosity oils to improve the performance and reliability of wind turbine gearboxes. In the past the industry has been plagued by gearboxes failing, leading to a loss of production.

    INEOS Oligomers is already the world’s largest producer of PAOs but this latest investment represents a major step forward in the company’s ambitious growth plans for its LAO business.

    By the end of 2018 the global LAO production capacity of INEOS Oligomers, which has other plants in Canada and Belgium, will be about one million metric tons a year.

    2 minutes read Issue 11
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    Jim’s £25 million gift to business school

    INEOS chairman Jim Ratcliffe has donated £25 million to the London Business School where he earned his MBA.

    The money will secure the future of the Regent’s Park building for the next 125 years. “I owe a lot to the London Business School,” said Jim. “It is one of the best business institutions in the world.”

    Jim obtained his MBA in 1980 while working for Exxon Chemicals as a chemical engineer. Eighteen years later he founded INEOS which is now one of the biggest petrochemical companies in the world with 17,000 employees and sales of more than $54 billion.

    Professor Sir Andrew Likierman, Dean at the London Business School, described the donation as ‘incredibly generous’.

    “This will mean that future generations of students will have the benefit of studying in one of London’s most beautiful and historically important buildings,” he said.

    As a thank you, the London Business School has also named its main Nash terraced building as The Ratcliffe.

    2 minutes read Issue 11
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    INEOS acquires WL Plastics

    INEOS O&P USA has acquired a company that is reaping the benefits of America’s shale gas boom. It has acquired 100% of the shares of WLP Holding Corp, one of the largest and fastest-growing high density polyethylene (HDPE) pipe manufacturers in North America.

    Pipes, which are made from HDPE, don’t leak or rust and, if properly designed and installed, don’t need maintaining for 100 years.

    As such, they are in demand from oil and gas producers.

    “The growth in HDPE pipe for oil and gas really did explode with the development of shale oil and gas exploration,” said Dennis Seith, CEO of INEOS O&P USA.

    But INEOS sees other avenues for growth as US cities grow and need to replace ageing sewage and water systems. “The unique properties of strength, flexibility, weight and durability along with ease of handling make HDPE pipes the perfect choice,” said Dennis.

    The Fort Worth, Texas-based company currently produces HDPE pipes at plants in Kentucky, South Dakota, Utah, Texas, and Wyoming with one in Georgia currently being built.

    “We are very pleased to have acquired this business,” said Dennis. “It is well-positioned to serve the growing North American pipe market and will complement our existing portfolio of olefins and polymer products.”

    Mark Wason, CEO of WL Plastics, said INEOS and WL shared a similar ethos.

    “We are both committed to safety, quality, manufacturing excellence and customer service,” he said.

    He believed INEOS would help WL Plastics to strengthen its position in the market place.

    2 minutes read Issue 11
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    INEOS Styrolution makes its first acquisition

    INEOS Styrolution, already viewed as a global leader in styrenics, has signed a deal that further strengthens its position in the world.

    It has bought the global K-Resin® styrene-butadiene copolymers (SBC) business of current JV owners Chevron Phillips Chemical and Daelim Industrial Company. The plant is located in Yeosu Petrochemical Complex, the largest petrochemical complex on the southern coast of South Korea.

    CEO Kevin McQuade said the acquisition – INEOS Styrolution’s first – would strengthen its ability to offer specialty styrenics products to its customers, and increase its production capacities in Asia.

    “Our customers will benefit from our ability to supply and support their worldwide demand from our expanded geographic footprint, with SBC manufacturing and research and development centres in all major regions,” he said.

    INEOS Styrolution currently employs about 3,100 people and operates 15 production sites in nine countries.

    K-Resin® SBC and INEOS Styrolution’s existing SBC brands Styrolux® and Styroflex® complement each other well. The combined business will offer a broad selection of SBC products to customers across the globe.

    The acquisition, once completed, also underlines INEOS Styrolution’s commitment to focus on measures that will expand its footprint in higher-growth industries, styrenic specialties, and emerging markets.

    2 minutes read Issue 11
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    Why shale gas from the US still works with $30 oil

    THE collapse in oil prices does not trouble INEOS, which has just invested $2 billion to transport US shale gas to Europe.

    Tom Crotty, INEOS’ Group Communications Director, said outsiders had questioned the viability of importing US gas when oil prices were now so low.

    But he said it did not matter because INEOS owned both gas and oil crackers.

    “For us, the fact that we’ve now got much lower oil prices hasn’t impacted the viability of bringing that gas in from America at all,” he said. “Instead, it has improved the profitability of our oil-based crackers.”

    Tom said there had been some ill-informed commentary.

    “Some have said that companies like INEOS must be mad to bring in ethane from the US when oil prices are so low but they are missing the point,” he said. “If you’ve got a gas cracker, you cannot use naphtha. You have to use gas. So the issue is not one of gas versus naphtha. It’s gas versus gas.”

    The availability of low-cost ethane, a natural gas derived from shale gas, has revitalised America’s chemical industry and given it an advantage over many competitors around the world which rely on naphtha, a more expensive oil-based feedstock.

    But with the collapse in oil prices, that advantage has narrowed.

    “The European petrochemical industry has done very, very well as a result of low oil prices, because the price of naphtha has fallen dramatically,” said Tom. “So margins have come back into naphtha crackers big time. If you’ve got both types of crackers, like us, then you have reason to feel very happy.”

    INEOS, which relies on ethane gas for its crackers in Norway and Grangemouth, said it was still cheaper to import gas from the US than buy it in Europe.

    “The other issue is that we cannot get gas in Europe,” said Tom. “Our Grangemouth cracker has been running at 40% output for the past three years because we haven’t got ethane. Ethane is running out fast in the North Sea. So your choice there is really simple. You need to either run a cracker or you don’t.”

    MOTHBALLED UNIT TO REOPEN

    A MANUFACTURING unit at INEOS’ Grangemouth site is to reopen eight years after it was mothballed.

    The plant has successfully completed rigorous recommissioning trials to prepare for the arrival of US shale gas ethane.

    INEOS announced the news shortly after the first shipment of US shale gas arrived at its neighbouring gas cracker in Rafnes, Norway. The first deliveries are expected at Grangemouth in the autumn.

    “We are now in great shape to finally run the Grangemouth plant at full rate,” says Gordon Milne, INEOS Grangemouth Operations Director.

    INEOS was left with no option but to close the second manufacturing unit at the KG ethylene cracker in 2008 after it could not operate it at full capacity.

    The arrival of US ethane changes everything.

    “When the gas finally arrives here, this plant will move into the premier league of European petrochemical plants,” said Gordon.

    The US liquid gas will be stored in a specially built ethane tank – the biggest in Europe – and make up for dwindling North Sea supplies.

    5 minutes read Issue 10
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    Who Dares Wins

    THE world has just witnessed a truly significant moment in the history of petrochemicals.

    Those shipments of liquefied ethane, which finally docked at Rafnes in Norway in March, will breathe life into INEOS’ European businesses.

    But forget the years, many million man hours and 5,000 construction workers it took to build the first two ‘Dragon Ships’ transporting this precious cargo. For those ships are just part of this incredibly inspirational story that is global in scale, breathtaking in its vision.

    It is also a story that many on both sides of the Atlantic had dismissed as pure fantasy.

    “It had never been done, and many said it couldn’t be done,” said Chad Stephens, Senior Vice President of Corporate Development at Range Resources, which is providing INEOS with the gas it needs.

    The arrival of these world-leading vessels, which were built in China, heralds a new era in the transportation of ethane gas.

    “Not often do you witness revolutionary moments in our industry, but this is one of them,” said Peter Clarkson, head of investor relations at INEOS.

    The difference this competitively-priced ethane will make to INEOS’ European petrochemical business is staggering, both in terms of energy and raw materials. INEOS will use it to power its plants as it turns it into ethylene, one of the world’s most important petrochemicals.

    “Shipping US ethane gas to Europe will safeguard our petrochemicals assets in Europe for many years to come,” said John McNally, CEO of INEOS Olefins & Polymers UK.

    The story, though, really began six years ago when INEOS dared to think the unthinkable. In 2010 Europe was reeling from the effects of the financial crisis. Energy prices were higher than ever and North Sea gas stocks were dwindling. In America, a revolution was underway. Shale gas had led to low energy and feedstock prices which had revitalised its manufacturing industry. But America had a problem. It had so much ethane that it did not know what to do with it.

    A plan was hatched at INEOS’ offices in Rolle, Switzerland, to create a virtual, transatlantic pipeline and bring the gas it desperately needed to secure the future of its European crackers.

    But how would INEOS do it?

    No one had attempted anything on this scale before.

    There was no way to get the gas from the shale wells in south western Pennsylvania to Philadelphia 300 miles away on the east coast of America.

    There were no export facilities in the US and no one had ever tried to ship ethane gas in such huge quantities.

    To INEOS Chairman Jim Ratcliffe, none of that mattered.

    “People said we couldn’t do it,” he said. “But at INEOS we have always believed that anything is possible.”

    As INEOS ploughed ahead with its ambitious plans and assembled a team of international partners, spanning three continents, others watched and waited.

    “The technology didn’t exist so we had to create it,” said INEOS Director Andy Currie.

    David Thompson, Chief Operating Officer INEOS Trading & Shipping, was the man given the task of overseeing the project.

    “It has quite simply been one of the biggest engineering projects in the world,” he said. “We are pioneers in this. We have been involved in the pipelines, the fractionation, the terminals, the infrastructure and the ships. We have had to do it all.”

    That bold, pioneering plan has now become a reality.

    To do it, INEOS struck 15-year deals with ethane suppliers, including Range Resources, to provide the gas, MarkWest to process the gas and Sunoco to pipe it hundreds of miles to the Marcus Hook Industrial Complex where it will be cooled to minus 140 degrees Fahrenheit before being shipped to Norway and later this year Grangemouth in Scotland.

    There was no doubt in the minds of all those involved. This was not a problem. This was an opportunity. An opportunity to safeguard the future of businesses in Europe and breathe life back into once-thriving communities in America.

    In America work began to convert a former oil products pipeline to carry the ethane on most of its journey from the Marcellus Shale to Marcus Hook, a once bustling oil and gas refinery which had closed in 2011.

    Sunoco, which still owned the rusting refinery, began pumping billions of dollars into transforming it into a world-beating chemical production, gas storage and distribution centre to enable INEOS’ fleet of ‘Dragon Ships’ to be loaded with cargo. Elsewhere, 50 miles of new pipes were laid and a new pumping station was installed.

    Over in Europe, INEOS partnered with Danish shipping giant Evergas to design ships capable of such a mammoth task.

    “It was an enormous task but Evergas understood perhaps better than anyone else what it would take to transport ethane in the quantities sought by INEOS over the distances required,” said Chad.

    Evergas did indeed.

    “Ethane-capable vessels existed,” said CEO Steffen Jacobsen. “But Evergas, together with its many stakeholders, created the largest and most sophisticated ethane-carriers to date. That ambitious vision from INEOS and Evergas is what has made this shipping project possible.”

    In Hamburg, Germany, HSVA worked on an optimised hull to meet the special needs involved in transporting ethane and Wartsila in Finland invented engines that could run entirely on ethane, which not only allowed more room for cargo but would reduce harmful emissions.

    Once the designs were complete, Sinopacific Offshore and Engineering, one of the biggest shipbuilders in the world, was given the final piece in the jigsaw. It had to build the ships.

    As work began in China, TGE Gas Engineering, one of the world’s leading contractors for the engineering and project management of gas storage, began building another ethane storage tank and infrastructure at INEOS’ Rafnes site to enable it to import ethane from the North American shale gas fields.

    Work also began on the construction of new shipping and storage facilities to handle imports of ethane at INEOS’ Grangemouth plant.

    For staff at Grangemouth, after months of uncertainty, the feeling of a bright, new dawn was palpable. For just months before that loss-making petrochemical plant had been threatened with closure amid a bitter industrial dispute during which staff had initially rejected the company’s survival plan.

    A change of heart eventually paved the way for major investment and a £230 million loan guarantee from the UK Government which meant INEOS could raise the money it needed to build one of the largest ethane storage tanks in Europe. Once built the ethylene cracker will be able to double production.

    It has been a mammoth task. But as Jim stood on the bridge of the first ‘Dragon Ship’, aptly named INEOS Ingenuity, he could not disguise his delight.

    “It’s wonderful when a plan comes together,” he said. “And it makes you feel very proud to have accomplished something that no one has ever done before.”

     

    8 minutes read Issue 10
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    A world first for INEOS

    THE North Atlantic is not a place for the fainthearted.

    It is a potentially hostile environment for any ship, let alone one that is carrying liquid ethane.

    INEOS knew that – and that is why it turned to Evergas, a world leader in gas transportation.

    On the surface, INEOS’ brief was simple. It needed a ship that would be capable of transporting huge quantities of liquefied ethane gas at -90°C more than 1,000 miles across a deep, cold ocean, plagued by icebergs, dense fog, 50ft waves and severe storms. And it had to do it more efficiently than had been ever done before.

    The answer was anything but simple. But the result was the largest, most flexible, environmentally sustainable, multi-gas carrier ever built.

    “There is not a ship like this in the world,” said Hans Weverbergh, Operations Manager at Danish shipping company Evergas. “There were no ships that had pressurised tanks that could carry this amount of ethane. It was something that had never been done before.”

    Liquid natural gas has been shipped around the world for decades. Ethane though is a different matter. It had only ever been shipped in small vessels on short routes. Crossing the Atlantic would need much bigger boats. Other companies felt it simply wasn’t viable. But INEOS saw the opportunity and had the vision to make it happen.

    “These vessels are truly unique,” said Evergas CEO Steffen Jacobsen who has worked in the shipping industry for 35 years. “No-one has ever tried to ship ethane in these quantities and over this distance before. To do this, we have had to invent completely new ways of doing things.”

    INEOS wanted the ‘Dragon Ships’ to be able to be powered by the cargo it was carrying.

    For that it turned to Finnish company Wärtsilä, which set a new standard in fuel flexibility. It designed dual-fuel engines which were capable of seamlessly switching between liquefied natural gas, ethane, light fuel oil or heavy fuel oil without any loss of power.

    “It was a technological breakthrough,” said Timo Koponen, Vice President, Flow and Gas Solutions, Wärtsilä Marine Solutions.

    If INEOS’ engines run on ethane, there will not only be more room for cargo, but the vessels will produce 25% less CO2, 99% less sulphur dioxide and meet the International Maritime Organisation’s Tier III regulations.

    Each ship is also equipped with two engines to ensure the cargo gets through no matter what.

    The ships are the biggest ever designed of its kind. In layman’s terms each is the length of two football pitches and if you removed the cargo tanks, could hold 5,750 Mini Cooper cars.

    The tanks are located in the hull of each vessel, and each is capable of holding 11 swimming pools’ worth of liquefied ethane.

    HSVA, the German-based hull design specialists employed to maximise the efficiency of these immense vessels, tested scale models of the ships in realistic environments.

    The first two ships were built in a dry dock in Qidong, near Shanghai, by Sinopacific Offshore and Engineering, one of the biggest shipbuilders in the world.

    “SOE is one of very few companies that had the skills and construction facilities to take on the building of these massively complex vessels,” said CEO/Chairman Simon Liang.

    “When I actually saw those first two ships nose to nose at the dock, I thought ‘Man, these guys know what they’re doing’,” said Chad Stephens, Range Resources’ Senior Vice President of Corporate Development, who was invited to the naming ceremony.

    It was a momentous moment too for Evergas.

    “I felt so proud of all the people involved both internally and externally, all of whom had brought these vessels to life,” said Steffen.

    The naming ceremony marked another landmark in INEOS’ $2 billion global project to bring shale gas from the USA to its manufacturing plants in Norway and Scotland.

    INEOS is the first company in the world to opt to ship shale-gas derived ethane from America where the gas has led to a manufacturing renaissance.

    6 minutes read Issue 10
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    The gift that keeps on giving

    NO ONE could have predicted how one man’s persistence would change the course of history.

    But the ripple effects of engineer Nick Steinsberger’s work in the Barnett shale gas field – where, 20 years ago, he finally discovered the perfect liquid mix to extract gas from shale two miles underground – are still being felt today, not only in America, but all over the world.

    “I don’t quite feel as if it’s down to me and initially I never thought this would happen,” he told INCH magazine from his office in Fort Worth, Texas. “At the time I was just trying to make something work. But over time, I realised the enormity of what we had achieved and it feels good to have helped to provide the world with so much cheap gas.”

    This revolution – described as the most remarkable energy success story in US history – created enormous benefits in the US. For the petrochemical industry, one of the world’s biggest consumers of gas. For manufacturing which has undergone a renaissance. For communities hardest hit by the recession. And, perhaps most surprisingly of all, for the environment.

    Twenty years ago there were 250 wells searching for shale gas and oil in the Barnett gas field; today there are more than 200,000.

    For America’s petrochemical industry, the discovery of these vast, untapped reserves of shale gas has been phenomenal.

    “US chemical investment linked to shale gas has now topped $158 billion,” said Cal Dooley, President and CEO of the American Chemistry Council.

    As of January this year, 262 projects including new factories, expansions and process changes to increase capacity, had been announced.

    The petrochemical industry needs natural gas to heat and power its manufacturing plants. But that gas is not just a fuel for energy. It is also a raw material used to make thousands of essential products that we all rely on each day. Without it, there would be no plastic, car parts, packaging, medical supplies, tyres, glass, clothes, or iPad screens.

    “That’s often forgotten when we see heated debates about the merits of continuing to use gas,” said Greet Van Eetvelde, INEOS Head of Energy and Innovation Policy. “Many components of renewables, such as the blades of wind turbines and the lubricants in their gearboxes, also cannot be made without gas and oil.”

    And shale gas is making it a lot cheaper to do it.

    “The US chemical industry renaissance is just getting started,” Kevin Swift, chief economist of the American Chemistry Council, wrote in the trade group’s Year-End 2015 Chemical Industry Situation and Outlook. “The fundamentals are strong. Key domestic end-use markets expanded, consumer spending accelerated, the job market began to firm, and households enjoyed extra savings from lower energy costs.”

    And INEOS, which has 17 manufacturing sites in the US, is sharing in that good fortune.

    Later this year INEOS and Sasol’s new plant at INEOS Battleground Manufacturing Complex at LaPorte in Texas is expected to start paying its way.

    The plant, which is a 50/50 joint venture, will be able to produce 470,000 tonnes of high density polyethylene a year for the American market. With the site expected to grow, INEOS is also poised to finalise plans to invest in a more fuel-efficient combined heat and power system which will also help to reduce CO2 emissions.

    In December The Boston Consulting Group published a report, Made In America, Again.

    “The number of companies actively moving production back to the US continues to increase,” said a spokesman. “In fact the US has surpassed China as the most likely destination for new manufacturing capacity.”

    Part of the reason is lower energy costs, driven by shale, coupled with rising wages in China.

    Apple, the world’s largest technology company, cited those reasons for its decision to manufacture its Mac Pro personal computer – described as the most powerful Mac ever built – in Texas.

    It is all so different to a decade ago when the US was among the most costly places in the world for plastics producers.

    “Today, America is one of the most attractive places in the world to invest in plastics manufacturing,” Steve Russell, ACC’s vice president of plastics, said last year. “Even after recent declines in oil prices, our nation has a decisive edge.”

    America is now looking to capitalise on all those investments and sell to the world, a move described by Cal Dooley last year as the ‘surest path to a stronger economy and new jobs’.

    Global adviser Nexant is forecasting dramatic growth in US chemical exports over the next 15 years.

    In its 2015 Fuelling Export Growth report, it suggested sales of $123 billion by 2030 – more than double what chemical manufacturers exported in 2014.

    But there is also a growing appetite among Americans for products ‘Made in the USA’.

    One who understands that is Harry Moser, a veteran of the manufacturing industry and former president of machine tool maker GF AgieCharmilles, who in 2010 founded Reshoring Initiative to help companies re-evaluate whether to come home,

    “I had watched with dismay as more and more US jobs went, at first, to Japan, then Mexico, Taiwan, Korea and finally China,” he said. “The impact on the US economy was horrible with the loss of millions of manufacturing jobs. The United States used to be the world’s industrial powerhouse, and I had grown up experiencing its glory.”

    Since he founded Reshoring Initiative, about 1,000 companies have come home, bringing with them almost 100,000 jobs.

    “I am delighted with the response of the nation and many companies,” he said. “Sadly, though, many companies are still trapped in the ‘buy at the cheapest price’ mode instead of considering the total cost. It will take decades to overcome the MBA mentality.”

    Apple’s decision to manufacture its Mac Pro in America was also part Chief Executive Officer Tim Cook’s $100 million Made-in-the-USA push.

    “We don’t want to just assemble the Mac Pro here,” he said. “We want to make the whole thing here. This is a big deal.”

    In January this year America’s oldest hatmaker Bollman announced that it was moving 41 jobs back from China to its plant in Adamstown, Pennsylvania. It had launched an appeal in November for the public’s help in raising $100,000 to import 80 knitting machines, built in 1938, that weave the fabric for its famous Kangol 504. The public took its hat off to the company’s attitude – and responded.

    “Reshoring is the fastest and most efficient way to strengthen the US economy because it demonstrates that manufacturing is a growth career,” said Harry. “And without manufacturing, a country becomes progressively poorer.”

    But it is not just industry which has benefited from low-cost feedstock and energy prices.

    Shale gas has revitalised communities, including some hardest hit by the recession.

    The Associated Petroleum Industries of Pennsylvania said natural gas development had supported hundreds of thousands of jobs in Pennsylvania, contributed $34.7 billion annually to the state economy and had boosted profits in more than 1,300 businesses of all sizes up and down the energy supply chain.

    “Safe, responsible natural gas development has been good for the state economy, good for local economies and good for Pennsylvanians,” said Executive Director Stephanie Catarino Wissman. “And we want to keep it that way.”

    At Marcus Hook, the site of a former crude oil refinery which closed in 2011 with the loss of 500 jobs, there is now a real sense of excitement.

    The former refinery, which had produced gasoline, diesel and kerosene for 109 years, is being transformed into a major centre for processing and shipping natural gas liquids thanks to its links with the Marcellus shale industry.

    “The idling of the Marcus Hook Refinery was a difficult time for the Borough of Marcus Hook, for the Sunoco family, and for the whole region,” said Hank Alexander, vice-president, business development of Sunoco Logistics Partners LP. “But now the town is buzzing again, from downtown restaurants to local contractor facilities. And some of the workers who lost their jobs in 2011 are back working at the plant.”

    Sunoco Logistics had bought the old refinery in 2013, with the intention of linking it to the Marcellus shale, which now produces almost 20% of America’s natural gas, compared to nothing 10 years ago.

    Management believed the existing infrastructure for ship, rail, truck and pipeline positioned it as a hub for natural gas liquids.

    “We wanted to develop manufacturing enterprises that would recapture jobs and help revitalise manufacturing in the region,” said Hank. “The shale gas boom had re-animated towns such as Marcus Hook.”

    Mario Giambrone owns Italiano’s restaurant in Marcus Hook. “You can talk about it anyway you like in terms of the number of hoagies and pizzas but this is a godsend for this town and my business,” he told the Pennsylvania Manufacturers’ Association.

    David Taylor is President of that association, which is the leading voice for manufacturing in Pennsylvania. “The energy sector has almost singlehandedly kept Pennsylvania’s economy afloat during the recession and over the past few years,” he said.

    Developing energy from the Marcellus shale has also turned nearby Williamsport into the seventh fastest-growing metropolitan area in America.

    Dr Vince Matteo, President and CEO of Williamsport Lycoming Chamber of Commerce and Industrial Properties Corporation, said the vast majority of people locally had embraced the shale gas boom.

    “It was a game-changer for us,” he said. “I had never seen anything like it. At one point more than 85 businesses moved to the county, which led to the opening of countless restaurants and four new hotels.”

    Meanwhile, Williston, a once sleepy town in North Dakota, suddenly became the fastest-growing small city in America due to the oil boom again with new restaurants, new shops and new faces.

    Communities also benefited from the unexpected revenue streams from companies drilling for shale gas, which allowed them to make improvements that otherwise might not have been possible.

    “Having that funding source has been a tremendous boom to us,” Lisa Cessna, the executive director of the local planning commission in Washington County, just outside Pittsburgh, told The Associated Press. “It has helped build fishing piers, playgrounds and walking trails.”

    She told the Associated Press that there had been complaints about drilling sites on public land but said the end result outweighed the negatives.

    “You can make it work,” she said. “There are going to be bumps in the road. You’re going to upset some people. We insisted on special legal language that gives us control over many aspects of the drilling process. We approve every pipeline, well pad, access road. It’s labour intensive, but it’s worth it. The most important message is to maintain full control.”

    But one of the biggest surprises of all has been the effect of shale gas on the air we breathe with America’s CO2 emissions falling to their lowest level for 20 years in 2012.

    The reason? Gas, which became the fuel of choice to generate electricity instead of coal which emits twice the CO2.

    Despite all the benefits, though, not all – even those in incredibly high places – are championing shale gas.

    “President Obama’s animosity to fossil fuels prevents him from recognising the most remarkable energy success story in US history, maybe in all of world history,” said Dr Mark Perry, a scholar at the American Enterprise Institute and professor of economics at the University of Michigan. “But we need a president who will acknowledge it.”

    Dr Perry said shale oil had:

    Significantly reduced America’s dependence on foreign oil and petroleum from often unstable parts of the world.

    Helped to bring down gasoline prices and prevented the Great Recession from being even worse and lasting much longer.

    “Domestic energy production creates US jobs and generates royalties for landowners and tax revenues for the governments, state, local and federal,” he said. “And the drop in US gas prices to a seven-year low will save American consumers more than $100 billion in lower energy costs this year.

    8 minutes read Issue 10
  • P16 -the $64 question.jpg

    The $64,000 question

    FOR an atheist, Professor Peter Atkins has a great deal of faith.

    But his faith lies not in God, but in the chemical industry. And the important contribution it can make to today’s and tomorrow’s world.

    “Without the chemical industry, the world would lack colour,” he said. “We would live in Stone Age conditions, underfed, dressed in skins, without the many devices that ease our lives and entertain us. Our lives would be short and painful.”

    The retired chemistry professor from Oxford University in the UK says chemistry is hugely important for all of us.

    Its problem is that it is often misunderstood.

    “Most people know absolutely nothing about how the everyday products they use are made,” said Lawrence D. Sloan, President and CEO, Society of Chemical Manufacturers and Affiliates. “And having been a part of the chemical industry my entire professional life, it is extremely frustrating.”

    The petrochemical industry converts raw materials such as water, oil, natural gas, air, metals, and minerals into more valuable products that manufacturers then use to make – in essence – all the products we want, need and use every day. To put it into context, over 96% of everything made in the world is based on chemicals.

    But part of the problem for the chemical industry is that the public doesn’t view it as one of the most important industries in the world – and that’s a perception that must change.

    “How that can be changed remains the $64,000 question,” said Lawrence. “Our organisation, and others like it, has a major PR challenge to regularly ‘educate to advocate’ our elected officials so they understand the critical impact our industry has on society. Because not one industry contributes as much as we do to the modern world.”

    He described the chemical industry as the ‘unsung hero’.

    “Too many feel the industry bears no responsibility for the health and welfare of its employees or for the environment,” he said. “But it’s foolhardy to think the industry wants to inflict harm on itself just to try to increase its margins by an incremental percentage point or two.”

    At the Annual Dinner of the Chemical Industries Association, INEOS Communications Director Tom Crotty told delegates: “If government is genuinely committed to a manufacturing resurgence they need to understand that a thriving chemical industry is vital.”

    For it is the chemical industry’s products and technologies that are used to make everything from paints to plastics, textiles to technology, and medicines to mobile phones.

    But as an energy-intensive industry, it needs access to competitively-priced energy supplies if it is to survive.

    That is not a problem in America which is currently enjoying a manufacturing renaissance thanks to the abundant supplies of low-cost shale gas, which have driven down the cost of the raw materials that manufacturers need.

    But it is for Europe where energy costs are spiralling out of control, leaving manufacturers struggling to compete in global markets.

    Tom, who is also President of the CIA, said Britain urgently needed to address its energy base if it wanted a thriving UK chemical industry.

    During a recent survey of the UK’s glass and glazing industry by Pilkingtons UK, the rising cost of materials – due to energy costs – emerged as the ‘greatest obstacle’ currently facing their businesses. And it was, they said, their biggest challenge over the next two years.

    The importance of the chemical industry, which supplies raw materials to manufacturers, therefore cannot be underestimated. The two are linked inextricably. And it is very often where innovation starts.

    “Folks take for granted the incredible scientific discoveries the specialty chemical industry continues to make to help create the electronics, life-saving drugs, and smart energy homes we have come to enjoy and depend upon,” said Lawrence.

    INEOS, which employs 17,000 people at 65 sites in 16 countries, is proud of what it does to make people’s lives easier and more comfortable.

    It alone makes:

    Solvents that are used in the production of insulin and antibiotics.

    Efficient and effective biofuels to improve the sustainability of modern transport.

    Chlorine to purify drinking water.

    Synthetic oils that help to reduce CO2 emissions.

    Modern, strong but lightweight plastics to package, protect and preserve food and drink.

    Materials to insulate houses, offices, electrical and telecommunications cables.

    Products that have helped car manufacturers to make cars stronger and lighter and more fuel efficient, which have again helped to reduce CO2 emissions.

    The list goes on – as does the work behind the scenes to seek innovative solutions to many of the challenges facing society today.

    “Chemical products and technologies are used in almost every area of the world economy,” said a spokesman for International Congress and Convention Association (ICCA), the worldwide voice of the chemical industry. “And as the global economy grows, it will increase the demand for the chemical industry’s products. This growth drives product innovation, and the industry creates new products every year while striving to improve production processes and use resources more efficiently.”

    In 2014, American Chemistry invested $59 billion in research and development, the equivalent of more than $185 per person in the United States.

    “We invest more to innovate than the electronic, automobile, and healthcare industries,” said Cal Dooley, CEO and President of the American Chemistry Council. “The business of chemistry excels at continuously bringing new, imaginative and innovative ideas to market— and tomorrow will be no different.”

    The American Chemistry Council says, though, for its chemical industry to continue its ground-breaking work, the US must also adopt an energy strategy that takes advantage of its home-grown energy resources, including its vast reserves of shale gas.

    It is a view shared by Steve Elliott, Chief Executive of the CIA.

    He wants Britain’s $50 billion chemical industry to take advantage of the energy under its feet rather than rely on imported gas.

    “The UK’s own shale reserves will contribute to more secure gas supplies and support jobs and growth,” he said. “Without this, gas imports are projected to reach 75% of needs by 2030. UK shale gas will help to keep the lights on while the UK makes its transition to a green economy.”

    As one of the world’s largest industries – in 2014 its revenues exceeded $5.4 trillion – the chemical industry has a profound effect on the world we live in and will do in the future as society strives to create a healthier, safer and more sustainable world.

    “Unfortunately, the word ‘green’ means different things to people,” said Lawrence. “Some may feel that no chemical plant is ‘green’ by nature of the fact that it is handling chemicals, which in their minds is bad.”

    The chemical industry knows that it needs to change the public’s perception if it wants them to understand where the industry fits into modern life.

    “Strong, competitive chemical industries underpin all great manufacturing nations in the developed world because chemicals and materials are the essential component on which manufacturing is built,” said Steve. “Without its processes and ‘building block’ products, most of the rest of manufacturing could not take place.”

    He said although the industry was energy-intensive, its products, in their lifetime, saved more than twice the energy it took to make them.

    “We are delivering the green future,” he said.

    7 minutes read Issue 10
  • P18 troubled times.jpg

    Troubled Times

    FOR a nation that blazed the path to industrialisation and mass production in the 18th and 19th centuries, the truth is hard to bear.

    For the first time ever, the UK’s manufacturing share of the UK economy fell to 9.4% – the lowest point on record.

    For INEOS Founder and Chairman Jim Ratcliffe, who grew up in the industrial North of England, it troubles him greatly.

    “We are watching the slow death of manufacturing in this country,” he said. “We have lost half of our manufacturing in a single generation.”

    Twenty years ago, he said, it was on a par with Germany where manufacturing is still strong.

    “This seismic shift in UK manufacturing may seem like a minor tremor in ‘services rich’ London, and much of the southern counties, but it is a catastrophe in slow motion in many parts of the North of England, Wales and Scotland,” he said.

    In October last year the Redcar steelworks on Teesside shut down with the loss of 2,200 jobs after Sahaviriya Steel Industries UK, the plant’s Thai owners, went into liquidation. Labour MP Anna Turley described it in The Northern Echo newspaper as a ‘human and industrial tragedy’.

    “Steelmaking is finished on Teesside,” said one man who had worked at the plant for 30 years.

    In the 1970s, more than 200,000 people worked in the UK steel industry. Today there are about 30,000 but their jobs are no longer safe.

    In January more job cuts were announced. Tata Steel confirmed 750 job losses at Port Talbot in Wales with hundreds of others facing the axe at its plants in Scunthorpe, Trostre, Corby and Hartlepool. A flood of cheap Chinese imports – steel production is subsidised in China – the strength of the British pound, and high energy costs in the UK have been blamed.

    Whatever the reason, it’s a worrying trend.

    “If we want to arrest the decline in manufacturing, or even return to growth, we need to give corporations reasons to invest in Britain,” said Jim. “We need competitivelypriced energy, a skilled workforce, attractive taxes and a government that wants to make it happen.”

    He said Britain needed what the marketing men called USPs – unique selling points.

    “Germany has them,” he said. “It has a highly skilled workforce, it is seated in the heart of Europe and it has great manufacturing infrastructure and competent suppliers. America has cheap energy thanks to shale gas, a skilled workforce and the world’s largest market. China has growth, cheap labour and a huge market.”

    It is not the first time Jim has spoken out about Britain’s failure to sell itself to investors.

    Three years ago he warned that Britain was not an attractive place to manufacture. In an interview with Alistair Osborne, The Daily Telegraph’s business editor, he cited the high price of energy. And understandably so, given that INEOS’ Runcorn plant, which provides the chlorine for 95% of Britain’s water, consumes as much energy as the city of Liverpool.

    He said the UK had to look at what it had to offer if it wanted to understand why it had fallen so woefully behind the pack.

    “It would be nice if there was a simple crisp answer but there is not,” he said. “To maintain or grow manufacturing, one needs a constant stream of investment as plants grow old and products grow old. New plants and new products need investment.”

    Britain, he said, needed cheap or at least competitively-priced energy.

    “We cannot offer that at the moment. And, with the North Sea running out of gas, the position is likely to get worse,” he said. “But we are sitting on huge shale gas deposits which could change everything.”

    In the 18th century, Britain built its wealth on its coal reserves which were abundant and easily mined. And it triggered the Industrial Revolution, with Britain very much at the forefront of change.

    Access to cheap energy, though, is not the only thing worrying the UK’s manufacturing industry today.

    Jim also highlighted the need for a skilled workforce.

    “We used to have excellent apprenticeship schemes, Polytechnics and Technical Colleges,” he said. “But government decided all young people needed to become graduates.”

    That concern is shared by many. A recent survey of British manufacturers – published in the Annual Manufacturing Report 2016 – shows the shortage of skills remains their greatest fear.

    “To put it bluntly, our education system is failing our youngsters and, consequently, creating problems for industry,” said Callum Bentley, Editor of The Manufacturer.

    “No one expects a fresh-faced youngster will have the skills and experience of a veteran but this is about being poorly prepared for work and it has been going on for decades,” he said. “The longer it continues the more it will compromise our competitiveness. The gap in understanding between schools and workplaces must be bridged, for the sake of our manufacturing base and for our people themselves.”

    Jim said it had been ‘uplifting’ to hear talk of a Northern Powerhouse – a Government initiative to redress the North-South economic imbalance – and described the current UK Conservative government as the most pro-manufacturing for many years.

    But, he said, to actually make a difference, Britain needed to attract investors.

    “Investors can afford to be very ‘picky’ in today’s highly competitive world,” he said. “INEOS has chosen to invest much of its capital in the USA. Many other companies have chosen the Far East.”

    Jim called on the British Government to offer 100% capital allowances for manufacturing capital expenditure and a single digit tax rate for manufacturing.

    “In today’s globalised world investment decisions are always compared and contrasted with alternative locations abroad. The UK is not currently a target for manufacturing investment because it lacks USPs. It needs some.”

    Late last year ResPublica, an independent, nonpartisan think tank based in Westminster, said a huge increase in exports was needed to revitalise British manufacturing and move the economy away from a ‘dangerous reliance on service industries’.

    Director Phillip Bond said foreigners buying UK property had driven up the value of the pound, making life harder for manufacturers to export.

    “The recent collapse of the British steel industry has highlighted the worrying fact that our economy is over-reliant on services and external finance,” he said. “Growth needs to come from the long-neglected manufacturing sector where exports have been hit by a strong pound. Sterling has a key role to play in helping exports and we need to address the problem of unfavourable exchange rates for British business.”

    One who would agree with this is Jim.

    “Any balanced economy needs to reflect to some extent the manner in which its inhabitants spend the money in their pockets. If the inhabitants buy ‘things’ with their earnings, we need to make ‘things’ in our domestic economy. If not we have to bring all manufactured goods in from overseas and pay for them in foreign currency.”

    BRITAIN MUST RE-INDUSTRIALISE

    A FORMER journalist on the Financial Times said INEOS Chairman Jim Ratcliffe was right to be concerned about the state of manufacturing in the UK.

    Peter Marsh said both the steel industry and the chemical industry had faced extreme problems.

    “De-industrialisation – manufacturing’s shrinking share of the UK’s economic output – has gone far enough,” he said. “If we are to have sustainable economic growth and higher living standards, Britain must re-industrialise.”

    But Mr Marsh, a former manufacturing editor on the FT, said although Britain had lost ground, it was still a big manufacturer of niche products, such as specialist analytical instruments, and goods which it didn’t make sense to import.

    “That can be anything from foodstuffs to mattresses and building materials,” he said.

    According to the latest UN figures, Britain is the 10th biggest manufacturer in the world, making just under 2% of the world’s manufactured goods – compared to 1895 when it made 18% of all goods.

    “Britain is not anything like as big as it was but for a country with 1 per cent of the global population it still punches above its weight,” he said. “China has come from a lowly position in the past 20 years and now is responsible for about 20% of total factory made goods. But it does have 20% of the world population.”

    Mr Marsh is now a lecturer and author of The New Industrial Revolution: Consumers Globalization and the End of Mass Production. He also recently set up a website for UK manufacturing www.madeherenow.com

    10 minutes read Issue 10
  • P20 keeping the lights on.jpg

    Keeping the lights on: INEOS seeks to dispel shale gas myths

    INEOS is now one of the biggest companies in the UK’s shale gas industry.

    But it knows it is easy to be the biggest.

    It’s quite another to be the best and the most trusted.

    With trust in big business, banks and politicians now at an all-time low, it has never been more important to win back the respect of the people.

    In April last year INEOS Shale, which now has government licences to explore one million acres in the UK for shale gas, began its quest to show communities that its intentions are honourable.

    “We are in this for the long-term,” said CEO Gary Haywood. “It’s not just about making money. We want to help lead a manufacturing renaissance in Britain and we believe an indigenous shale gas industry can do that.”

    It has already begun talking to communities in Scotland where it has licences to explore thousands of acres close to its manufacturing plant in Grangemouth.

    But as it waits for Scotland to lift its current ban on fracking, pending further inquiries, INEOS Shale has moved south – into England – where it hopes to convince people in Cheshire, Yorkshire, Derbyshire and the East Midlands of the benefits that a domestic shale gas industry could bring.

    “We understand that people in these areas are concerned,” said Gary. “And that is partly because there are so many myths about shale gas extraction. But we want to show that this can be done well and safely, and we want to meet the people in areas where we hold licences.”

    Exhibitions are being arranged to allow local people the opportunity to talk directly to INEOS – and ask any questions – about what it plans to do near their homes.

    INEOS Shale has also produced a series of films to dispel fears that people may have. They will be screened at the exhibitions where experts will explain what it means for communities which have been promised 6% of shale gas revenues by INEOS to improve local facilities.

    As INCH went to press, INEOS was planning thorough 2D and 3D studies of the rock in each county to check whether gas is present and accessible. If the results from that look promising, permission will be sought to drill 600ft vertical wells to take three-inch wide core samples of the rock to access the quality and quantity of oil and gas in the shale.

    “It is effectively like coring an apple,” said Tom Pickering, Operations Director INEOS Upstream. “It’s a cautious approach, led by science, but it is important that we get it right.”

    Once INEOS has all the detailed data it needs, a decision will be made whether it is economically sound – and safe – to frack the well using 98% water, 1.5% sand and 0.5% additives, which will prevent the build-up of scale and sterilise the well.

    “Some people say that 600 poisonous chemicals are used in fracking but that is just not true,” said Tom. “Most wells require between six and 12 chemicals. All chemicals used will have to be described openly in planning applications and permits.”

    INEOS Shale knows that its decision to pursue shale gas exploration has set it on a collision course with environmentalists who claim fracking is dangerous, causes earthquakes, poisons drinking water and affects the air we breathe.

    But the company has never been one to run from a challenging situation especially when it believes there is a strong economic and environmental case.

    “A home-grown thriving shale gas industry will not only revolutionise manufacturing in Britain, but it will give the UK energy security for the first time in many years and create thousands of jobs in areas which have been hit hardest,” said Gary. “If we can do that and reassure people that the industry can operate without long-term damage to the environment or their way of life, it’s a win-win situation for all.”

    Professor Peter Styles, one of three experts commissioned by the UK Government in 2011 to write an independent report after fracking by another company caused minor tremors in Lancashire, believes Britain’s long-term future depends on the vast reserves of shale gas buried deep beneath the ground.

    “I don’t think people realise how extremely vulnerable we are in the UK,” he said. “At the moment about 80% of UK domestic heating and cooking is gas and we import half of it. Some of it comes from Norway, which is probably all right, but a lot of it comes from Siberia which has not been the most secure form of supply over the years.”

    In January 2009, a dispute between Ukraine and Russia over natural gas prices led to deliveries to a number of European countries being cut off entirely.

    “We were down to two days’ supply,” he said. “And when that happens, companies like INEOS ChlorVinyls in Runcorn, which is the third biggest user of gas in Britain, get switched off to protect the domestic supplies.”

    INEOS not only uses gas, though, to heat and power its manufacturing plants. Gas is also a vital raw material used to make thousands of essential products that we all rely on each day. Without it, there would be no plastic, medicines, buildings, cars, computers, clothes, or iPad screens.

    “That’s often forgotten when we see heated debates about the merits of continuing to use fossil fuels,” said Greet Van Eetvelde, INEOS Manager of Cleantech Initiatives. “Many renewables, such as the important components in wind turbines and solar panels, cannot be made without gas. We will still need gas to make things even when we have switched to a low-carbon energy.”

    INEOS Shale, which holds more licences than any other company in the UK, believes most people are open-minded about shale gas development.

    “That is all we want,” said Tom. “We are not complacent. We do understand people’s concerns but many of the things people may have read about shale gas simply aren’t true. We are happy to be challenged if people think we are wrong. Understandably, they just want more information. And that is what we hope to provide at these meetings.”

    It will be an uphill battle because the anti-fracking groups have hijacked social media.

    But INEOS hopes to show that he who shouts the loudest, isn’t necessarily the most knowledgeable.

    WHY INEOS IS THE RIGHT COMPANY TO EXTRACT SHALE GAS IN THE UK

    FEW companies come with as much expertise as INEOS.

    In addition to its expertise above ground, handling flammable gases across its 65 manufacturing sites all over the world, the company also has expertise below ground.

    In November, INEOS acquired gas platforms in the North Sea – and, with them, a team of drilling experts who already supply enough gas to heat one in 10 homes in the UK.

    INEOS also employs the team who pioneered the development of shale gas in the US with more than 20 years of industry experience.

    Chairman Jim Ratcliffe said he could not understand why it was still so hard to convince people that shale gas extraction was safe.

    “There is such a wealth of experience of drilling and fracking for shale in North America that it should have dispelled all the concerns and ghosts,” he said. “In America they have now drilled and fracked in excess of one million wells over the past 10 years and it has produced an immense amount of hydrocarbons.”

    MISTAKES were made in the early days of shale gas exploration in America.

    Faulty well construction led to water contamination and waste water from fracked oil wells was left in open, unlined pits.

    “We have studied all of these cases to ensure we do things differently,” said Tom Pickering, Chief Operating Officer of INEOS Shale.

    Some US companies had used only one layer of steel in the well.

    INEOS will be using up to four layers of steel cemented one inside the other.

    Other companies had reused old wells. INEOS will use only new wells.

    The waste water was left in open ponds.

    INEOS’ waste water will be enclosed in double skinned storage tanks before being recycled.

    “It is important to acknowledge that there have been some issues but they happened in the early days of shale gas exploration in America and we don’t live in America,” said Tom. “This is the UK where we have one of the most rigorous regulatory regimes in the world.”

    Having reviewed the available evidence, the Royal Society and Royal Academy of Engineering have concluded that shale gas can be extracted safely with appropriate regulation. Extracting shale gas is not risk free and has to be done carefully, but the risks are manageable and comparable to other practices.

    12 minutes read Issue 10
  • P22 EXPERTISE COMES TO THE SURFACE.jpg

    Expertise comes to the surface

    INEOS Upstream may be INEOS’ newest business.

    But the people driving its new energy business are not new to fracking. On or off shore.

    On shore, INEOS is working with the three Americans who pioneered the development of shale gas in the US which has led to a manufacturing renaissance.

    Off shore, they have acquired a team who has been drilling and fracking safely for natural gas for years.

    All are confident that INEOS – with its expertise above ground, handling flammable gases across its 65 manufacturing sites – can become the first company in the UK to safely extract the vast reserves of shale gas currently trapped in rocks thousands of feet underground – and, in doing so, change public perception.

    “We think we can bring something unique to the emerging shale gas industry,” said Tom Pickering, INEOS Shale’s Chief Operating Officer who worked on a North Sea oil rig for years.

    Doug Scott is head of drilling at INEOS Breagh, a subsidiary of INEOS Upstream.

    “We have been one of the most active exploiters of fracking in tight sandstone gas fields in the southern North Sea over the past four years,” he said. “We have used the technique to get the gas out quicker and to access gas that was previously uneconomical to extract.”

    Shale gas is the same as North Sea gas. They are both natural gas. The only difference is the North Sea gas is extracted from sandstone situated around 3km (almost 2 miles) under the seabed and on shore INEOS would be extracting it from shale up to 5km (3 miles) underground.

    Doug and his team had – up until October – been working for DEA. That changed when INEOS bought the German firm for several hundred million dollars, and, with it, the responsibility for ensuring the supply of gas for 1 in 10 homes across the UK.

    INEOS Breagh operates four platforms in the southern North Sea and owns interest in 16 exploration licences.

    INEOS’ decision to buy – when all around seemed to be selling – has been seen as a ground-breaking move into the energy sector.

    Where others saw troubled waters – brought on by rising costs and plummeting profits – INEOS saw a huge wave of opportunity.

    That opportunity to acquire an immense amount of expertise – while improving the life and efficiency of these platforms without compromising on safety – was too good to miss.

    To help grow the business, INEOS will be relying on its new team of geologists, geophysicists and well construction experts who are now working for INEOS Breagh.

    The new team work well with INEOS Group because they share a similar ethos.

    “Safety and efficiency are paramount to us,” said Doug. “The design and planning work we did before we fracked our very first well was critical to its success and it cannot be overestimated. The time you spend to get everything right pays dividends during the operational phase.”

    He said the plans – and contingencies agreed in the event of something going wrong - ensured the team could manage the inherent uncertainties of drilling and fracking wells.

    “As always during the operational phase, in the event that operational progress conflicts with safety, safety always takes priority,” he said.

    Doug said safe and efficient operations relied on team competency and effective communication between those operating the rig, the frack vessel and the platform.

    At INEOS Breagh they fitted essentially a filter in the well to stop the proppant (primarily the sand) from reaching the surface during gas production. It meant the fracked well could be put on line 12 months ahead of an alternative technical solution being found.

    “The downhole screens were a first for fracked wells in the UK’s continental shelf in the southern North Sea,” said Doug. “But this simple technology potentially opens up all sorts of opportunities for our future fracked gas field developments.”

    And at Clipper South they sold the clean-up gas from the well instead of flaring it.

    “That was a first for us as well,” said Doug. “It took an enormous amount of effort and collaboration within the organisation to integrate the safety and productions systems, but by doing that, we not only captured about 300 tonnes of CO2 but it also created £4.3 million in revenue from the sales gas.”

    The platforms, which INEOS inherited as part of the deal, are relatively new, well managed and remotely controlled.

    “That was part of the appeal,” said Geir Tuft, CEO of INEOS Breagh.

    As INEOS moves further into the energy business, INEOS Shale will be hoping to learn valuable lessons from the team at INEOS Breagh.

    “We will be looking to take advantage of the new family ties in all areas by sharing resources and experiences,” said Geir.

    Since the acquisition, he has been working on a robust plan to improve the efficiency of the business, especially in light of falling oil and gas prices.

    Three years ago oil was selling at $110 a barrel; today it is below $40.

    “We need to be able to manage reduced cash flows to ensure the business is robust in all conditions,” he said.

    6 minutes read Issue 10
  • P24 EVEREST.jpg

    Everest. INEOS on top of the world

    IT’S hard to come down to earth when you have stood on the roof of the world.

    One who knows that from experience is Rhys Jones who conquered Mount Everest, the world’s highest mountain, on his 20th birthday.

    He had dreamed of that moment for eight years after listening to a talk as a 12-year-old Scout. In a sense, his work was now done and he had no desire to climb it again.

    “Once was enough for many reasons,” he said. “But in many ways I guess I never really came down. I can relive any part of the climb any time I close my eyes. It’s something I will never forget.”

    A few years ago, Rhys, who now runs his own luxury expedition company with his wife Laura, was asked to lead an expedition into the ‘death zone’ and on to the summit of Mount Everest.

    “I said ‘no’ because I couldn’t put a price on that experience,” he said. “You really have to want it to endure the hardship and danger, and I’m not sure that a pay cheque would drive me enough for that.”

    It was, however, a ‘pay cheque’ that got him there in 2006.

    “I don’t know what made me approach INEOS all those years ago for funding,” he said. “It was just chance research. But I had spread the net far and wide writing to sponsors, including Stannah Stairlifts which gave me £100.”

    He was on the verge of giving up when INEOS chairman Jim Ratcliffe agreed to meet the then 19-year-old. After an hour-long meeting Rhys walked out of the door with the money he needed to complete the expedition in his pocket – and an INEOS flag to plant on the summit.

    “I would not have been able to do it without INEOS’ help,” he said. “It was all the money I needed but it also meant much more to me. It was a huge boost to my confidence that Jim believed in me and it’s what pushed me to keep going on the mountain. I vividly remember taking the final steps to the summit a few months later, and having an overriding thought that I’d promised Jim a photograph of the INEOS flag on the top.”

    Rhys returned to the UK with a confidence and dogged determination. But he sensed something was missing.

    “It had been a target for so long that I missed having that goal to strive for,” he said.

    He started giving regular talks at dinners and events and working with schools.

    “I felt it was important to explain to children that I was very average when I set myself these goals,” he said. “I wasn’t a high flier. I was one of the 80% of students who turn up, do the minimum work to avoid trouble, and go home again. I was very anonymous, and couldn’t wait for the weekends when I could go climbing. But I was able to make things happen because I had the right approach.”

    He recalled how surprised his teachers were when he climbed Denali, the highest peak in North America, 12 months after sitting his GCSEs.

    “In one of my old school reports I had been advised to work on my fitness so that I could enjoy my PE lessons more,” he said. “No wonder they were surprised.”

    He also led expeditions for travel companies and charities.

    “It was fun but I always felt like I was short changing myself by working for a middle man,” he said.

    So he quit and set up his first company RJ7 Expeditions from an office in Dubai in the Middle East.

    He is now back in the UK and heading up new venture Monix Adventures, which specialises in guiding people to some of the most difficultto- reach places on earth.

    And for those seeking such thrills, his experience is invaluable.

    “I’ve had some low ebbs on expeditions,” he said. “I fell into a crevasse in Greenland and broke my arm. But we all face challenges in our lives. When things are tough, I remind myself that nothing last forever, no matter how steep, how complicated, or how difficult it appears.”

    As for the INEOS flag, which he unravelled during the five minutes he spent on the 29,035ft summit on May 17 2006, he hopes that it’s in an INEOS office somewhere in the world.

    “Who knows, seeing that may inspire someone else to follow in my footsteps,” he said.

    7 minutes read Issue 10
  • P26 DO WE NEED GAS.jpg

    Debate: Do we need gas?

    ENERGY strategy in Britain has three big goals; keeping the lights on, keeping the bills down, and moving to a clean energy future. We need to meet the UK’s demand for energy, using clean and low carbon energy sources if we are to continue to combat climate change and grow the economy. But this isn’t something which will simply happen overnight. It will take time as we start to move to more renewable and low carbon energy sources. Moving from coal to gas would make a huge contribution to reducing our carbon footprint, and is the ‘bridge’ we need for many years to come. The anti-fracking lobby seem to think there is a bottomless pit of bill-payers’ money to fund renewable energy generation. There isn’t, and even if there was, we would still need gas – as a reliable source of electricity when the sun doesn’t shine or the wind doesn’t blow.

    Andrea Leadsom, Energy and Climate Change Minister, UK Government

    THE pursuit of shale gas is a fool’s errand when renewables can deliver what’s needed for an energy revolution. This is especially true for the 1.3 billion globally who lack any access to electricity, and for those who live ‘off-grid’ who need decentralised and locally appropriate technologies, but it’s also true for energy systems in the global North. Like new coal and new nuclear power, investment in unconventional gas is a serious distraction from badly-needed investment in renewable energy. There has been some research from the US which indicates that extracting shale gas via fracking could have a bigger total greenhouse gas footprint than coal. Apart from the climate impacts, gas extraction is the source of serious environmental and social conflicts around the world. Development of gas pipelines and infrastructure drive land grabbing and we believe threatens water resources and biodiversity in many places. Furthermore, we believe there are significant risks of water contamination and air pollution from fracking.

    Friends of the Earth International

    IT is incontrovertible that in the long-term we must move to as low carbon as practicable technologies but the tools for this (carbon capture and storage and renewable energy technologies) are not currently ready to satisfy global energy demand and poverty alleviation needs and some may never be economical or implementable. Shale gas has the potential, if managed and regulated with diligence and authority, to provide some of the necessary reduction in CO2 while delivering energy to a rapidly growing but carbon-constrained world.

    Professor Peter Styles, a British geologist and professor of Applied and Environmental Geophysics at Keele University

    ALTERNATIVE sources of energy can become a satisfactory substitute for fossil fuels if we put as much effort and genius in the effort as we did in producing the first atomic bomb. The most satisfactory single alternative would be hydrogen fusion but that quasi-miracle may be beyond our capability. We may discover that wind, solar, biomass, etc., all piled on top of each other, may have to do, but their success may turn out to require an effort that started a generation ago. Essential to any and all success is the realisation on our part that we may be able to do anything, which includes fail.

    Alfred W. Crosby, Professor Emeritus of History, Geography, and American Studies at the University of Texas

    FOR the past four months, natural gas, which is cleaner than coal, has generated the largest share of America’s electricity. But some, including the US Environmental Protection Agency, believe it’s already time to begin replacing natural gas with wind and solar energy. These renewables are growing, but from a very small base, and only with billions of dollars of taxpayer subsidies. Wind and solar have other issues: the wind does not always blow nor the sun shine. So, renewables need backup energy, mostly from natural gas. Instead of relying on government mandates to transform our energy sector, let’s allow the marketplace to work. America’s huge, low-cost supply of natural gas is the product of innovation and entrepreneurship. This American form of problem-solving has produced a market-competitive solution to help us turn the corner on energy costs and emissions which are now at their lowest level for 27 years. No other country has been able to replicate this American success story. Of course, many renewable energy advocates would like to see us abandon market principles altogether. But if we do, we not only drive up energy prices, but slow the pace of innovation.

    Dr J Winston Porter, former EPA assistant administrator in Washington DC. He is now an energy and environmental consultant, based in Savannah, Georgia, USA

    FOR more than a year the Task Force on Shale Gas has explored the potential impacts, positive and negative, of creating a shale gas industry in the UK. In December we published our final recommendations. We are convinced that gas is required as part of the UK’s energy mix for the short and medium term. It is simply not feasible to create a renewables industry that can meet all our energy needs in the short term. Gas represents an environmentally cleaner alternative to coal. The adverse climate impact of shale gas is similar to conventional gas and less than LNG. Our conclusion from all the evidence we have gathered over the past year is clear. The risk from shale gas to the local environment or to public health is no greater than that associated with comparable industries provided, as with all industrial works, that operators follow best practice.

    Lord Chris Smith, Chairman, Task Force on Shale Gas to UK Government

    THE International Energy Agency sees renewables providing an ever-greater share of the global energy supply, but fossil fuels are not going away soon. In the central scenario of our flagship World Energy Outlook, global energy demand rises about one third by 2040. Renewables will contribute to that surge, to be sure, but so will natural gas: in fact, under all WEO scenarios, gas has at least a one fourth share of global energy in 2040. Shale gas has increased the shift of some electricity generation from coal, and further development of natural gas, along with renewables, is critical to a diverse, secure and sustainable energy supply in the coming decades.

    Laszlo Varro, Chief Economist, The International Energy Agency

    THE US experiment with shale gas has shown that, given the right resources and massive drilling efforts, significant amounts of natural gas can be produced. However, it has also shown that production tends to be short-term (wells deplete rapidly), that resources vary greatly in quality (only the ‘sweet spots’ are profitable), that water and air pollution can result from drilling, and that methane leaks erase any climate benefit of shale gas over coal. In contrast, renewable energy resources represent the future of energy – with declining costs and far lower environmental impacts.

    Richard Heinberg, Senior Fellow, Post Carbon Institute

    WE want to be very clear: solar cells, wind turbines, and biomass-for-energy plantations can never replace even a small fraction of the highly reliable, 24-hoursa- day, 365-days-a-year, nuclear, fossil, and hydroelectric power stations. Claims to the contrary are popular, but irresponsible. We live in a hydrocarbon-limited world, generate too much CO2, and major hydropower opportunities have been exhausted worldwide.

    Tad W. Patzek, Chairman of the Petroleum and Geosystems Engineering Department at the University of Texas at Austin

    PRESIDENT Barack Obama’s Clean Power Plan is a regulation designed by the Environmental Protection Agency to reduce US power sector CO2 emissions 32% below 2005 levels. Because each state has a unique energy mix, the Clean Power Plan sets state-specific reduction goals and provides the flexibility to meet them through individual compliance plans. No matter how states choose to implement the plan, it is well understood that natural gas is the most cost-effective way to advance our clean energy goals while ensuring continued economic growth. That is why natural gas will continue to be an essential component of how America produces energy for years to come. In fact, the Energy Information Administration reported that in April power sector carbon emissions had reached the lowest level since 1988. Not coincidentally, April was the first time in history that natural gas overtook coal as the number one fuel source for electricity.

    America’s National Gas Alliance

    7 minutes read Issue 10
  • P27 THE DAILY MILE.jpg

    The Daily Mile gains ground

    A FORMER headteacher’s vision to get every child in every school in the UK running a mile for fun every day has turned a corner – thanks, in part, to the GO Run For Fun Foundation.

    Four years ago Elaine Wyllie’s primary school in Stirling, Scotland, was the only UK school running what she christened The Daily Mile.

    But today her campaign to produce a healthier and leaner generation has been formally endorsed by the Scottish Government for all its primary schools – and more schools from all corners of the UK are signing up every day.

    “We are working to build a national network and already, we know from social media of hundreds of schools that are picking it up,” said Ursula Heath, Group Communications Officer, who also works with GO Run For Fun Foundation.

    “We are working with Elaine and our GO Run For Fun network to turn it into a national programme,” said Ursula. “It’s hugely exciting to see this take off, and to know that we are working towards improving the health and wellbeing of the UK’s children for years to come.”

    Elaine, who is now retired, is working to encourage more headteachers to get involved.

    “It’s ultimately the headteachers who lead the adoption of The Daily Mile, and Elaine’s stellar teaching CV and passion for her cause inspire others to embrace the initiative,” said Ursula.

    On March 17, The Daily Mile Foundation was officially launched at Hallfield Primary School in Westminster, London, supported by the GO Run For Fun Foundation.

    “Our dream is that one day every child in the UK will have the chance to run daily at school,” said Ursula.

    The immediate hope is that the British Government will also see the benefits of incorporating The Daily Mile into the national school curriculum as a way of helping to tackle the UK’s growing obesity crisis.

    It is believed one in three children in the UK are now classed as overweight or obese.

    “We think this campaign can make a huge difference in addressing that problem,” said Ursula.

    Visit The Daily Mile Website at: www.thedailymile.co.uk. Also follow the campaign on Twitter @thedailymile and Facebook www.facebook.com/thedailymileforschools

    Video

    The Daily Mile Launch at Hallfield Primary, 17th March 2016

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    6 minutes read Issue 10
  • P28 RUNAWAY SUCCESS.jpg

    Runaway success

    A WORLDWIDE campaign to get children up and running has found a permanent foothold in America.

    Reaction to GO Run For Fun’s inaugural events in Texas last year was so positive that the UK-based organisation has set up a dedicated team to host the runs in the US.

    This year the US team hopes to persuade 10,000 children from 17 schools to take part in one of the 34 runs in the Houston area.

    “That’s our target but we could easily do 20,000 this year because the demand is there,” said Kathryn Shuler, Manager of Community Relations and Special Projects at INEOS Olefins & Polymers USA. “But this will be our first official year and we need to make sure we can deliver the high-quality programme that everyone expects from GO Run For Fun.”

    The US team will also be charged taking the campaign to Chicago close to INEOS’ Styrolution and Technologies sites.

    Almost one in five high school students in Texas are now classed as overweight. But GO Run For Fun is already helping to address that. Karla Klyng, the assistant principal at Alvin Elementary School in Alvin, Texas, told INEOS that 155 children – instead of the expected 65 – joined its Mighty Milers after-school running club after taking part in a GO Run For Fun event last year.

    “The kids cannot wait to do GO Run For Fun again this year,” she said.

    GO Run For Fun was founded in the UK by INEOS chairman Jim Ratcliffe, a keen runner himself who wanted to encourage children to run for fun – and get fit at the same time.

    It has already been making inroads in the UK and mainland Europe where thousands of children have taken part in one of the hundreds of short distance running events. And now America, which knows it has a weight problem, is following in its footsteps.

    “Fast food restaurants now list calorie counts for their menu items, and there’s focus at the government level that kids need 60 minutes of exercise every day,” said Kathryn.

    But food is not the only problem weighing heavily on the minds of PE teachers in the US.

    “They say video games are also a dangerous distraction,” said Kathryn.

    Mary Meyer, a PE teacher at Longfellow Elementary in Alvin, Texas, told INEOS: “The kids are so used to playing video games that when they go outside to recess they just sit. They don’t even know how to run and play anymore.”

    But the teams behind what has become the biggest children’s running initiative in the world believe that where there’s a will to succeed, there’s a way.

    The US campaign has already won an army of inspirational supporters including 1000 metre champion Bernard Lagat, Olympic sprinter Wallace Spearmon and astronaut Mario Runco who took part in three Space Shuttle missions during the nineties.

    Last year Wallace Spearmon, who is currently the seventh fastest runner in the world, attended several GO Run For Fun events in Texas. He told children how he had twice failed to win a place in his high school track team.

    “It was only because of my father’s encouragement that I stuck with running and continued to practise,” he said. “It was hard but I worked at it.” Eventually he won a place on the US Olympic team.

    To ensure the long-term success of the US GO Run For Fun campaign, it too has set up a charitable foundation.

    The key initiative of the INEOS ICAN Foundation, which is a volunteer organisation for fitness and community outreach, will be GO Run For Fun but the Foundation will also facilitate INEOS Olefins & Polymers USA’s annual employee-driven, fund-raising golf tournament and provide grants for schools to extend the teaching of science, technology, engineering and maths in their classrooms.

    The Houston Marathon Foundation is already an official supporter, along with Houston’s professional womens’ soccer team, the Houston Dash, which has sent insprirational ambassadors to the events so far this Spring.

    “That way we can show kids that running is not only an inexpensive and fun activity on its own, but it’s also an integral part of so many great sports,” said Kathryn.

    Many parents are also excited to help the campaign.

    “Unfortunately some of our target schools don’t have as many parent volunteers as others,” said Kathryn. “And many of those are in areas where parents work more than one job to make ends meet. But it’s really important to help all parents understand the need to support good exercise habits in these areas.”

    To help drive home the message about the benefits of running and exercise to the body and soul, INEOS will be producing informative leaflets printed in English and Spanish.

    Events will be delivered to 17 public elementary schools in the the Alvin, Clear Lake and La Porte school districts this year, with 9 days of runs having already taken place in the Alvin School District this April.

    But INEOS is already looking to the future, and has set its heart on attracting 15,000 children by 2017 and 20,000 by 2018. And with a team as passionate as it is, that should be easily achieved.

    “I’m very excited about the opportunity to help motivate kids to be more physically active,” said Dennis Seith, CEO INEOS Olefins & Polymers USA. “Healthy, active kids tend to be better engaged, and more successful in school,” he said. “Being active in athletic activities also teaches the values of teamwork, accountability, fair play, and a drive for doing your best.”

    One who seconds that is GO Run For Fun ambassador Bernard Lagat. “Running has provided me with a fantastic opportunity to travel the world,” he said. “But this campaign is more than just a fun run. It teaches children the importance of a healthy lifestyle.”

     

    Video

    GO Run For Fun - Texas

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    7 minutes read Issue 10
  • P30 YOUTH CULTURE.jpg

    Youth culture

    AS supporters go, INEOS is in a league of its own.

    But that’s not INEOS’ verdict; it’s the word on the ground where INEOS does so much to help develop a healthy interest in sport, particularly among the young.

    And it’s in any sport. Ice hockey. Football. Rugby. Running. And, seemingly, in every country where it does business. The US, the UK, Germany, France, Switzerland and Belgium.

    “INEOS revolutionised our club,” said Sacha Weibel, Chief Executive Officer of Lausanne Hockey Club. “We are now in the first division and one of the top 10 teams in the country.”

    INEOS approached the club in 2010 – the year it uprooted 80 families and moved its headquarters from the UK to Rolle in Switzerland.

    “They wanted to be a part of the community, which was wonderful,” said Sacha. “We wish more people thought like that.”

    But it wasn’t just financial support on offer.

    “INEOS wanted to be totally involved,” said Sacha.

    That meant regularly attending matches at the 8,000-seater stadium – and staging their own friendlies before the club’s official games.

    Are they any good?

    “No, they are terrible,” he said with a smile. “But it is to be expected. Kids here skate as soon as they can walk.”

    Ice hockey is the biggest spectator sport in Switzerland and one of the most difficult sports to master. You not only need to be able to skate well, which takes skill, but competitors also need to be able to run, shoot, pass and block shots at high speed.

    INEOS may not cut it on the ice, but off it, the company’s support has proved invaluable.

    “It really helped us to transform the whole company,” said Sacha.

    Over the past four years the club has enjoyed a spectacular comeback and now competes in the top tier of Swiss hockey. And season after season, it gets better.

    “It really is inspirational working with INEOS,” said Sacha. “Their way of working rubs off on us all.”

    Of course, that’s not all.

    As a company, it also produces the raw, building block chemicals that can be found in hockey helmets, sticks and keep ice rinks cold.

    INEOS is also a big supporter of sports clubs where its own staff – or employees’ children – spend their spare time, training, coaching or playing.

    “We are always proud of our employees who actively get involved in clubs to help other people,” said Dr Anne-Gret Iturriaga Abarzua, head of the communications department at INEOS Koln.

    In January the site teamed up with one of Germany’s biggest athletic clubs.

    Part of its work with ASV Cologne will be to organise the GO Run For Fun events in June.

    The INEOS-inspired GO Run For Fun is now a global running campaign. Over 1,000 schools across the UK, mainland Europe and the US have hosted a 2km fun run thanks to INEOS’ initial investment of £1.5 million (€1.9m, $2.5m).

    And that work – to instil a healthy approach to exercise and nutrition – goes on.

    Anne-Gret said INEOS financially supported countless sports clubs for children close to the Koln site.

    “INEOS likes to support those with a desire to lend a hand in the community,” she said.

    One who is out there in all weathers is Bill Faulds, who manages the Under 16s Falkirk rugby team in Scotland, UK.

    The Infrastructure Technical Manager at INEOS’ Grangemouth site has been involved with the club since he was a student in 1985 and spends up to three nights a week coaching the youngsters.

    “It is so rewarding to see children develop their skills and confidence,” he said. “And INEOS has been very supportive with an annual grant, which matched my time. Their support meant we could buy training gear.”

    INEOS will always find ways to support those who champion sport and understand how important it is to the development of young people.

    Or as former US president John F Kennedy put it: ‘Physical fitness is not only one of the most important keys to a healthy body, it is the basis of dynamic and creative intellectual activity.’

    5 minutes read Issue 10
  • P31playmobil.jpg

    PLAYMOBIL figures INEOS’ solution is the best

    GERMANY’S biggest toymaker PLAYMOBIL figured INEOS could help – and they were right.

    The company needed a hard-wearing, flexible material for three new special characters – an ice dragon, a transparent pink robot and a pirate.

    PLAYMOBIL knew what INEOS could do because they have worked with the company for years. But this time they needed a material that was tough, easy to mould and transparent.

    INEOS Styrolution, the global leader in styrenics, suggested Zylar, one of its specialty chemicals – and the match was perfect.

    “They were demanding requirements but we have always aimed to find the right solution, no matter who the customer is,” said Julia Herzog, Marketing Communications Manager.

    PLAYMOBIL characters first appeared on the scene in 1974. At that time there were just three of them – a construction worker in stripy bib, a knight with a silver helmet and an American Indian with a feather in his hair.

    Since then, about 4,000 different designs have come off the production lines in Malta and almost 3 billion plastic figures have been made.

    “Zylar has become more and more a material of choice for toys,” said Peter Rath, Director Sales Construction, Distribution, Compounding & Others, INEOS Styrolution. “Without plastics many toys and all kinds of sporting gear wouldn’t exist.”

    He said INEOS felt honoured to work with such an iconic toymaker.

    Zylar is currently used for medical devices but can be found in a multitude of household applications including water filters or coffee machine water containers.

    1 minute read Issue 10
  • bilbao-spain-manufacturing-plant-min.jpg

    INEOS buys factory on Spanish coast

    INEOS has bought a sulphuric acid factory at one of the most important logistics centres in Europe. The acquisition of the plant in Bilbao, Spain, complements INEOS’ existing sulphur chemicals business in Runcorn in the UK and effectively doubles its production capacity.

    Sulphuric acid is one of the most important, basic compounds manufactured by the chemical industry. It is used to make, literally, hundreds of compounds needed by almost every industrial sector including fertilisers, detergents, water treatment and batteries.

    “In days of old, sulphuric acid consumption was a measure of a country’s GDP,” said Ashley Reed, CEO INEOS Enterprises. “Demand was very much linked to the economic health of a country.”

    That may also be true today.

    Last year Spain was the second fastest growing economy in Europe with GDP growth of 3.2% and the International Monetary Fund believes Spain’s recovery will continue.

    “That is good news for us and should provide a strong platform for sales growth in the local markets,” said Ashley.

    The Spanish plant, which makes about 340,000 metric tonnes of sulphuric acid every year, is one of the most modern in Europe and is close to the Bilbao Refinery which supplies most of the plant’s key raw material, sulphur.

    “Sulphur is often an unwanted by-product in the production of refinery products so it is a way for them to dispose of it,” said Ashley.

    About 25% of the plant’s revenue comes from cogeneration of electricity which is produced through burning sulphur in air. Electricity prices in Spain are amongst the highest in the world and under new Spanish legislation to encourage renewable energy production, the Spanish government will underwrite the electricity prices for the business for the next 25 years.

    “That was one of the reasons why INEOS was interested in the plant,” said Ashley.

    The plant is strategically located in Bilbao port which makes it ideally poised to export around the world.

    “There is no other sulphuric acid producer within 400km of the port,” said Ashley. “And because transport costs make up a major proportion of the sulphuric acid price, having the right location is vital for the success of a sulphur chemicals business.”

    2 minutes read Issue 10
  • merger-creates-winning-banner.jpg

    INEOS decides to go it alone

    A JOINT venture between INEOS and Solvay is to end later this year – two years ahead of schedule.

    The two companies have achieved so much since they formed INOVYN in July 2015 that Solvay has agreed to leave INEOS in control of the 3.5 billion Euro business.

    “Thanks to the fast and efficient integration of its teams and assets, INOVYN is now a sound and sustainable chlorvinyls player,” said Jean-Pierre Clamadieu, CEO of Solvay.

    Belgian company Solvay had always intended to leave INEOS as sole owner of the business but that had originally been planned for July 2018.

    INEOS chairman Jim Ratcliffe said INEOS was comfortable with the early exit.

    “Chlorvinyls businesses are core to large petrochemicals companies such as ours,” he said. “And through this planned acquisition INOVYN will have an owner with a long-term vision that provides stability for its business and employees.”

    The two companies’ decision to merge their chlorvinyls businesses in 2015 created a winning combination. It turned newly-named INOVYN into one of the top three PVC producers in the world and meant the business was well placed to respond rapidly to changing European markets.

    INOVYN, which is headquartered in London, employs 4,300 people at 18 manufacturing sites in eight countries. Every year it manufactures 40 million tonnes of chemicals which find use in almost every aspect of modern life, keeping people housed, healthy and connected.

    1 minute read Issue 10
  • unchartered-waters-banner.jpg

    Business profile: INEOS Breagh Unchartered Waters

    It’s exciting times at INEOS – both onshore and offshore – as INCH discovered during a conversation with Geir Tuft, CEO of the company’s new oil and gas business INEOS Breagh

    MANY people wonder why INEOS is getting involved in oil & gas exploration. Questions are being asked as it steers its business out into the North Sea at a time when others are leaving.

    But it is confident it can be the change the oil and gas industry needs to turn around ageing assets deemed unprofitable and unfit for the job.

    So too is Geir Tuft, the man head-hunted to lead INEOS’ new offshore gas business INEOS Breagh which operates four platforms in the North Sea and owns interest in 16 exploration licences.

    INCH caught up with Geir shortly after he moved into his new office in London as CEO of INEOS’ new gas subsidiary.

    “I do not know where this journey will ultimately take me or INEOS but we are capable of making a big difference in the North Sea,” he said. “We are not in this for the short-term.”

    In October INEOS bought all 12 UK North Sea gas fields owned by German firm DEA, which is part of the LetterOne Group. All the gas fields are close to INEOS’ assets in the North East and Scotland and provide about 8% of the UK’s gas, enough to warm one in 10 homes.

    “That’s not insignificant and I think about that when I go home each day, knowing that I have got control over this,” said Geir.

    Russian billionaire Mikhail Fridman had been required to sell them by the British Government amid fears of sanctions against Moscow over Russia’s role in the Ukraine.

    A few days after INEOS had agreed to buy DEA (UK), which included Clipper South platform, Fairfield Energy Holdings Ltd sold its 25% interest in the Clipper South, bringing 75% of it under INEOS’ control. Fairfield said it wanted to concentrate on decommissioning.

    But INEOS’ interest in acquiring more North Sea gas fields is unlikely to end here.

    “Virtually everything in the North Sea is for sale,” said Geir. “And we are the only buyers in a sea of sellers.”

    In many ways these are unchartered waters for INEOS, but it classes itself as a ‘relative’.

    “Although INEOS is a new entrant to the North Sea, the company has extensive experience in operating chemical plants of similar or greater complexity to these offshore platforms,” said Geir. “Our core focus on Safety Health and Environmental performance, reliability, high utilisation and competitive cash fixed costs, are attributes the mature North Sea needs to extend the life of assets and extract as much hydrocarbons as possible. We believe we can take these assets and improve their reliability and invest where the money is needed.”

    The problems facing the UK oil and gas industry, which has been drilling for oil and gas in the North Sea since 1964, have been well documented.

    In 2014 Pricewaterhouse Coopers was warning that a new vision and new ways of working were urgently needed to cement its position as a global oil and gas hub.

    “It’s vital that we take a more strategic and integrated view to help extend the life of the North Sea for everyone involved and for future generations,” said Kevin Reynard, PwC’s senior partner in Aberdeen. “If we choose not to change, then we risk sleep-walking into an early sunset.”

    Those views were echoed in June 2015 when it again urged oil and gas firms to heed lessons from other UK industries which had been forced to change or die.

    “There is no escaping the fact that exploration and production is down on previous years” said Kevin. “The stark reality is that even if all the planned wells go ahead, the rate of drilling is still too low to recover even a fraction of the potential resources.”

    PwC called for a step change in strategy. “Businesses need to innovate and collaborate as well as improve cost control and performance,” he said.

    The UK Government has also been urging the industry since early 2014 to reduce operating costs, improve efficiency, exploit untapped reserves and spend more money on exploration.

    “Our experience will be invaluable in this environment,” said Geir. “In fact we have extensive experience in acquiring, improving and managing assets deemed unprofitable. If any company on this planet can do it, it is INEOS.”

    It is estimated that there are between 30 to 40 years of production – and an estimated 24 billion barrels of oil – remaining but the Office for Budget Responsibility predicts a 38% fall in oil revenue by 2017-2018.

    To help boost ‘flagging’ North Sea production by 15% by the end of the decade, UK Chancellor George Osborne recently unveiled measures worth £1.3 billion over five years and also plans to partially fund new exploration work to help increase the region’s reserves.

    The oil and gas industry knows it needs to reduce operating costs by billions and increase production efficiency if it is to remain competitive.

    The high cost of running these assets was brutally exposed when oil prices suddenly dropped from $110 a barrel to $60 then again to below $40 at the end of the year (2015).

    Geir, who has spent the past three years at INEOS’ Grangemouth site, is excited by what 2016 will bring.

    “First we need to fully understand the business,” he said. “At the moment I feel as if I have one foot on firm ground because of what INEOS has already achieved and one foot in a dingy, where we have to be careful and learn because there is an element of this which is all new to us with exploration and sub-surface, geology and seismology.”

    But by late January (2016), he will have a robust plan for growing the business to present to INEOS Capital.

    The staff, who came with the sale of the LetterOne Group, are also optimistic about the future.

    “After all the uncertainty there is a real sense of relief,” he said. “There is a very positive anticipation because they know we want to operate and develop the asset. We are in it for the long-term.”

    One who agrees with that is Adrian Coker, Head of Exploration and New Business at INEOS Breagh.

    We have effectively been through a two-year sale process,” he said. “First to LetterOne and then a forced onward sale to INEOS so we are quite pleased that we can finally move on and get back to business as normal.”

    INEOS Chairman Jim Ratcliffe has already met the team.

    “He is going against the current to a lot of people who are leaving the North Sea, but there are some good wins here to be had by someone with an entrepreneurial take on things,” said Adrian.

    The existing, highly-experienced management team at DEA’s UK business will stay in place and run the business in a similar way to all INEOS’ other businesses.

    “There won’t be a great deal of interference from head office,” said Jim. “It will be in its own independent box and the management will be charged with running that business.”

    For INEOS, this is a very bold step into a new world but depending upon how this venture develops, it has the potential to transform the business in the way that INEOS’ acquisition of INNOVENE did in 2005.

    Video

    INEOS BREAGH

    00:00

    7 minutes read Issue 9
  • billion-deal-banner.jpg

    The $9 Billion deal

    The acquisition of gas fields in the North Sea marks a significant moment in INEOS’ history. But it is not the first time INEOS has seemingly achieved the impossible. Ten years ago it raised a cool $9 billion to buy BP’s massive chemicals business INNOVENE. It was a transformational deal that changed the face of INEOS overnight.

    THE year was 2005.

    The world feared it was on the verge of a bird flu pandemic as cases spread from Asia to Europe, millions mourned the death of Pope John Paul II and Saddam Hussein went on trial.

    INEOS was doing well. It was turning over $8 billion a year and employed 7,500 people at 20 sites around the world.

    But INEOS Capital had bigger ambitions, it was looking to invest.

    BP was planning to float its massive chemicals business, INNOVENE, on the New York Stock Market. But INEOS convinced the management team to sell the olefins and derivatives and refining subsidiary to it instead for $9 billion.

    It was a colossal bet and a deal was agreed without even visiting many of the sites.

    But that bold step propelled INEOS into the big league of global petrochemical companies.

    INNOVENE had 8,000 staff and 26 manufacturing sites in America, Canada, the UK, France, Belgium, Germany and Italy.

    “The deal vaulted INEOS, which then had an exceptionally low profile, into the top tier of global chemical companies,” said Patricia Short, a journalist at Chemical & Engineering News.

    Following the acquisition the combined businesses had a turnover of more than $30 billion, making INEOS the world’s fourth largest petrochemicals company.

    Jim Ratcliffe described the deal – BP’s biggest-ever divestment – as a ‘transformational acquisition.’

    Overnight his company had more than doubled in size.

    The acquisition, which included the Lavéra and Grangemouth refineries, filled out INEOS’ ethylene and propylene derivative portfolio.

    David Anderson, President of the Chemical Market Resources Inc, a Houston-based consulting firm, remembers the deal well.

    “This was a little company taking on the big guys,” he said. “It was the guppy swallowing the whale. No one thought it might not work out. But it was whether or not the INEOS team could assimilate all the parts into a cohesive operating entity.”

    It could have gone horribly wrong. But it didn’t.

    INEOS after all had become accustomed to snapping up unwanted commodity businesses from the likes of ICI, BASF as well as BP, as these chemical giants restructured their own businesses. If any company on the planet could do it, it was INEOS. All INEOS asked itself was whether it could double the earnings (EBITDA) of the businesses it acquired over five years.

    That wasn’t quite the view from those working for INNOVENE at the time.

    Bob Sokol, now Chief Financial Officer of C2 Derivatives, had heard about INEOS but viewed it as a small European-focused chemical company.

    “I never thought of it as a company which could pull off a $9 billion INNOVENE acquisition,” he said.

    He said staff at INNOVENE were aware that changes were coming.

    “Employees were operating in a cloud of uncertainty but that uncertainty shifted from going public to being acquired by a largely unknown chemical company on the back of 100% debt finance” he said.

    Dennis Seith, now Chief Executive Officer of INEOS O&P USA, had been part of the management team selected by BP to establish INNOVENE.

    “I had never heard of INEOS and it definitely was not a household name to most in the US and INNOVENE,” he said.

    But he said the enormous pace of change following the acquisition left little time for employees to worry that a little company had just acquired a giant in the chemical world.

    “The fear of the unknown is always a bit unsettling, but we had a job to do and the work was so intense there was not a lot of time to stress about what was happening,” he said. I just remember it being both exhilarating and unnerving. We had a chance to remove bureaucracy, try out ideas, be entrepreneurial and take on accountability for the success or failure in the business.”

    With the deal, INEOS inherited an executive team of 12. Within a year only one of them was left.

    “That was me,” said Dennis. “There were very few layers left in the business and responsibility was thrust upon those willing to take it. Many were not comfortable with the downsizing and reduction of overheads or approach to entrepreneurial accountability in a private sector company.”

    BP had grown into a very slow-moving, bureaucratic organisation obsessed with multiple peer reviews it became plagued by indecisiveness.

    Under INEOS, delegations were tightened and decisions taken at all levels. Corporate spending was reined back. Capital spending was much more tightly controlled. Staff were asked to cut costs by at least 25%. Management began to instil a new culture where employees were asked to ‘act like owners’ in the business where costs and decisions mattered to its future.

    “We became truly focused and developed the vision that we still have for the business today,” said Dennis.

    He believed – and still believes – that the takeover was the best thing that ever happened.

    “BP chemicals was a good business but it had clearly had lost its way with a heavily matrixed operation,” he said. “INEOS gave us the opportunity to truly lead a business and work with very talented people towards common goals. Every employee’s effort matters and makes a difference. We have only been limited by our own creativity and how we choose to prioritise our resources.”

    Joe Walton, now Business Director of INEOS Oligomers, also worked at BP INNOVENE.

    “A number of my BP colleagues were very worried about leaving the perceived stability of a major company like BP for a leveraged company like INEOS,” he said. “However, if you look back 10 years at the history of INEOS versus BP that was a misguided view.”

    At BP, Joe had been responsible for the global business optimisation of the LAO and PAO business only.

    After the takeover, his remit increased and he was given global responsibility for the Oligomers business management, sales and technology.

    “A lot of my customers wanted to know what it was like to work for INEOS instead of BP,” he said. “I used to tell them that as a business manager in BP, I spent 60% of my time managing my business and 40% answering questions from central functioning groups that did not add value. In INEOS I spend more than 90% of my time actively managing the business.”

    Just weeks after the takeover, INEOS created seven new businesses covering refining, olefins, polyolefins, olefins and polymers in the US, nitriles, technologies and oligomers.

    INNOVENE no longer existed. It was now INEOS Nitriles, INEOS Olefins and INEOS Polyolefins in Europe, INEOS Olefins & Polymers USA, INEOS Oligomers, INEOS Refining and INEOS Technologies each with their own focused team.

    That same year Jim was named Britain’s top entrepreneur by Management Today, ahead of Carphone Warehouse’s Charles Dunstone and Simon Nixon, founder of Moneysupermarket.com.

    The business publication described Ratcliffe as ‘the chemical industry’s answer to steel magnate Lakshmi Mittal’.

    In the first 10 years, INEOS made more than 20 acquisitions.

    But the INNOVENE deal will always be the one that changed the face of INEOS forever.

    Looking to the future, though, you cannot help but feel that the acquisition of gas fields in the North Sea could very well have a very similar effect.

    7 minutes read Issue 9
  • flying-start-banner.jpg

    Flying start

    IT was a chance to help students on the University of Liverpool Velocipede Team to build the fastest bicycle in the world – and INEOS wasn’t about to let an opportunity like that slip away.

    As the engineering students from the University of Liverpool in the UK worked quietly on their speed bike ARION1, INEOS was ready to fly them and their incredible vehicle, to America for the World Human Powered Speed Challenge.

    “I knew it was something that INEOS would be interested in supporting because it combined sport, engineering, entrepreneurial spirit and a small team with limited experience prepared to take on the world,” said Iain Hogan, CEO of INEOS O&P South. “The students had enough sponsorship to get the bike designed and built but initially, they didn’t want our help because they weren’t sure they had a vehicle that could take on the record.”

    But the more tests done at Bruntingthorpe Proving Ground, the more the 16 students, including team leader, Iain’s son Ben, realised it might just be humanly possible to break the world record of 83.13 mph, and so to INEOS they turned.

    What the students desperately needed was a company with the knowledge and experience to transport the bicycle and the whole team to the middle of the Nevada desert and back again.

    “Without the support of INEOS the team would not have made it to the competition,” said Ben. “INEOS took charge of arranging the logistics of getting our enormous flight case, which looks more like a small caravan, all the way from our home in Liverpool to the middle of the desert – and back again safely. It was vital our flight case, which contained the bicycle and all our tools, arrived on time and intact. We really needed a company that knew what they were doing.”

    David Thompson, Chief Operating Officer of INEOS Trading and Shipping, was the man called upon to help the team. His team imports and exports materials to and from the USA every day of the week.

    “It could have been a logistical nightmare,” he said. “But we knew how to handle US and European customs to make sure the bike, and all the spares and maintenance equipment, could enter the US without delay, and then reverse the process back into Europe.”

    In tests, the ARION 1 land speed vehicle, which is encased in a carbon fibre shell to help it slice through the air, had topped speeds of more than 50mph.

    “Carbon fibre composite was the ideal material for fabricating the vehicle because you can mould it to almost any shape that you want,” said Ben. “So we did.”

    The rider sees where they are going using a tiny video camera mounted of top of the capsule, which makes piloting it particularly difficult.

    “You’d have to imagine driving a motorcycle looking through your mobile phone,” said Ben. “And with nothing but that to show them the outside world and no ventilation, it can be claustrophobic. Thankfully the rider is only in there for about seven minutes so it is bearable.”

    But despite the £150,000 cost of the bicycle, it’s not a comfortable ride.

    “Inside it is extremely noisy and sounds a bit like a jet engine,” said Ben. “All the sounds from the chain and the wheels reverberate inside the shell. A lot of the time we had problems hearing our rider over the radio.”

    The bike had six gears, similar to a normal bike, only much larger, “The front chain ring had 104 teeth” said Ben.

    But the ARION1 rider changed gear only when the bike told him to.

    The team had worked on perfecting their bicycle for almost two years.

    “It became an obsession,” said Ben. “The team didn’t bother taking a summer break this year. We stayed at university and worked seven days a week to get it finished.”

    The world human-powered vehicle challenge takes place every year on Route 305 – a five-mile stretch of road in the middle of the Nevada desert.

    Teams from all over the world enter vehicles they have designed and built themselves.

    Speeding up in an attempt to go the fastest is only one thing, though.

    Slowing down is quite another.

    “It’s not very easy to slow down after reaching speeds of 75mph,” said Ben. “At the end of the course is a one-mile stretch of track left to stop the bike. And as the rider is unable to stay upright once the bike stops, the team has to catch the bike while it is still moving. That, in itself, takes some skill.”

    Although the British team did not break the world speed record, their two riders smashed the 13-year old UK land speed record three times.

    Ken Buckley was first to do it. He clocked 69.7mph, then fellow rider David Collins, a PhD student, notched up 70.6mph, only for Ken to hit 75.03mph – and, in the process, generate enough energy to boil a kettle.

    “Breaking the British record by nearly 8mph is no mean feat,” said Ben.

    What was particularly impressive about Ken’s record-breaking run is that he notched up 75mph just 15 hours after a nasty crash at 55mph when a sudden gust of wind and an unexpected bump in the road caused him to lose control of the bike.

    “Wind and weather are two big hazards,” said Ben. “With such a long course the wind can blow in totally different directions and that can catch the rider by surprise. If Ken had said he wanted to stop then, we would have understood it but he was determined to try again.”

    And determination is one of the reasons he was selected from the many hopefuls.

    The riders also needed an excellent sense of balance while lying down.

    “Essentially you have to learn to ride a bike again because it is so different,” said Robert McKenzie, who has now taken over the project following Ben’s graduation.

    And the riders needed courage.

    “It is dark and claustrophobic in the bike and furthermore you are taped in and expected to pedal as fast as you can,” he said.

    Thankfully Ken was unhurt in the crash but the exterior shell and steering were damaged which meant the UK team had to work through the night to make it possible for their riders to attempt breaking records again.

    Although the British team were unable to match the Canadian team, whose co-designer and rider Todd Reichert set a new world record of 85.71 mph, they have got their sights set on it next year.

    ARION 2 will be smaller, lighter and more stable.

    “We have got the British record at our first ever attempt and if one day we get to bring the world record back to Britain that would be incredible,” said Ken.

    And INEOS will be there again to support that second attempt.

    Video

    ARION1 Land Speed Bicycle, smashes the British record.

    00:00

    6 minutes read Issue 9
  • elements-of-danger-banner.jpg

    Elements of danger

    What drives someone to want to be the best in the world? INCH spoke to Steve Nash, a chartered electrical engineer who works at INEOS’ Runcorn site in the UK. He has been reaching for the stars for years

     

    IT was an experience like no other.

    As Steve Nash paraglided over the 8,130ft (2,478m) Nufenen pass in Switzerland, he got caught up in turbulent glacial air.

    “I was losing height so fast that I thought I had been disconnected from the paraglider,” he said. “It was like flying in a raging waterfall.”

    As he hurtled towards the ground at eight metres per second, he battled to regain control of his collapsing paraglider and keep his cool.

    “Thankfully I had been trained to get out of a situation like that,” he said. “But I was still incredibly relieved to stand on solid ground again after that flight.”

    But that brush with near disaster didn’t stop him from waking at 5am the next day to continue his epic journey across the Alps. And that’s the point. That’s what separates life’s great achievers from the rest, or, in the words, of the man who conquered Everest, Sir Edmund Hillary: “It is not the mountain we conquer, but ourselves.”

    Steve was competing in the one of the toughest races in the world, The Red Bull X-Alps.

    Competitors – and every two years there are only about 32 international paragliders brave and fit enough to take it on – can face torrential rain, turbulence, storms, fierce headwinds, white-outs, and freezing temperatures as they hike, run and fly from Salzburg in Austria to Monaco via Germany, Italy, Switzerland and France.

    There is no set route. Athletes must pass 10 ‘checkpoints’, mostly iconic mountains, but they can decide how to get there.

    This year’s race was won by Swiss paragliding legend Christian Maurer who landed in Monaco eight days four hours and 37 minutes after setting off from Mozartplatz in Salzburg. It was the fourth time he had won the competition.

    forty-eight hours later, the race officially ended with Steve, the only Brit and at 52, the oldest in the competition, just 178km away.

    “For me it had been a unique opportunity to pitch myself against the very best pilots in the world,” he said.

    After being selected in October 2014, Steve had sought advice from fitness experts, nutritionists, and those who had already done it.

    “Anyone who competes, at whatever level, wants to perform at their very best,” he said.

    But it’s not just a head for heights that are needed.

    “The real dangers are all related to the weather,” said Steve. “Rough turbulence from thermals can collapse the fabric wings and massive cumulonimbus clouds are so dangerous that passenger plans avoid flying near them.”

    What sets competitors apart is the ability to fly in conditions that most paraglide pilots would never consider safe.

    “The real top pilots in the world are experts at using adverse weather and making the very best of it,” said Steve. “And that matters because almost all the race is won in the air.”

    Steve last competed in the race four years ago but was eliminated after he flew eight metres into forbidden air space around Locarno Airport.

    “I’d never flown into restricted airspace before, but pushing yourself to physical and mental limits means the ability for clear thinking is impaired,” he said.

    This year he had no intention of making the same mistake twice. And he didn’t.

    On a good day, he was literally flying, clocking more than 130kms in the air and 70km on foot.

    On a bad one, he was forced to run or hike with a 9kg back pack.

    “The worst flying day was from Zermatt, where very difficult flying conditions from strong winds meant I actually went backwards on the course line to Monaco,” he said.

    The Red Bull X-Alps does take its toll on the body with lack of sleep leading to fatigue.

    “I remember being asked what I wanted to eat and I couldn’t process the question,” he said.

    He also lost about 5% of his body weight, despite consuming 4,500 calories a day.

    Competitors are allowed to hike between 5am and 10.30pm and fly between 6am and 9pm.

    “Several times I launched from very high mountains at 6am on the dot,” he said.

    One of the unique aspects of the race is that spectators can track the athletes’ every move online.

    That would have included Steve’s unexpected landing on someone’s garden lawn near the Swiss/French border.

    “The owner came out of his chalet to check I was okay and needed a drink,” he said.

    Steve began paragliding in North Wales in 1990 where the highest peak is just 3,560ft (1,085m).

    “For me, paragliding is about freedom,” he said. “You can travel more than 100km with no idea where you might land or how you are going to get back to your starting place.”

    He keeps fit by running and cycling from his home to work at INEOS’ Runcorn site most days.

    As an employer INEOS understood what drove him and granted unpaid leave so he could train in Brazil, in the winter and spend two months in the Alps in the run-up to the race.

    “Not many employers would allow you that flexibility,” he said. “But INEOS believes that keeping fit benefits all because fit employees are less likely to fall ill.”

    So does he want to compete again in 2017?

    “Absolutely,” he says. “This race has captured the imagination of every pilot who has ever dreamed about crossing a range of mountains as stunning as the Alps. It is simply like no other endurance competition. And having tried twice and got very close this time, I can’t help thinking third time lucky.”

    Video

    Steve Nash Profile

    00:00

    www.redbullxalps.com

    www.redbullxalps.com/athletes/profile/steve-nash

    6 minutes read Issue 9
  • ineos-gets-licence-banner.jpg

    INEOS gets a licence to explore the UK for shale gas

    INEOS is now the biggest player in the UK shale gas industry. fast work for a company that only started exploring its options in 2014

    INEOS has been granted permission by the UK Government to explore huge swathes of England for shale gas.

    The announcement by the Department of Energy and Climate Change means INEOS now has licences to explore one million acres of potential shale gas reserves.

    “We are now the biggest player in the UK shale gas industry and are clearly seen as a safe pair of hands,” said Gary Haywood, CEO of INEOS Shale.

    Britain is currently one of the most expensive places in the world to make petrochemicals.

    But INEOS believes an indigenous shale gas industry has the power to revolutionise manufacturing in Britain, give the UK energy security for the first time in many years, and create thousands of jobs.

    “We have seen at first-hand what it has done for the US economy,” said Gary. “Shale gas is a once-in-a-lifetime opportunity that the UK cannot afford to miss. North Sea oil created great wealth for the UK and shale gas can do the same.”

    Most of the 21 licences – awarded to INEOS this month (December) – are in places with either a mining or industrial heritage. Areas include land close to its plants in Runcorn, Hull and Newton Aycliffe.

    “We are delighted that the UK Government is determined to move forward with this exciting new industry,” said INEOS Chairman Jim Ratcliffe.

    INEOS Shale is INEOS’ on shore oil and gas exploration and production business. The business made its first move into the shale exploration arena in August 2014 when it bought a share of a Petroleum Exploration and Development Licence from Dart Energy.

    Since then it has grown rapidly. In March 2015 it struck a deal with IGas, which gave it access to almost a quarter of a million acres of potential shale gas reserves in Scotland. That was quickly followed by Government approval to explore parts of the East Midlands for shale.

    But it’s the latest announcement – the awarding of a further 21 licences – which has delighted the INEOS team.

    “To be awarded so many licences supports our belief that we are the right company to extract shale gas in the UK,” said Gary. “Shale gas is not about short-term speculation for us. It is about securing our manufacturing base which provides thousands of jobs in regional economies many in the North of England and Scotland.”

    INEOS’ decision, though, to pursue shale gas exploration in the UK has, unsurprisingly, set it on a collision course with environmentalists and protest groups.

    Opponents of fracking claim it is dangerous and disruptive, triggers earthquakes, contaminates drinking water and the air we breathe.

    Supporters say – done properly – it is safe, provides countries with a valuable domestic resource, creates jobs, underpins manufacturing and will help to cut carbon emissions by displacing coal, which emits twice as much CO2 compared to gas.

    Earlier this year (2015) INEOS met local residents, as part of a concerted effort to explain the facts around shale gas development, and answer any questions posed by people in the Scottish local communities living or working in one of our licence areas.

    “There will always be a hard core of opponents who are philosophically opposed to fossil fuel development, despite shale gas having only half the carbon footprint of coal,” said Gary. “However, many local residents fear shale development for more local reasons – and these are the people INEOS wants to address, to reassure them of the impacts of shale development. We believe that most people are open-minded about shale development, but want more information.”

    He added: “Reassuring people that the industry can operate responsibly, without long-term damage to the environment or their way of life is critical. It is also vitally important to make the case for why shale gas development is beneficial for communities, and for the country.”

    INEOS has committed to fully consult all local communities and will share 6% of revenues with homeowners, landowners and communities close to its shale gas wells*

    “We have the vision to realise that communities must share in the rewards for it to be successfully developed,” said Jim.

    Working exclusively with INEOS in Europe are the world-leading pioneers who led the development of the first commercial shale play in the US, the Barnett Shale.

    Petroleum engineer Nick Steinsberger and geologists Kent Bowker and Dan Steward have more than 20 years of industry experience.

    “They have drilled thousands of shale wells without encountering any major issues and are advising INEOS on how best to safely access Britain’s vast reserves,” said Gary.

    And unlike many exploration companies, INEOS can use shale gas as both a feedstock and a power source. That means shale gas could also help to underpin the competitiveness of INEOS’ manufacturing sites across the UK for years to come.

     

    *4% to homeowners and landowners directly above wells and 2% to the wider communities.

    5 minutes read Issue 9
  • iron-will-banner.jpg

    Iron will

    Abraham Lincoln said if you wanted to test a man’s character, give him power. Sport is another equally important judge, as INCH discovered.

    THE road to becoming a champion is paved with great sacrifices.

    But that’s very often the view of someone looking in from the outside.

    American Bart Connor, one of the greatest gymnasts ever to compete in the Olympics, never saw any of it as a sacrifice.

    “It was just choices,” he said. “I never felt that I was missing something, only that I chose something else.”

    And Olympian Josh Davis, who made history in 1996 by becoming the only man in any sport from any nation at the Atlanta Olympic Games to win three gold medals, said the only thing that he gave up was mediocrity.

    Eleanor Haresign, daughter of INEOS’ Cliff Haresign, understands that mindset. She won her first iron distance event – a 1.9k swim, 90k bike ride and 21k run – at her second attempt when she was 35.

    “What is a sacrifice to some isn’t a sacrifice to others,” she said. “There are plenty of early mornings, early nights, missed social events, worrying whether you might catch a cold, and feeling exhausted and unsociable. But the feeling of winning or doing well makes everything worthwhile, and it keeps you going back for more.”

    In short, you have to want to be the best.

    “You have to ask yourself how badly you want it because even the professional athletes are hurting,” she said. “It often helps to remember that there are many people who don’t have a choice in their lives about suffering pain. I am lucky that I can race hard and embrace the pain, and transcend the limits of what I thought was possible.”

    But she said it took more than just desire.

    “There are certain characteristics that are needed to become the best and not everyone will be prepared to accept them. To win, you need to excel physically, but only being physically strong is not sufficient to be a winner. You must delve deep into your mental reserves to override the physiological ‘symptoms’ regarding fatigue or pain.”

    To beat the best, you need to be more focused, fitter, organised and more prepared. You need willpower, determination, discipline, dedication and drive.

    For those, like Eleanor, who also have to work part-time to make ends meet, you also need to be able to manage your time effectively.

    “People sometimes wonder how I juggle work, life and training, and complain that they don’t have enough time to do any sport but I don’t believe that,” said Eleanor, an environmental consultant. “You just have to find ways to incorporate it into your life. What separates a professional sports person from those at a recreational level, aside from talent, is the willingness to integrate it into every aspect of their lives. It’s not just the training. It’s the nutrition choices, looking after your immune system, sleeping enough, stretching enough. Everything you do outside of training is still evaluated in its impact or contribution to your sporting success.”

    Eleanor’s next goal is to qualify for the Ironman World Championships in Hawaii in 2016. To do that, she will need to complete three Ironman events and two half Ironman races over the next 10 months to accrue enough points to rank within the top 35 in the world.

    Ironman is a challenge designed for the best of the best and has become triathlon’s most iconic, endurance event. In all, about 3,000 athletes from all over the world will line up to swim 2.4 miles (3.86 k), cycle 112 miles (180k) and then run a 26.2-mile marathon (42k) without a break.

    Eleanor’s dad Cliff said he and his wife Carolyn would do as much as they could to support their daughter from the sidelines.

    “We started to realise this was turning into something more serious for Eleanor when she started to earn podium places,” he said. “No one undertakes these events lightly. Even completing these races demands great mental strength so it is hard for me even to imagine what it must take to win one.”

    Eleanor, who completed her first triathlon on a mountain bike with a pannier rack near St Andrews in Scotland, knows. She now enters races as a professional.

    “Triathlon does demand as much mental stamina as it does physical strength but that is what keeps me going back to the start lime,” she said. “But while Ironman events are rather demanding on the body, it also makes you supremely aware of what you can do to have a healthy lifestyle. You simply cannot ask your body to perform if you don’t pay attention to your diet, sleep and immune system.”

    Although fiercely competitive, there is much camaraderie amongst the athletes and a real appreciation and respect for one another.

    “You see a very special side of the human spirit out there on the race course,” said Eleanor.

     

    Charlie goes the distance

    ONE person who knows how tough an Ironman event can be is INEOS GO Run For Fun ambassador Charlie Webster.

    The British TV sports presenter completed her first-ever full Ironman triathlon – Ironman UK – in six hours, 20 minutes and 21 seconds.

    “Considering I couldn’t swim two years ago and I only got my first bike last year, I was over the moon,” she said after the 2.4-mile swim, 112-mile bike ride and 26.2-mile run.

    “The weather was everything I didn’t want,” she said. “We had strong winds, it was rainy and cold. But the support was amazing. I felt sorry for the incredible spectators who got soaking wet.” 

    6 minutes read Issue 9
  • global-campaign-banner.jpg

    Global campaign smashes target

    GO Run For Fun has smashed its target six months ahead of schedule.

    Organisers of the global running campaign had hoped the 100,000th runner would cross the finish line at a GO Run For Fun event in the UK by July 2016.

    But Jack Ryan became the boy to make history when he joined almost 1,000 runners from 23 primary schools at the INEOS-inspired fun run at Wavertree Athletics Track in Liverpool

    And there to cheer him – and the others on – was world champion sprinter Richard Kilty.

    “I have been to six of these event across the country now and it’s been wonderful to witness the campaign grow in size and excitement,” he said. “This is a big day for GO Run for Fun.”

    Go Run For Fun in numbers

    189

    events hosted across the UK, mainland Europe and the USA

    106,288

    runners who have crossed the finish line

    1,061

    schools that have taken part in the campaign

    74

    sporting ambassadors inspired to take part, including Colin Jackson and Tanni Grey-Thompson

    2,443

    volunteers who have got involved to help encourage young children to run

    1 minute read Issue 9
  • visionary-approach-banner.jpg

    Visionary approach

    What do you do when you’ve reached the end of the road? Or in INEOS’ case, you have achieved what you set out to do six months early? You set new goals

    INEOS – buoyed by the success of its global running campaign GO Run for Fun – is now broadening its horizons to help raise a generation of healthy children.

    It has added its weight to former headteacher Elaine Wyllie’s vision to get every child in every school running daily to help in the fight against childhood obesity.

    And it is planning to launch an educational programme around its award-winning Dart cartoons to teach children about the importance of a healthy diet and exercise.

    Elaine pioneered what has become known as The Daily Mile at her primary school in Stirling in Scotland. For the past three years every child in the school has run or walked a mile every day – just for fun.

    “The running is the reward,” she said.

    Initially INEOS and Elaine’s focus will be on the UK where one in three children are now classed as overweight or obese. But ultimately, together they hope to have a global impact.

    “Elaine’s passion, drive and enthusiasm for this are contagious,” said Ian Fyfe, HR Director of INEOS Group, who met her at the flagship GO Run For Fun event at Olympic Park in London in the summer.

    The GO Run for Fun events – and so far almost 200 events have been held in the UK, mainland Europe and America – are grand occasions, run in a carnival atmosphere with celebrities to inspire the kids.

    “The Daily Mile is effectively a GO Run For Fun event at school every day,” said Ian.

    But the aim – and benefits to a child’s health and self-esteem – of both events are the same.

    “Both of us have planted a seed for children about how much fun it is to be active, out and about in the open air, taking exercise and getting fitter and more athletic,” he said.

    Elaine has now retired as head teacher of St Ninians School where she launched the brilliantly simple scheme after hearing the pupils were exhausted by just the warm-up before their weekly PE lesson. But her work is far from done.

    The GO Run For Fun team recently hosted a debate, at the Queen Elizabeth Olympic Park about what needs to be done in the UK to tackle its growing childhood obesity crisis.

    Elaine was among the four panellists introduced to an audience of journalists and guests by Charlie Webster, a GO Run For Fun ambassador and TV sports presenter.

    “Childhood is the time to instil the right messages about fitness and what to eat,” said Dr Paul Sacher, another panellist who helped INEOS to produce an educational video aimed at children. “If we miss that opportunity we have not done our job as parents, teachers and as a society.”

    All four panellists, who also included INEOS GO Run For Fun Director Leen Heemskerk and ‘Marathon Man’ Rob Young, want the UK school curriculum to change so that physical exercise is deemed as important as maths and English, from primary school age.

    “We have a serious problem out there,” said Paul. “It is now more normal to be overweight.”

    That’s not the case at Elaine’s former school where not one of the 420 children is overweight.

    “They look lean and they are energised,” she said “And they are more alert in lessons.”

    But she told the panel that the school hadn’t always been a picture of health.

    In 2012, after being told how unfit her children were, she took a class on to the school field and asked them to run around it. Most could only manage one lap.

    Four weeks later – after the introduction of The Daily Mile – all of them could run the mile without stopping.

    “I knew it would improve their fitness,” she said. “But I saw more than that. The children were bright-eyed, less fractious, better behaved and seemed happier. It improved their mental and physical well-being so much so that our children now think it is normal to run.”

    At St Ninians no time is wasted changing into running kits. The children run for 15 minutes in the clothes they wear in the classroom and then get back to work.

    “It costs nothing and the children enjoy it,” she said. “You just need passion, not facilities.”

    The GO Run For Fun Foundation shares a similar ethos.

    The campaign was launched by INEOS in September 2013 with a £1.5 million donation spread over three years to encourage children to run for fun.

    Chairman Jim Ratcliffe, who is a keen runner, hoped 100,000 children would have taken part in one of 100 planned events in the UK by the end of July 2016.

    To date, more than 188 events have been staged, not only in the UK, but in mainland Europe and Texas in the USA, and the 100,000th runner crossed the finish line at Wavertree Athletics Track in Liverpool last month (November) – six months ahead of schedule.

    “We have been amazed by the response from around the world,” said campaign manager John Mayock, a three-time Olympic finalist and Commonwealth Games medallist. “It’s fantastic to be making such progress.”

    And that progress is set to continue as INEOS and its new partners seek an antidote to today’s modern ills.

    5 minutes read Issue 9
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    A new horizon

    Opportunities can come knocking at any time. The secret is to be ready, as INEOS knows only too well

    INEOS could be sitting on another pot of gold.

    First, though, it needs to convince the European Union that it should invest some of the €80 billion, which the EU recently set aside for world-class research and innovation, in its ideas.

    “This is a great opportunity for us because it coincides with so much of what we are already doing,” said Greet Van Eetvelde, who manages INEOS’ Carbon & Energy Network and energises its Research & Innovation issue team. “We just need to be more visible and get involved because there is so much public support out there. Today these organisations can provide 100% of the funding for a project in industry which is fantastic motivation for collaboration.”

    Greet was talking to INCH after the European Union announced the latest funding under its Horizon 2020 project, its biggest-ever programme to encourage research and innovation.

    “This investment is intended to help reinvigorate the chemical industry,” she said.

    Manufacturing plays a central role in the European economy. It turns over €7 trillion a year and provides 30 million direct jobs. Over the past few years, though, Europe’s ability to compete on a world stage has been slowly eroded by spiralling energy costs and restrictive legislation. And as companies have struggled, many R&I budgets have suffered.

    Carlos Moedas, Commissioner for Research, Science and Innovation, said the EU needed to do something to increase Europe’s competitiveness.

    “Research and innovation are the engines of Europe’s progress and vital to addressing today’s new pressing challenges like immigration, climate change, clean energy and healthy societies,” he said.

    Horizon 2020 was launched on January 1st, 2014. Over seven years it has invested €77 billion to support Europe’s economic competitiveness and extend the frontiers of human knowledge. The EU research budget is focused mainly on improving everyday life in areas like health, the environment, transport, food and energy. It also wants to make it easier for the public and private sectors to work together on innovative solutions.

    INEOS is already working furiously behind the scenes on a raft of initiatives. And it is linked to Horizon 2020 through its membership of a host of organisations including SPIRE (Sustainable Process Industry through Resource and Energy Efficiency), SusChem and PlastEU, all of which have added value to INEOS and help to raise its profile.

    “All of these platforms share a similar ethos and are aimed at finding new ways of thinking and working to make the European industry more resource and energy efficient,” said Greet.

    At INEOS she steers the company’s Carbon & Energy Network. It is made up of all businesses with over 100 representatives, all of whom have a genuine interest in improving efficiency in the most sustainable way.

    Unlike other companies, INEOS does not have – nor does it want – a separate sustainability department. Instead it views it as a fundamental part of how it does business. It wants everyone to think about running the business in a way that safeguards it for generations to come.

    The same applies to Greet’s network. All its members work elsewhere in the company.

    But for Greet the focus is not just about saving energy.

    “It is about seizing the opportunities that are all around us and not let them pass by,” she said. “As ever you have got to fall before you fly. But nothing ventured, nothing gained. If we can develop a good track record, we can hopefully attract more investment for INEOS.”

    And that is the aim of creating a dedicated R&I team, within the Carbon & Energy Network, focusing initially on new opportunities.

    In December Greet addressed the 7th European Innovation Summit at the European Parliament in Brussels.

    “It is so important that we challenge business scenarios and solutions,” she said. “Why not make roads out of plastic? It’s not the general thought but it is about thinking outside the box.”

    She said it was vital that all the key industries – chemical, steel, cement minerals, life sciences and engineering – found ways to make the most of their processes by sharing waste streams and resources.

    Currently, poor understanding of each other’s processes is hindering that development, which she believes is critical if industry is to properly face the challenges ahead.

    “We need to move from linear value chains to industrial symbiosis,” she said. “All these industries have more in common than they realise and they can work more efficiently together. Let them cross over.”

    Greet said INEOS Technologies in France was currently starting a four-year European project to find ways for the six global process industries to work better together to save energy, money and resources.

    The idea for the €5.1 million EPOS project, €3.7 million of which is being funded by the European Union and €1.4 million by the Swiss government, came about through SPIRE.

    “When the industries got together recently, they thought they had nothing in common, so the mediator asked them to treat it like a speed dating exercise” said Greet. “Within minutes they realised they could work together. It was like ‘oh, you have those. We need those’.”

    All these platforms, programmes and projects – SPIRE, Horizon 2020 and SusChem – are focused on creating a more sustainable world.

    “We only have so much in terms of resources,” said Greet. “So we need to challenge our thinking in ways we have never done before.”

    And that’s something that might just be possible, thanks to the latest boost from the European Union’s Horizon 2020 programme.

     

    INEOS shares in the windfall

    INEOS is no stranger to winning over the European Union.

    Working in partnership with others, it has successfully secured millions of investment for projects that have helped to improve energy efficiency, stop resources being wasted and cut emissions.

    INEOS O&P (Köln), INEOS Oxide in Belgium, INEOS Paraform (a part of INEOS Enterprises) in Germany, INEOS Chlor in the UK and recently INEOS Technologies in France have all been pro-active.

    “All of these projects have either been successfully completed or are ongoing,” said Greet Van Eetvelde, manager of Cleantech Initiatives.

    INEOS Paraform won EU funding to implement a novel purification technique to treat waste air in the manufacturing process of paraformaldehyde.

    The plant, which has been producing chemicals at its site in Mainz, Germany, since 1856, needed to dramatically improve its emissions.

    “At the time no feasible technology existed to improve the situation so the plant had been running with an exemption permit” said project manager Horst Schmolt.

    INEOS carried out tests in a laboratory and a pilot plant showed that emission levels could be considerably reduced by setting up a plasma catalytic waste air treatment module on a large scale.

    “It was something no one in our type of industry had ever tried before,” said Horst. “But it worked.”

    Meanwhile, INEOS Chlor in the UK helped to secure investment towards developing a new computer system to help companies run their businesses more efficiently, and INEOS Oxide in Belgium worked with representatives from 17 companies from France, Germany, Spain, Norway, Denmark, Russia, Italy and the UK to secure investment to develop a new way of producing liquid fuels from natural gas.

    Dr Stefan Krämer, site energy manager at INEOS O&P (Köln), is currently involved in two projects which have received a total of €5.5 million in funding from the EU.

    One will be creating a system that allows the operators of large integrated chemical and petrochemical plants to manage resources and energy more efficiently without affecting production. That system is now being developed so that it can be used by other industries with similar production set-ups.

    The other seeks to improve the reliability and efficiency of large interconnected systems, such as electric power systems, air traffic control towers, railway stations and large industrial production plants.

    The latest to benefit is INEOS Technologies in France which is starting a four-year European project to find ways for the six global process industries to work better together to save energy, money and resources.

    Greet said it was vital that all the key industries – chemical, steel, cement, minerals, life sciences and engineering – found ways to share waste streams and resources.

    “All these industries have more in common than they realise and they can work more efficiently together,” she said.

    11 minutes read Issue 9
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    Safe and sound

    It’s easy to get bogged down in statistics and procedures when companies talk about safety. But that’s the last thing INEOS wants, as Simon Laker explains

    THOMAS Edison once famously said: Hell, there are no rules here, we are trying to accomplish something.

    As a company, INEOS rather likes that concept. It thrives on being different and applauds its staff for taking calculated risks.

    But when it comes to safety, the rules cannot be broken. They are there to protect people – both inside and outside the business – from harm.

    “No one should ever go home from INEOS with any injury, let alone a life-changing injury, or worse still, not go home at all,” said Simon Laker, INEOS Group Operations Director who is based at Lyndhurst in the UK.

    Its rules about safety are there, not only to be understood, but championed by all.

    “Sometimes it is easy to lose sight of the spirit behind what we are trying to do,” said Simon. “We are not machines. Decisions have to be made by people and getting those decisions right every day is how we stop injuries and major process incidents.”

    Although each business in INEOS is responsible for its own safety programmes, INEOS also adopts a group-wide approach to safety because similar incidents can happen at any one of its sites and the sharing of best practice is critical.

    “We don’t rely on luck,” says Simon. “Safety is the conscious management of risk. Ensuring people do not get hurt relies on the assessment we make of risk and the decisions we take to eliminate or mitigate that risk. If we get those wrong, someone gets hurt.”

    INEOS’ most frequent and serious incidents have led to a number of safety initiatives across the Group, which employs more than 17,000 people at 65 sites in 16 countries.

    In 2012 it introduced the 20 Safety Principles after analysing eight years of incidents in INEOS alongside significant events outside the company, including the explosion at the Buncefield oil depot in the UK in December 2005 in which 43 people were injured when thousands of gallons of petrol overflowed a storage tank and caught fire.

    INEOS’ root causes – and solutions – to ensure an incident doesn’t happen again are enshrined in those 20 principles, and every three years all sites are audited to ensure that what needs to be done, is done.

    “We have reviewed all the serious incidents since the 20 principles were introduced and have found that the incidents occurred because one or more of the principles were compromised,” said Simon. “From that we believe that if everyone implemented and adhered to the 20 principles we would eliminate all people and process incidents at INEOS.”

    Best practice is shared through its INEOS’ group guidance notes. It currently produces 16 notes that cover everything from managing corrosion to identifying safety critical alarms, and it is in the process of producing three more.

    “All three have been driven by repeat incidents concerning these critical activities,” said Simon.

    Together the guidance notes and safety principles act as a powerful tool to help keep staff focused on what needs to be done to keep everyone safe from harm. And it’s a continual process of training, feedback and auditing.

    But accidents do still happen.

    “We aren’t yet perfect,” said Simon. “But we must strive to be.”

    Specific holes – areas where INEOS noticed that accidents were still occurring – have now been plugged with seven life-saving rules which were introduced due to the potential for serious injury in these areas.

    Anyone who flouts one of those rules, which cover everything from working at height to drinking alcohol at work, faces instant dismissal.

    Over the past six years INEOS’ safety record has improved threefold. But despite a reduction of OSHA injury frequency from 1.13 to 0.4, Simon says that lessons are always there to be learned.

    Group SHE alerts – simple, one page descriptions of any accident and what actions have been taken to avoid it happening again – are widely circulated.

    So too are HIPOs – high potential incident alerts – where something could have gone wrong, but didn’t. They are equally as important and shared across the Group.

    The chemical industry will always be, by its very nature, a potentially hazardous place to work but by following the rules, accidents can be avoided.

    And Simon remains positive about the future.

    So can INEOS stop all injuries?

    “Absolutely,” he says. “If a work activity is fully risk assessed by knowledgeable people, if those risks are mitigated and a conscious decision is made to accept any residual risk as tolerable, then nothing should ever go wrong.”

    He said unfortunately staff did not have an infinite amount of time to risk assess, so a conscious decision had to be made to stop looking once an acceptable level of risk had been reached.

    “When this is an unconscious decision, it’s just luck as to whether a significant risk is left or not,” he said. “If we have missed something then we rely on a robust ‘nearmiss’ reporting system to find the problem before it results in an incident. This is why ‘near-miss’ reporting is so important to keeping people safe. We don’t rely on luck.”

    And can INEOS prevent all process incidents?

    “Absolutely,” says Simon, “if we have well trained people running well-designed, inspected and maintained plants, within known operating envelopes. If any of these are not correct, either through lack of knowledge or a wrong decision, then at some point a process incident will occur which usually means a release and from then it’s just luck how bad it gets. If we find we are outside our sphere of knowledge, then we have to stop, make the situation safe and involve people who do have the knowledge. We do not rely on luck.”

    6 minutes read Issue 9
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    Debate: Can we really decarbonise the economy?

    LET us put aside the question of whether carbon emissions need to be reduced. If we assume that we do have to take action, there are cheap policies and expensive policies. Our (UK) government has chosen the expensive approach. By trying to pick technological winners and subsidising huge programmes, such as the proposed nuclear power station, the government is taking action that will lead to higher bills and lower reductions in emissions. Instead, we should have simple, straightforward measures aimed at pricing carbon emissions and then allow businesses, households and energy companies to decide how best to reduce emissions.
    Professor Philip Booth, Editorial and Programme Director at the Institute of Economic Affairs in London, UK

     

    IF we are to bring about decarbonisation, then we need to reform global economic governance. To do this, we need three things. Firstly, we need a global carbon price. Setting higher prices for goods and services with a large carbon footprint provides a greater incentive to reduce emissions. Rules for international trade and investment should also take account of climate change. Despite having made little progress in recent years, the World Trade Organisation remains a forum in which global regulations are designed and implemented. Concluding the Doha Round would allow more green issues to be added to the agenda going forward. Finally, if long-term, low-carbon investments are to be encouraged, it is necessary to reform the international financial system in such a way that commercial banks invest more in low-carbon projects. Current regulations leave little to no scope for doing so. Setting our sights high with regard to the Paris agreement is only the first step. But this will not be enough, as it will take many more actors to step up to the plate if we are to reform global economic governance. We need to keep moving forward after Paris.
    The German Development Institute

     

    DYNAMIC change is happening in energy supply, but the change needs to happen faster. There are no major economic or technical barriers to moving towards 100% renewable energy by 2050. The renewable energy sector is delivering change, but political action is needed to ensure it happens in time. It is up to political and business leaders to steer industry, influence consumers and stimulate markets towards renewable energy and energy efficiency.
    Greenpeace

     

    CLIMATE change is a big problem, and it needs big technologies. New nuclear, new gas and, if costs, come down, new offshore wind will all help us meet the challenge of decarbonisation. But it is important to pause and answer this question: ‘what are we decarbonising for?’ Climate action is about our future economic security. But climate change is a global problem, not a local one. Action by one state will not solve the problem. It’s what we do together that counts. But it will not be solved by a group of over-tired politicians and negotiators in a conference centre. It will take action by businesses, civil society, cities, regions and countries. Let’s be honest with ourselves, though, we don’t have all the answers to decarbonisation today. We must develop technologies that are both cheap and green. We need to work towards a market where success is driven by your ability to compete in a market. Not by your ability to lobby Government.
    Amber Rudd, the UK Government’s Secretary of State for Energy and Climate Change

     

    THE need to reduce global GHG emissions is not news, but there is an increasing urgency of what we have known for decades: we must transition to a low-carbon, green and resource-efficient global economy to mitigate the risk of dangerous climate change. It is apparent, however, that a key player in this transition has been largely overlooked: the financial sector. It has a pivotal role to play in reducing global emissions of greenhouse gases at the required pace and scale, because first, and perhaps most obviously, that’s where the money is. Large amounts of capital are needed for investment in the rapid development of low-carbon energy infrastructure, particularly in developing and emerging economies. The potential role that institutional investors can play in addressing climate change, however, goes far beyond the issue of infrastructure finance. Institutional investors are more than infrastructure financiers: they are owners and creditors of large segments of the global economy. And quite simply, if institutional investors do not systematically reallocate capital from high-carbon to low-carbon investments, particularly in corporate equity and debt, a transition to a low-carbon economy will be virtually impossible.
    Achim Steiner, executive director of UNEP and under-secretary general of the UN

    5 minutes read Issue 9
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    Merger creates winning combination

    INEOS and Solvay have combined their chlorvinyls businesses to give customers a better deal – and keep them at the heart of Europe’s chemical industry.

    INOVYN is now one of the top three PVC producers in the world.

    “This is now truly a world-scale business, and well placed to respond rapidly to changing European markets,” said Chris Tane, CEO of INOVYN.

    News that the joint venture had received European Commission approval was quickly followed by further announcements in September, which included the suspension of the last remaining mercury cellroom at Runcorn in the UK to meet EU requirements, the planned permanent closure of its PVC production facility in Schkopau in Germany and the proposed major investment in a huge production facility at its Antwerp/ Lillo site in Belgium.

    Production at Schkopau had been suspended since December 2014 because its VCM supply contract with DOW had expired, and sadly all attempts to agree a new competitive long-term contract had failed.

    In Belgium, though, work had begun on a largescale plant – using the latest technology – to underpin INOVYN’s position as Europe’s leading supplier of potassium hydroxide.

    INOVYN, whose headquarters are in London, employs 4,300 people at 18 manufacturing sites in eight countries. The business has an annual turnover of more than 3.5 billion Euros.

    Every year it manufactures 40 million tons of chemicals which find use in almost every aspect of modern society, keeping people housed, healthy and connected.

    As part of the deal, Solvay, which has a strong heritage in the chlorvinyls industry, will exit the joint venture in 2018, leaving INEOS as the sole owner of the business.

    2 minutes read Issue 9
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    INEOS opens new UK office

    INEOS is opening a new office in London to house its growing UK businesses.

    The offices will provide a home for a number of INEOS UK businesses, including its oil and gas ventures, its shipping business and its trading business.

    The building will also be home to the joint venture INOVYN, which controls 14 manufacturing sites across Europe including the massive Runcorn facility in Cheshire.

    “It makes perfect sense,” said Jim Ratcliffe, INEOS chairman and founder. “Although INEOS has business interests across the world, the UK oil and gas business is a key focus for us at the moment.”

    Rolle in Switzerland will remain the headquarters for INEOS Group and a number of well-established INEOS businesses. INEOS will now formally refer to itself as an Anglo/Swiss company.

    1 minute read Issue 9
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    INEOS to restart US reactor

    INEOS is to restart a reactor which it temporarily shut down three years ago amid difficult market conditions.

    Although conditions are still tough, INEOS Nitriles is buoyed by the growing global demand for acrylonitrile – the key ingredient in both acrylic fibre and carbon fibre – and its access to cheap US raw materials.

    INEOS Nitriles is the world’s largest producer of acrylonitrile and acetonitrile. Its plant in Green Lake, Texas, is one of the largest and most efficient in the world and will soon once again be capable of producing 545,000 tonnes of acrylonitrile every year.

    Manufacturers use acrylonitrile to produce synthetic fibres, engineering plastics, carbon fibre, synthetic ubber and water soluble polymers. Those products are then used to make car parts, clothing, construction materials, household appliances, and sports equipment to name a few. “The chances are that acrylonitrile touches everyone in some way, every day,” said Commercial Director Gordon Adams.

    There was also some good news for INEOS Nitriles’ Seal Sands asset with a promise to invest in the scheduled turnaround next year.

    INEOS Nitriles operates four plants worldwide, two in North America, one in Germany and one in the UK. It had halved its production of acrylonitrile at its Green Lake facility in January 2014 due to ‘unsustainable margins’.

    2 minutes read Issue 9
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    Runaway winners

    INEOS’ GO Run For Fun charity found itself in the running for two Cannes film awards in October – and won both.

    It was honoured at the Cannes Corporate Media & TV Awards, one of the world’s most important festivals in the corporate audiovisual industry, for its Dart TV educational cartoon series.

    GO Run For Fun commissioned the series, which is free to schools, to encourage children to embrace a healthier and more active life.

    Chairman Jim Ratcliffe, a keen runner himself who founded the charity, joined the Dart TV production team from London-based Media Zoo in Palm Beach, Cannes, to pick up the awards for best CSR programme and best Webisode programme.

    GO Run For Fun was set up two years ago. Since then almost 100,000 children from all over the world have got involved. “It has exceeded all my expectations,” said Jim.

    All the Dart films can be found on the GO Run For Fun website www.gorunforfun.com

    2 minutes read Issue 9
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    INEOS shares good news

    INEOS has agreed to supply a third gas cracker in Europe with the ethane it plans to import from America.

    The deal with ExxonMobil Chemical Ltd and Shell Chemicals Europe BV was finalised last month (November)

    From mid-2017 INEOS’ US shale-derived ethane will be piped from the new import terminal at Grangemouth to the Fife Ethylene Plant at Mossmorran.

    “This is a landmark agreement for everyone involved,” said Geir Tuft, Business Director at INEOS O&P UK. “We know that ethane from US shale gas has transformed US manufacturing and we are now seeing this advantage being shared across Scotland.”

    INEOS will now supply ethane from US shale to its sites at Rafnes in Norway, and Grangemouth and the Fife Ethylene Plant in Scotland.

    1 minute read Issue 9
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    Sweet smell of success

    INEOS has bought an aromatics business for almost $63 million.

    The deal will see INEOS Phenol take over Axiall Corporation’s cumene factory in Pasadena in Texas, America, and transfer its phenol, acetone and alpha- Methylstyrene (AMS) business to INEOS Phenol’s plant at Mobile in Alabama.

    About 43 people currently work at the Pasadena factory which began operating in 1979 and today manufactures 900,000 tons of cumene every year. Cumene is used to make phenol and acetone, both of which are used in a range of everyday products, including plywood, plastics, pharmaceuticals, paints, acrylics and varnishes.

    CEO Casier said the acquisition of such good quality, well-placed assets presented INEOS Phenol with an excellent opportunity to further improve its competitiveness.

    “We are already a leading producer of phenol and acetone,” he said. “But through selective investments in new assets and new technology, we intend to further develop our business and grow with our customers.”

    2 minutes read Issue 9
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    The Nine Billion People Question

    The world is filling up. Sustainability must be at the top of everyone’s agenda if we are to survive as a species on a planet with limited natural resources. But with the global population expected to top nine billion in 2050, how can we do both? It’s become the nine billion people question. And opinion is divided

    BRITAIN’S best-known natural history film-maker Sir David Attenborough is not a man to mince his words. Neither is he prone to exaggeration.

    Over the past four decades, he has seen parts of the natural world destroyed by mankind to such an extent that animals no longer exist. He has literally witnessed nature change in front of his eyes.

    And he blames the growing population.

    “I have no doubt that it is the fundamental source of all our problems, particularly our environmental problems,” he said in a recent interview with The Wellcome Trust. “I cannot think of a single problem that wouldn’t be easier to solve if there were fewer people.”

    He said during his career, the world’s population had tripled.

    “If we are able to stem it, we might have a better chance to grapple with the problems but we cannot,” he said. “The best we can do is slow down the rate of increase. I thank God that the Trust has administrators who are scientists, not politicians.”

    Last year in an interview with INCH magazine, Jonathon Porritt, one of the world’s leading environmentalists, said he too was putting his faith in the chemical industry to play a pivotal role in tackling the challenges of sustainability.

    And it is.

    Since the first historic Earth Summit in Rio de Janiero in 1992, the global chemical industry has helped to enable farmers adopt sustainable agricultural methods and ensure more and more people can access cleaner, safer drinking water.

    Further work has led to medical breakthroughs, transformed the way energy is used and helped to cut greenhouse gases.

    The International Council of Chemical Associations, the worldwide voice for the chemical industry, said such progress had been the result of innovative ideas, technologies and processes all made possible through chemistry.

    INEOS is one such company which works to develop innovative, sustainable solutions to complex and challenging issues because it recognises that it can have enormous influence on what the world does now – and in the future.

    One of its products that makes a huge difference to the world’s nutrition and health is acetonitrile, which is used to make essential drugs such as insulin and antibiotics, and also plays an important role in treatments for cancer. The clear, liquid solvent is also used to produce agrochemicals which ensure higher crop yields. INEOS currently meets about half of the global demand for acetonitrile. And much of what it doesn’t produce is manufactured by others using its licensed technology.

    There is no doubt that humanity faces profound questions about how the planet is to sustain nine billion people beyond 2050. Demand for food is rising, natural resources are challenged, and climate change has created a need for new, lower carbon energy sources.

    Tim Benton, a professor of population ecology at the University of Leeds in the UK and a food security expert, said people had to understand – and recognise – the finiteness of the world to give us what we want.

    “It is the only way we’ll ever approach sustainability,” he said. “Demand is the killer. And unless we tackle demand, we will over exploit land and water and accelerate climate change.”

    By 2050 the planet will have to feed a third more people but there is only so much land that can be farmed.

    “Surely technological advances will make our use of land more efficient, but we cannot extract ever more from ever less,” said Tim. “The only way we’ll ever approach sustainability is to moderate our demand.”

    He said the world currently produced enough calories for 12 billion people but people in the developed world ate too much, a good proportion went to feed livestock and the rest was wasted.

    “It’s not about formulation and individual nutrients, or 3-D printers,” he said. “It’s about building resilience, reducing waste and modifying our diets. In future, the agriindustry cannot persist with the ‘demand is growing, we have to supply it at all costs’ mentality. It simply has to change.”

    Friends of the Earth, which has been campaigning for more than 40 years to improve the well-being of the planet, recently launched its Big Ideas Change the World, a three-year project.

    A spokesman said the extreme pressure that people, predominately those in developed countries, had put on the planet needed to be significantly and rapidly reduced.

    “It is a herculean challenge and, without a global population peak this century, it may well be impossible,” he said.

    But opinion, about whether the world is doomed or not, is divided.

    “It has been a race between the exhaustibility of resources and innovation and so far innovation has won,” Citi’s chief economist Willem Buiter recently told INCH magazine. “We have several thousand years of human history to support us on that so I am reasonably optimistic.”

    Robert Aliber, a professor of international economics and finance at Chicago University, said he too remained untroubled.

    “Thomas Malthus predicted in 1798 that unchecked population growth would doom the Earth to starvation,” he said. “He has been proved wrong for the past 200 years so why should he be right in the next 100?”

    Overcrowding is a problem in some corners of the world. That’s a fact that cannot be denied.

    Award-winning Danish photographer Mads Nissen said he witnessed the problem of too many people living in too little space when he visited Manila in the Philippines nine years ago.

    In 1980, 50 million people lived in the Philippines. That number is expected to rocket to 180 million by 2050.

    “Manila is already one of the most overpopulated places on earth,” he said. “Families live in home-made shacks built in cemeteries, or between railroad tracks or under bridges. They live wherever they can find some space. Even the city’s toxic garbage dumps are home to people who eat, sleep and live surrounded by rotting trash.”

    But the World Population Balance believes that the future can be changed in a humane way.

    “We can create a new vision, a new dream for the planet,” said founder and president David Paxson.

    He said the solution was a global campaign to encourage people throughout the world to have fewer children.

    “Today we are spending millions to create a more sustainable planet but all we are getting is a more polluted one,” he said. “Sustainability on an overpopulated planet is impossible and the world is significantly overpopulated right now.”

    He claimed two billion people now lived in poverty. “That is more than the population of the entire planet less than 100 years ago,” he said.

    Mr Paxson said it would be an uphill battle to successfully cut the population but nothing compared with coping with overpopulation’s devastating consequences.

    The debate over how on earth we can feed nine billion people will continue to divide opinion.

    But as that debate continues, it falls to the chemical industry, which is at the start of almost all other industry, to continue to focus its efforts on producing essential items to help tackle many of the issues presented by an ever-changing world – in a more efficient way and in a way that not only reduces its own impact on the environment, but also the impact of industries it serves.

    And it is not just about saving money. INEOS knows it has a huge responsibility to provide the materials necessary for the technologies of tomorrow, to use fewer raw materials to help society to consume less energy in a world with finite resources.

    That is why you’ll find INEOS at the heart of the chemistry behind our basic human needs. The need for food, transport, communications, water. And for energy.

    It has been providing that chemistry for years. And it intends to do so for generations to come.

    10 minutes read Issue 8
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    The Most Crowded Place On Earth

    If you love people watching, Mong Kok is the place to be – if you can stand the crowds.

    For this Hong Kong district is believed to be the most densely populated place on planet Earth.

    With more than 340,000 people per square mile, nothing comes close.

    Charles Reynolds, though, who has lived and worked in Hong Kong for the past nine years, says it doesn’t feel overly crowded.

    “I have been to other places where it’s just chaotic and people cannot move,” he said.

    “But in Mong Kok the foot traffic flows quite nicely.”

    Just about everything you can imagine is bought, sold or haggled over in Mong Kok where there are entire streets dedicated to selling luck-bringing goldfish, flowers, kitchenware and bath tubs.

    1 minute read Issue 8
  • clean-energy-banner.jpg

    Clean Energy

    Global demand for energy has been rising ever since the 18th century when mankind started using the earth’s natural resources to fuel the Industrial Revolution. It brought great change across the world. But the recent rapid industrialisation of countries like India and China continues to fuel a further huge increase in demand. So what does the future hold?

    THE demands for global energy are unlikely to trouble the average man or woman in the street.

    But Governments, scientists, academics, environmentalists and energy-intensive companies like INEOS are continually looking at improving energy efficiency. It’s a major concern.

    Fossil fuels currently feed manufacturing plants around the world, where tons of chemicals are manufactured every day so that others can produce everything from paints to plastics, medicines to mobile phones and cars to clothing.

    “Many of the problems that threaten mankind’s survival on the planet results from the increased consumption of energy, water and raw materials,” said a spokesman for Friends of the Earth Europe.

    So what are the alternatives? Could wind farms and harnessing the sun’s power hold the answers?

    Yes, say Friends of the Earth Europe.

    In part, says INEOS. They are part of the energy mix but they won’t meet mankind’s needs all the time.

    It will take decades, however, to fully transform how Europe generates electricity and heat, so in the interim INEOS has to rely on fossil fuels to meet its energy needs. But gas has around half the emissions of coal, so INEOS believes it has an environmental duty to encourage a move towards gas rather than coal.

    Renewable technologies are important customers of INEOS. INEOS make the raw materials that go into wind turbines and into solar cells. Raw materials that are made from the molecules we get from gas.

    “Gas is needed in the long-term as a raw material to underpin manufacturing” says Leen Heemskerk, Chief Financial Officer of INEOS Olefins & Polymers Europe (North).

    Gas is not just a fuel that INEOS burns for energy. t is also a raw material used in the manufacture of chemicals that have application in a wide range of essential products including medicine, clothing, buildings, vehicles, computers, and green technologies, such as wind turbines and energy efficient materials.

    INEOS will still need gas to make these essential items once it has made the transition to low-carbon energy. It is vital, therefore, that Europe has a secure and competitive long-term supply of gas to underpin the future of the manufacturing sector.

    “INEOS support the innovation drive to find alternative energy sources but we need to be realistic at what pace we can de-carbonise our economy,” said Leen.

    The world currently consumes about 529 quadrillion British thermal units every year. Fossil fuels currently supply nearly 80% of the world’s energy. And industry, which supplies the products on which society depends, is its biggest customer.

    America, with just 5% of the planet’s population, currently consumes about 20% of the world’s total energy supply.

    But the global demand for energy is expected to double by 2040 as people in India and China, which between them contain more than a third of the planet’s people, get richer and want more energy-consuming goods such as computers.

    Environmentalists say society must change its ways if it is to avoid an energy crisis and have a hope of averting climate change.

    Increased regulation and restrictions on greenhouse gases, have helped, they say.

    But Friends of the Earth Europe believes wealthy nations also need to cut down on the amount of energy consumed.

    So too does the European Commission.

    It is setting ambitious targets for Europe that could ultimately force industry to drastically cut down on the amount of energy it uses.

    Video

    Gas! Who needs it?

    00:00

    INEOS argues that this could have unintended consequences, including a shift of investment and a growth of industry outside of europe.

    “There is a very big misunderstanding of the chemical industry,” said Greet van eetvelde, INEOS Manager of Cleantech Initiatives. “We are energy intensive but we are not energy inefficient. We are continually looking at ways to reduce the amount of energy we use to produce our products. It makes good business and environmental sense. But we are also carbon intensive. We use those gas molecules as raw materials. We still have got a long way to go before the officials understand what we are about. To them, industry is just industry. But the process industry is different, and without the chemical industry in particular, modern life would not be possible.”

    Dan Byles, chairman of the UK Government’s All Party Parliamentary Group for Unconventional Oil and Gas, said it was not whether the world wanted low carbon energy that was in question. “It is the pathway to getting there,” he said. “Gas must be seen as a bridging fuel between an energy system still dominated by oil and coal and the low carbon future energy mix that we all want to see.”

    He argued that a choice should not be forced between gas or renewables. “We need both,” he said. “And we will do for some time.”

    Coal – the worst offender – has fuelled China’s meteoric rise from a small, emerging market into the second biggest economy in the world. But it’s come at a huge cost to the environment, with China now emitting more CO2 than any other country in the world.

    Last year China’s dependence on coal fell for the first time this century and was coupled with a rapid increase in the use of renewable energy.

    That, said Greenpeace east Asia, gave the planet a ‘window of opportunity’.

    “The significance is that if the coal consumption growth we have seen in China in the last 10 years went on, we would lose any hope of bringing climate change under control,” said Lauri Myllyvirta, energy campaigner at Greenpeace east Asia. “It may not be the peak yet but it is a sign that China is moving away from coal.”

    Alternative energy sources need to be found because, as the world’s population grows, so too will the demand for energy.

    In the developed world, access to safe, reliable and affordable energy has transformed people’s lives – and it could do the same for those living in the poorest places in the world.

    One who wants to see that happen is Microsoft founder Bill Gates, one of the richest men on earth.

    “In the rich world, we are right to worry about conserving energy, but in poor places, people need more energy,” he wrote in a recent blog. “For countries to lift themselves out of poverty, they need lights in schools so students can study when in the dark, refrigerators in health clinics to keep vaccines cold and pumps to irrigate farmland and provide clean water.”

    Mr Gates said the onus was now on wealthy countries like the US to invest more in research into clean energy.

    “It’s about developing energy sources that produce zero carbon,” he said.

    The chemical industry, although it consumes much of the world’s energy supply, is at the heart of many of those developments – and is helping to decarbonise the world economy.

    Global emissions have been cut thanks to improvements – driven by the chemical industry – in insulation materials for the construction industry, chemical fertilisers and crop protection, plastic packaging, lighting, marine anti-fouling coatings, synthetic textiles, automotive plastics, low-temperature detergents, engine efficiency, and plastics used in piping.

    “These savings highlight the vital role of the chemical industry in decarbonising the economy,” said a spokesman for the International Council of Chemical Associations. “In reality, achieving the equivalent CO2 savings without the benefits of chemical products and technologies would not be possible.”

    The use of chemistry in energy-saving products, such as building insulation, compact fluorescent lighting, and lightweight plastic vehicle parts, saves America alone up to 10.9 quadrillion Btus of energy and up to $85 billion in energy costs annually.

    In layman’s terms, that means the US has cut its energy consumption by 11% and has saved the energy needed to power 135 million vehicles for a year.

    “That is 55% of all the cars on the road today,” said Ryan Baldwin, spokesman for the American Chemistry Council.

    The International Council of Chemical Associations said recently that chemical products for vehicles were now saving 230 million tons of greenhouse gas emissions every year.

    And INEOS is at the heart of many of the advances being made by manufacturers to make cars lighter, stronger and more fuel efficient. Plastic is one. Carbon fibre is another. But there are also a host of other raw materials made by INEOS that are finding their way into fuel efficient tyres, and synthetic oils that are improving engine efficiency.

    INEOS also manufactures components for wind turbine and products for the solar industry. In short, it is enabling other industries – the renewables sector – to save energy and cut CO2 emissions.

    The transition to renewables, though, is unlikely to happen overnight because, although the renewable sector is growing, it is not growing fast enough and the available green technologies do not generate enough energy all the time to meet the demand.

    The National Academies, advisers to America on science, engineering and medicine, says reducing the amount of energy lost is as important to our energy future as finding new sources.

    “Gigantic amounts of energy are lost every minute of every day in converting it into a useable form,” said a spokesman.

    That, too, is an area in which INEOS works creatively. It has to, if it wants to stay in business in Europe where the cost of energy is now twice as high as it is in America.

    “We have got to continually maximise our energy efficiency,” says Jean-Noel Large, who has been given the job of improving the efficiency of the Petroineos at Lavera in France. “It is up there with the safety of the site.”

    13 minutes read Issue 8
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    Shale Gas Is The Path To The Future

    INEOS’ decision to pursue shale gas exploration in the UK has set it on a collision course with environmentalists and protest groups. But INEOS is not one to run from a challenging situation especially when it believes it is the right thing to do.

    INEOS is now officially the third largest shale gas company in the UK.

    Its deal with IGas – announced in March and finalised in May – has now given it access to almost a quarter of a million acres of potential shale gas reserves in Scotland and the North West of England.

    “These are first-class assets that have the potential to yield significant quantities of gas in the future,” said Gary Haywood, CEO of INEOS Shale.

    In August INEOS was awarded three additional shale gas licenses from the UK Government. The additional acreage cements INEOS position as one of the UK’s leading shale gas businesses.

    The company believes an indigenous shale gas industry will revolutionise manufacturing in Britain (currently one of the most expensive places in the world to make petrochemicals), give the UK energy security for the first time in many years, and create thousands of jobs.

    But public support remains a challenge for this nascent industry across the UK.

    In March INEOS had been buoyed by a Greenpeacesponsored survey which revealed more people in the UK supported fracking than opposed it.

    “It clearly showed that more and more people are seeing the potentially huge benefits of UKproduced shale gas,” Tom Crotty, INEOS CorporateAffairs Director, said at the time. “UK shale gas is a once-in-a-lifetime opportunity that we cannot afford to miss. North Sea oil created great wealth for the UK and shale gas can do the same.”

    Opponents of fracking claim it is dangerous and disruptive, triggers earthquakes, contaminates drinking water and the air we breathe.

    Supporters say – done properly – it is safe, provides countries with a valuable domestic resource, creates jobs, underpins manufacturing and will help to cut CO2 emissions.

    America is already proof of that. There, fracking has led to a manufacturing renaissance, created thousands of jobs, driven more than $150 billion worth of investment – and helped to slash US carbon emissions by displacing coal, which emits twice as much CO2 as gas. In 2012 energy-related CO2 emissions, according to the national Energy Information Agency, fell to their lowest level since 1994 because of shale.

    In April and May this year INEOS met with local residents for the first time, as part of a concerted effort to explain the facts around shale gas development, and answer the questions posed by people in the Scottish local communities which would be directly affected.

    “There will always be a hard core of opponents who are philosophically opposed to fossil fuel development, despite shale gas having only half the carbon footprint of coal,” said Gary. “However, many local residents fear shale development for more local reasons – and these are the people INEOS wants to address, to reassure them of the impacts of shale development. We believe that most people are open-minded about shale development, but want more information. It is an important part of our job to give people the facts, so they can make an informed decision on whether shale gas can happen safely and successfully within their communities – which we very much believe it can.”

    The meetings achieved their goal and communities appreciate the opportunity to hear from INEOS first hand, and the opportunity to get their questions answered.

    The team will be following up the first set of public meetings with exhibition-style events in Scotland in September.

    “Reassuring people that the industry can operate without long-term damage to the environment or their way of life is critical,” said Gary. “It is also vitally important to make the case for why shale gas development is beneficial for communities, and for the country.”

    Shale gas is widely viewed as the most important bridge to any future renewable – and affordable – energy source because of its low carbon footprint – half that of coal.

    As it stands, rising energy costs in Europe threaten to undermine the ability of manufacturers in the EU to compete on the world stage.

    The UK is currently losing jobs to the US where they have access to cheap gas, thanks to shale. In an attempt to protect its UK petrochemical business before it’s too late, INEOS is already investing $1 billion to import shale gas from America to make its site in Grangemouth profitable and to enable the long-term growth of its site at Rafnes (Norway). In a world first, those shipments of liquefied ethane will begin arriving in Rafnes later this year, and into Scotland next.

    “Our success in the UK depends on access to competitive energy and feedstock supplies,” said Tom. “Having access to more competitivelypriced feedstock and energy would transform the fortunes of the UK petrochemicals industry and help it to compete in a global market.”

    It is hard to believe that Britain – as the founder of the industrial revolution – was once the powerhouse of world trade.

    Today manufacturing in the UK is perceived as an industry of the past and has steadily declined with the loss of more than three million jobs over the past 20 years alone.

    Yet the chemical industry is even more relevant – and important than ever in helping to create a greener economy – today.

    Although it may still rely on fossil fuels to run its plants, it is estimated that for every ton of CO2 it uses, more than two tons are saved by its products, which include catalysts, insulation, components for wind turbines, and solar cells.

    Drilling for shale gas may be a new venture for INEOS in the UK, but the INEOS team is being guided by three world-leading pioneers who led the development of the first commercial shale play in the US, the Barnett Shale. Since the development of the Barnett, they have gone on to work on many other shale plays in the US and around the world.

    Petroleum engineer Nick Steinsberger and geologists Kent Bowker and Dan Steward, who are now working exclusively for INEOS in Europe, have more than 20 years of industry experience. They have drilled thousands of shale wells without encountering any major issues and will be advising INEOS on how best to safely access Britain’s vast reserves.

    “We believe our knowledge and experience in running complex petrochemical facilities, coupled with the world-class, sub-surface expertise we recently added to our team, means that INEOS will be seen as a very safe pair of hands,” said Gary.

    He added: “Shale gas is not about short-term speculation for us. It is about securing our manufacturing base which provides thousands of jobs in regional economies.”

    For information about shale gas visit:
    www.ineosupstream.com

    Video

    Gas! Who needs it?

    00:00

    Video

    Hydraulic Fracturing: The Facts

    00:00

    16 minutes read Issue 8
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    Köln Visit: Energy Efficient

    The European Commission wants drastic cuts in energy consumption in Europe. It argues that it will be good for the environment, for jobs, energy security and the economy. INEOS, which spends 1.3 billion euros on energy every year, begs to differ.

    THE European Commission is being urged to understand the significant day to day focus that the chemical industry has on improving its energy efficiency instead of imposing yet more targets. It is appealing to the Commission, which wants a 27% reduction in energy consumption by 2030, to see that saving energy is already a fundamental part of how INEOS operates.

    “We don’t need more regulations or targets,” said Tom Crotty, INEOS Group Communications Director. “Energy efficiency is already a core business value because it makes good business sense. And nearly every technology available and affordable to reduce energy consumption has already been installed at our sites. To us a further cut in energy consumption would mean a cut in production.”

    The Commission believes setting an ambitious energy efficiency target will be good for the environment, for jobs, energy security and the European economy.

    INEOS, which spends 1.3 billion euros on energy every year, says the target is unrealistic, unworkable for the chemical industry and threatens to kill the industry in Europe and, with it, six million jobs.

    INEOS believes the problem partly stems from the Commission’s lack of understanding about the importance and on-site reality of the chemical industry.

    “We already have a competitiveness problem in Europe,” said Tom.

    In a concerted effort to be heard amongst many people who responded to a European Commission consultation on its 2030 climate and energy policies, INEOS and CEFIC invited representatives from the Commission’s Directorate-General for Energy to visit the Köln site.

    “INEOS has been working with great success on energy savings for years,” said Gerd Franken, CEO INEOS O&P North. “And we believe our sites are amongst the most energy efficient in the world.”

    The Köln site in Germany employs 2,000 people from 28 nations, and covers an area the size of Monaco. It spends 90% of its expenses on energy and feedstock and uses enough to heat, light and power 200,000 homes.

    The site might use a lot of energy but that does not mean it is inefficient. Stefan Krämer, energy manager at the site, showed the DG Energy delegation how everyone on the site already worked together to save energy.

    “It is quite a challenge as internal energy networks at the INEOS site in Köln need to be balanced,” he said. “The nitric acid and acrylonitrile process, for instance, generates steam, and crackers and butadiene production need heat and therefore use steam.”

    By-product hydrogen, rather than being flared, is used thermally in the power plant instead of natural gas – a move that has saved 80,000 MWh a year of natural gas. And improvements to the cooling tower have saved a further 13,000 MWh a year of electricity.

    “INEOS really is determined to use and reuse everything it produces,” said Gerd, “It makes clear business and environmental sense.”

    During the visit, Brigitta Huckestein, Communications and Government Relations from BASF, the world’s largest chemical company, also appealed to the Commission to see sense.

    For the first-time ever BASF has announced a strategic cutback in European investment, citing stagnant markets, expensive energy and expensive labour.

    Brigitta said BASF was struggling to find any further measures to reduce its energy consumption and C02 emissions.

    The Ludwigshafen site of BASF is the biggest and most efficient, integrated site in Germany. But she argued that the integrated production would lose efficiency if a renewable energy surcharge was applied to selfproduced power from a CHP plant after 2017.

    “It will also reduce the competitiveness of this most energy-efficient installation,” she said. “In short, we already feel driven out. If regulations stipulate the production of basic chemicals in Europe as a measure to reduce European energy demand, we feel it will be dangerous for the German and European economy because value chains will be destroyed. And if conditions are not favourable, we will invest elsewhere.”

    Video

    Energy efficiency is already a core business value

    00:00

    Alistair Steel, a representative from CEFIC, which is the voice of the chemical industry in Europe, said affordable energy was the key to growth.

    “The competitiveness depends on the industry’s access to competitive, reliable energy supplies,” he said.

    The cost of producing ethylene in Europe is now twice as high as in the US where cheap shale gas has led to a manufacturing renaissance. And while INEOS’ profits in Europe have halved in the past three years, its profits in the USA have tripled.

    “We can only cut so much energy,” said Greet van eetvelde, Manager of Cleantech Initiatives and based at INEOS’ head office in rolle, Switzerland.

    “The European Commission has to decide whether it wants a chemical industry in Europe. It is impossible to meet these targets without significant investment and the economic climate in Europe makes this difficult.” even if INEOS wanted to fund clean technology, it faces an uphill battle.

    “Banks like safe bets,” said Tom. “They do not like new technologies. Often the funding of new technologies is also dependent on support by the government which includes a political risk.”

    Stefan said the chemical industry had been working on ways to make their production plants more efficient for years.

    “The self-commitment of the industry to energy efficiency started long before EU directives in 1996,” he said.

    Last year INEOS chairman Jim ratcliffe warned that Europe’s chemical industry was facing extinction within a decade.

    “I can see green taxes. I can see manufacturing being driven away,” he wrote in an open letter to Jose Manuel Barroso, then president of the European Commission.

    He urged the Commission to wake up.

    “Worldwide the chemical sector has revenues of $4.3 trillion,” he said. “That’s bigger than the GDP of Germany. In Europe, chemicals and autos share top billing with $1 trillion each. Economically speaking chemicals is one of Europe’s jewels in the crown.”

    INEOS is hopeful that the Köln visit may have opened eyes in Brussels.

    Paul Hodson, a member of the Commission delegation, said in an email to INEOS that it had given them a valuable insight into – and understanding of – the chemical industry.

    He said a thriving European industry was at the core of the Commission’s concerns and that its policies would seek to increase the industry’s competitiveness.

    What the European Commission wants by 2030

    • 27% reduction in energy consumption (non-binding for industry)
    • At least 27% increase in renewables
    • 40% cut in carbon emissions

    11 minutes read Issue 8
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    A Question Of Mindset

    Changing the workplace is easy; changing people’s mindsets is not. But with the right approach, it’s not impossible

    NO ONE likes change.

    At least that’s the theory. But the reality is that some people do. And some don’t.

    Companies, looking to win over all their staff, perhaps just need to change their approach.

    The master of management, the late Peter Drucker, was very clear about the best way for an organisation to implement change.

    “You have to infuse your entire organisation with the mindset that change is an opportunity and not a threat,” he said. “People are secure if they realise that this time of sudden, unexpected and radical change is a time of opportunity.”

    Someone who understands that change can cause emotional upset – and lead to a dip in performance – is Dr Fred Wadsworth, a medical director at UK-based Corperformance which has worked closely with INEOS in the past.

    “Poorly-managed change processes can be seen as a threat and cause classic stress responses,” he said.

    But he said the fear of implementing change should never deter a company from seeking change.

    “An appetite for change needs to be present and developed but that can be achieved by setting members of staff effective goals, in which they believe,” he said. “Those threatened by the journey are usually the hardest to persuade.”

    But even those, can be won over.

    John Reh, a senior American business executive and author, said understanding what – and how – things needed to be done, was half the battle.

    “You have to help your people understand what the change will be, when it will happen and why it needs to be done,” he said.

    Roberta Katz, an Associate Vice President for Strategic Planning at Stanford University in America, described change as an iterative process.

    “Individuals within an organisation will get on the change train at different times,” she said. “The leader will have to keep repeating the vision and repeating the strategy so that when everyone is finally on the same train, they will have heard the same message, and will understand the goal to which they are all working. If you are the leader expressing the change, you are bored, you are ready to move on, but you have to remember to keep saying it because even if someone has heard it 10 times, you may not get them to understand until the 11th time when something happens in their life to make it meaningful.”

    Resistance to change can often spring from a fear of the unknown.

    “We resist change but fear of the unknown can result in clinging to status quo behaviours, no matter how bad they are,” said Dr Stan Goldberg, a former clinicalprofessor at San Francisco State University.

    That fear is often based on staff perception. And perception matters because it is their reality.

    The good news, says Dr Wadsworth, is that perceptions – just like personality – can be changed.

    “Personality is a fluid thing,” he said. “Values may be set in our teenage years and be like anchors on a seabed but the way we behave is more fluid, like buoys floating on the sea. They remain connected to our anchors but are open to change. That is why goals which are linked to our values are more likely to be achieved than those that are not.”

    The late Mr Drucker said if a change looked like an opportunity, a company should put one or two good people to work on it.

    “You need someone at the top who enjoys the unexpected,” he said. “That is crucial because there will be a great many surprises, and if every surprise is a threat, we won’t be around for very long.”

    Mr Drucker said rapid change could be achieved without upsetting people if the staff trusted the company.

    “Building trust is not rocket science,” said James Hec, a member of the faculty of theHarvard Business School. “It should be pretty simple, in fact. Don’t create expectations that can’t be met. Share knowledge. Hire, recognise, and fire the right people. Be consistent and predictable and avoid large-scale layoffs as much as possible.”

    Dr John Kotter, a Harvard Business School professor, has written almost 20 books about leadership and change.

    Last year he launched Kotter International Center for Leaders, a firm of world-class experts in helping organisations change.

    “The rate of change is increasing faster than our ability to keep up,” he said. “Yet we expect leaders at all levels to deliver ever-better results – and sooner.”

    David Carder is an engagement leader at Kotter International in America.

    “We have seen many companies that are unable to truly capitalise on technology and change the way they want to because they are held back by their hierarchy and structure,” he said.

    The bottom line, said Mr Drucker, is that change is painful, risky and requires a great deal of hard work.

    “Unfortunately, you cannot manage change,” he said. “You can only be ahead of it. You can only make it.”

    Top 5 tips for a company wanting to implement change

    1 Keep staff in the loop – people like to know what is going on, especially if their jobs are directly affected
    2 Inspire your staff – appeal to people’s aspirations and desires. Goals that are linked to their own values will be more achievable
    3 Think ahead – changes should be made in the long-term best interests of the company, not simply to save money in the short-term
    4 Be understanding – staff are more likely to accept change if they fully understand the reasons for it
    5 Be realistic – Unrealistic goals increase fear, which increases the likelihood of failure

    6 minutes read Issue 8
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    The Changing Face Of Grangemouth

    The face of Grangemouth is changing. And with it, comes the promise of a new and exciting future.

    ONE of the largest ethane storage tanks ever to be built in Europe is taking shape.

    Once completed, the 60,000-cubic metre tank will hold 30,000 tons of liquefied ethane gas – and herald a new era in the manufacture of petrochemicals.

    “The skyline at Grangemouth has changed somewhat since the 40-metre tank wall was built,” said Alan MacMillan, O&P UK ethane project manager. “These are exciting times for the O&P UK business and the tank is tangible evidence of the investment being made.”

    Video

    INEOS builds Europe's largest ethane tank

    00:00

    The construction of the tank is just one element of a number of synchronised projects and activities that forms O&P UK’s vision for a sustainable and viable future.

    INEOS is investing about £450 million to transform the loss-making Scottish manufacturing site, which employs more than 1,300 people directly, into one of the best in the world.

    “It is the most significant investment into UK and Scottish petrochemical manufacture of recent times,” said John McNally, CEO INEOS Olefins & Polymers UK. “And it clearly demonstrates our commitment to Grangemouth.”

    INEOS needs the ethane, which will begin arriving from the US next year, to replace the dwindling stocks from the North Sea. Only by securing sufficient raw materials to run the manufacturing plants optimally and at full capacity – something it has been unable to do for many years – can the Scottish site begin to turn around its fortunes.

    In addition to the storage tank, the ethane supply project encompasses significant infrastructure work.

    The business is making changes to its jetty and offloading facility, where the state-of-the-art ships will dock, and laying miles of pipes to transfer the ethane to the tank and on to the manufacturing plant.

    Video

    The new ethane tank at Grangemouth rises from the ground

    00:00

    The work will be carried out by a number of contractors who have been hired to ensure the project is completed on time, safely and within budget.

    “Working alongside the many different companies and across a number of interfaces is a complex and challenging task,” said Alan.

    The plan being implemented at Grangemouth is very similar to the one recently undertaken at INEOS’ Rafnes plant in Norway where the company has successfully built the infrastructure to enable it to import ethane from the North American shale gas fields this year.

    Long-term contracts have been agreed with American suppliers to pipe the shale gas ethane cross country to the east and Gulf coasts of America from where it will be shipped across the Atlantic to Norway – and in 2016 to Scotland – in a fleet of eight specially-designed ships commissioned by INEOS.

    In the meantime, as Grangemouth awaits those shipments, the O&P UK business continues to work on its strategic survival plan, which will protect the long-term value of the site by creating a global leading chemicals and manufacturing hub with the potential to become a centre of excellence and innovation in Scotland.

    3 minutes read Issue 8
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    How The Mighty Can Fall

    No one can be complacent in today's fast-paced environment.

    In today’s fast-paced environment, companies rise and fall faster than ever before. The biggest threat is perhaps complacency. Or as the late Steve Jobs, inventor of the iPhone, put it; “Kill complacency before it kills you.” Here are six companies that were once deemed leaders in their field, before they all sadly lost their way

    Blockbuster

    Few could have predicted how this success story would end. Blockbuster was once the undisputed leader in video rental with a market value of $5 billion. It employed 60,000 people and had 9,000 stores throughout the world. Then Netflix started sending films through the post and cable and phone companies started streaming movies into people’s homes – and Blockbuster failed to respond to customers’ changing habits.

    Kodak

    NO ONE came close to rivalling Kodak for almost 100 years. The company was built on a culture of innovation and change; it was destroyed by complacency. Most people owned a Kodak camera and used Kodak’s trademark film. But what the company didn’t picture was its own demise with the advent of digital photography, a technology that it invented. It failed to act swiftly enough and others moved in for the kill.

    Polaroid

    Apple’s iconic inventor Steve Jobs is believed to have idolised the man who pioneered the iconic Polaroid SX-70. For Edwin Land was the first to mix cutting-edge technology with design. At its peak in 1991, sales of its mainly instant cameras and film almost hit £3 billion. But its great undoing came when it failed to embrace the digital photography revolution and went bankrupt 10 years later.

    Motorola

    It’s hard to believe that Motorola built and sold the world’s first mobile phone, and in 2003 introduced the biggest-selling mobile phone ever at the time – the Razr. But Motorola failed to focus on smart phones that could handle email and pictures and rapidly lost market share.

    Commodore International

    Commodore International was one of the first computer companies to successfully compete for the home market. Its relatively small machines were well made and cheap. In the early 80s, two million Commodore 64s were being snapped up every year and the company had cornered almost 50% of the market. Then it released the smarter Commodore plus/4. A smart move one would think but the company alienated its core customers. The new model was incompatible with the old one which customers loved. The company went bankrupt in 1994.

    ICI

    ICI was once a symbol of Britain’s industrial might. At its peak the company, which invented polythene, employed 130,000 people and was one of the biggest chemical companies in the world. But in the 1990s it became too complacent. Paul Hodges, a senior executive at ICI until 1995, said the company became increasingly risk and decision-adverse. “It lost the cuttingedge, the drive to try out new directions,” he said. “Instead, ‘no surprises’ became the motto.” It moved into speciality chemicals and sold its commodity chemicals business to INEOS, under whose ownership it has grown from strength to strength. Meanwhile ICI’s earnings continued to fall. The company was eventually sold to Dutch company AkzoNobel in January 2008 and its adhesives and electronic materials businesses was bought by Germany’s Henkel three months later.

    3 minutes read Issue 8
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    Change Of Scene

    Comfort zones are not for everyone. Especially men like Tony Moorcroft. To him, a change is always better than a rest, as INCH discovered

    ON 19th March 2003 American President George Bush addressed the world.

    In a live TV broadcast, he said that the Allied campaign to disarm Iraq, free its people and defend the world from grave danger, had begun.

    Watching events unravel, perhaps more closely than others, was Army reservist Tony Moorcroft, thousands of miles away at his home in the UK.

    For his specialist maritime regiment had already become the first to be compulsorily mobilised since the Second World War.

    He had received a letter, sealed in a brown envelope, in the post two months earlier.

    “At the time I had opened it and briefly read it before setting off for work, but I didn’t fully take in the content until a few hours later when I suddenly realised this was for real,” he said.

    Understandably his family were more worried than he was.

    “You know that it’s what you have been trained and signed up for so you become totally focused on the hour by hour, day to day tasks which enable you to overcome any fears or trepidation,” he said. “But they have to get on with a things in as normal a way as possible.”

    A week after he had received his call-up papers in January 2003, he had left the family home in the north of England and joined his 165 Port and Maritime Regiment, a specialist, logistical unit, as part of Operation Telic 1.

    Their job for the next five months would be to keep Allied Forces alive as they landed at critical locations in Iraq and Kuwait.

    As a non-commissioned officer he also had the added responsibility of looking after a team of men.

    “That really focuses the mind to achieve the outcome everybody wants which is to return safely to family and friends,” he said.

    Although thousands died in the conflict, Tony lived – and returned to his job as HR director for INEOS ChlorVinyls and INEOS Enterprises.

    “After a brief period of leave, I wanted to get back into civilian, normal life as quickly as possible,” he said. “For me it was fairly easy to adjust because as soon as I returned to work, I was back into a busy schedule. Family, friends and colleagues, though, gave me a great deal of support and didn’t pester me with endless questions, and the support I received from INEOS was fantastic. Many reservists were worried about their jobs back home. I wasn’t which meant I could focus solely on making sure everyone came home safely.”

    It was an experience, though, that would change his life.

    “I learned a lot about myself and others but it’s not one that I would repeat without trepidation,” he said. “I value life more and I think I now handle difficult situations better.”

    “I initially joined to enhance my engineering skills and further my career,” he said. “But being a reservist has changed my life in more ways than one and INEOS as an employer could not have done any more. In the Army Reserve you learn to prepare for very demanding environments where you have no choice but to take responsibility and be accountable for your actions. We face similar challenges and dilemmas in the chemical industry. Over the years I have found that both roles complement each other with the need for leadership, team work, discipline, integrity and respect.”

    He must also have been doing something right.

    For last year he was nominated for a Queen’s Birthday Honour – the Queen’s Volunteer Reserve Medal – for exemplary meritorious service in the conduct of their duties by his commanding officer Lt Col CK Thomas RLC.

    Only 13 are awarded each year.

    “My initial reaction was shock,” said Tony, 55. “But it very quickly turned to pride because so few of these medals are presented each year which makes it very special.”

    He was presented with the medal at Buckingham Palace by Prince Charles who recalled meeting Tony in 1993 at the Battle of the Atlantic commemorations ceremonies in Liverpool.

    “He was particularly interested in my switch from the Navy to the Army because we had both served on the same class of ship during our careers,” he said.

    Badge of honour

    ACCOLADES don’t come much higher in Tony Moorcroft’s book than the Queen’s Volunteer Reserve Medal.

    But then again, neither does the praise that earned him that prestigious award.

    His commanding officer, Lt Col Colin Thomas, who nominated him for the award, said Tony continued to stand out as an exemplary and selfless individual even though he was now nearing retirement.

    “He has always been known for his team spirit and readiness to sacrifice his own ease and comfort if it would help his colleagues,” he said. “All those who work with him, and perhaps most importantly those whom he commands, view him with the utmost respect. He is wholly committed, totally dependable and has unbridled enthusiasm, even after more than three decades of both naval and military service.”

    Lt Col Thomas said Tony cared deeply for the welfare of his soldiers when they were deployed in Iraq in 2003.

    “In addition to his main job, he put a huge amount of energy into turning his hand to repair or improvise basic facilities which ensured that morale remained high,” he said.

    5 minutes read Issue 8
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    Debate: Is Change Always A Good Thing

    Some people thrive on change; others will do all they can to resist it. But are those who advocate that change is a good thing, always right? INCH sought the opinions of those with something to say

    Change is not always a good thing. It may force us out of tired habits and impose better ones upon us, but it can also be stressful, costly and even destructive. What’s important about change is how we anticipate it and react to it. Change can teach us to adapt and help us develop resilience, but only if we understand our own capacity for growth and learning. When change makes us better, it’s because we have learned how to turn a challenging situation to our own advantage, not merely because change happens.
    Rick Newman, author of Rebounders: How Winners Pivot from Setback to Success and a columnist for Yahoo Finance

    One of life’s constants is change. Ready or not, it happens. We grow. We age. Technology reinvents each new day. Some relish change; others resist. We like it best on our terms, but don’t always have that option. Sometimes all we can do is cope with it. When given the opportunity to exert our will in the matter, we’re wise to proceed with caution. Change for the sake of change is a risk – the grass on the fence’s other side isn’t always greener. The relentless pursuit for “better” can sometimes leave us bitter, regretting changes we didn’t need to make.
    Bob Tamasy, author and Vice President of Communications Leaders Legacy, Inc.

    Change isn’t inherently good or bad. It’s something that is inevitable. Problems are created by the speed at which it occurs and the threat it poses to those being asked to change. A helpful maxim is that the smoothest journey occurs when what you’re asking a person, organisation, or country to do, is almost as easy as not changing. Unfortunately, those who push for change are shocked when there’s blow-back. Even the most basic understanding of the principles of change would make transitions easier, whether it’s the head of a country proposing universal insurance, the CEO of a corporation after for more accountability from his employees, or a wife annoyed at her husband’s messiness.
    Stan Goldberg, author of “I Have Cancer,” 48 Things To do When You Hear the Words and eight other books on the sharp points of life

    Change is inevitable, but are we always forced to change because we live in a highly-connected, fast-paced global environment? I think change for the sake of change has nothing to do with true innovation and fostering creativity or acquiring new knowledge and learning the necessary new skills to stay competitive. For big or small businesses any change in brand identity such as image, logo, slogan, has an impact on the brand image and how the customers perceive the products or services. In most cases, loyal brand lovers hate change so before implementing any change, you need to ask: What additional value do I bring to my customers, employees and other stakeholders?
    Anne Egros, global executive coach

    Many people hate change, yet others look forward to it. Resistance to change is normal yet a very destructive thing. Some managers fail to recognise the symptoms of change as directly related to proposed or actual changes, such as high staff turnover, conflict, lateness, mistakes, injuries, low morale and lowered productivity.
    Eve Ash, Australian psychologist and managing director of Seven Dimensions

    Excellent firms don’t believe in excellence, only in constant improvement and constant change. Winners must learn to relish change with the same enthusiasm and energy that we have resisted it in the past.
    Tom Peters, American writer on business management practices

    Change is good. It’s also often hard. The status quo can be so much more comfortable. But to succeed in business, you must run towards it. This is the fastest-changing communications and technology landscape we’ve ever been in. Twenty years ago, you probably didn’t have an email address, and now it’s hard to imagine life (or your business) without email. Ten years ago, Facebook didn’t exist, and now one-and-a-quarter billion people and millions of businesses use it to communicate. Even if you’re not directly involved in the communications or technology industries, there’s no doubt that technology has played a huge role in changes in your industry. These changes mean you have to change.
    Dave Kerpen, New York Times bestselling author of Likeable Social Media and Likeable Business

    Progress is impossible without change. And those who cannot change their minds, cannot change anything.
    The late George Bernard Shaw, Irish playwright and co-founder of the London School of Economics

    4 minutes read Issue 8
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    In Safe Hands

    INEOS is obsessive about safety. It has to be. Lives can be at stake if it gets things wrong. But when mistakes are made, INEOS is keen to ensure valuable lessons are learned every time

    COMPLACENCY kills businesses.

    And in a potentially hazardous business like INEOS, complacency can also costs lives.

    One man whose job is to help fight against it is Steve Yee, INEOS Group Safety Health and Environment Director based at Runcorn, UK.

    “It’s so important that safety is always at the forefront of everyone’s mind,” he said. “We all know that the sustainable long-term future of our businesses rests on our track record on safety, health and the environment.”

    Whatever INEOS is doing, though, seems to be working.

    Last year INEOS’ overall safety record improved 23% on 2013 and its environmental breaches hit an all-time low.

    “It was our best-ever safety and environmental performance,” said Steve,who collates the Group’s safety reports.

    He said INEOS had often seen year-on-year improvements but this was one of the biggest.

    “What has been particularly pleasing is to see sites, which were not among the best safety performers, showing improvements,” he said. “When that happens, it shows very clearly what can be achieved if we set our minds to it.”

    INEOS recently switched to OSHA (Occupational Health and Safety Administration), a stricter, US-based system of recording workplace accidents, injuries and illnesses so that outsiders could judge its performance against the very best.

    “We can now see that INEOS compares well against the likes of Shell and Dow Chemical,” said Steve. “But whilst we are catching up, we are still behind.”

    INEOS views an OSHA performance of 0.23 as being the best in class.

    “Dow is amongst one of the top performers,” he said. “We are at 0.40.”

    In December Steve and Simon Laker, INEOS’ Group Operations Director, visited Dow’s HQ in America to understand how it managed to achieve such an impressive performance.

    “A number of factors came out and a particularly important one is that whilst the OSHA performance may be improving, the number of life-changing injuries is not,” hesaid. “The same is true for us, so clearly we have to be more focused on what we need to do to avoid the more serious injuries and fatalities.”

    Steve also realised that reporting across all countries needed to be at a high level if INEOS was ever going to see real improvement.

    “As a management team we are very focused on reporting,” he said. “It’s absolutely no good if the first injury we hear about is a fatality or a loss of limb.”

    In an effort to make a difference, INEOS launched a group-wide initiative late last year after a member of staff at one of its production sites by-passed a safety system to speed up the job.

    “New initiatives are always introduced when we review incidents that have occurred because we see what we need to put in place to prevent repeats,” he said. “Thankfully no one was hurt in the incident but it was good that it was reported to us.”

    The life-saving rules now make it easier for everyone to see what INEOS expects – and also help to ensure the safety basics are in place everywhere.

    Steve said those rules would be seen by everyone.

    “What makes it easier to check that messages have been clearly communicated to all and understood is INEOS’ management structure,” he said. “We don’t have a huge corporate headquarters. Each site is very much accountable for its actions.”

    The rules

    INEOS introduced seven life-saving rules after a worker bypassed a safety system to speed up his job.

    Those rules are:

    • No consumption or being under the influence of alcohol or drugs on company property
    • No smoking outside dedicated smoking areas
    • No work on live equipment/machines to commence without authorisation
    • Safety critical devices/interlocks must not be disabled or overridden without authorisation
    • Persons working at height must use proper fall protection
    • No entry to confined space without authorisation and gas test
    • Lifting & hoisting – no unauthorised person to enter the defined danger zone where objects can fall

    4 minutes read Issue 8
  • breaking-the-mould-banner.jpg

    Breaking The Mould

    The late Steve Jobs had a strategy and a vision for Apple and it started with the customer, not the engineers or the company’s awesome technology. The focus was always on the incredible benefits Apple could give its customers. Styrolution shares that vision

    STYROLUTION has come a long way since 2011.

    For the staff it has been quite a journey.

    For the customers, it has been proof that industry consolidation can work together for the greater good.

    Today INEOS Styrolution is a wholly owned business having bought BASF’s 50% stake in the 2011 styrenic plastics joint venture for 1.1 billion last year.

    And the future for the customers – if it is at all possible – looks even brighter.

    The automotive industry will be among those to benefit most from INEOS’ latest decision to merge two of its businesses and create a one-stop shop for styrenics, which makes plastics for car components, electronic devices, household appliances, medical equipment, packaging and toys.

    “It is something that no other company can offer on this scale,” said INEOS Capital Directorand Styrolution chairman Andy Currie. “And that is powerful for us and our customers.”

    The decision to merge INEOS Styrolution and INEOS ABS was made in March this year – just months after INEOS acquired BASF’s share in Styrolution, the global market leader for styrenics.

    Andy said the merger made perfect sense and offered ‘further tremendous opportunities for growth’.

    INEOS ABS is the largest producer of styreneacrylonitrile polymers in North America and is well known there for shaping the interiors of cars. INEOS Styrolution, which operates 15 manufacturing sites in nine countries, has historically had a stronger position in exterior automotive applications.

    “The businesses complement each other beautifully,” said Kevin McQuade, CEO, INEOSStyrolution. “High performance and premium aesthetics are key buying criteria for our customers in the automotive industry. And that’s what sets our products apart. We are passionate about giving our customers the best solution. It is in our corporate DNA.”

    He added: “In the past, we may have had both companies competing for the same business but now we can build upon each other’s strengths to provide customers a more comprehensive offering.”

    At the recent international NPE trade show in Orlando, Florida, INEOS Styrolution and INEOS ABS shared a booth and offered customers a glimpse of the future.

    “We were able to show them that the possibilities of styrenics are endless and they were excited by what they saw,” said Kevin. “Quite simply we have always been helping others to shape the future of the automotive, healthcare, electronics, household, construction and packaging industries through styrenics.”

    INEOS and BASF had formed the joint venture in October 2011 amid challenging market conditions. Overnight they created a truly global business and secured their number one place in the global styrenics market with a world-class, global manufacturing platform offering customers supply security, access to the very best technology and a broad product and service portfolio.

    Together they were also stronger and more efficient. And within two years – instead of the forecasted five – they had generated 200 million in cost savings.

    “We created a completely different and unique company,” said Kevin. “It was a game-changer.”

    As part of the joint venture agreement, though, INEOS always had the right to buy out BASF – a decision it took in November last year.

    INEOS chairman Jim Ratcliffe described the acquisition as another important step in the growth of the Styrolution business.

    “We are pleased to bring Styrolution fully into the INEOS family,” he said at the time.

    INEOS Styrolution is now a wholly-owned INEOS business – and looking to expand.

    “Styrolution already has a global asset footprint but new markets are emerging,” said Kevin. “We intend to expand our footprint in Brazil and in Asia, particularly China. This is an outgrowth of our Triple Shift strategy, which calls for expanding our position across customer industries, standard ABS and styrenic specialties, and emerging markets. With plants all over the world, there is no need to ship goods from Europe to America or vice versa. The goods are on the doorstep of our customers. We really are a truly global business within INEOS.”

    INEOS Styrolution sells its products to the automotive industry as granules. Those granules are then further processed by manufacturers to make and shape parts, for example, for cars.

    “Whatever they can imagine, they can make,” said Kevin.

    Another industry which works closely with INEOS Styrolution is the construction industry – and it shows.

    “Our customers in the construction market are at the leading edge of innovation and are continually challenged to bring higher endurance, longer lasting, more cost effective and aesthetically-pleasing products to the marketplace,” said Thomas Hazenstab, Specialities Business Director.

    Together they have created products such as decking, fencing and railings that fare better in bad weather and can also withstand high temperatures.

    “We pride ourselves on working closely with customers to develop new products that meet their specific needs,” said Thomas. “It’s about setting industry trends. We want to offer the best possible solution to give them a competitive edge in their own markets.”

    Kevin said innovation had been key to the business’ success and would be, even more so, in the future.

    “To thrive in the specialty markets, we need to create added value through innovation for our customers,” he said. “That’s why we enter into collaborative innovation with our customers to develop new styrenic solutions for the products of tomorrow. Cutting-edge solutions and applications, product and process innovations differentiate us from our competitors and foster our preferred partner position.”

    Styrolution is also the leading, global supplier of styrenics to the electronics industries, which also ensures computer casings and monitors are strong and heat resistant. A major part of printers made in the world today contain Styrolution polystyrene or ABS products.

    Both Styrolution and INEOS ABS are also expected to benefit from the merger by reaping synergies which will enhance the efficiency of the business.

    Core functions such as marketing and sales, customer service, research and development, supply chain, manufacturing, finance and human resources are being merged and best practices are being shared. Not only will this benefit the whole organisation but customers will enjoy the advantage of having a central source to fulfil all their styrenics requirements.

    “There have been a lot of changes for people within the business,” said Kevin. “But for our customers, the key message has been continuity. If there are any changes, they will be for the better. This company is in it for the long-term.”

    www.styrolution.com

    Video

    Interview with Kevin Mcquade

    00:00

    14 minutes read Issue 8
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    INEOS Gains Interest Of Lenders

    INEOS is not one to miss an opportunity, especially when it comes to managing its financial affairs more efficiently. And this year has been no exception

    A robust performance and INEOS’ reputation as a company that can make money helped it to iron out three separate deals during the first half of this year – and slice a further 80 million off its annual interest bill.

    “Although it means investors won’t make as much money in interest, it means INEOS can focus on strengthening the business, and is seen as a better ‘risk’, which is always good for lenders,” said Peter Clarkson, Head of InvestorRelations at INEOS.

    The money saved in interest payments, on the latest 4 billion debt to be refinanced, is likely to be reinvested in the business.

    “It is hard to say exactly what will be done with the extra cash flow,” said Peter. “But what it does do is give us more flexibility when we are considering business improvements or even some bolt-on acquisitions, to which we remain alert and opportunistic.”

    Over the past four years INEOS has – in a succession of tactically smart moves – refinanced the $9 billion it borrowed in 2005 to buy Innovene, BP’s olefins, derivatives and refining subsidiary.

    And in doing so, it has helped to save the company 405 million in interest charges.

    “Since 2011 we have been in a process to improve the debt structure of the group after the restrictions that were put in place after the financial crisis of 2008,” said ChiefFinancial Officer Graeme Leask. “That is what has enabled us to reduce our cash interest bill from €763m in 2010 to €358m now.”

    In April 2012 INEOS made history in the financial world when it achieved the largest-ever covenant-lite loan for a European company and the largest globally since the credit crunch began in 2008.

    Michael Moravec, head of European high-yield syndicate, described it as a staggering achievement by a company.

    “Management can now concentrate on what it does best, which is managing a chemicals business,” he said at the time.

    INEOS has now refinanced most of its loans that were nearing maturity.

    “Taking out the next big tranche of debt requires us to pay a significant premium now, but the premium will reduce and may be a more attractive proposition next year,”said Peter.

    2 minutes read Issue 8
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    INEOS channels energy into new TV show

    It hopes IN:TV, which will be broadcast from a different site every month, will strengthen the bond between its growing, global workforce and the company.

    INEOS External Affairs Director Tom Crotty, who will host the 15-minute programme, will be joined each time by a special guest presenter from the local plant.

    “In just 17 years INEOS has grown from nothing into a global chemicals’ giant with over 53 manufacturing sites around the world and nearly 20,000 employees,” he said. “Sometimes communicating to so many people is a real challenge.”

    The first episode was filmed at Grangemouth in Scotland where Tom was joined by Jennifer Prentice, an award-winning chemical engineering graduate in O&P UK.

    “I really think with the innovation of IN:TV that we are leading the way in staff communications for the petrochemicals sector,” said Tom. “And given the importance of video and social media to the younger generation, who represent our future employees, and customers, we want to provide as much information as possible to them.”

    Each episode will highlight the latest news from around the group but employees will also be given the chance to ask chairman Jim Ratcliffe any questions.

    The programme is online – for all to view – at www.ineos.com/intv

    3 minutes read Issue 8
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    Insight and Ingenuity join INEOS’ fleet

    TWO state-of-the-art ships commissioned by INEOS to transport tons of liquefied ethane gas from the USA to Europe have been officially named.

    JS INEOS Insight and JS INEOS Ingenuity began work in July.

    Emblazoned on the side of one of the huge vessels is ‘shale gas for manufacturing’; the other bears the slogan ‘shale gas for chemicals’.

    The ships were named at Qidong near Shanghai, where the first of a fleet is being built for INEOS by SINOPACIFIC. Offshore and Engineering, one of the largest shipbuilders in the world.

    Each ship is the length of two football pitches and can carry 40,000 barrels of ethane.

    Steffen Jacobsen, CEO of Evergas, the Danish gas shipping company that designed, leased and operates the vessels, has worked in the shipping industry for 35 years.

    “These ships represent a world first on many levels,” he said. “No-one has ever tried to ship ethane in these quantities and over this distance before. To do this, we had to invent completely new ways of doing things. These ships are truly unique.”

    The naming ceremony marked the latest landmark in INEOS’ $1 billion global project to bring shale gas from the USA to its manufacturing plants in Norway and Scotland.

    INEOS will be the first company in the world to opt to ship shale-gas derived ethane from America where the gas has led to a renaissance in manufacturing.

    Jim Ratcliffe, INEOS founder and chairman, said the scale of the project, which will help revolutionise the European chemicals industry by bringing US economics to Europe, was extraordinary.

    “We’re going to move more than 40,000 barrels of gas a day, every day of the year, for 15 years, from the US to Europe,” hesaid. “Any way you look at it, this is an extraordinary achievement.”

    Video

    INEOS names its Dragon Ships

    00:00

    4 minutes read Issue 8
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    GO Run For Fun breaks record

    INEOS GO Run For Fun team has recently staged its biggest-ever event at Queen Elizabeth Olympic Park in London when 6,000 children ran the 2km course alongside a host of Olympians and TV personalities.

    “We know that many parents worry about their kids eating too much and not getting enough exercise,” said Leen Heemskerk, The GO Run For Fun Foundation Project Director. “The GO Run For Fun charity aims to tackle that problem in a fun way and the huge numbers who took part show that many people share our concerns.”

    Daley Thompson, the British Olympic gold medal winner, led the charge and handed out some of the prizes.

    “It was a fantastic day for all the children,” he said. “Everyone had a great time and also learned a bit more about the importance of healthy eating and exercise.”

    GO Run For Fun is now the world’s biggest children’s running charitable foundation.

    As well as the run itself, GO Run For Fun also launched a new kids cartoon series based on Dart, the charity’s mascot.

    Dart TV is aimed at 5 to 10-year-olds and explains the importance of a good diet and regular exercise.

    During the day Charlie Webster, a former Sky Sports presenter, chaired a round table discussion looking at the need to get children active early if Britain is to tackle childhood obesity.

    “Physical inactivity is an important factor in the current UK child obesity epidemic,” said Dr PaulSacher, an internationally respected child health and obesity expert. “Considering one in three children are overweight and obese and around 80% of children are not meeting the Government’s physical activity guidelines, it is essential that we support initiatives such as GO Run For Fun.”

    Daley was joined by Olympic hurdler Colin Jackson, and Commonwealth gold medal winner Louise Hazel.

    Also supporting the event was Britain’s very own Marathon Man, Rob Young, who has previously set his own world record by running 370 marathons in 365 days.

    “This was a really important day for GO Run For Fun,” said Jim Ratcliffe, INEOS Chairman andfounder of GO Run For Fun. “On one level, this was about thousands of kids enjoying themselves and learning about the importance of nutrition and exercise. On another level, it is about getting the Government to realise that they need to do much more to help the under 12s get fit and active.”

    4 minutes read Issue 8
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    World-Leading Pioneers Join INEOS’ Team

    The three world-leading experts, who are credited with perfecting shale gas extraction in America, are now working exclusively for INEOS in Europe.

    Over the next five years petroleum engineer Nick Steinsberger and geologists Kent Bowker and Dan Steward will be advising INEOS how best to safely access Britain’s vast reserves.

    All three worked for Mitchell Energy & Development, which pioneered the most effective method for safely extracting shale gas in the Barnett Shale in America and led to the development of the shale gas boom in US.

    “They bring a vast experience of successful shale gas production,” said Gary Haywood, CEO of INEOS’ newly-formed shale team, INEOS Upstream. “We are confident that our US team, together with our own experts, can safely and efficiently develop a successful business in Scotland, which will play a part in securing the energy supply of Scotland and the UK, and will bring significant economic benefits to the country and to the community.”

    Nick, Kent and Dan have been working in shale gas extraction since the 1980s and are regarded as leaders in their field.

    Tom Crotty, INEOS Corporate Affairs Director, described Nick as the best on-shore gas petroleum engineer in the world.

    “INEOS is one of the world’s biggest chemicals companies,” he said. “We are used to safely running huge petrochemical complexes. And now we have some of the world’s leading shale gas experts on our team who collectively have drilled thousands of wells. We believe that the combination of our expertise as a global petrochemicals company and their expertise in shale gas should begin to show people that we are committed to a very high safety standard and the responsible extraction of gas from shale.”

    2 minutes read Issue 7
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    £230m Loan Guarantee Helps INEOS Raise Finance For Grangemouth's Future

    For INEOS’ petrochemicals plant in Grangemouth, the good news continues.

    Confirmation of a £230 million loan guarantee from the UK government this summer has now helped INEOS to raise the finance necessary to ensure INEOS O&P UK can build a tank to store imports of low-cost ethane from America – and turn its loss-making business into a profitable one.

    Chief Financial Officer Gerry Hepburn said the government’s financial backing had been seen by INEOS as ‘critical’ to ensuring the long-term future of one of the largest manufacturing sites in the UK.

    “The loan guarantee shows support for both the UK petrochemicals sector and for one of the most important infrastructure projects in Scotland,” he said. “We have now been able to use the loan guarantee to raise INEOS funds through a public bond issue. The proceeds of the bond are now being be used to fund the ethane tank project.”

    INEOS has already invested more than £300million at its Grangemouth site as part of its long-term survival plan to ensure the site can manufacture petrochemicals beyond 2017 when its current gas supply agreements end.

    Traditionally Grangemouth has relied heavily on ethane gas from the North Sea but those supplies are dwindling and the INEOS plant has been forced to run at reduced rates.

    Importing ethane, which it uses as feedstock, from the US will help INEOS to return its plants to full production and improve operating costs, underpinning the future of manufacturing at Grangemouth.

    “Without doubt, this is one of the most important projects of recent times in Scotland, with implications to be felt right across the UK, not only for employment but also for manufacturing in general,” said INEOS Chairman Jim Ratcliffe.

    INEOS has hired Germany-based TGE Gas Engineering to build the ethane storage tank, which will be the largest in Europe and capable of storing 33,000 tons of ethane. 

    “The construction of the storage tank is complex and needs specialist knowledge,” said John McNally, CEO, O&P UK. “But we know we are working with a company that are truly leaders in their field.” 

    TGE built the INEOS ethylene import tank in Antwerp, Belgium, and are currently building the ethane import tank at INEOS’ plant at Rafnes in Norway.

    Planning permission for the construction of the ethane tank at Grangemouth was granted by Falkirk Council in May this year.

    “It will be very rewarding to see the renewal of the site starting to take shape as we begin construction work,” said Gerry.

    Danny Alexander, Chief Secretary to the Treasury, said the Grangemouth guarantee was fantastic news for Scotland’s economic future, and for the UK’s energy security.

    The amount of US ethane being imported will enable the ethylene cracker at Grangemouth to double production. 

    2 minutes read Issue 7
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    A Land Of Opportunity

    Having already clinched game-changing, 15-year deals with America to import its low-cost, shale gas-based ethane, INEOS decided it was time to take a look at how the US did it and what lessons Europe could learn.

    Ships, which the world has never seen before, leave America’s shores for the first time next year.

    On board each vessel will be thousands of tons of liquefied ethane destined for INEOS’ gas crackers in Europe to help provide raw materials that are running out in the North Sea and to reduce the operating costs of its gas crackers.

    Every day 40,000 barrels of shale gas-based ethane, which has been chilled to -140 degrees Fahrenheit, will leave Marcus Hook in Philadelphia for Norway and Scotland in the UK.

    Video

    INEOS Dragon Boats

    00:00

    “Nobody has ever shipped ethane in these quantities around the world before,” said INEOS chairman Jim Ratcliffe. “These vessels have never been designed before and never crossed the North Atlantic before. This is a world first.”

    INEOS needs ethane to make high value petrochemicals but if its businesses in Europe are to remain competitive, it must ship supplies from America, where there are sufficient quantities at competitive prices.

    “We are effectively shipping US economics to Europe,” said Jim.

    The state-of-the-art ships, currently being built in China, are highly efficient and will have double engines so they can operate in the harshest of conditions. Meanwhile INEOS is building new export facilities in the US and storage tanks at Rafnes and Grangemouth.

    The journey across the Atlantic Ocean will begin at Marcus Hook, the site of a former crude oil refinery, which produced gasoline, diesel, and kerosene for more than a century. About 500 people lost their jobs when the loss-making plant was finally shut down in 2011 due to difficult market conditions. Today it is being transformed into a major centre for processing and shipping natural gas liquids thanks to its links with Pennsylvania’s Marcellus shale industry.

    “It was a bit of disaster area,” said Tom Crotty, INEOS Corporate Affairs Director. “Much of that town was built around industry with businesses such as the refinery. Jobs depended on it. But suddenly this community, which thought it was dead on its feet, has been brought back to life again, thanks to shale gas.”

    Marcus Hook is also where Jim and a team from INEOS began their recent, fact-finding tour of America. INEOS, which has invested in its own team of experts to weigh up the pros and cons of pursuing shale gas exploration in the UK, wanted to see – and understand – how it might work in Europe.

    The group spent a day at Marcus Hook before visiting the Barnett shale field in Texas – home of the very first drilled horizontal well.

    Explaining how it worked was Nick Steinsberger, described by Tom as the best on-shore gas petroleum engineer in the world.

    “A lot of others had dabbled and given up, but Nick worked out how to fracture the rock,” said Tom. “He was the first to use what is called slick water hydraulic fracturing to crack open the Barnett shale field in Texas. He opened the door to the development worldwide. He made the breakthrough.”

    Nick worked for Mitchell Energy & Development when with its founder George Mitchell. The company was sold for $3.5 billion in 2002. Today Nick runs his own business.

    Nick later escorted INEOS’ delegation to south west Pennsylvania in the Marcellus shale, one of the largest natural gas reserves in the world.

    “He wanted us to see it because it is similar to Europe with green, rolling countryside,” said Tom. “And now, there are also a lot of strict regulations in place.”

    For Tom, it was an eye-opener.

    “One of the public’s biggest concerns is the effect on the countryside,” said Tom. “I had imagined it would be like Texas with nodding donkeys all over the place but in the biggest shale gas area in America, you cannot see anything. There is nothing to be seen, and nothing to be heard. It is just bubbling away like a bottle of pop. The reality is that a single well takes three weeks to drill and one week to fracture, when there is a lot of activity on the site, and then that well can give you gas for anything between 20 and 50 years.”

    The UK is currently the only country in the EU to seriously consider fracking.

    Gary Haywood, who is leading INEOS’ shale gas project team, said the British Government had recognised that shale gas had the potential to provide the UK with greater energy security, growth and jobs.

    “People want an affordable and reliable energy supply,” said Gary. “About 85% of UK homes rely upon gas for heating or cooking, and our indigenous UK supply has now dwindled to less than 50% of our demand. We have a clean energy resource in the UK shale that is ready for development, and this can bring a wide range of benefits to the country. INEOS is keen to be part of this development, and we will be pursuing sensible opportunities to develop shale gas for the company and for the country.”

    There are currently more than 176 Petroleum Exploration Development Licences (PEDL) for onshore oil and gas in the UK. More on-shore licences were awarded this year.

    Communities and landowners are being offered incentives to allow companies to drill, but INEOS says they do not go far enough.

    “We think that communities should share in the benefits if gas is being supplied from under their land,” said Tom. “The offer of £100,000 is not enough to make people think that it’s a great idea so we have announced plans to give 6% of our shale gas revenues to homeowners, landowners and communities close to our wells. We estimate that we will give away over £2.5 billion from our new shale gas business.”

    Opposition to fracking in the UK has deepened since the protests at Balcombe in West Sussex last year.

    “The drilling in Balcombe provoked some emotional reactions,” said Tom. “But the issue is that people are not generally well informed about shale gas production. The ‘anti’ lobby have whipped up irrational fear of this technology, largely via misleading propaganda.”

    Tom and his team are keen to do something about this.

    “We’ve produced a short film that tells people the real facts around shale gas production. We want the public to hear the real story,” he said.

    Tom says that the film debunks some of the myths around the impact of shale gas production, and also outlines the important benefits that the industry can bring to the UK.

    “It is important that people are given all the facts and they can then make an informed decision,” said Tom. “The industry can bring much-needed jobs, and can secure the energy supply for the people of the UK via production of a clean fuel that has half the greenhouse gas impact as coal.”

    The other big unknown is how continental Europe will respond.

    “I am not sure how long they can ignore this issue,” said Tom. “Some believe the US has shot its bolt and the gas is going to be gone in a few years time but it won’t. We met companies in the US that had only so far drilled less than 10% of their acreage - there is a long-term industry and supply in place via shale gas production in the US. And renewables will not do the job. Gas is the perfect complement to renewable energy because you need a back up. If the wind does not blow, you cannot turn the fridge off.”

    INEOS’ 15-year deals with America to import ethane are seen as a stop-gap while Europe makes up its mind.

    “It buys us time,” said Tom. “It bridges us for the next 15 years until the point when we hope we are going to have an indigenous UK shale industry which can supply that ethane.”

    Video

    Hydraulic Fracturing The Facts

    00:00

    20 minutes read Issue 7
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    Cracking Investment

    Shale gas is driving investment in the US, and it shows no signs of letting up. The American Chemistry Council says US chemical investment linked to shale gas has now topped $100 billion. And INEOS is among those parting with their money.

    INEOS has built one of the largest ethane-cracking furnaces in the world to take advantage of America’s low-cost shale gas.

    It has invested $115 million in a new furnace at the 2,400-acre Chocolate Bayou Works manufacturing complex in Texas to produce competitive ethylene, a chemical that is used by manufacturers to make everything from soaps to paint to clothes to plastic bottles to cosmetics.

    “This now means we won’t lose capacity every time we have to take down one of the other six furnaces to clean them,” said Dennis Seith, CEO INEOS Olefins & Polymers USA. “That, in turn, improves our overall reliability.”

    INEOS now operates the second largest ethylene site in the US and the fifth largest in the world, and thanks to state-of-the-art technology, the new furnace has lower environmental impact.

    “It produces lower emissions per ton of ethylene production and employs the best available industrial technology for emissions control in the industry today,” said Dennis.

    INEOS began planning to build the furnace in mid-2011. It was started up in April this year, 28 months after the first construction contract with KBR was signed.

    The project swallowed more than 564,000 construction man-hours – the equivalent of 60 years – during which time construction workers installed eight miles of new piping and 26 miles of new electrical and instrumentation cable.

    “It was a tremendous result and one that was delivered safely,” said Dennis. “It also secures the future of our site for the next generation.”

    The American Chemistry Council says US chemical investment linked to shale gas had now topped $100 billion.

    As of February this year, 148 projects including new factories, expansions and process changes to increase capacity, had been announced.

    “This is an historic milestone for America’s chemical industry and proof that shale gas is a powerful driver of manufacturing growth,” said ACC President and CEO Cal Dooley. “Thanks to the shale gas production boom, the United States is the most attractive place in the world to invest in chemical and plastics manufacturing. It’s an astonishing gain in competitiveness.”

    INEOS’ new furnace will add up to $55 million profit to the bottom line every year.

    “This has all been part of our plans to add capacity to take advantage of ethane produced from US shale gas and is consistent with our long-term strategy to improve site scale and ability to access low-cost ethane feedstock from shale gas,” said Dennis.

    The good news for American investment, though, does not end there.

    In August INEOS and Sasol finally reached an agreement to build a new plant together to produce 470,000 tons of high-density polyethylene a year at LaPorte, Texas.

    The plant will be built at INEOS’ Battleground Manufacturing Complex and should be operational by 2016.

    “This investment will allow INEOS to meet our customers’ needs for additional bimodal products,” said Dennis. “It also supports INEOS’ strategy to invest and to capture synergies on our major sites.”

    The 50/50 joint venture, which was initially discussed by the two companies in July 2013, will use Innovene™ S process technology licensed from INEOS Technologies.

    The ethylene needed for the production of the high-density polyethylene will be supplied by INEOS and Sasol in proportion to their respective ownership positions.

    “This project will expand Sasol’s presence in the global chemical market and complement our North American growth strategy,” said Fleetwood Grobler, Sasol group executive for global chemicals. “Its location offers several benefits, including access to US Gulf Coast infrastructure and proximity to our proposed ethane cracker and derivatives complex in Southwest Louisiana.”

    Access to vast new supplies of American natural gas from shale deposits is one of the most exciting domestic energy developments in decades, particularly
    for the petrochemical industry.

    The International Energy Agency believes the US will be self-sufficient in natural gas production by 2015 and oil production by 2035.

    And in May this year Energy in Depth said CO2 emissions in the United States were now at their lowest level for 20 years.

    4 minutes read Issue 7
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    No Longer A Pipe Dream

    Britain’s reliance on foreign imports of gas and coal hit an all-time high last year. And that dependency is set to increase. By 2020, Centrica, the parent company of British Gas, believes the UK will be importing 70% of the gas it needs.

    For energy-hungry companies like INEOS, with manufacturing plants in the UK, that’s a major concern and one it can no longer ignore.

    INEOS is planning to invest millions in creating opportunities for more underground gas storage facilities in the UK.

    The decision – made by INEOS earlier this year – comes at a time of growing concern over spiralling energy costs in the UK, the security of Britain’s energy supplies and the nation’s increasing reliance on foreign imports.

    Gas stored in the cavities at the Holford Brinefield in Cheshire will play a part in keeping the lights on in the UK and ultimately keep industrial consumers such as INEOS in business.

    The benefits for INEOS, though, will actually be twofold.

    “Even without gas storage, cavities would still be formed as they provide the brine that INEOS needs at its two sites in Runcorn,” said Richard Stevenson, Project Manager at INEOS Enterprises. “The proposed development would simply make use of the salt cavities once all the brine has been extracted.”

    Controlled solution mining has taken place in the Holford Brinefield since the 1920s. Since that time, over 200 cavities have been safely mined by INEOS and its predecessors.

    INEOS ChlorVinyls uses the concentrated salt solution to produce chlorine, which keeps most of the UK’s drinking water safe. INEOS Enterprises’ Salt Business also uses it to produce table salt, water softeners and de-icing salt.

    If planning permission is granted, this would be the third gas storage project at the Holford Brinefield and would create an additional 19 gas storage cavities. Today, a significant number of cavities are in use for the production of brine, eleven are operational for gas storage with a further eighteen being developed for gas storage.

    The importance of gas storage in the UK should not be underestimated.

    Recently the Energy and Climate Change Committee called on the British Government to double the UK’s current gas storage by 2020.

    As such, the proposed development at Holford has been classified as a Nationally Significant Infrastructure Project, which means – unlike most planning applications – it will not be decided by the local authority. Instead it requires a Development Consent Order from Ed Davey, the current Secretary of State for Energy & Climate Change.

    INEOS and Keuper Gas Storage Limited, a wholly-owned subsidiary of INEOS Enterprises Group Limited, are expected to apply for that order early next year.

    It is hoped Mr Davey will make a decision in 2016 so that construction can start the following year. INEOS would then expect to start storing natural gas in the specially-designed underground caverns from 2020.

    “This is an important proposal for the UK’s energy security and would provide vital investment and jobs for Cheshire,” said Greg Stewart, INEOS Enterprises’ Operations Director. “It is also a significant investment, which can be delivered without subsidies from the Government.”

    In March this year Centrica, the parent company of British Gas, warned that the UK would be importing up to 70% of its gas by 2020.

    Chief executive Sam Laidlaw said Britain’s energy security supply risked becoming the ‘forgotten priority’ of European energy policy.

    “In the UK an estimated 3.7 Gigawatts of coal-fired generating capacity will be shut down by the end of 2015 as a result of European directives to curb emissions,” he said. “The country’s reserve capacity is forecast to shrink to 4%, increasing the risk of power cuts. Yet no new capacity is being built. The UK’s production of gas is falling rapidly. North Sea oil and gas output has fallen by 38% over the past three years. By 2020 we will be reliant on imports to meet 70% of the country’s gas needs. So when it comes to security of supply, there is a pressing need for solutions.”

    For a company like INEOS, which uses as much energy as the city of Liverpool to power its plants in Runcorn, it’s not a forgotten matter. It’s very much a priority.

    The UK became a net importer of energy in 2004. In 2010 it was importing 28% of its supply. Last year it rose to 47% with exports at their lowest level since 1980.

    Successful development of this project, along with the previous two INEOS supported gas projects in Cheshire, would have a combined ability to deliver up to 40% of the UK’s daily gas storage capability.
    “If there were a major supply disruption to the UK, the gas stored on the INEOS Enterprises Brinefield, including this project, could help to keep the lights on in the UK for nearly two weeks,” said Richard.

    Gas from the National Transmission System would be stored in the cavities when demand is low, usually during the warmer, summer months. When the demand increases, it will be fed back into the UK’s National Transmission System.

    Cheshire is one of the few places in the UK where gas can be safely stored underground due to the geology. The salt stratum is impermeable which means gas cannot pass through it.

    For more details log on to www.kgsp.co.uk

    4 minutes read Issue 7
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    Why Does It Matter

    The discovery of the Higgs boson particle, which gives substance to everything in the universe, turned physicists into rock stars for a day. It had been spectacularly difficult to find but a generation of physicists were so convinced that it was out there – somewhere – that they persuaded 40 countries from around the world to create the most complex machine ever built to test the theory.

    But what about the rest of us? Were we actually bothered? Should we care? And why does this discovery matter? INCH went to CERN, close to the INEOS headquarters and listened to some of the scientists involved.

    It was one of the biggest scientific discoveries of all time.

    Many physicists, whose careers had been dominated by the search for the elusive Higgs boson, thought they might never live to see it.

    But the average man, woman and child in the street are still probably wondering what the discovery of the Higgs boson particle has got to do with them, and whether it was worth the £6 billion spent trying to find it, especially in the midst of a global recession.

    It’s a question that Ainissa Ramirez, a former associate professor of mechanical engineering and materials science at America’s Yale University, understands.

    “This discovery is up there with Copernicus,” she said. “But people don’t want to know the details of the Higgs. Not yet. They want to know why it is important and how this changes human history.”

    One thing is certain. It will shape our world. We just don’t know quite how yet.

    “I cannot promise that the discovery of the Higgs particle will lead to a new type of non-stick pan, or any other concrete change to daily activities,” said Professor Dave Charlton, scientific leader of the ATLAS experiment at CERN which discovered the particle. “It probably won’t. But I hope the person in the street shares the common goal of many people to understand more about the way things work. Pushing the boundaries towards the deep building blocks of the universe is surely a cultural as well as a scientific imperative.”

    Professor Charlton, who is also a professor of particle physics at the University of Birmingham in the UK, said it was difficult to compare the Higgs discovery with previous historical discoveries, like radioactivity or the structure of DNA.

    “It’s just too early,” he said. “It can take decades or longer to figure out how such new physics will work through into new technologies. We don’t know what the consequences will be in terms of the next scientific steps. But we do know we have just taken a very big step in establishing how particles can have mass.”

    To discover the Higgs boson – the particle that gives mass to everything we see and arguably the most coveted prize in physics – scientists needed to recreate conditions less than a billionth of a second after the Big Bang 13.7 billion years ago. And to do this, they needed to build the most complex machine that had ever been built.

    For 15 years more than 10,000 scientists from 40 countries invested their time and expertise in creating an atom-smasher in a near circular 27km-long tunnel 100 metres (325ft) underground near Geneva, Switzerland.

    Professor Sir Jim Virdee, from London’s Imperial College, said some of the technology did not even exist when they started designing the Large Hadron Collider (LHC) which would accelerate sub-atomic particles to almost the speed of light and then smash them together.

    But the discovery of the Higgs boson in July 2012 – and confirmed in March this year – finally showed the world what theoretical physicists Peter Higgs, Robert Brout and François Englert had predicted almost 50 years earlier. Looking into the future, it may solve fundamental questions about the origin of the universe, and, perhaps more importantly, its fate.

    “We have answered one deep and long-standing puzzle,” said Professor Charlton. “But the discovery has also posed more questions than it has answered. Some of these questions are not new but they are crystallised into real problems by the discovery. They are no longer hypothetical problems.”

    Ms Ramirez said when the electron was discovered in 1897, its uses were not obvious. “What is obvious today is that we can’t live without electrons, since they run through all our electronics,” she said.

    CERN, the European Organisation for Nuclear Research, was founded in 1954. Its mission was – and still is – to advance the frontiers of technology, find answers to questions about the universe, bring together nations through science and train the scientists and engineers of tomorrow.

    “Understanding the world around us has been a basic human interest from time immemorial,” said Professor Charlton. “People work together at CERN irrespective of nationality, gender, religion or other distinctions, because we all want answers to these basic questions.”

    Over the years thousands of scientists and physicists have passed through the doors.

    When the LHC was switched on in September 2008 to global fanfare, scientists were venturing into the unknown.

    The machine in their midst was capable of producing enough data to fill 100,000 CDs every second. The challenge would be to find a way to sift through that data to find the only standard model particle that had never been seen.

    Every second there were about 800 million head-on collisions at almost the speed of light. If scientists had recorded all the data, it would have been like trying to make 50 billion telephone calls all at the same time or listen to songs for 600 years.

    “Just a fraction of those collisions were of interest so we had to cut it down very quickly to the most interesting events,” said Professor Charlton.

    Initially there were teething problems. Thirty six hours after the LHC had been switched on, it had to be shut down again due to a faulty electrical wire between two magnets which had been melted by the high current passing through it.

    The LHC was finally restarted in November 2009 after repairs and the installation of a new safety system.

    Life without the Higgs Boson would not be life as we know it. Particles would have continued to fly through the universe, never clumping together to form anything.

    “It is astounding that we understand only a small fraction of the stuff in the universe,” said Professor Charlton. “The next data we take at the LHC could give us deep insights into the dark universe (dark matter) that we do not understand.”

    The LHC was shut down in February last year for a massive upgrade. When it restarts in January physicists can only imagine what they might find.

    All they know is this is just the beginning.

    “There are still many mysteries there,” said Professor Charlton. “We do know now, though, that empty space is not as we had thought. Empty space contains something, an invisible “Higgs field”, which all particles interact with. The discovery of the Higgs boson is a big step forward in our understanding of the deepest structure of nature.”

    As a professor of particle physics, probing deep into the basic structure of matter and forces, he believes nothing is impossible.

    “All scientific problems can be attacked,” he said. “Sometimes they may take years or decades to solve, but it should be possible to find answers to how things work. Understanding each new puzzle just takes time and energy and people and money.”

    Meanwhile, as a major, international laboratory, CERN has now set its sights on something even bigger.

    It wants to build a new underground machine that would be four times the size of the LHC. The 100km tunnel, which would encircle all of Geneva, would have unparalleled energy levels.

    6 minutes read Issue 7
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    CERN Finds Its Place In History

    Key technologies developed at CERN over the past 60 years have been finding their way into the outside world – and benefiting society.

    So far, The European Organisation for Nuclear Research can be thanked for giving the world more efficient solar panels, the World Wide Web, touch screen technology and medical imaging to name but a few.

    “The common drive for knowledge pushes us continuously to look for, and often develop, innovative technologies which are useful to us, as well as to others,” said Professor Dave Charlton.

    You would assume CERN has always benefited financially through patenting such inventions. But it hasn’t - due to the highly collaborative way it works.

    As one of Europe’s first joint ventures, its member states pump in millions of euros into the organisation every year to help develop new technologies which means they don’t want to then have to pay to use the inventions in their own countries.

    In the past CERN simply published details of its inventions in the same way it published its scientific discoveries. In other words, they were freely available.

    In 2010, though, CERN signed an agreement with the United Nations’ World Intellectual Property Organization (WIPO) to ensure it benefited from its engineers’ innovations.

    “Basic science is the driving force for innovation,” said CERN director General Rolf Heuer. “It is therefore vital for organisations like CERN to ensure that their knowledge and technologies find fertile ground for development.
    The agreement with WIPO will stimulate both organisations to explore joint ventures that may also involve other international organisations.”

    For CERN has many success stories of which it is proud. Here are just some of them.

    WWW

    Early research at CERN led to the World Wide Web. Tim Berners-Lee, one of its computer scientists, wrote and circulated a hypertext project in 1989 so that staff could access reports, notes and databases. A subsequent report was published in 1993. CERN recently celebrated 20 years of putting World Wide Web software in the public domain by restoring the first website to its original web address – http://info.cern.ch/hypertext/WWW/TheProject.html

    TOUCH SCREEN TECHNOLOGY

    Apple has long been credited with inventing touchscreen technology with the iPhone but the company simply innovated it. Engineers Bent Stumpe and Frank Beck actually developed the world’s transparent touch screen in the early 1970s which reacted to certain objects like a stylus. It was manufactured by CERN and put to use in 1973.

    SOLAR PANELS

    Vacuum technology developed at CERN for particle accelerators is now being used to make a new generation of solar panels with outstanding insulation. Crisoforo Benvenuti, who invented them, said that temperatures of 80 degrees Celsius had been recorded inside the panels even when they were covered in snow.

    EMAIL ENCRYPTION

    In May this year three young entrepreneurs, inspired by their time at CERN, launched ProtonMail, a secure email service with a sophisticated encryption system to deter would-be spies. The idea for the company was born in a CERN cafeteria where physicists and engineers regularly meet and share their ideas over coffee.

    POSITRON EMISSION TOMOGRAPHY (PET) SCANS

    CERN developed bismuth germanate and transparent lead tungstate crystals for its detectors. Today both types of crystals are used in PET scans which help to diagnose cancer. The PET scan produces detailed three-dimensional images of the inside of the body which can show how far a cancer has spread or how well it is responding to treatment. And accelerator technology, of which CERN is a lead laboratory, is now being used increasingly for medical purposes such as cancer treatment via hadron therapy, which allows to deliver a very localised dose of radiation to a tumour site more precisely than before.

    4 minutes read Issue 7
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    Out Of Harm’s Way

    We live in a world where technology is advancing at an unprecedented rate. But who is driving it? The military or the commercial world?

    The world owes the existence of some of the most exciting technological developments in history to the military.

    Necessity was certainly the mother of invention during the 20th century. War demanded the best, focused the mind, pushed the frontiers of what was possible and inspired people to think faster and smarter than the enemy.

    Computers, thermal imaging, radar, GPS, jet engines, carbon fibre and drones were all developed for the military long before they found a place in everyday civilian life.

    But the dynamic has changed somewhat.

    “In the past defence and aerospace were the big drivers of innovation,” said Neil Stansfield, Head of Knowledge, Innovation and Futures Enterprise at the UK Government’s Defence Science and Technology Laboratory. “However today, innovation comes from many more sectors and has commercial drivers.”

    That said, the military’s need for innovation should never be underestimated as access to new technology provides competitive advantage that can quite literally be the difference between life
    or death.

    “In some niche areas, the military will always drive innovation and be an early adopter,” said Neil.

    Only two months ago the US Government’s Defense Advanced Research Projects Agency unveiled its latest invention – hand-held, gecko-inspired paddles that let humans scale vertical glass walls like Spiderman.

    Using the new technology, a man weighing 218lb – and carrying a 50lb load – climbed a 25ft vertical glass wall without ropes or hooks.

    Dubbed the Z-Man project, scientists said they had looked to nature – the gecko – for inspiration to help soldiers gain the high ground in built-up warzones without the need for ropes and ladders.

    “The gecko is one of the champion climbers in the animal kingdom, so it was natural for us to look to it for inspiration in overcoming some of the manoeuvre challenges that US forces face in urban environments,” said Dr Matt Goodman, the DARPA programme manager for Z-Man.

    Not only that, but the man-made, reversible adhesives that DARPA created using nanotechnology could one day find their way into everyday life.

    Whatever part the military finally does play in the future should never detract from the importance of its role in the past.

    The global positioning system, commonly known as GPS, was invented by the US Air Force in the mid-seventies to guide missiles. Today most of us, including aircraft pilots, sailors and fishermen, use the space-age technology to avoid getting lost. Many mobile phones and modern cars are also equipped with satellite navigation systems which let people know exactly where they are in the world at any time.

    “All smartphones now come with maps and location services as standard,” said Ben Taylor, Senior Corporate Communications Manager at Vodafone UK. “And Ofcom believes that more than half of all adults in the UK now own a smartphone.”

    The very first thermal imaging camera was developed for the military in Sweden in 1958 by AGA. The camera’s ability to produce a crisp image in total darkness and through smoke meant it became a valuable tool in combat zones.

    Today thermal imaging cameras help police to track down suspects in the dark, sailors to navigate at night, fire crews to search smoke-filled buildings for survivors, and rescue teams to locate earthquake victims trapped under tons of rubble.

    FLIR Systems, the world leader for thermal imaging cameras, said they were also often used to detect gas leaks and scan buildings for signs of poor insulation and damp.

    The world’s first electronic digital computer was designed by engineers for the US military during the Second World War to help them calculate artillery firing ranges. When ENIAC, as it was known, was finally shown to the public on February 15, 1946, in Philadelphia at Penn’s Moore Building, the press hailed it as a ‘giant brain’.

    It had cost almost $500,000 but this revolutionary device – as we all now know – changed the
    world forever.

    “Without ENIAC, we would not have Google, we would not have Microsoft or many of the things that are driving today’s economy,” said Bill Green, a former Democratic Councilman-at-Large on the City Council of Philadelphia, Pennsylvania.

    Another technology that originated in the military is radar, which was developed by several nations before and during the Second World War, and was heavily deployed across the UK as part of an early warning system to detect incoming enemy aircraft.

    Today radar is used to forecast the weather, help aircraft fly and land safely and enable the police to catch speeding drivers.

    The British engineer, Sir Robert Watson-Watt, who contributed significantly to the development of radar, was reportedly pulled over for speeding in Canada in the 1950s by a policeman armed with a radar gun. As the officer spoke to him, he is believed to have replied: ‘Had I known what you were going to do with it, I would never have invented it.’

    Radar technology also led to the first microwave oven. During an experiment with magnetrons in his Raytheon lab in Massachusetts, American scientist Percy Spencer discovered that the radar transmitters had melted a chocolate bar in his pocket. Amazed, he sent his assistant for a bag of popcorn, spread the corn over the table near the magnetrons and then waited. Less than a minute later, the kernels began exploding.

    Today drones, first developed as target practice for the military in the 1930s and now heavily used for surveillance and bombing missions, are gaining ground in the commercial world. Civilian air space is expected to be opened up to all kinds of drones in the US by 2015 and in Europe by 2016. And The Federal Aviation Administration in the US estimates that 30,000 civil and commercial unmanned aircraft could be in the skies by 2030.

    “I certainly saw how the military technology could be used in a commercial environment when I was in the RAF,” said Mark Sickling, who flew drones over Afghanistan and Iraq on both reconnaissance and armed missions from a control base in Las Vegas.

    He is now chief pilot at Cyberhawk, which uses remotely-operated aerial vehicles to inspect everything from live flare tips at INEOS and Petroineos sites, to wind turbines and off-shore oil and gas installations.

    Mark said a lot of commercial technology was now being leveraged by the military because of shrinking military budgets.

    One commercial enterprise, which is carrying out its own extensive research into the use of unmanned drones, is Amazon, the world’s largest online retailer.

    Last year it announced that it was testing ‘Octocopters’ to deliver packages weighing up to 2.3kg to customers within 30 minutes of them placing the order.

    “I know this looks like science fiction, but it’s not,” said chief executive Jeff Bezos. “I don’t want people to think this is just around the corner. It is years of additional work. But it will work. It will happen. And it’s going to be a lot of fun.”

    Craig Roberts, CEO at Cyberhawk, isn’t quite as optimistic as Jeff at Amazon.

    “It is a lovely idea,” he said.
    “But it is science fiction at the moment because it could not be done safely within the current CAA restrictions on flying.”

    In the UK, for example, unmanned aircraft cannot fly higher than 150 metres or within 50 metres of a built-up area or road and pilots must be able to see the aircraft at all times.

    “Amazon’s idea is a long, long way off,” said Craig.

    7 minutes read Issue 7
  • rise-of-the-banner.jpg

    Rise Of The Drones

    Successful innovation starts when someone finds a gap in the market.

    Malcolm Connolly, a chemical engineering graduate, found his – dangling off the end of a rope.

    For 10 years he had been ‘working at height’, inspecting North Sea oil and gas installations, often hundreds of feet in the air and in challenging and dangerous conditions.

    “He thought there must be an easier way to do this,” said Craig Roberts, who is now CEO of the company that Malcolm founded.

    There was. Malcolm and his team at Cyberhawk guided the development of a fleet of remote-controlled aerial vehicles that could fly in 28mph winds, operate in high ambient temperatures and inspect flares while live and, it turned out, do a week’s work in an afternoon.

    One such job saved an off-shore gas drilling and production platform in South East Asia more than $2 million and eliminated the need for their staff to work at height, dramatically improving safety.

    “In the past they would have had to shut down the plant for seven days to allow time for a rope access crew to access and inspect the flare,” said Craig.

    Today Cyberhawk, which uses remotely-operated aerial vehicles to inspect everything from live flare tips to chimney stacks, ducting and pipe racks to the underdeck of off-shore oil and gas installations, has an impressive list of clients including Shell, BP, Chevron, Exxonmobil, Total and INEOS and has worked for many of the world’s largest energy companies in Europe, the Middle East and Asia.

    While the public debate rages on over the ethics of using drones for bombing missions, Cyberhawk is proud of the pioneering work it is doing to lift people out of danger.

    Video

    Drones

    00:00

    In 2010 when Cyberhawk agreed to inspect an on-shore flare for INEOS Grangemouth, it was venturing into the unknown. No one had attempted to fly an unmanned aerial vehicle within a few metres of a flare tip.

    After several on-shore flare inspections, Cyberhawk conducted what it understands to be the world’s first off-shore inspection in the North Sea in 2011 for ConocoPhillips.

    And in 2012 it became the first company to inspect an off-shore wind turbine off the UK coast.

    “Leading the field, though, has meant we have had to establish our own training and R&D centre,” said Craig. “We believe if you want to grow your company in a dynamic manner, you need to invest in research and development.”

    INEOS initially hired Cyberhawk to inspect its live flare stacks and chimneys at its Grangemouth plant in Scotland, UK.

    “In the past INEOS would have had to shut down the flare, with the associated loss in production, perhaps erect scaffolding around the flare tip and then send a technician to the top of the stack, ” said Craig. “Now production can now continue as normal while we inspect the flare and there’s no need for people to work at height or in dangerous areas.”

    High definition video, photographic and thermal images – captured by the remotely-operated aerial vehicles – allow anomalies to be identified and thermal images help to identify potential problems such as “burn back” where the gases are igniting within the body of the flare.

    “We can see what a person would see inspecting a shut-down flare but, because we inspect the flares while they are live, we can also obtain thermal images,” he said. “We also inspect all the flare whereas a person would only note the points of interest.”

    Once the job is done, the results are discussed on-site immediately.

    Each aerial vehicle is battery-powered, has eight propellers, and may be fitted with a still camera, HD video recorder, gas sensor and a thermal imaging camera. But even with all that kit on board, it still weighs less 2kg.

    “To illustrate how light and small our aerial vehicles are, we often compare it to a large seagull – at least when we’re speaking to clients who operate in the North Sea,” said Craig.

    Accidents have been known to happen. But to others.

    In April this year a UK shop owner became the first person successfully prosecuted by the Civil Aviation Authority for dangerously flying a small unmanned surveillance aircraft within 50 metres of the Jubilee Bridge on the Walney Channel in Cumbria.

    “It can be a problem because it is easy to buy a hobby kit and fly in a public area without an understanding of how to safely operate the remotely-operated aerial vehicle,” said Craig. “What Cyberhawk does is a million miles away from that.”

    Cyberhawk’s ‘pilots’ are trained to the highest possible standard – and trained to expect the unexpected.

    To qualify as an off-shore pilot, Cyberhawk staff must first pass four levels of internal training and certification over-and-above the basic qualification supported by the Civil Aviation Authority. And its services are proving invaluable.

    “Because we are able to monitor a problem very easily, companies can, despite having an issue, often avoid unplanned shutdowns and stick with their planned shutdown programme,” said Craig.

    Inspecting live flare tips, though, is only part of Cyberhawk’s success story.

    It has also used its remotely-piloted aerial vehicles to record the construction progress of a whisky bottling plant, survey a restored opencast mine, inspect meteorological masts at sea and monitor a herd of seals without disturbing their natural environment. INEOS has also used Cyberhawk to film sites for use in short films to help inform its communities.

    7 minutes read Issue 7
  • getting-the-chemistry-banner.jpg

    Getting The Chemistry Right

    Without scientists pushing boundaries, the world would be a very different place. Many of the things we take for granted just would not exist. So how do you convince young people to pursue a career in science and chemistry? It’s a problem for many countries. But planet earth needs scientists if it is to tackle global poverty and global climate change.

    There’s no doubting that Albert Einstein was a genius.

    The German-born American physicist may not have learned to swim, but he turned the world upside down with his theory of relativity.

    Say ‘Einstein’ to the man in the street, though, and he sees ‘an old man, with piercing eyes, wild grey hair in a crumpled laboratory coat’.

    And that is part of science’s problem.

    “To many people, science looks like an old man’s game, but it isn’t,” Professor Brian Cox said during a recent interview with a British national newspaper. “Most of the science in the UK is done by people in their 20s. Even Einstein did all his world-changing work when he was a young, good-looking man who drank and misbehaved a bit. So it’s possible to do both.”

    Professor Cox, a former pop star who had a hit in the 1990s with D:Ream and Things Can Only Get Better, is passionate about opening up science to the masses in the UK.

    Last year he presented five BBC programmes, entitled Wonders of Life, in which he revealed how a few fundamental laws of science gave birth to life. Beth Regan, a publicist at BBC Factual in the UK, said the series attracted an average of almost three million viewers.

    “Broadcasters have a big responsibility to rebuild the image of science,” Professor Cox told Daily Telegraph journalist Bryony Gordon. “They need to show that it is not necessarily a game just for super genius people either.”

    Recent research by King’s College London found that many British children aged 10 to 14 would rather be hairdressers or beauticians than scientists. Although they agreed science was interesting and felt that scientists made a difference in the world, they saw
    it as a career for ‘highly-talented geeks’ only.

    “Liking science clearly is not enough,” said Professor Louise Archer, director of the ASPIRES study which presented the findings of the five-year UK Government Department of Education & Professional Studies report.

    But she felt the negative views of school science and scientists were not the problem. The issue, she said, was a lack of awareness of where science could lead.

    “Most science qualifications were seen to lead only to jobs as a scientist, a science teacher or a doctor,” she said.

    Many governments and organisations throughout the world are concerned that not enough young people are opting to study Science, Technology, Engineering and Mathematics (STEM) after the age of 16.

    It has become an international priority issue for governments and industry with widespread concern about the knock-on effects on a country’s ability to compete and innovate in a global economy.

    “National governments are striving to improve the competitiveness of their countries and, with few exceptions, are emphasising the key role STEM industries have in helping them to achieve their goals,” said Derek Bell, Professor of Education, College of Teachers.

    Professor Bell was speaking at a global conference of science academies. In all 100-plus delegates from 58 countries came to hear what could be done to improve science education.

    That was in 2012. Five years earlier The European Commission had warned that there had been an ‘alarming decline’ in young people’s interest in science and mathematics in Europe. It said despite efforts to reverse the trend, any signs of improvement had been modest, and feared Europe’s long-term ability to innovate and remain competitive would be damaged unless more effective action were taken.

    One of its recommendations was to radically change the way science was taught in primary and secondary schools to a more inquiry-based style.

    Since then more and more countries have adopted inquiry-based science education, a method of teaching which encourages pupils to pose the questions.

    In Germany, where inquiry-based science education is now part of the curriculum in many schools, INEOS in Köln is very much in the driving seat.

    “Since 2008 we have formed strong, well-established, long-term partnerships with 23 primary and eight secondary schools which have adopted the TuWaS! programme,” said Dr Anne-Gret Iturriaga Abarzua, communications manager at INEOS in Köln. “We understand the need to bring relevance to the school curriculum with visits to our sites and employees in the classroom. These partnerships help us as a company, as an industry and also as a developed industrial country to attract young people – especially girls – who are curious, enthusiastic and motivated to make the world a better place through science.”

    So far, four German states have adopted the TuWaS! programme for children aged 6 to 12. The programme was founded by Freie Universität Berlin Professor Dr Petra Skiebe-Corrette after she had seen a similar model working wonders in Sweden.

    Teachers attend a one-day seminar during which they are taught the natural science and technical experiments first. They then return to the classroom, armed with a school year’s worth of experiments and the confidence to teach them.

    INEOS in Köln is the biggest financial supporter in the Rhineland sponsoring almost half of the 70 schools which have adopted the TuWaS! programme. INEOS employees act as ambassadors, and have so far reached more than 6,000 children.

    “The TuWaS! programme forces children to ask questions rather than receive ready-made answers,” said Andreas Niessen, dean of the Geschwister-Scholl-Gymnasium in Pulheim.

    At a global academies conference in Finland in 2012, Anne-Gret was invited to speak about how science education and industry could successfully work together.

    “It was the first time that someone from industry had actually been invited to speak at their conference,” she said.

    Inquiry-based science education owes its existence to America, where it originated, but the US is also facing an uphill battle in selling science to the masses.

    In June this year Lisa Coico, President of the City College of New York, said that she was concerned about the dearth of American high school students wanting to major in science, technology, engineering and mathematics.

    “There is much more to the STEM disciplines than memorisation of formulas and mind-numbing repetitive calculations,” she said. “These fields are on the front line of addressing the most significant challenges facing society, from climate change to environmental health and diseases to next-generation computing and communication technology.”

    To try to address the decline, the city college has adopted a holistic approach to learning created by the Cooperative Remote Sensing Science and Technology Center.

    “When we expose students early on to what STEM professionals do, the more likely they will be interested in becoming scientists, engineers, physicians, and more,” she said.

    The US Bureau of Labor Statistics estimates that by the year 2018 there will be 1.2 million new job opportunities in science, technology, engineering and mathematics but fears there will be a significant shortage of qualified college graduates to fill
    those jobs.

    Dennis Seith, CEO of INEOS O&P USA, is a member of the Texas A&M University Engineering Council, which is working with the dean of engineering to define industry’s needs and work on teaching methods. The goal is to enrol 25,000 engineering students by 2025 – twice the current number of students signing up.

    INEOS O&P USA has also set up an initiative to increase INEOS’ access to talent by cultivating relationships with local regional technical schools and training centres and is already helping to develop skills internally by taking on apprentices.

    It all helps.

    As a company which needs a continuous supply of highly-skilled, highly disciplined employees, INEOS cannot afford to ignore the problem. Nor is it.

    At INEOS’ Grangemouth site in Scotland in the UK, INEOS organises a major, two-week Science Engineering and Technology Fair every year, where 2,000 local children are able to gain hands-on experience of science and engineering.

    “It’s the best way to get young people excited about engineering and manufacturing and dispel any preconceptions that they have about science being a ‘boring’ career,” said Tom Crotty, Corporate Affairs Director.

    In addition, every year the Royal Society of Chemistry organises the UK Chemistry Olympiad for pupils in the UK, and INEOS has been sponsoring the competition since 2007 to help inspire the next generation to take up science as
    a career.

    “INEOS’ support has enabled us to significantly widen participation in the competition,” said Jim Iley, Director of Science and Education at the Royal Society of Chemistry.

    Others are also driving home the message that science is cool.

    Elise Andrew launched website www.iflscience.com when she was in her final year of her biology degree at Sheffield University in the UK in March 2012 and in October last year told The Guardian newspaper: “I love that science can never be finished. In science every question answered leads to two more.”

    Someone who wouldn’t argue with that is Professor Dave Charlton at CERN near Geneva in Switzerland. He said he hoped the discovery of the elusive Higgs boson – the so-called ‘God particle’ – would help to inspire a new generation of physicists and scientists.

    “At CERN we are always keen to explain our science, and how we do it, to non-experts because an understanding of the methods and concepts of science lies at the basis of our society,” he said.

    Crisis? What crisis? asks China

    Science does not have an image problem in China which is now the second biggest economy in the world.

    A recent report by America’s National Science Board found that over the past 20 years, China had been devoting more and more money to science and technology.

    In 2011 China became the largest Patent office in the world with 526,000 applications being filed, compared to the USA which in the same year filed some 503,000 applications. And the gap continues to widen.

    Suwatchai Songwanich, CEO Bangkok Bank, said in a recent article for The Nation Multimedia Group that China’s goal was to be a leader in science education and that China viewed science and technology as critically important to its economic success.

    “The goal is to transform China from an industrial society into an innovative society,” he wrote. “And one way the government plans to achieve this is to greatly increase the level of investment in research and development, with a target of R&D contributing 2.5 per cent of GDP by 2020.”

    9 minutes read Issue 7
  • ineos-journeys-banner.jpg

    INEOS Journeys Into The World Of The Electric Car

    Electric cars are nothing new. Thomas Parker, an Englishman, actually came up with one that ran on rechargeable batteries in 1884. But dwindling resources of fossil fuels and concerns about CO2 emissions are now forcing us as a society to consider them as a serious alternative. Unsurprisingly INEOS has been quick to explore whether to switch to electric cars at its sites around the world.

    Video

    e-cars

    00:00

    Electric cars on their own won’t save the planet. No one disputes that.

    But it’s perhaps a start. A move in the right direction, at least, towards lowering carbon emissions and creating a more sustainable world for future generations.

    The difficulty, though, is how do you convince people to change their way of life today without paying more?

    INEOS’ own journey into the world of the electric car has already begun. At its Antwerp site in Belgium, Köln in Germany and Lavéra in France.

    Antwerp is currently deciding which road to travel after trialling an e-car on the site, Köln is currently running trials, but at Lavéra, site policy is now to use an electric car for on-site journeys wherever possible.

    In France companies in the Provence Alpes Cote d’Azur region, which employ more than 250 people, must pledge to help reduce air pollution caused by their own staff. And last year Provence Alpes Cote d’Azur made it mandatory for 30% of a company’s car fleet to be electric or at least cars with low
    carbon emissions.

    “There were no sanctions at that time so not everyone abided by these rules,” said Bernard de Chanville, general services manager who also led the project. “But INEOS was – and is – considered as exemplary in this region by its community and local authorities.”

    Staff at Lavéra actually began testing a range of different e-cars five years ago.

    “I don’t remember exactly how many we have tested but it is a lot,” said Bernard. “Every time a new model came on the market, we tried it out.”

    Overall the staff liked the Renault Kangoo ZE van, which has been France’s best-selling all-electric vehicle since 2010.

    “It is the first really industrial model,” said Bernard.

    Despite the limited mileage before the battery needs recharging, staff said the van felt safe and was a pleasure to drive.

    INEOS currently operates nine vehicles for use
    on the Lavéra site near Marseilles.

    “Every time a car lease expires, we now look at whether it is possible to choose an e-car,” said Bernard. “Some of our vehicles, though, are also used off-site so the limited battery range of an e-car then becomes an issue.”

    Despite the drawbacks, the trials at its sites both fit very well with INEOS’ ethos as a company which prides itself on seeking out – where possible – safe, sustainable solutions to today’s challenges.

    INEOS’ purchasing directors are now investigating what would be needed to equip all its European and US sites with electric cars.

    “Electric cars are interesting for our site as we don’t need wide ranges, we have low speed limits on site so a reduced speed is a benefit, not a penalty,” said Bernard.

    If the price – and conditions – are right, INEOS could also become one of the first chemical companies to use energy generated by its own Combined Heat and Power processes to move people and goods around on site.

    “It is certainly a very innovative idea that would have a positive impact to reduce emissions from on-site vehicles and change attitudes,” said Peggy Gerits, Planning and Logistics Manager at INEOS Oxide in Antwerp, where staff have just finished a lengthy evaluation into the use of e-cars on their site.

    It would also be good for business for the chemical industry which is involved in the production of many of the components that are used in today’s e-cars, such as polypropylene for bumpers and butadiene for ‘green’, fuel-efficient tyres.

    The cost, though, is one of the main reasons given by the public for not making the switch to electricity.

    A two-seater Renault Twizy with a maximum speed of 50mph (80kph) costs about £7,000 (€9,000, $11,000). The short distances that can be travelled before the battery needs recharging is another perceived problem. After about 60 miles (100 km),
    it will need charging again.

    But Renault says that by 2020, a subcompact electric car will be cheaper to buy, it will go much further – possibly 250 miles (402 km) before it needs recharging – and be quicker to recharge.

    Antwerp trials e-car

    By Jenny Franken (Intern)

    Staff at INEOS’ site in Antwerp, Belgium started on an interesting journey when they began testing an electric car last year.

    Back in 2003 Essent build a Combined Heat and Power (CHP) Plant at INEOS Oxide’s site in Antwerp, with surplus power to be fed into the Belgian electricity grid. More recently both companies have sought additional cooperation for using the electricity produced by the cogen unit onsite, to extend the environmental benefits beyond production units on site. Discussions with Essent led to a partnership with 4iS a consulting firm that focuses on electromobility and a trial of electric cars agreed.

    For two months they were encouraged to use the car to transport equipment and pipes on short journeys around the site.

    “The car was used for basically every journey that could not be done by bicycle,” said Peggy Gerits, Planning and Logistics Manager at INEOS NV.

    The trial was a major team effort, involving INEOS, Essent, 4iS, which supports businesses that may want to switch to electric cars, Renault, which offered use of a test car, and Blue Corner, which provided the charging station.

    Their mission was to raise awareness of what it’s like to drive an electric car and gather feedback.

    And the feedback was largely positive.

    Staff said the car was safe, quiet and comfortable, and perfect for the short journeys around the site.

    Some, though, were concerned that the car posed a potential safety hazard because it was so quiet. They feared people might not hear it approaching or reversing.

    The other downside was remembering to charge the car’s battery, which could take up to an hour.

    “Driving an e-car is a different experience,” said Peggy. “It is more relaxed.”

    The electric car, tested by INEOS staff, had a top speed of 81mph (130kph).

    “That wasn’t an issue for us because there are strict speed restrictions on the site anyway,” said Peggy.

    Overall, though, the staff liked it.

    Cost is the main issue restricting public demand for this new technology. The high cost of e-cars today and the short distances that can be travelled of “just” 140 km-200 km means they are as yet not widely popular. But things are changing rapidly Renault says that by 2020, the range of a compact electric vehicle could be as much as 402 km (250 miles), the charging time will be significantly shorter and the overall cost to produce will be lower.

    Electric cars on INEOS sites would typically travel short distances. They would be parked on site out of hours, when they can be recharged, so they are a very helpful addition to the sites operation. To make these cars more popular and easier to handle the market has to develop. Future challenges will include reliability and durability of batteries and
    cost reduction.

    Antwerp now plans to review their internal car fleet to investigate the possibility of switching to e-cars.
    If it makes financial sense, INEOS may go down that road.

    What staff liked

    • 100% emission free
    • Safe
    • Quiet to drive

    What staff disliked

    • The need to recharge after short distances
    • Time-consuming to recharge
    • Expensive to buy

    15 minutes read Issue 7
  • out-of-this-banner.jpg

    Out Of This World

    This summer millions of people around the globe tuned in to watch the 2014 FIFA World Cup. But believe it or not, some would say that there was more to life than football as INCH discovered when it went in search of some of life’s more unusual, if extreme, sports and quirky events.

    1. Marathon des Sables
      You would think Mauro Prosperi’s incredible story of survival would be enough to deter anyone from signing up for the Marathon des Sables, a 158-mile (254km) race across the Sahara desert. But people are queuing up to fork out at least 2,700 Euros to take part. The race, dubbed the ‘toughest footrace on earth’, is the equivalent of running six marathons in temperatures of up to 120°F (49°C). Running in the sand dunes can cause your feet to swell. After three days your feet can feel like concrete slabs. Everyone must carry everything he/she needs for the six-day race except for water. The organisers kindly provide that. All 14 gallons a day of it for each competitor. Mauro, though, is unlikely to ever want to do it again. Twenty years ago the Italian policeman got lost during a sandstorm, ran out of food and water after 36 hours and spent nine days alone in the desert before he was found 186 miles (299km) off course by a nomadic family. He had survived by drinking his own urine and eating bats and snakes.

    2. La Tomatina
      Spain’s Tomatina is the food fight to end all food fights. There are no winners or losers; just a sea of red faces once the battle ends. In the past up to 50,000 people have thronged the streets of Bunol, near Valencia, to pelt each other with 140 tons of overripe, squashed tomatoes. Today organisers sell tickets to just 20,000. Shopkeepers use huge plastic covers to protect their shop fronts throughout the hour-long street battle. A cannon signals the start of the fight and another marks the end. Once it’s over, the town’s streets and walls are hosed down while everyone else takes a shower. The annual festival is believed to have been inspired by a group of teenagers who grabbed tomatoes from a vegetable stall and began to throw them at one another during a parade through Bunol in August 1945.

    3. The North Pole Marathon
      As marathons go, The North Pole Marathon is arguably the coolest. This year armed guards patrolled the marathon route as the 48 athletes from 16 countries braved the threat of hungry polar bears, temperatures of -47C and drifting ice floes to complete the 26.2-mile route. There are always so few competitors that they all merit a mention on the organisers’ official website. Competitor Robert Plijnaar from Holland wore three pairs of socks and three layers of clothing to keep warm. “I started off also wearing a mask and a pair of ski glasses but after 100 metres it was just like looking through an aquarium, so I had to take them off. Unfortunately, it meant I got frostbite around my eyes and nose,” he said.

    4. World Tuna Tossing
      It’s a hammer throwing competition with a twist. Instead of a heavy ball, contestants whirl a frozen tuna around their heads with a rope and then fling it as far as they can. Whoever throws the 17lb blue fin tuna the furthest during the Tunarama Festival at Port Lincoln, in South Australia, is crowned world champion.

    5. The Jungle Marathon
      If you are frightened of piranhas, it’s probably best to avoid The Jungle Marathon. Organisers say only the brave register for this event, which is deemed to be one of the toughest, wettest and hottest ultra-marathons in the world. And you can see why. Apart from the sweltering temperatures, competitors have to wade through swamps where anacondas lurk, scale steep, slippery muddy slopes, tackle dense undergrowth, cross piranha-infested rivers and spend more than one night in the depths of the Amazon jungle with jaguars and howling monkeys for company. All runners must carry a knife, a copy of their medical insurance and enough food for the seven-day, 158-mile (254km) race to the finish. If you are unlucky enough to need an IV drip, you’ll also find two hours added to your finishing time.

    6. Cheese Rolling
      An American Army veteran last year travelled more than 4,000 miles from his home in Colorado Springs to chase a 3kg large wheel of cheese down a steep hill in Gloucestershire in the UK. Thankfully the trip paid off; he won one of the races and some Double Gloucester cheese. The age-old cheese rolling event at Cooper’s Hill is an annual spectacle that draws huge crowds. Every year spectators watch a bunch of cheese rollers tumble down the hill after the cheese, which can reach speeds of up to 70mph (112km/h). The first person to reach the bottom of the hill wins the cheese. There have been a few minor injuries over the years. In 2009 a spectator was hurt when he fell out of a tree and had to be stretchered off with suspected fractures.

    7. Iditarod Trail Sled Dog Race
      The Iditarod Trail Sled Dog Race pits man and animal against nature, and has been called the ‘last great race on earth’. Mushers and their dogs cover 1,000 miles of the roughest, most beautiful terrain Alaska has to offer, including jagged mountain ranges, frozen rivers, dense forest, and miles of windswept coast, in temperatures often far below zero and winds that can cause a complete loss of visibility.

    8. World Bog Snorkelling
      There’s not a great deal to see at the World Bog Snorkelling Championships, not least because competitors can only surface from the gloomy, 55-metre, water-filled trenches to check they are heading in the right direction. Still that doesn’t stop the crowds lining the two muddy trenches nor the competitors who last year jetted in from France, Germany, Australia, New Zealand and Canada to dive into the freezing, smelly peat bog. The championships are held every year in Llanwrtyd Wells, the smallest town in Britain. Competitors must ‘swim’ two lengths of the 6ft deep trench without using conventional swimming strokes. But they are not alone. There are lot of creepy crawlies in the water, including the apparently harmless water scorpion.

    9. Baby Jumping Festival
      One of the most bizarre – and perhaps mildly alarming – events is The Baby Jumping Festival during which men depicting the devil leap over newborn babies lying on a mattress in the street. The festival, which dates back to the 1620s, is held every year in Castrillo de Murcia of Spain, and is part of the celebrations for the Catholic festival of Corpus Christi. The idea is to purify the babies’ souls, ward off evil spirits and protect them from sin.

    10. Tenzing-Hillary Everest Marathon
      Most of the Tenzing-Hillary Everest Marathon may be downhill but don’t be fooled into thinking that will make your life easy. Organisers of this annual event insist competitors are in Nepal three weeks before the race so they can acclimatise to the high altitude. The three-week ‘holiday’ includes a 14-day trek to the marathon starting point – Everest Base Camp (5364m/17,598ft) – under medical supervision, and an ascent of Kala Patthar (5545m/18200ft) for the best views of Everest. The race itself, which includes two steep uphill sections, criss-crosses highland Sherpa trails of the Khumbu icefall en route to the finish line at Namche Bazaar.

    11. Wife-carrying World Championships
      Finland may be the birthplace of the Wife-carrying World Championships but men come from far and wide to compete in this epic display of brute strength. Competitors must wade through a metre-deep pool of water, clear hurdles and run as fast as they can with their wives dangled upside down over their shoulders. A wife has to weigh at least 49kg (about 7.7st) or she will be given a heavy rucksack to carry. Dropping her incurs a 15-second time penalty. The man, who completes the 253-metre obstacle course in the shortest time, receives his wife’s weight in beer. The competition began in 1992 and is believed to be rooted in the legend of a hard-faced gang leader who made a habit of stealing women from neighbouring villages.

    12. Comrades Ultra Marathon
      It might only be a recent phenomenon that ultra marathons have gained such popularity but some of them, such as 90km Comrades Ultra Marathon in South Africa have been around for many years. It was run for the first time on 24 May 1921 between Durban and Pietermaritzburg. It is believed to be the world’s largest and oldest ultra marathon race. The direction of the race alternates each year between the “uphill course” (87 km) starting from Durban and the “down hill course” (89 km) starting from Pietermaritzburg. It was the idea of World War I veteran Vic Clapham, to commemorate the South African soldiers killed during the war. Clapham, who had endured a 2,700-kilometre route march through East Africa, wanted the memorial to be a unique test of the physical endurance of the entrants. The constitution of the race states one of its primary aims is to “celebrate mankind’s spirit over adversity”. The race attracts 18,000 runners each year, which included a team from INEOS in 2013, when Jim Ratcliffe, Leen Heemskerk, Chris Woods, Oliver Hayward-Young, George Ratcliffe and Alessia Maresca all successfully completed the course.

    8 minutes read Issue 7
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    INEOS Campaign Gains Ground – And Host Of Supporters

    Last year INEOS said it wanted to inspire thousands of children in the UK to give the TV, the Internet and video games a rest – to get off the sofa – and start enjoying life outdoors. It was an ambitious plan. A huge challenge. But INEOS is not one to run from a challenge. And with the help of little feet, INEOS’ GO Run For Fun campaign has been making huge strides.

    One of Britain’s most successful Olympic athletes has publicly backed INEOS’ ambitious plans to create the biggest children’s running initiative in the world.

    Double Olympic gold medallist Sebastian Coe, who was chairman of London Olympics’ organising committee, told guests at the launch of INEOS’ GO Run For Fun Foundation that much had been written about the importance of creating a lasting legacy of the 2012 Games.

    “GO Run for Fun is exactly what we were talking about,” he said. “INEOS has picked up the torch and run with it in the most profound way.”

    He was speaking just minutes before 500 children, aged five to 10, from 11 schools celebrated the national launch of GO Run For Fun with a 2km race at Queen Elizabeth Olympic Park London, in the shadow of the Olympic Stadium.

    The run, which mirrored events that have been held all over the UK since August last year, coincided with the launch of the GO Run For Fun Foundation, a new charity aimed at encouraging Britain’s youngsters to run for fun.

    Earlier INEOS chairman Jim Ratcliffe had also addressed guests and potential sponsors.

    “I do not feel comfortable asking for money,” he said. “But there has been such an insatiable appetite for us to stage these events that we cannot cope with the demand.”

    INEOS, which has invested £1.5million (€1.9m, $2.5m) to ensure the campaign’s success over the next three years, said there was enormous potential for it to grow way beyond the initial aim of 100,000 children.

    The Foundation is the first step to securing vital funding from government and businesses so that the GO Run For Fun team can run even more events with schools and local clubs across the UK and beyond.

    “Children used to be a lot more active when I was young,” said Jim. “We used to cycle, run or walk everywhere. Today they have a lot more distractions, and spend more time indoors playing on games consoles and smart phones than outside playing. It also doesn’t help that governments sell off school playing fields.”

    The World Health Organisation now regards childhood obesity as one of the most serious global public health challenges for the 21st century. And obesity is linked to diabetes, heart disease, cancer and dementia. And more worryingly for the UK, Public Health England says 30% of children aged two to 15 are now overweight or obese.

    “The biggest health issue in my parents’ day was smoking,” said Jim. “Now it’s obesity.”

    INEOS’ campaign is about encouraging children to get active, and start running again. For fun.

    So far the campaign has won an army of supporters, including some of Britain’s best athletes - Brendan Foster, Baroness Tani Grey Thompson, Colin Jackson and Sharron Davies.

    Teachers, whose schools have taken part in one of the all-inclusive events all over the UK, are equally as impressed and understand the importance of leading by example.

    “I think teachers can be huge role models in encouraging children, who may never have run before, to take part in events like this,” said Claire Snailham, a teacher Ivy Chimneys Primary School, Epping, Essex.

    Claire, whose father was a PE teacher, escorted 90 children to Olympic Park for the celebrity-led fun run. “The children didn’t take any notice of the rain,” she said. “It was so exciting for them to be running at Olympic Park and they loved it mostly because it was for fun and not just a competition for the fastest runners.”

    The run, which was started by Sky Sports News presenter Charlie Webster, also signalled the start of the race to find sponsors.

    And that, by all accounts, is now going well too, with INEOS’ a number of companies already inspired to offer their support for the upcoming year.

    “We have had positive support from quite a few companies already and we are in discussion with many more,” said Leen Heemskerk, the Chief Financial Officer at INEOS O&P Europe (North) who is also leading the GO Run For Fun campaign. The appeal for more support, though, did not end there.

    On June 5, Jim – plus 20 school children and one very large mascot called DART – lobbied politicians at the Houses of Parliament about the growing need to tackle childhood obesity.

    “Parents worry about their children’s increasingly inactive lifestyles and we want to help them,” said Jim. “But decisive action is needed by the Government immediately in support of kids, to give them the opportunity to do more exercise. Inactivity can no longer be ignored.”

    He said despite the number of reports highlighting the problem, little had been done by any of the political parties.

    “I met a number of parliamentarians and they all agreed that something must be done so it is disappointing that there is so little action being taken on this issue,” said Jim.

    The parliamentary reception was hosted by Alex Cunningham and provided Baroness Tanni Grey-Thompson, Charlie Webster and Brendan Foster, with an opportunity to remind politicians of the need to build on the Olympic legacy and agree a clear policy.

    Video

    GO Run For Fun in Pulheim

    00:00

    GO Run For Fun goes on tour

    Continental Europe also got a taste of INEOS’ GO Run For Fun campaign this summer.

    Events were held in Rolle (Switzerland) home to INEOS’ head office, and in communities close to INEOS sites in Antwerp (Belgium) and Köln (Germany).

    In all, more than 3,000 children aged between four and 12 took part in 11 runs.

    On hand to cheer them on and ensure each event ran smoothly were hundreds of staff from all three sites who willingly turned out to act as first aiders, marshals and hand out T-shirts.

    “It was heart-warming to see so many big smiles on the little faces,” said Katrien Poppe, Personnel and Communications Manager at INEOS Oxide who helped to co-ordinate the events with Nadine Ceustermans from the Geel site in Belgium. “Everyone was very enthusiastic.”

    The events in Belgium proved so popular – more than 1000 children, aged between four and 12, took part in six runs – that the local athletics clubs and schools are already asking INEOS to run them again next year. “The organisers were all very surprised at how fit Belgium children are but obesity is not really a problem in Belgium,” said Katrien.

    In June 1,500 children took part in four events in Germany. Olympic medallist, pole vaulter Björn Otto attended the first run. “It is very important that children get an early interest in sport because sport in any form is important for the future and development of children,” he said.

    The Dietrich-Bonhoeffer-Schule in Pulheim was one of the schools which took part. “It was a wonderful event,” said teacher Steffi Nickel. “And I am so glad that I encouraged my class to take part in it.”

    Dr Anne-Gret Iturriaga Abarzua, Communications Manager at INEOS in Köln, said childhood obesity was now becoming a problem in Germany. “Many schools already have a yearly sponsored run as part of their curriculum,” she said.

    The Swiss event saw 800 children from schools and sports clubs in Rolle, Nyon, Vich and Lausanne run 1.6km at the at the football ground in Rolle.

    “Getting Children excited by running at an early age is so important and means that they are more likely to continue later in life,” said Marisa Lavanchy, the Swiss record holder for the 4 x100 metre relay who started the race with Lausanne Hockey Club defender Federico Lardi. “Go Run For Fun is a wonderful initiative that helps achieve this. Who knows we might be encouraging the next generation of Swiss champions.”

    GO Run For Fun is planning to include more venues in its programme next year as it builds on a successful 2014 programme, which has attracted more than 35,000 children to date.

    10 minutes read Issue 7
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    Market Forces At Work

    INEOS is on the brink of creating a world-class chlorvinyls business. But the INOVYN joint venture with Solvay has achieved something else; it has given one of its other businesses, which until now had kept a relatively low profile, a chance to shine, as Ralston Skinner explained to INCH.

    Video

    Business Profile: Chlorotoluene

    00:00

    Demosthenes – arguably the greatest of Greek orators – once said that small opportunities were often the beginning of great enterprises.

    One who firmly believes that is Ralston Skinner, General Manager of newly-formed INEOS ChloroToluenes.

    The speciality chemicals business, which employs about 100 people, is about to stand on its own merits for the very first time.

    And Ralston is excited at the prospect of what it can deliver. To its customers around the world. And to the bottom line.

    “The business used to be part of the much larger INEOS ChlorVinyls where it was understandably a low priority strategically,” he said. “But all that has now changed with the INOVYN joint venture.”

    In short, a perhaps neglected bit of the business is about to take centre stage.

    Most of those who work for INEOS ChloroToluenes are based in Tessenderlo, Belgium. The rest are either in Maastricht in The Netherlands or Runcorn in
    the UK.

    The business, which has an annual turnover of 80 million Euros, sells about 50,000 tons of products every year.

    “With the right strategy, we’d hope to double turnover in the next three years,”
    said Ralston.

    Despite its current size, it is one of the top three manufacturers of chlorinated toluene derivatives in the world.

    “There aren’t many of us,” said Ralston.
    “In Europe there are only two or three big players who produce benzylchloride. There are no producers in Japan and just one in the US. That presents a massive opportunity for us. The market is there. We just need to develop our innovative logistics platform and we know the customers will want to do business with us.”

    In the world of chemistry, benzylchloride is the one we cannot live without.

    “It really is the building block for everything you can imagine,” said Business Manager Bruno Stockhem. “You name it – cosmetics, pharmaceuticals, agrochemicals, paints – it owes its life to it.”

    INEOS’ main competitor is in Europe. It may have similar technology but there the similarity ends.

    “Their heritage is completely different to ours,” said Ralston. “We have developed our products into different sectors.”

    ”They focus on cresols, the precursors for anti-oxidants, pharmaceuticals and personal hygiene such as toothpastes and mouthwash, whereas we produce products that are used to make things such as disinfectants, agrochemicals, paints, fragrances and resins,” he adds.

    The demand for agrochemicals – fertilisers, herbicides and pesticides, which are used by farmers in the production of crops – is one that is growing rapidly in the developing world.

    The United Nations believes that 9.2 billion people will be living on Earth in 2075. More people means more mouths to feed and a shortage of arable land. Agrochemicals improve productivity by helping farmers to tackle pests and weeds that can wipe out entire harvests.

    Last year Latin America’s agrochemical market grew by around a quarter to around $14 billion, with the world agrochemical market predicted to reach $223 billion by next year.

    In May The Crop Protection Association welcomed the UK Government’s commitment to do more to boost domestic agricultural productivity, but urged the European Union to adopt a similar approach.

    “Unfortunately, our European colleagues seem to be unaware of the role their continent must play in optimising agricultural productivity,” said Nick von Westenholz, CEO of The Crop Protection Association. “We see this most vividly with EU policy-makers taking an overly precautious approach to crop protection technologies. This has meant that many of the key crop protection products our farmers rely on are, or are at risk of, being taken off the market, even though they have been proven to be safe and are subject to one of the most stringent approvals processes in the world.”

    INEOS says the demand for agrochemicals is coming from Brazil, China and South Africa – all countries which have seen rapid agricultural development and want to become more efficient.

    “There is a real growth market for this kind of product in those countries,” said Ralston. “The growth is certainly not coming from Europe.”

    INEOS ChloroToluenes’ benzyl alcohol is also used in the production of anti-fouling marine paint which stops barnacles and algae from clinging to the hulls of ships, and slowing them down.

    It may be a small market, but it’s an important one.

    “Barnacles are actually a real problem because ships burn excess fuel when their hulls are encrusted with sealife,” said Ralston. “That in turn leads to increased carbon emissions.”

    Producing niche, speciality chemicals, which are not easy to replicate, is what INEOS ChloroToluenes is good at.

    “A lot of our customers are also relative specialists,” said Ralston. “So we might make one product for one customer. But we benefit when our customers find new, innovative uses for our products.”

    Looking ahead, there are opportunities, challenges and threats.

    INEOS faces a logistical challenge if it wants to increase exports to Japan and the US.

    “Japan has traditionally been supplied by China but we are looking at what we need to do to compete with China,” said Ralston.
    “It is going to be down to clever logistics but what we are good at is finding innovative ways to reach awkward destinations with awkward quantities.”

    The fear of increased EU regulation, which makes it difficult or uneconomic to exports chemicals, is always a danger.

    “There’s always the chance that one of our chemicals could be added to the ‘at risk’ list which makes it uneconomical,” said Ralston.

    As INEOS ChloroToluenes’ plans to grow its business by shipping chemicals around the world, it is also important that it is able to secure its supplies of toluene, which it mixes with chlorine to make all its products.

    INEOS ChloroToluenes currently buys most of its toluene from other companies. It knows that a reliable supply is key to its success and is continually looking at new ways to make sure this is not left to chance.

    “That’s why we are looking at projects which can also bring toluene from INEOS’ facility in Koln, Germany, to our plant in Belgium,” said Ralston. “That way we ‘keep
    it in the family’.”

    10 minutes read Issue 7
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    Chorus Of Approval

    Safety is INEOS’ top priority. And everyone in the company knows it. But it’s always heart-warming when industry experts recognise what the company is striving to achieve – and publicly acknowledge it.

    The voice of the chemical industry in France has named Petroineos as worthy winners of a prestigious national award for its innovative approach to caring for the well-being of its staff.

    The Union des Industries Chimiques, The French trade association for the chemicals sector, presented the Lavera site with the Responsible Care award in the occupational health category for the way the company now prevents staff being exposed to certain products.

    “The use of biological indicators of exposure in itself is not new,” said Jacques Willocquet, HSSE manager at the French site. “But in most cases it is limited to a yes/no response. What we have done is introduce a rigorous statistical analysis of thousands of results, which allows us to detect the slightest change so we know if a member of staff has been exposed to even a small amount.”

    The award is presented every three years.

    This year’s award ceremony coincided with the Journées de la Chimie, which meant the event was attended by many high-profile guests, including Arnaud Montebourg, France’s Industry Minister.

    “Apart from the fact that the award reflects well on INEOS’ reputation in the petrochemical industry, it also shows the staff how tracking relentlessly weak signals is helping us to better care about their health,” said Jacques.

    Petroineos beat 17 other companies to win the occupational health category.

    Across the Atlantic, staff at INEOS’ O&P Battleground Manufacturing Complex (BMC) in Texas were also celebrating after picking up four awards at the Texas Chemical Council’s (TCC) annual awards.

    The plant won the Caring for Texas Award, the Zero Contractor Incident Rate Award and the Distinguished Safety Service Award in recognition of its exemplary safety performance last year.

    But the big award of the night went to Bob Bradshaw for his outstanding leadership skills in managing the plant safely.

    He won The Gerald R. Ehrman Award for Management in honour of Jerry Ehrman, a retired plant manager of the Sabine River Works in Orange, Texas, who was extremely dedicated to occupational safety. The award is presented to just one site manager every year – if one merits it. But so far it has only been presented to two people in the past four years and one of those was Bob.

    “The award is only given to a plant manager who embodies the same leadership and dedication to safety management as Mr Ehrman,” said Morgan French, BMC SSHE Manager. “Bob is unrelenting in his goal to make sure everyone who works at the site goes home at the end of their shift safely, every day. He demonstrates a genuine personal commitment to safety excellence and challenges everyone who works with him to attain a comparable level of personal safety excellence.”

    3 minutes read Issue 7
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    Debate: Can Religion and Science Co-exist? 

    The late German-born physicist Albert Einstein believed that science without religion was lame, and religion without science was blind. But the debate over whether science and religion can co-exist has been going on since the dawn of mankind and continues to divide opinion even today, as INCH discovered.

    1. I am convinced that evolution and religious beliefs need not be in contradiction. Indeed, if science and religion are properly understood, they cannot be in contradiction because they concern different matters. Science and religion are like two different windows for looking at the world. The two windows look at the same world, but they show different aspects of that world. Science concerns the processes that account for the natural world: how planets move, the composition of matter and the atmosphere, the origin and adaptations of organisms. Religion concerns the meaning and purpose of the world and of human life, the proper relation of people to the Creator and to each other, the moral values that inspire and govern people’s lives. Apparent contradictions only emerge when either the science or the beliefs, or often both, trespass their own boundaries and wrongfully encroach upon one another’s subject matter.
      Francisco Ayala, biologist, University of California, Irvine

    2. Observe: science and religion *do* coexist. The first scientists were clergymen. Today, religious institutions from universities to the Vatican Observatory support professional science. And the proportion of scientists who are themselves believers mirrors the fraction in the general population. Science is based on the religious assertion that Creation is orderly, free from the interference of nature gods, and worthy of study. So who continues to push this myth of a “conflict”? What is their agenda? 
      Jesuit Brother Guy Consolmagno, astronomer at the Vatican Observatory

    3. Religion and science are like oil and water. They might co-exist, but they can never mix to produce a homogeneous medium. Religion and science are fundamentally incompatible. They disagree profoundly on how we obtain knowledge of the world. Science is based observation and reasoning from observation. Religion assumes that human beings can access a deeper level of information that is not available by either observation or reason. The scientific method is proven by its success. The religious method is refuted by its failure.
      Victor J. Stenger, Emeritus Professor of Physics, University of Hawaii

    4. Personally I’m not religious at all, but I have religious scientists as friends and they seem to manage just fine. I think those people are more likely to take some religious things a bit less literally though, like a religious geologist probably wouldn’t think that the Earth and everything else was actually made by God 6000 years ago, since their science tells them that the Earth is 4.5 billion years old.
      Grant Kennedy, astrophysicist, University of Cambridge

    5. Science and religion are not at odds. Science is simply too young to understand. Whether or not you believe in God, you must believe this: when we as a species abandon our trust in a power greater than us, we abandon our sense of accountability. Faiths, all faiths, are admonitions that there is something we cannot understand, something to which we are accountable. With faith we are accountable to each other, to ourselves, and to a higher truth. Religion is flawed, but only because man is flawed. Science tells me God must exist. My mind tells me I will never understand God. And my heart tells me I am not meant to.
      Dan Brown, author of Angels & Demons

    6. Science is not only compatible with spirituality; it is a profound source of spirituality. When we recognise our place in an immensity of light-years and in the passage of ages, when we grasp the intricacy, beauty, and subtlety of life, then that soaring feeling, that sense of elation and humility combined, is surely spiritual. So are our emotions in the presence of great art or music or literature, or acts of exemplary selfless courage such as those of Mohandas Gandhi or Martin Luther King, Jr. The notion that science and spirituality are somehow mutually exclusive does a disservice to both.
      The late Carl Sagan, American astrophysicist

    7. From religion comes a man’s purpose; from science, his power to achieve it. Sometimes people ask if religion and science are not opposed to one another. They are: in the sense that the thumb and fingers of my hands are opposed to one another. It is an opposition by means of which anything can be grasped.
      The late William H. Bragg, British physicist

    8. Religion and science are indeed incompatible. Religion and science both offer explanations for why life and the universe exist. Science relies on testable empirical evidence and observation. Religion relies on subjective belief in a creator. Only one explanation is correct. The other must be discarded. Explanations require evidence. None exists for a creator outside the human mind, whereas the evidence for evolution and the origins of life mounts every day. In the face of this uncontradicted evidence, religious belief in a divinity is no more viable than belief in the now-proverbial Flying Spaghetti Monster.
      Lorna Salzman, American environmental activist

    9. There is a fundamental difference between religion, which is based on authority, and science, which is based on observation and reason. Science will win because it works. I believe the universe is governed by the laws of science. The laws may have been decreed by God, but God does not intervene to break the laws. When you look at the vast size of the universe, and how insignificant and accidental human life is in it, the existence of a God seems most implausible.
      Physicist Stephen Hawking

    5 minutes read Issue 7
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    INEOS Joins The Revolution

    INEOS has gone into partnership with a company that has developed a unique product which could help to save the rainforest.

    INEOS Compounds will be using its expertise to help increase the company’s sales of Resysta, a recyclable material made primarily from rice husks and PVC that looks and feels like wood but, unlike wood, does not splinter, crack, rot, swell or fade.

    “Japanese companies have been trying to mix rice husks and polymers since the 1960s but they have never come up with a sellable product,” said Roland Stoiber, chief operations officer at Resysta International.

    INEOS Compounds’ Swiss site in Sins, near Lucerne, began working with Resysta International last year.

    “Since then it has become the second biggest business for us at Sins,” said Managing Director Thomas Breitwieser who is championing the project.

    Resysta International was won over by INEOS’ innovative approach, its ability to think and act quickly, its hard-working ethos, its knowledge of the European market, its excellent contacts and its manufacturing capabilities.

    “We had a good relationship right from the beginning and we trusted each other to work hard together to build a market that is worth billions of Euros,” said Thomas.

    INEOS Compounds, one of the top manufacturers of PVC compounds in Europe, will manufacture Resysta at its plants in the UK, Switzerland and Sweden and sell it directly to INEOS’ customers. It will also sell some of the raw materials, on behalf of Resysta International, to its biggest customers who may wish
    to mix the chemicals themselves.

    “It is wonderful to be part of placing a brand new PVC-based product in the market,” said Thomas. “That sort of thing only happens maybe every 30 years because PVC is already the most field-tested plastic in the world. But we will be developing the product alongside Resysta International as new sales opportunities are unearthed. It has huge market potential.”

    Leroy Merlin, one of the top five D-I-Y stores in France, recently named it as their product of the year.

    The main ingredient of the material, which can be used in a huge range of ways in the construction and furniture industries, are rice husks which would otherwise be burned as a waste product in the Far East where it was first developed. The rice husks are then mixed with PVC components.

    The trade in tropical hardwoods, such as mahogany and teak, has long been seen as a major reason for the destruction of the rainforests.

    This changes all that.

    “Some miracles happen and some are invented,” said Roland. “Even salt water, sun and wind, when other materials give up, Resysta carries on. This is the key innovation to what was needed to address the shrinking rainforests and the inferior quality of previous wood composite products. It has opened a new market to all PVC resin producers.”

    3 minutes read Issue 7
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    INEOS To Buy Out BASF Stake In Styrolution

    INEOS has agreed to buy out fellow chemical company BASF’s 50% stake in its styrene plastics joint venture for €1.1 billion.

    The deal, subject to regulatory approval, will see INEOS take full control of Styrolution which makes plastics for cars, electronics, toy and the construction industry.

    “We are pleased to bring Styrolution fully into the INEOS family,” said INEOS Capital chairman Jim Ratcliffe.

    As part of the joint venture agreement signed in October 2011, INEOS always had the right to buy out BASF.

    The joint venture had been set up to create a company that was capable of competing effectively with large-scale producers from Asia and the Middle East. 

    “Styrolution has fulfilled that promise,” said Jim.

    Styrolution is the leading, global supplier of styrenics, which also ensure computer casings and monitors are strong and heat resistant. Four out of five printers in the world are produced with a casing made from Styrolution.

    Today the business employees about 3,200 people worldwide at 17 manufacturing sites in 10 countries. Once the deal is completed, the business will operate as a standalone company within INEOS Industries Holdings Limited.

    1 minute read Issue 7
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    World Class Thinking

    Innovation isn’t just about developing new products.

    Sometimes it’s about just thinking differently, as INEOS did in 2009 and has now been publicly recognised for it.

    At the 2nd annual Petrochemicals Awards of Excellence in Berlin, Germany, INEOS beat strong competition from industry giants DOW and BASF to win the prestigious award for its ‘outstanding contribution to the chemical industry’.

    The award recognised INEOS’ ambitious and innovative plan to be the first company to ship ethane derived from shale gas from America to Europe to secure the long-term competitiveness of its European crackers.

    “We are one of the very few who could have undertaken such a move,” said Fernando Mota, INEOS Feedstock, Energy & CO2 Manager. “We saw the opportunity early and moved quickly in this rapidly developing arena.”

    The first shipments of gas will arrive next year, heralding an exciting new phase in the European petrochemicals industry and effectively moving INEOS’ crackers at Rafnes in Norway and Grangemouth in Scotland into pole position to compete. 

    1 minute read Issue 7
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    European Commission Clears Way For Joint Venture With Solvay

    INEOS and Solvay have signed a definitive Joint Venture Agreement to create a leading PVC Producer to be called INOVYN.

    The two companies announced their plans to join forces in May last year but it took until May this year for the European Commission to approve the proposed joint venture. 

    Together they will have combined sales of 4.3 billion Euros, employ about 5,650 staff in nine countries and rank among the top three producers in the world.

    But first they must implement an agreed remedy package for the divestment of five INEOS-owned assets – the membrane chlorine plant and EDC/ VCM plants at Tessenderlo, Belgium, the PVC plants in Mazingarbe, France, and Beek in the Netherlands, the PVC and VCM plants at Wilhelmshaven in Germany, and the British EDC plants in Runcorn.

    The Commission also wants Runcorn’s membrane chlorine plant to be placed in a joint venture between the INEOS/ Solvay joint venture and the new owner of the five affected plants.

    Once all that has been done, the JV can go-ahead.

    “The newly combined business, which will be of world scale, will be able to better respond to rapidly changing European markets and to match increasing competition from global producers,” said INEOS chairman Jim Ratcliffe.

    1 minute read Issue 7
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    EPS Qatar Signs Deal With INEOS Technologies

    INEOS has licensed its expandable polystyrene (EPS) technology to EPS Qatar for its planned complex in Qatar.

    The plant, which will produce a wide range of expandable polystyrene grades to satisfy the growing regional demand, will be the biggest EPS unit in the Middle East and North Africa region. 

    EPS is a lightweight, strong thermoplastic product with excellent thermal insulation, which makes it ideal for the packaging and construction industries.  

    Initially the plant will be able to produce 50,000 tons per year but will have the capacity to double production.

    1 minute read Issue 7
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    INEOS’ Global Appeal

    INEOS Technologies has agreed to supply four state-of-the-art BICHLOR bipolar electrolysers to HF Chlor-Alkali’s new manufacturing plant in the US state of Iowa.

    Using INEOS’ technology, the new plant in Eddyville will be able to manufacture caustic soda, muriatic acid and bleach for an adjacent food processing facility and other Midwest facilities.

    INEOS BICHLOR electrolysers have now been sold to 56 projects around the world. 

    The biggest plant using the technology is in Runcorn in the UK, where 20 BICHLOR electrolysers produce more than 1,000,000te of chlor-alkali products each year.

    1 minute read Issue 7
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    Entrepreneurial spirit

    When great minds think alike, unbelievable things can happen, as INCH discovered when it looked for evidence of entrepreneurship at work in INEOS.

    Eleanor Roosevelt said the future belonged to those who believed in the beauty of their dreams.

    It also belongs to those who are prepared to challenge the present.

    At INEOS, that is an approach which is actively encouraged, celebrated and rewarded. It wants to empower its people so that they see opportunities to run the business better – from wherever they are sitting – and have the drive to make the change happen.

    In 2009, during the worst global recession in decades, INEOS did exactly that. It saw an opportunity, moved fast with a clear strategic vision and wrote a new chapter in the history of European petrochemicals.

    “It was a game-changer,” said Bill Reid, business director for Olefins & Polymers Europe (North).

    Demand in Europe had been shrinking fast, profits were plummeting, Europe’s crackers were closing, and INEOS’ main competitor went bust. To make matters worse, the gulf between energy and feedstock prices in Europe and America was beginning to widen as the US found a way to unlock vast reserves of previously untapped gas, from shale.

    “They were arguably the darkest of days for our business, as they were for manufacturing generally,” said Bill.

    Desperate times, though, call for radical thinking.

    INEOS decided if it could not do anything to drive down Europe’s crippling energy costs, it would ship America’s cheap shale-derived ethane gas to Europe to help reduce its operating costs and maintain a competitive, global olefins and polymers business.

    The plan worked. In 2012 INEOS managed to complete a seemingly impossible sequence of deals to finally secure, 15-year contracts with the three companies that would be responsible for the drilling, distributing, liquefying and delivering hundreds of thousands of tons of ethane every year from America to Norway and Scotland. It also began building a gas storage tank and terminal at its Olefins & Polymers plant in Rafnes.

    When the shipments start arriving at Rafnes next year, INEOS will be the first petrochemical company in Europe to import cheap gas from the US and receive the competitive advantage of ‘shale economics’.

    “No one had thought to do this,” said Gerd Franken, CEO of Olefins & Polymers Europe (North).

    INEOS’ Grangemouth site in Scotland in the UK will also see the benefits of such entrepreneurial thinking when Britain starts to take delivery of US shale-derived gas from 2016 to supplement declining North Sea feedstocks. The £300 million investment in a new import terminal incorporating a 40-metre high ethane tank, capable of holding 33,000 tons of ethane, will help to turn a loss-making site into a profitable site.

    Such entrepreneurial thinking is embedded in INEOS’ culture. Employees don’t just want to make a living; they want to make a difference. And, more importantly, they believe they can.

    Overcoming obstacles, seeing new ways of working, thinking laterally, and regularly challenging the status quo are all in a day’s work at INEOS.

    The company’s entrepreneurial spirit is there too in its approach to acquisitions, its strategic vision and its ability to make critical decisions quickly.

    From the top down, INEOS encourages everyone to not just see problems, solutions and opportunities, but to come up with ideas to do something about them, as INCH discovered.

    5 minutes read Issue 6
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    The INEOS Difference

    INEOS is different. You can see it in the faces of those who work for the company and feel it in the air. There is a buzz about the place. Over the years INEOS may have grown into the world’s third largest chemical company, but it has not lost its spirit. 

     

    Working for INEOS promotes independent thinking. But what’s good to know is that there is a team behind you to help, if necessary. To me, entrepreneurship means seizing the initiative, inspiring others and driving results.
    Stijn Dekeukeleire RTD engineer
    INEOS Oxide, Belgium 

    Having worked for a more traditional ‘blue chip’ chemical company in the past where life was safe and ‘cosy’, the INEOS environment is much more challenging and demanding. But, because of that, I feel more involved and able to make a difference and, as a result, I enjoy the job a lot more. INEOS constantly looks to maximise business opportunities through innovative solutions whether these are technical, commercial or financial.
    Dave Hart
    INEOS Nitriles, Seal Sands, UK 

    INEOS doesn’t accept that things need to be done in a certain way, just because that’s how they’ve always been done. The company likes to challenge convention and is constantly striving to achieve the same results while driving down costs. I like the fact that I work for a company that challenges you to seek your own solutions but it can be challenging, at times frustrating and sometimes uncomfortable.
    Paul McNulty
    INEOS Nitriles, Seal Sands, UK 

    Encouraging employees to seek solutions to their own problems results means we feel involved in our own destiny. Such a spirit also creates an environment which allows us to easily build solid networks with people within INEOS and outside the company.
    Johan Loots
    Sr. production engineer utilities + energy & carbon
    INEOS Oxide, Belgium 

    INEOS is an inspiring environment that allows you to go as far as your mind lets you. So often people believe working long hours is the way to go, but working on the right things is probably more important than sitting at a desk for hours on end. The secret is to get focused and stay focused and trust your own instincts. Because our business is constantly changing, we must adapt to the changing circumstances and set new goals and implement smarter solutions. Believing in yourself makes it so much easier to win over others to achieve the same goals. You can sit around and analyze forever if you want, but while you are doing that the competition has moved on.
    Peggy Gerits
    Planning & logistics manager
    INEOS Oxide, Belgium

    AT INEOS we are encouraged to think ‘outside the box’ to find solutions to problems and develop the business. You can see new possibilities every day at work. Although we are all different and have different features and characteristics, innovation is one we all share.
    Carita Johansson
    HR specialist/communications officer
    INEOS ChlorVinyls, Stenungsund, Sweden 

    INEOS is definitely an entrepreneurial company in how it develops its businesses, products and people. It is both stimulating and rewarding to be given the freedom to think differently and see new possibilities opening up. And there is evidence of it at work, be it in how we safely run the business or constantly try to reduce our impact on the environment.
    Kjell Andersson
    Constructor
    INEOS ChlorVinyls, Stenungsund, Sweden

    INEOS feels like a newborn company even though it was founded 15 years ago. It cuts through the nonsense and challenges it to seeks solutions to its own problems. I have worked for other companies where I have become so bogged down in bureaucracy and hit so many brick walls that I lost enthusiasm to work for them.
    Debbie Clark
    PA/office manager
    INEOS Group, Hampshire, UK 

    INEOS operates very differently compared to other companies, especially in the chemical industry. People who like hierarchies will be lost here. INEOS forces you to think differently, to be flexible and straightforward and work beyond conventions. If you’re someone who feels comfortable with that, who enjoys an immense amount of freedom and wants to make a difference, then this is the company for you. It is great to have no limits apart from the ones you set yourself. Here we are encouraged to try new paths, to explore fresh ideas, and to see the bigger picture. INEOS is about the passion – and a will – to drive things forward.
    Dr. Anne-Gret Iturriaga Abarzua
    Head of corporate communications
    INEOS Olefins & Polymers Europe North

    I certainly view INEOS as an entrepreneurial chemical company because of its willingness to challenge existing working practices and attitudes in society. Working for the company is incredibly rewarding because it does encourage you to look for, find and implement solutions to your own problems.
    David Sopher
    INEOS Nitriles, Seal Sands, UK

    INEOS’ management is very courageous and successful. My job is so enjoyable that it doesn’t feel like work. To me entrepreneurship is taking personal responsibility for the business, and over the years I have seen it hard at work within the company especially during the 2008/2009 crisis and more recently during the dispute at Grangemouth.
    Manfred Hartung
    Asset manager energy department
    INEOS Olefins & Polymers Europe North

    As a recent graduate, INEOS makes me a ‘go-get-it’ type of engineer. I am being trained to get out there and figure things out for myself while having the backing and support of well-trained and highly experienced individuals to help me out when needed. At INEOS you are given real responsibility, real accountability, and real exposure to the business world. If you have the right attitude and mindset, you can go far because the opportunity is there. Every day we deal with real issues, real problems and we work together so that by the end of the day most problems are solved.
    Amadou Tounkara
    I&E reliability engineer
    INEOS O&P USA 

    At INEOS we are given the freedom to use our knowledge and resources to develop innovative and high-value ideas in a proactive and non-fearful manner. That approach means we are not left ‘fighting fires’ or getting by on traditional, prescribed or “status quo” ways of doing business.
    Mark Gessner
    Engineering advisor
    INEOS O&P USA

    It is Interesting and exciting to work for an organisation that challenges you to seek solutions to your own problems. At INEOS you are encouraged to be resourceful, find new ways of working, and develop your own role.
    Annika Petrusson
    Assistant to Managing Director
    INEOS ChlorVinyls, Stenungsund, Sweden

    Nothing is spoon-fed at INEOS which means you develop and learn so much faster than you would otherwise. The lack of an enforced hierarchy really allows people to flourish and it is a real credit to the company that every member of the organisation takes a personal investment in its success. I see evidence of entrepreneurship at work on a daily basis because I am surrounded by people who are not limited to their job description and constantly seeking opportunities for business development, improvement and efficiency. This is of their own accord with no pushing needed from anyone else. There is a real degree of self-discipline at work coupled with sheer drive and determination which permeates throughout the organisation.
    Gabriella Isidro
    Polymer Product Officer
    INEOS Olefins & Polymers Europe North

    8 minutes read Issue 6
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    A spirited workforce

    Novel approach:

    A novel approach by INEOS Oxide enabled the business to not only make money from waste, but also helped to create a successful business for two other companies, and remove the equivalent of 60,000 cars from the road.

    The ball started rolling when INEOS initiated a search for companies with a possible interest in CO2 being created by its ethylene oxide plant in Belgium.

    “We make quite a lot of CO2, we knew that there must be good use that this could be put to but it was not our market,” said Hans Casier, CEO of INEOS Oxide, which already operated the most energy-efficient ethylene oxide unit in Europe.

    Rather than release this CO2 directly into the atmosphere, INEOS Oxide set out to find two companies which, together, could run a successful business, using the CO2 to make such things as soft, fizzy drinks and dry ice, which keeps food and drink fresh when it is transported from warehouses to shops.

    INEOS introduced Messer to Strombeek IJsfabriek, who went on to form a joint venture, running their new business, BECO2, from INEOS’ Zwijndrecht site in Antwerp.

    “We convinced them to build their own company instead of buying their CO2 from someone else,” said Hans.

    “They now take about 150,000 tons of CO2 and we share our costs and infrastructure.”

    At the press launch of the CO2 liquefaction unit, CO2 was taken straight from the ethylene oxide unit and made into sparkling water. “Everybody from the plant, who was there, stepped forward and grabbed a glass,” said Hans. “We offered it to the press and they all took a step backwards. It was a typical example of the wider community not knowing what chemicals are all about.”

    Pinpointing niche markets:

    You would not necessarily think that the Turkish construction industry would be the most obvious market to look to when developing a new, high performance insulation material, but it was for INEOS Styrenics.

    “The Turkish economy has been growing strongly in recent years and government building regulations have tightened following disastrous earthquakes in 1999 and 2011 in which many buildings collapsed,” said Rob Ingram, Chief Operating Officer at INEOS Styrenics. “There was a lot of building work going on and insulation became increasingly important as standards increased.”

    Expandable Polystyrene (EPS) in the form of white foam blocks is a leading material used for building insulation in Europe and was already widely used in Turkey. What was new for the Turkish market was a grey version of this material in which the thermal insulation properties are improved by 20%.

    INEOS had three options: battle for a bigger share of the developing grey EPS market in Germany, where people already recognised the benefits and where there is a strong local producer; wait for the rest of Europe to catch-on and follow the German lead; or look for alternative markets and try to capture a first mover advantage.

    INEOS Styrenics chose the third option.

    It worked with one of its key customers in Turkey and sold the benefits of its EPS Silver product to them. Together they saw an opportunity to be the first to introduce Turkey to this new material. They launched a joint promotion at a major national construction exhibition, spoke to architects and construction companies about the product’s benefits, hosted industry seminars, and wrote a series of articles for the national trade press.

    “It was not an overnight success but in five years we have grown sales from nothing to become the market leader,” said Rob. “And that is all because we saw the opportunity and got into the market early to establish our product as the standard for high quality.”

    Living what you believe.

    Having faith in a plan is as critical as the plan itself.

    At INEOS Europe AG that belief saved its Sarralbe PP, a small polypropylene production site in France which had been losing about four million Euros every year.

    In 2012, Xavier Cros, Polymers Business Manager at INEOS O&P South, took over the site and implemented a detailed plan that, in the past, had failed miserably.

    “None of the actions were really new or breakthrough,” he said. “The difference was that this time the people on site believed the changes would work.”

    He addressed the entire workforce and each was given a target.

    “Every person at the site became part of the plan, so it was down to everyone whether it succeeded or failed,” said Xavier.

    The plan worked. Within a year, the site was back in profit. “That success has breathed new life into the site,” he said. “Everyone now believes we can do even better this year.”

    Product information:

    Methoxypolyethyleenglycol (MPEG) had been used for almost half a century when INEOS was founded in 1998.

    It was a tried and tested molecule, but it had very few uses.

    Shortly after INEOS bought the former BP petrochemical site in Antwerp, it began looking at changing the make-up of many chemicals to make them work harder for the company, add value and give customers better products.

    MPEG was one of them. But before INEOS changed it, a team went into the market place to find out what construction companies wanted and needed.

    “By changing the specification and working with the core companies, we introduced a whole new technology in that sector,” said Hans Casier, CEO of INEOS Oxide. “A good example is for fast-setting concrete. We provided the solution by changing the way we produced the molecule to meet the needs of this application and we saw a huge increase in sales and contribution.”

    Bold decisions:

    Leadership demands courage.

    Two years ago INEOS was buying catalysts and selling them on to their customers. Today they make their own and sell about 500 tons a year thanks to a bold decision to build a catalyst manufacturing plant in India.

    “If we had built this plant in Europe or America, it would have cost us four times as much,” said Peter Williams, CEO at INEOS Technologies.

    Working in partnership with a local company, INEOS now makes catalysts at its own plant and then ships them to customers around the world.

    “We did take a calculated risk, but it’s a very competitive business, it’s important to us and we could not have afforded to build a plant at one of INEOS’ existing sites,” he said.

    The catalyst manufacturing plant has been so successful that a second one is currently being built.

    A willingness to take risks:

    A willingness to take calculated risks also shows true entrepreneurship at work.

    CEO Peter Williams said his team at INEOS Technologies showed that in trying to win over a customer in Mexico.

    INEOS was on the verge of licensing its technology for a polymer plant to a company in Mexico but the customer was concerned that this was the first time INEOS had made one of the products it had planned to manufacture on a commercial scale.

    “We knew it was possible from the work we had done in our laboratory, and we were confident in our capabilities,” said Peter.

    To convince the customer, INEOS used a pilot plant to manufacture the product and then shipped it to Japan where it was converted into what the customer wanted – packaging. INEOS then sent a team to Mexico to test the packaging on the market.

    “We made only two batches of the product and it hit the spot,” said Peter. “We won the business and the relationship with the customer goes from strength to strength.”

    Thinking outside the box:

    Thinking outside the box can save millions, as INEOS Phenol discovered when it planned to make available land it was not using and offer use of its jetty to a neighbouring company in Antwerp, Belgium.

    The deal is a great example of a win-win situation with both parties gaining from the overall project. ADPO will be able to use the INEOS jetty, (a critical facility for a logistics and chemical storage company based in a major port), and INEOS will now benefit from the use of new railway sidings, pipelines and loading facilities which ADPO plan to build right next door to INEOS’ site.

    “The main line railway runs right past our site and they are going to be building sidings off that, which will mean our phenol and acetone can be loaded on to trains instead of going by road,” said Nick Williamson, business development manager for INEOS Phenol. “Just putting in a kilometre or so of sidings is costing millions of Euros. We would never have been able to justify the investment on our own but in approaching this issue with ADPO we have both gained from the project. By looking at what we have differently, we have been able to deliver value for our business.”

    In addition ADPO also plans to extend the jetty substantially which will mean INEOS can bring in larger shipments of raw materials and export more. “This is an important development for the business which will open up further opportunities in the future,” said Nick.

    12 minutes read Issue 6
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    Europe’s chemical industry faces extinction in 10 years

    Last year INEOS began warning that Europe’s petrochemical industry was facing huge challenges from outside and within. Since then, little has changed to help Europe compete with America, the Middle East and China. As it stands Europe is now one of the most expensive places in the world to make petrochemicals. That has to change, Europe’s politicians must wake up to this competitive onslaught before it’s too late, says INEOS chairman Jim Ratcliffe.

    Europe is dithering. But it cannot afford to, not if it wants to retain a competitive chemical industry, says INEOS chairman Jim Ratcliffe.

    “It’s not looking good for Europe but Europe seems agnostic about the fate of European chemicals,” he says. “I can see green taxes, I can see no shale gas, I can see closure of nuclear, I can see manufacturing being driven away. I can see the competition authorities in Brussels blissfully unaware of the tsunami of imported product heading this way and standing blindly in the way of sensible restructuring.”

    In an open letter to EU Commission President José Manual Barroso, Jim calls on him to take urgent steps to protect Europe’s chemical industry.

    “Strategically, and economically, no large economy should abandon its chemical industry,” he says.

    INEOS’ profits in Europe have halved in the past three years while its profits in the USA have tripled. And BASF, the world’s largest chemical company, has announced – for the first time ever – a strategic cutback in European investment, citing stagnant markets, expensive energy and expensive labour.

    “Energy, in the form of gas, in Europe is three times higher than the USA today, whilst electricity is 50% higher,” says Jim. “There are no cheap feedstocks in Europe. USA and Middle East feedstocks costs are in another league.”

    He said shale gas in America had transformed its competitiveness and its confidence.

    “There are $71 billion worth of announced petrochemical expansions on the back of shale gas flowing into chemicals,” he said. “And that is predicted to grow to over $100 billion. In contrast Europe announces closure after closure.”

    In the UK alone, 22 chemical plants have closed since 2009.

    Chemicals depend upon competitive energy and feedstock costs. Whilst intensely technical as an industry, and one of the reasons historically that Europe has been so successful, Jim says technology alone will not save it, and warns that the industry could be wiped out within a decade.

    “The European textile industry was wiped out because it could not compete with Asian labour rates,” he said. “Chemicals could go the same way. It could well be another European dinosaur.”

    The chemical industry in Europe currently employs one million people directly and five million others indirectly.

    “In Europe, chemicals and automotives share top billing with $1 trillion revenues each,” he said. “Economically speaking, the chemical industry is one of Europe’s jewels in the crown.”

    In his letter, Jim also highlighted the very real threat from China, which is set to become the world’s largest economy by 2020.

    “The Chinese are building relentlessly,” he said. “Whilst in recent history, they have soaked up all the world’s surplus chemicals, they will soon be self sufficient. And beyond that they will start to reverse the flow.”

    8 minutes read Issue 6
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    Little feet make big strides

    The bold, new initiative launched by INEOS last year to get Britain’s children off the sofa has become a runaway success.

    So many children – far from running away – have been queuing up to take part in INEOS’ Go Run For Fun events throughout the UK. The calendar is full for 2014/2015 with more than 30,000 children due to take part this year.

    “These events have been extremely successful in the UK,” said Leen Heemskerk, who is leading the Go Run For Fun campaign. “We have been approached by councils, athletics clubs and schools, all wanting us to stage events.

    It’s wonderful but if we are to extend the programme we need more resources. We have taken it as far as we can and we want to take it further, to even more kids but we can only do that with third party support from commercial organisations and Government.”

    Video

    INEOS GO RUN FOR FUN

    00:00

    Since August last year, more than 15,000 children have already taken part in the INEOS-inspired mile-long runs for fun.

    Melton Primary School in Suffolk hosted one of the events.

    “Not only was it well organised, well run and very inclusive, but it has had such a positive impact on our pupils and has shown them that running, and being active, can be both fun and exciting,” said school sports coach Andrew Northcote.

    Jim Ratcliffe, is passionate about running and this campaign.

    “The idea for Go Run For Fun was born from a passion to get as many children running as possible, as early as possible,” he said.

    “But the campaign is a real team effort and we couldn’t have done it without the team’s hard work and dedication. To reach the 15,000th runner milestone so soon is a sterling effort from all.”

    By the end of this year, INEOS hopes to have staged 100 events in the UK. Some will be linked to major sporting events such as the Sheffield Half Marathon and the Bristol 10k, others to schools and athletic clubs.

    Colin Jackson, an Olympic silver medallist, is an ambassador for Go Run For Fun.

    “This has been a magical opportunity for children to try a little bit of running,” he said.

    “These kids may never have tried running in their life but it may be the beginning of a sporting career because running is the basis of all sports.”

    To ensure Go Run For Fun’s long-term future, INEOS is working with Nova International, which hosts the iconic Great Runs across the UK.

    The ultimate aim for Go Run For Fun is for it to become the biggest kids’ running initiative in the world. “The aim is to attract 100,000 children by 2016 and we are well on target. If we can get additional support for what is already a successful campaign then there is no reason why we cannot increase this many times over,” said Leen.

    Brendan Foster, a former British Olympic long-distance runner who founded the BUPA Great North Run, said he had no doubt INEOS would reach its goal.

    In June, the first Go Run For Fun events will be held across the Channel near INEOS’ sites in Belgium, Germany and Switzerland.

    “The circus is coming to town,” said Leen, the Chief Financial officer at Olefins & Polymers Europe (North).

    INEOS is also extending an open invitation to its other sites around the world, including Norway, France, Italy and America, to get in touch with Go Run For Fun Project Manager Ursula Heath at ursula.heath@ineos.com

    For the latest information on Go Run For Fun, visit the website at: www.gorunforfun.com

    10 minutes read Issue 6
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    Debate: Is entrepreneurship contagious?

    It’s an age-old question. Are entrepreneurs wired in a different way to the rest of us? Or can we all be taught to think differently? In other words, is entrepreneurship contagious? The debate about whether entrepreneurs are born or made is a hot one.

    1. Entrepreneurship is most definitely in vogue – with swathes of people wanting to be an entrepreneur, to be involved in entrepreneurial initiatives or to partner with an entrepreneur. Never before has the word had such kudos. Whether it’s nature or nurture – and a lot of entrepreneurship comes from a natural innate drive that can’t easily be taught – once you’ve had a taste of it, and even small success, there’s no looking back. I’ve definitely caught the entrepreneurial ‘bug’, and undoubtedly those creative start-ups, which are trying to change the world and solve issues, are great for communities and the economy.
      Michelle Wright, Chief Executive for Cause 4

    2. This human propensity for imitative behaviour has been seen and studied repeatedly, from childhood development, to learning languages, to product and service purchases, to the decision in a crowd to check e-mail on one’s phone. In all of these cases, humans are heavily influenced by what they observe (literally or virtually) others doing. We recently carried out a survey to establish whether entrepreneurship was contagious and discovered that an individual who had been exposed to entrepreneurs — and to growth entrepreneurs in particular — was more likely to become one. The implication? Entrepreneurship can be viral, but must be introduced early and often in environments where it is least often seen. In particular, growth entrepreneurship is a narrow phenomenon, one that requires much more effort to introduce it to susceptive populations and drive overall economic growth.
      Paul Kedrosky, Ewing Marion Kauffman Foundation, a non-profit foundation based in Kansas City, Missouri

    3. Entrepreneurship is absolutely contagious. Once you are surrounded by motivating and innovative entrepreneurs, and get the taste for life outside of big corporate America jobs, where your efforts can have a direct impact on the company’s success and see the real-time fruits of your labour, there is no turning back. That is why many universities are scrambling to launch Masters of Entrepreneurship programmes, as the appeal of MBAs are starting to lose their luster for the next generation of workers.
      George Deeb, managing partner of Chicago-based Red Rocket Ventures

    4. Is entrepreneurship contagious? Think about it, and consider this: Obesity is contagious, so is quitting smoking, and so is divorce. So why not entrepreneurship? Think of how people infect (or so it seems) each other with ideas, fashion, eating habits, and customs. Doing something, even something hard, is easier to do when it feels like a lot of other people are doing it. And isn’t entrepreneurship a combination of ideas, fashion, customs, and like that? So if I start a business and make it, aren’t my friends more likely to do the same? They have a changed risk perception.
      Tim Berry, American founder and chairman of Palo Alto Software, Eugene, Oregon

    5. Entrepreneurship has nothing to do with genes. It has everything to do with the political, economic, educational and social environment people find themselves in. And that’s why it’s contagious. All the economic evidence today points to one simple truth: the entrepreneurial spirit is the best tool ever invented for creating growth and prosperity for individuals, companies and entire countries. Companies that gave us the pin-striped ‘organisation man’ are today promoting a culture of ‘corporate entrepreneurship’ as the best way to compete and survive in the global economy. And government leaders of all political stripes have also discovered that developing a more entrepreneurial economy is the best way to create jobs and achieve sustainable economic development. Entrepreneurship has become a global phenomenon because it works better for more people, for more companies and for more countries than any other business or economic model around. Of course, none of this could be happening if the age-old myth ‘entrepreneurs are born not made’, were true. In fact it’s never been true. The reality today is that millions of new businesses are being started each year by all kinds of people from all walks of life. Entrepreneurship happens because of circumstances – a circumstance of opportunity like coming up with a great product/ service idea – or a circumstance of necessity like being poor, or full of frustration, or getting fired. Ninety-nine per cent of the 3,000 entrepreneurs I’ve met and researched are indeed, ordinary people who simply found themselves in extraordinary situations.
      Larry C. Farrell, founder and chairman of The Farrell Company, a worldwide organisation that researches and teaches entrepreneurship to university students, corporations and governments. www.TheSpiritOfEnterprise.com

    6. When an entrepreneurial spirit permeates every corner of an organisation, the entrepreneur lurking in each of us awakens. Think about what characterizes successful entrepreneurs. They have tremendous belief in their abilities and in their vision for their business. Now, imagine that every person in that organisation shares that same belief. How powerful would that be? Anyone who has worked in a business that embraces the entrepreneurial spirit knows how exhilarating it is. You can feel a buzz in the air. The action on the shop floor and in the hallways is so intense that coming out of your office is like merging into rush¬-hour traffic. Decisions are made on the fly without the need for formal meetings or approvals. The esprit de corps is palpable. The whole team pitches in to do what it takes to succeed.
      Martin O’Neill, author of The Power of an Internal Franchise: How Your Business Will Prosper When Your Employees Act Like Owners

    7 minutes read Issue 6
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    Colder and bolder

    It’s not everybody’s idea of heaven but some, like doug Stoup, will always be drawn to places where no man has ever dared to set foot.

    No man has ever set foot on the highest section of the East Antarctic Plateau.

    Scientists say this 620-mile, frozen mountain ridge, where temperatures can plummet below - 92°C (- 133.6 °F), is an inhospitable place where nothing really thrives or survives.

    It’s so cold that a human’s eyes, nose and lungs could freeze within minutes.

    “It is sort of otherworldly up there and it is what, I imagine, being on another planet is like,” says Ted Scambos, lead scientist from the US National Snow and Ice Data Center in Boulder, Colorado.

    “It is extremely difficult to breathe. In fact, breathing can be painful. Nasal passages can feel a burning sensation and inhaling too quickly can nip parts of the throat and lungs.”

    Polar explorer Doug Stoup knows more than most about hostile places, having explored the Antarctic more times than any other man alive.

    “The Antarctic is my office,” he said as he spoke to INCH magazine while skiing in the backcountry of Lake Tahoe, California. “It is an inhospitable place but I don’t have a death wish. I want to come back safe.”

    At 49, he’s considered something of a veteran, having travelled, climbed, skied and snowboarded in some of the remotest places on the planet.

    So would he be tempted to climb this remote ice plateau which, in December, scientists revealed was home to the coldest place on Earth?

    “Absolutely,” he said. “I have already been to so many places where no other human being has been, so the answer is ‘Yes. For sure. I love pushing myself to the limit and I have so many goals and dreams.”

    At a mind-numbing - 93.2 °C (- 136 °F), it is almost twice as cold as the coldest place Doug has ever been. And he knows what that is like.

    “You cannot stop,” he said. “It’s bitterly cold. You have to keep moving. When you are standing still, you burn calories just generating heat to stay alive. If you leave any skin exposed, frostbite sets in instantly.”

    Scientists discovered the coldest spot on Earth as they analysed data from satellites that have been orbiting the planet for 32 years. The latest satellite, Landsat 8, was launched in February last year and has been taking about 550 pictures of the Earth from 438 miles (705km) every day.

    “What we’ve got orbiting Earth right now is a very accurate and consistent sensor that can tell us all kinds of things about how the land surface of Earth is changing, how climate change is impacting on the surface of Earth, the Earth’s oceans and the icy areas, ” said Ted. “Finding the coldest place on Earth is just the beginning.”

    Doug would agree with that.

    “If you are mentally and physically prepared and have the right equipment, I believe anything is possible,” he said.

    Doug has been guiding teams across the frozen Arctic Ocean to the North Pole and to the South Pole in Antarctica for more than 10 years.

    “The journey to the North Pole is the hardest journey in the world,” he said. “As the ice moves, it opens up, and when you are sleeping in your tent, you can feel and hear the ice creaking, breaking up and moving beneath you.

    Sometimes it sounds like a whistle. Other times like a train. And, then of course, there’s always the danger of encountering polar bears.”

    Being mentally and physically prepared for what lies ahead is critical but, that alone, is not enough. Without the right clothing, many expeditions would fail.

    “The chemical industry has played a huge part in helping to create the stuff that keeps people, like me, alive,” he said. “It makes performance fabrics and clothing possible, to help me to stay warm and dry in some pretty inhospitable places, when I’m not active, whilst at the same time helping control perspiration when I’m on the move.”

    Doug, who has helped to design some of the high performance clothing for polar explorers, will soon be drawing on his experiences to help NASA in their quest to put a man on Mars.

    He is due to travel to Devon Island in Canada, which is home to the largest uninhabited, desert island on Earth. It is cold, dry, desolate and home to a 15-mile wide impact crater that is 23 million years old. All of that means it is a very good environment for scientists studying what it would take to conduct a manned mission on Mars.

    Experts are predicting that NASA could put a team of astronauts on Mars by the 2030s. Like Earth, Mars has polar ice caps, seasons, volcanoes, canyons and deserts.

    But with temperatures falling to - 128 °C (- 198 °F ) at night, it a good degree colder.

    “Mars is no place for the faint-hearted,” said a spokesman for the space agency.

    That’s a word no one would ever use to describe Doug, who, in 2008, almost lost his life trying to cross a crevasse field during a 47-day, 738-mile trek to the South Pole via a route first attempted by polar explorer Ernest Shackleton.

    Was he worried? ‘No,’ he says.

    Has he ever been scared? “Yes,” he says. “I caught a cab once from Heathrow into the city of London. That was crazy.”

    8 minutes read Issue 6
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    Changing the face of society

    If you had to name the greatest entrepreneur in the history of mankind, who would you chose? the man who created the iPhone, the ‘difficult’ pupil who went on to invent the electric light bulb or the woman who believed every woman could be beautiful. It’s an easy question but it’s not an easy one to answer, as INCH discovered.

     

    APPLE

    Steve Jobs (1955 – 2011) was the co-founder of Apple. He and school friend Steve Wozniak sold their first Apple computer in 1976. He later left Apple amid disputes in 1985 but returned in 1996 and became its CEO in 1997. He went on to tackle Apple’s poor profitability and oversaw the development of the iPod, the iPhone and iPad. His greatest gift, said many, was his ability to second guess the market and design an innovative product that everyone wanted.

    AMAZON

    Jeff Bezos (1964 -) left a well-paid job with a New York City hedge fund to set up e-commerce site Amazon in his garage in 1994. Initially the site sold only books but he wasn’t content with being a bookseller. He wanted more for Amazon. He went on to make online shopping so easy that today customers can find and buy almost everything they want at the touch of a button. It is now the largest retailer on the Internet.

    FACEBOOK

    Mark Zuckerberg (1984 –) started writing computer programmes at school. Several companies – including AOL and Microsoft – expressed an interest in hiring him before he graduated from Harvard University. He turned them down and went on to create Facebook. Today his social networking site has more than one billion users and market capitalisation of more than $150 billion.

    STEEL INDUSTRY

    Andrew Carnegie (1835 – 1919) is best known for his gifts of free public library buildings but he was also an industrialist who led the enormous expansion of the American steel industry in the late 19th century. When he sold his company to JP Morgan in 1901, it was valued at more than $400 million. He was driven by a desire to help others. When he died in 1919, he had given away about $350 million of his fortune. He once wrote: ‘The who dies thus rich, dies disgraced.’

    AIRCRAFT

    The first airplane was invented by Wilbur Wright (1867 – 1912) and his brother Orville (1871 – 1948). After spending a great deal of time watching birds in flight, they finally showed the world that man could fly when they flew their plane for 12 seconds for a distance of 120 feet on December 17, 1903, astounding everyone. 

    IKEA

    Swedish-born Ingvar Kamprad (1926 -) started selling matches, which he bought in bulk from Stockholm, to his neighbours when he was 14. Amazed that he could buy a product and resell it for a profit fuelled his ambitions. He went on to sell fish, Christmas decorations, pens, pencils and seeds. At 17 he named his new venture IKEA and added further goods. By 21 he was also selling furniture and by 27 – in 1953 – he opened his first IKEA showroom. Today IKEA has stores in 25 countries with annual sales of more than 21 billion Euros.

    THE CAR

    Henry Ford (1863-1947) brought the car to the masses. His Model T was everything he thought a car should be – reasonably priced and reliable – but only a few could be made in a day which wasn’t enough to satisfy demand. In the end he opened a large factory with an assembly line and went on to become the biggest car manufacturer in the world with a car that was simple to drive and cheap to repair. 

    COSMETICS

    Estée Lauder (1906 – 2004) was the daughter of a Hungarian immigrant. She founded her cosmetics company in 1946 armed with just four products and an unshakeable belief: that every woman can be beautiful. She began by selling skin care products to beauty salons and hotels, and believed that to make a sale, you needed to touch the customer. ‘I didn’t get there by wishing for it or hoping for it, but by working for it,’ she often reminded her sales team. Today her cosmetics are one of the leading brands in the world. 

    JEANS

    Levi Strauss (1829–1902) was born in Germany, but moved America in 1847 to work for his brothers. Six years later he started his own company, importing clothing, underwear, umbrellas and fabric which he sold to small stores all over the west coast of America. But it was customer, a tailor, who gave Levi the idea of making heavy-duty ‘waist overalls’, which we now know as jeans. Initially it is believed the jeans were made by individual seamstresses but by the 1880s, as jeans grew in popularity, he opened his own factory. The rest is history.

    THE PRINTING PRESS

    Johannes Gutenberg (1395 – 1468), a German goldsmith and businessman, invented a printing press with replaceable/ moveable wooden or metal letters in 1436. His invention, for which he needed to borrow money, is credited for revolutionising the production of books.

    THE COMPASS

    The Chinese invented the first compass during the Han Dynasty. It was made of lodestone, a naturally magnetized iron ore. The compass enabled mariners to navigate safely far from land, increasing sea trade and contributing to the Age of Discovery. 

    EXPLORER

    Portuguese Ferdinand Magellan (1480 – 1521) organised the expedition that resulted in the first circumnavigation of the Earth. He assembled a fleet of five ships and despite huge setbacks, including the master of one of the ships sailing back home and Magellan’s own death (he was killed during the Battle of Mactan), he proved the world was round.

    THE LIGHT BULB

    Thomas Edison (1847 – 1931) was the youngest of seven children. His mother decided to teach him at home after his teacher described him as difficult. He didn’t learn to talk until he was four after which he never stopped asking ‘why?’ At 12 he started selling newspapers and later published his own small newspaper. During his lifetime he filed more than 1,000 patents, including the electric light bulb, the first practical dictaphone, the phonograph and the storage battery. He obtained his last patent at 83. To many he will always be the greatest inventor who ever lived. 

    GOOGLE

    Larry Page (1973 -) and Sergey Brin (1973 -) met at Stanford University in 1995. Larry was considering the school; Sergey was assigned to show him around. Two years later the two students co-founded Google, which went on to become one of the fastest growing businesses of all time. Today Google is the most popular search engine. Their philosophy is simple: Great just isn’t good enough.

    ANIMATED FILMS

    Walt Disney, creator of such magical figures as Mickey Mouse and Snow White, pioneered the fields of animation. During his 43-year career in Hollywood, he became known for taking the dreams of America and making them come true. His drive to perfect the art of animation was endless. When Technicolor was introduced to animation, he held the patent for two years, which meant he was the only person to make colour cartoons.

    THE INTERNET

    Computer scientist Sir Timothy Berners-Lee (1955 -) invented the World Wide Web, an internet-based hypermedia initiative for global information sharing while at CERN, the European Particle Physics Laboratory, in 1989. The proposal was meant for a more effective CERN communication system but he realised the concept could be implemented throughout the world. The first website was built at CERN and finally went online on August 6, 1991.

    TATA GROUP

    J R D Tata (1904 – 1993) became India’s first licensed pilot in 1929 and went on to found India’s first commercial airline, Tata Airlines, in 1932, which later became Air India. He joined his uncle’s company, Tata & Sons, as an unpaid apprentice in 1925. In 1938 – at the age of 34 – he was elected chairman. Under his chairmanship the group’s assets grew from $100 million US dollars to $5 billion US dollars. He started with 14 enterprises and, when he retired, there were 95 enterprises in the Tata Group.

    CHINA YOUTHOLOGY

    Zafka Zhang co-founded market research company China Youthology in 2008. He believes today’s generation in China has the power to change society. Companies such as Audi, Nokia, L’Oreal, and Daimler have all used his online business to tap into China’s youth culture and understand how to market their own brands better.

    MICROSOFT

    Bill Gates (1955 -) began programming computers at 13. He dropped out of Harvard to devote his energy to Microsoft, driven by the belief that the computer would be a valuable tool on every office desktop and in every home. He began developing software for personal computers and led the personal computer revolution. Having already given away $28bn to his Foundation, Bill Gates now intends to eradicate polio, with the same drive he brought to Microsoft. 

    MOBILE PHONE

    Martin Cooper (1928 -) came up with the concept of the hand-held mobile phone while working at Motorola in 1973. The prototype, which weighed two kilos, is believed to have cost Motorola about $1 million in today’s money. The battery last 20 minutes but it didn’t matter because you couldn’t hold the phone for that long. 

    THE TELEPHONE

    Alexander Graham Bell (1847 – 1922) was the first to be awarded a patent for the electric telephone in 1876. He improved on the design and by 1886 more than 150,000 people owned telephones in the United States. He later said: ‘The day will come when the man at the telephone will be able to see the distant person to whom he is speaking.’ 

    FEDEX

    Fred Smith (1944 -) took money left to him by his late father and founded Federal Express, a global overnight delivery service that a professor had warned him was unworkable. His company, now known as FedEx, is now believed to be the largest transportation business in the world, processing more than eight billion pieces of freight every day, and operating in at least 220 countries.

    PAPAYAMOBILE

    Si Shen was inspired after reading The Road Ahead by Microsoft founder Bill Gates. He wanted to change the world; so did she. After working for Google for several years, she left and returned to Beijing where she and a friend launched Papaya in 2008. Today she turns mobile phones into social networks. The software lets people share pictures, send messages and play games with others and it is believed to have more than 35 million users. 

    VIRGIN GROUP

    Sir Richard Branson (1950 -) dropped out of school at 16 and started out by selling records to his friends at the lowest price possible in 1970. He later opened a record shop in Oxford Street, London, and built a recording studio, signing artists such as The Rolling Stones. Today Virgin Group, which he founded, comprises of more than 400 companies.

    STARBUCKS

    It all started with a cup of coffee. Howard Schultz (1953 -) was so inspired after speaking to the staff at Starbucks in Seattle in 1981 that he joined the company as director of marketing the following year. At the time Starbucks had only four stores. In 1983, during a trip to Italy, he had a vision to bring the Italian coffeehouse tradition to America. He left Starbucks for a while, hoping to strike out on his own, but returned in 1987 and bought the company. Today Starbucks has more than 17,000 stores in 60 countries.

    12 minutes read Issue 6
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    How journalists helped to put INEOS on the map

    In 2011, when the first edition of INCH was published, research had shown that the INEOS brand was not as strong as it ought to be, given the sheer scale of the company, but that it clearly needed to be if it were to attract the very best students and potential investors and influence politicians and the media. The magazine has – hopefully – helped to address these issues, but recently INEOS’ profile has been raised in a way not even chairman Jim Ratcliffe could have predicted.

    INEOS can no longer describe itself as the biggest company that you have never heard of.

    Ever since the events at Grangemouth in Scotland, at the end of last year, views of the company along with those of its founder and chairman Jim Ratcliffe have been in demand.

    Newspapers from around the world have been keen to include articles on the company and its Executives. Sylvia Pfeifer, a journalist on the Financial Times, said until a few months ago, INEOS had been little known outside industry circles.

    “If the Grangemouth issue generated unwanted headlines, it has also lured INEOS out of the shadows,” she said.

    But Journalists have not only been interested in INEOS’ success story. It has also been asked to comment on such things as the state of manufacturing in Britain, the impact of the shale gas boom in the US, the crippling cost of energy in Europe and the huge opportunities for growth in China.

    Business editor Alistair Osborne wrote in The Daily Telegraph: “Jim Ratcliffe may not be a household name but it’s hard to find another British industrialist who, in 15 whirlwind years, has built a business from scratch into a global $43bn (£27.5bn) sales machine.  Ratcliffe is hardly a man short of experience. So when he says that Britain ‘frankly has not been a very attractive place to manufacture’, or that the UK should stop ‘faffing about’ with shale gas and nuclear power, then his views command respect.”

    During an interview with Brian Carney, one of the editors on The Wall Street Journal, Jim was asked what the US could do to make life even better for industry in America.

    “Cut corporation tax,” he said. “It’s my only gripe. If you brought it down to about 30%, the US would be unbeatable.”

    During an interview with Stanley Reed from the New York Times, Jim talked about why he was not prepared to see profitable sites in the US subsidising those losing money in Europe.

    Bernd Freytag spoke to INEOS for an article he was writing for Frankfurter Allgemeine Zeitung. In it, he described the company as a pioneer for its decision to import low-cost shale-derived ethane gas to bring down the operating costs of INEOS’ European crackers.

    Referring to Jim, Bernd said: “His picture of Europe for the petrochemical industry is rather grim, and he forecasts hard times. He doesn’t share the view of some experts that the US shale gas boom will soon be over. He’s alone in thinking that but he thinks that is nonsense.”

    A similar story appeared in Le Monde. “Europe is not a good place for business right now and it’s getting worse,” Le Monde’s London correspondent Eric Albert wrote in his first-ever interview with the company. “I do not think people understand the challenges facing them.”

    Interviews also appeared in newspapers in Norway and China, written by Cecily Liu, a reporter on The China Daily, reporting on the huge petrochemicals market and steady demand that are propelling China’s growth.

    “I only knew about INEOS because of its joint venture with PetroChina but I knew very little about Jim,” she told INCH. “After Grangemouth he became more outspoken in the media. He clearly knows how to make the most of his talents and is more willing than most people to take risks.”

    But one of the challenges that INEOS once faced, now no longer exists.

    “INEOS had grown so rapidly that the perception people had of us hadn’t kept pace,” said Tom Crotty, Group Director for Corporate Affairs. “Even some customers were saying they thought we were a bit reticent, considering our size, in putting forward our views on the market. We also had some feedback from investors and the media that we needed to open up a bit.”

    Today no one can level that criticism at INEOS anymore.

    3 minutes read Issue 6
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    INEOS sues over alleged misuse of patents

    INEOS is suing state-owned Chinese oil and petrochemical company Sinopec and some of its associated businesses for allegedly violating patents.

    INEOS said Sinopec Ningbo Engineering Company had broken a long established technology agreement which, together with alleged misuse of trade secrets by other Sinopec companies, had enabled it to build a series of acrylonitrile plants in China without INEOS’ consent.

    “We want to take our best technology to China but we need to know that it will be protected,” said INEOS chairman Jim Ratcliffe. “The prolific building of acrylonitrile plants in China will destroy our business.”

    INEOS, which has otherwise excellent relationships with Sinopec and with China, said in a statement on March 21 that it had no choice other than to protect its intellectual property.

    “Unless we protect our hard-won intellectual property, which includes trade secrets and patents, covering technology, design and operations, ultimately we will see the demise of INEOS,” said Jim.

    INEOS fears China’s actions will cause major harm to its acrylonitrile business which generates up to $500million in profit every year and supports about 5,000 jobs in America, the UK and Germany.

    INEOS currently leads the global market for the production of acrylonitrile, the key building block for carbon fibre. The important molecule is also the key ingredient in ABS polymer, which is used in many everyday applications from children’s toys and computer monitors to white goods.

    INEOS’ acrylonitrile technology provides the basis for over 90% of the world’s production. SNEC, a Sinopec company, has had a licence to use that technology since 1984.

    INEOS, which is pursuing parallel actions in the Beijing High Court and through arbitration in Sweden, said it had ‘every confidence’ in China’s intellectual property system because it now files more patents than any other country.

    Sinopec denies INEOS’ claims.

    2 minutes read Issue 6
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    INEOS responds to customer demand

    INEOS Oxide has expanded its ethylidene norbornene (ENB) plant in Antwerp, Belgium, to satisfy demand from customers.

    The plant will now be capable of producing 28,000 tons a year – 20% more than before – and, as such, becomes the largest, single ENB plant in the world.

    ENB is mostly used to make ethylene-propylene-diene rubber (EPDM), an extremely weather-proof, durable, synthetic rubber that is increasingly favoured by car manufacturers and the construction industry.

    “Debottlenecking the Antwerp plant is a unique step by INEOS that will provide sufficient ENB for the next two to three years,” said CEO Hans Casier.

    ENB is also used by the perfume industry as a scent carrier

    1 minute read Issue 6
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    INEOS slices further €30 million off its interest bill

    Entrepreneurial thinking has saved INEOS a further €30 million a year in interest payments, when the company refinanced some of its borrowing in February.

    Video

    Sharp Financial thinking

    00:00

    The latest decision to take advantage of favourable financial markets followed last year’s refinancing when INEOS secured a significant interest rate reduction, which cut payments by $140 million a year.

    “If we combine the latest improvement with those of the last 18 months we have reduced the overall interest charge from €550 million to €385 million,” said Graeme Leask, CFO of INEOS Group Holdings.

    INEOS was able to drive down the interest rate on its borrowing because of strong demand from investors seeking to participate in INEOS’ success.

    “The reaction from the investors in February was extremely positive,” said Graeme. “Demand for the new bond was seven times oversubscribed.”

    INEOS had been paying just under 8% on its bonds. It had hoped to pay just over 6% on the new bond. What it achieved was just under 6%.

    It also managed to secure a further interest rate reduction on its bank loan.

    “We could choose to use these savings to repay debt but our investors know that we have many good opportunities across our businesses to earn money with this investment. So it is better for INEOS and its investors to put this money to work in our businesses than pay down the borrowing,” said Peter Clarkson, head of investor relations at INEOS.

    Financial advisors described the latest deal, as a ‘blowout’, said Graeme.

    INEOS attributed its success to the communications it has with its investors to highlight the ongoing performance of the company.

    “We are very open with our investors and they value that transparency,” said Peter. “Every week, which is unusual in the world they invest in, we write a market update for all investors and analysts with a summary of what has been happening in all our major markets.”

    That culture of openness and honesty has also allowed INEOS to reduce the amount of time needed to renegotiate and secure better interest rates.

    A bond refinancing deal used to take up to three weeks. Now, because investors know us well, it can be done in a few days.

    INEOS did not need to refinance these high yield bonds until 2016 but saw an opportunity to take advantage of the good financial markets and moved quickly.

    “We don’t normally wait until we have reached the wire on these things because we want to give ourselves plenty of leeway,” said Peter.

    The latest deal also led to an improved credit rating from Moody’s which now matches Standard & Poor’s at B1/B+

    “Credit rating agencies are inherently conservative and their default scenario is ‘the world’s going to end tomorrow; explain otherwise’, so to get an upgrade at this point in time is good news,” said Peter.

    There are also other added benefits, including the ability to negotiate more credit with suppliers which improves cash flow.

    Moody’s analyst Douglas Crawford said the upgrade partly reflected INEOS’ ‘resilient’ performance in 2013 and how well it expected the company to perform this year.

    INEOS AG Finance Director John Reece said overall the group had performed well in 2013 and that 2014 had got off to a good start. Most of INEOS’ profits, though, are coming from America, rising from about 60% in 2012 to almost 70% last year.

    “Shale is not the only reason we are doing well in the US but it has been transformational,” he said.

    INEOS is planning to invest heavily in the US over the coming year.

    “That investment is very much our number one priority,” said John.

    Plans in the pipeline include a polyethylene plant, an oligomers plant and possibly a new ethylene oxide plant.

    John said, “Europe, particularly southern Europe and the UK, are still challenging but our decision to import low-cost shale-derived ethane gas from America to Europe will help to reduce operating costs at our European gas crackers which will help us to remain competitive.”

    Looking ahead, the journey, which began in April 2012 when INEOS secured the largest-ever covenant-lite loan for a European company and the largest globally since the credit crunch, will continue.

    “It is part of our strategy,” said Graeme. “We are opportunistic so if there is an opportunity in the market to reduce our interest rates or extend our fi nancing, then we are always ready to do that.”

    11 minutes read Issue 6
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    INEOS signs second deal to ship more ethane to Europe – and orders more ships

    INEOS has signed another deal to import more competitively-priced shale-derived ethane from the US to help reduce the operating costs of its European gas crackers.

    INEOS Europe AG will begin accepting shipments from CONSOL Energy in Pittsburgh from next year.

    “This will allow us to continue to consolidate the competitiveness of INEOS’ ethylene production in Europe,” said David Thompson, Procurement and Supply Chain Director.

    Two years ago INEOS became the first petrochemical company in Europe to seize the opportunity to import cheaper energy and feedstocks from Range Resources in the US.

    In December 2012 it finalised 15-year contracts with three US companies which would be responsible for the drilling, distributing, liquefying and shipping of ethane from America to INEOS’ Rafnes plant in Norway.

    On May 7 this year INEOS announced that it had reached an agreement with Evergas to increase the number of shipping vessels to six. Those ships are currently being built in China and will transport the ethane to both the Rafnes site and INEOS’ Grangemouth plant in Scotland.

    The ships are the largest, most flexible and advanced multi-gas carriers yet to be built. They will provide INEOS with a flexible solution for their ethane supplies with the option of transporting LNG, LPG as well as petrochemical gases including ethylene.

    “The advanced design of these vessels offers very high efficiency and unparalleled flexibility to INEOS securing the longevity and strong position of their business” said Martin Ackermann, CEO of EVERGAS.

    The dual-fuelled vessels will use clean LNG in state-of-the-art engines securing high efficiency, low emissions and reduced fuel cost.

    2 minutes read Issue 6
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    INEOS Technologies moves fast to win business in Vietnam

    A company in Vietnam has licensed INEOS Technology to manufacture polypropylene, a plastic polymer that is used in everything from fridges to carpets to car parts.

    Vung Ro Petroleum Limited said INEOS’ Innovene PP process would give it the edge over its competitors and help it to satisfy the growing demand in the Asian market.

    “The economies of Asia are growing and with that growth is a need for plastic products for infrastructure, packaging, household goods, appliances and consumer products,” said Randy Wu, Vice-President, PE/ PP Marketing and Sales at INEOS Technologies. “In the past most of those products were destined for the export market.”

    Vung Ro Petroleum Limited first approached INEOS Technologies in mid-2012. Within a year, the company had signed a deal with INEOS. “That’s relatively fast for a polyolefins licensing project, many of which take years to consummate,” said Randy. “But it shows that we have done such a good job developing our relationships with clients, consultants and contractors that our reputation as a leading provider of technology is widely known in the industry.”

    The refinery will be based in the Dong Hoa District of Phu Yen Province.

    “INEOS’ Innovene PP process will be an integral part of our refinery project and provide us with an advanced polypropylene process with advantaged economics and broad product reach,” said Kirill Korolev, CEO of Vung Ro Petroleum Limited.

    2 minutes read Issue 6
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    Business gets taste for new adventure

    Baleycourt is one of the 12 businesses that come under INEOS Enterprises’ umbrella. It is a small site, about the size of 20 football pitches, but its contribution to INEOS’ success should not be underestimated.

    Video

    BUSINESS PROFILE: BALEYCOURT

    00:00

    INEOS Enterprises will be fielding another new product this year – food grade rapeseed oil.

    It will be the first time that INEOS has ever ventured into the food ingredients market, but by the end of 2014 it will be producing 15,000 tons of rapeseed oil at its site at Baleycourt, France.

    Only time will tell whether it will be a wise investment but Ashley Reed, Chief Executive Officer of INEOS Enterprises, and Chief Operating Officer Steve Dossett, who manages the business, are confident.

    “It is a new departure for us but rapeseed oil is becoming increasingly popular, mainly for its healthy properties and price advantage versus olive oil,” said Ashley.

    Production of rapeseed oil, which is a rich source of vitamin E and contains half the saturated fat of olive oil, will also help to ensure that the site – in the heart of France’s second largest vegetable oil producing region – remains competitive.

    For years Baleycourt had been producing tons of biodiesel for French supermarkets and oil companies like Total.

    In 2008 INEOS Enterprises further strengthened Baleycourt’s position when it set up an €80 million joint venture – known as INEOS Champlor – with French farming co-operative SICLAE and oil seed crushing group C.Thywissen, which led to the opening of a second biodiesel unit and rapeseed crusher and oil refining plant.

    “The investment was principally driven by the French government which was promoting significant levels of biofuel blending ahead of EU legislation,” said Ashley. “Each of the fuel markets (diesel and gasoline) had individual incorporation targets with severe financial penalties for the blender if they failed meet the obligation. That meant we should have had a guaranteed market.”

    It also meant INEOS could crush locally-grown rapeseed itself instead of buying it as rape oil from Germany, where previously it had been transported for crushing.

    The investment made financial sense and the partnership worked beautifully. INEOS bought in the rapeseed at a competitive price and crushed it, making thousands of tons of renewable fuel for a market that wanted it. As a bonus, the by-product was rapeseed meal, which was used as a GM-free protein animal feed for pigs.

    At its peak Baleycourt was producing 140,000 tons of biofuel and 180,000 tons of rapemeal every year.

    But then the wind started to change.

    In 2010 the EU introduced ‘double count’ legislation which encouraged fuel producers to blend waste feedstocks such as used cooking oil and tallow.

    By 2011 – with no cap on the product – the international oil trading hub, ARA, began saturating the French market with this form of fuel, materially impacting on demand for ‘single count’ rape oil derived product. Baleycourt production volumes slumped. Eventually imports into France were limited.

    The domestic producers did regain market share but it had altered the market dynamics significantly and French government incentives were also about to dwindle.

    The following year the EU Commission made a significant about turn on biofuels with a proposal to limit the quantity of biofuels made from crops to 5%.

    Then last year further EU legislation was imposed.

    In short, the EU had lost its appetite for crop-based biofuels.

    “There is still much debate within the EU institutions, including what is a crop, so it is not clear exactly how this will play out over the next few years,” said Ashley. “But it is highly unlikely there will be much, if any, growth in the current EU average blending levels of biodiesel made from crops.”

    INEOS decided it was time to take back control. To become the master of its own destiny.

    At the end of last year it negotiated down the JV’s uneconomic debt with the banks, bought out its JV partners, agreed a five-year, improved deal with farmers for their rapeseed and restructured the Baleycourt business.

    “We had been thinking about using the extra capacity to produce rapeseed oil instead of biofuels for a while but we needed the agreement of all parties,” said Steve. “The JV could not service its debts to its lenders and had been heading towards bankruptcy since the end of 2010. Failing was an option but now INEOS has a future in the oilseeds and biodiesel world, whilst still retaining the strategic supply for local seed from the French co-operatives. This new project is a toe in the water. We know there is already a very large oil market but we are confident.”

    The seeds of that new venture are now being sewn in the fields that surround the 25-hectare site near Verdun.

    But Baleycourt, which employs 150 people and turns over 250 million Euros every year, is not just about biofuels.

    This small French site has also been producing high quality plasticisers from alcohols and acids for more than 40 years.

    And business is booming thanks to the development of INEOS’ phthalates-free CEREPLAS™ Esters which are now used to make PVC cling film and food bags, car dashboards, vinyl flooring, and tubes and bags for the medical industry.

    Over the past five years three new grades – terephthalates, trimellitates and sebacates – have been launched on the market leading to more than 20% increase in sales volume.

    “This growth has been driven by matching market demand and being proactive on customers’ trends,” said Steve.

    Phthalates help to soften and make plastic more flexible and harder to break, but their use come under increasing scrutiny due to concerns about potential health risks.

    “What INEOS did – in the face of those concerns – was develop an alternative, phthalate-free ester which does the same thing,” said Steve. “Some of our competitors do still make phthalates as well as non phthalate products but we made the decision – and it was important to us – to make the site 100% phthalate free. Even though that limited our sales opportunities, it meant we could promise our customers that we would not, even by accident, supply them products containing phthalates.”

    Baleycourt, which sees more than 700 000 tons of various products transported in and out of the site each year, also produces esters for the lubricants market.

    “The future of the esters business will be to continue to grow significantly by providing tailor-made, smart solutions,” said Ashley.

    That will be done by keeping a close, watchful eye on the ever-changing market and coming up with innovative products to meet INEOS’ customers’ needs.

    “INEOS Enterprises is now recognised as a key supplier of esters in Europe which is a significant achievement, when you consider that esters’ customers are historically reluctant to change because of the lengthy approval processes imposed on them by their downstream customers,” said Ashley.

    20 minutes read Issue 6
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    Safely on track

    Safety is paramount at INEOS. But it has to be, because it operates in a hazardous environment. The year may have changed, but INEOS’ approach to personal and process safety won’t. If anything, it will become even more important and robust, as Stephen Yee explains.

    Safety doesn’t just happen by accident. It takes a lot of hard work, and needs everyone – employees, employers and contractors – to understand what’s at stake when a company like INEOS gets it wrong.

    “Our commitment to safety starts at the top as a core value of our company,” said Stephen Yee, Business Safety Health and Environment Manager based at INEOS ChlorVinyls in Runcorn, UK.

    “We all know that the sustainable long-term future of our businesses rests on our track record on safety, health and the environment.”

    Last year was a good year for INEOS despite its decision to switch to OSHA, (Occupational Health and Safety Administration) a stricter, US-based system of recording workplace accidents, injuries and illnesses so that others could judge its performance against the very best.

    “We can now see that INEOS compares well against the likes of Shell and Dow Chemical,” said Stephen, who collates the Group’s safety reports. “But the data also shows that lower injury rates are achievable. Based on our own analysis, if we look back five years, we are approximately 50% better than we were in 2008. And in 2013 there were 70 fewer injuries reported.”

    Last year was a particularly good year for INEOS O&P Europe North, which won the INEOS SHE award for the second time for its safety performance and for setting a good standard in process safety management.

    Hans Niederberger, chief operations officer, said clear communication was one of the reasons for the business’ success last year, with SHE line managers tasked with the vital job of keeping everyone informed of what was expected.

    “In addition every single site has its own score card regarding SHE improvements during the year and those cards are reviewed every month,” he said.

    INEOS O&P Europe North reported four injuries during 2013.

    “That led to a frequency of 0.12 injuries per every 200,000 hours worked,” he said. “A world-class frequency is deemed to be 0.20 to 0.25.”

    Stephen said INEOS would be looking to the best sites to help the worst-performing sites in terms of safety.

    “We can – and will – learn from how the best sites approach safety to improve the performance of all businesses,” he said.

    At INEOS in Köln, a hard-hitting poster campaign, ‘Accidents cast long shadows’, was launched to encourage all staff to think of the potential consequences of their actions at work.

    Juergen Schmitz, head of the occupational safety and health department whose job is also to deliver key messages about safety to almost 2,000 employees and 1,000 contractors on site, said the campaign had been well received but it was difficult to establish a link between that and the fact that the site’s safety record had improved.

    “Many occupational safety-related components will have contributed to that improvement,” he said.

    In addition to the campaign, he said, all trainees and managerial staff – from the shift managers to the Managing Director – had attended a mandatory training safety programme in 2013.

    Looking back over a successful year, Stephen said there were some ‘outstanding milestones’.

    No one, he said, had been injured at the INEOS ChlorVinyls plant in Sweden since December 30, 2010.

    “To go 1,000 days without a recordable injury is something of which the plant should be very proud,” he said.

    Helen Axelsson, who is in charge of safety, health, environment and quality assurance, attributed the plant’s impressive safety record to 10 years of focusing on employees’ behaviour.

    “We have an open safety climate, where everyone could tell anyone if they think someone is working in an unsafe manner,” she said. “The last three to four years we have used the expression: ‘We always have time to work in a safe manner’ and I really think that everyone, both employees and contractors, feel that it is true.”

    Last year each INEOS business also implemented – despite a challenging timescale set by themselves – the 20 key safety principles devised by INEOS’ process safety management team and based on actual incidents or ‘near misses’.

    “We not only implemented them but each business has been independently audited,” said Stephen.

    “The lead auditors were site and production management from other sites which encourages sites to share best practice.”

    He said, though, that people should not worry unduly about statistics.

    “Our focus is simple,” he said. “It’s one step at a time and to focus on what we can all do to prevent injuries to those who work on our sites. The good results will follow.”

    But, as with most things, there is always room for improvement.

    “I do find it frustrating that there are still injuries which happen that can be prevented if people stop and think before they act,” he said.

    As a group, INEOS also wants each business to further improve its safety record by 10%.

    “They are challenging SHE controls,” said Stephen. “But they are achievable.”

    10 minutes read Issue 6
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    INEOS refines its goals

    With Europe now one of the most expensive places in the world to make chemicals, energy-intensive companies like INEOS need to think creatively if they are to stay in business. At the French site in Lavéra, changes are afoot. 

    Marseille is the oldest – and second largest – city in France. It enjoys miles of sandy beaches and is peppered with picturesque buildings.

    As such, you wouldn’t expect it to have anything in common with a neighbouring crude oil refinery, which produces thousands of tons of gasoline, jet fuel, diesel, and heating oil every day. But it does.

    For INEOS’ Lavéra petrochemicals site and Petroineos’ crude oil refinery – just 30 miles west of Marseille – use as much energy as the city itself.

    And therein lies the problem.

    “We have got to continually maximise our energy efficiency,” said Jean-Noël Large, who now has the job of improving the energy efficiency of the 81-year-old refinery. “It is one of INEOS’ top priorities, and not just in France. The high cost of energy is a problem for the whole of Europe. Our energy costs are now incredibly high compared to America and Asia. Compared to other similar-sized petrochemical companies and refineries on other continents, we are currently in a difficult position, and people on site generally understand the situation well.”

    In his role, Jean-Noël works closely with on-site technicians, manufacturing, process and maintenance engineers across the site, experts from INEOS Technologies and also external partners.

    “The INEOS Technologies modelling team has the ability to carry out simulations to explore ways to improve the efficiency of the site,” he said.

    The 650-hectare Lavéra site as a whole is one of the biggest petrochemical sites in Europe. It was owned by BP when Jean-Noël joined the company in 1989. INEOS acquired it when it bought BP’s Innovene business for $9 billion nine years ago, in December 2005.

    “When BP owned the site, the cost of energy in Europe was competitive,” he said. “But the price of energy in Europe has continued to rise whilst the shale gas boom has dramatically reduced the price of energy for our competitors in the US, creating a huge difference between these markets. Energy is now a top priority for us and it is up there with the reliability of the site.”

    Tom Crotty, INEOS Group Director, said spiralling energy costs in Europe meant it now cost INEOS’ Olefins & Polymers business in France twice as much as it did in America to produce a ton of ethylene.

    “If we want to be around in years to come to compete then it is incredibly important to cut our energy bills,” said Jean-Noël.

    He is currently working on many projects. Smaller ones, including a steam balance tool to analyse steam consumption across the refinery, have already been implemented, others are ongoing – and so far investments and careful monitoring have led to a 20% reduction in the number of steam leaks – and more are in the pipeline.

    This year he will also oversee a major change to one of the furnaces in the refinery. The crude oil distillation unit currently runs on a mixture of liquid and gas but, from May, it will run on gas only.

    “At the moment the combustion of liquid fuel generates deposits in the furnace that limit its global efficiency,” said Jean-Noël.

    By improving the efficiency of the unit, less fuel will be burned, money will be saved and air emissions will be reduced.

    Petroineos Manufacturing France is also investing in a €70 million project to two install new state-of-the-art steam boilers by mid-2015. Once in place, they too will improve the efficiency of the refinery, and lead to a further reduction in emissions.

    In 2002, 13,000 tons a year of sulphur dioxide were being emitted into the atmosphere from the site. By 2013 INEOS had cut that figure by 70% a year thanks to a series of improvements and investment. “With the changes we are going to make, we will be able to cut further these emissions by more than 90% by 2016,” said Jean-Noël.

    He said all the projects would have a huge impact on the efficiency of the refinery and help the site to regain its competitiveness. “We are looking at saving up to €25 million a year,” he said.

    Jean-Noël is excited by what lies ahead for Lavéra, and also the difference he can make. “I have been given the freedom to explore any path judged as potentially interesting, that helps our performance and reduces cost to the business,” he said. “My field of investigation covers any unit of the refinery and any source of energy improvement. And hopefully my experience and my knowledge of the site and of the people will help me to implement this action plan.”

    8 minutes read Issue 6
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    Experts explore options

    Radical thinking on INEOS’ part in 2009 will start to pay dividends next year when the first shipments of low-cost ethane from the US begin arriving at Rafnes in Norway to help reduce operating costs at INEOS’ gas crackers in Europe. But why stop there? That’s the question INEOS is now asking itself.

    INEOS hates waste. And that includes squandering opportunities to run its businesses more efficiently.

    Having already clinched game-changing, 15-year deals with two American companies to import low-cost, shale-derived ethane gas from the US to Europe to help reduce the operating costs at its European plants, INEOS is now looking to the UK.

    A new team, led by Gary Haywood, is now weighing up the pros and cons of pursuing shale gas exploration and production starting in the UK, currently one of the few countries in the EU to accept the importance of hydraulic fracturing, or ‘fracking’ – the process by which gas and liquids can be extracted from shale formations.

    Gary said the British Government’s support for shale gas exploration had been an important factor in INEOS’ decision to invest in its own project team, which was set up in February.

    “Without Government support, the development of shale gas production would be virtually impossible,” he said.

    The British Government has now created an Office of Unconventional Gas and Oil to promote the safe, responsible and environmentally-sound recovery of the UK’s shale gas and oil resources, and has promised tax incentives to encourage investment.

    “The Government has recognised that shale gas has the potential to provide the UK with greater energy security, growth and jobs, and help the UK’s chemical and energy-intensive UK manufacturing industry to succeed,” said Gary.

    There are currently 176 Petroleum Exploration and Development Licences (PEDLs) for onshore oil and gas in the UK. More licences are due to be awarded this year.

    The US shale gas revolution has transformed America’s petrochemical industry.

    Gas prices in the US are now about a third to a half of those in Europe (and a quarter of Asian prices), and cracker feedstocks have also benefitted. Dennis Seith, CEO of Olefins & Polymers (USA), said the effect of reduced energy costs for American industry had been nothing short of phenomenal.

    US chemical companies are set to spend more than $70 billion before 2020 on new manufacturing facilities – fuelled by these cost advantages. The factors impacting gas prices in the UK are complex, and in some ways different to the US. It is unlikely that the impact of significant shale gas production on gas pricing will directly mirror the US situation, but there is no doubt that the development of this national resource will only improve the competitiveness of the UK gas market, as well as boost energy security, the balance of payments – and jobs.

    In January UK Prime Minister David Cameron, buoyed by what has happened in America, urged the European Union not to impose premature regulatory burdens on shale exploration because investors would look elsewhere. “Oil and gas will still be plentifully produced but Europe will be dry,” he told the World Economic Forum.

    Instead he urged the EU to embrace the opportunity.

    “I understand the concerns some people have,” he said. “We need the right regulations and governments need to reassure people that nothing would go ahead if environmental dangers were present. But if this is done properly, shale gas can actually have lower emissions than imported gas.”

    Gary’s team have already started work.

    The UK is estimated to contain vast and untapped reserves of shale gas. The question is whether the gas can be extracted economically. Part of the INEOS team brief is to study UK geology to identify the most prospective areas for economic production. Of course, economic production of shale gas will also require the right surface conditions, including available land, and the required infrastructure.

    The team has also been working with other chemical companies, energy-intensive users, and shale gas production companies to decide how best to communicate to a now sceptical public that shale gas can be extracted in a safe and environmentally-sound way.

    “The environment at the moment is difficult,” said Gary. “People are concerned but what we need to do is to get our message out to people, to balance those messages of concern, which can sometimes be emotional and not necessarily based on sound science or indeed knowledge of the facts.”

    INEOS has already adopted a strategy to help persuade the public about the very real need for shale gas exploration – by its involvement in discussions in Parliament, in the media and through INCH, and highlighting the benefits to its own employees in the hope they too will share the facts.

    “We need to keep driving home the message that the chemical and energy intensive industries in the UK need to be competitive, or they face a very bleak future,” said Gary. “At the moment Europe is seeing increasing competition from America and the Middle East where energy and feedstocks are very low cost.

    We need to explain that the development of our shale gas resource is one way that we can help here.”

    INEOS can use shale gas as a feedstock or energy source for its ethylene crackers but it also owns land, pipelines and storage in some of the key areas being explored in the UK.

    “All that, coupled with INEOS’ clear manufacturing excellence, strong safety focus and good relationships with the communities in which it operates, means that INEOS may bring something unique to this emerging industry,” said Gary. “So INEOS may ultimately opt to drill for shale gas itself.”

    INEOS has brought substantial external experience into the team to help with the evaluation of this exciting opportunity. Tom Pickering has 10 years’ experience in on-shore gas exploration and production in Europe, and has also applied for – and successfully obtained – the largest number of UK onshore licences of any applicant. Gareth Beamish has 30 years’ experience as a geoscientist with major companies such as ExxonMobil and BG Group, including five years’ experience in shale gas exploration globally.

    “We are looking at what makes sense for us,” said Gary. “We are certainly big supporters of shale gas production. Whether we are merely cheerleaders, or directly involved in exploration and production, or something in between, will depend on our assessment of the benefits and risks across our options, and then ultimately on how INEOS Capital assess those benefits and risks, and how they want to deploy the resources of the company.”

    If the UK does manage to tap into its vast reserves of shale gas, Gary believes it could have a knock on effect across Europe.

    “We can’t be sure, but we do believe that positive progress in any European country will set the tone for the rest of Europe,” he said. “People want secure, competitive and environmentally-friendly energy options, and we believe that if they had all the facts around shale gas production, then they would be supportive.”

    10 minutes read Issue 6
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    The Grangemouth dispute

    The Grangemouth complex, including the refining joint venture Petroineos, is one of the three largest sites in INEOS. It was built over 50 years ago to process oil and gas from the North Sea.

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    Grangemouth dispute

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    The site has not performed well since the 2008 crisis and has relied on funding from other businesses in INEOS Group, each year since, to survive. A total of £600m (€715 m) has been funded by Group in this period.

    There are two businesses on this complex and each one has its issues. Refining has suffered from a poor business environment in Europe since the crisis and low margins. It also has had poor reliability and high costs.

    At the heart of the second business on the site, Chemicals, lies the KG cracker which converts North Sea gases into olefins. These gases have declined rapidly in recent years such that now we can only operate at 50% rates. In addition, the cost base is much too high.

    Grangemouth (Chemicals and Refining) has been unable to address its high fixed cost base which has been crippling the business, because the resident union on site, Unite, would not sit down to discuss the seriousness of the situation.

    Pensions are a prime example of the uncompetitive position. A typical pension on our Grangemouth site costs 65% of salary. This is simply unaffordable. Salaries are double the national average in the UK. Any attempt to discuss this unsustainable position by the union was simply met with a ‘no’ and a threat of strike action. Unite threatened to strike 3 times in 2013, in February, in July and in September. The 2008 strike cost the business £120m and deprived Grangemouth of much needed investment in infrastructure.

    Following a ‘summer of discontent’ over the union convenor, Stevie Deans, who sadly had misused INEOS facilities and information together with mounting losses, we decided that either Grangemouth must accept change or closure.

    The only scenario for Chemicals that offered a bright future was to supplement the declining North Sea gases with US shale gas, which is both abundant and cheap. Transporting large quantities of gas however requires investment and infrastructure. It requires special ships and large import and export terminals that can handle liquefied gases at minus 100ºC. The total investment necessary to enable Grangemouth to bring in, and process, US shale gas, is in the order of £300m, of which £150m is required to build the import facility at Grangemouth itself.

    INEOS Capital agreed with management before the summer, that it was prepared to fund this ‘transformational’ project for Grangemouth, but only on condition that the business addressed its cost base including the unaffordable pensions and an overall wage package for operators of £100,000 per year (€120,000 or $160,000).

    Management constructed a ‘Survival Plan’ for Grangemouth that involved closure of the current pension scheme but replacement with a ‘best in class’ pension scheme, a pay freeze for 3 years and changes in redundancy terms and work flexibility. In return, INEOS agreed to invest £300m to import US gas.

    Unite continued to refuse to engage in any discussion on the ‘Survival Plan’ meaning that further losses were inevitable, and further more, that businesses elsewhere in the INEOS Group would have to continue to prop up Grangemouth.

    We asked employees to vote on the Survival plan but sadly the result was a split vote.

    After much internal discussion following this disappointing outcome, we had little option but to announce closure of the Chemical assets rather than sustain further losses.

    At the eleventh hour the union announced a reversal of its position and accepted the requirement for the changes needed to secure the funding of £300m.

    Looking back now the outcome was clearly a very positive one for the site. It means that Grangemouth has a future, and potentially a very good and long lived one at that.

    It is very regrettable however that the process took the path that it did. It caused distress to employees and families, and it wasted an immense amount of money, over €40,000,000.

    It was unnecessary and wasteful. Grangemouth needs to find a constructive way to have a dialogue between employees and management as we do in virtually all of our other sites, whether they are unionised or not. We have had two strikes in recent years at a cost of €200 million, years of aggressive confrontational dialogue with unions, multiple strike threats and heavy losses. The world is a changing place, business fortunes rise and fall. At times there will be need for change and there needs to be an effective forum to discuss this.

    I would ask employees at Grangemouth to consider how in the future they would like to be represented in an effective and constructive way, bearing in mind that both employee and employer benefit from a successful future for Grangemouth.

    JIM RATCLIFFE

    7 minutes read Issue 5
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    Grangemouth

    The Grangemouth oil refinery dispute took on a new turn in the autumn.

    After learning that the petrochemical plant in Falkirk, Scotland, will stay open following a deal struck with Unite, allegations emerged of a campaign of bullying and intimidation echoing the union militancy of the Seventies and Eighties.

    A senior manager at INEOS, the company that operates Grangemouth, claimed that the Unite union sent a mob of protesters to his home, leading him to fear for the safety of his wife and two young children.

    Meanwhile, the daughter of another director said that she had received a “wanted” poster criticising her father, at her home in Hampshire, hundreds of miles from the Grangemouth plant.

    David Cameron described the allegations as  “quite shocking” and called on the Labour Party to investigate the claims about the union, which is its largest donor.

    Len McCluskey, Unite’s general secretary, defended the tactic as “legal and legitimate”, adding:  “If a company director is engaged in what we believe is an unfair attack on workers and their families and their communities, then the idea that faceless directors can disappear to their leafy suburbs and get away with that type of action is something we think is wrong.”

    Here, Jim Ratcliffe, the chairman of INEOS, talks about how he took on the union, and what British industry can learn from a thriving Germany.

    INEOS chairman Jim Ratcliffe reflects on the Grangemouth dispute and union militancy

    Towards the end of 2005, INEOS acquired Innovene, the petrochemicals arm of BP, for $9 billion. It quadrupled the size of INEOS overnight and brought with it some of the world’s largest industrial sites.  One of those was in Cologne, Germany.

    Three months later I visited the Cologne site, similar in size to Grangemouth but far more profitable, where I met the union convenor. His name was Siggi, he stood 6ft 4in tall and was known to represent employees robustly, but fairly.

    After 15 minutes of ‘get to know you’ chat, he said: “Jim, I don’t like your bonus scheme.” Taken aback, I replied: “But why, Siggi? It’s a very generous bonus scheme.” He responded: “I would rather you spend the money on the plant, on capital expenditure, maintenance and painting so we can be sure there will be jobs for the employees’ children and their children.”

    There has never been a strike on that site, or a hint of one. The union, on behalf of employees and INEOS, share a common goal: a long-term, successful future. Employees retain good-quality jobs, and INEOS makes profitable returns and reinvests on the site.

    Sad to say, but invariably a chemical complex in Germany is in better condition and is more efficient than an equivalent one in the UK. And, equally regrettably, the German chemical industry has fared better than its British counterpart, which has experienced a number of closures in the North East and North West.

    The constructive dialogue that we encounter in Cologne has been lacking at the Grangemouth petrochemicals plant in Falkirk.   

    Unions can play a valuable role in large organisations where it is difficult to talk to a thousand people. They can negotiate annual pay awards with management, represent grievance cases, and explain and advise   on complicated changes in employment or pension law. However, in my view, they must understand that a business has to be profitable to survive, that the world is always changing, so firms have to adapt to remain competitive, and finally that their role is to safeguard the long-term employment of their members.

    On the Grangemouth site this year, Unite threatened a strike three times – in February, July and October. In February, the union demanded a pay rise of 3.9 per cent, a level that the business simply could not afford. We had no option but to accede, as the site was not prepared for a strike and it simply would have been too damaging. In late July, Len McCluskey, general secretary of Unite, telephoned the site personally and demanded the reinstatement of Stevie Deans – who had just been suspended following a discovery of thousands of Labour Party emails on our system – or he would “bring Grangemouth to a standstill”. Again, a strike would have been too damaging at that time. And then, in October, came the straw that broke the camel’s back. Unite declared a strike over the investigation of Stevie Deans but, critically and far more damaging, they refused to engage in discussions about the future of the site.

    Without change, Grangemouth would certainly fail. The business had been unable to adapt to a world that had moved on and become more efficient and competitive, because the union had kept a stranglehold on the plant. Each operator on the Falkirk site now costs close to £100,000 per annum, if one takes salary of £55,000 plus a pension contribution of £35,000, plus bonuses and National Insurance. This level of expense is simply unsustainable in our industry.

    It is misplaced for unions in Britain to think that we are the enemy. We are not. It is not necessary, nor appropriate, to sow dissent and misrepresent employees or constantly to threaten industrial action. It is wrong for “brothers and sisters” letters (this is how missives from the union to members on site are addressed) to describe doubters or anyone who deigns to cross the union as scabs. It also has the hallmarks of bullying. Not only is it wrong but it is also intimidating, and designed to suppress alternative views – an attitude that runs absolutely counter to the values of society today, in which freedom of speech is cherished.

    During the dispute, a female employee in accounting, who was worried by the union drumbeat, expressed concern about her job and confirmed that the business was in financial difficulty (she prepared the figures each month) in an email that she put out across the site. She received rude anonymous phone calls, with the phone being slammed down.

    This small incident was much discussed in INEOS. It upset many of us that a lady in our company, a mother of three, was unable to express her views and concerns freely. It played a part, ultimately, in our resolve not to accept a solution for the site that did not bring with it changes on many fronts, but most importantly, in attitude and working practices.

    The union issues on the Grangemouth site date back to the Seventies. Only three weeks ago, half a dozen friends and I were guided on rocky trails through the high Alps in Italy on mountain bikes. One participant, Tony Loftus, who had been the operations director for INEOS’s predecessor, Inspec, revealed in a discussion about the troubles at Grangemouth that his first job after a chemistry degree at Manchester University had been as a graduate trainee on the Grangemouth site in the early Seventies. He said, quite spontaneously: “When I was in Grangemouth, there were no problems, we didn’t have any strikes, and management did as they were told.” Little has changed since, and today the site struggles compared with its German counterparts.

    While unions did not play a part in my family life when I was being brought up, my early years were most certainly spent in a working-class community. My first 10 years were in Failsworth, a northern suburb of Manchester, close to Oldham. I recall being able to count more than 100 mill chimneys from my bedroom window – this is probably how I learnt to count. We lived in a small cul-de-sac called Boston Close, in what I remember as a very pleasant council house. It still exists today. I do recall my father telling me that when he was younger he had climbed every tree in Miles Platting, a neighbouring suburb where he was brought up. It was only many years later as a teenager that it dawned on me that there were no trees in Miles Platting. It is a far cry from the leafy suburbs of the Home Counties.

    These communities in Lancashire developed in the late 1700s. Workers migrated from the fields and sought new employment and opportunity in the Industrial Revolution that began in the heart of Lancashire. Britain invented the concept of manufacturing. I can clearly see in my family tree many of my ancestors moving from the fields of Derbyshire to Manchester. All signed their name with a cross.

    I undoubtedly have an affinity to manufacturing, as do many from this part of the country. I am a strong advocate for actually making things in a major economy like Britain. That is not to say I have anything against services. I do not. But I believe that a robust, balanced economy requires a healthy manufacturing sector. We spend a good portion of our income on goods of one sort or another, from washing machines to handbags (heaven knows why so many are required), and it is common sense that we are better off making some of these goods than importing them.

    Britain has suffered a collapse in its manufacturing base in the past 20 years. A typical economy splits three ways: agriculture, manufacturing and services. Agriculture is normally quite small, at less than 10 per cent; services is generally the largest sector;  and manufacturing might be in the 20 per cent range, as is the case in Germany.

    Twenty years ago, Britain lagged behind Germany by a small margin, maybe 2 or 3 per cent. Today, Britain’s manufacturing sector is only half of Germany’s.

    The obvious questions are, why this collapse, and is it important? For me, it certainly is important. An over-dependence on services leads to a fragile economy. Germany emerged from the 2008/9 recession much more quickly and vigorously than Britain. Equally important is the geographic divide here. The Midlands and the North are much more heavily biased to manufacturing, and communities have suffered from high unemployment. London is clearly services-based, and very successful for it. But they are not the only game in town.

    I see some tendency in government, which sits in a ‘services environment’, that is to say in London, to believe that the future is all about the City and its love affair with financial services. We should take some lessons from Germany, where they have a strong attachment to their thriving manufacturing base and recognise its key role in a balanced economy.

    I see the rapid decline in manufacturing in Britain stemming from previous governments’ lack of recognition of its importance.

    Britain doesn’t have a knock-out sales pitch to attract manufacturers. INEOS has several sites in Britain, but they are not as profitable as our plants in Germany, Belgium and, particularly, the US. Britain has expensive energy, skills are not at the levels of other countries, pensions are expensive, and unions can be difficult. Historically, government was not switched on to manufacturing in Britain. In contrast, the USA has excellent skills, most of our sites there are non-unionised, energy is a fraction of the cost in Britain, and they have an enormous market. Germany is simply good at manufacturing – as we used to be.

    There is no reason that manufacturing should not revive in Britain. The present Government is becoming more attuned to its importance in maintaining a healthy economy. We should never forget that the Brits invented manufacturing.

    To return to my main theme – the unions and the headlines asking “Unions, good or bad?” – I maintain that Seventies-style union behaviour leads to ruin. By contrast, Siggi, the convenor in Germany I mentioned, is in the 21st century. He challenges, he tests, he shakes the tree and negotiates, but he always persuades INEOS to invest. A good union is good for employers – and for employees.

    14 minutes read Issue 5
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    Challenging times

    Chemistry makes a world of difference to the world we live in. But can the European chemical industry, which directly contributes about €500 billion to the EU economy, convince its masters to listen to its concerns so that it can compete on the global stage? Only time will tell. But time is running out, as INEOS’ Tom Crotty explains.

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    Challenging Times

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    Europe’s status in the world is under threat. Its petrochemical industry, which directly contributes €500 billion to the EU economy, today faces great challenges from outside and within.

    But neither should be life-threatening if the European Union sees sense in time, says Tom Crotty, INEOS Group Director.

    “Europe has a very clear choice,” he said. “Between a vicious circle of decline or a virtuous circle of improvement.”

    Whichever choice it makes will be determined by two things: the EU’s environmental policies to decarbonize the planet and whether it exploits its own resources to bring down the spiraling cost of energy.

    “Those are the two biggest issues facing the European Union,” said Tom.

    Europe is now one of the most expensive places in the world to make petrochemicals. The Middle East is marginally still the cheapest place – but, thanks to its exploitation of shale gas, America is catching up.

    “The EU has got a problem in that two of the major trading blocks that surround it are accessing much cheaper energy,” said Tom.

    And it shows.

    In France, INEOS’ Olefins & Polymers business spends twice as much as America to produce a ton of ethylene.

    “The US business is our most profitable one and the European business scale-for-scale is probably our least profitable,” he said.

    Cefic, the Brussels-based Trade Association which is the voice of the chemical industry in Europe as a whole, believes the situation will get worse this year before it gets slightly better next year.

    “Cefic is forecasting modest growth of 1.5% next year,” said Tom, a Cefic board member. “It is modest growth, but it is real growth.”

    That growth will be driven by the production of high quality, innovative, high value, environmentally-sound products for markets that demand the best, not necessarily the cheapest.

    “If you are looking for a specific engineering plastic to make a key component for a brand new BMW, you are not going to go around and ask who’s cheapest, you are going to say: ‘Who’s best?’”

    That – so far – has safeguarded Europe’s chemical industry.

    “That is key to Europe’s future,” said Tom. “Without that protection Europe would be flooded by cheap chemical products.

    “But we must continue to make highly technical products that are difficult for competitors to copy.”

    One such product is made by INEOS. It specialises in making polymer that the French use for milk bottles. The plastic has to be able to stop chemicals seeping into the milk.

    “It is not something a big plant in the Middle East can copy or would want to copy because many of them are too big for that,” said Tom.

    But still, there is no margin for complacency.

    Cefic is currently urging the European Commission not to impose additional environmental regulations in isolation from the rest of the world.

    It warns if the EU pursues its 2050 environmental objectives and thereby drives up energy and carbon costs, it will undermine competitiveness and result in carbon leakage and a reduced level of investment in the European Union.

    “The EU needs to take stock of its environmental policy-making because increasing regulations are driving up prices and it’s having a huge impact,” said Tom.

    Cefic shares the European Commission’s objective to decarbonise the planet. What it does not agree on is how to achieve that.

    “Imposing environmental regulations, in isolation from the rest of the world, will cause European chemical production to cease because we won’t be able to afford it,” he said.

    “That won’t decarbonise the planet because those same products will still be used by Europe’s 350 million consumers. They will simply be imported from the likes of China where you’ll have the additional carbon from production and from transportation.

    “So you will have increased the amount of carbon and also lost jobs and wealth from the EU.

    “It makes more environmental and commercial sense to encourage European industries to do the right thing by using their technical expertise to create greener products,” he added.

    Tom said a ton of PVC currently made in China using energy generated from coal fired power stations, emitted seven times more CO2 than a ton of PVC made in the EU. And that was without taking into account the carbon needed to transport it.

    “It may be an extreme example,” he said. “But it is a real example.”

    So the question is: Is the EU listening?

    The European Commission’s Directorate-General Energy and Directorate-General Enterprise are, says Tom. But he’s not so sure about the Directorate- General Environment, which imposes the regulations.

    “Their message is that the EU must set an example to the world,” said Tom. “But the reality is the rest of the world is not following. Europe is running in front and the Americans are saying ‘See you later. We are not going to screw up our industry or our economy’.”

    Tom said carbon taxes would work only if they were imposed globally.

    “It’s right that the best way to encourage companies to do something different is to make what they do now too expensive, and that is what carbon tax does,” said Tom.

    “But everybody must do it.

    “If a tax on carbon is introduced in the EU alone, then nobody upon nobody will run their industrial operations in Europe. They will operate in China, the Middle East or America.”

    Cefic believes 9% growth is already needed just to bring European production back to where it was before the 2008-2009 downturn, which saw one of INEOS’ major competitors go bust.

    “We bounced back from the downturn because our reliance on the car and construction industries was much less than our competitors,” said Tom. “For us it was really painful but it wasn’t terminal.”

    Aside from the threat of carbon taxes, though, the chemical industry is also dismayed at the EU’s reluctance to unlock the natural gas trapped in shale rock and, in turn, help to lower production costs of energy for the industry and consumers in general.

    “You can keep driving down your own costs but you can only go so far and that’s when you get into the energy policy issue,” said Tom.

    “I know I sound like a broken record but it’s a huge issue for us.”

    INEOS’ ChlorVinyls plant in Runcorn in the North of England currently uses as much power as the neighbouring city of Liverpool.

    Cefic believes the European chemicals sector, which employs 1.2 million, will face tough competition again next year as it battles for growth from US producers who are benefiting from cheap energy and feedstock thanks to shale gas exploitation in America.

    So far, the UK is European Union’s best hope for cheaper energy.

    “There is no point in looking anywhere else in Europe at the moment because the opposition is too high,” said Tom.

    Despite protests in the UK – such as happened in July at Balcombe, West Sussex – the British Government does support the search for shale gas, and has promised to hand control over important, complex, technical planning issues to the Department for Environment, Food and Rural Affairs (Defra) and the Environment Agency (EA) instead of local councilors.

    Cuadrilla is one of a dozen UK companies, which have licenses to drill for shale gas.

    INEOS – with a cracker at Grangemouth in Scotland that needs to find a long-term source of ethane gas to run it – is in talks with all of them.

    “Clearly we would get involved because we are a customer,” said Tom. “But the question is: Do we want to get even more involved?”

    “What we do know is that the North Sea ethane gas is virtually gone now and unless we find another source of gas we will be struggling to run the Grangemouth cracker after 2017,” said Tom.

    In October INEOS announced it planned to invest £300 million in a terminal at Grangemouth so it can import cheaper liquefied gas from America, after staff agreed to support the site’s Survival Plan.

    The Scottish Government has also indicated that it will provide a £9 million grant to help finance the terminal and the UK Government has given its pre-qualification approval for a £125 million loan guarantee facility, even if Scotland does vote to sever its 306-year-old ties with England in next year’s independence referendum.

    “We need all their support,” said Tom.

    Cracks start to appear in Europe

    America’s ability to produce chemicals cheaply is already having a huge knock-on effect.

    Worst affected is Europe’s chemical industry that uses mostly crude oil to produce the same products.

    In a report published by KPMG in October 2012, Mike Shannon, global head of chemicals and performance technologies, forecast that it might cause some economic disruption.

    “It may cause the shutdown of less lucrative assets – and possible countries blocking the flow of US exports to protect local production.”

    Arguably it has already started in Europe, which is now one of the most expensive places in the world to manufacture petrochemicals.

    In September, Total announced it planned to shut down a loss-making steam cracker in Carling, France. The naphtha cracker, which uses crude oil to make chemicals and has been struggling for the past five years, will close in 2015.

    It will come as no surprise to KPMG, which, in 2009, forecast that 14 of the 43 crackers in Europe would become uneconomical by 2015 due to stiff competition from the Middle East, Asia and America.

    Meanwhile, in America, with low-cost and abundant ethylene coupled with a slowdown in the growth of domestic demand, US companies are looking for expansion opportunities.

    The US is already a net exporter of ethylene derivatives and the volume is expected to increase significantly.

    18 minutes read Issue 5
  • united-front-banner.jpg

    United Front

    With Europe facing pressure from outside and within, it has never been more important for management and unions to work together to find solutions. INCH spoke to union representatives from Norway, Italy and Germany about what they believed INEOS needed to do to remain competitive and how they could help.

    They say marriages are made in heaven.

    That may well be the case for the defence. But anyone who is married knows they can also be fraught with difficulties.

    The key to survival is openness, honesty and fairness. Thomas Meiers, the union representative at INEOS Köln, says openness, honesty and fairness are equally as important in business too.

    “We work closely with INEOS and that’s a good thing,” he said.

    He said discussions were often intense but that was something INEOS actively encouraged.

    “Sometimes the discussions between us can get heated, but because we are allowed to be open, all of us can spot any potentially dangerous situations and deal with those potential problems at a very early stage,” he said.

    Those frank, on-going discussions, he said, meant the union and management could thrash out the best way to approach a particular issue, and find a solution that satisfied all.

    “Usually the outcome ensures both further economic successes and competitiveness for the company as well as decent working conditions and welfare for the workforce,” he said.

    And it seems to be working.

    The Köln site of INEOS Olefins & Polymers is one of the most profitable in Europe.

    Thomas believes that INEOS’ flat management structure, the way it conducts its business and the fact that staff identify with the company and its aims, have all contributed to that.

    “Our approach to industrial relations at INEOS is so unique,” he said. “It’s also what makes us sustainable and successful.”

    Working together towards a common goal is also what motivates Wenche Jansen Tveitan, the union representative at INEOS’ Olefins & Polymers plant in Norway.

    “Any workplace needs to have the staff on board if it wants to remain competitive,” she said.

    “And an open relationship, built on trust, is built through openness.”

    She said regular informal contact between the union reps and management had been the key to building that trust.

    “Any difference of opinion is brought to the table as soon as possible and not left until the next works’ council meeting,” she said.

    Management, she said, also used the union as a sounding board.

    “When that happens, the employees can play an active part and contribute to even better solutions in the end,” she said.

    That kind of approach is critical, especially in today’s fast-paced, ever-changing and competitive world. Many petrochemical companies are currently investing most of their money in the US rather than Europe because of America’s access to cheap feedstock and energy.

    With Europe now one of the most expensive places in the world to manufacture petrochemicals, Wenche believes the union can directly – and indirectly – ensure INEOS remains competitive.

    She said that was especially important in Norway where the cost of living is high.

    “Our site depends on good performance – all the time,” she said.

    “We do that by showing our investing in our site yields a good profit.”

    Wenche said the union was equally as concerned as management about energy prices and taxes – and had often lobbied the government and organisations to try to influence policies that might affect the smooth running of INEOS’ O&P site in Rafnes.

    The co-operation between management and unions is of great importance in this regard,” she said. “Together we’re stronger.”

    Wenche said the union had recently played an important role in setting up meetings with politicians.

    “We work constantly to show what challenges the land-based industry is facing and what should be done to solve these,” she said.

    “Together we have managed to get some tax relief and advantageous energy agreements which have improved our competitiveness.”

    She said the union had also played an important part when both the Prime Minister, Minister of Finance and leader of the Standing Committee on Business and Industry visited Noretyl/O&P in Norway.

    Tom Crotty, INEOS Group director said it was important for the unions to be working on solutions with management.

    “The relationship with the unions in Köln and Rafnes is fantastic,” he said.

    “They want to understand the business’ targets and they want to help both indirectly and directly.

    “They are quite prepared to talk about whether practices need to be changed but also indirectly in how they can put pressure on government and assist you.”

    Italy’s union representatives expressed similar views to their colleagues in Norway and Germany.

    “Close dialog and co-operation between the company and us is very important,” said Stefano Santini, union representative at INEOS’ O&P site in Rosignano, Italy.

    “Over the years we have, together, built up a mutual confidence and trust due to the various commitments taken and then honoured.”

    In September Total announced it was planning to shut down a loss-making steam cracker in Carling, France.

    Patrick Pouyanné, President Refining & Chemicals and member of the Executive Committee of Total, blamed growing international competition.

    “The European petrochemicals market is facing continued overcapacity,” he said.

    The cracker, which refines crude oil into chemical components to make plastics, is due to close in 2015.

    The announcement has worried INEOS staff at Rosignano.

    “The fear here is that this closure could potentially hit also the personnel working in the site of Saralbe,” said Stefano.

    He is worried – as are many – about the spiralling cost of energy and feedstock in Europe.

    “We need to work on the energy saving, especially reducing the energy waste by using equipment with low energy consumption,” he said.

    “We also need to review the energy contracts, and try to produce energy ourselves for the site, and invest in alternative energy sources like the ones coming from use of biomasses.”

    He said, from a union perspective, INEOS needed to invest in research to develop innovative products, which demanded technical and structural expertise.

    “We could also invest in finding easier ways to access raw materials,” he said

    Five things that will help the European chemical industry remain competitive:

    1. Cheaper energy:
      A policy shift towards reducing EU energy costs is seen as vital to drive innovation and investment, create jobs and growth and ultimately help to cut greenhouse gases.

    2. Better regulation:
      The EU’s chemical legislation, Reach, is already viewed as one of the most burdensome pieces of legislation in Europe. The chemical industry has so far complied with it and registered all chemical substances that are manufactured or imported in quantities of more than 100 tons per year. But there is more to come. Under ‘phase 3’ companies, which produce one to 100 tons per year, must register those substances. That will affect nearly every chemical company in the EU and all their customers.

    3. A Transatlantic Trade & Investment Partnership:
      The proposed TTIP would see import duties scrapped on the €48 billion worth of chemicals traded in 2012 between America and Europe. Cefic would like to see all chemical tariffs eliminated, and hopes the negotiations, which are expected to be finalised in two years, will lead to greater regulatory transparency and co-operation.

    4. Retention of Key Enabling Technologies:
      KETs, as they are known, are seen as critical to re-energise the EU economy. At the moment, although Europe is a global leader in KETs research and development – with a global share in patent applications of more than 30% – it is not translating that research into the production of processes and products needed to stimulate growth and jobs.

    5. Protection of its trade secrets:
      The European Commission is being urged to ensure adequate systems are in place to ensure European innovation know-how is protected. Moving breakthrough ideas to market are viewed as the best way for EU industry to stay ahead in an increasingly competitive global race.

    12 minutes read Issue 5
  • east-looks-west-banner.jpg

    East looks to the west

    China is entering a new and an exciting phase. It needs to continue to provide the chemical raw materials to help deliver growth and it needs to tackle the pollution that is choking its cities, by cutting its CO2 emissions. It cannot do it alone. It needs help from innovative, energy-efficient companies that have the technical expertise together with proven safety records. Companies like INEOS.

    The Chinese dragon – long seen as a symbol of power, strength and good fortune – has so far served its leaders well.

    It has witnessed the meteoric rise of China from a small, emerging market into the second biggest economy in the world – and it is even now snapping at America’s heels.

    But that unprecedented, rapid growth, driven largely by exports and heavy manufacturing, has come at a huge cost to the environment, with China now emitting more CO2 gases than any other country in the world.

    The world’s perception is that China cares little for the environment.

    But China’s leaders are no longer willing to accept that.

    Their latest Five-Year Plan marks a dramatic turning point in their thinking.

    For years, China has been focused on exports. Now it is looking closer to home.

    Chinese Business are being actively encouraged to form partnerships with Western companies to help them improve energy efficiency and achieve growth, detailed in the plan.

    “The seeds were sown in that Five-Year Plan,” said Rob Nevin, CEO of INEOS Nitriles. “The door is open for business.”

    Earlier this year China formed joint ventures with two of INEOS’ world leading businesses. INEOS Nitriles and INEOS Phenol – to build the largest phenol facility in China and a world-scale acrylonitrile plant to satisfy the growing domestic demand for their petrochemical products.

    “It’s incredibly exciting,” said Rob. “China is the engine room for petrochemicals and chemicals in terms of demand. And it is the engine that will pull the world.

    “For INEOS it is an opportunity for us to operate in the largest market in the world.

    “We wanted to expand and INEOS’ market position and technological know-how meant we were the ideal choice.”

    China was often referred to as a second planet earth.

    “You have to go there to appreciate the scale of the place,” he said. “I have lived in the US but China is like nowhere else in the world.”

    INEOS Phenol is the world’s largest manufacturer of phenol and acetone. China is the world’s fastest growing market for both chemicals, which are used to produce polycarbonate, plastics, phenolic resins, synthetic fibres, such as nylon, and solvents.

    INEOS Nitriles is the world’s largest producer of acrylonitrile, which is the key ingredient to make carbon fibre, and China cannot get enough of it.

    Once both facilities are operational, INEOS Nitriles will be the only producer to have plants in each of the world’s largest acrylonitrile markets and INEOS Phenol will be the only company to be producing acetone and phenol in Europe, America and Asia.

    “It is the leading global producers in the world entering the largest global market,” said Rob. “It’s the perfect marriage.”

    INEOS Phenol’s joint venture with Sinopec Yangzi Petrochemical Company will lead to the creation of a 1.2 million ton cumene, phenol and acetone complex at Nanjing Chemical Industrial Park in Jiangsu Province.

    The plant, which will be capable of producing at least 400,000 tons of phenol and 250,000 tons of acetone every year, is due to start satisfying China’s needs by the end of 2016. The new plant will also allow INEOS’ European and US plants to focus on growth in their own markets.

    “This mutually beneficial partnership is an important development for INEOS Phenol and for INEOS in China,” said Harry Deans, CEO of INEOS Phenol. “It’s also the largest capital investment ever undertaken by INEOS.

    “Combining a strong, local partner like Sinopec YPC with our leading phenol technology and access to the market brings considerable value to our business and our customers.”

    INEOS Nitriles has gone into business with state-owned Tianjin Bohai Chemical Industry Group Corporation.

    Together they plan to build and operate a world-scale acrylonitrile plant in Tianjin, which will be designed using the latest INEOS process and catalyst technology.

    “We have not started building yet because we haven’t finalised the details, but we have aspirations,” said Rob.

    “We are widely viewed as the industry safety leader and we intend to bring our very high standards to China.

    “Safety performance is not great in China but they hope to learn from the way we do things, both in terms of personal safety and our processes. They want high Western standards.”

    Joint ventures of this type and scale with foreign companies are what China’s leaders want to help it tackle the problems of the past and create a more sustainable economy.

    Their clear, long-term vision to shift to a highly-efficient, low carbon economy – using advanced, manufacturing technology – is laid out in the China State Council’s 12th Five-Year Plan.

    Under the plan, China’s leaders promise to:

    • Set new limits on energy consumption

    • Clamp down on companies and industries that consume a lot of energy but produce very little

    • Cut carbon emissions by up to 45% by the year 2020

    • Reduce China’s reliance on fossil fuels, especially coal

    • Invest in energy-saving technology, and

    • Tackle pollution

    • It’s a challenge but China’s leaders believe it is achievable.

    Rob, who worked for BP for 25 years, said the speed at which INEOS worked also appealed to the Chinese.

    “INEOS is a slim, slick and easy company to work with and it’s made a massive difference,” he said. “The contrast between BP and INEOS, in terms of getting something approved, is like night and day.”

    He said once INEOS Nitriles had agreed on the right project, the right structure and the right location, the proposal was put to chairman Jim Ratcliffe who approved it.

    “Sometimes things can be approved at a frightening speed,” said Rob who has worked for INEOS for eight years. “But then you have to deliver.”

    That said, though, Rob explained that the Chinese approval processes had got more and more difficult over the years.

    “Ten years ago you could have started building anywhere and faced a fine,” he said. “If you ignored that today, construction can be stopped. Today there is an unprecedented level of care and diligence for the environment and its people.”

    And that, he said, was understandable.

    “Pollution in China is something that touches people’s lives,” he said. “In the major cities people wear face masks because it can be so bad.”

    Air pollution is now the biggest cause of civil unrest in China, with The World Bank estimating that 16 of the world’s 20 most polluted cities are within China’s borders.

    The Chinese Society for Environmental Sciences said the number of protests over pollution in China had increased by about 29% every year since 1966.

    “In 2011, the number of major environmental incidents, though, actually rose 120%,” said the society’s vice-chairman Yang Zhaofei.

    In September, the authorities in Beijing unveiled their own five-point plan to tackle pollution in the capital.

    “What’s new about this is the level of real determination and the level of detail,” said Alvin Lin, China Climate and Energy Policy Director with the Natural Resources Defense Council in Beijing. “There is a new resolve to do something serious about air pollution.”

    The World Resources Institute said China and the US were currently to blame for 43% of global emissions.

    China’s problem is that it relies so heavily on coal.

    “Coal provides China with 70% of its energy and nearly 80% of its electricity,” said Luke Schoen, who wrote a report for The World Resources Institute.

    Although it has vast domestic coal and gas resources, it has problems accessing it, so it increasingly relies on foreign imports. Its oil comes from the Middle East and Africa, its coal from Australia and Indonesia and its gas from Central Asia and Australia.

    “China’s leaders acknowledge that the country’s dependence on carbon for energy is a problem,” said Luke. “And that growing dependency on foreign energy is a strategic concern among China’s leaders.”

    China has discovered huge areas of shale gas but – unlike USA – it does not yet have the breakthrough technology to access it.

    In the meantime, China’s leaders are concentrating on maintaining growth whilst developing policies to cut carbon emissions and deploy more clean energy.

    “China actually already invests more in renewables than any other nation,” said Luke.

    In 2011 it invested $52 billion in renewable energy resources which rose to $67.7 billion last year, 50% more than the US.

    While other nations may view clean energy as a costly drag on economic growth, China does not.

    It believes its latest policies will help it to maintain its position as a major global player while tackling climate change – something that it believes poses a significant threat to its long-term prosperity.

    “By its own estimates, China ascribed $50 billion in direct economic losses to natural disasters in 2011,” said Luke.

    “And one independent study estimated that that figure could increase to nearly $748 billion per year by 2030 if no action is taken.”

    12 minutes read Issue 5
  • go-run-for-fun-banner1.jpg

    Kids switch off and get switched on…

    INEOS has never been one to run from a challenge. This one is no different. It wants to get kids running again and has launched a bold, new initiative that is doing just that.

    INEOS is hoping to inspire thousands of children to give the TV, the Internet, and video games a rest, and go out and have some fun.

    Chairman Jim Ratcliffe has turned his own passion for running into an initiative, which could, in turn, help to tackle one of the most serious global public health challenges facing the 21st century – child obesity.

    “It’s not rocket science,” he said. “We just want to get children out of the house.

    “Running is the basis of so many great sports so if our children catch the running bug early, they are more likely to stick to it. And that can only lead to them enjoying a more active and healthier lifestyle.”

    The first Go Run For Fun event – and it is one of scores planned throughout the UK – saw hundreds of children taking part in a mile-long run. And by the time you read this more than 10,000 children will have taken part.

    Former British hurdler Colin Jackson, an Olympic silver medalist, was in Newbury, London, to see them off.

    “Running is simple and kids do it naturally anyway so this is a great way for them to have fun with their mates,” he said.

    To ensure the campaign’s long-term success, though, INEOS is working with the people behind the iconic Great North Run to stage a series of small and large running events for children aged four to 11 all over the UK.

    By 2014, it is hoped more than 30,000 children will have taken part in one of the 70 planned Go Run For Fun events, rising to 50,000 – and 100 events – by 2016.

    “If this comes off – and I have no doubt that it will – it will be the biggest kids’ running initiative in the world,” said Brendan Foster, a former British Olympic long-distance runner who founded the BUPA Great North Run. “It’s also a fantastic legacy from London’s Olympic Games.”

    The role of Brendan and his team at Nova International will be contact Schools and Local Authorities to encourage children to take part in each event.

    “You cannot have a Great North Run without people so people will make this happen,” he said. “They will be the essential ingredient to the event’s longevity.”

    Initially, Brendan believes the INEOS fun runs will attract mostly kids who already enjoy running, and whose parents understand the mind, body and soul benefits of running – rather than those who class running as a chore.

    “We need to target the parents but where parents are difficult, it will be difficult to get those children involved initially,” he said.

    “That’s why we need to make the events appealing and inspire those who do take part.

    “Those kids will then inspire other kids to get involved. And parents will inspire other parents.”

    So why has this not been done before?

    “Good question,” said Brendan. “But who knows?

    “All I know is that we run the largest mass participation event in the UK and are happy encouraging people to participate,” he said.

    He said it was a combination of the right circumstances – Britain is still on a high after staging last year’s successful Olympic Games – and three like-minded people who wanted to make a difference.

    Those three people – Jim Ratcliffe, Brendan and Olympic gold medalist Sebastian Coe – met in London earlier this year.

    “It was INEOS’ inspiration, Jim’s idea,” said Brendan. “He had a very clear idea of what he wanted to happen and when.

    “It was a typically bold move. But Jim’s right and his approach is admirable.”

    Brendan said he was also delighted that the initiative had come, not from the government but, from the UK’s largest privately-owned manufacturing company.

    Video

    Run for fun

    00:00

    The campaign is being launched in the UK, which has one of the highest rates of childhood obesity in Europe, but it has been designed so that it can easily be rolled out across Europe and America.

    “We will have events in Switzerland, France Germany, Belgium and the US but the main focus is the UK at the moment where kids are less active,” said Jim.

    That sedentary lifestyle – coupled with eating too many fatty, sugary foods – has led to a huge increase in the number of children in the UK with obesity.

    But the UK is not alone. The World Health Organization said child obesity was now so widespread that it regarded it as one of the most serious global public health challenges facing the 21st century.

    “Our key objective is simply to inspire children to be active,” said Jim.

    “Young children like to run around. It’s in their DNA. But so often children are told to slow down and sit still. This campaign is about encouraging children to run again.”

    Many of the runs will be timed to coincide with existing major running events, such as the Great North Run, to allow children to experience the thrill of taking part in a mass participation event.

    The Great North Run, which was founded in 1981, is now the world’s largest and most popular half marathon for adults attracted over 55,000 entrants this year. Along side this; a record 6,000 children entered the 4km Junior Great North Run.

    Brendan and his team are excited at what can be achieved through INEOS’ Go Run For Fun events.

    “It is such a fantastic initiative because it’s all about young kids simply having fun outside and enjoying running,” he said.

    “It’s not difficult. We are not trying to put a man on the Moon. We are just trying to get as many kids running for fun as possible.

    “It can be a competition for those who want it to be, but the objective is to encourage kids to run for fun.

    “If they go for a run and enjoy it, they might then want to get more involved in the competitive stuff. And they will be the future Great North and London Marathon runners and you can bet that at least one of those 50,000 kids will be at the Olympics.”

    For INEOS, the rewards will come in seeing young children enjoying sport.

    “Go Run for Fun really does have just one aim,” said Jim. “And that’s to get kids running.

    “There isn’t really a link to our business apart from the fact that we are making the investment to get this program up and running.

    “We don’t have public shareholders to influence or products that consumers can buy. This is just about getting kids running and having fun.”

    For more information or if you would like to plan an event visit: www.gorunforfun.com

    12 minutes read Issue 5
  • best-way-to-feel-better-banner.jpg

    Best way to feel miles better

    Running is one of the best ways to improve the mind, body and soul.

    It’s also easy.

    “You don’t need any equipment and you can do it anywhere,” said Dr Fred Wadsworth, a medical director at Corperformance, which has worked closely with INEOS in the past.

    He said the medical profession was finally realising that running was not just about burning calories.

    “There are lots of studies now which show that running is as useful as taking anti-depressants for moderate depression,” he said.

    One of the biggest misconceptions is that running damages your joints.

    “If you are fit and well, it actually protects you from arthritis,” said Fred.

    “The problems arise when you have existing injuries. The best thing you can do is make sure you don’t get overweight.”

    Fred said running was the best – and quickest – way to get fit.

    He went on to praise INEOS’ Go Run For Fun initiative to get Britain’s kids running again.

    “It’s a no brainer but governments haven’t set up a campaign like this so it’s down to companies like INEOS to act,” he said.

    But he believed the key to its long-term success would be to inspire parents.

    “The most powerful influence in a child’s life is what his or her parents do,” he said. “They copy what they see.

    “And they are unlikely to get involved if a parent says: ‘What are you doing that for?’”

    INEOS is hoping that those, who do get involved, will become keen runners and enjoy a healthier lifestyle.

    For the long-term benefits of running are now well researched and well documented.

    Running gives your heart and lungs a workout, it improves circulation and reduces the risk of a heart attack, high blood pressure and stroke.

    It also relieves stress, improves endurance, boosts your immune system, increases energy and helps you to maintain a healthy body weight.

    Studies have further shown that healthy adults who exercise regularly are generally happier than those who don’t, they sleep better and their brains are sharper.

    Video

    Best way to feel miles better

    00:00

    5 minutes read Issue 5
  • debate-banner.jpg

    Debate: Is Competition good for kids?

    Is competition a good, or a bad, thing f or children? It’s a subject that has divided opinion for years. Some argue that it encourages a child to excel in today’s fiercely competitive world where we compete for everything be it a job, a partner or a house. Others say it can destroy self-esteem and lead to resentment. Whatever your view, the jury’s still out. We sought a few words of wisdom from those who have had something to say on the subject …

    Bad: 

    1. Most of us were raised to believe that without competition we would all become fat, lazy, and mediocre. And I used to think that competition could be healthy and fun if we kept it in perspective. But there is no such thing as ‘healthy’ competition. In a competitive culture, a child is told that it isn’t enough to be good. He must triumph over others. But the more he competes, the more he needs to compete to feel good about himself. But winning doesn’t build character; it just lets a child gloat temporarily. By definition, not everyone can win a contest. If one child wins, another cannot. Competition leads children to envy winners, to dismiss losers. Co-operation, on the other hand, is marvelously successful at helping children to communicate effectively, to trust in others and to accept those who are different from themselves. Children feel better about themselves when they work with others instead of against them, and their self-esteem doesn’t depend on winning a spelling test or a Little League game.
      American Alfie Kohn, author of No Contest:The Case Against Competition

    2. Sports’ competitions are bad for children if those taking part are expected to achieve more than they are capable of. We realised this and, as such, have changed the emphasis in club athletics nationally. New disciplines in the field of kids’ athletics have been designed that are especially adapted for children aged between 6 and 11. Priority is given to team competition with children taking part in a great variety of disciplines. All the children wishing to take part are allowed to do so and they all proudly go home after a formal ceremony equipped with a written document attesting their participation. Athletics competitions have always been popular with children. Children feel the need to compare their strength and skills to others. Since the beginning of this year we have strengthened that innate motivation by offering children new forms of competitions and disciplines that are even more attractive now, more challenging and thrilling.
      David Deister, project manager, German Athletics Federation

    3. Competition has been shown to be useful up to a certain point and no further, but co-operation, which is the thing we must strive for today, begins where competition leaves off.
      The late Franklin D. Roosevelt, former President of the United States

    4. There are enough opportunities in life for children to have a disappointment and to learn to handle that. At our school we are helping them to get ready for all stages of life. We don’t need them to be losing while they’re children in our school.
      Elizabeth Morley, Principal of the Institute of Child Study Laboratory School, Toronto, Canada

    Good:

    1. Healthy competition inspires kids to do their best – not just good enough. When students compete they will become more inquisitive, research independently, and learn to work with others. They will strive to do more than is required. These abilities prepare children for future situations of all kinds. Whether it’s applying to college, seeking a promotion, or finding a cure for cancer, the ability to be competitive will give them an important edge.
      Jennifer Veale, founder and executive director of TrueCompetition.org

    2. Competition can be a double-edged sword for kids, promoting positive values under the right conditions but creating negative environments that are demotivating under the wrong ones. Competition can be healthy when it provides feedback to kids about their performance and improvement, when winning is not the sole or primary objective, and when kids get to learn about themselves under challenging situations. Under these circumstances, competition can teach invaluable lessons our children do not typically learn in the classroom. Unfortunately, the frequent win-at-all costs mentality associated with many competitive endeavors can undermine children’s motivation and lead them to avoid or even disengage from activities they may otherwise enjoy. It is critical that coaches, educators, and parents work to teach kids these valuable lessons from competition. That way, win or lose, our children will learn, grow, and be better prepared for life, which (like competition) provides highlights, adversity, and continual opportunities to play well with others and treat opponents with dignity and respect.
      John Tauer, Men’s Head Basketball Coach, Professor of Psychology, University of St Thomas, Minnesota

    3. Competition is good for children. It is quite normal for people to judge themselves against others, thus in that respect competition is quite healthy. In a supportive environment it can teach a child to accept failure without losing self-esteem. However, it becomes unhealthy when the competitor is forced to compete or feels that they have to compete in order to gain love or status within the family.
      Lyn Kendall, Gifted Child Consultant for British Mensa

    4. Our national preoccupation with ‘safety first’ and prevailing climate of risk aversion is creating a generation of children who are ill prepared for a world that requires risk taking on a daily basis. Competition teaches critical thinking, decision-making and problem solving. Without those skills countries can’t compete in a global economy. Other proponents of competition in North America claim that competition enhances learning, physical fitness and deters juvenile delinquency.
      Sir Digby Jones, former UK Government Minister of State for UK Trade & Investment

    5. We need to end the ‘all must have prizes’ culture and get children playing and enjoying competitive sports from a young age, linking them up with sports clubs so they can pursue their dreams. That’s why the new UK national curriculum now includes a requirement for primary schools to provide competitive sport.
      UK Prime Minister David Cameron

    6 minutes read Issue 5
  • life-saver-banner.jpg

    The life-saver

    INEOS is obsessive when it comes to safety. But when you work in a high-risk environment, you cannot afford to be complacent. Safety runs through the very heart of all that INEOS does. But INEOS-owned Norward AS exists for one reason alone. And that’s to save lives, as Øyvind Klæboe knows only too well.

    In August 2003 an Indian helicopter ferrying 25 offshore rig workers nose-dived into the sea, its blades still spinning.

    The crew, still strapped in their seats, died as the helicopter sank in seconds. Only two passengers survived. They escaped by swimming out of the rear clamshell doors, and were rescued.

    Both of them were also the only two to have undergone helicopter underwater escape training (HUET).

    Tragedies like that remind Øyvind Klæboe why the work his team at INEOS-owned Norward AS in Norway matters. They have been teaching offshore workers how to escape in the event of a helicopter ditching in the sea for the past seven years. 

    Video

    The life-saver

    00:00

    “There is absolutely no doubt about the value of HUET,” he said. “Can it mean the difference between life and death? Absolutely.

    “You literally have seconds to decide what to do in the event of a crash and, with training, you would have a much greater chance of survival.”

    Mechanical failure, pilot error and bad weather can all cause a helicopter to crash.

    A helicopter can fall out of the sky like a stone, spin horribly out of control or actually land quite gently.

    Whatever happens, the key to survival is to get out as quickly as possible. 

    “You don’t know how long you have got before a helicopter turns over and sinks so your first priority is to get out of the chopper,” he said. “But then you can face a whole host of other challenges.”

    Those ‘other challenges’ can include adverse weather conditions, icy cold waters, rough seas, poor visibility, fire or petrol in the water.

    “You cannot say for certain what you will face but the course teaches people to be prepared for that uncertainty,” he said.

    It also gives them the confidence to face the unimaginable and stay calm.

    At Norward, instructors use a mock helicopter in a pool to demonstrate what will happen when a helicopter ditches in the sea and then, in all likelihood due to the fact that helicopters are top heavy, flips over.

    A wave machine, wind generator and lighting are all used to create different scenarios.

    “Basically we are able to recreate different situations under very controlled conditions,” said Øyvind.

    Helicopter crashes are thankfully rare but since 2006 all offshore personnel have to undergo HUET by law.

    “No one today can go off-shore without a ‘green card’. That means that HUET is mandatory to all employees and visitors,” said Øyvind. “In fact anyone who flies to an off-shore installation must have undergone the basic training.”

    During the eight-hour HUET course at Norward, workers are taught how to cope with both the physical and psychological stress of ditching in the sea.

    It’s the type of training that Øyvind hopes they will never need, but knows that, if they do need it, it will be the most important training they have ever had.

    INEOS acquired the Norward training facility when it bought Norway’s Norsk Hydro ASA’s polymers business in 2007.

    By then it had been transformed from a simple, in-house emergency response centre, affiliated to Norsk, into a successful business – with a five million Euro turnover – offering training to outside companies and members of the public.

    “Step by step Norward took up new challenges,” said Øyvind. “We ended up developing our own employees, improved in-house competence and penetrated new markets.

    “We now serve customers from the private market all over Norway.”

    One of their biggest customers is Statoil, which this year asked Norward to launch a new course to help its offshore workers learn how – among other things – to help a helicopter pilot land safely on an oil rig, and what to do in the event of an accident.

    Apart from the standard fire-fighting course modules, and first aid, Øyvind’s team also offers training in industrial safety, and how to tackle gas and chemical leaks.

    “Courses like these have industrial clients from all over Norway and Norward is one of the best suppliers,” said Øyvind.

    For more information visit: http://norward.no/

    14 minutes read Issue 5
  • who-dares-wins-banner.jpg

    Who dares, wins

    This year is the 60th anniversary of the first ascent of Mount Everest by Edmund Hillary and Sherpa Tenzing Norgay in 1953. In 1998, a 12-year-old Scout was listening to a talk about Everest. That boy was Rhys Jones who went on to climb Everest on his 20th birthday and, in doing so, set a record as the youngest person to scale the highest mountains in the world’s seven continents.

    Mount Everest is not for the faint-hearted.

    It is a hostile, unforgiving place. A place where, five miles up, death lives in the faces of frozen corpses that litter the route to the top.

    Apart from the lack of oxygen – high altitude can strip you of your senses – avalanches, rockslides, hurricane-force winds, shifting glaciers, blizzards, frostbite, pneumonia, exhaustion and freezing temperatures await climbers in the ‘death zone’.

    “It’s called the death zone and it’s even less fun than it sounds,” said climber Rhys Jones. “Taking the endless steps upwards in thin air is like swimming in glue. There’s ice inside the tents. It’s miserable. You have no appetite, you cannot rest properly and it’s brutally cold.”

    But he who dares, wins. And for Rhys, who had dreamed about climbing to the top of the world’s highest mountain since he was 12, all the pain would be worth those five minutes he would spend on the 29,035ft (8,850m) summit.

    “I heard a talk about Mount Everest when I was a Scout,” he said. “I didn’t really know anything about mountains until then. But I just decided I wanted to climb Everest one day and the rest of what happened was a result of working towards that goal.”

    The goal was not only to conquer Everest, but to become the youngest person to complete the Seven Summits Challenge by climbing the highest mountains in each of the world’s seven continents.

    Mount Everest would be the last of the seven, but first he needed to raise £30,000.

    “I had sent literally hundreds of letters to potential sponsors but had very little luck,” he said. “But then INEOS stepped in which effectively guaranteed I could do the climb.”

    INEOS chairman Jim Ratcliffe agreed to meet Rhys to discuss the planned expedition.

    “I had no idea what to expect when I met him,” said Rhys. “I remember turning up in my beaten up hatchback and wearing a suit. He was wearing jeans and a T-shirt.”

    The two chatted for an hour.

    “I got the impression nothing is lost on him and he seemed very engaged the whole time we were talking, which was impressive considering how much was probably going on,” said Rhys.

    “It was also a sign that he had good people working for him in that he could spend a big chunk of the day talking to me.”

    The face-to-face meeting resulted in a £30,000 sponsorship deal with INEOS.

    “It was a game changer,” said Rhys.

    With the money in his pocket – and an INEOS flag to plant at the summit – Rhys could now concentrate on the journey that lay ahead.

    In May 2006, Rhys, three other climbers, two guides and five Sherpas left Everest Base Camp.

    “We were the first team of the year to go for the summit so we had to fix rope all the way and break trail in the snow which was a test of character,” he said.

    “To this very day, that experience provides me with good perspective on what is difficult or not.”

    Fear, though, was something the team left behind.

    “To be successful, you can’t afford to have demons,” said Rhys.

    “Of course I had worries. There were some very close calls. I was nearly taken out twice by an avalanche. People do die on Everest, but I remember being very objective about it, and only scoring things as hit or miss. So long as they were all ‘misses’, I’d continue.

    “I just hoped I’d be lucky with the weather and not end up in the wrong place at the wrong time.”

    Had his carefully laid-out plans unraveled – and on Everest, they can unravel at breathtakingly terrifying speeds – Rhys would have turned back. No matter how close he was to the summit.

    “No mountain is worth my fingers or toes or my life,” he said. “I’d just go back again. The mountain isn’t going anywhere. Everest, sadly, seems to encourage intelligent people to take stupid risks.”

    Everest has so far claimed more than 200 lives and about 150 bodies have never been recovered.

    “You need an overriding mental toughness to climb Everest that stops you from ever turning around unless it’s too dangerous,” he said.

    “If it’s not, you just have to dig in and get on with it.”

    Rhys reached the summit, which was shrouded in cloud on May 17 2006 at 3pm after a final 16-hour climb.

    The relief was immense.

    “I was monumentally relieved to reach the top but I was also acutely aware of the fact that it was late and I had a very long descent ahead of me,” he said.

    “I just unrolled the INEOS flag, took off my oxygen mask, had a few photographs taken, said ‘thank god for that’ and went down.”

    Today Rhys runs his own business, RJ7 Expeditions, a company that operates from offices in four continents, helping others to plan trips of a lifetime.

    “It’s not in the same league as INEOS but we are growing aggressively,” he said with a smile.

    Lessons learned from climbing have helped him to shape the business.

    “There’s a lot of synergy between the two,” he said. “Managing a team in a high risk environment, achieving goals and being ambitious apply equally to both.”

    His also views risks in life as necessary.

    “A degree of risk is usually the key to achieving something,” he said.

    “The risks I take climbing are still sometimes a matter of life or death, the risks I take in business may be more financial. But I treat them both in a similar way, and focus on the facts, the likelihoods, the outcomes and then make a judgement.”

    He believes many businesses fail today due to poor management and lack of focus.

    “A poorly motivated team is a huge money pit yet it can cost relatively little to remedy,” he said.

    “A lack of clear focus is also a trap, as many companies try to grab what they can in the current climate, instead of sticking to what they’re good at.”

    Rhys is – and will always be – driven by his passion.

    “In all the years I have been climbing, I have never felt like I’ve conquered a mountain,” he said. “I just feel lucky to have enjoyed the climb and been able to stand on the summit for a few moments.”

    10 minutes read Issue 5
  • all-power-switz-banner.jpg

    All power to Switzerland

    The world needs chemistry now more than ever. Far from being a drain on society, the chemical industry is best placed to understand what needs to be done to create a sustainable world and, more importantly, it knows how to achieve it. So far 11 countries have signed up to SusChem Europe. Switzerland is next. And INEOS – a company that thrives on finding innovative solutions to challenging problems – is in the driving seat.

    The Fukushima nuclear disaster – triggered by an earthquake and a massive tsunami in Japan in March 2011 – sent shockwaves around the world.

    Germany shut down eight of its reactors, Italy voted overwhelmingly to keep their country nuclear free and Spain banned the construction of new reactors.

    There was a similar reaction in Switzerland, which actually was the first country in Europe to announce plans to phase out nuclear power in the wake of the crisis in Japan.

    In its place, the Federal Council and Parliament laid the foundations for a new strategy for Swiss energy to 2050.

    Initially Switzerland will have to rely on imported energy and electricity, which will increase its carbon footprint and presents a huge political and economic challenge.

    But that bold decision has also created a real opportunity – and incentive – for Switzerland to use energy more responsibly and upgrade the use of carbon – as a feedstock rather than a fuel.

    In November SusChem Switzerland will be launched at an Ecochem gathering of the world’s most influential industry and government leaders, scientists and innovators in Basel.

    And the timing of this INEOS-driven initiative could not be better.

    “INEOS has been one of the key companies behind SusChem Switzerland right from the start,” said Greet Van Eetvelde, chairman of SusChem Switzerland.

    Its aims will be to find ways of cutting carbon emissions, reducing energy consumption, managing resources effectively, handling waste and developing clean technologies.

    “Industrial symbiosis will be a key focus,” said Greet.

    “To make things happen, different industry sectors will need to find new ways of working together to build a shared vision for the future that benefits all.”

    Greet, who works for INEOS Europe, said process industry produced a lot of waste heat that could easily be re-used onsite, by other industries or even in neighbouring communities.

    “That’s the future,” she said. “And it is a win-win situation for all parties. One industry may have a question; another the answer. We will act as the glue in between.”

    Today INEOS works closely with the Ecole Polytechnique Fédérale de Lausanne (EPFL) to create energy integration and optimisation on the INEOS production sites.

    Last year INEOS also agreed to financially support innovative and entrepreneurial projects involving the EPFL researchers until 2022.

    Greet said, “She hoped the ‘INEOS Innogrant’ would support some fascinating laboratory research, especially in the field of green chemistry.” The first ‘INEOS Innogrant’ will be awarded at the SusChem conference to Imperix, a young company that has been tackling power grid stability.

    Energy production, management and storage, as well as CO2 capture and utilisation, will also be researched at the EPFL Valais Wallis campus in the Swiss canton of Valais.

    One study has been focusing on whether Switzerland could take advantage of its glaciers, which are melting at an alarming rate due to rising temperatures.

    When glaciers meet, new lakes are formed. But the study explored whether these natural reservoirs could in fact help to boost hydroelectric power production.

    So far 11 countries, including Belgium, France, Germany, Italy, and the UK, currently have their own SusChem National Technology Platforms. Switzerland – thanks to a push from INEOS – will be the 12th.

    The Swiss initiative will be launched at the three-day Ecochem conference, which will see the brightest sparks from across the chemical industry and value chains gathered in one place with one aim: to speed up ‘green chemistry’.

    This network of national technology platforms are all linked to SusChem Europe – The European Technology Platform for Sustainable Chemistry, which was launched as a joint initiative between The European Chemical Industry Council (Cefic) and others in 2004.

    Far from being a ‘talking shop’, it has become a force for good and is now formally recognised by the European Commission.

    Over the years SusChem has helped to develop advanced materials and process technologies that have led to a more efficient use of energy, feedstock and water.

    And It is now very much at the heart of the European Union’s growth strategy and also ‘Horizon 2020’, a new Research and Innovation Framework program due to be launched next year to tackle climate change, energy and food security, health and the ageing population.

    In short, the European Commission believes the European chemical industry has a pivotal role to play in creating a better future for us all.

    SusChem Switzerland will be building on SusChem Europe’s vision and mission to create an even more competitive and innovative Europe where sustainable chemistry provides solutions for future generations.

    “INEOS knows it can help,” said Greet.

    For INEOS, which moved its headquarters to Rolle in 2010, its involvement also gives the company a chance to play a bigger part in shaping Switzerland’s future, while at the same time increasing its own presence.

    Cefic said it was delighted at INEOS’ decision to become a key player in SusChem Switzerland.

    “Switzerland is an important manufacturing hub for Europe, both in base chemicals and fine chemicals for active ingredients for health and many more,” said Esther Agyeman-Budu, Cefic’s communication counsellor for research and innovation.

    “Companies, like INEOS, which has more ‘know how’ on the production side are needed to rejuvenate manufacturing. With our limited resources, we need to ensure that our resources are maximized, in terms of the value they bring to society.”

    For more information about the Ecochem conference, log on to www.ecochemex.com, or for SusChem, visit www.suschem.org

    8 minutes read Issue 5
  • climate-change-banner.jpg

    Climate of change

    Some of the world’s leading chemical companies have challenged themselves to tackle a global problem to preserve the Earth’s natural resources.

    By 2030 INEOS, AGA, AkzoNobel, Borealis and Perstorp, the chemical cluster in Stenungsund, Sweden, want to be producing plastics and chemicals used for tubes, pipes, flooring, paints, cables, detergents, and many other applications, where possible, without fossil oil, coal or natural gas.

    For INEOS in Stenungsund, which relies solely on fossil fuels, it will be a tough challenge. But Lars Josefsson, Chairman of INEOS Sverige AB, says finding and switching to renewable fuels is vitally important, not only to Sweden but the rest of the world if it is to help reverse the effects of climate change.

    “It is a major challenge but we want to help build a future society where resources are used efficiently and all our products are recycled,” he said.

    “We want to use renewable resources to develop more sustainable products.”

    The chemical cluster with the five companies in Stenungsund, are viewed among the best in the world. As such, they have already secured significant funding since launching their vision – Sustainable Chemistry 2030.

    “If we succeed, it would mean a significant improvement towards the environment and the economic prosperity of our region,” said Lars.

    “We know that it’s possible but it cannot happen by itself. It requires many players to achieve it, including the collaboration with academia, politicians and other industries. We all need to work together.”

    And that’s what they have been doing since they outlined their vision.

    So far they have won funding from, among others, the European Union and several Swedish government agencies.

    Their vision to break their dependence on the Earth’s reserves of oil and gas, has also earned them the respect of the local community.

    Within 20 years, the five key companies believe Stenungsund will be the engine in Western Sweden’s economy, the hub for manufacturing of sustainable products within the chemical industry, and the place for companies with similar mindsets to thrive and develop.

    But the journey towards 2030 has arguably already started. Both INEOS and Borealis have been involved in pushing and supporting Stena Recycling’s plans to develop the technology to enable thousands of tons of cable plastics to be recycled and upgraded to new products yearly. The recycling started a couple of years ago and every year thousands of tons of plastics (PVC and PE) is successfully recycled.

    “That previously wasn’t possible due to the high content of metal in the material,” said Lars.

    Another example involves AkzoNobel, which invest a lot in research and development. One end – commercial – result is a water-based and effective dirt and grease remover, which now allows more than 97% of water to be re-used in car washes. Most of all new car washing stations in Sweden are built using this technology.

    “Energy is also very important,” said Lars. “And we have a project ongoing for energy saving.

    “A total site analysis study carried out by Chalmers University of Technology and funded by the Swedish energy agency is showing a big saving potential if we look at all the five companies together.

    “A second phase has now been started to find out how this potential can be realised.”

    The chemical cluster has also launched a project for increased plastic recycling from hospitals.

    “There is a lot of plastic used in hospitals including PVC,” said Lars.

    “We have now a consortium of partners, including the county of Stockholm and the west coast region of Sweden. In addition to INEOS other partners include Universities and Institutes of Sweden, Recycling Companies and PVC MedAlliance*. The aim is to establishing a sustainable management system for medical plastic waste through close collaboration between various stakeholders and field projects.”

    Another project is a joint program with leading Swedish paper and pulp companies to explore possibly sourcing renewable raw materials from forests. Sweden, which has the third largest paper and pulp industry in Europe, is in a unique position in that large swathes of the country are covered in forest.

    But with paper consumption decreasing, the industry is looking for new applications.

    The project, Forest-Chemistry, is supported by the Swedish government agency VINNOVA.

    Sustainable Chemistry 2030, meanwhile, has also won support from academic institutions such as Chalmers University of Technology, SP Technical Research Institute of Sweden, The University of Gothenburg, IVL, and Luleå/Umeå University among others.

    “Our vision, Sustainable Chemistry 2030, has increased the co-operation in the cluster and is a platform to communicate that chemistry is needed to move towards a bio-based society,” said Lars. “This will be very important when we also discuss other important issues with the politicians.”

    Lars said the year 2030 provides clear focus and maintains the pressure to achieve our target.

    “We think it’s possible to reach our goal,” he said.

    *Read more about PVC Med Alliance a www.pvcmed.org/

    6 minutes read Issue 5
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    Ethylene terminal gives INEOS edge over rivals

    INEOS Oxide has opened a new million tonne deep-sea terminal at its plant in Belgium so that it can access competitively-priced ethylene from around the world.

    Video

    Ethylene terminal

    00:00

    CEO Hans Casier said it meant the Antwerp site would be able to compete successfully with the best in the world.

    The new terminal, which is at the heart of the second largest petrochemical region in the world, was officially opened by the Kris Peeters, the Minister-President of Flanders.

    “This new terminal gives a new strength to the petrochemical cluster in Antwerp, which for the past 50 years has brought skilled jobs and prosperity to Flanders,” he said. “This investment shows that INEOS sees a future in Antwerp and is a sign that the policy of Flanders is starting to bear fruit.”

    The terminal will be capable of unloading shipments of ethylene from the world’s largest ethylene vessels for INEOS’ European plants located at the Antwerp site and also those connected along the ARG pipeline, which links Antwerp to Köln and the Ruhr industrial areas.

    By connecting the terminal to INEOS Oxide in Antwerp and beyond, via the pipeline, to INEOS Oligomers LAO/PAO facility in Feluy Belgium, and INEOS Olefins & Polymers in Lillo and Köln, INEOS will be able to supply a competitively-priced raw material to efficiently balance its requirements across many of its main European facilities.

    4 minutes read Issue 5
  • new-light-banner.jpg

    Industry viewed in a new light

    The French glimpsed industry in a different light this summer.

    Giant, illuminated images and photographs of people working at INEOS and Petroineos were beamed on to huge storage tanks, and big photographs of the Lavéra refinery were also displayed on buildings in Martigues and Port-de-Bouc.

    The occasion – dubbed Industrial Night – was part of European Capital of Culture Marseille-Provence’s tribute to its industrial heritage.

    The Lavéra site – including subsidiaries Appryl, Naphtachimie and Oxochimie – is normally closed to the public, but that too opened its doors.

    Martine Le Ster, from Petroineos Manufacturing France SAS, said more than 700 people took advantage of the special opening hours and enjoyed bus tours with full commentary from actors.

    Elsewhere plays and concerts were staged and other companies’ sites also welcomed streams of visitors.

    1 minute read Issue 5
  • unipetrol-banner.jpg

    Unipetrol puts faith in INEOS

    The Czech Republic’s leading refinery and petrochemical group has chosen INEOS to help it develop its polyethylene business.

    Unipetrol has licensed INEOS Technologies’ Innovene S Process so it can manufacture medium density and high density polyethylene at its cracker complex in Litvinov.

    Unipetrol said the construction of the new polyethylene unit was a key investment project in its medium-term strategy.

    “We have chosen the newest technology, which will allow us to innovate our current product portfolio and satisfy most demanding requirements of our customers,” says Marek Świtajewski, Chairman of the Board of Directors and General Director.

    The technology will also improve production safety and reliability.

    1 minute read Issue 5
  • ineos-capital-banner.jpg

    INEOS Capital

    Sustainability runs through the very heart of the way INEOS operates around the world. But how does the company approach this much talked about subject? To find out, Tom Crotty met Jim Dawson, a nonexecutive director of INEOS, the chairman of INEOS Technologies, Oxide and Bio and someone with vast experience of the petrochemicals industry.

    Video

    INEOS CAPITAL INTERVIEW

    00:00

    Tom: Many companies have invested in sustainability departments but INEOS hasn’t. Doesn’t INEOS view sustainability as important enough to warrant its own department?

    Jim: Quite the contrary. Sustainability is important to INEOS. It is a feature of all of our activities. We are not the sort of company that has a big central office that says ‘Sustainability’. We expect every business and everybody in it to follow that approach as part of its day-to-day business.

    I can remember when – because I am old – some 40 years ago the price of oil was $2 (about $10 in today’s terms) and energy was cheap.

    Today, and for the past couple of years, it has been about $110 globally and therefore there is a big pressure to improve energy consumption and also to produce products that save energy, so a good example of this is where we improve the operation and efficiency of our plants. We invest in better heat exchangers. We improve our reliability and reduce flaring. We improve our furnaces to be more efficient. As a result our energy consumption drops quite a bit. And the products we produce also provide significant benefit to society. Products such as expanded polystyrene for example. We have a special version called EPS Silver that is used to insulate buildings. It is a special form of EPS that can improve energy efficiency by 20% compared with the standard product. That’s just one example of producing products that are good for sustainable development. On average, across chemical products, for every kilogram of carbon emitted in their production, two kilograms of carbon are saved in their use.

    Tom: INEOS often talks about the importance of being a good neighbour. Why is that so important to the sustainability of the business?

    Jim: It is important in many ways. We have to maintain trust and have a good relationship with our neighbouring communities. One reason, of course, is that we employ quite a lot of people, at our sites, who live in the neighbouring communities. It is very important to be transparent about what is going on our sites. A good example is on safety and environment. Both are very import to us. If we get that right, our communities know we are doing the right thing. We take Safety Health and Environmental performance very seriously at the highest level. We have 15 businesses and we have board meetings every month or two.

    At the start of every meeting we have a session on personal safety, on process safety and environmental impact. And I am pleased to say that last year our personal safety records was one of the best ever in INEOS history and the environmental impact record was one of the best in INEOS history, so I think we are doing good things for the community and ourselves by working on that. We also have community meetings at many sites so that people are totally aware what’s going on in their neighbouring plant.

    Tom: Another important aspect of sustainability is attracting and retaining the right people. How is INEOS investing in training and developing the best workforce?

    Jim: Ours is a technically demanding business and there is plenty of competition so we need to make sure we attract and retain the right people, and that is at all levels in the organisation. It may be apprenticeships where we are trying to improve operations on our plants and provide opportunities for further progression. Or it may be graduate programmes where we are trying to get other training for those people so that they can diversify their career, get opportunities in different businesses and progress through the company. Because of that, we do a lot of work with various institutions, with schools, with technical colleges and universities to try to identify and attract those best people, that will one day be the leaders of our businesses.

    Tom: Jim, we have talked a lot about the culture of the business. And the culture within INEOS seems to encourage the development of an entrepreneurial spirit. Why is that?

    Jim: INEOS has its own style. It is focused. It focuses on profit. It focuses on safety and it wants an entrepreneurial, “can-do” style. And we need that because the chemical industry is complex and competitive.

    Chemicals are used in transport, in medicine, in communications, in buildings, in a whole raft of important markets and we need an entrepreneurial spirit to make the best of those. And there are some good examples. Liquid food packaging is important to all of us. We can make the central barriers 35% thinner by using a different catalyst in the polyethylene that forms them. We also do simple things like using a different form of high density polyethylene to reduce the weight of bottle tops. It is a trivial thing but when you think of the billions of bottles that are produced and the contents consumed, then small amounts of change like that make a big difference. Another example of entrepreneurial thinking is in our bio-fuels. We have developed a process to convert organic waste into bio-ethanol, and that organic waste can be municipal solid waste. It is then gasified into syngas, which is carbon monoxide and hydrogen. That then reacts with micro-organisms and they convert it into ethanol. We have constructed an eight million gallon, commercial scale plant in Florida. It is mechanically complete. It is the first plant in the world. It is new technology so we are going through a quite time consuming mechanism of starting the plant up. Dealing with solids at the front end or liquids in the middle takes time to optimise. When completed we will be producing bio-ethanol on a commercial scale that goes into the nation’s fuel supply. And that’s certainly an example of sustainable development.

    Tom: Why is it so important that companies like ours create and develop products that make a difference?

    Jim: Quite simply, it is the nature of the chemicals business.

    It’s important that we produce new products for what the world requires.

    And sometimes those products may be common ones. For example, chlorine is a commodity that has been around for many, many decades and yet the chlorine we produce in the UK purifies 98% of the country’s water supply. Now that is a statistic to be proud of. We have also developed a bio-chlor membrane process to remove mercury and improve the efficiency of making this chlorine by some 30%.

    Another example is synthetic motor oils. Car engines are getting more and more complex and they are getting more and more efficient and therefore they need high quality motor oils to operate them. We produce synthetic oils and this goes into top-end lubricants.

    But it doesn’t stop there. We also use similar things in compressor boxes and in gear boxes and a good example is a special form of lubricant that we have developed for wind turbines. You can imagine if you have set up a wind turbine - it is on a tall structure and the gear box is high in the sky – you won’t want to be climbing up and down that structure every week to lubricate it. That’s why we have developed products that have a good sheer strength, last a long time, are good lubricants, reduce friction, and are ideal to extend the service life of the wave of wind turbines we see around the world.

    We are also a producer of acrylonitrile, which is the precursor to carbon fibre. Carbon fibre is light and strong. If you use them in aircraft you can reduce fuel consumption by about 30%. Of course, you are moving a lighter structure around the sky so it is not just carbon fibre in golf clubs. In transport you can make a big difference. We do feel at INEOS that we make products that make a real difference.

    20 minutes read Issue 4
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    The importance of forward thinking

    Companies wanting to grow sustainable businesses must have a rich source of talent to tap into. But when you are faced with ageing workforces and a shortage of skills, it becomes critical. Like all Science, Engineering and Technology companies INEOS knows that only too well. It’s one of the reasons it works so hard to ensure that that INEOS is a rewarding place to work so that they can attract – and more importantly, develop and retain – talented employees

    Forward-thinking companies do just that. They think ahead. They think about the future. They plan.

    And an essential part of that plan means working out exactly who are the future stars of your business.

    And that has never been more important for the chemical industry.

    An ageing workforce combined with a skills shortage is now having a profound effect on all industries, says The European Chemical Industry Council (Cefic).

    For the chemical industry, which needs a continuous stream of skilled, highly trained, highly disciplined and motivated employees to survive in highly competitive world markets, it’s a particular worry because of the decline in the number of students who view science as a career.

    Part of the problem is to do with the image of science in schools and the public’s generally negative perception of industry.

    Earlier this year Cefic published its first-ever report on how the chemical industry in Europe should work towards sustainability.

    It said the chemical industry had to do more to change its public image – and believed it could, if the industry were more open, engaged more with students, governments and stakeholders, and publicly demonstrated how its products made a difference to society.

    “Our aim is to make chemistry and our business an even more attractive employment option,” said Cefic.

    As a company, INEOS has arguably started to do that.

    It knows it needs to raise its public profile globally so that is able to attract the next generation of researchers, engineers, managers and line workers.

    For despite INEOS’ position in the world you would not be alone if you said: ‘I’ve never heard of INEOS.’

    To address the balance, INEOS has been busy building solid bridges with schools, colleges, universities, and local communities.

    Its aim is always the same: to inspire and excite the brightest young sparks to want to work for them – and reassure communities that it cares about their wellbeing too.

    “Building positive relations with our local communities and making our company a great place to work make good business sense,” said Anne-Gret Iturriaga Abarzua, Communications Manager at INEOS’ Köln site.

    “And both are essential to ensuring the long-term success of our company.”

    The approach is working.

    In America and Germany, where INEOS works closely with schools, universities and organisations, it has effectively been able to shape its own destiny by recruiting exactly the type of people it needs.

    “In short we have been able to establish a talent pipeline,” Sam Scheiner, HR director at Olefins & Polymer USA, told INCH magazine.

    Much of the good work, though, that INEOS does goes on – quietly – behind the scenes.

    Dr Anne-Gret Iturriaga Abarzua recently addressed a global science conference in Helsinki, Finland, which was organised by the Global Network of Science Academies to highlight how schools and industry needed to prepare tomorrow’s workforce.

    INEOS – along with the other chemical industries in Stenungsung, Sweden – is also heavily involved with Molekylverkstan, a world class science centre that last year alone welcomed 50,000 visitors.

    There, young children are encouraged to experiment with exhibits of molecules to help them understand how the world really works.

    “Molekylverkstan is a platform for the chemical industries,” said Carita Johansson, Communications Officer at INEOS ChlorVinyls in Stenungsund.

    “And our ultimate aim is to raise awareness and interest in science.”

    In addition, INEOS works with the local specialist Technical College to help shape the students’ courses so that they are relevant to life in industry.

    “The co-operation between the chemical industries and the schools is important because it means we are more likely to interest talented children that will one day be future employees with the skills we need,” she said.

    Elsewhere, though, INEOS’ biggest hurdle is the fact that many outside the company remain unaware of INEOS even though it employs 15,000 people and operates 51 manufacturing sites in 11 countries.

    “Considering the size of INEOS, we have never really sold the INEOS story as well as we should,” said Jill Dolan, INEOS Group HR Director.

    To help tell that story, this year, INEOS attended some top university careers fairs in the US and Europe for the first time.

    But tempting the very best to join an organisation is not enough, says Nathalie Crutzen, Accenture chairman in Sustainable Strategy, HEC-Management School of the University of Liege.

    She said companies also needed to do more to improve the lot of the employee – and those living in and working close to chemical sites.

    “If we want to reach the objectives of the macroeconomic goal of sustainable development, firms also need to improve the social aspects, such as the wellbeing of workers and the wealth of the population around the firm,” she said.

    It’s an area in which INEOS again addresses as part of its day to day operation.

    “We work hard to ensure that INEOS is a rewarding place for our staff to work because we know that a highly skilled workforce is vital for the long-term sustainability of our company,” said Jill.

    “We also want and need to maintain the trust of communities living and working close to our sites and are committed to supporting them because it underpins our licence to operate.”

    8 minutes read Issue 4
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    A safety first for INEOS

    Safety is INEOS’ top priority. The company knows that its businesses won’t last long if it takes the safety of their employees and those living close to its manufacturing plants for granted. For years INEOS as a group has kept very tight control on its performance, using a system it inherited from ICI. Today it is doing things differently. It wants the world to be able to judge its performance against the very best

    The world will soon be able to fairly judge INEOS’ safety performance against other petrochemical companies.

    Multi-national chemical giants Shell, Dow Chemical, BP, and Exxon have, for years, reported their workplace injuries and illnesses according to the rules of the Occupational Health and Safety Administration (OSHA), a federal agency of the United States Department of Labour that was founded during Richard Nixon’s US presidency in 1970.

    For years INEOS – a company that has grown from acquisition – has used a system for recording ‘classified reportable injuries’ and illnesses that it inherited from ICI.

    Now, though, it has decided as a Group to report under OSHA’s Umbrella, in line with other companies.

    “Although the OSHA record keeping is an American-based system, it is recognised globally,” said Stephen Yee, Business Safety Health and Environment Manager based at INEOS ChlorVinyls.

    “This will make it easier for us to compare our safety performance against the likes of Exxon,” he said. “We will now be able to compare like for like.”

    INEOS’ businesses in the US already fall under OSHA regulations and INEOS Olefins & Polymers USA’s two largest facilities have already earned OSHA Star and Merit ratings under the Voluntary Protection Program (VPP).

    Companies that qualify to join this programme must operate an effective health and safety systems that meets rigorous performance-based criteria. In short, they are deemed to go above and beyond what OSHA expects of them.

    The INEOS system has worked extremely well and has enabled the company to significantly improve the safety performance of its businesses. As the company has grown over the years INEOS saw no need to change it.

    The decision to now switch to OSHA record-keeping guidelines is a big and bold step.

    “OSHA is very different,” said Stephen.

    Whereas INEOS would not log an incident as a ‘classified reportable injury’ if a member of staff were prescribed paracetomol by a company doctor, OSHA would expect it to be recorded under its recording guidelines.

    “Safety remains our highest priority and by making this change we will continue to monitor and improve our safety performance but the company will be recording events in a slightly different way” said Stephen.

    To make the transition easier – and so that staff know that INEOS’ safety performance has not deteriorated overnight – Stephen said he had compiled a report to show how INEOS would have fared under OSHA record-keeping guidelines since 2002.

    “We wanted to give staff an indication of what the figures would have looked like, across the company,” he said.

    Since October, INEOS has been running both systems to ensure continuous improvement.

    “By doing that our employees can continue to see what our performance would have been like under our old system,” said Stephen.

    Making this change does not alter the company’s legal compliance and INEOS will continue to meet its regulatory requirements. “In every country we have local, legal requirements,” he said. “That won’t change.”

    For the past four years INEOS’ safety record has improved year on year, and 2012 would have been its best year to date, save for a process safety incident at Lavéra in France last December, during which five firefighters were exposed to higher than normal noise levels.

    “Because they were off work for more than three days it became a classified reportable injury,” said Stephen.

    Safety is – and has always been – INEOS’ top priority, and INEOS prides itself on being open and honest about what it does, how it does it and the impact it has on its staff and those that live and work close to its 51 manufacturing sites.

    “We have always tracked and reported more than we were required to do by law,” said Stephen, “and that engrained approach will not change under the OSHA system.”

    Although some in the company may be unaware of OSHA, plenty others will know about the way it operates.

    “OSHA won’t be totally new to many people because over the years INEOS has acquired businesses from companies where this system would have been operated before,” said Stephen.

    All staff that are required to make the determination of an OSHA injury were trained in September last year and Stephen is on hand (along with teams from its US businesses) if there are any cases of doubt.

    “For us, this does not change our view of the importance of safety across every aspect of our business. It is now just a different way to do things, but it is important that we make the transition smoothly and spend our time focused on keeping safe,” said Stephen.

    7 minutes read Issue 4
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    Jim’s a leader in his field

    INEOS chairman Jim Ratcliffe has won an award for his outstanding contribution to the world in which we live.

    Video

    Jim Ratcliffe is presented with the Petrochemical Heritage Award

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    He was presented with the Petrochemical Heritage Award at the 2013 International Petrochemical Conference in San Antonio, Texas.

    Previous winners of this lifetime achievement award – long viewed as one of the most prestigious by the industry – have included some of its most prominent pioneers from all corners of the globe.

    Tom Tritton, president and CEO of The Chemical Heritage Foundation, said Jim had been this year’s overwhelming winner due to INEOS’ rapid growth and incredible success over the past 15 years.

    “Science-based industries need people like Jim,” he told INCH magazine after the ceremony. “He combines an understanding of basic science with an acute level of insight into how to translate science to practical application.

    “He also knows how to take well-timed risks that will turn ideas into reality.”

    It is the first time that a Briton has ever won the award in its 17-year history – a fact that did not go unnoticed by Jim.

    “I was a bit concerned that your standards were slipping,” he said with a smile.

    But the former chemical engineer, who graduated from Birmingham University in 1974, said INEOS’ success was not the work of just one man.

    “I am here because of what INEOS has achieved but it has not just been myself who has done that,” he said.

    “We are quite a tightly-knit group of people in INEOS so it has very much been a team effort to get us here.”

    INEOS, he said, worked in a different way to most similar-sized companies.

    “We are more like a federation of businesses,” he said. “We give our businesses a lot of autonomy. We give our management and chief executives a lot of autonomy and independence.

    “That’s why people in INEOS behave, I hope, more like owners than employees. And it hopefully generates that spirit of entrepreneurship, being nimble and making quick decisions.”

    He said INEOS was very focused on fixed costs, operating reliable machinery, profit and safety.

    “Everybody in our industry talks about safety but we have about 10 or 15 board meetings a month and the first item on every board agenda is safety,” he said.

    During his acceptance speech and subsequent Q&A, Jim also touched on INEOS’ proud history, the 2008-2009 recession and how INEOS managed its way out of that crisis and the shale gas boom which has transformed America’s manufacturing industry.

    He also spoke about why INEOS disliked bureaucracy – ‘it suffocates businesses’ – and why, he believed, the UK, once home to INEOS’ headquarters, was still in recession.

    “I am a firm believer that any economy must have a strong manufacturing base,” he said.

    “The main reason that the UK has not come out of this recession is because it has no, or very little, manufacturing.”

    He said it had been quite depressing to witness the virtual collapse of manufacturing in the UK where 15 years ago it had been on a par with Germany – at about 25%.

    Today only about 10% of the UK’s economy is manufacturing while Germany’s is still at 25%.

    That happened, he said, because the British Government, at that time, had been more interested in financial services than manufacturing.

    “They thought financial services was the future,” he said.

    Jim told guests that for manufacturing to be successful in any country, it needed to have unique selling points (USPs).

    “If you look at the UK today, there are not many USPs,” he said. “There are not many reasons why someone what want to manufacture in the UK, other than perhaps the English language.

    “Taxes are relatively high, the unions are difficult, pensions are expensive, there are logistics and energy costs are extremely expensive.”

    He said America – on the other hand – had ‘lots and lots of USPs’.

    “You have skilled labour, the unions are sensible, pensions are sensible, and you have this enormously strong new one, which is cheap energy and cheap feedstock,” he said.

    During the question and answer session, Jim was asked about shale gas – the cheap feedstock that has revived America’s manufacturing industry – and whether the US government should limit shale gas exports to protect the American economy.

    “I can understand it in certain areas perhaps it being restricted,” he told them. “But across the board I think that would be regarded by the world as creating a difficult precedent because America imports a lot of oil.”

    As the 17th recipient of the Petrochemical Heritage Award, Jim joins an elite group, including the former president of Cain Chemical and the founder of Texas Petrochemicals Company.

    “Jim’s career shows how an optimizer steadily grows,” said Tom Tritton. “He has taken INEOS through two major industry downturns to success after success.

    “He is also clearly a man who is in for the long haul. He has held the chairmanship at INEOS since 1998 and this year he finished, Paris, London and Geneva Marathons in under four hours.

    “To me, running a marathon is a wholly admirable accomplishment. It demonstrates dedication, persistence in the face of adversity, and a willingness to take on hard goals.”

    The Chemical Heritage Foundation and the Founders Club established the Petrochemical Heritage Award in 1997 to recognise inspiring individuals who had made an outstanding contribution to the petrochemical industry and promoted public understanding of the modern sciences, industries, and economies. 

    What’s in a name

    Ever wondered where the INEOS name comes from?

    It was a question asked of Jim Ratcliffe after he accepted his award in Texas.

    Two sons, two dictionaries and an acquisition deadline led to the company’s unique name when it was first established 15 years ago.

    On the Friday before Jim was to close the acquisition of the company his lawyers needed a name. By Monday.

    On Saturday morning, Ratcliffe bought two dictionaries, one Greek, one Latin and sat down with his two sons, then aged 10 and 12. The three then set to work on a name. And at a cost of $20, they came up with one word that holds a lot of meaning.

    The new company’s business was previously INspec Ethylene Oxide and Specialties, so the letters fell into place.

    From the dictionaries the three found ‘INEO’ which is Latin for a new beginning. ‘EOS’ is the Greek goddess of the dawn and ‘NEOS’ is new, novel and innovative. So the name was chosen – ‘INEOS’ - representing the dawn of something new and innovative.

    The company has been living up to its name ever since.

    26 minutes read Issue 4
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    Material Gain

    No-one really knows the impact shale gas could have in Europe but the Continent is sitting on significant reserves. These can be tapped by a process known as ‘fracking’. INEOS says it is an opportunity the EU cannot afford to turn down if it seriously wants to compete with America where access to shale gas has slashed its energy prices, and fuelled its industrial revival with jobs and production processes, once outsourced to China, now coming back to the US as a result.

    As Europe hesitates, America is already reaping the rewards of shale gas in terms of energy costs and security as well as competitive raw materials that underpin most of its manufacturing sector. And those rewards keep on coming.

    Chemical companies from around the world are now flocking to the Houston area to build new gas crackers, restart old ones or expand existing plants so they can take advantage of the vast amounts of domestic natural gas that contains the vital raw materials used by the petrochemical industry to make plastics and solvents.

    The American Chemical Council said it was one of the most exciting domestic energy developments of the past 50 years and was fuelling America’s industrial revival.

    After years of losing out to developing economies in Asia, a growing number of American companies are now moving their manufacturing back to the United States. The tide may be turning. PricewaterhouseCoopers is calling it The Homecoming.

    Across the Atlantic, though, in Europe, it’s a different story.

    They too have the breakthrough technology to unlock the natural gas trapped in shale rock, but so far it remains untapped. And no one knows for how long.

    France, having invested heavily in nuclear power, is facing opposition to shale gas exploration from the nuclear industry, and Germany, which has put its money into huge wind farms, faces the wrath of the renewable energy lobby. So the debate continues.

    INEOS has decided it cannot wait, and has struck a deal with the US to bring US raw materials to its European plants to maintain a competitive global Olefins & Polymers business.

    From 2015 INEOS Olefins & Polymers in Norway will begin taking shipments of US-derived ethane – an essential ingredient necessary to produce ethylene.

    “We are a global business supplying world markets so competitively-priced raw materials are essential if we are to maintain our business and jobs here in the future,” said Magnar Bakke, site manager INEOS Olefins & Polymers Norway.

    INEOS believes that having the capability to import up to 800,000 tons of ethane feedstock from the US every year complements our portfolio of feedstock agreements for its European gas crackers and will strengthen its competitive position as an ethylene producer in Europe for the foreseeable future.

    Negotiating the American contract has taken two years – from when the idea was first suggested to the signing of the contracts. INEOS will not benefit financially from it until 2015. But when the benefits come, they will be substantial.

    “We could start taking the ethane now but the systems and infrastructure are not yet set up to ship it out,” said David Thompson, Procurement Director INEOS O&P Europe. “They need to build an export terminal, for instance.”

    Not long ago, America depended on imports of liquefied natural gas.

    Now it is on the verge of becoming a major gas exporter.

    What has made it economically viable is horizontal drilling and major advances in hydraulic fracturing of shale rock.

    Upstream oil and gas companies have discovered how to squeeze oil and gas out of rock once thought too difficult and expensive to tap. In a nutshell, they have found a way of cracking open long, thin seams of shale and other rock by pumping water, sand and chemicals into the ground at high pressure to force the gas from the rock.

    “It’s the technology which is the key technical breakthrough,” said David.

    The problem for the US, though, now is that they have so much gas they don’t know what to do with it and, as a result, gas prices in the US have been tumbling, pulling down ethane feedstock prices too.

    One way of stabilising prices is to find new customers. And INEOS is one of them.

    “Right now the gas is used locally In America but a deal with us is a new way for the US to sell the ethane, which has been found in abundance in the typically ‘wet shale gas’,” said David.

    There are some in the US that want to keep US gas in the US. Dow Chemical, for one, fears that unchecked exports will increase domestic prices again and also threaten investment in the US manufacturing sector.

    “That debate is still ongoing,” said David.

    Shortly before Christmas, INEOS finalised its 15- year contracts with the three companies that will be responsible for the drilling, distributing, liquefying and shipping of ethane from America to INEOS’ Rafnes site in Norway.

    Ethane will be piped from the Marcellus shale reserves in the Appalachian Mountains to Marcus Hook, Pennsylvania. From there it will be shipped to Europe.

    The gas will then be stored on site in a new ethane tank, which will be built alongside INEOS’ existing stores of local ethane and LPG.

    The price of each will determine which feedstock INEOS uses – ethane or LPG – to produce ethylene, a chemical that is used in thousands of products we use every day. In short, it gives INEOS great flexibility.

    David said the supply deal with Range Resources Appalachia LLC also strengthened INEOS’ competitive position as an ethylene producer in Europe for the ‘foreseeable future’.

    And with EU decarbonisation policies likely to drive up energy prices in Europe, that has never been more important.

    In a report to the House of Lords EU sub-committee, INEOS has warned that rising energy costs threaten to undermine the ability of manufacturers in the EU to compete on the world stage.

    Particularly at risk, it said, were chemical industries that relied heavily on fossil fuels to run its plants.

    “We are acutely vulnerable to fluctuations in energy prices,” said Tom Crotty. INEOS Group Director.

    “We sell our products in fiercely competitive international markets and cannot pass on costs to our customers.

    “But we cannot afford to operate in jurisdictions with uncompetitive energy prices.”

    INEOS said if Europe were serious about decarbonisation, it had to shield energy-hungry industries from steep price rises while it moved towards creating affordable low-carbon energy sources.

    “If it doesn’t, production will be forced out of Europe to more competitive locations which will mean the loss of jobs, investment and tax revenue,” he said.

    Decarbonisation should not mean deindustrialisation, said Tom.

    “The aim must be to connect industry to green energy supplies, not push industry away,” he added.

    He said energy-intensive industries were not ‘sunset industries’ standing in the way of environmental improvements.

    “They are actually a vital source of raw materials and innovations required to make the green economy a reality,” he said.

    It is estimated that for every ton of CO2 used in the chemicals industry, more than two tonnes are saved by its products, which include catalysts, insulation, components for wind turbines, and solar cells.

    INEOS said Germany and France had both implemented policies that gave industry the confidence to invest and thrive.

    Germany, it said, provided significant energy tax rebates while France facilitated long-term energy contracts.

    “The UK currently risks being left behind,” said Andrew Mackenzie at INEOS ChlorVinyls. “UK electricity prices are high compared to other European countries, and our gas prices are much higher than countries outside Europe.

    “This international competitiveness gap is set to widen dramatically over the next decade due to government policies increasing energy prices.”

    He said shale gas, which is widely regarded as the most important bridge to future renewable energy because of its low carbon footprint, was a valuable new resource that would improve the UK’s energy security and mean more competitive prices in the UK.

    Test drilling for shale gas in the UK, which is believed to have an estimated 200 trillion cubic feet of onshore reserves in the North West alone, has now resumed in Lancashire after an initial scare in May 2011.

    And that’s good news for INEOS.

    “Our success in the UK depends on access to competitive energy and feedstock supplies,” he said.

    “Having access to more competitively priced feedstock and energy would transform the fortunes of the UK petrochemicals industry and help it to compete in a global market.”

    In America, gas – thanks to the shale gas bonanza – is now five times cheaper than the UK.

    “Similar gas prices in the UK would reduce the cost of chlorine production by £50 million a year at our Runcorn site, which currently uses as much electricity as the city of Liverpool,” said Andrew.

    Test drilling for shale gas in the UK was stopped by the Coalition Government after Cuadrilla Resources Ltd caused a minor tremor near Blackpool.

    A subsequent investigation by three eminent geologists reassured the government that fracking was safe.

    “It was just blown out of proportion by the media,” said Tom. “The ‘earthquake’ was lower than the tremors we get every day from shifts in old mine workings.

    “The geologists’ report said there was not a problem but the company needed take necessary steps to ensure it didn’t happen again.”

    INEOS is keen to do business with Cuadrilla.

    “They are planning to use it as fuel but how easily you can use it as fuel will depend upon what’s in it,” said Tom.

    Before natural gas can be sold commercially, the certain components of the mixture, called fractions, must be extracted. Those include hydrocarbons such as ethane, butane and propane, which are highly valued as raw materials by the chemical industry.

    “Cuadrilla don’t know the composition of the gas yet because they have not got it out of the ground, but if they need to take out those gases, that’s where we can step in and help,” said Tom.

    “We can take off those gases, if you like, and make chemicals with them to make valuable products that can be used and re-used,” he said.

    “As far as we are concerned, nothing should be wasted.”

    Waste is one of INEOS’ biggest bugbears.

    “Ethane is the most valuable chemical feedstock in the world because you can make things out of it but most of it gets burned because it doesn’t get extracted out of the gas stream,” he said.

     

    INEOS currently owns two of the four gas crackers in Europe.

    One is in Norway; the other is in Grangemouth in Scotland.

    About 30 years ago the Grangemouth cracker was built to run on pure ethane which was coming from the North Sea oil rigs.

    Over the past 15 years, though, the quantity of ethane, which is a lighter gas, has gone down and has been replaced by heavier gases, which contain a lot more carbon.

    “The carbon clogs up the ethane cracker so you have to shut the whole thing down to get in and clean it which means it is very inefficient,” said Tom Crotty.

    INEOS recently spent millions on its cracker in Grangemouth so that it could cope with the wetter, heavier feedstock.

    As things stand, Grangemouth cannot take advantage of the ethane, which has been distilled from the cheap shale gas in America, without investing heavily in the site.

    Studies are being carried out to explore options at the site.

    “We would have to build a new jetty, reception facilities and storage tanks,” said Tom.

    “In Norway we already have much of that. And we will be investing in building more facilities so we can take more of it in the future.”

    14 minutes read Issue 4
  • the-road-to-future-banner.jpg

    The road to the future

    Some say that behind every successful man is a great woman.

    German car engineer Karl Benz, if he were alive today, might well agree with that.

    For it was his wife Bertha’s publicity stunt in 1888 that focused the world’s attention on his patented Motorwagen and earned the company its first sales.

    On August 5, without telling him, she borrowed his car and set off on an historic journey from Mannheim in Germany with their two oldest children. It was the first time anyone had attempted to drive a car over such a long distance.

    People thought cars were dangerous and unreliable. And no one wanted one.

    Bertha decided to prove otherwise. She wanted no one to be in any doubt. The car was the future.

    She set off before dawn and, shortly after dusk, arrived at her mother’s home in Pforzheim from where she sent Karl a telegram, informing him of the good news. The following day, she confounded the critics even more by driving home whereupon she presented her husband with a list of suggestions for all the mechanical things that had gone wrong during her trip.

    That 106km journey 124 years ago triggered a love affair with the car that continues to this day.

    Back then, it might have been convincing a sceptical public that it was a viable method of travel. Today it’s finding a way of keeping the growing millions of cars on the roads whilst reducing their impact on people and the planet.

    And it’s a full-time job.

    For technology is moving so fast that it’s hard to predict which direction the industry will eventually go.

    Will cars be run on hydrogen, biofuels, fuel cells, solar power, electricity, liquid nitrogen or natural gas? Will they be built from plastic, carbon fibre or aluminium?

    There is not going to be a single solution but the direction is the same. Cars of the future need materials and technologies that will make them lighter and safer, reducing fuel consumption and dramatically cut down on exhaust emissions.

    Conventional cars currently operate at about 15% efficiency so the potential for improvement with advanced technologies is enormous.

    Scratch the surface and you will find that INEOS is already at the heart of so many of the advances that are being made by manufacturers to make cars stronger, safer, lighter, sexier and more efficient while also satisfying those concerned about the environment.

    Plastics is a big one that is pulling its weight.

    So too is carbon fibre. But there are a host of other raw materials made by INEOS that are going into tyres, seat belts, brake fluid, anti-freeze, air filters and synthetic oils.

    INEOS’ Olefins & Polymers makes the high density polyethylene and polypropylene, which form the backbone of the entire plastics manufacturing industry.

    Car manufacturers especially like plastic because it can be moulded into virtually any shape but there’s more to plastic than just versatility.

    It’s also incredibly strong while being much lighter than steel, which as a result enables lighter, more fuel-efficient cars that do not compromise on safety.

    Today most fuel tanks in Europe and America and about 40% in Asia are believed to be made of plastic instead of steel because they are lighter, can be recycled and don’t corrode.

    And some of the world’s leading producers are using INEOS’ custom-engineered polymers to make them.

    The use of carbon fibre is another exciting area and INEOS’ Nitriles business, which is the world’s largest producer of key carbon fibre ingredient acrylonitrile, is at the heart of that too.

    Carbon fibre is 50% lighter than steel yet about five times stronger. The challenge is to find a way of making it more affordable so it can be mass produced.

    INEOS says, if that happens, the potential environmental benefit, given the number of cars on the roads around the world today, is enormous.

    Look closely at the electrics in most cars and you will find that all the wiring is coated in PVC largely because it is flame resistant – a factor which will become ever more important as the number of electrical components in cars increases.

    “PVC cabling doesn’t perish unlike rubber,” said Dr Jason Leadbitter, Sustainability & Compliance Manager at INEOS ChlorVinyls, Europe’s largest PVC manufacturer.

    His colleagues at INEOS Oligomers, meanwhile, are working closely with the manufacturers of synthetic oils and additive suppliers to deliver what their customers want. Advanced synthetic oils are helping to reduce wear and tear on engine components, whilst helping to improve the efficiency of modern engines for longer.

    “Today demand for better fuel economy has increased both end-user and car manufacturers’ interest in low viscosity engine lubricants,” said Michel Sánchez, PAO market development manager at INEOS Oligomers. “And that trend will continue with the introduction of new, tailor-made viscosity grades.”

    He said INEOS’ Group IV base oils – known as PAOs – performed above and beyond in maintaining engine durability, performance and reliability

    At INEOS Olefins & Polymers, the raw materials for butadiene are also produced to create synthetic rubber for tyres. The beauty about butadiene is that it performs equally well whatever the weather and can withstand a lot of wear and tear compared with other rubbers.

    There are currently more than 160 tyre manufacturers in the world who spend over £1,000 million every year in research and development to make cars more efficient, enhance handling and improve stopping distances.

    Treading that road too is INEOS Phenol.

    Its phenol goes into resins to make tyre tackifiers and nylon intermediates to make tyre cord and other engineered thermoplastics.

    But INEOS Phenol’s involvement doesn’t end there.

    Phenol and acetone are both needed to make polycarbonate, a magical, pliable material that is used extensively to make sun roofs, side windows, tail lights, headlamps and other car parts.

    The good thing about polycarbonate is that it can be moulded into a single piece, it is light and incredibly strong, which means better protection in the event of an accident.

    INEOS Phenol also makes acetone which is used in Perspex, in acrylics for the paints, along with resins for brake pads and air filters.

    Perhaps the biggest question of all, though, is how will cars of the future be powered?

    Every car company without exception is considering the alternatives to fossil fuels and how this shapes their product.

    It is an area that INEOS is also involved.

    It has built a plant in Florida that is designed to produce eight million gallons of advanced biofuels from waste every year for the cars of today and tomorrow.

    Meanwhile, their colleagues at INEOS ChlorVinyls have helped to create a ‘hydrogen highway’ across Norway by providing a clean form of hydrogen.

    The hydrogen, which is essential for fuel cells, is a by-product of INEOS’ chlor-alkali process at its Rafnes site.

    “It provides fuel from one of several hydrogen fuelling stations that are now forming a corridor from Stavanger to Oslo,” said Jason.

    No-one should ever doubt the importance of the chemical industry to the car industry.

    The International Council of Chemical Associations said recently that chemical products for vehicles were now saving 230 million tons of greenhouse gas emissions every year.

    In a report to the Rio +20 summit, it also highlighted how metallocene catalyst technology, licensed by INEOS Technologies, had been a major breakthrough in the manufacturing of plastics.

    “Metallocene polymers also enable modified plastics to be used more widely in automobile applications, replacing steel,” the ICCA said.

    Whatever happens, the car manufacturing industry will continue to look to companies like INEOS for answers.

    Thankfully INEOS has plenty.

    FUEL TANKS

    Plastic fuel tanks are replacing steel because they are lighter (lighter cars improve fuel economy), they can be recycled and don’t corrode. INEOS Olefins & Polymers manufactures the high density polymers for plastic fuel tanks.

    TYRES

    There are currently more than 160 tyre manufacturers in the world who spend over £1,000 million every year in research and development to make cars more efficient and improve stopping distances. INEOS Olefins & Polymers produces the materials used to make for tyres. These help to improve performance and reduce wear and tear. INEOS Phenol produces phenolic resins that are used to make tyre tackifiers and its alpha methyl styrene helps to produce better, fuel efficient tyres.

    INTERIORS

    Plastics are being used inside cars to improve aesthetics and safety. INEOS Olefins & Polymers manufactures the high density polyethylene and polypropylene that form the backbone of the entire plastics manufacturing industry. Phenol and Acetone from INEOS are both needed to make polycarbonate that is also being used to reshape car interiors and exteriors. INEOS Phenol’s phenol and acetone are both needed to make polycarbonate.

    FUEL

    The world is looking for an alternative to traditional fossil fuels. INEOS Bio’s technology produces advanced biofuels (from waste not crops) to be blended with petrol. The technology also produces renewable power that could be used to charge batteries.

    SYNTHETIC OILS

    Demand for better fuel economy and better performing engines has led to an increase in the interest in low viscosity engine oils. INEOS Oligomers provides the manufacturers of synthetic oils and additive suppliers with the high performance base oils that help to improve a car’s overall efficiency.

    BODY PARTS

    Carbon fibre is 50% lighter than steel but about five times stronger. More of this product is being used in cars to reduce weight without compromising safety. INEOS Nitriles is the world’s largest producer of acrylonitrile which is the essential ingredient in carbon fibre. Without it, carbon fibre would not exist.

    ELECTRICS

    PVC is used to coat the wiring of electrical components in cars because it is flame resistant and, unlike rubber, doesn’t perish. INEOS ChlorVinyls is Europe’s largest PVC manufacturer.

    14 minutes read Issue 4
  • good-chem-banner.jpg

    Good Chemistry

    The world faces a constant and growing challenge. How does it meet the demands of a rapidly rising population – last count seven billion – with finite resources, in a way that does not threaten the planet? One sector that has an answer and is doing more than the public realises to meet that challenge is the global chemical industry.

    Around the world, the chemical industry is working hard to find solutions to many of the issues that a rising population presents society.

    That work – since the first historic Earth Summit in Rio de Janiero in 1992 – has helped to ensure that farmers adopt sustainable agricultural methods and that more and more people can access cleaner, safer drinking water. It has further led to medical breakthroughs, transformed the way energy is used and is helping to reduce greenhouse gases.

    And the work goes on.

    Last year, the chemical industry, which directly employs more than seven million people worldwide, took stock of what it had achieved over the past 20 years since that first United Nations Conference on Environment and Development, and looked forward at how it could collectively begin to address the challenges that have emerged since.

    During the Rio + 20 conference, which was attended by representatives from 196 nations, Steve Elliott, chief executive of the UK’s Chemical Industries Association, said that the chemical industry had been at the forefront of the emerging green economy.

    “Without chemical businesses, green technology and the green economy simply cannot happen,” he said.

    Mr Elliott said he hoped Rio +20 would show the world how the industry and its stakeholders had worked together to enable people, the planet and companies to thrive.

    Some of that progress has been highlighted in a report published by the International Council of Chemical Associations, the worldwide voice of the chemical industry.

    ICCA president Andrew Liveris said during a panel discussion that progress had been the result of innovative ideas, technologies and processes, all made possible only through chemistry.

    “Around the world, the chemical industry is enabling the very solutions we need to meet the global challenges,” he said.

    In its report, the ICCA said building a green economy would depend on innovative solutions from all sectors – a view shared by UN Secretary General Ban Ki-moon.

    “In these times of austerity and economic uncertainty, public sector efforts alone will not be sufficient,” he said.

    “We need everyone at the table – investors, CEOs, governments, civil society groups, technical experts and practitioners – working in a common cause.”

    Carlos Fadigas, chief executive of Brazilian chemical company Braskem, also took part in the ICCA panel discussion at the summit.

    He said that the efficient use of resources was crucial.

    “We must focus on sustainable consumption as well as sustainable production, with a commitment to producing goods and services efficiently and consuming them differently,” he said.

    “To achieve that, it is crucial that each company puts sustainability as a core driver of its business strategy. More and more chemical companies are doing that.”

    The ICCA said it hoped Rio +20 would spur governments into creating the right environment that would allow chemical companies to act swiftly to find even more innovative solutions to the world’s changing needs.

    “Innovative, efficient solutions are required to achieve sustainable development,” it said.

    “And contributions of the global chemical industry will play an essential role in the transition to a green economy envisioned by Rio +20.”

    The ICCA also continues to encourage developing economies to responsibly use and handle 2,000 plus chemicals currently on the market, through its training workshops, which have so far been conducted – in such places as the Middle East, Africa and Asia – by leading chemical companies that are keen to share best practices.

    “Promoting safe management and use of essential products of chemistry is a shared responsibility of manufacturers, government and all those who sell or use chemical products,” it said.

    Rio+20 followed the publication of The European Chemical Industry Council’s first-ever sustainability report designed to raise public awareness of the benefits that the industry brings to society.

    Cefic is the European Chemical Industry Council. This Brussels-based organisation said its own surveys and external research had shown that public opinion of the chemical industry differed from one country to the next.

    The report, which highlighted examples of innovative products and initiatives, and groundbreaking advances, aimed to improve the public’s generally negative perception of the chemical industry.

    “The chemical industry is, perhaps, better placed than any other sector to tackle the challenges of sustainability,” he said.

    “After all there’s virtually no product, no service or human activity that does not in some way rely on the contribution of chemistry.”

    In its report, Cefic stressed the importance of open communication.

    “Partnerships and collaboration within industry are essential,” said Mr Giorgoi Squinzi President of Cefic. “But so too are partnerships with authorities, those in the supply chain, and academic and research institutions.”

    7 minutes read Issue 4
  • independent-view-banner.jpg

    An independent view

    Professor Peter Styles was one of three experts commissioned by the UK Government in 2011 to write an independent report after fracking caused two tremors in the North of England. Here he explains why Britain’s long-term future depends on the vast reserves of shale gas buried deep beneath the ground.

    Britain’s salvation could come from shale gas that has been buried in rocks for 300 million years.

    Professor Peter Styles believes that the UK’s vast reserves must be tapped if Britain is to secure its long-term energy needs.

    “This is really important,” he said. “I don’t think people realize how extremely vulnerable we are in the UK.

    “At the moment 70% of UK domestic heating and cooking is gas and we import half of it.

    “Some of it comes from Norway, which is probably all right, but a lot of it comes from Siberia which has not been the most secure form of supply over the years.”

    In January 2009, a dispute between Ukraine and Russia over natural gas prices led to deliveries to a number of European countries being cut off entirely.

    “We were down to two days’ supply,” he said.

    “And when that happens, companies like INEOS ChlorVinyls in Runcorn, which is the third biggest user of gas in Britain, get switched off to protect the domestic supplies.”

    But he said on a normal day, Britain only had the capacity to store 12 days worth of gas.

    “France has 120 days and Germany has 150,” he said. “But we have 12.”

    And the situation is set to worsen.

    By 2015 Britain will have closed six coal-fired power stations due to European regulations.

    “That will take out about eight to nine Gigawatts of generated electricity out of the system,” he said. “We are talking about one day a week of power lost. We are effectively saying that we will need to do without the amount of electricity and power we would use in one day. How we are going to replace that? Not with wind turbines, I’m afraid, because people are reluctant to have them in their back-yards either.”

    Professor Styles said the British public needed to understand the consequences of their actions if they rejected shale gas exploration in the UK, the development of wind farms or refused to allow companies to build facilities to store gas in the UK, a situation that happened in Byley, Cheshire, England, in 2001.

    “Their attitude is often: ‘I don’t know anything about it at all but I know that I don’t want it’” he said.

    “That’s fine. If people say they don’t want it, I can live with that. But if we make that decision, we have to live with the consequences and that might mean living with less power.”

    On January 30, the British nuclear power industry suffered a setback when plans to look for a site for a £12billion underground nuclear waste store in Cumbria were rejected by Cumbria County Council.

    “I am not sure that Cumbria County Council realise that they have effectively voted that they will have to live with surface storage of the bulk of the UK’s Radwaste at Sellafield, including more than 100 tons of Plutonium, for probably an extra 10 years (or even more) now,” he said.

    “That decision will not help nuclear power. It will stop new nuclear build in the UK because you have to do something with the waste. Yet it is with gas in the medium the only one that can provide us with long-term, clean, in term of CO2, baseload energy.

    “It sometimes surprises people when I tell them that Radioactive Ores are found in rocks anyway, that’s where they originate, and that despite their natural radioactivity, it is not trivial to detect them so returning them to the ground for deep geological storage is not as unexpected as they might suppose.

    “At the moment all that waste is sitting on the surface at Sellafield, in storage conditions that were designed 50 years ago.”

    The other storm that is brewing – and taking up protesters’ energy – is the search for shale gas and the controversial technique, known as fracking, which involves pumping water, sand and chemicals into rock at high pressure to extract the gas.

    “Shale is so tightly packed that that’s why the gas is still there after 300 million years,” he said.

    “But in the Bowland Basin in Lancashire, we have half a mile of this shale. That is four times the thickness of what they have in the US, where it has become almost the complete source of gas for them.”

    Protesters believe fracking poses ‘huge risks to the environment’.

    But Professor Styles, who was one of three experts commissioned by the British Government in 2011 to write an independent review after the technique was blamed for causing two tremors in Blackpool, says it is safe, if carefully controlled.

    “In Stoke-on-Trent in the UK we regularly get bigger earthquakes caused by old mine workings flooding,” he said.

    “That is not to say that felt earthquakes are not a disturbance but properly monitored fracking need not generate felt earthquakes at all.”

    He said protesters’ fears about water pollution were also unfounded.

    “We have the best regulated industry,” he said. “If INEOS ChlorVinyls in Runcorn tip a single can of coke down their waste, they exceed their discharge rate.

    “That is how regulated we are in the UK.”

    He said one of the chemicals, which would be mixed with the sand and water, was a detergent similar to washing up liquid.

    “Someone washing their car doesn’t think twice about pouring that down the drain,” he said. “And paint brush cleaner is awful stuff but again people will be tipping that into their drains,” he said. “Do they think their drains don’t leak?”

    Companies drilling for shale gas have been told that fracking must not be carried out within 2,000ft of a watercourse.

    “The fracking is actually taking place at 3km down,” said Professor Styles. “Which is most likely to cause contamination?”

    He added: “If people want to object, it should not be on spurious, scientific grounds.”

    Britain is believed to be sitting on vast reserves of shale gas. How much of it will be accessible is still open to debate.

    “The UK is more densely populated than America so that doesn’t help,” he said.

    “I can tell you whether it is technically feasible and the developers, to get it out, will have to decide if it is economically possible. And if it’s not, they won’t do it.

    “But the hardest issue with almost all of these major issues, such as Radwaste, Carbon Sequestration and most recently shale gas, is persuading people to let you and that can be government, local authorities and local pressure groups.”

    And therein lies the problem.

    “In the olden days, you got your heat and power from your surroundings,” said Professor Styles. “You went out and cut peat or chopped down trees.

    “The invention of the National Grid was a wonderful thing but it distanced everybody from the source of production. It distanced people from the realities of what actually went on.

    “Everyone wants energy but they don’t want to live next to it, apart from a roaring log fire.”

    Professor Styles said he was disappointed with those who were quite happy to accept gas from countries which were unregulated.

    “Leaking pipelines bringing the gas from Siberia have a higher carbon footprint than burning it in the UK,” he said.

    “If people are making a point that shale gas will leak more than conventional gas, they need to be aware of that. We might as well take that same volume of CO2 and pump it straight into the air.

    “We want our gas but they have our problems. Global change doesn’t know about boundaries. It won’t stop the climate warming here.

    “Not only that, but it’s not ethical to believe that it is okay for others to bear the brunt of environmental problems which are due to our energy demands.”

    He said shale gas was better for the environment than coal in terms of the amount of harmful greenhouse gases it produces.

    “It is half as bad as coal,” he said.

    Scores of companies have already been granted Petroleum Exploration and Development Licenses by the British Government to search, drill for and get petroleum and conventional, and what is mistakenly known as unconventional, gas such as coal-bed methane and shale gas.

    “These companies are contractually obliged to drill some exploration wells as part of those licenses,” he said.

    10 minutes read Issue 4
  • climate-changing-banner.jpg

    The climate is changing

    On the face of it, you would not expect one of the world’s leading environmentalists and the world’s third largest chemical company to share much common ground. But the climate has changed, as the former adviser to the UK Government Jonathon Porritt has discovered.

    Environmentalist Jonathon Porritt believes privately-owned companies, like INEOS, are now best placed to change the world for the better.

    He said they had the will, the desire, the know-how and a convincing business case to help combat climate change and other pressing sustainability issues.

    “The real leadership to create a sustainable world is coming from the private companies,” he said. “It is not coming from governments. At the moment governments are paralysed by their own mediocrity.”

    But he said governments could help by de-risking the flow of investments so that the capital markets could clearly understand what a sustainable world would really look like. That meant consistent policy-making, and using incentives to help frame capital markets for the long term.

    “Governments don’t just have a mandate to make things happen,” he said. “They are also there to stop bad things happening.

    “INEOS has shown a readiness to deploy its intellectual innovations. A pipeline of solutions to the sustainability dilemmas that we face today. INEOS is one of those companies in a position to respond to these opportunities.”

    Jonathon spoke to INCH magazine after drafting a report for the British Government on the future of industrial bio-technology.

    In it, he highlights INEOS’ ground-breaking achievements in Vero Beach, Florida, home to the first commercial scale plant of its kind in the world that is capable of turning a range of waste into advanced biofuel and renewable power.

    His report – published on January 22 – is aimed primarily at industry to encourage it to think differently, rather than government ministers.

    But that said, Jonathon agrees Government must still play a part.

    “I am not recommending more regulations, but they can make a big difference,” he said, “especially on major issues like climate change.”

    Jonathon said that INEOS, like all big chemical companies, was still ‘addicted to oil’, but that it had a good track record in many areas.

    He was referring to INEOS’s involvement in The Natural Step, a global sustainability initiative, originally launched in Sweden, to provide a rigorous scientific framework for the changes that need to be made in our economy.

    INEOS and Norsk Hydro were approached as two of the of the world’s largest producers of PVC.

    “That involvement was critical,” said Jonathon.

    At the recent European plastics summit in Germany, Jonathon praised INEOS – and the plastics industry as a whole – for what they were now doing to help create a more sustainable future.

    “Those endeavours give a lie to the image many people still have in the European Union of plastics as an on-going environmental horror story of unparalleled proportions,” he said during his speech to the PolyTalk summit in Wiesbaden.

    He said the extraordinary wealth of new ideas coming from all the industries that relied on plastics – cars, electronics, health, farming, packaging, energy, lighting and construction – also gave him hope of a better, brighter future.

    His comments were warmly welcomed by Dr Jason Leadbitter, Sustainability and Compliance Manager for INEOS ChlorVinyls.

    “PVC is often singled out among the other plastics, and not always for the best of reasons so it was extremely encouraging and heartening to receive such praise,” he said after the summit.

    During his talk, Jonathon explained that the difficulty facing the plastics industry would be convincing those outside the industry.

    There was a serious credibility problem because of the way the industry had often behaved in the past.

    But he said he also understood the frustration at environmentalists who were completely preoccupied with the past, rather than the future.

    However, he said the plastics industry needed NGOs (non-governmental organisations) because they had earned the trust of society, which allowed them to act as intermediaries in complex, controversial debates.

    “Deep down, if we don’t work more effectively together, the prospects for the industry are much less good than they might be,” he told the summit.

    But Jonathon was not without criticism of the role of the NGO. He said he often felt deeply frustrated at the way NGOs sometimes abused that trust, especially in the UK where he blamed some NGOs for whipping up people’s NIMBY (‘Not in my back yard’) tendencies, particularly regarding new waste management technologies.

    “If they deployed a fraction of this energy to direct people’s attention towards a much more integrated, sophisticated approach to managing waste in our society, we’d be in a very different place,” he said.

    As chairman of The Natural Step in the UK, he said he had experienced some of these difficulties when working with INEOS and Norsk Hydro on an initiative to define exactly what a ‘truly sustainable PVC industry’ would really look like.

    “Some NGOs thought it was inappropriate to be even having this discussion,” he told the PolyTalk summit. “They felt it was impossible to articulate a genuinely sustainable vision for the future of PVC. They saw it as a ‘contradiction in terms’, and eventually walked out of the dialogue.”

    Yet that Natural Step initiative led eventually to the development of Vinyl 2010, a voluntary 10-year commitment to look at what the plastics industry could do about PVC not just in the UK, but across Europe.

    “The good thing about Vinyl 2010 was that it was indeed voluntary, but that it also had teeth,” said Jonathon.

    “A huge number of initiatives don’t have any teeth so it’s easy for companies to sign up to them because there are no consequences while they just sit around and do nothing.”

    Since then, the plastics industry has gone even further and signed up to VinylPlus, which has set even more ambitious targets for sustainable development.

    During his interview with INCH, Jonathon said that the legacy of ill-feeling and antagonism between business and NGOs was partly an historical problem.

    “In the past, industry and NGOs always seemed to be at loggerheads, with one confrontation after another,” he said.

    “Today most NGOs are happy to work with businesses if they feel the business understands what they are trying to achieve.”

    He told INCH magazine that even as recently as 10 years ago, companies had struggled to understand the concept of sustainability.

    In the 1990s, ‘greenwashing’ was also prevalent with many top-end companies making spurious claims to please their customers by appearing environmentally-friendly.

    “There were some companies who flirted outrageously with sustainability but it was never consummated,” he said. “This was a serious matter because it led to intense scepticism, and people then thought they were being conned on green issues.”

    That had now changed, he said, and there were three good reasons why companies were now becoming more sustainable, and realising it made good financial business sense to ensure their companies had the resources to compete more sustainably in the global markets.

    He said the three key drivers for more sustainable wealth creation were government regulation, consumer expectation and industry innovation.

    He went on to say how impressed he was at how many businesses were now waking up to the difficult challenges ahead, and facing up to their responsibilities.

    “Politicians are there to win short-term votes, but businesses are in it for the long-term,” he said.

    However, he did express some regret that, although consumers talked a lot about sustainability, they did not always shop with their consciences.

    “That can be very frustrating,” he said. “But more sustainable companies can still hope that their consumers will eventually reward them in the right way.

    “However, sustainable products should not be more expensive because that just won’t work.”

    12 minutes read Issue 4
  • debate-banner.jpg

    Debate: Is Climate change a disaster waiting to happen or a technological challenge that can be overcome?

    Scientists are warning that record-breaking ice melt in the Arctic is part of a worrying trend – and the clearest sign yet that society needs to act to tackle climate change. But is climate change a catastrophe waiting to happen or a technological challenge to be overcome? What are some of the world’s leading lights saying?

    Yes:

    1. Climate change is everyone’s business. For the case of global warming, we should take action, but most of the action that people are suggesting will not address the problem, and so we have to get the energy policy right. It has to be based in science and engineering and technology. There are two things that are really important. One is there’s an enormous amount that can be done with energy efficiency and conservation: better automobiles, better insulation in homes. The second thing that we need to do, and this is equally important, is to recognize that natural gas emits one-third the carbon dioxide of coal.
      Richard Muller, senior scientist at US Lawrence Berkeley National Laboratory

    2. While climate change poses significant global challenges, it also provides strong incentives for research and development and creative problem-solving to help cities and communities anticipate and adapt to its impact. Countries that are more successful in these endeavours will be better positioned to address their own national challenges, provide green technologies and solutions to other countries, and thrive in a changing world. Singapore is actively investing in this area and positioning itself as a test-bed for new technologies and business models that can provide green solutions to the world.
      The National Climate Change Secretariat, Singapore

    3. It’s a catastrophe happening. We’ve already broken one of the largest physical features on the planet (the Arctic, which has melted with horrifying speed) and badly damaged another (the oceans, which are 30% more acidic than 40 years ago). he technological challenges of dealing with it (converting quickly to renewables) are small compared to the political problem of dealing with the fossil fuel industry, which so far has blocked change at every turn.
      Bill McKibben, American environmental activist

    4. Some changes to our climate are inevitable given the historic build-up of emissions in the atmosphere, but fortunately, many technological solutions exist for reducing greenhouse gas emissions. While these technologies come with a price, it is far outweighed by the cost of inaction. Financing these technologies, however, remains a challenge. New sources of finance, such as the carbon markets, are required to mobilise the necessary investment and financial flows to address climate change.
      The Carbon Neutral Company, London


    No:

    1. Based on the evidence currently available, it is premature to consider geo-engineering as a viable option for addressing climate change. The priority is, and must be, to tackle the root cause by reducing emissions of greenhouse gases from human activities and adapting to those impacts that are unavoidable. Mitigation of climate change, by reducing emissions and protecting natural carbon sinks, remains the surest way of increasing our chances of avoiding dangerous climate change in the future. Some, including scientists, have suggested that in the future geo-engineering may have a role to play in supplementing our efforts to mitigate climate change. However, for most techniques, current understanding of the costs, feasibility, environmental and societal impacts is limited.
      The Department of Energy & Climate Change (British Government)

    2. Alarmist messages concerning climatic change are generally counterproductive and raise more skepticism than a desire to act. However, the impacts of a changing climate will have significant repercussions on environmental (water availability, ecosystems) and socio-economic (agriculture, health, energy) sectors, with sharply contrasting regional differences and implications for the poorer segments of our societies. Technological and economic measures are thus required to implement adaptation strategies that will alleviate the more negative impacts of a warming climate to which we are currently committed.
      Professor Martin Beniston, Director, Institute for Environmental Sciences, University of Geneva, Switzerland

    3. We do not know what negative and positive effects climate change will have around the world in the next 100 years. Many climate scientists have exaggerated the potential risks due to global warming. While magnifying the possible hazards as a result of warmer temperatures, many ignore the possible economic and health benefits of moderate warming. There is no reason to believe that developed societies won’t be able to cope with any climate changes nature may throw at us. While past societies were extremely vulnerable to climatic stress factors, hightechnology cultures are much more sheltered from likely temperature changes as a result of technological adaptation and societal mitigation.
      Dr Benny Peiser, Director, The Global Warming Policy Foundation, London

    4. Short political cycles discourage long-term thinking, particularly where upfront costs may be high. But tackling climate change can help accelerate economic and energy transformations, drive revolutions in technology, and spur creation of new production models. It can drive the creation of new goods, services, jobs, and exports. This, though, requires engaged citizens and bold, far-sighted leaders.
      Helen Clark, chairman of the United Nations Development Group

    7 minutes read Issue 4
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    Tricoya harvests INEOS’ expertise

    The trade in tropical hardwoods, such as mahogany and teak, has long been seen as a major reason for the destruction of the rainforests. Some of that demand could soon change thanks to INEOS’ teaming up with a small, innovative Anglo-Dutch company. 

    INEOS has formed a partnership with an Anglo-Dutch company whose innovative technology could help to prevent the need to use hardwood taken from the world’s rainforests.

    It has signed a deal with Accsys Technologies Plc, a small AIM-listed quoted company, which has developed a ground-breaking technique to turn soft wood, harvested from fast-growing, sustainable forests, into a resilient long-lasting wood, with properties at least as good as those of tropical hardwoods.

    “I think the world as a whole recognises that these forests cannot be chopped down anymore, and our unique technology will contribute to reversing the need for tropical wood from rainforests,” said Paul Clegg, chief executive officer of Accsys.

    “We want to have licensed operators using our technology all over the world. It may take a while. It may be a lofty ambition but we think it is very possible.”

    INEOS’ role in the new company, Tricoya Technologies Ltd, will be to use its vast experience, excellent global connections and expertise in licensing technologies to sell the Tricoya acetylation technology to the world.

    “Without INEOS, we would have got there in the end but it would have taken longer”, said Paul.

    “A lot of people have great ideas but what counts is the successful implementation of an idea.

    “INEOS’ involvement will make the difference and increases the likelihood of its successful execution.

    “It will accelerate the roll-out of Tricoya, and INEOS also has contacts in markets, such as China, India and Russia, which we don’t.”

    Negotiations between the two companies to exploit a market, worth about €60 billion a year, began about 18 months ago.

    INEOS was excited by what Tricoya could offer the world and how its patented technology could revolutionise the wood-panel market. Accsys needed a partner with a global reputation for excellence.

    “It can be a very long process to convince markets that you have the better product and have the breakthrough technology,” said Pierre Lasson, general manager at Tricoya.

    “INEOS will be able to speed up that process by bringing its expertise to support this innovative technology.”

    What INEOS offers is effectively ‘third party validation’, which money cannot buy.

    “People are more inclined to believe those who have bought a product or use it, rather than a company itself,” said Paul.

    Together the two companies will combine their strengths to develop the manufacture and sale of Tricoya’s engineered wood products. 

    What is special about the Tricoya technology is that it opens up new horizons for products, such as MDF, which itself revolutionised the industry in the eighties.

    For although MDF was hailed as the ultimate in versatility and reliability when it was first commercialised in 1980, its weakness was that it absorbs water like a sponge, rendering it useless outdoors or in wet, ‘hostile’ environments. 

    “If you put it in a bucket of water, it turns to mush,” said Paul.

    Tricoya retains all the positive things about MDF but it does not retain water, which means it does not warp, swell or rot. Instead the process improves the wood’s durability and stability, turning it from a soft wood panel into a wood panel with class 1 durability properties and with a 50-year guarantee for external use above ground.

    “What is especially unique about Tricoya is its resistance to water which means it can go where no other soft wood has ever gone before, into new markets where traditionally other products – such as PVC and aluminium – have been favoured,” said Paul.

    That is likely to please, and benefit, the construction industry – often rewarded for using sustainable materials – and wood panel manufacturers whose margins are low because their products are so cheap.

    “We can help them to create higher value products, which will give them a better return,” said Paul. 

    The other beauty about Tricoya is that it consumes carbon dioxide. When the tree is harvested, the carbon is captured and because it doesn’t rot, it holds the carbon.

    “Even when our product does reach the end of its shelf life, it can be burned for energy,” said Paul.

    The release of carbon dioxide into the atmosphere is currently giving Canada a thumping headache.

    Huge swaths of its forests have been hit by an outbreak of mountain pine beetle, which are killing millions of trees. Researchers believe that by 2020, the pine beetle outbreak will have led to the release of 270 megatonnes of carbon dioxide. 

    On March 5th Tricoya was named Product of the Year by Sustain Magazine.

    Video

    Tricoya harvests INEOS' expertise

    00:00

    “Obviously the award does bring kudos,” said Paul. “But kudos doesn’t put food on the table.

    “What it does do, though, is validate our process and products because it says that someone else agrees with what we are saying.”

    It is the Joint Venture with INEOS, though, that has given Accsys the biggest cheer.

    “Tricoya is our baby but what appealed to us about INEOS was that it has all the attributes of a larger company, but unusually it is a privately-owned company,” said Paul.

    “It is fast acting and has a real interest in fostering sustainable ideas. And that is an unusual mix.”

    Paul said trust and confidence had also played a significant – and important – part in Accsys’ decision to ‘share the spoils’ with INEOS.

    Peter Williams, chief executive officer of INEOS Technologies, said he was looking forward to the joint venture accelerating the commercialisation of the new process around the world.

    “Tricoya offers the building industry valuable new options for the application of high performance, cost-competitive and more sustainable wood-based materials,” he said. 

    “Our skills complement those of our partner, and together we will realise important synergies for the new company.”

    7 minutes read Issue 4
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    INEOS adds up benefits of smart refinancing deal

    INEOS has once again shown its ability to move quickly to make the most of an opportunity. Its latest decision to take advantage of favourable loan markets has just saved the company $140 million a year in interest payments.

    Finance director John Reece said the perfectly-timed deal would now mean significantly lower annual interest costs, which helps retain more money in the company to develop the business.

    In a note to all staff, chairman Jim Ratcliffe described the latest refinancing deal as a ’very successful outcome’.

    “The financial markets have become increasingly favourable during the course of this year,” he said.

    INEOS is now paying 4% interest on its $3 billion term loan instead of 6.5%. “That is the largest interest rate fall of any loan refinancing by a company this year,” said Jim.

    In addition INEOS raised $2.4 billion of new debt, in a mixture of loans and bonds, and paid down $2.4 billion of older more expensive debt.

    Credit analysts believe that INEOS is taking advantage of the loan markets to keep costs as low as possible so that it can weather the storm of any potential downturn.

    Whatever happens, it was another shrewd move by INEOS, which last year made history in the financial world when it achieved the largest-ever covenant-lite loan for a European company and the largest globally since the credit crunch began in 2008.

    That move in April 2012 was described as a ‘staggering achievement’ by financial analysts.

    “You really have to take advantage of the credit markets when they are there because they are very cyclical,” John told INCH magazine last year.

    Malcolm Stewart, a partner at Ondra Partners, a long-standing adviser to INEOS, said the timing had been perfect.

    “They nailed it,” he said.

    Standard & Poor’s raised its rating on the company to B+ from B, noting a “resilient” 2012 performance in North America that “largely offset” difficult European results.

    2 minutes read Issue 4
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    INEOS Marathon raises €100,000

    INEOS raised €100,000 for a UK children’s charity in April through sheer mental and physical determination.

    The 43 runners representing INEOS were among the 34,631who lined up at the start of the London Marathon, now viewed as one of the most iconic sporting events in the world.

    But more impressive still is that everyone from INEOS crossed the finish line – and, in the process, managed to raise 100,000 Euros for the National Society for the Prevention of Cruelty to Children (NSPCC) and get a mention for the company on national television.

    Chris Woods, from O&P Europe, completed the course in three hours, 14 minutes and 41 seconds.

    For many at INEOS, it had been their first marathon.

    For others, though, including Chris, the 26.2-mile race had been just a warm-up exercise.

    Five weeks later, Chris, Jim Ratcliffe, Leen Heemskerk, Oliver Hayward-Young and Alessia Maresca then went on to complete the ultimate human endurance race, the 56-mile Comrades Marathon in Durban, South Africa.

    1 minute read Issue 4
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    INEOS to join forces with Solvay to create a world-class PVC producer

    INEOS signed a Letter of Intent (LOI) to combine its European chlorvinyls activities in a proposed 50-50 joint venture on May 7th. The combination of the two businesses would form a polyvinyl chloride (PVC) producer ranking among the top three worldwide. It would build on the strengths of both our companies’ industrial assets, the skills to enhance competitiveness.

    “This agreement will result in the creation of a truly competitive and sustainable business that will provide significant benefit to customers such as reliable access to PVC,” said Jim Ratcliffe, “The newly combined business, which will be of world scale, will be able to better respond to rapidly changing European markets and to match increasing competition from global producers.”

    The agreement provides the mechanism under which INEOS would acquire Solvay’s 50% interest in the joint venture between four and six years from its formation, after which INEOS would be the sole owner of the business.

    1 minute read Issue 4
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    INEOS Nitriles and Tianjin Bohai Chemical Industry Group Corporation to form Joint Venture

    On 22nd May, INEOS Nitriles and Tianjin Bohai Chemical Industry Group Corporation signed a non binding Heads of Terms. The agreement set out their intention to form a 50/50 Joint Venture, to build and operate a 260,000 tonne Acrylonitrile plant located in Tianjin, China. It is expected that the plant, which will be designed using the latest INEOS process and catalyst technology, will be completed by the end of 2016.

    Rob Nevin, CEO of INEOS Nitriles said, “This is an important investment for the Nitriles business in Asia to support our customers’ growing needs across the region. We are very pleased to be building this new facility with Tianjin Bohai Chemical through the formation of the Joint Venture. Our partnership is set to bring considerable value to both companies and their customers. Bringing together our proprietary Acrylonitrile technology, with Tianjin Bohai Chemical’s expertise and advantaged feedstocks, presents a formidable combination.”

    This is the second Joint Venture project INEOS has announced in China this year. In March INEOS Phenol initialled a joint venture agreement with Sinopec YPC. Both Joint Ventures bring together our world leading technology with a strong Chinese partner. They will add up to a total investment across all partners of more than $1 billion.

    1 minute read Issue 4
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    INEOS Barex AG is to buy the Polyacrylonitriles Business from Mitsui Chemicals Inc

    INEOS Barex AG has signed a binding agreement to acquire the Polyacrylonitriles (PAN) Business from Mitsui Chemicals Inc. The agreement brings together complementary capabilities of both businesses and secures the long term supply of PAN resin and Zexlon film to customers across Asia.

    CEO David Schmidt says: “The transfer of this business into INEOS Barex AG provides a very close strategic fit. The agreement is good news for all parties involved. Most importantly it will provide significant benefit to customers through ongoing, reliable access to Barex®, PAN resin and Zexlon film”.

    INEOS Barex AG continues to invest in its Barex® business to enhance product quality and expand available capacity to meet the growing needs of new markets in pharmaceutical, medical, cosmetic, and personal care packaging.

    Barex® is a specialised acrylonitrile-methyl acrylate copolymer that has both US Pharmacopoeia and FDA clearances for medical and pharmaceutical packaging. The chemistry behind Barex® makes it readily convertible into film, sheet and bottles on standard equipment using extrusion, injection and calendaring techniques.

    1 minute read Issue 4
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    INEOS strikes gold at Seal Sands

    Apprentices sometimes left floundering in unfamiliar roles are now being turned into world-class performers.

    And they have INEOS to thank for that.

    INEOS Nitriles discovered the haphazard approach to training when they acquired the Seal Sands site on Teeside in the UK in 2008.

    They found that the training of new starters and apprentices was ad-hoc and disjointed and that limited refresher training was available for existing production technicians. All the training was also carried out by members of staff in addition to their main jobs.

    INEOS knew that to get the best out of the site, it first needed to get the best out of the staff and that meant creating a dedicated team of trainers whose sole job would be to improve the skills of its chemical workforce.

    The company brought together four experienced process co-ordinators with in depth knowledge of their individual plant areas.

    Initially they focused on assessing, retraining and re-certifying all the existing production technicians to ensure everyone had a basic understanding and ability.

    It was time-consuming but it provided the four trainers with a clear idea of future training needs.

    From the HR database, they also discovered that 70% of the existing production technicians were due to reach state retirement age within the next 10 years.

    Since that initial assessment they have introduced a new refresher programme – which is delivered on and off shift – to maintain skill levels, transfer INEOS knowledge from other INEOS Nitriles’ sites and integrate any changes to the plant or processes.

    They have also developed 32 basic initial training sessions which all new starters attend before they move on to their specific plant training. To ensure that the training is up-to date and relevant, a quality control system has been set up with the support of site specialists.

    INEOS was so proud of the group’s achievement – and plans – that the Middlesbrough site commissioned The National Skills Academy Process Industries to audit its training process.

    The result? INEOS Nitriles’ training programme at the site has now been awarded the Cogent Gold Standard, which sets the skills benchmark for world class performance.

    “We are obviously delighted that our commitment and hard work has been recognised,” said Dave Hart, training and development manager at Seal Sands.

    “The fact that we can now use the Gold Standard logo on our correspondence and the INEOS logo is on the Cogent/ NSAPI Roll of Honour is a reflection of the great commitment to on-site training which INEOS have shown since taking over the Seal Sands site.”

    But the hard work doesn’t end here.

    Dave said they were now keen to move on to the next stage.

    “We plan to have our internal site training verified as a recognised qualification by an external awarding body,” he said.

    2 minutes read Issue 4
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    Going the extra mile to attract very best graduates

    Companies know they need to go the extra mile in today’s fiercely competitive world if they want to attract the very best students.

    At the INEOS sites in Belgium, they physically go the extra mile.

    Every year a few company engineers and HR staff from INEOS and a select group of other companies board a special train that stops at all the main university cities in the north of Belgium.

    At each stop, engineering students, who are in their final year, are encouraged to board the train to meet and chat to potential employers about opportunities.

    The job train – as it is known – is laid on by ie-net, a network of alumni from all the major engineering faculties in Belgium.

    Lunch is laid on for all the company representatives and students so that there is plenty of time for networking.

    The train has now been running for three years.

    And for INEOS, it has been worth catching, particularly to enhance students’ awareness of INEOS as a key employer in the Belgian chemical job market.

    “Over the past two years more than 300 engineering graduates have been introduced to INEOS this way, and that has led to good candidates joining INEOS,” said personnel and communications officer Katrien Poppe.

    1 minute read Issue 4
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    INEOS JV set to build the largest Phenol plant in China

    INEOS has embarked upon a joint venture with a leading Chinese petrochemical company to design, build and operate the largest-ever phenol production plant in China.

    Once built, it will be capable of producing at least 400,000 tons of phenol every year to serve the rapidly growing Chinese market for this valuable raw material.

    The deal with Sinopec Yangzi Petrochemical Company was struck earlier this year.

    Harry Deans, CEO of partners INEOS Phenol, said it was the largest capital investment ever made by INEOS in China.

    “This mutually beneficial partnership is an important development for INEOS Phenol and INEOS in China,” he said.

    “Combining a strong, local partner like Sinopec YPC with our phenol technology and access to the market will bring considerable value to our business and to our customers.”

    The plant, which is expected to become fully operational by the end of 2015, will also be able to produce 250,000 tons of acetone – another valuable raw material used in everyday products – and 550,000 tons of cumene every year.

    Dr Ma Qiulin, CEO of Sinopec YPC, described the joint venture as an important partnership.

    “Our established presence, competitive edge and cumene technology, combined with INEOS’ leading phenol technology, puts us in a strong position to meet growing demand for downstream petrochemical products in the region,” he said.

    INEOS is already the world’s largest manufacturer of phenol and acetone with sites in Germany, Belgium and America.

    This will make it the only manufacturer in the world to have phenol and acetone production sites in Europe, America and Asia.

    The path was cleared for the project to proceed in November last year when the Chinese Ministry of Environmental Protection approved INEOS and Sinopec’s Environmental Impact

    That approval, which followed a detailed analysis, was viewed as a major step forward towards the formation of the joint venture.

    The plant will be built on the Nanjing Chemical Industrial Park in Jiangsu Province – at the heart of China’s largest market for phenol and acetone.

    With China now the world’s fastest growing market for phenol and acetone, it is expected that the new plant in Nanjing will free capacity at INEOS’ European and American plants so that they too can meet growth in those regions.

    Sinopec, which is China’s leading producer of phenol and acetone, currently has three production sites in Shanghai, Beijing, and Tianjin.

    2 minutes read Issue 4
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    Tarkett builds solid foundation for PVC flooring as Riflex flexes its renewable muscles

    THE future of PVC flooring in Sweden has never been better – thanks to INEOS’ biggest customer in Scandinavia.

    Tarkett is now selling PVC flooring that is free from phthalates, a type of plasticiser that has long been at the centre of controversy.

    Not only that, but the company’s PVC flooring has become the first to receive the blessing of a well-respected trade association in Sweden.

    The Swedish Byggvarubedömningen lists Tarkett’s iQ Granit on its database as a product that it recommends.

    The BVB, as it is known, evaluates all building materials to allow the construction industry to make environmentally-sound choices. So far its experts have evaluated more than 7,000 products but new ones are being added continuously.

    Approval for Tarkett’s PVC flooring is also good news for INEOS which currently supplies the company with its PVC every year.

    Meanwhile, Swedish company Riflex Film AB, another of INEOS’ customers, has developed a range of products using a new plasticiser that is based on renewable resources.

    Managing director Magnus Jörsmo said the investment was part of the privately-owned company’s quest to become Europe’s leading producer of niche speciality PVC films.

    INEOS supplies Riflex with polymers produced at INEOS ChlorVinyls in Stenungsund.

    1 minute read Issue 4
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    A Balanced View

    Andy Currie has been a director of INEOS for the past 13 years. As one of the INEOS Capital team he has been instrumental in shaping and progressing the company’s successful growth strategy. Here he talks to Tom Crotty about INEOS, its balanced portfolio of businesses, its future growth and why it was able to weather the full brunt of the European crisis. 

    Video

    INEOS Capital interview

    00:00

    Tom: When you think about INEOS’ growth, some would suggest that it has been opportunistic.
 Do you think that’s fair?

    Andy: Historically, I think that’s pretty fair. As you know, in our early days, particularly in the first five to 10 years of INEOS, we were always looking at orphaned assets from blue chip majors that were available, unloved and probably undermanaged and that became our target area. Since the big acquisition of Innovene in December 2005, times have moved on. We have been through some pretty difficult market conditions, but our emphasis these days is much more on running the day-to-day business, getting it more and more efficient and ensuring it’s soundly financed for the future, but with the occasional acquisition. However, those have been very much strategic acquisitions. Seal Sands is a great example of that, where, essentially, we have been able to take over an asset which was struggling, change its costs base, improve its efficiencies and generally turn it around using the whole expertise that we have in the group. A more recent example would be the acquisition of Tessenderlo ChlorVinyls business by Kerling which, again, is going through that same type of progress.

    Tom: And what specific benefits have come from that approach?

    Andy: The great benefit is that we have the expertise in house. We have lots of people with a great variety of skills in running these operations efficiently. In the case of INEOS Nitriles, we are the largest producer in the world, our technology is all over the world in many, many plants so we have a lot of core expertise in the plants and technology, and we can then bring that to bear in how to run these plants very efficiently and very effectively.

    Tom: And what about portfolio products. What does that do for us?

    Andy: Essentially we are in many sectors within the chemical industry. The primary benefit of that is that we have robustness of earnings, and robustness of sales, particularly when times are difficult. Because, of course, being in commodities you inevitably have to deal with quite
sharp cycles, so having a wide variety of businesses and applications across different end markets brings with it a natural protection in those bad times. And we have seen that. Obviously the 2008/2009 major downturn – almost meltdown in many ways – was the ultimate test of that. In those days our position was that nearly a quarter of our sales was in the consumables arena. This was very valuable because people continue to need food and this requires packaging which was valuable to us along with other products used in the likes of pharmaceuticals, cosmetics or even soap powers.

    Tom: So, whilst we have got a great balanced portfolio of products, you cannot really say that about our geographic balance?

    Andy: No. That’s pretty fair. Although, having said that, look at our recent track record. Our profitability has been moving more and more towards 50/50 between North America and Europe, and when we go back to about six years ago, just after the Innovene transaction, about 70% was in Europe. It is not ideally balanced across the world but it is moving in a good direction. Obviously the US these days, with shale gas, is a very interesting market. But we are also keen to increase our exposure to Asia and our earnings in the region and that really is part of our underlying strategy going forwards.

    Tom: What are the main strategic challenges for INEOS moving forwards?

    Andy: One of our challenges is to get our debt down. We have made lots of progress. The refinancing is now thankfully completed so our next challenge is just to work at the portfolio, use the earnings but get our debt and leverage down to a lower level and at the same time look to fund growth.

    Tom: And what about growth? How do you see INEOS growing in the future?

    Andy: Our current main thrust, apart from those small opportunities around acquisitions, is that we are really looking at the US Gulf and
the US market generally to see how we can take advantage of the
recent arrival of shale gas. And the fact that you now have this major renaissance of the Gulf coast petrochemical industry and very low
cost ethane feedstock coming into the market. We already have a nice position there and one of our challenges will be to look at how INEOS can take advantage of that. That will be a focus of growth. The other major focus will be Asia, particularly China. Everyone is very familiar with our phenol project but there are others coming behind it. That will be Intermediates where we clearly have very strong positions in markets but also very strong technology positions, so we have something to bring to the table with the Chinese, which is very important.

    Tom: And how easy is it to achieve those same results when you work with the constraints of joint ventures?

    Andy: Inevitably joint ventures do bring a degree of complication. With two sets of shareholders – even with good alignment – it is more complex. You need to believe the benefits outweigh the disbenefits that come with that. If you take our suite of major joint ventures, we have obviously got the refining joint venture where clearly we have a massive partner, one of the largest companies in the world, now together with us in the refining industry, which is, as you know, very challenged today. But they bring their upstream capability of sourcing to the table, their financial muscle and they also have a very large trading capability in the whole arena so that’s where we see a very natural fit. If you take Styrolution, we have really put together two sets of assets to create the largest styrenics business in the world. There are obviously a lot of synergy possibilities of simplifying the business, reducing costs, and taking the best of both worlds. Joint ventures do work. It is not as straightforward as 100% ownership but, in terms of financing and what’s possible, it’s been very much on our agenda that we can achieve these joint ventures and we get a lot of benefits from them.

    Tom: And lastly Andy, around the INEOS Capital table, you have got Jim Ratcliffe supporting Manchester United, Jim Dawson Wolverhampton and John Reece Sunderland, where are your allegiances?

    Andy: Well, I must say I have kept my allegiances below the surface for quite some time. I can say it today, though, that I can just about put my nose above the parapet and say Sheffield Wednesday, who have now reached the glorious heights of the Championship as of next year so, yes, somewhat behind the rest of the pack but in recovery mode.

    15 minutes read Issue 3
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    Accidents Cast Long Shadows

    One only has to think of Texas city, Piper Alpha and the Deep Water Horizon to understand why INEOS puts safety as its highest priority. Incidents of such magnitude are thankfully very rare throughout the world but it is often smaller incidents that lead to the larger ones. Tackling these not only prevents injuries but also shapes people’s whole attitude to safety and the prevention of incidents.

    Most of INEOS’ accidents are slips, trips and falls – or in Köln’s case, hand injuries. The campaign to address these at the site has been so successful that it is now being adopted by neighbouring businesses.

    There’s a world of difference between listening and adopting. No-one is more aware of that than Jürgen Schmitz, whose job at INEOS Köln is to deliver the key messages about safety on site to almost 2,000 employees and 1,000 contractors day in, day out – and hope that they have listened and understood.

    “It’s not an easy task,” he says. “It can be challenging to find new ways to make safety topics interesting for the audience. But it is so important because safety is paramount on our site.”

    The number and severity of accidents on the 191-hectare site has constantly decreased in recent years. 98% of the accidents are behavioural related. Therefore, Jürgen and his team together with Holger Laqua, INEOS Oxide asset manager in Köln, decided to adopt a different approach and, for the first time, hired an advertising agency from Düsseldorf to help them develop an effective safety campaign.

    “It proved to be a stimulating undertaking,” said Jürgen. “We are safety engineers and somehow blinkered technical types and they are all very creative and out-of- the-box thinking guys.

    “So it was interesting to see and hear about safety interpreted by people who aren’t involved with safety issues every day like we are.

    “As such, they came up with very fresh ideas.”

    The advertising agency encouraged Jürgen, as head of the occupational health and safety department, and his team to think about safety from an employee’s viewpoint.

    Working together they created six different scenarios for a series of hard-hitting posters. Each of these focused on an area where accidents are most likely to occur.

    “Instead of hiring external people, we asked our employees if they would contribute as models for the pictures taken on site, in an environment that our staff would recognise,” he said.

    The result was immediate. Employees could see themselves in each hazardous situation and could clearly visualise the potential danger.

    So far three of the posters – all entitled ‘Accidents cast long shadows’ – have been unveiled. One shows an employee working in a confined space, another working at height and the third focuses on safe biking. The shadows in each picture reflect what could happen in the event of an accident.

    “Those are all typically dangerous situations on site and for the chemical industry itself,” said Jürgen.

    When each poster was launched, Jürgen and his team organised an interactive safety awareness day with simulators for employees to test their skills and knowledge. There was even a quiz with a prize.

    Jürgen says the trigger for the campaign was the desire to make staff think about safety in a new, unknown way.

    “It is all about psychology,” he said. “We want employees to stop for a minute and think before they start working.”

    So far, the feedback from employees and contractors to the poster campaign has been positive. The message, it seems, has not only been heard, but understood.

    In fact the campaign has been so effective and convincing that posters have been translated into Dutch, English, Italian and Norwegian to be used at other INEOS businesses
and sites.

    The campaign has also been praised by external organisations.

    “Local authorities were very interested in what we were doing and asked to share the posters with other chemical companies in Germany,” said Jürgen.

    On a personal level, Jürgen is proud of his team and what has been achieved so far.

    “They have had a lot of fun working on this campaign. But we are aware that we still need to push the rock – safety is a constant Sisyphus labour.”

    5 minutes read Issue 3
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    INEOS takes pride as basketball team net top trophy

    INEOS is a great believer in developing emerging talent – be it at work or play. The work the company does in attracting the brightest talent is well known among apprentices; its passion for supporting junior sports teams perhaps less so.

    But that support has helped BBC Nyon’s under 19s basketball team to win the Swiss National Championships.In fact the A team swept the board, also winning the Conférence OUEST de Basketball title and the Vaud’s cup.

    “The support of companies like INEOS is very important for sports clubs because we not only want to improve the standard of training but we also want to encourage a child’s passion for sport,” said club contact Josiane Chabbey. “We also believe that sport plays an important social role in a child’s life and helps to keep them on the right path.”

    INEOS Rolle, which started sponsoring the team at the start of the 2011/2012 season, is proud of its job on the sidelines.

    “We believe that we have a social responsibility to support the local communities where we operate,” said Rolle-based David Thompson, who is Procurement Director for INEOS Olefins and Polymers with a group responsibility for sponsorship.

    He said the club, which is regularly attended by about 200 children and also welcomes foreigners’ children, had used the money to invest in professional coaching and facilities and equipment for all the club’s junior teams.INEOS Rolle also sponsors Bursin/Rolle/Perroy soccer club, Nyon rugby club and Lausanne Hockey Club. “All focus the money we provide towards their junior teams,” said David.

    2 minutes read Issue 3
  • race-for-sun-banner.jpg

    INEOS Oxide race for the sun

    To be fair, the eight of them could have flown from Paris to Nice in under two hours.

    But that wasn’t the aim of the game in any of their books.

    Instead Kurt De Bruyn, Didier Audenaert, Johan De Veirman, Jan De Meyere, Patrick Staes, Chantal Bracke, Kathleen Vriesacker and Chris Vroman from INEOS Oxide wanted to take a slightly more scenic route and go by bike, because it fitted in with their yearly challenge that compelled them to get fit.

    The 1,155km route – known in the professional cycling world as ‘the race to the sun’ – began in earnest.

    It wasn’t meant to be a race, but rather a six-day endurance challenge with a strong team-building element.

    But since they are all quite competitive souls, there was a constant desire to go faster, especially on the hills.

    The biggest ‘hill’ facing them was the 21km climb to the top of the 6,273ft (1,912m) Mont Ventoux – the highest mountain in the Provence region of France – and one of the toughest cols to climb in France.

    It is also the stuff of legend, having claimed the life of British cyclist Tom Simpson who died from heat exhaustion within half a mile of the summit on July 13, 1967.

    Thierry Nordera from INEOS Lavera, which is not too far from the mountain, had joined his colleagues for the climb to the top of the col which they all reached in good spirits.

    From the top, you get a breath-taking view of the whole of Provence and the lunar landscape on top of the mountain is quite spectacular.

    The journey, though, was not without drama.

    Some days it was so hot that the road melted, others left the riders soaked to the skin, and one particular day the fog was so dense that it made the ride from the Col de Vence not only scary but exhausting.

    All were greatly relieved to eventually arrive in Nice.

    To celebrate, they enjoyed a hearty meal washed down with a few glasses of wine as they rested their weary limbs in a hotel overlooking Nice.

    The following day they boarded their support mini-bus, which had accompanied them on their journey from Paris to Nice, as they made their way back to Antwerp.

    The group, which has always been well supported by INEOS, said a future ride might be organised to link some of INEOS’ European sites.

    2 minutes read Issue 3
  • panda-project-banner.jpg

    INEOS supports historic panda project

    An historic project that will see the reintroduction of giant pandas into the wild has won financial support from INEOS Grangemouth and PetroIneos Fuels Ltd.

    The company has agreed to support the Royal Zoological Society of Scotland’s giant panda research for three years.

    As part of the conservation research project, two giant pandas are now housed at Edinburgh Zoo. They are the only animals of their kind in the UK and one of only three pairs in Europe.

    China confirmed that the two pandas could be brought to the UK on the same day that INEOS signed a letter of intent which subsequently led to the formation of a refining joint venture with PetroChina.

    Gordon Grant, CEO INEOS Grangemouth Services, said it was rather fitting that the sponsorship arrangement should also be agreed on that day.

    Andrew Gardner, commercial manager for PetroIneos Fuels, said the partnership with PetroChina would also bring tremendous benefits to INEOS’ refineries in Scotland and Southern France.

    1 minute read Issue 3
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    INEOS awards ground-breaking contract

    Cleveland Fire Brigade has won a multi-million pound contract to provide 24-hour emergency cover at INEOS Nitriles’ Seal Sands site.

    It is the first time the fire brigade has won a private sector contract but hopes this will be the first of many to help it safeguard local fire and rescue services in Cleveland amid sweeping British Government cuts in the public sector.

    “We’re over the moon that our social enterprise approach has scored its first big commercial success,” said Chief Fire Officer Ian Hayton.

    All profits will be used to fund dozens of community fire safety schemes over the next three years.

    INEOS said it was delighted with its decision to award the job to Cleveland.

    “Not only will we be receiving a high quality, professional service, but we are also delighted that profit will be used to provide vital community safety work that will make a positive difference to quality of life across Teesside.” said Jean Phaneuf from INEOS Nitriles.

    1 minute read Issue 3
  • world-tunes-in-banner.jpg

    The world tunes in for the greatest sport show on earth

    More than one billion people from all corners of the globe watched the Opening Ceremony of London’s Olympic Games on July 27.

    That was almost the entire population of China who tuned in to witness arguably the greatest sports show on earth.

    INEOS was watching too – for a host of reasons.

    As a company, it had been greatly cheered by the Olympic organisers’ decision to embrace PVC and all its magical qualities in creating the Olympic Park.

    As a company with manufacturing sites in Belgium, Canada, France, Germany, Holland, Italy, Norway, Sweden, UK and USA, employees of many nations were cheering for their own home-grown athletes.

    And for some, like Jerry Tweddle and Manfred Hartung, who both work for INEOS, it was deeply personal as their offspring British gymnast Beth and German fencer Max aimed to bring home gold during this summer’s Games.

    As INCH went to press, Max had narrowly failed to beat Hungarian Aron Szilagyi to win a place in the semi-finals of the men’s sabre event.

    But Beth went on to become the first British woman
to ever win an Olympic medal in individual women’s gymnastics. In a tense final at North Greenwich Arena, the 27-year-old earned a bronze medal after qualifying for the uneven bars final with one of the best routines of her life.

    Organisers of this summer’s London 2012 Games said it had taken weeks to prepare the Olympic Stadium in Stratford, East London, for the extravagant Opening Ceremony entitled Isles of Wonder.

    “We wanted to capture a picture of ourselves as a nation, where we have come from and where we want to be,” said Danny Boyle, London 2012 Olympic Games Opening Ceremony Artistic Director.

    The lighting of the cauldron in the 80,000-seater stadium with the Olympic flame signalled the start
of the 16-day event and the end of the 70-day torch relay, involving 8,000 torchbearers, that had begun at Land’s End in Cornwall on May 19 when Ben Ainslie, three times Olympic gold medallist in sailing, set off on the first leg of the 8,000-mile journey.

    During its epic relay, the flame travelled – apart from
on foot – by lifeboat, steam train, rowing boat, on horseback, via a zip wire, cable car and across Loch Ness, and passed a host of historic landmarks such
as Aintree Racecourse, The Eden Project, Caernarfon Castle, Stonehenge, Clifton Suspension Bridge, Trafalgar Square, Downing Street and Buckingham Palace.

    It was handled, among others, by former Olympic runner Brendan Foster, Jerry Tweddle’s daughter Beth, who is now considered Britain’s best-ever gymnast, and of course INEOS firefighter Craig Hannah.

    The torch had been tested in BMW’s climatic testing facility in Munich, Germany, to ensure it could withstand Britain’s changeable weather.

    And although the flame did go out due to a malfunctioning burner in Devon, it remained alight when it reached the highest point of all on the London 2012 Torch Relay – the 3,560ft (1,085m) summit of Snowdon in North Wales.

    In fact, the weather was near perfect when mountaineer Sir Chris Bonington, 77, who conquered Mount Everest in 1975, stood on the Welsh summit, holding the flame aloft.

    5 minutes read Issue 3
  • fired-up-banner.jpg

    Fired-up

    The Olympic flame was in exceptionally safe hands when it was passed to Craig Hannah on June 8.

    Video

    Craig Hannah with Olympic torch

    00:00

    For the 48-year-old, chosen to carry the flame through the Scottish city of Glasgow, has been a firefighter for years.

    Craig, who works at INEOS’ Grangemouth site, said there were no dramas on the day – apart from the drama of the occasion, that is.

    “I was on cloud nine that day,” he said.

    The flame, which Craig carried for half a mile before handing it to the next torchbearer, had been lit from the sun’s rays in Greece 29 days earlier.

    “When you think about it, it’s awesome,” said Craig. “You’re holding a flame that’s come all that way.”

    Lord Sebastian Coe, who is chairman of the London 2012 Organising Committee, said the flame symbolised the Olympic spirit and its journey around the UK had brought the excitement of the London Games to the streets of Britain.

    That’s certainly what Craig had hoped to see – and witnessed – when he took to the streets.

    “It was good to get the kids excited about the Olympics and to encourage them to do sport because you hardly see younger ones out and about these days,” he said. “They all seem to be at home on their computers.”

    Craig had been chosen as one of the UK’s 8,000 torchbearers after being nominated by brother-in-law Jim Blaikie for his work in the Bo’ness community.

    “It was very humbling to know that I was chosen out of so many people who were nominated,” he said.

    Craig is a well-known pillar of the Bo’ness community.

    He has run a music project for young people in Bo’ness called Cozy Blanket for about 15 years. And many local children and bands use the studio, which is kitted out with equipment.

    He’s also a church elder at St Andrew’s, plays drums in local band Hunter and volunteers as a first response contact with the ambulance.

    “It’s good having a job where you work shifts because it allows me to facilitate all the voluntary stuff,” he said.

    Those who missed Craig in Glasgow later found him – and the Olympic torch he carried through the Scottish city’s streets – at the Bo’ness Children’s Fair Festival on June 29.

    Video

    Nick Rogers: Sailing and the Olympics

    00:00

    7 minutes read Issue 3
  • pvc-banner.jpg

    PVC flexes its muscles

    INEOS doesn’t have a habit of shouting about its achievements from the rooftops but maybe it should. If you are looking for a company that touches almost everything we do INEOS really is the word for chemicals.

    INEOS has been helping to break world records, shape world events and create world champions for years.

    As a company, it’s deeply proud of those achievements but there the accolades seemingly end.

    For few others - outside the industry - are perhaps aware of the massive contribution that PVC makes to the world of modern sport.

    “It’s an amazing material,” said Jason Leadbitter, Sustainability and Compliance Manager for INEOS ChlorVinyls.

    “It is cost-effective, long-lasting, easy to maintain and a highly versatile construction material with a favourable environmental footprint.”

    That said, Jason said that sadly some would always be institutionally racist against PVC.

    “It will always be seen by some as the bad boy of plastics, which really grieves me,” he said.

    Fearing that the organisers of London 2012 might buckle under pressure from environmental groups such as Greenpeace and ban PVC from
the Olympic Games – just as the Australian organisers in Sydney had done in 2000 – he, along with other industry representatives, arranged to meet Dan Epstein, Olympic Delivery Authority’s head of sustainable development, about five years ago to make a case for using PVC.

    “All we asked for was a fair hearing,” said Roger Mottram, Environmental & Regulatory Affairs Manager for INEOS ChlorVinyls and chairman of the British Plastics Federation Vinyls Group. He also attended the meeting.

    “And that’s what we got. He was very good to us.

    “He told us that just as the athletes would be expected to raise the bar on performance, he wanted the industry to do the same.

    “He wanted us to set new standards and innovate.

    “We just wanted the chance to prove we could. And that’s essentially what we intend to do.”

    When the London Games officially opened on July 27, more than 142,000 square metres of PVC had been used to create the venues – including the aquatics centre – for the biggest sports’ show on earth.

    Athletes competed in arenas with PVC floors and some relied on equipment made from PVC.

    The thousands watching as the events unfolded sat under PVC canopies, protected by PVC barriers.

    That’s not to mention the miles of PVC pipes and electrical cables that had been laid before the Opening Ceremony, which attracted a worldwide TV audience of over one billion people.

    “PVC was in use almost everywhere you looked,” said Roger.

    And the reason for that is simple. In short, PVC can withstand pouring rain, raging seas and blazing sunshine, which is good news when one considers Britain’s unpredictable summers.

    Those who think, though, that the Olympic Delivery Authority simply caved in under pressure from the PVC industry and gave it an easy ride, should think again.

    Aware that the use of PVC is a contentious issue, London 2012’s sustainability group published a policy in 2009 outlining the use of vinyl in the Olympic Park.

    Video

    PVC in sport

    00:00

    “We wanted to use the opportunity of hosting the London 2012 Olympics to work with the industry to set new standards,” said Dan Epstein.

    “We wanted to help move the industry towards a more sustainable manufacture, use and disposal of PVC fabrics.”

    He said the stringent controls and audit processes had been put in place to ensure that where PVC was used, it was done in an environmentally- friendly way so that much of it could be recycled or reused.

    David Stubbs, head of sustainability on the London Organising Committee of the Olympic Games and Paralympic Games, said recycling was important because London 2012 had more temporary venues than at any previous Olympics or global event.

    All those temporary structures are due to be torn down and recycled when the Paralympic Games come to a close on September 9.

    The PVC will be separated from other materials such as natural textiles, metal and rubber and then recycled or reused.

    The proposal is to use some of the PVC at the 2014 FIFA World Cup in Brazil and it is hoped that once the basketball arena has been dismantled that it may be reused at the 2016 Rio Games.

    The policy, which was drawn up by London 2012, also insisted that all materials had to:

    • INCLUDE at least 30% recycled content;

    • 
BE manufactured in accordance with The European Council of Vinyl Manufacturers’ Industry Charter; and

    • MEET standards for effluent discharges and vent gases and must not contain lead, mercury or cadmium stabilisers.

    Richard Jackson, principal sustainable development and regeneration manager of the Olympic Delivery Authority, spoke of lessons learned in a report, entitled Learning Legacy.

    He said despite initial concerns about the policy, the plastics industry had broadly welcomed the approach and said that it had actually stimulated the supply chain to innovate a non-phthalate PVC, which was used in a number of the building wraps.

    The policy, he said, had also recognised the PVC industry’s voluntary code, Vinyl2010, which during its 10-year lifecycle had exceeded its own targets on recycling and made good progress in phasing out various additives.

    INEOS had been heavily involved in Vinyl2010’s commitment to look at what the industry could do about PVC across Europe and had made a significant financial contribution to its success.

    Last year the European PVC industry – buoyed by the success of Vinyl2010 – went even further and signed up to VinylPlus, a new 10-year voluntary commitment.

    “With VinylPlus we have put in place some new, more ambitious targets for sustainable development,” said Jason.

    All the targets have been indirectly set by stakeholders following a consultation.

    “This means we can really address the areas that are perceived to be issues,” he said.

    Their plan is to:


    • RECYCLE 800,000 tons of PVC every year by 2020;


    • PHASE out lead stabliser additives by 2015; and


    • REDUCE the amount of energy used in the production of PVC.

    “We’re trying to find ways to make people more aware of the benefits of PVC but also show that we’re making progress on environmental sustainability,” said Jason.

    At a press conference in London in June, Roger launched a British Plastic Federation brochure PVC in Sport to show how critical PVC had become to the world of high performance sports.

    “These are exciting times for sporting events and PVC will play its part,” he said.

    The brochure also highlighted the criteria that the Olympic Delivery Authority had set in its PVC policy for London 2012.

    Roger said he hoped it would help to spread the message about the sustainability of PVC.

    “The UK PVC industry has undergone a transformation after a period when the material was effectively labelled a public menace,” he told journalists.

    During a recent interview with British Plastics and Rubber Magazine, Roger spoke of the importance of events like the Olympics to PVC.

    “If a lot of PVC is used in big projects like the Olympics and can be shown to meet the very strict sustainability criteria, then we hope that it will encourage others to follow suit,” he said.

    “What we’ve shown is that PVC can be recycled and that it can, and is being, responsibly produced at a very high standard.”

    Jason said one of the main aims of VinylPlus was also to make stakeholders aware of the contribution PVC made in modern life.

    “PVC is incredibly versatile and used in many everyday items that people take for granted,” he said.

    The group is also promoting a new study which compares the full cost of PVC against other materials.

    “In the current economic climate, where the public sector is under pressure to make savings, we want to show that you can save millions on council budgets if you use PVC products.” he said.

    15 minutes read Issue 3
  • running-for-gold-banner.jpg

    INEOS keeps athletes in the running for gold

    Carbon fibre stands to revolutionise the way we all live, work and play. And in many ways, it already has. One only has to watch sprinters competing in the Paralympic Games on carbon-fibre blades. INEOS Nitriles supplies the world with acrylonitrile, the core ingredient needed to make carbon fibre.

    No-one will forget the sight of American sprinter Dennis Oehler break the 12-second barrier in the 100-metres at the Seoul 1988 Paralympic Games in South Korea.

    For it was the first time the world had seen carbon fibre springs in action.

    Those carbon-fibre blades, which have since revolutionised track events for disabled athletes, are today an iconic symbol of Paralympic sport.

    And for INEOS Nitriles – the world’s largest producer of Acrylonitrile – it’s yet another reason to feel mighty proud.

    Acrylonitrile – a chemical from the cyanide family – is an essential ingredient in the manufacture of carbon fibre.

    Without it, the world would not have carbon fibre, and without carbon fibre many important, new developments would simply not be possible.

    Barry Slater is global sales director of INEOS Nitriles.

    “It is an incredibly exciting area to be working in,” he said.

    “The biggest challenge is that carbon fibre is expensive – it’s a lot more expensive than steel - but it’s starting to find its way into many premium markets.”

    Take the Boeing 787, America’s state-of-the-art medium-sized, aircraft, which was launched late last year. Its carbon fibre structure has led to a reduction in weight with co2 emissions being slashed by almost 20% compared to existing aircraft.

    The people behind the aircraft are Toray, a Japanese company that is now considered the world number one in the manufacture of carbon fibre. The people behind Toray are INEOS, which has secured the rights to supply Toray with Acrylonitrile for the Boeing 787 fleet.

    And so far Boeing is believed to have already received orders for more than 800 aircraft from airlines around the world.

    “It is fantastic for INEOS,” said Barry.

    In the meantime, though, attention is, for now, focused on the Paralympic Games which open in London on August 29.

    There, carbon fibre has played a significant role in the dramatic increase in performance for disabled athletes and it is the properties of the material that make it ideal for prosthetics.

    For a start it is about five times as strong as steel. It
is stiffer but much lighter. It is made up of strands of carbon, thinner than a human hair that are twisted together and then woven like cloth to make a carbon fibre layer.

    Each running blade is made up of more than 80 layers of carbon. Each layer is added one at a time over a mould, by hand. It can take one person two hours to lay the carbon for a single running blade. Pressure and heat are then applied to fuse and harden the carbon layers. It is the moulding and the setting that is the interesting bit.

    One athlete competing using carbon fibre running blades will be 100m World Champion Heinrich Popow who almost set a new European record when he ran the 100 metres in 12.43 seconds at Berlin on June 15.

    “It was the perfect start to the season,” he said. “And I now cannot wait for London.”

    At London 2012 he will be competing in the 100 metres and the long jump.

    But it is the 100 metres where he hopes to take home the gold medal to Germany.

    “It’s all about the 100 metres and I don’t want to finish second,” he said.

    He also hopes his performance will help to raise the bar for all Paralympic sports.

    “For me it is clear that all competitors for the Paralympic Games are acknowledged as athletes in their own right, not for their disabilities,”
 he said.

    Heinrich, who had once dreamed of becoming a professional footballer, said it had taken time to learn how to run fast with a prosthetic leg, but the secret had been to never give up.

    “Sport is the most important thing in my life,” said Heinrich, who was just nine when doctors discovered a tumour in his left calf and told him that his leg had to be amputated.

    “No matter whether I win or lose, I don’t give up. I stick with it. I want to encourage other people with my success and show them that there is always an opportunity, even in the biggest setback.”

    Also competing at the London 2012 Paralympic Games on a carbon fibre running blade will be Kelly Cartwright. The International Paralympic Committee believes Heinrich and Kelly are two of the athletes to watch this summer.

    “I believe you can do everything that you want to do in life regardless of whether you have a disability or not,” said Kelly.

    “I am asked quite a bit about the things that I can’t do because of my disability but the only thing that I can think of is wearing high heels.”

    7 minutes read Issue 3
  • ineos-excels-banner.jpg

    INEOS excels come rain or shine

    INEOS Oligomers produces some amazing materials, including Poly Isobutylene, a phenomenal product with a myriad of uses that most ordinary people would never be aware of. One extraordinary man, who was aware, was Richard Schabel who not only discovered Poly Isobutylene but used it to help him become a world champion.

    Paralympian Richard Schabel’s chances of a gold medal literally slipped out of his hands at the Sydney Olympics in 2000.

    The British discus thrower, who is unable to grip with his hand, had used a glue-like substance to help him hold on to it until its release.

    But the pine resin-type substance he had been using melted in the palm of his hand in the blistering heat.

    “It meant the discus was so slippery that I couldn’t grip it,” he said.

    Disappointment led him on a quest to find a product that would perform at its best – come rain or shine.

    That search led him to Indopol H18000, a product produced by INEOS Oligomers.

    “He had already tried a sample of it and knew it worked, but he wanted to speak to the manufacturer to source a larger, regular supply,” said Ian Purvis, account manager INEOS Oligomers.

    Ian was happy to oblige.

    “We could certainly see why it would work, if not how it would work,” he said. “Indopol H18000 is one of the tackiest products in the market and provides excellent adhesion to almost any surface and its hydrophobic properties means it would not be affected by rain or sweat.”

    The product – although not a ‘glue’ in its own right – worked wonders.

    “It made a massive difference to my performance,” said Richard who went on to become the world No.1 discus champion.

    “It was consistently good, which meant I could train better. And on the day of any competition, it meant it was one less thing for me to worry about.”

    But it took time for Richard to perfect his throw using the substance, which he applied to three fingertips and the palm of his hand.

    “I have got no control over when the discus is released so if you have got too little on, the discus can slip out of your hand too early,” he said. “And if you put on too much, it comes out too late.”

    What helped Richard, though, was that the product retained its tackiness, which meant he just had to work on his timing.

    Sadly Richard, who is now 54, will not get to put it to the ultimate test after failing to qualify for the GB squad for this summer’s Paralympics in London.

    He’s disappointed but he will be watching from the sidelines.

    And having completed the London Marathon four times, he knows the difference a home crowd will make to the British athletes.

    “There will be an extra buzz for all of them because they will be competing in front of a home crowd,” he said.

    “I remember the noise being deafening in Beijing, so hopefully they will see that too in London.”

    Richard, who broke his neck in a car accident when he was 21, had already had a sneak preview of the London 2012 Olympic Stadium.

    He – along with scores of athletes – had been invited to take part in a test event inside the 80,000-seater stadium.

    Although Richard has not made the GB squad, one who will definitely be watching Britain’s Paralympic discus throwers will be Ian.

    “It is a shame that Richard won’t be among them,” said Ian. “But on a personal level, it’s wonderful that we have been able to help Richard.

    “And from a business perspective, it’s always fascinating to find new and interesting applications for our products because it helps us to understand how we can help businesses create new products, using our materials.”

    Almost 80,000 tons of Poly Isobutylene is produced at INEOS Oligomers’ site in Lavera, France, every year.

    It’s known as ‘PIB’ for short and is a clever little chemical that can be found in everything from cosmetics, to ‘blue tack’, to motorbike oil to cling film. It even puts the ‘chew’ in chewing gum.

    “There is nothing like it on the market,” said Ian Purvis, Account Manager for INEOS Oligomers, who has been selling PIBs for 11 years. “It is a phenomenal product with a myriad of uses that most ordinary people would never be aware of.”

    INEOS provides the chemistry, and different processes are then used in the production activity that results in different grades of Poly Isobutylene. Some emerge as free-flowing oils, some are more sticky with a honey-like consistency and others finish off as very tacky, rubber-like materials.

    “All the ‘magic’ basically goes on in the polymerisation phase,” said Ian.
 Some of INEOS’ biggest customers are film producers (supplying farmers with silage wrap), and producers of adhesives and sealants.

    Ian said PIBs had been around for years so it was operating in a mature market where every possible use had, in the most part, been exploited.

    That’s one of the reasons why Ian said he was so thrilled to be contacted by Paralympian Richard Schabel.

    “Most people who call me for samples are producers,” he said. “It’s rare we get to speak to someone who actually uses the end product.

    “Whilst this really is the ultimate niche market, it illustrates well how we work. Listening to stories like this helps us to understand how we can develop new business and create new products using our materials.”

    10 minutes read Issue 3
  • debate-2-banner.jpg

    Debate: The Olympics - a sustainable legacy or expensive extravagance?

    Britain has so far spent £9.3 billion on hosting this year’s Olympic Games. UK Prime Minister David Cameron believes the Games will deliver a lasting legacy to the city of London. But others might beg to differ, most notably Greece, which blames hosting the 2004 Games in Athens for its current massive debt crisis.

    So what are the Olympics: a sustainable legacy or an expensive extravagance?

    Legacy:

    1. The Olympics will revitalise local sport in Britain for generations to come. The legacy of sports in schools, where we have got half the country’s
schools taking part in a schools Olympics. And the least tangible of all,
which is the inspiration people will feel when they see great British athletes, 
whether rowing in a race, riding on a bicycle or running on the track.
It’s well-known that this has a transformational effect. You can have any
number of Government summits about sport in schools, but the sight of
Sir Chris Hoy or someone like that has people in the shops saying ‘I want
to buy a bicycle, I want to get on my bike’. That’s the bit you can’t touch,
but it is very, very powerful and I think it can bring the country together.
      David Cameron, British Prime Minister

    2. The legacy of the 2012 Olympics has preoccupied us almost as much as
the event itself. Which is as it should be. When we invest so much in a two-
and-half-week festival of sport, we expect to reap some longer-term benefits.
Having said that, legacy is a problematic word, because it has so many elements to it. First there is the material legacy left behind in the shape of
venues like the velodrome, the aquatic centre and the Olympic stadium itself.
Then there is the cultural legacy, the impression of Britain that visitors take
away with them. But the most important part, in my opinion, is the human
legacy. British sport will receive an unquantifiable but powerful boost from
the fact that the Olympics will be in the foreground of everybody’s thoughts.

      Sir Steve Redgrave, five-times Olympic gold medallist

    3. Notwithstanding the massive social benefits from staging the Olympics, there has already been great investment into an area of London in desperate need of rejuvenation. East London is characterised by rising levels of child poverty, not opportunity and promise. This is no ‘circus’. This will have a long-term effect on the area and on the British economy.
      Charlie Edwards, founder and editor of Political Promise

    4. The Beijing Olympic Games were in many ways the most extravagant games ever held. Stunning new stadiums were erected that have themselves become
tourist sites. Large parts of northern Beijing (a city where land is expensive
and scarce) were devoted to Olympic athletic, recreational and housing 
facilities. All this went well above budget, even before one counts the cost
of the magnificent opening ceremonies. But what the city gained was an
enormous investment in its basic infrastructure and in its public spaces.
 New subway lines began to criss-cross a city that had become paralysed
by vehicular traffic. New highways were added, as ring-upon-ring roads encircled the central city. A stunning new airport terminal, larger than all 
of Heathrow, and perhaps the most beautiful on earth, opened to coincide 
with the Olympics, and new parks were built across this otherwise grey city.
      William Kirby, professor of Chinese Studies, Harvard University

    5. The 1996 Summer Games had a tremendously positive effect on Atlanta’s urban landscape. Without the incentive of hosting the Games, who
knows if an excellent public space like Centennial Olympic Park would have been constructed in our city centre. The park is a centrepiece in Downtown Atlanta’s revitalization efforts as several major high-rises, museums and attractions have been built on its periphery. It still serves 
as an amazing event space. Yes, the Olympics are costly, but they can
help create a more sustainable urban environment for the host city.

      Dahshi Marshall, urban planner, Atlanta Regional Commission

    Extravagance:

    1. No one knows how much the Olympics cost Greece, although many think it played a major role in producing
the debt that spurred the country’s economic downfall. As one of the smallest countries to host the event, the Greeks still speak of 2004 as a defining moment, when the country crackled with optimism, confidence and pride. But Athens’ Olympic Park is no testimony to past glories. Instead, it is indicative of misplaced extravagance, desolation and despair.
      Helena Smith, The Sydney Morning Herald

    2. The Olympics was all about consumption in order to capitalise on the Olympic phenomenon and create advertising spots to sell products. For us it was catastrophic.
      Manolis Trickas, Councillor in the Athens suburb Hellenikon

    3. There is no doubt that hosting an Olympic festival produces a large measure of civic pride. When a host city is placed before the television, the eyes of two thirds of the world’s population, the event becomes a magnified public relations and advertising phenomenon. But civic pride aroused from such an endeavor is fleeting and the monuments built for the spectacle in the form of stadiums and sporting venues shortly become little more than ghostly reminders of once glorious days. In point of fact, the historical record of long-term benefit from Olympic-related sports facilities is one indelibly burdened by maintenance and operation costs that rise well above user-fee revenue.
      Robert K Barney, International Centre
for Olympic Studies at the University
of Western Ontario in Canada

    4. The evidence from past Olympic Games hardly suggests that there’s a resounding economic gain from being the host city. Montreal’s 1976 Olympics left the city with $2.7 billion of debt that it finally paid off in 2005. A city looking for an economic boost would be wise to not host the Olympics.
      Andrew Zimbalist, economist, Smith
College, Massachusetts

    5. Economists generally find that local organisers and sports boosters routinely exaggerate the benefits and underestimate the costs of hosting major events such as the Olympics.
If a city is using an expectation of a financial windfall as justification for hosting the Olympics, past experience suggests that the host will be in for a rude awakening.
      Victor Matheson, economist, College of Holy Cross in Worcester, Massachusetts

    8 minutes read Issue 3
  • clothed-in-success-banner.jpg

    Clothed in success

    Who would have imagined that clothes – once worn because they were cheap – would today be leading the way in high performance clothing? But that’s the score. And one that both INEOS and Dralon are exceptionally proud of – for very different reasons.

    Men and women of a certain age will remember nylon and acrylic.

    The synthetic fabrics were popular in the seventies. Nylon didn’t crease and it dried quicker than cotton, and acrylic was bulky and warm.
And both were cheap.

    But in time, they became products to avoid.

    Barry Slater, global sales director for INEOS Nitriles, remembers those days well.

    “Synthetics were considered the poor alternative to natural fibres,” he said. “Their performance and ‘feel’ were worse, but, they had their own place in the market.”

    Then something changed. They changed. Like all athletes, they worked on their performance.

    “That’s the good thing about synthetics,” said Barry. “Because they are man-made you can actually play with their properties. You can adjust the mix of the chemicals, you can change the characteristics so that they can compete with natural fibres. And sometimes you can make them even better.”

    And that’s what Dralon, the world’s largest producer of dry-spun acrylic fibres, did, drawing on INEOS’ piped supply of Acrylonitrile to make it happen.

    Dralon and INEOS share a site in Dormagen, near Köln, which makes life easier for both companies to do business.

    Every day more than 200 tons of Acrylonitrile, the principal raw material needed for the manufacture of acrylic fibre, are piped to Dralon where magical things have been happening for years.

    “A lot of development has been done there over the years,” said Barry.

    “Acrylic, for instance, is a lot softer now. It used to be so strong that jumpers would begin to pill. A lot of work has been done to make the fabric weaker so that the little balls of fluff now fall off.”

    The result is that today, world-class athletes swear by both nylon and acrylic clothing to enhance their performance.

    Little wonder. Today’s acrylic fabrics are clever. If you’re cold, it keeps you warm, and if you’re hot and sweaty, it does something about it. It soaks up the moisture, wicking it away from the body, and transports it up and out so that it evaporates.

    That’s unlike cotton, which, when it gets wet, becomes heavy, leading to blisters on feet. The same applies to denim and why you should never go hiking in it. It gets wet and heavy in poor weather.

    “Cotton actually becomes almost round when it is exposed to water and sweat,” said Manfred Borchers, head of marketing and sales worldwide for Dralon.

    Tests have also shown that nylon dries 60% faster than cotton, with acrylic performing even better – at 75%.

    Socks hold their shape and jackets retain their thermal properties even when they are wet.

    Dralon produces 188,000 tons of dry and wet spun acrylic fibres every year at its two German plants. Those fibres are then made into a multitude of high performance clothing including socks, sweaters, T-shirts, ski wear and hats.

    “Our dry-spun fibre doesn’t absorb any moisture at all,” said Manfred.

    The Acrylonitrile industry is now a more than five-million ton industry.

    “INEOS is the global number one maker and marketer,” said Barry. “And we ship it across the world.”

    INEOS Nitriles’ top five customers include Dralon, Chi Mei, the world’s largest manufacturer of ABS plastic in Taiwan, and Turkish company AKSA, one of the world’s largest acrylic manufacturers.

    It also supplies Acrylonitrile to Japanese synthetic fibre maker Toray Industries, the world’s number one in the manufacture of carbon fibre, which – given time – stands to revolutionise the way we all live, work and play.

    “Carbon fibre is effectively roasted acrylic fibre,” said Barry. “But it’s an amazing material.”

    One only has to look at the iconic Lotus bike that British cyclist Chris Boardman rode to victory at the 1992 Barcelona Olympics.

    The acrylic fibre industry, meanwhile, is not as lucrative as it once was.

    “It used to produce two and a half million tons a year but it’s now two million due to the fact that polyester, which is cheaper, is competing with it,” said Barry.

    He said it was one of the reasons why the acrylic fibre industry had opted to specialise in the high performance sportswear market. It needed a niche market and it found one.

    For INEOS Nitriles, the use of Acrylonitriles in the manufacture of plastics used in IT equipment, domestic appliances, like Dyson and car interiors, is an area that is growing.

    As a business though, when the stars line up, INEOS Nitriles can turn over about £3 billion a year.

    “We have some incredible customers because we have very strong manufacturing of Acrylonitrile,” said Barry. “We own the technology.”

    The demand for all fibres, though, is growing. Today’s 35 million ton total fibres market is forecast to grow to 70 million tons by 2020 as economies develop.

    As the earth’s land resources are limited and stretched to provide food for the growing population, nearly all of this growth in fibre will come from synthetics.

    “That could be good news for acrylic.” said Barry.

    Marriage made in heaven

    Köln is considered to be the home of acrylic fibres and Acrylonitrile in Europe.

    What today is INEOS was then BP. What today is Dralon was then the acrylic fibre unit of Bayer AG.

    In the late 1950s, BP and Bayer agreed to build a naphtha cracker in Dormagen to cover

    the increasing demand of Bayer for petrochemicals’ derivatives. Around that cracker,

    downstream products – building block chemicals – such as Acrylonitrile were installed.

    “A big part of the available propylene was transformed into Acrylonitrile and a huge portion of that was, and still is, today fed by pipeline to Dralon,” said Manfred

    Borchers, head of marketing and sales worldwide for Dralon.

    “In doing that, a very sustainable supply chain was installed way ahead of today’s ongoing discussions of what is sustainable and what is not.”

    Today INEOS is a global industry leader in the Acrylonitrile business. Dralon is still global number three producer in the acrylic fibres world despite increasing competition from the Far East where fibres are mainly being processed.

    12 minutes read Issue 3
  • timed-to-perfection-banner.jpg

    Timed to perfection

    INEOS’ big goal for this year had been to refinance the remainder of its borrowing when the time was right. Never one to miss an opportunity, INEOS deemed the time was right in April.
 And it seems others couldn’t agree more.

    INEOS made history in the financial world in April

    Buoyed by the markets’ response at the end of January to what it could offer investors, it went back as planned to refinance the remainder of its borrowing and achieved the largest-ever covenant-lite loan for a European company and the largest globally since the credit crunch began in 2008.

    “It was a staggering achievement by the company,” said Michael Moravec, head of European high-yield syndicate and co-head of EMEA leveraged finance origination at Barclays, global co-ordinators of the financing alongside JPMorgan.

    “It eliminated all INEOS’ near-term maturities, took refinancing risk off the table and converted its entire debt structure away from maintenance covenants to simple incurrence covenants.”

    He said the upshot of that – maintenance covenants are much more onerous for companies, especially in cyclical sectors such as chemicals – is greater freedom and flexibility for INEOS to operate.

    “Management can now concentrate on what it does best, which is managing a chemicals business,” he said.

    Elsewhere, reaction to the refinancing package was equally as positive.

    Euroweek, the leading weekly newspaper for the global capital markets, said INEOS had shown its clout as
a borrower.

    “INEOS was able to switch at the last moment to where the pricing was keenest,” Oliver West, a leverage finance reporter, wrote in an article published at the end of April.

    But it was also about timing, as INEOS Finance Director John Reece had forecast when he spoke to INCH magazine in March, after INEOS successfully refinanced a large chunk of its borrowing in January – a year before it needed to.

    “You really have to take advantage of the credit markets when they are there because they are very cyclical,” he said.

    Malcolm Stewart, a partner at Ondra Partners, a long-standing adviser to INEOS, said the timing had been perfect.

    “They nailed it,” he said.

    “The initial deal had been so robustly received by the markets at the end of January that INEOS went back to the markets very quickly.”

    INEOS also knew the window of opportunity offered by the markets would not be open for very long – and management was right.

    Within a month, interest rates had risen by 1%.

    “When you are talking about a $3.8 billion refinancing deal, it’s a lot of money, which could be invested elsewhere in the business,” said Malcolm, who described the April deal as the ‘happy culmination’ of four years’ work.

    The revival in covenant-lite loans follows the search for ‘yield’ in corporate debt. With interest rates at an all-time low, investors want more for their money and borrowers want more leeway given the unpredictability of the global economy. Covenant-lite loans, which strip away some of the restrictions for companies, offer both.

    In April, INEOS Group held investor days in London 
and New York. CEOs from each of the businesses gave detailed information on performance and markets to give investors the opportunity to fully understand the company. It wanted to refinance its senior credit facilities – and extract the best terms – and to do so, it simply made best use of competing demand between US and Euro investors in high-yield bonds and loans.

    “The company initially came out with $1.5 billion in loans and $2.2 billion in bonds,” said Malcolm.

    “But every investor in the world knows the strength and depth of the US high-yield bond market and that it could have absorbed the entire refinancing.

    “So, initially showing a large high-yield bond gave every incentive to loan investors to submit large orders on tight terms.”

    In a smart move, INEOS surprised the market – almost at the 11th hour – by dropping the Euro high-yield bond component completely and reducing the US high-yield bond to just $775 million.

    Instead, it raised a $2 billion six-year, covenant-lite leveraged loan, a $375 million three-year covenant-lite loan and, the biggest surprise of all, a $500 million six-year covenant-lite leveraged loan.

    And there was more good news to come.

    INEOS’ successful refinancing also helped to improve its credit rating.

    Standard & Poor’s upgraded it from a B to B with a ‘positive’ outlook.

    “The rating actions reflect our view of INEOS’ resilient operating performance in recent quarters,” said Oliver Kroemker, associate director and credit analyst at Standard & Poor’s.

    And Moody’s Investors Service also changed its outlook on INEOS to positive. It said the refinancing would give INEOS more financial freedom, thanks to the removal of the covenant restrictions.

    Most of INEOS’ borrowing stems from 2005 when it took out a series of loans to buy Innovene from BP and many of those loans are now coming to maturity.

    John said INEOS could have looked for finance in the equity market instead of the debt market, but chose not to.

    “The difference is that one gives INEOS control; the other doesn’t,” he said.

    Malcolm said he understood INEOS’ reluctance to be anything other than a privately-owned company.

    “Public equity is not in INEOS’ DNA,” he said.

    “When you give the public shares, you give them votes and rights in how a company is managed.

    “As it stands, INEOS can manage its affairs, through the ups and downs of the chemicals’ cycle, in a way that best suits the company and its long-term needs, without having to worry about shareholders’ shorter-term requirements.”

    INEOS Group second quarter trading

    INEOS suffered a slowdown in the second quarter of 2012 – after an impressive start to the year.

    The Group reported that its earnings (EBITDA) for the second quarter were €308 million compared to €576 million (a quarterly record) for the same quarter last year – and down €157 on this year’s first quarter.

    Finance Director John Reece said “Before this INEOS had actually enjoyed a fairly strong April but the impact of steeply declining oil prices – the price fell from $123 per barrel to $94 during the quarter – adversely affected May and June’s historical cost results.”

    It meant that non-cash inventory holding losses of about €141 million were incurred during the second quarter, mainly in the Olefins & Polymers businesses.

    Chemical Intermediates reported EBITDA of €119 million compared to €267 million in the second quarter last year and €233 million for quarter one. Lower feedstock prices – combined with the general macro- economic uncertainty – had influenced sentiment in the chemical Intermediates businesses.

    INEOS Phenol was one of the better performers. The heavy industry turnaround schedule had maintained a strong supply side influence, which had led to healthy margins and volumes.

    And INEOS Oligomers also experienced steady demand and solid margins in all sectors.

    Volumes and margins for INEOS Nitriles, continued to be relatively weak, with subdued demand for acrylic fibre and ABS in the Far East and Europe.

    Meanwhile, INEOS Oxide’s performance was mixed. The demand for ethylene oxide in Europe held up but it had been offset by slow demand for glycols, especially in Asia.

    INEOS Olefins & Polymers North America reported EBITDA of €132 million compared to €163 million for the same quarter last year and €175m compared to Q1. The business had continued to benefit from the use of cheaper gas feedstock, which meant it could maintain good margins, and resulting in another record quarterly performance (before inventory holding losses).

    The American cracker business environment continued to strengthen with lower feedstock costs, boosting cracker operating margins during the quarter. And Polymer demand remained solid overall, with derivative exports filling the gap from weaker domestic demand as gas crackers remain very competitive globally. One of the crackers at Chocolate Bayou had a scheduled turnaround during the quarter, which was completed successfully.

    INEOS Olefins & Polymers Europe reported EBITDA of €57 million compared to €146 million for the same quarter last year and €57 million compared to Q1. Demand for olefins was moderate, with butadiene continuing to perform well. The large decreases in naphtha prices led to healthy cracker margins throughout the second quarter. But volumes had decreased with some customers destocking. The cracker at Rafnes, Norway, completed a major scheduled turnaround during the second quarter. Polymer demand was subdued, though, as customers anticipated lower prices in the wake of weakening oil and naphtha prices. Softness in the commodity polymer markets also resulted in low margins.

    In May 2012 the Group successfully issued $775 million Senior Secured Notes due in 2020 and a new Senior Secured Term Loan totalling $3,025 million. The net proceeds had been used to repay all of the remaining indebtedness under the Senior Facilities Agreement, together with accrued PIK interest and associated issue costs.

    John said INEOS Group would continue to focus on cash management and liquidity.

    INEOS’ net debt was €6.55 billion at the end of
June 2012. Cash balances at the end of the second quarter were €1,247 million, and availability under undrawn working capital facilities was €200 million. Net debt leverage was around 4.9 times as at the end of June 2012.

    16 minutes read Issue 3
  • safety-first-banner.jpg

    Safety First

    Last year INEOS’ safety record improved from 0.25 classified injuries per 100,000 hours to 0.21. It was the fourth year in a row that the company had been able to show continuous improvement. Steve Yee, Business Safety Health & Environment Manager, takes a look at the company’s approach.

    Communication works for those who work at it; so said British composer John Powell who has written the scores to more than 50 films.

    And in terms of its communication of safety, it’s an area in which INEOS excels. Some would say it’s become somewhat of an obsession, but with exceptionally good reason.

    INEOS operates in a hazardous business with potential to cause harm if control is not of the highest standards. This is why no job will ever be seen on its sites as so important that anyone’s wellbeing should be put at risk. And ‘anyone’ includes those living or working close to INEOS’ plants.

    Steve Yee is the man responsible for collating the Group’s safety reports.

    “If there’s an incident on any one of our sites, I will know about it,” he said.

    He often compares INEOS’ safety performance with similar chemical companies around the world.

    “Our ultimate goal is not to harm people, so understanding the statistics is only part of the solution to help us to achieve this goal. Understanding how to keep the chemicals inside the process is key to our business.”

    “What the figures do tell us, though, is that we can never become complacent, improvements are always achievable. It takes a long time to improve the safety performance and a short time for it to fall back. We can never take our eye off the ball for a second.”

    Last year, INEOS’ safety record improved from 0.25 classified injuries per 100,000 hours to 0.21. It was the fourth year in a row that the company had been able to show continuous improvement and it reflected the hard work and commitment that exists at every level to prevent accidents.

    Steve said, looking at human factors at work – and identifying how we can work on them to improve was a major focus of last year.

    “Most of our injuries are not chemically related,” he said. “Most are slips, trips or falls.”

    “Our performance is very good but we can never become complacent. If we are to continuously improve we must all critically assess what we do, avoid taking short-cuts and do the right thing even if it takes a little longer. It is about changing behaviours so that we all become increasingly more careful.”

    Key principles that will set the standard across the company – 10 based on human factors which we have named behavioural safety and 10 on process safety – these principles are all based on learning from incidents or ‘near miss’ safety alerts.

    Process safety

    1. The asset operating manager is responsible for its overall integrity

    2. The asset engineers are responsible for maintaining the asset and protective systems’ integrity

    3. The responsibilities in the organisation for defining and maintaining the correct operating envelopes must be clea

    4. Operating procedures and envelopes must be observed. Deviations must be reported and investigated

    5. Any changes must be properly risk assessed and subjected to MOC procedures

    6. Process hazards are systematically identified, risk assessed, reviewed and managed

    7. All assets must be subject to periodic inspection designed to ensure their integrity and the reliability of their protective systems

    8. Operations must always place the safe operation or shutdown of the asset ahead of production

    9. When in doubt the asset must always be taken to its safest state

    10. We have emergency plans based on assessed risks which are regularly tested

    Human factors

    1. We believe all incidents and injuries can be prevented

    2. Everyone’s first responsibility is to ensure they work safely

    3. Everyone has the duty to stop work if they feel the situation is unsafe

    4. The expectations and standards are the same for everyone on the site

    5. Rules and procedures must be observed and respected

    6. We should look out for each other’s safety and unsafe situations

    7. All injuries and incidents / near misses must be reported and investigated

    8. Risk assessment must be carried out prior to, during and on completion of work

    9. All team leaders have a special responsibility for promoting and upholding these principles

    10. We must always work within the limit of our competency and training

    Changing our behaviours, though, isn’t as easy as it sounds.

    “It can take years to change it but you can lose it within six months because people will do what they have always done,” he said. “People are human.”

    At INEOS, we expect the same high standards for everyone, whether they are employees, contractors or visitors. Not unlike the rest of the chemical industry we see a different incidence compared with employees. Over the years we have seen improvement, but we still wish to improve upon that.

    Like all Chemical majors, INEOS tracks and reports more than is required by local laws.

    “We see each ‘near miss’ as a warning sign, and a source of valuable information that we can learn from, whether it is in INEOS or in other companies,” said Steve.

    “We continuously improve our systems with the help of ‘near miss’ reports. By tracking, monitoring and sharing these across the Group, information from all ‘near misses’ helps to prevent actual incidents from happening. It is pretty obvious really. Waiting for accidents to happen is just not an option for us.”

    “Each incident that is serious or has content that is good for learning is reported as a SHE Alert and the findings are then issued to all businesses within the Group.”

    “These SHE (safety, health and environmental) Alerts could potentially help to avert similar problems at another site.”

    Improving Safety is a commitment that starts with INEOS Capital, through the Boards of each business and throughout the organisation.

    There is a chain of command through each business that ensures, by the end of the process, that every single employee will have been kept in the loop.

    “Each INEOS business is clearly accountable for its performance,” said Steve.

    “A lot of big companies operate in a different way to us. Other Chemical Companies may take a lot of direction and auditing from a central SHE organisation. My belief is that if you do that then you take away the responsibility and accountability from the people that can make the improvements. That won’t work.”

    So, as INEOS seeks to continue its improving trend and better 2011 performance, it is rolling out one of its most ambitious projects to date.

    To drive improvements in safety performance, Tony Traynor, the INEOS Group Operations Director led an initiative of the INEOS process safety management team to develop two sets of 10 key principles that will set the standard across the company – 10 based on human factors which we have named behavioural safety and 10 on process safety – these principles are all based on actual incidents or ‘near miss’ SHE Alerts.

    “They are based on best practice from across INEOS and from other chemical companies from around the world. We have taken a massive amount of information and consolidated it into something that people will understand and that will help us to go beyond the excellent performance we have seen this year.”

    When asked if 20 is too many, Steve is pretty clear. “I don’t think so. They are what they are. These key principles come from the knowledge we have acquired over the years, we believe they cover all incidents. Had someone followed these principles then all of the incidents we have seen in the past few years, be they INEOS or other companies could have been prevented. So I believe it is the right number.”

    Part of the problem for the chemical industry is, though, the perception of the public. It is just the way it is, hich is why we work hard to make sure that our local communities understand us and how our safety and environmental performance is continuously improving.

    “Most chemical incidents, large or small, make the headlines. Yet the chemical sector safety performance is far better than many other industries. That is a fact.”

    “Looking at the injury rates across many other manufacturing industries the chemicals sector is by far one of the best performers. Don’t get me wrong, there is always room for improvement. For me, even a single injury across the whole sector is an injury that could have been prevented.”

    “I know I can sleep at night because each of the Business Boards monitor the safety systems, procedures, people and emergency responses are all designed (and continuously checked) to keep the risk levels low. If there is a deviation from that I would see it in the safety reporting.”

    12 minutes read Issue 2
  • independent-thinking-banner.jpg

    Independent Thinking

    INEOS does business differently to others and it pays, especially when it comes to how the business is financed, as the first part of its refinancing deal – sewn up at the end of February – showed. John Reece, Finance Director, takes a look at INEOS financing and 2011 performance.

    Video

    John Reece talks about financing and the performance of INEOS

    00:00

    Sometimes it pays to be different

    Much has been written in the world’s media over the years about INEOS and its borrowing, but very little is written about the scale of the organisation, its growth, turnover or earnings (EBITDA).

    Yet INEOS’ business model has shown itself time and time again to work very well. It is absolutely right for a commodity chemicals business and means the company remains very much in control of its own destiny. In short, it is not answerable to short-term demands of public shareholders.

    John Reece says, “INEOS has always had a choice in how it chooses to fund its business. It could look for finance in the equity market or continue to use the debt market. The difference is that one gives INEOS control; the other doesn’t.”

    “To finance INEOS in the equity market would mean we would have to do an IPO,” he said. “And that would mean we would be faced with the typical IPO cycle – each quarter needs to be better than the previous quarter because that is what equity analysts and investors are looking for.”

    “And that is very difficult for a cyclical commodity chemical business, like ours, where we are more focused on long-term growth rather than quarter to quarter progression.”

    Instead INEOS has always taken the view that if the debt markets are open – and the prices are attractive – then it is a better and more efficient way to finance its business.

    And it’s worked well. INEOS has been operating that way for the past 14 years.

    At the end of February, INEOS successfully refinanced a large chunk of its borrowing a year before it needed to.

    The response from the financial market was better than expected. INEOS had hoped to raise about $1 billion in the bond market but the response from investors was so positive that INEOS decided to increase the amount it intended to refinance because the pricing was so attractive.

    “You do have to pick your timing but confidence in INEOS was high and we had very strong demand,” he said.

    Most of INEOS’ borrowing is from financial institutions and funds. It stems from 2005 when it took out a series of loans to buy the Innovene business from BP.

    Many of those loans are now coming to maturity over the next few years.

    INEOS’ big goal for this year is to refinance the remainder of its borrowing (or senior facilities agreement) which amounts to around €2.4bn – when the time is right. 

    “That’s certainly the plan,” said John.

    “We are obviously focused on the cost of the borrowing and we are trying to make sure we do it in a way that reduces our interest cost over time.”

    “But you really have to take advantage of the credit markets when they are there because they are very cyclical.”

    He said the improving US economy had helped the credit markets in America get off to a great start – and that’s why INEOS had gone out there at the end of January and refinanced the earliest slice of the debt which would have matured in 2013. We now have no significant term debt maturing until 2014. 

    Financing a business the way INEOS does, though, would not suit every business.

    “For a business that is cyclical and that has to be managed over a long time horizon, then it fits very well,” said John.

    “For other businesses where the objectives are different perhaps, such as a private equity-backed business looking for an IPO exit, it might be different.”

    John said INEOS would only ever consider changing the way it financed the business if the credit markets closed.

    “If we could not refinance the borrowing then that would be something we would have to think about but it’s hopefully unlikely to happen,” he said.

    A game of two halves - 2011 financial performance

    The year 2011 turned into a game of two halves for INEOS; the company had a strong first half, with two record quarters but after the summer Q3 was significantly slower and Q4 ended up as a very weak quarter.

    As a company, INEOS expects ups and downs that mirror the global economy. Most recently that has been difficult to predict from one quarter to the next, particularly in Europe.

    But the main reasons for the weaker second half lay outside of INEOS’ control.

    Apart from losses due to operational difficulties with the feedstock supply in Grangemouth, Scotland, and problems with a contractor in Koln, Germany, the company was hit hard by the Euro crisis and China’s decision to apply the brakes.

    “The trading environment in Q4 2011 was challenging,” said John Reece. “The global economic and political uncertainties did affect demand in a number of sectors.” 

    “And the Chinese government’s action definitely suppressed demand for some of our products in the Far East which led to declining product prices.”

    America, though, was a different story.

    While the Euro crisis affected businesses across the continent with many buyers seeking to reduce stockholdings – which, in turn, led to weakening demand and reduced operating rates – INEOS North American businesses were able to maintain its good margins because it continued to benefit from using cheaper gas feedstocks and an economy that was growing in confidence.

    Trading conditions were solid in North America and its margins remained above mid-cycle. Ethylene derivatives also remained competitive in export markets. 

    Overall, though, 2011 was a good year, with INEOS Group EBITDA at £1.7 billion – slightly up on the previous year. 

    And so far this year INEOS is doing well. 

    “The trading environment at the start of 2012 has improved significantly in comparison to Q4,” said John.

    “Over the entire business, the four-week moving average of weekly order volumes for the first four weeks of January was the highest it has been over the past five years.” 

    INEOS Olefins & Polymers North America’s margins have benefited from the increase in the price of polyethylene, the decline in the cost of ethane and a tightening supply position caused by a heavy plant turnaround season in the industry.

    All INEOS Olefins & Polymers Europe’s plants are running well and achieved substantial sales price increases in February.

    In chemical intermediates, all four major businesses have also encountered improved trading conditions.

    Phenol sales are 20% higher than December with improving margins from tight markets.

    Nitriles’ plant operating rates have risen from about 60% in Q4 to almost 100% in February, with prices continuing to move upwards in all regions and demand recovery continuing with supply limited by a heavy turnaround season. 

    Market conditions for the Oxide business continue to improve too and Oligomers remains solid with good volumes and firm margins.

    “It is encouraging,” said John “It puts us in a good position to go back to the markets later this year to complete our refinancing.”

    15 minutes read Issue 2
  • ineos-capital-banner.jpg

    INEOS Capital

    Jim Ratcliffe, chairman of INEOS, talks candidly to Tom Crotty, director INEOS Group, about 2011 and the first few months of 2012.

    Video

    Interview with Jim Ratcliffe

    00:00

    TC: We last met in November when you explained that, although the year had started well, by the end of it demand had softened, on the back of uncertainty in Europe. Did the year end as you had expected?

    JR: Yes. It was a quiet Q4 because of the Euro crisis and China’s decision to tighten its belt and all our businesses saw orders dry up. There was a lot of de-stocking going on around the world.

    We had similar Q4s in both 2009 and 2010 so it wasn’t a disaster, more of a disappointment because the first half had been outstanding. But the chemicals’ business does go up and down. We all know that.

    Over the course of the four quarters of 2011 it all balanced out to be a very comfortable year for us and Q1 of this year has started strongly.

    People are restocking and generally demand has picked up. America is going well and China has loosened its belt again. All in all we are quite pleased with Q1.

    TC: How was the safety performance for the year?

    JR: On the personal safety front we had a record year. Our safety statistic was .2 or .21, which was the best we’ve ever seen.

    That, in itself, was very good but more importantly we have seen four years of progress, which shows that the systems we have put in place are working well.

    We can safely say that we are probably now in the top decile of the chemical industry.

    But we know that Exxon is at 0.16 and we are at 0.21, which means we can always get better, that improvements can always be made until we get it to zero.

    The other aspect is process safety, which is more difficult to measure than personal safety because statistically there is not as much happening.

    But we scrutinise very carefully loss of containment, and any loss is always discussed at length in board meetings. We look very carefully at the SHE critical trips and alarms so that if we ever get to the last line of defence, or there is ever an issue with one of these chemical processes, we can do something to prevent a major problem.

    TC: In January you went to the financial markets to refinance borrowing. What was the response from potential investors?

    JR: Surprisingly good. January was still a particularly difficult month because we were coming out of the Euro crisis, people weren’t too sure because the Chinese had not come back from their New Year celebrations and, although we had seen some very positive signs coming out of America, we were still a little uncertain about how we would be received in the marketplace.

    But we were heavily over-subscribed. We were raising just less than $1billion but we saw over $5 billion of appetite. In the end we took out just over $1.6 billion. But one of our exercises for the rest of the year is to completely refinance the business.

    TC: Why was the demand to invest in INEOS so high?

    JR: Well, apart from the fact that they liked us obviously, and the presentations went well, INEOS has made a lot of issuances over the years. It has never let anyone down. We were severely tested in the crisis in 2008 and we obviously passed that test in the worst recession for the past 30 or 40 years.

    Since then, investors have done very little investing and now sit on a lot of cash. They know that if they put their money on deposit, they will earn almost nothing so they are looking for ways to invest it.

    The bonds that we issue are paying 8% so they see INEOS as a good risk. And so far – over many years – our bonds have always performed well. Obviously they go up and down. If you have a crisis, bonds dip down but they have always come back and we have never defaulted.

    INEOS’ performance has always been strong apart from Q4 of 2011, but the first half of 2011 was the strongest we’d ever seen it so we have obviously bounced back from the recession well and our vision for 2012 is quite positive. All in all it was a very, very good result and we were delighted.

    TC: Did it come as a surprise?

    JR: We were pleasantly surprised. But we thought it would go quite well, otherwise we would not have gone out there in the first place.

    There is an awful expression in America (sorry to all the US readers) called a ‘blowout deal’. It does not sit well within the English language but it was a ‘blowout deal’. Most of the money we raised was in the United States, in a market that is very strong. People are thinking very positively in America right now.

    TC: What does that now mean for the business?

    JR: As you know we want to finish the refinancing. It is a thing that you do in bite-sized pieces because it is too much to do all in one go so we hope to be out there again in the first half of this year to complete the process. It just means that we will have a very settled balance sheet. We want to address the issues that arose in 2008 and 2009. I am sure people will remember that we finished up with some fairly severe penalties effectively from the financial markets because of what happened in the crisis, which was caused by the banks.

    The banks obviously have the powers to inflict some quite hefty penalties on INEOS so we have to take ourselves away from that. Through the refinancing all of those penalties disappear.

    TC: Do you see any change in the INEOS model – as a privately-owned group of businesses chemicals company?

    JR: No. I don’t think so. It is steady as she goes.

    TC: Are the joint ventures that we established last year working well?

    JR: Although Styrolution had a very quiet Q4, it had a good year overall. Like INEOS, it has also enjoyed a good first quarter, so it has started the year all guns blazing.

    The Refining market in Europe has still not settled down following the 2008/2009 crisis. We still need to see more capacity coming out. Some capacity has come out as Petroplus collapsed a few months ago, although some people are still toying with the idea of rescuing some of those components, which to us looks ridiculous, but it is a very difficult business to predict. In January, Refining had quite a good month but then February has been quite difficult. We need more time for it to settle down and for the supply and demand to balance out.

    TC: What is your focus for the business this year?

    JR: Number one is without doubt to complete the refinancing, which hopefully will go well. Then, I think our focus is largely on two areas of growth for INEOS.

    Firstly we have shale gas in America which is opening up a lot of opportunities. Quite a lot of our time, attention and focus are spent thinking about whether we wish to take advantage of any of those opportunities.

    The second growth story in INEOS is China where there is a lot of interest being shown in our intermediates businesses.

    China has invested in its upstream, what we would describe as O&P businesses, so lots of crackers and polymer plants have been – and are still being – built in China. But China has not really moved into the intermediates area which is one step downstream of the upstream petrochemicals and INEOS has some very interesting businesses in Phenol and Acrylonitrile, Oligomers, Oxide, and some of our technologies businesses.

    TC: In November, you said that there will always be ups and downs in business. How can INEOS ensure that it continues to do well despite such uncertainty?

    JR: There are no easy recipes or guarantees. We know that our businesses are cyclical and there will be ups and downs. All you can do is be sure that you are as fit as you can be and that your fixed costs are very competitive so that, at the bottom of the cycle, we don’t see any negatives on the P&L account. That means we have to have low fixed costs big units, we have to have efficient and reliable units, and efficient technology. A lot of that was road tested during the crisis in 2008/2009. Since then we have shut one or two things down and we have sold one or two things, so what you see in the INEOS portfolio today is a pretty lean and fit portfolio of assets and plants.

    TC: And lastly, how is the team doing? I am referring, of course, to Manchester United.

    JR: You had to spoil things. For those of you who are reading – or listening – you may know that Tom is also a fan of Manchester United. This part of the interview could last longer than the rest of the interview put together once I start. I mean we really are flattered by the appalling performance of the rest of the league in England. They are all hopeless – Liverpool, Chelsea, Arsenal are hopeless. All of the good players seem to have left the UK. United is sitting at the top of the tree but we have had to bring Paul Scholes back into midfield. He’s 38 and we have had to bring him back into midfield. Barcelona has got eight or nine Paul Scholes and they are all 24 or 25 so we really are flattered. It is no surprise to me that we dropped out of the Champions League, and the rest of the English League has dropped out of the Champions League. I don’t know what has happened. It’s all very depressing. You have completely ruined the interview Tom.

    10 minutes read Issue 2
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    Takes on the world

    Manfred Hartung, Leiter Instandhaltungsservice at INEOS Koln, has watched his son Max grow into a world-class swordsman over the years, but, in watching, he has also learned so much about managing teams, leadership and responsibility.

    Former American boxer Muhammad Ali said that champions weren’t made in gyms.

    They are, he said, made from something they have deep inside them – a desire, a dream, a vision.

    Max Hartung has a desire, a dream, a vision – to bring home a gold Olympic medal for Germany.

    If he does, no one will be more proud than his father, Manfred, Leiter Instandhaltungsservice at INEOS Koln, who learned shortly after his son took up fencing that he should never judge a book by its cover.

    “Max was a rather awkward child and sometimes teased because he had to wear glasses,” he said.

    “My wife and I thought he would be hopeless at fencing because he seemed so uncoordinated.”

    “And I remember smiling when his coach said it would actually work to his advantage. He told us that his opponents would underestimate him.”

    Manfred and his wife Roswitha listened but still weren’t convinced, so when it came to forking out for all the equipment, they bought Max second-hand kit.

    “Max wore a girl’s fencing jacket which looked a bit out of place, but he wasn’t bothered,” said Manfred.

    Max, then just aged nine and battling with foam swords, repaid them by starting to win tournaments.

    In February this year their 22-year-old son qualified for the London Olympics.

    He will be part of the four-man sabre team (fencing), who, if they win, will go down in history as the first German sabre team to ever win an Olympic medal.

    Only three of the team, though, will be able to compete as individuals. The fourth will be the substitute.

    Manfred said Max was determined not to be on the substitute’s bench.

    Their coach is German national sabre trainer, Vilmo Szabo.

    “His vision was to turn a team of young men and women into Olympic and world champions,” said Manfred.

    “So far, he’s produced six world champions.”

    Manfred, who will be in London for the Olympics, says he will be nervous watching his son take on the world’s best.

    But it helps knowing that Max has developed an inner peace and confidence over the years.

    “If you cannot cope with pressure in this kind of sport, you need to get out because fencing is very dangerous,” he said.

    It is a danger Max is well aware of, having been stabbed during a training session many years ago.

    “The sword went straight through his arm,” said Manfred. “Thankfully Max survived without any significant scars, either mental or physical.”

    “He never worries about getting hurt.”

    Over the years, Manfred has watched his son grow into a world-class swordsman but remains modest about the part he and his wife have played in his success.

    “Probably the greatest gifts we have given our son are our love and the freedom to grow,” he said.

    “He, on the other hand, has been my role model and helped me enormously in how I do my job at INEOS in Köln.”

    Manfred said he had learned so much from Max about managing teams, leadership and responsibility.

    “As a leader you have to provide a framework that allows your employees to make decisions on their own,” he said.

    “It not only makes them more accountable for their own actions but it increases their self-confidence and belief and makes them feel proud of their achievements.”

    Manfred said they were the fundamental building blocks for any successful company.

    “On top of it, though, you do need to have someone who believes in you and your abilities and is willing to encourage you to achieve even greater things,” he said.

    “Over the past 10 years I have realised that if you have a vision, the right set-up and the right people beside you, you can achieve anything.”

    7 minutes read Issue 2
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    Unlocking Potential

    Finding people who understand a company’s ethos is key to any organisation that wants to grow and prosper in today’s competitive world. But sometimes, that’s not as easy as it sounds. INEOS, though, has always viewed a problem as an opportunity to improve, which is why its search for the best starts early.

    People can make – or break – an organisation or a situation.

    One only has to look at the incident where the captain of the Costa Concordia allegedly abandoned his ship, leaving his passengers and crew to fend for themselves after his cruise liner crashed into rocks off the Italian coast and capsized.

    It’s why finding people who, not only understand your company’s ethos, but practise it by example, is vital.

    That is why INEOS constantly takes steps to ensure a continuous supply of highly-skilled, highly-disciplined and motivated employees who acknowledge their responsibilities and are prepared to leave nothing to chance.

    And the search starts early. In primary schools, colleges and science fairs.

    “We are continually seeking new candidates and training our own people,” said Patrick Giefers, site manager at INEOS Köln.

    Video

    New talent at Koeln

    00:00

    The reason is simple: INEOS knows it pays to invest in the best. It is an approach that is recognised by potential candidates in and around the Köln site.

    Andreas Hain, head of apprentice training at the German site, said every year 2,000 young people apply for about 60 jobs.

    “Our apprentice scheme is very successful and we have no problem filling those jobs with very good quality people,” he said.

    “We can focus on what we need, the professions we need and the personality of people we would like to have in the company,” he said.

    In Germany, it works.

    In the UK, though, there is still a shortage of suitably qualified young people keen to pursue a career in the petrochemicals industry.

    “There is never a shortage of applications for apprenticeships in towns where INEOS operates,” said Tom Crotty, Director INEOS Group.

    “It’s very easy. Families have grown up working there and know it is a sound company that provides a good source of income so we are flooded with applications.”

    The problem – recently identified by Hans Niederberger, the man who used to run the plant in Köln – is the calibre of British students.

    “He found there was a world of difference in the quality of the young engineers,” said Tom. “They were academically bright but lacked the practical skills necessary for the job.”

    To bridge that gap – and to satisfy the demand for young skilled workers at the Grangemouth refinery in Scotland – INEOS has joined forces with Forth Valley College and Heriot Watt University.

    Together they have launched ‘Engineers of the Future’, a five-year modern apprenticeship scheme that gives each student a full university education plus substantial and, more importantly, relevant work experience.

    Video

    INEOS' Annual Set Fair

    00:00

    “It creates a work-ready person when they leave university as opposed to the traditional route where really the industry learning starts from day one,” said Gordon Grant, CEO INEOS Grangemouth services and infrastructure.

    He said the skills gap – identified by INEOS – was not unique to INEOS.

    “It is a shortage that we see across the whole of the petrochemical industry and, in fact, the technology industries throughout the UK,” he said.

    He said he had been working closely with the Scottish Government and skills development agency to promote the INEOS model.

    “It is one they should be considering for other industries and promoting the benefits of it,” he said.

    “For this model of combining university and college education with workplace experience is something that has advantages for everyone involved.” Of course, the concept of work experience placements, as part of a university education, is nothing new.

    But what sets this apart is the thinking behind it.

    “To have stopped and thought about what experience individuals get, and link it directly into their classroom learning throughout the programme is quite innovative,” said Robin Westacott, director of the Engineers of the Future programme.

    Forth Valley College runs two programmes. One is vocational; the other is academic.

    In addition, college lecturers also explore INEOS’ values, especially on safety.

    “We want them to understand INEOS’ culture so that when they go down to the site to do their on-site training, that culture is already embedded,” said Kenny MacInnes, deputy head of engineering at Forth Valley College.

    The students are equally as enthusiastic about the programme as INEOS.

    “You get paid on the job, you get the hands-on skills that people at university don’t get and you also get experience on the site as well,” said one.

    Another loved the fact that he already had an edge over his peers even before he had graduated.

    “You already know a lot more than a typical graduate,” he said.

    And that is its aim.

    “Hopefully we will see more and more of these schemes coming into place for technology industries to produce a high calibre workforce for the future,” said Gordon.

    16 minutes read Issue 2
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    Cogent idea to attract new talent

    INEOS is now indirectly helping small companies find first-class apprentices – through Tom Crotty.

    Tom recently became chairman of Cogent, a group of leading businessmen empowered to raise standards in the chemicals, pharmaceuticals, nuclear, oil and gas, petroleum and polymer industries, and expand opportunities for young people in the UK.

    “The problem isn’t in the big companies because they can afford to employ apprentices and train them,” he said.

    “But if you are a small engineering company, you might feel it’s too risky to take on an apprentice, so instead you find a 35-year-old who works down the road.”

    “With Cogent’s support, he hoped that would change.”

    “Cogent would employ the apprentices on a three-year programme,” he said.

    “The company would bear half the cost but they would not have the headache of employing the individual.”

    “And if they didn’t like them, we would find them someone else.”

    Tom said Cogent’s brief would include convincing school-leavers about the value of apprenticeships.

    “We need to get rid of the perception that apprenticeships mean mud on your boots or oil in your hair,” he said.

    Rising university fees were concentrating the minds of young people to appreciate that gaining skills in an industry was a clear path to a career and a prosperous future, said Tom.

    Cogent is the Sector Skills Council for the chemicals, pharmaceuticals, nuclear, oil and gas, petroleum and polymer industries.

    In the past, skills councils were awarded a fixed amount of money by the Government. Now they have to bid for it.

    And Cogent is so far faring very well.

    4 minutes read Issue 2
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    UK needs clear, long-term energy policy to safeguard future of manufacturing

    INEOS continues to have a significant presence in the UK, with around 4,000 employees across six sites.

    The company remains committed to its established manufacturing base but is concerned that the business environment does not support the needs of competitive international business.

    Tom Crotty, Director INEOS Group, believes firstly Britain needs a clear, long-term energy policy if it is to stop the rot – and safeguard the future of manufacturing in the UK.

    He says short-term thinking has already done significant damage.

    “At the moment there is not a lot of joined-up thinking,” he said. “But things need to improve if the UK is to reverse the trend of the past 10 years.”

    “Without a sound manufacturing base, the country cannot generate wealth, and without wealth generation, we cannot raise Government spending to maintain our schools and hospitals.”

    He said, the countries that had fared best – Germany and Scandinavia – had invested heavily in manufacturing.

    Those, which hadn’t – Greece, Spain and Ireland – had foolishly relied upon the service industry instead.

    Tom said the British Government and the energy industry needed to develop a coherent industrial policy so that everyone knew which sectors had to be maintained at all costs.

    “That’s the most important thing and it is going to be critical,” he said.

    “If we have a long-term stable energy policy, industry can deliver against that.”

    “At the moment we are lucky if we have policies that survive one term of government.”

    Tom also urged successive UK governments to avoid imposing even more regulations – be they home-grown or forced through by the European Union – on an industry already drowning under the sheer weight of legislation.

    He said the Germans and French had got it right.

    “They interpret EU regulations differently to us,” he said. “They impose the regulations in a way that they protect their industries.”

    “I think we need to examine the impact of all EU regulation on our industry before blindly implementing it.”

    Between 1997 and 2007 the UK’s manufacturing industry as a percentage of GDP effectively halved, falling from 22% to 11%.

    Germany’s – on the other hand – has barely been affected and about 50% of its energy still comes from coal.

    During a recent dinner with the UK Government’s Business Secretary Vince Cable, Tom was asked what one thing the Coalition Government could do to help Britain’s manufacturing industry.

    “I suggested a time machine so we could go back 20 years,” he said.

    But Tom believes the mood may be changing.

    “I think the downturn showed up sharply what needs to be done,” he said.

    6 minutes read Issue 2
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    Refreshing Talent

    INEOS’ campaign to recruit America’s top graduates is paying dividends.

    Graduates in the US know that if they get a job with INEOS Olefins & Polymers USA they will be given a challenging role with responsibility and accountability – very early on.

    And the news is spreading.

    “Top graduates are demanding more meaningful jobs and roles. They have a new perspective and expectation that we can tap into straightaway,” said Sam Scheiner, HR Director INEOS Olefins & Polymers USA.

    The first thing that we do is put our graduates into meaningful roles tackling real challenges from day one. Our newly- hired graduates don’t find themselves in a run-of-the-mill development course or staff job.”

    “Putting our graduates into meaningful jobs, working with experienced employees, allows them to reach a fuller potential and make a significant contribution to the business much more quickly.”

    Bill Steiner, who joined INEOS as a chemical engineering graduate from Georgia Tech University almost five years ago, acknowledged the difference. “I immediately had a lot of responsibility and I was able to make an impact very early on,” he said.

    The number of US graduates, employed by Olefins & Polymers USA, varies each year. How many depends on the business’ needs.

    O&P USA launched its graduate recruitment drive six years ago. Since then, 35 college graduates, mostly with degrees in engineering, finance or chemistry, have joined the business.

    “It is also important to note that most of them – 30 in all in the Houston area – are still working for the company, in a market where a high turnover is common,” said Sam. “It means we have something people want and are staying on to get it.”

    “Our graduates know that their work is critical to the organisation. And word is getting around. We are building the INEOS reputation year-on-year at universities that we work closely with.”

    Most of the graduates – and there is always stiff competition among companies for the best in the US – are drawn from core and tried-and-tested universities in Texas and neighbouring Louisiana.

    What all these universities and colleges have in common is that they all have close links or ties to INEOS through employees who are alumni of these institutions.

    “It is important to us that we have a strong relationship with the universities from where we recruit,” said Sam.

    Olefins & Polymers USA regularly attends job fairs to raise its profile among the universities, and, in turn, among the students.

    “That is so important to us,” said Sam. “And it’s one of the reasons that we put such a lot of time and effort into getting it right.”

    “Getting the right graduates is fundamental to the whole process. We want the right people with the right fit for our business who will flourish and grow in an exciting and challenging environment such as ours.”

    Olefins & Polymers USA has dedicated recruiting teams at each university. “This allows us to ‘get a feel’ early on for who is right for the company,” said Sam.

    Each team draws up a short-list and interviews the candidates at the universities before deciding who to invite to a two-day ‘super recruiting session’ at Marina View where the potential employees are taken on a tour of either INEOS’ Chocolate Bayou or Battleground site.

    “Potential graduates also get exposure to the CEO and the Board Directors of our company when they visit our sites,” said Sam.

    Dennis Seith, CEO for O&P USA, said the recruiting process was in keeping with how INEOS ran its business.

    “Our approach is different to our competitors,” he said. “Because we are a flat organisation, access to senior management is not only possible, it is common. It allows new hires to develop skills in working with senior managers and I believe it shortens the time it takes for top talent to be recognized.”

    “That’s good for INEOS because we get the most from our graduates. But it is also good for our graduates because they get challenged early on, rather than being weighed down with bureaucracy.”

    The College Recruiting campaign has allowed INEOS to positively shape its own future.

    “In short, we have been able to establish a talent pipeline,” said Sam. “We have brought in and developed some terrific people who, no doubt, will be the leaders of our business in the future.”

    “Generally the petrochemical industry has to build on its expertise and knowledge base if it is to survive in highly competitive world markets.”

    “If we are to grow a sustainable long-term business, which is aimed at meeting the needs of society well into the future, it is essential that we have a rich source of talent that we can tap into.”

    “The long-term future of our business depends on the work we are putting in today to get the right people into our organisation to continue to shape our culture and secure the success of the INEOS business as a whole. And I think we are getting a pretty good return on our investment.”

    10 minutes read Issue 2
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    Shift the Focus: How shift workers can make life easier

    Shift work is a fact of life for millions of people around the world. But those who keep businesses afloat 24-hours-a-day can do more than they realize to make their lives easier, healthier and happier.

    Shift work is nothing new – as those who work in manufacturing will tell you.

    Where some continuous production processes can take days to start up and shut down, it is just not practical to operate a regular 9-5.

    Today, more and more people work shifts to cope with society’s 24/7 demands and needs.

    The crucial thing is how best to cope with shift work, to make the transition from days to nights and back again whilst maintaining normal energy levels.

    Steve Gasser, who has been an operator at INEOS Joffre LAO plant for eight years, is one of 35 operators who looks after the day-to-day operations of the plant. He said his experience had shown that shift work affects different people in different ways.

    “The older you get the more difficult it becomes for your body to adjust to shift work,” he said. “It can affect your energy levels, how you think and feel physically. Both at work and at home.”

    “Some rotations are better than others. Winters here are the most difficult because of the limited daylight and cold weather.”

    The experience is not uncommon. It is very similar to jet lag. But employees can do more than they think to manage the body’s internal clock by watching what they eat and drink, getting good quality sleep and taking exercise.

    Steve, who has worked shifts on and off for 25 years, says most shift workers avoid caffeine and energy drinks, quickly learn to be able to sleep whenever they get the opportunity and often exercise.

    Dr Adam Carey, Founder and Director of Corperformance, gives his advice. “In recent years, researchers have also found that certain types of food eaten at specific times can actually reduce the impact of changing time zones (jet lag) by up to 70% and much of this is applicable to changing shifts,” he said.

    “Eating more food, which is high in protein, makes people more alert and meals that are high in carbohydrates encourages sleep because of the hormones the foods produce.”

    “When diet is combined with exercise and good quality sleep in a cool, well darkened place, the impact can be dramatic.”

    There are a number of things that individuals, who are switching from working days to nights, already do. To reduce the impact of the first night, they often try to go to bed much later than usual – for example 2am – so that they sleep in and get up later than usual on their first day of nights, hopefully closer to 11am or even noon.

    “Nutritionists have also found that reducing the body’s sugar reserves before the switch can help,” said Adam. “In our experience, though, it must be done at least 24 hours before any changeover in shift.”

    “We would advise an employee to cut out carbohydrates on the last day of his day shift change and eat protein-based meals instead.”

    “That essentially would mean no bread, rice, pasta, root vegetables, grains, sweets, chocolates biscuits and cakes on that day.”

    “On waking on the first day of nights, an employee should eat very lightly during the day and before starting the shift. Any meal should be high in protein and low in carbohydrates.”

    “During the shift – and to stay alert – all meals and snacks should again be high in protein and low in carbohydrates.”

    “It is also, though, very important to drink plenty of water.”

    “Many people get tired and suffer from poor concentration, solely because they are slightly dehydrated.”

    “At the end of the night shift, a spot of exercise can be helpful before eating a meal that is high in carbohydrates and low in protein, such as pasta, because that releases the hormone that helps one to sleep.”

    Adam also advises on getting good quality sleep and says where you sleep is critical.

    “Many people sleep in rooms that are just too hot,” he said. “But it is very important to get your core body temperature to drop slightly. If the room or bedding stop you from keeping cool, then it will be more difficult to get to sleep, or stay asleep, even when tired.”

    Misti Jezek, shift operator team leader at INEOS’ Chocolate Bayou Works’ polypropylene manufacturing plant, has worked shifts for almost 19 years. She always makes sure her bedroom is quiet, cold and dark.

    “I’ve actually found that I sleep best if the air conditioning unit is running because it blocks outside sounds,” she said.

    “Any room should be a maximum of 16oC (69oF) – even better between 12 – 14oC (53oF – 57oF). After a good sleep, it’s important to drink plenty of water and then eat well.”

    “If in winter it is getting dark when you are supposed to be getting up, a timed light can be effective and will help you wake up more naturally,” said Adam.

    “Bright lights at work are also important.”

    At the end of the four days of working nights, people tend to use one of two strategies. They either go home and sleep briefly, but get up earlier, or they try not to sleep and go to bed early. Either way, once awake, try to exercise, eat a meal that is high in protein and avoid starchy foods. When it is time to sleep, eating a starch-based meal will increase the chance of falling asleep.

    Someone who does this is Kenneth Cockheijt, a young chemical field process operator based at Antwerp.

    “I work out quite often in the gym, or ride my bike if possible, so that I’m always sleepy when I need to be,” he said.

    If he does ever struggle to get to sleep, he finds listening to music helps. He also watches his diet, changing what he eats to give him extra energy when he needs it.

    Working environments are rarely perfect, but managing your diet and taking exercise will not only make you a happier and healthier individual, but they will also ensure you can make the most of your time when you are at home.

    And that has always been important to Misti who started working shifts when her daughter was three.

    “Working shifts has given me a lot more opportunities through the years to attend my daughter’s school parties and events than most parents who work a strict day schedule,” she said.

    What shift workers can do to make life easier?

    • Eat high protein meals before work to make you more alert

    • Eat meals, which are high in carbohydrates, before bedtime

    • Sleep in a cool, dark room. The room should be a maximum of 16oC

    • Exercise where possible

    • Drink plenty of water

    12 minutes read Issue 2
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    Managing Teams

    Understanding how teams work and enhancing performance is not just valuable on the sports field. Here Dr Phil Hopley explains why it is directly relevant to many of things we all do every day.

    Winners – whether they work in an office, a factory, a control room or are world-class athletes – are not born. They are made.

    It is understandable that some remain cynical. They feel that they have nothing in common with elite athletes. That elite athletes have no relevance to how they do their jobs or manage their teams.

    But how often do other business leaders look out of their offices over to the track and field for inspiration to help them enhance their own and the performance of others?

    Check out Sir Steve Redgrave, Sir Clive Woodward, or Sir Alex Ferguson’s diaries and you will find your answer. Very often.

    Why is that?

    A chance for stressed executives to escape from the office?

    Business leaders living their unfulfilled sporting dreams?

    Or could it actually be that elite sportsmen offer an insight into a world where being the best in their field matters and, in turn, teach businesses some valuable lessons?

    Listen to any great sportsmen talk and you will hear compelling evidence of how planning, team selection, strategy, preparation, leadership, teamwork – coupled with hard work – were the backbone to their success.

    But, more importantly, listen to how that message is delivered. It will be inspirational.

    Sir Clive Woodward, British Olympic Association elite performance director and 2003 Rugby World Cup winning coach, often talks about the ability to “think clearly under pressure.”

    Sir Steve Redgrave, a five-times Olympic gold medallist, writes about “mental discipline and overcoming low self- esteem.”

    What both show is that we’re only human. All of us.

    Yet many falsely assume that somehow elite athletes have bullet-proof minds. That they are not like the rest of us.

    Over the years my work with Olympic rowers, professional rugby players, Premiership footballers and downhill skiers have shown me that this is not the case.

    So what can we do to improve our resilience and performance?

    And by resilience I mean an ability to deal with pressure, to recover and bounce back from set-backs and to be able to work sustainably at optimal levels.

    On a simple level we need to establish common goals and link them to what is important to us personally.

    We often manage the first, but not the second. And because of that, we miss the opportunity to build resilience. And without resilience we are more likely to get stressed.

    But if we can establish common goals and link them to our values, we become motivated and believe in what we are doing and where we are going.

    That said, don’t expect overnight results or success because it is not that simple.

    First we have to discover what might be getting in the way of improving someone’s performance.

    More often than not, it is a problem with how someone thinks – or perceives – things.

    Good managers can usually spot – and deal with – issues in their team. But sometimes specific individual coaching is needed.

    Just as in sport, we all need to be able to cope with pressure, negative thoughts and emotions if we are to perform at our best.

    Cognitive behavioural coaching trains athletes and managers to keep focused on the job despite simultaneous difficult emotions.

    Cognitive behaviour is thinking behaviour. Coaching helps to understand thoughts and feelings that influence attitudes and drive behaviours.

    In an ideal world, managers and leaders should be allowing their teams to develop by giving them control and accountability for what they do.

    It is about relinquishing control – and replacing it with support.

    Managers who are too ‘hands-on’ are effectively micro-managing their teams and nothing can deplete morale faster than that because it says that you don’t believe your staff can do their jobs properly.

    Give up a bit of control and you will not only reduce stress but you will also see improved performance. Managers often ask about underperforming teams. In my experience things tend to stay the same if there is not a culture of honest respectful communication.

    Once people start talking openly about their concerns, it then comes back to the control issue.

    Research for sport and business clearly shows that with greater control and accountability for what we do, we work better.

    It’s about trusting each other to deliver. And for team leaders, supporting the team to deliver is the key.

    In the run-up to the 2008 Beijing Olympics, the GB cycling team management took a long hard look at themselves. They decided that they had to change, so they gave up trying to control the athletes and instead created an environment which allowed them to grow.

    And what a difference that made.

    Much is written about leadership and getting the most from your team in sport or business.

    But it was interesting how little attention was focused on head coach Jürgen Gröbler after Britain’s stunning performance in the recent World Championships in Bled, Slovenia, when the GB rowing crews won 14 medals to top the table.

    David Bolchover, co-author of The 90-Minute Manager, was one who did recognise the pivotal role played by Jürgen.

    He described him as a quiet, unobtrusive man who was not interested in the limelight.

    He wrote: “His business equivalent is not the charismatic, rent-a-quote chief executive so beloved of the media, but rather the unsung middle manager who devotes his life to extracting the last drop of potential from the human resources at his disposal.”

    Could this be an example to all leaders in business perhaps?

    7 minutes read Issue 2
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    Debate: Does the 7 billionth baby spell disaster for Earth?

    INEOS makes the basic raw materials essential for many products upon which society increasingly depends. Our business is driven by growth of Gross Domestic Product (GDP).

    As the world’s population grows, and as countries develop, the demand for the commodity chemicals that go into transportation, construction, electronics, agriculture and healthcare grow with it.

    But after the birth of the 7 billionth baby at the end of 2011, many are predicting doom and gloom with unsustainable population levels and food shortages.

    Should we be worried?

    Or will society continue to adapt and benefit from new talent, new invention and a constant evolution of the human spirit?

    We look at what commentators, journalists and politicians think.

    Worried:

    1. The booming population growth accelerates poverty and is an indicator for worldwide environmental problems. Furthermore, population growth results in increasing world market prices.
      Renate Bähr, working manager for the Deutsche Stiftung Weltbevölkerung (German Foundation for world population)

    2. Population growth must be stopped. The world’s resources cannot sustain current levels of population growth. There cannot be more people on this Earth than can be fed. The sooner we stabilise our numbers, the sooner we stop running up the down escalator – and we have some chance of reaching the top; that is to say, a decent life for all. Yet there seems to be some bizarre taboo around the subject. This taboo doesn’t just inhibit politicians and civil servants who attend the big conferences. It even affects the environmental and developmental non-governmental organisations, the people who claim to care most passionately about a sustainable and prosperous future for our children.
      Sir David Attenborough, Britain’s best known natural history filmmaker.

    3. The world population is outrunning its basic support systems. That’s why the world’s forests are shrinking, its fisheries are collapsing, its grasslands are turning into deserts from overgrazing, why soil is eroding and why water tables are falling now in 18 countries that contain half the world’s people. Land has become the new gold. It’s an early view of the sort of thing we’ll be seeing. It becomes an every country- for-itself world – whether it’s oil, water, grain or copper.
      Lester Brown, president of the Earth Policy Institute, an environmental organisation in Washington.

    4. Our population is rising while our ability to sustain life on Earth is shrinking. We must change before nature does it for us. Every additional person needs food, water and energy and produces more waste and pollution, so ratchets up our total impact on the planet, and ratchets down everyone else’s share – the rich far more than the poor. By definition, total impact and consumption are worked out by measuring the average per person multiplied by the number of people. Thus all environmental (and many economic and social) problems are easier to solve with fewer people, and ultimately impossible with ever more.
      Roger Martin, chairman of the charity Population Matters.

    5. Although I am hard-wired to regard people as ingenious and society as resilient to change, my conviction that it had been disastrous to neglect efforts to reduce population growth crystallised when I visited Afghanistan and Pakistan. The struggles to build schools and clinics more quickly than the demand for them rose, seemed almost impossible, as did the battle to persuade people that government might improve their lives more than the Taliban. Sitting in Peshawar, listening to a woman in her mid-20s who had seven children and said with distress that she didn’t want any more, it seemed only humane that she should have the means to bring about her wish.
      Bronwen Maddox, editor of Prospect magazine.

     

    Not Worried:

    1. We live on an over-crowded planet. One effect of this is that natural disasters, such as the tsunami of Boxing Day 2004, claim many more lives than they would have done in the past. Another is that conflicts tend increasingly to be for natural resources, such as oil and water. Only co-operation can save us – and for that we must depend on a reformed United Nations.
      Martin Bell, the BBC’s former Washington correspondent and ex-Member of Parliament.

    2. It is likely that the world’s population will grow by about three billion between now and 2050, especially in the less developed countries. We have never experienced a comparable growth in such a short time. The 21st century will be remembered for its aging population – not only in Europe and Japan, but also in China, Latin America and, after 2050, also in India. But individuals and society profit from rising life expectancy. This is an improvement. Besides, our skills and knowledge will be available for longer. However, health care, the labour market and the welfare systems will have to be adapted.
      Population scientist Rainer Münz.

    3. It has been a race between the exhaustibility of resources and innovation, and so far innovation has won. We have several thousand years of human history to support us on that, so I’m reasonably optimistic.
      Willem Buiter, Citi’s chief economist and son of Dutch economist Harm Buiter

    4. Thomas Malthus, who predicted in 1798 that unchecked population growth would doom the Earth to starvation, has been proven wrong for the past 200 years, so why should he be right in the next 100?
      Robert Aliber, a professor of international economics and finance at Chicago University.

    5. Population anxiety is usually ill-informed and often ill-intentioned – targeted against the poor who ‘breed like rabbits’ or immigrants who ‘swamp’ natives. In these circumstances, population fear-mongering is a kind of terrorism and the ‘population bomb’ is a hoax. The real danger is that as people multiply, we will value them less. We should prize human life and try to continue to count it as precious, no matter how much of it we have.
      Felipe Fernández-Armesto, author of The World: A Global History.

    6. We welcome the 7 billionth world citizen. In my opinion, the key to improve the quality of life for people, born and not yet born, is in the hands of the women. Women can handle this only when they are not hungry, when they can go to school and plan their family. This is not possible when they are poor. We, in the West, have to make the choice of redistributing prosperity and wealth. We have to guarantee that the 7 billionth baby will go to school, can make her own choice of whom to marry and whether and how many children she wants.
      Johan Braeckman, Philosophy Professor, University of Ghent

    8 minutes read Issue 2
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    INEOS colleagues shape up for the toughest race on earth

    John Oivind Selmer, trade union leader, and Oyvind Skogen, mechanic, from INEOS in Norway both participate in Finnmarksløpet, the world’s northernmost sled dog race.

    As races go, it’s possibly the coolest on Earth. But competition is hotting up for the start of the Finnmark sled dog race – a 500km race over frozen lakes and mountains in temperatures that can plummet to -45c.

    Lining up at the start will be John Oivind Selmer and Oyvind Skogen, both from INEOS in Norway.

    John’s a veteran, having completed this race – regarded by many as the toughest in the world – 11 times. Oyvind’s a novice by comparison, having gone the distance just once before.

    But both men have been training hard for the race, half of which will be run in the dark. But they are not the only ones who need to be in great shape when they set off from Alta with 75 other teams.

    “Our dogs must be well trained too,” said Oyvind. “And that means they must be in good physical shape as well as mentally sound.”

    The men expect the conditions to be bad. Heavy snow and strong winds are what they fear most.

    “Some mushers have described this race as a course in survival,” said Oyvind.

    But if the weather is good, he says it will be the most beautiful winter adventure ever.

    “A great Northern Light playing over the sky is a fantastic sight,” he said.

    To keep out frostbite – and there is always a real danger of losing toes and fi ngers to the icy cold – both men will be wearing several layers of clothing.

    “We can wear up to six layers,” said Oyvind.

    During the epic race, teams do have an opportunity to stop for a breather because their dogs must rest for 20 hours.

    “I will be satisfied if I get five hours’ sleep,” said Oyvind.

    Most important of all will be to keep hydrated and not to get lost.

    “It is very easy to lose your way because there are so many snow scooter tracks in Finnmark,” said Oyvind.

    If all goes to plan, John and Oyvind would like to finish in under two days and three hours, which is John’s personal best.

    The fastest time ever recorded was two days and one hour.

    2 minutes read Issue 2
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    Staffan head off royal competition in gruelling 90km ski race

    Shift operator Staffan Sandberg discovered he had something in common with the heir to the Danish throne on March 4 – a love of cross country skiing.

    For as he lined up for the start of this year’s 90km Swedish race from Salen to Mora, Crown Prince Frederik of Denmark was among the thousands of competitors.

    The gruelling Vasaloppet is regarded as one of the world’s toughest cross-country skiing races. And with almost 16,000 competitors, it is certainly the biggest.

    “At first it is always a little frantic because you are trying to get ahead as quickly as possible,” said Staffan who works at INEOS in Stenungsund. “And because there are so many who start at the same time, you can easily break a pole.”

    Despite the sub-zero temperatures, the biggest problem during the race, which has one long uphill stretch, is exhaustion.

    “Some people compare this race to a marathon because it’s so long,” he said.

    “Whereas in cycling you can rest sometimes, you cannot during this race because you are constantly working.

    “And near the end, when you have emptied yourself of everything, it becomes very hard.”

    But Staffan did himself – and INEOS – proud by beating his own personal best by just 29 seconds, crossing the finish line at Mora in four hours, 22 minutes and 31 seconds.

    The Danish prince finished more than two hours after Staffan, reportedly tired but with a smile on his face and a twinkle in his eye.

    “It’s been a wonderful day in the tracks,” he said.

    The winner of this year’s race was Jorgen Brink who trimmed 16 seconds off the course record with a time of three hours, 38 minutes and 41 seconds.

    2 minutes read Issue 2
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    French staff fit in exercise with Sylvia

    Staff at INEOS’ Lavéra site in France have been queuing up to get fi t. More than 100 employees now attend Sylvia Moreau’s weekly fitness classes.

    “The sessions are not only good for the body but also morale,” said one.

    Sylvia, who is known for her enthusiasm and tenacity, launched the classes two years ago after she gained access to a spare room on the site.

    INEOS has now provided an area, equipped with changing rooms, where Sylvia can coach three lunchtime sessions and two after work.

    1 minute read Issue 2
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    Children taught to reach for the stars

    A father, who manages an INEOS plant in Texas, has been helping children to aim high for years. And 2012 will be no exception for Bob Bradshaw.

    This year he is coaching four Special Olympics basketball teams of players aged between 12 and 20 – and if the last three years are anything to go by, there could be a few more gold medals on the horizon for one or two of his teams.

    But what’s also special about his players is that despite all suffering from intellectual difficulties, they all have a tremendous desire to learn.

    “Watching them develop skills and become part of something bigger than themselves is so very rewarding,” he said.

    Bob, who manages the battleground manufacturing complex in La Porte, Texas, decided to first help coach Special Olympics athletes in the late 1980s – almost 20 years after attending his very first Special Olympics at Soldier Field in Chicago.

    “The experience of seeing those athletes and their joy in competing never really left me,” he said.

    Initially he coached volleyball, basketball and track events in Chicago for two years but gave it up when his two older children were born. The family then moved to Houston and in 1993 their youngest son Sammy was born.

    As fate would have it, Sammy was born with a special need himself. He had Down’s Syndrome.

    When Sammy was eight, though, Bob decided it was time to play ball again. And he has not looked back.

    Over the past 11 years he has been teaching Special Olympians volleyball, softball, swimming and basketball.

    His passion, though, is – and always will be – basketball.

    “There are not many opportunities for these kids to be part of a team in any other setting,” he said. “To afford them that opportunity is so rewarding.”

    There are now four million Special Olympians in 170 countries. The winners of the local trials compete in regional heats for a place in the national finals.

    The very best then meet at the World Games. The next summer World Games will be held in Korea in 2014.

    3 minutes read Issue 2
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    Lavera invests €77m to reduce site emissions

    Lavéra Refinery is investing €77m in developing a set of projects that will contribute to reducing significantly its SOx (Sulphur oxides) emissions by 50% and its NOx (Nitrogen oxides) emissions by 40%.

    The first step has been reached end of February with the commissioning of the new Sulphur Recovery Unit (SRU) associated to a Tail Gas Treatment Unit (TGTU).

    The construction of these new units has started in January 2010. The challenge came from the very tight space available to house the units and limited access which imposed a stringent design and construction sequence for the project engineers and those working in the surroundings. With over 150 people directly involved at peak times, the team imposed very strict Safety, Health and Environmental risk management for all works.

    The new SRU and TGTU are Best Available Technologies enabling a fi nal sulphur recovery yield of 99.5%, this will cut our SOx emissions by 25%. The second project will target the refinery steam production kit but that will be another story.

    1 minute read Issue 2
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    Pupils get the ‘buzz for science and technology at INEOS’ annual SET fair

    INEOS has helped to inspire yet another generation of children in the wonders of science.

    Representatives from the Grangemouth site were once again on hand at the annual INEOS Science, Engineering and Technology fair to encourage primary schoolchildren to become engineers and scientists for the day.

    “As an industry that uses science and technology every day, it is important that we do enthuse the next generation to take up these subjects at secondary school,” said David East, communication manager at the Scottish site.

    During the 12-day fair, almost 1,800 children, aged 10 and 11, from 53 local schools got a buzz as they passed through the doors of Grangemouth Stadium to enter into a world of wonder.

    Through a series of interactive workshops, children were shown how to:

    • CONTROL electricity.

    • CREATE battery-operated circuit boards.

    • DESIGN and build components for robots and, among other things,

    • PREPARE rockets for take off – and design a parachute to ensure their safe return.

    “This event is all about showing children that science and technology can be fun,” said Mr East.

    During the event, the Glasgow Science Centre team also highlighted the importance of science and how biology, chemistry and physics link into careers.

    The event, which was supported by INEOS’ partners Global Science, Scottish Power and Falkirk Council, coincided with National Science Week.

    Frank McKeever, spokesman for Global Science, said the INEOS event was now recognised as the premier STEM (Science Technology Engineering Maths) event within Falkirk district.

    2 minutes read Issue 2
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    INEOS Capital: Interview with Jim Ratcliffe

    INEOS continues to grow and to develop. It came out of the downturn stronger, its businesses are growing organically and it is forming strategic joint ventures in new and emerging markets. The company that was said to have “slingshot out of the recession” has undoubtedly performed well through 2010 and the first half of 2011 but now faces difficult markets towards the end of the year.

    In this interview, Tom Crotty, Group Director for Corporate Affairs and Communications talks frankly to Jim Ratcliffe about his priorities for INEOS, the issues facing the company and how he sees its future.

    Video

    INEOS Capital Interview

    00:00

    TC: How can it be that despite being one of the world’s leading chemical companies and number 318 in the Fortune 500, INEOS is still frequently referred to as the biggest company the world has never heard of?

    JR: I suppose the reason nobody has ever heard of INEOS is simply that we don’t have any consumer products, so we don’t touch the man in the street as obviously all the well known companies such as the Coca Cola’s of this world or companies that are similar in a way to an INEOS such as BP or Exxon, which have their retail petrol stations. We did come out of the shadows when we acquired BP chemicals, which was a large transaction and inevitably because of our size we have become well known. So I think it is beholden on us to work a little bit on our image. It is something that we didn’t have time for before because we were always focused on our business. For the likes of politicians and graduate recruits it is quite important really that people probably know the INEOS name a little more than they do at the moment.

    TC: So our revenues fell sharply in the downturn of 2008/2009 but we came through well how do you see INEOS today?

    JR: Well we obviously saw our revenue and profitability drop substantially during the crisis but then pretty much everyone in manufacturing did. We came out of that quite well as you say. We made changes and we reduced costs and I think that we came out of it better than many companies, certainly in our industry. Many people did not survive that downturn. The worst, certainly that we have seen in our working lifetimes. Today the company is in much, much better shape; debt has come down, trading in the first half of this year has been extremely good and it was pretty good last year. So I think we are looking quite positively to the long-term future.

    TC: We have come out of the downturn of 2008/2009 but just as we are getting back on our feet there is another financial crisis. So what do you think this holds for INEOS?

    JR: It is difficult to look into the future. I don’t think we will see a 2008 again. I think the view we have held now for a couple of years is that we will see steady improvement following the 2008/2009 crisis but it wont be a straight line. There will be the odd wobble along the way and I think that this is one of the bigger wobbles but I don’t think it will be the same as a 2008/2009. I think that we are in better shape to handle the bottom of the cycle. Chemicals are always going to be cyclical. Really in a way it is fruitless to predict when the world will be up and when the world will be down. If we could do that there are easier ways of making a living! I think that we just need to make sure that we are in good shape at the bottom of the cycle and I believe we are in pretty good shape.

    TC: Now the company grew very quickly through acquisition, but we are now in a very different world with much less credit available. How will this change our business model going forward?

    JR: Well it has undoubtedly changed the business model because the credit is less available in the western world. But the other change we are seeing in the world is that much of the economic strength is moving from the West to the East. So you will see INEOS looking much more in the direction of the East. Where we have enormous trade deficits in the West, the East has enormous trade surpluses and some of that trade surplus finds its way into the banking system and becomes available as credit so I think you will see INEOS looking Eastwards, to a number of different projects.

    TC: So we now have JVs with PetroChina, with Styrolution and potentially with Sinopec. Do you think we would now look to move into the Middle East and would Joint Ventures work there?

    JR: If you are going to these parts of the world, which are very different to our experience base, then you need a partner. If you don’t, you finish up in trouble because the learning curve is quite steep and can be very long. I think it is appropriate for us to have partners in a place like China. We have looked many times at the Middle East. If we ever did choose to proceed there I am sure that we would have a partner but the thing to bear in mind is that there are no end markets there. The desert is not an obvious place to make chemicals. It is quite a difficult environment. And you then have to ship the end products out. So there have to be good reasons to start investing capital in the Middle East and that really means access to very competitive raw materials. That’s really the foundations of development in the region and of course it is not as easy as you think to access those cheap raw materials. Most of our work in the region has been developing relationships and identifying secure sources of raw materials.

    TC: The Company is working on an opportunity to make Bioethanol from Waste. How big an opportunity is that for INEOS?

    JR: That is the most exciting opportunity in INEOS at the moment, certainly our most exciting new project. Key to that particular technology is that it is extremely flexible. It will take pretty much any type of organic waste and it will convert it into ethanol, a fuel, and export some electricity to the grid. That is quite exciting. Firstly, there is a lot of organic waste around in the world. If you take, for example, the sugar cane industry, they produce sugar from sugar cane but two thirds of the waste is the rubbish that is left over. That rubbish can be turned into a fuel. There is obviously a lot of household waste in the world, there is a lot of construction or forestry waste and so on. Secondly the world has a problem with fuel, as oil becomes more expensive, as it becomes scarce, because it is difficult to get at. The INEOS Bio process solves both issues – turning organic waste into fuel and in addition, will also export some renewable electricity.

    We are in the process of building a plant in the States at the moment to the tune of about $150m. This world first plant will come on-stream next year (2012) in Florida and if that is successful, if you were very, very optimistic, you could see these plants being built like Starbucks all over the world converting waste of one kind or another. Waste from small towns in Germany or England for example can be converted into the fuel that could be used in cars. Alternatively, very large facilities could convert the waste of large cities, such as Chicago into huge amounts of fuel or electricity. So it is a very, very exciting project if it turns out to be successful and we should know that in 2012 or 2013.

    TC: Looking to the future how do you think INEOS can attract the right calibre of people to continue to grow the company?

    JR: Well I think predominantly INEOS is a capital intensive business. We don’t, in reality, have that many people so the people that we have must be extremely well qualified, which typically means that we have a lot of graduates in the organization. We inherited a lot of extremely good people from the various acquisitions that have always been made from bluechip companies but during the process of bedding those companies into INEOS and due to the fact that we have been through the downturn of 2008/2009, we have obviously slimmed down the organization and it was inappropriate during periods such as this to go out recruiting lots of new graduates. As of today it is certainly is very important that we continue the process of recruiting top class graduates for tomorrow. INEOS is an exciting place to work because people get significant levels of responsibility and they can move very quickly through the organization. Even more so because we have not recruited that many graduates over the past ten years.

    TC: So how do you see the future for INEOS, where do you see the company in ten years time?

    JR: Well I have given up trying to predict the future. It is too difficult, certainly ten years out. It is difficult to predict where INEOS will be, even though I run the company. We have been opportunistic through the last 12 to 13 years. I think the one thing that you can say about the coming years is that, by 2020/2025, in terms of its consumption of Chemicals China will be the same as the rest of the world put together. So it will be like a second planet Earth in terms of chemical demand. If they continue to grow at the current rate there is no question that is where they will be. So they will be as big as Europe plus America combined! If we look at our facilities we have got many Phenol plants we have got Acrylonitrile plants etc but they are all based in America or Europe. We have nothing within China so I think looking ahead, in ten years, I will be surprised if we don’t have a presence and a reasonable footprint in China. It seems sensible to me, if we can find a sensible route into those territories.

    TC: So one last question, what is it that actually keeps you awake at night?

    JR: Manchester united being thrashed by Manchester City at the end of October. 6 – 1!
    But no, seriously the only thing that keeps me awake at night is safety. You can never be complacent. It is number one on the agenda for INEOS and always will be number one on the agenda for INEOS. It is always the first thing we talk about in board meetings. Safety will always be our highest priority.

    20 minutes read Issue 1
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    Financial Times

    Following the economic downturn of 2009, 2010 saw a marked improvement in INEOS’ trading results; a trend that has continued through the first half of 2011. But as confidence in the global economy has fallen in the second half of the year and demand has softened what does 2012 hold for the company? As 2011 draws to a close, John Reece shares his view.

    INEOS knows how to handle itself in a recession. When the downturn hit in 2008/2009, the company moved quickly to manage its cash and costs. Anything that was controllable was tightly managed. The company was in reasonable shape when the economic downturn washed across most, if not all of its markets.

    Having reduced costs, improved efficiencies and reduced levels of working capital, when things recovered it was said by some that INEOS 'slingshot out of the recession.'

    “Between 2009 and 2010 we took €200m out of Fixed Costs and we have not let that come back, which is one of the reasons that we continue to be successful.”John Reece, Financial Director, INEOS AG.

    Performance in 2010 proved this to be true, with the earnings for the year 70% ahead of 2009. As demand continued to strengthen it seemed that 2011 would also break records. In fact the first half did. INEOS had two record quarters and by September it was already well ahead of 2010. Results for the first half of 2011 were better than the whole of 2009.

    The structure of the company also fundamentally strengthened in 2011. In July the deal with PetroChina completed, setting up a Refining Joint Venture with one of the largest companies in the world. This was a hugely transformational deal for the group, paying down $1bn of bank debt, which helped further reduce leverage from 4.4 times EBITDA to about 3.5 times EBITDA.

    “The thing about refining is everything is ten times the size of our other businesses so the Working Capital swings are ten times the size, the CapEx is ten times the size. Taking Refining out of the group into a separate financing structure makes a huge difference, which is why PetroChina it is a transformational deal,”said John.

    INEOS put in a very strong performance in the first half of 2011, but this was to be turned on its head in the second half. As a significant proportion of the company’s products go into consumer durables the business tends to track Gross Domestic Product (GDP). And as confidence in world economies began to fall in the summer it was no surprise to see demand, margins and earnings from INEOS products significantly reduce.

    Video

    Financial Times: John Reece talks about 2011 performance

    00:00

    In Europe, concerns about Sovereign Debt and the potential impacton the Euro has created uncertainty and softened demand. Demand has also reduced in North America but the region continues to present good earnings, partly resulting from the availability of low-cost shale gas. 50% of this year’s EBITDA has come in from the US and this is expected to continue to be the same going forward.

    In China, manufacturing activity contracted for the first time in almost three years in November, adding to fears about the health of the global economy, but INEOS expects growth in this market to remain relatively strong by global standards. China’s economy expanded 9.1 per cent in the third quarter, slower than 9.5 per cent in the second quarter but an enviable growth rate.

    “We expect growth in Asia to continue long-term despite some inevitable slow down, currently,”comments, John.

    “Beijing has kicked off a new round of monetary easing after more than two years of progressively tighter policies. By cutting the amount of deposits that their banks must hold in reserve with the central bank it will ease constraints on lending; the equivalent of injecting around $63bn into the economy.”

    INEOS is already well placed in Northern Europe and North America and is now looking to the Far East. Another advantage of the PetroChina deal is that the two companies now have a very good relationship and the two plan to broaden this further by looking to widen interest into other INEOS products.

    Global economic and political turbulence has created hesitancy in many markets, leading to a softening in demand in a number of sectors towards the end of this year. INEOS reported that EBITDA for the third quarter of 2011 was €371m, compared to €464m for Q3, 2010 and €576m for Q2, 2011.

    “Demand in Q4 has continued to be weak and we expect more of the same in Q1 and Q2 before things slowly start to pick up, in the second half of the year,”said John.“At this point we see 2012 as a year of standing still on the headline EBITDA. But if you look at our numbers of reduced Capital expenditure and the benefit of reduced tax in Switzerland, we will still produce cash and pay down some debt which is our main objective.”

    Another key objective, if we ever get a stable credit market, is to get out and refinance. We would certainly want to do that in 2012.

    “I think once we get into 2012 we are focused on achieving a refinancing and that will be a function of the credit markets and it is difficult to call at the moment, as you have seen with what is going on in Greece, the credit markets are much more volatile than the chemical markets but we believe that they will improve. There is a lot of liquidity coming into the US High Yield Market and therefore we need to think about refinancing certainly Q2 of next year I would say.”

    John concludes:“INEOS is a business that is closely linked to GDP. Our commodity chemicals either end up as consumables or durables so we are always exposed to global demand, but we have been stress tested in the worst recession that we have seen in 30 years and we are still here and our financial position is better today than it was going into that in 2008. We have to ride the economic cycle, there is no question of that but I think that we are in good shape to do it.”

    14 minutes read Issue 1
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    Safety First

    Safety is the highest priority for senior management and employees across INEOS’s 15 operating businesses. But continuous improvement needs continuous focus and from the start of 2012, the company is taking the level of commitment to another level.

    INEOS continues to see an improving trend in its safety performance across its individual business units but in January, INEOS Group operations director Tony Traynor will take on responsibility for health, safety and environment (HSE) at a group level, with a key oversight role for process safety and safety culture. “My role”, he says, “is all about enabling things to happen and making sure we get the most from shared best practices from across our businesses and others in the industry.”

    Traynor will be in a position to take a view across the entire company. So that, “if we identify some trends that need to be addressed, then I can engage with the operations directors [in the businesses] and work together on any problems.” He will also review the results of investigations into any near misses or incidents that do happen and ensure that any concerns are addressed and learning shared.

    INEOS Group Classified injury rate

    He explains, that it has always been essential that all INEOS businesses report monthly on all critical safety matters and reliability of assets, with operations directors responding to the CEOs ofeach business. This focus has already paid off, with the injury rate for INEOS employees and contractors, for example, having halved twice over the past decade, from 0.81 classified injuriesper 100,000 work hours in 2002 to 0.19 in 2011.

    In terms of key parameters, INEOS focuses most closely on personal injuries, environmental performance, non-compliance with regulations, asset integrity and loss of containment, inspection rates, and incidents/near misses. For the latter, says Traynor, there is a vital system in place for reporting and measuring near misses. “The more near misses we know about the greater the chance of us learning from these and preventing real incidents from happening. For this reason we actively encourage our staff to report everynear miss.”

    Traynor, who gained a background in manufacturing with ICI Acrylics before becoming operations director, first at INEOS Chlor andthen INEOS Refining, explains that as a business INEOS has three critical success factors: “Number 1 is to operate our plants safely; Number 2 is to run the plants as hard as we can and number 3 is to operate at the lowest sustainable cost base. Efficiency, reliability and safety of operations are all linked and are critical to the success of allour businesses.”

    To drive improvements in safety performance, Traynor has been leading an initiative of the INEOS process safety management team to develop two sets of 10 key principles that will set the standard across the company. These have been developed using experience and learnings from within INEOS over the years, but also with regard to external learning, gained from well known incidents such as BP’s Texas City explosion and the Buncefield storage tank explosion in the UK.

    Traynor is well placed to bring this external learning to bear, as he was chair of the UK’s Process Safety Leadership Group, set up in 2007 after Buncefield and tasked with driving forward high standards in process safety leadership and to complete the implementation of the Buncefield investigation’s recommendations across the industry.

    One set of principles, explains Traynor, deals with process safety management, while the second set addresses human factors, or safety culture and behaviour. “These are not procedures that we are issuing,” he stresses, “but principles that describe the way we operate.” These will be shared with everyone in the company over the course of this year.

    The process safety principles are aimed at the technical level to ensure the right leadership and values are in place, to maintain asset integrity, says Traynor. “For safe operation we want to keep the plant always in the safest possible state, this will always mean putting safety ahead of production. There are a number of things you have to have, such as experienced people with the right training. It is vital to maintain the assets properly and to do the right amount to ensure their integrity. We want to avoid loss of containment, as that is the basis of the safety of our plants.”

    On the human factors side, he adds, “it’s really about instilling the right values and behaviours, so that people understand that we do not put production ahead of their safety. We don’t expect individuals on the plants to take risks and so we need to encourage the right culture and ensure proper risk assessments are in place.”

    Traynor adds that the principles apply generally, so that everyone who works on an INEOS site will be protected. “We don’t want different values on individual plants, and we don’t want INEOS employees and contractors to be regarded any differently from one another.”

    Given INEOS’s history of growth by acquisition, there has been a broad range of cultures across the Group. But, says Traynor, “Safety is our highest priority and from this basis we establish common values and principles. How these are ultimately delivered will be influenced by culture, but the key thing is that they are delivered.”

    Traynor knows that he is building on an already creditable safety performance and one that is still improving. INEOS operates well within the first quartile of petrochemical companies in terms of classified injury rates. Some producers, he adds, have rates twice as high as INEOS. But then again, he remarks, “We see Exxon Mobil as best in class we are not as good as them yet, but we are not that far behind!”

    For the coming year in his new role, Traynor stresses his passion for seeing continual improvement in Safety, Health and Environmental performance. His main priority is to visit INEOS sites to discuss his views and to share his thinking behind the two sets of principles. “I want people to understand them, take them on board and implement them”he notes.

    Of course, he acknowledges, the businesses are not starting from a blank page. All the businesses already have their own safety management systems in place. “What I want them to do is take the new principles and hold them up against their existing systems and see how they measure up. They can then learn and move forward. With the group-wide oversight, I think we can accelerate our learning and continue to see an improving track record,” concludes Traynor.

    8 minutes read Issue 1
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    Out of Reach

    James Cracknell earned his place in history when he won two Olympic Gold medals, in Sydney 2000 and Athens 2004 in the coxless fours rowing team. He also holds six World Championship gold medals for rowing. Since 2004 he has undertaken all manner of challenges, including the Marathon des Sables across the Sahara Desert in 2010.

    My honest response to “What’s winning the Olympics really like?” always appears to leave the recipient looking slightly short changed. Judge for yourself; firstly despite setbacks I never doubted
I’d win a gold medal and secondly the confidence that winning has given me in setting and achieving targets in other areas of life has been invaluable.

    Admittedly, stating that you’re going to win the Olympics indicates a certain level of self-confidence but whatever you aim for without constructing a robust to get there, it’s never going to happen. Building a staircase from your current level to
one that will enable a championship winning performance has given me the belief that if you
plot out a route then anything is possible.

    I realised those answers aren’t that emotional and racing in front of 100,000 people is a phenomenal experience but I can also relate to the final scene of Rocky 3. Apollo Creed and Rocky Balboa with a win each from their previous bouts fight in an empty gym just so they can know who the best really is. I appreciate that’s not the most “classy” analogy but for me it’s more about the personal satisfaction rather than public attention.

    When I left school I went to row at the same club
as Steve Redgrave (who already had a couple of Olympic Golds in his locker) figuring if I could beat him once a month, increase that to once a week and ultimately every day I’d prove I had the talent to win at the Games. The big fella also needed some persuading, he’d coached me in the build up to the under 18 World Championships. During the first training session I capsized so didn’t think it was the best time to tell him that in ten years time we’d be racing at the Olympics together.

    That scenario still wasn’t looking likely seven
years later due to an unhelpful setback. I’d been selected for the 1992 Barcelona Olympics but
broke my shoulder playing a game of rugby. I was subsequently offered travelling reserve but unlike a substitute in football once the competition starts you can’t exactly be parachuted into the boat if it’s not going to plan. So I chose not to go, on the one hand I had a fun summer, on the other I lost my funding so had to combine training with a job as I prepared for the 1996 Atlanta Olympics.

    The difference between being a full-time athlete and combining work with training is not the volume of training but the available time to let the body rest and recover. I went to the Atlanta Games and caught tonsillitis (probably due to a suppressed immune system) on the day of the opening ceremony so spent the Olympics in quarantine. Those were the second Games I’d been selected for but I’d yet to make the start line.

    1996 was a terrible Olympics for Team GB, we
won one gold medal and that was Messrs Redgrave and Pinsent. Aside from throwing down the gauntlet testing anyone’s shooting skills who saw him in a boat again, Steve announced that he was going
to do a coxless four at the Sydney Olympics. Even my elementary mathematical skills worked out they needed another two people. The selection process is objective rather than subjective, rather than a case of seeing who fit best alongside Wayne Rooney in attack. If I performed in all the selection criteria despite being an ‘unlucky’ athlete in the past it would be impossible for me to be left out.
The criteria included speed tests on the rowing machines, weights in the gym, racing in boats on your own from which you’d get put in a pair with someone of similar speed and then the top two pairs would make up the four.

    Our four that raced at the 2000 Sydney Olympics took to the water for the first time in April 1997. 
Our coach said “There’s one race you will be judged on that is September 23rd 2000 at 10.30am. To guarantee winning, your worst has to better than anyone else’s best.”

    That was the mantra that we trained with viewing every race we won as though we’d lost, forcing us to keep progressing. We didn’t have rules believing in personal responsibility. If you couldn’t trust someone to look after themselves away from training then you wouldn’t trust them halfway through the Olympic Final when your body is screaming at you to stop.

    We won in Sydney and Steve just about managed to hold it together on the podium. When we got back to the boatshed our coach said “That wasn’t very good” and asked to score the race out of ten. The highest of which was six, if we’re honest we hadn’t elevated our worst race to be good enough to win but by setting tough standards our average was.

    I wasn’t sure if I was going to carry on for the Athens Olympics. Our coach detected as much and came up to me at Sydney Airport and in his unsubtle manner simply said “Anyone can win once, real champions do it again.” So that was me signed up for another four years.

    As Steve Redgrave had finally hung up the lycra baby grow, Matt Pinsent and I raced in a pair. We were successful for a couple of years winning two World Championships and breaking the world record in the process of claiming the second. It was at this point we disobeyed our golden rule and viewed a win as a win. We’d set a new level that our competition believed was possible but
we didn’t progress during the long winter training, consequently we got out backsides handed to us the following year. I like to think that if I’d trained well and raced well but still lost I’d accept the opposition were better but it was not having given ourselves the best chance of winning that was unacceptable.

    Usain Bolt with a 9.69s showed the other sprinters what was possible in the 100m at the Beijing Olympics. The following year he won the World Championships with a 9.58s, if he hadn’t improved America’s Tyson Gay would have beaten him as claimed silver with a 9.69s.

    Back to life on the water, after being defeated at the 2003 World Championships our coach felt that our best was good enough to win but we hadn’t proved our worst or even our average performance was.
 So Matt and I were moved back into a coxless four only three months before the 2004 Athens Olympics and with six weeks until the Games we had to make a crew change due to injury so the Olympic heat would be our first race together.

    We had a limited period to learn to trust each other and not use the injury induced reshuffle as a reason to lower our expectation. To ensure we got every
bit of speed possible out of the boat we created an environment of total honesty where critical comments were encouraged and acted upon with no tit for tat grudges. Matt and I had probably become too focused just on winning so made sure we put our heads up, appreciated and used the scale of the Olympics to raise our performance.

    On the day of the Olympic Final we believed our best was good enough but as we hadn’t raced together before couldn’t be sure. If we’d listened
to those who imposed a ceiling on our potential performance we’d never have won and as we snuck home by 0.08s there wasn’t much margin for error.

    Away from sport I’ve learnt about the danger of imposed ceilings. I was knocked off my bike by a fuel truck in the States a year ago and if I’d accepted the ‘experts’ projected level of recovery that’s where I’d have ended up. But by believing I’d get back to being as I was before I gave myself the best chance of getting there.

    So if I’ve learnt anything in my rowing career and subsequent challenges such as the Marathon des Sables it is: always have a clear plan, make sure your worst is better than their best, treat a win as a loss and don’t let anyone impose a ceiling on your potential.

    12 minutes read Issue 1
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    Watch your step: The euro area “disease” and global implications

    The European economy has significantly slowed down over the past two quarters. We look for GDP to contract slightly
in 2012. The European Central Bank has cut its policy interest rate by a further 0.25% in December, and we expect further reductions in 2012.

    The sluggish rate of economic growth across the euro area masks notable growth differences between member countries. We expect Germany, Finland, Austria and other so-called ‘core’ countries to outperform growth in southern countries such as Italy, Spain, Greece and Portugal. The main reasons for this growth divergence are (a) differences
in economic competitiveness (b) the degree to which the government and parts of the private sector are indebted and (c) the differing nature of the financial market shocks. The prevalence of substantial current account deficits still in Greece, Portugal and Spain is an indication that further significant adjustment is needed, given these countries’ substantial levels of externally held debt.

    Government financing costs vary substantially between core countries and the southern countries. For example, in Italy, the two-year government funding costs exceeded 7% in November before falling to the current level near 6%. Comparable German rates are hovering around 0.3%. Consequently, businesses in Italy and other southern countries will also face substantially higher funding costs relative to their German, Dutch or Austrian peers. Companies considering future growth of their businesses are likely to be cautious towards investing in southern Europe until governments are able to demonstrate control over fiscal policy and substantial economic liberalisations.

    The causes of weak growth in the euro area and the divergence between countries are numerous and intertwined. That said, these are the most important underlying causes at present:

    • Foreign demand growth has slowed considerably in the past few quarters: the sharp rise in global inflation pressures in the first half of 2011 eroded real purchasing power of consumers. Also, rising interest rates impacted global demand adversely, particularly in most large emerging markets. This slowdown in foreign demand was particularly notable in leading euro area export economies such as Germany and is well documented in, for instance, German factory orders (Figure 1).

    Demand developments

    • Over the summer and autumn, it became evident that Spain, Italy, Portugal,
Greece and France had to announce additional austerity measures to address rising investor concerns about the sustainability of public finances. We estimate that this will reduce real economic growth in 2011/2012 by around one percentage point.

    • The intensification during Q4 2011 of the sovereign debt crisis has brought parts of the euro area to the brink of significant tightening in credit standards.

    Nevertheless, despite these adverse developments in the euro area, at a global level other regions have been showing greater stabilisation (such as the US and much of Asia).

    Some of these effects are temporary, such as the reconstruction-related surge of
activity in Japan. However, the reduction in global inflation should have the effect of encouraging demand growth going forward, while also giving scope for central banks in emerging economies to ease policy (such as is already being seen with a reduction 
in Chinese bank reserve requirements). The rise in retail sales growth in the US in recent months is one example of this. Given the modest recovery in global demand growth,
 it seems likely to us that the euro area could avoid a deep recession if the problem
of financial sector contagion from Greece and Italy/Spain can be arrested by
decisive action.

    In conclusion, we continue to be very cautious concerning the European outlook, including central and Eastern Europe (which is materially intertwined with the euro area). Investors and global corporates should keep their focus on those faster growing emerging markets in Asia and Latin America with stable political environments. Amongst the developed countries, investors are likely to focus on Canada, Australia/New Zealand and the Nordic countries.

    12 minutes read Issue 1
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    All eyes on China

    Last week marked the tenth anniversary of China’s accession to the World Trade Organisation. In his speech in Beijing on the 11th December 2011, commemorating the event, Pascal Lamy, Director-General of the WTO said: “Ten years is a long minute in China’s millenary history. And yet these ten years have witnessed an unprecedented transformation of China’s economy and society”.

    Both in China and around the world the anniversary is of far greater importance than simply reduced barriers to Chinese markets.

    “China’s growth miracle did not start in December 2001,” Patrick Lamy continues. “It predates its entry into the WTO. But joining the WTO was seen as a means to anchor reforms and pursue the transformation. WTO membership has served as
a stabilizer and accelerator in China’s economic take-off,”

    Video

    All eyes on China: Tom Crotty and Hans Casier visit Tianjin

    00:00

    In 1980 at the outset of its reform and opening up period China produced just 2% of the world’s economic output. In 2010 this figure had risen to around 14% and China overtook Japan to become the world’s second largest economy. By 2016 the IMF expects the figure to rise to around 18%, placing China above the US at the top of the table.

    As China has developed into the world’s most important trading nation, its trading data has also become a key indicator of the world’s economic wellbeing. So it should be no surprise to see data highlighting its export and import growth showed a reduction in November; a clear reflection of the global economic slowdown.

    Recent trade data shows China’s exports grew 13.8% in November from a year earlier, slowing from a 15.9% increase in October. Imports grew 22.1% year-on-year, less than the 28.7% rise a month earlier. Whilst recent growth rates have cooled somewhat, the long term growth forecasts for the region remain impressive. According to estimates, in the next five years it is expected that China’s total imports could exceed $8 trillion, bringing with it enormous opportunities for business around the world.

    It is not surprising that this rate of growth has brought about an unprecedented demand for oil and it is little wonder that the PetroChina oil and gas company enjoys one of the biggest sales revenues in China and is now one of the largest companies in the world.

    Its recent acquisition of 50% of INEOS’ Refining business provides PetroChina with
the perfect springboard to expand its portfolio into Europe and for INEOS provides 
a new partner that has great influence in China. In a deal worth in excess of $1billion PetroChina and INEOS formed trading and refining joint ventures relating to the
refining operations in Grangemouth in Scotland and Lavéra in France. The strategic partnership strengthens the long term sustainability of both refineries; providing further investment, enhancing security of supply, jobs, skills and competitiveness in the European marketplace. There are benefits for both companies and these are by no means confined to the $15billion refining business.

    INEOS has been quick to build on the interest that the PetroChina deal has generated. The recent China Petroleum Chemical International conference in Tianjin saw a strong presence from many of the worlds leading players including INEOS.

    “China is really where the growth is in the world,” commented Tom Crotty, Group Director for Corporate Affairs and Communications, INEOS. “We are looking at growth rates of 10 – 15% in the chemical industry and for a company such as INEOS this is where we have to be.”

    As well as giving a major address to the conference, Tom Crotty and INEOS Oxide CEO, Hans Casier, spoke with many of China’s leading petrochemical Industry figures. They also took time to visit the Tianjin Economic Technology Development Area (TEDA) development site just outside of Tianjin, where major multinationals such as Motorola, Toyota, and Samsung, already have a presence. The current construction programme in the Bohai Bay promises to be an ideal location for the countries burgeoning petrochemicals business.

    Highlighting the pace of change Tom describes the TEDA site: “The new port development outside of Tianjin, is a classic example of what is going on inside China and the rapid rate of development that is taking place. The area was sea two years ago. Since then sea channels have been cleared and a new port constructed. A new 30 million tonne refinery and a whole chemical complex is to be built on the back of this infrastructure, which could present enormous opportunities for INEOS”

    Whilst its limited natural resources and the environmental cost of its rapid development may prove to be restraining factors, for now at least China represents the true land of opportunity and for those with the necessary resources and expertise the door is clearly wide open.

    “The Chinese Petrochemical industry has developed over the past 30 years, and we have a 1.3 billion population so therefore a very high energy demand and a very large energy market,” comments Li yongwu, Chairman of China Petroleum and Chemical Industry Federation. “INEOS has a very big influence on the global petrochemical Industry and we welcome you to come to China, to invest in China and I look forward to cooperating more with you in the future.”

    Since 1973, the business that is now INEOS Technologies has been successfully licensing technology to meet the opportunity presented by increased chemicals demand in China. As the partner to a number of China’s leading chemical companies, over this period it has licensed over 11 million tonnes of chemicals capacity. Today, INEOS Technologies knows China well, with over 38 years of experience, as a leading global licensor of polyolefin, polystyrene, nitriles, vinyls and chlor-alkali technologies in this major world market.

    Other INEOS businesses are also aligning themselves to address the needs of China. At the beginning of this year (2011) INEOS Phenol signed a Memorandum of understanding, with Sinopec to build and operate a $500m phenol and acetone manufacturing site at the Nanjing Chemical Industrial Park in Jiangsu Province.

    INEOS’ Shanghai office is currently home to a sales division representing Technologies, O&P Europe and Phenol. But in a country who’s skyline spans one huge construction project after another and is for now at least driving world economic growth, for Roger Wang, and the rest of the INEOS team in Shanghai, who knows what changes lie ahead.

    11 minutes read Issue 1
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    Design for life

    There are broad principles of how lifestyle can be connected to wellness. Not just the long-term risk of the big Western diseases like heart disease and diabetes, but a lifestyle that drives everyday wellness. This is the kind of wellness that delivers both at home and at work, day in day out.

    Stress management has recently become the leading cause of absenteeism
in the UK labour market. Stress is the harmful physical or emotional response that occurs when the demands on a worker exceed the resources that person has to manage those demands. Many people exhaust a significant part of their resource by poor eating habits and a lack of exercise. If you are excessively tired or highly stressed you will benefit from focusing more on yourself by exploring the guidelines below.

    A quick and easy way to establish the physical shape you are in is based on
two factors, your body mass index (BMI) and your waist to stature ratio (WSR). Your BMI is a measure of your height to weight ratio and is easily calculated online (Google BMI calculator). A number of 24-25 in men is a good weight
if your WSR is okay. For women they often prefer a number around 21-23.
The WSR is an indicator of how high your body fat is. As a guide, experts suggest on average your waist should not exceed half your height. If your BMI is high or if it is normal but your WSR is high you could consider the framework below to get yourself back on track.

    The Basic Rules of Eat Well Live Well:

    1. Hydration; the popular press like to make this area controversial but it works. Drink two litres of water and decaffeinated hot drinks a day.
 Avoid sweetened drinks of any kind.

    2. Three meals a day; get into the breakfast habit, give lunch half a chance, however busy you are and don’t make the evening meal a massive catch up for missed food in the day.

    3. Unrefined carbs are key. Whole fruit not juice, wholegrain not white.
 How close is it to how it grew? It is a long way from corn on the cob to Crunchy Nut Cornflakes. Too much sugar in our diets is a big, bad problem.

    4. Less starch, more fibre. This will drop your body fat, your cholesterol and help your gut work properly. Less bread, pasta, potatoes and rice with more grow-above-the-ground veg instead.

    5. Cut out the rubbish, snacks high in fat, sugar and salt dominate our eating between meals. If you get the meals right you won’t be hungry and you will save the damage that is done eating rubbish between meals.

    6. Very few people eat enough protein in the modern diet. It suppresses appetite and this is the key to reducing unhealthy snacking and dropping the overall daily calorie intake. It also slows the speed that the sugars in our gut hit our blood stream.

    7. Fat has twice the calories by weight than carbs or protein. Much of the flavor in our food is locked in fat. We have moved towards a high fat diet because it tastes better. Processed meat (like sausages, ham and bacon), cheese and butter are often eaten in high volume. The less animal fat you eat the better.

    8. Some of the treats and stimulants we take every day in our diet need to be properly moderated. Limit yourself to two caffeinated drinks a day, one bottle of wine (or five pints of beer) a week and no more than a can of fizzy drink 
a week. (If you smoke do yourself a favour...)

    9. Exercise; how much do you move? Get a pedometer and see if you take 10,000 steps a day. If not you are sedentary and need to gradually build
it up. Everyone benefits from exercise wherever you start from. It is the best antidote to stress we have. Set an appropriate exercise goal that will take three to six months to prepare for. Anywhere from a 5k charity walk to a first marathon or mountain to climb. Find three hours a week to start and build in regular exercise. Take some advice from friends if you are not sure
how to structure it properly.

    7 minutes read Issue 1
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    Shale gas: The changing game

    Shale gas is burgeoning and with it so is American petrochemicals that use this new low-cost source of gas as its main raw material. Shale gas has changed the
 US energy market and is threatening to do the same for energy markets around the world. Production has soared from a meagre 1 to 2% of US output to nearly 25 percent since 2000 to a point where more than a quarter of the country’s total gas output now comes from shale gas.
 By 2035 the proportion could rise to around a half. As more shale gas is brought to the market prices have come crashing down relative to rising oil prices. Not long ago, America depended on imports of liquefied natural gas. Today it is on the verge of becoming a gas exporter.
 Vast “Shale” rock formations with very high hydrocarbon content have been known to exist for nearly a century from geological mapping and drilling for oil and gas across the US. These rock formations were considered to be too “tight” to release oil or gas until new techniques were developed. The techniques have also been known for a while. “Horizontal Directional Drilling” put in practice widely in the 1970s and 1980s and “Hydraulic Fracturing” or “Fracking” first put into practice in the 1950s. But it is only in the past decade that it has become economically and technologically viable, to apply these together and get at these new deposits,

    “Horizontal Directional Drilling” allows the drilling of
an oil/gas well horizontally in the rock “seam” for up to several miles. “Fracking” is the practice of blasting the rock layers underground to fracture the rock allowing high pressure sand, water and chemicals to be pumped into the fracture to allow the oil and gas to flow. In particular a unique feature of “Shale” is that it often produces more natural gas than oil and the natural gas produced is
 often “wet” with Natural Gas Liquids such as ethane and propane. These materials can be recovered from the gas as feedstock to petrochemical operations.

    Video

    Changing the Game: Dennis Seith talks about Shale Gas

    00:00

    Because of the abundance of new wells and production brought on line recently, both natural gas and the gas- based feedstock from the natural gas have fallen in price relative to traditional oil prices and oil derived feedstock such as naphtha used more widely outside of the US. There is no doubt that shale gas has stimulated the petchem sector in the US in the last two years, as can be seen from the many announcements of new crackers. But at the moment it is mainly seen as a US phenomenon.

    “INEOS is in a good position to benefit from the increased ethane production that comes from shale
gas”, comments Dennis Seith, CEO of INEOS Olefins & Polymers USA. “As more product comes available we can access this valuable feedstocks. Our crackers are flexible enough to take these lighter, natural gas liquid feeds, and process them into our primary product ethylene. Shale formations across Texas, the upper Mid-west and in the North Eastern part of the US are being developed and along with low-cost natural gas it is generating substantial quantities of “Natural Gas Liquids”. These developments of lower cost supplies of feedstock present significant
new opportunities for our existing facilities in the US. Earlier this year we announced that we are completing engineering studies to debottleneck ethylene capacity at Chocolate Bayou in Texas. Such an investment would add a further 115,000 tonnes/year. It would meet the needs of INEOS’ commitments to the US Gulf Coast merchant ethylene market, while supporting our high density polyethylene [HDPE] unit at its La Porte, Texas, complex.”

    But “fracking” is not without its issues. Many fear that there is the potential to cause subsidence, geologic instability and contamination of groundwater. As such it has been banned in some US states and countries in Europe until better understood so that better regulations and controls can be developed.

    “INEOS is not in the business of Exploration and Production of shale gas industry but we see the value in a safe, well managed, well regulated extraction that secures a valuable and sustainable energy resource for the nation and its downstream petrochemicals industries.” says Dennis Seith. “The extraction process is well understood and in our view, the natural gas industry in partnership with local and national governments should support ‘common sense’ regulation to ease public worries about potential issues from hydraulic fracturing and ensure that Safety, Health and Environmental concerns are the highest priority for this rapidly growing technology in the US”.

    
For now, the shale gas advantage belongs to the uS but for how long? In Europe gas prices are twice that
of America. So it is no surprise that some European countries are keen to replicate America’s shale gas boom. But it is not quite as straightforward. Costs are higher in Europe because of difficult geology. There is also a lack of political will and higher population density across many European countries making it more difficult to develop the necessary infrastructure for recovery and transportation of gas. All of which mean that it will take some time for this to become a reality. Current views are that the issues will be sorted out and that it is more of a matter of “when” than “if” the “Shale Gale” as it has been dubbed reaches beyond the US.

    As demands on energy around the world continue unabated, it is inevitable that shale gas will play an important role. Initial surveys indicate Poland has enormous reserves of shale gas, as much as 5.3 trillion cubic metres – equivalent to 300 years of their domestic consumption. PetroChina hopes to produce 1 billion cubic metres of shale gas in 2015 in SouthWest China. There has even been a recent discovery of shale gas deposits near Blackpool in the North West of England.

    INEOS has already positioned itself in the debate and as availability of shale gas impacts our markets we are already making efficient use of this valuable resource in the US as it develops. Within Europe INEOS will be in position to accept strategic imports of low-cost ethylene into our new deep sea storage terminal in Antwerp when construction of the facility is complete. With the opening of one of the very few existing deep water terminals in Europe early next year we will be well placed to take full advantage, of lower cost ethylene imports resulting from access to shale gas from across the world.

    8 minutes read Issue 1
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    Debate: Is nuclear power Britain’s best hope for a life after oil?

    The fallout from the crisis at Japan’s Fukushima Dai-ichi nuclear plant,
 the worst radiation disaster since the Chernobyl meltdown 25 years ago, has reverberated around the world. An industry on the cusp of a worldwide renaissance has become crippled by doubt. Countries around the globe have found their energy policies under attack from both opposition parties and public opinion. The European union has called for all nuclear facilities to
be “stress tested” whilst China, the US, Switzerland, India and Germany have suspended approval for new plants. UK energy secretary Chris Huhne has also ordered a strategic review into safety at all British nuclear facilities. The Fukushima crisis has highlighted the dangers of aging nuclear plants at a time when crude oil prices have surged to record
highs following political unrest sweeping through the oil-rich middle-east.

    Is Britain’s only hope for an energy secure future nuclear power? Are there better alternatives? Or do we face a choice of a return to fossil fuels and rolling blackouts?

    FOR:

    THE ANTI-NUCLEAR REACTION TO FUKUSHIMA IS ALARMIST

    No energy source can ever be 100% risk free, but dangers associated with nuclear power have been highly exaggerated by what The Telegraph’s Brendan O’Neil calls “catastrophists”. The Financial Times argues that “facts disappear into the cloud of fear that nuclear accidents produce,” and it is clear that the Fukushima tragedy has tapped into a latent fear of nuclear power that has been festering since the 1970s. Panic created around incidents such as Three Mile Island have lead to similar sweeping statements about safety but most of the calls to abandon nuclear power ignore the disparity in age, design and environmental risk between Fukushima and Britain. In the Guardian, George Monbiot, stated: “As a result of the disaster at Fukushima, I am no longer nuclear-neutral. I now support it. A crappy 40-year-old plant with inadequate safety features was hit by a monster earthquake and a vast tsunami. Yet no one has yet received a lethal dose of radiation.”

    NUCLEAR POWER IS VITAL FOR ENERGY SECURITY

    The political unrest that has swept along the coast of North Africa and into the Gulf States poses
a real threat for British energy security. Oil workers have been forced to leave Yemen and Libya as both countries fall into civil war. Libya was the UK’s third highest importer of oil in 2010. Coupled with dependency on natural gas from a Russian government that has already proved it’s willingness to shut off supplies and the case for continued domestic nuclear dependency becomes highly credible. A Department of Trade and Industry white paper on the future of nuclear power states that “nuclear fuel supply is a stable and mature industry” and that expansion of nuclear power in Britain, “may result in a reduced need for gas supplies which are more heavily concentrated in countries with political instability.”

    NUCLEAR ENERGY IS VITAL FOR CURBING CLIMATE CHANGE

    Britain has proposed that it will reduce it’s carbon emissions by 80% by 2050. In order to achieve this nuclear power must be included in the mix of energy sources that Britain uses. The current long-term energy strategy is based on a three prong attack which includes: a commitment to nuclear energy; the development of more renewable energy, such as wind and sea power; and new carbon-capture technology to mitigate the damaging environmental effects of fossil fuel-fired power plants. Removing nuclear from this equation would require massive extra investment in renewable energy sources, as Tim yeo, Conservative Party chair, points out: “Other forms of low- carbon energy, such as solar or offshore wind are more expensive than nuclear. Solar and wind are not reliable generators of electricity – on cloudy or still days they produce nothing. So they have to be backed up by reliable sources of power.”

    WE ARE OUT OF TIME FOR VIABLE ALTERNATIVES

    All but one of the UKs 10 current nuclear facilities is scheduled for closure by 2023, with eight sites marked out as replacements. EU emission regulations mean that by 2015 most of the country’s coal based power plants will also have to shut down creating a deficit in the national grid that could lead to rolling blackouts that plagued the country in the 1970’s. Tim yeo stated: “It is very likely that without new nuclear power stations we will simply not have enough reliable electricity generation in time to replace the contribution nuclear currently makes.” The options available to post nuclear states are limited, and as George Monbiot argued in the Guardian the answer will be “not wood, water, wind or sun, but fossil fuel,” and “On every measure ... coal is 100 times worse than nuclear power.” Whilst exploratory investment in green technology is admirable, if we are going to meet our future energy demands we must build new nuclear power stations.

    IT IS THE PATH THE GOVERNMENT MUST TAKE

    John McNamara of the Nuclear Industry Association, which advises the government on energy supplies, believes that while the Government must listen to the public over their concerns following Fukushima, “all energy sources have risks attached and we must plan for a safe, robust and low-carbon future to power our economy going forward.” He added that the current fleet of British Nuclear Power Plants has an excellent safety record and is a crucial part of our low-carbon power supply.

    AGAINST:

    A FUKUSHIMA-LIKE MELTDOWN COULD HAPPEN HERE

    It is folly to ignore the dangers the Fukushima disaster has highlighted. Nuclear power is not only a clear and present danger, but also a time bomb for our grandchildren. In fact as recently as September last year EDF admitted to not following correct procedures which led to “unplanned shutdowns” at two reactors at Torness in East Lothian. The event, which was highlighted in a report by the Nuclear Installation Inspectorate, show that you can never protect against incompetence and human error. “These are all events that should ring very loud alarm bells,” said Pete Roche, a nuclear consultant. Brahma Chellaney, Professor of Strategic Studies at the Center for Policy Research in New Delhi, adds that rising sea levels pose a serious threat to coastal plants. “Many nuclear-power plants located along the British coast are just a few metres above sea level.”

    NUCLEAR POWER IS A SECURITY RISK

    Ex-Soviet President Mikhail Gorbachev has spoken out about the terrorist threat posed to countries with nuclear power, he said: “After the heavy damage wrought by terrorists in New york, Moscow, Madrid, Tokyo, Bali, and elsewhere over the past 15 years, we must very carefully consider the vulnerability of reactor fuel, spent fuel pools and related fissile materials, and facilities to sabotage, attack, and theft.” Whilst the UK does not have to contend with the environmental risks associated with the pacific rim countries, such as Japan and California, it is a reality of the modern world that Britain is a target for terrorist attacks.

    ‘GREEN’ NUCLEAR IS A MYTH

    The claims that nuclear power is the ‘green’ option and carbon free are somewhat misleading, completely dismissing the greenhouse gasses generated by the construction of the plant itself, the storage of nuclear waste and the mining of the uranium ore that fuels it. A 2008 report by the International Energy Agency showed that if global nuclear production was quadrupled it would still only make up 10 per cent of the worlds energy production by 2050. Greenpeace have stated that this level of expansion would only lower global carbon emissions by 4%. The issue of the waste legacy also presents a real environmental threat that will last for decades. In 2006, Gordon McKerron, chair of the Committee on radioactive Waste Management, warned the Government that: “We have a 50-year history of not finding any long-term management option for high-level, dangerous radioactive waste.”

    BRITAIN SHOULD LEAD THE WAY ON ALTERNATIVE FUEL

    Britain has the potential to lead the world on renewable energy sources that would allow it to move beyond nuclear power without risking energy security. But we are lagging sadly behind nations such as Germany, who’s rooftop solar panels produce more energy than the Fukushima plant. In October 2010 the Government dropped plans to invest in a 10-mile barrage across the Severn estuary, which could be used to generate “green” electricity. Instead they approved the eight new nuclear sites that are currently under review. At the time Energy Secretary Chris Huhne said: We urgently need investment in new and diverse energy sources to power the UK.” yet Chancellor George Osborne looks to have firmly thrown his weight behind the nuclear industry as in the latest budget they looked to subsidise the nuclear industry, by allowing the newly set up Green Investment Bank to make loans to companies looking to build new nuclear plants, and introduced a carbon floor pricing system that will see nuclear firms pick up a windfall of £1.3-3bn. Green MP Caroline Lucas called this: “A betrayal of our environment.”

    THE PEOPLE WANT RENEWABLE ENERGY, NOT NUCLEAR

    A post-Fukushima survey commissioned by Friends of The Earth shows that 75% of people now want the Government to invest in energy efficiency or renewable energy, whereas a mere 9% want further investment in nuclear power. Craig Bennett, director of policy and campaigns for Friends of the Earth UK, stated that the poll showed the Government’s nuclear expansion plans were “out of step with public opinion” and that they should “urgently refocus their energy policy”, before proceeding with building eight new nuclear power stations.

    This debate is taken from In-Debate Magazine. Visit www.in-debate.com to sign up to their weekly Fully Briefed newsletter.

    12 minutes read Issue 1
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    Prime minister visits INEOS

    The Norwegian Prime Minister, Jens Stoltenberg made a visit to INEOS at Noretyl, when he toured the region of Telemark earlier this year. His visit was arranged by local trade unions and representatives from the Labour party in the region to coincide with the National election campaign in Norway.

    This is not the first visit to the site by the Prime Minister, having visited previously when he was Minister for Industry and Energy. He acknowledged the value of INEOS’ site and understood the importance of secure feedstock availability, as well as competitive electricity prices and taxes.

    Magnar Bakke said: “The visit to Noretyl was as a result of good work from our Union representatives. It gave us a very good opportunity to explain in person to the Prime Minister and his advisors the challenges the chemical industry is currently dealing with in Norway.”

    Accompanying the Prime Minister were local politicians, including MP Terje Aasland (Head of the Industry and Trade committee in the Norwegian Parliament) and representatives from the media.

    2 minutes read Issue 1
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    Lavera hydrocracker reactor replacement

    The Lavera refinery is currently in the process of installing two new reactors in its hydrocracker unit to replace three reactors that have reached the end of their useful mechanical life. The investment that represents almost €40m will help maintain the efficiency and reliability of the Lavera refinery.

    The hydrocracker is a high added-value unit and a major contributor to refinery profitability, taking low value vacuum gasoil and converting it into high value diesel and aviation fuel.

    The existing reactors are over 40 years old and have given loyal service in a high pressure, high temperature, hydrogen-rich reaction environment. Designed to operate safely and efficiently under these conditions the new reactors make the most of the latest advances in metallurgy and are made from forged vanadium and modified chromium steel with a stainless steel overlay.

    To give you a sense of scale of this investment, the heaviest of the vessels weighs 420 tonnes and both are made from steel that is over 185mm thick. Huge cranes and special transportation was needed to manoeuvre the two reactors into place. Thanks to safe and highly precise operations, the reactors are now installed and ready for final tie-in. Start up is scheduled for June 2012.

    2 minutes read Issue 1
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    Sinopec select INEOS Technologies’ Innovene PP process for Maoming, China

    In October Sinopec selected INEOS Technologies’ Innovene polypropylene process for its new project in Guangdong, China. The 200 KTA plant, to be located in Maoming City, will serve the South China markets, including the Pearl River delta region. It is the fourth PP licence signed by INEOS Technologies in China this year.

    Sinopec is the largest polypropylene producer in China and produces a range of products using the Innovene PP technology. The Maoming plant, which is due to start up in 2013, will bring Sinopec’s total capacity based on INEOS Technologies Innovene process to 1.2 million tons of polypropylene.

    Peter Williams, CEO of INEOS Technologies, commented: “We are delighted that Sinopec has selected INEOS as their partner for this project, and look forward to working with them to ensure the success of the new facility. The repeat business from a customer with the stature of Sinopec is a testimonial to the overall excellence of the technology and the support INEOS Technologies provides to its licensees. INEOS has now licensed approximately 1.7 million tons of capacity in China this year alone.”

    2 minutes read Issue 1
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    INEOS Geel, supports Avalympics

    Avalympics is a non-profit organisation that offers a wide range of sports to mental or physically disabled people in and around the community close to our Geel site. These athletes can choose to train and compete in any of 14 sports including G-bicycle racing, an event that is coordinated by INEOS operator at Geel, Gert Verbiest. “We call it G-cycling” said Gert. “It all started three years ago during the annual ‘Ride Together’ activity where I was asked to assist in developing cycling activities. We received a donation of 10 racing bikes because not everyone had one, along with team cycling outfits with included our motto ‘just sports together.’ And we were away!”

    “We started to give cycling training, twice a month on the former F1 race track in nearby Zolder. Our goal was to teach our cyclists to ride as a team, shifting gears, building confidence and competing in time trials.”

    Since then, G-cycling racing has come a long way. The highlight was definitely the climbing of the Mont Ventoux (France) last year. Six G-bikers were selected for this activity and all of them reached the top. Talk about pushing out frontiers and rising to the challenge!

    This season Gert helped to organise two tours from Geel to Xanten in Germany, a distance of 160 km. The average speed of competitors varies between 10 km/h and 39 km/h. Finishing first or last is not important. Everyone finishes in style, hands up in the air, proud of their results.

    “It is a uniquely rewarding experience working with these athletes and I feel incredibly privileged”, Gert concludes. “It is so nice to do this with people that are so grateful and who simply enjoy every minute of these activities. All this is only feasible thanks to the sponsorship of many people and organisations, among them INEOS Olefins & Polymers in Geel”.

    It you want to know more about  Avalympics please visit their website: www.avalympics.be

    3 minutes read Issue 1
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    INEOS Oxide names 3 potential sites on the US Gulf Coast

    INEOS Oxide has confirmed Plaquemine Louisiana, Battleground Dear Park Texas and Chocolate Bayou Texas as the three sites to conduct a final detailed study to expand its Ethylene Oxide (EO) and Ethylene Oxide Derivatives (EOD) capacity as part of its strategy to grow its global business over the next few years.

    “Following our announcement earlier this year, we have narrowed down the potential location for a final detailed study on our EO and EOD investment,” said Hans Casier CEO INEOS Oxide. “The work we have done since March has reaffirmed that the US is the obvious location for INEOS Oxide to consider its next expansion. It is a market we know well where INEOS Group already has a well placed manufacturing presence that is capable of taking full advantage of competitively-priced feedstock.”

    “We are very excited about the project, which will be of a world scale size of at least 500kt of EO with appropriately sized Glycol and derivative units. The Battleground, Chocolate Bayou and Plaquemine sites have proved to be front runners in the screening study, which we have carried out so far. We envisage making a decision on the final location early next year when we will proceed with detailed engineering. Startup of the new complex is foreseen at the end of 2014.”

    2 minutes read Issue 1
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    INEOS Oxide to expand Ethylidene Norbornene (ENB) Capacity

    On the 6th December, INEOS Oxide, confirmed that it is planning to expand its Ethylidene Norbornene (ENB) capacity. As part of its growth strategy it plans to build a new world-scale plant in South East Asia. Site selection studies and feedstock supply discussions are now underway with a view to the plant starting no later than 2015.

    “We believe ongoing global growth and potential new build demand from ENB customers, particularly in EPDM, will require new ENB capacity and we believe South East Asia is the right location for us to access these growing markets”, said Hans Casier, CEO INEOS Oxide.

    “We are pleased to make this announcement that will enable INEOS to continue to support customers as their business grows. Timing of the unit depends on finalisation of feedstock supply agreements, permits and a full engineering design study.”

    ENB is used predominantly in the production of ethylene-propylene-diene rubber (EPDM); an extremely wear and weather resistant high performance rubber which is increasingly being used in cars, white goods and the construction industry. It is also used in the high-value fragrance and flavours industry as a scent carrier.

    2 minutes read Issue 1
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