Grangemouth refinery boss and would-be UK Shale King moves into new ‘home’ overlooking Harrods

INEOS Chairman and founder Jim Ratcliffe can overlook Harrods from the his new corporate office in London
INEOS Chairman and founder Jim Ratcliffe can overlook Harrods from his new corporate office in London

INEOS – Britain’s second biggest manufacturing company and which owns the Grangemouth petro-chem refinery – has announced that it is now growing so fast in the UK that it is setting up a new corporate headquarters building in London.

Overlooking near neighbour, the Harrods department store, the building will house over 100 people and provide a home for all of the INEOS UK businesses including its Grangemouth business, its oil and gas ventures, its shipping business, its trading business and its new INOVYN joint venture as well as a number of corporate services.

Rolle in Switzerland will remain the headquarters for a number of well-established INEOS businesses and INEOS will formally refer to itself as an Anglo / Swiss company.

Jim Ratcliffe, INEOS chairman and founder said, “It makes perfect sense for INEOS to set up its new UK corporate headquarters in London. We are growing fast in the UK and London is a great location for our UK base.

“The turnover of our total businesses now exceeds £35 billion and we have over 10,000 British employees and contractors”.    

 See also:

 Grangemouth owner pledges to make INEOS the biggest domestic shale gas supplier in the UK – http://goo.gl/8z6YFU

 INEOS boss launches first two shale-gas supertankers in China to supply his Scottish refinery – http://goo.gl/fULqE6

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