Ineos Group Limited is a British multinational conglomerate headquartered and registered in London. As of 2025, it was the ninth largest chemical company in the world, with additional operations in fuel, packaging and food, construction, automotive, pharmaceuticals, textiles, and professional sports. Ineos is organised into about 20 standalone business units, each with its own board and operating almost entirely independently, although founder Jim Ratcliffe, who owns a controlling interest, and his associates, who collectively own a minority share, sit on their boards occasionally.
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👉 Ineos in the context of Grangemouth Refinery
Grangemouth Refinery was an oil refinery complex located on the Firth of Forth in Grangemouth, Scotland, built by BP but latterly operated by Petroineos. It was the only operating crude oil refinery in Scotland, and with its closure left five remaining refineries in the UK. Grangemouth until that point was the oldest refinery in the UK and supplied 65% of Scotland's oil products, including petrol and diesel.The refinery processed its last crude in April 2025, and is slated to fully convert to a fuels terminal from July 2025 onwards.
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Ineos in the context of Recirculating ball
Recirculating ball, also known as recirculating ball and nut or worm and sector, is a ball screw steering mechanism commonly found in older automobiles, off-road vehicles, and some trucks. Most newer cars use the more economical rack and pinion steering instead, but some upmarket manufacturers (such as BMW and Mercedes-Benz) held on to the design until well into the 1990s for the durability and strength inherent in the design. A few, including Chrysler, General Motors, Lada and Ineos, still use this technology in certain models including the Jeep Wrangler, the Ineos Grenadier Quartermaster and the Lada Niva.
Ineos in the context of Grangemouth
Grangemouth (Scots: Grangemooth; Scottish Gaelic: Inbhir Ghrainnse, pronounced [ˈiɲɪɾʲ ˈɣɾaiɲʃə]) is a town in the Falkirk council area in the central belt of Scotland. Historically part of the county of Stirlingshire, the town lies in the Forth Valley, on the banks of the Firth of Forth, three miles (five kilometres) east of Falkirk, five miles (eight kilometres) west of Bo'ness and 13 miles (21 km) south-east of Stirling. Grangemouth had a resident population of 17,906 according to the 2001 Census. Preliminary figures from the 2011 census reported the number as 17,373.
Grangemouth's original growth as a town relied mainly on its geographical location. Originally a bustling port, trade flowed through the town with the construction of the Forth and Clyde Canal in the 18th century. Nowadays, the economy of Grangemouth is focused primarily on the large petrochemical industry of the area which includes the oil refinery, owned by Ineos, one of the largest of its kind in Europe. The town is twinned with La Porte, Indiana, U.S..