- According to his profile at INEOS, Jim Ratcliffe began his career with Exxon Chemicals where he completed his MBA at London Business School. 
He has described shale gas as a “saviour“ of the UK economy. He is known for his aggressive pursuit of industrial assets in the UK, including the Grangemouth petrochemical plant and refinery, Forties pipeline, and fracking licenses. , , , 
Stance on Climate Change
While Ratcliffe does not appear to have released an official statement on climate change, Daily Mail reported in 2015 that he was building a new “climate change proof” £4 million beachfront mansion in the UK. 
“It seems reasonable to assume that INEOS‘ emissions amount to millions, if not tens of millions of CO2 every year,” a Christian Aid spokesman said.
“Yet despite the company’s vast scale, it manages to keep an extremely low profile, releasing only snippets of information about its emissions of greenhouse gases.
“The fondness for a low profile is shared by majority shareholder Jim Ratcliffe, Britain’s tenth richest man with an estimated personal fortune of £3.”
Documents released under a freedom of information act request revealed INEOS was also leading a push to use Brexit as an opportunity to exempt the chemical sector entirely from climate change policy costs, The Guardian reported. 
March 16, 2017
“Holy sh*t. This would be like giving a monkey a machete […] Letting Jim Ratcliffe loose on all the operators who feed into that pipeline is a dangerous, dangerous ploy.”
September 27, 2016
“There’s no science behind the arguments the vocal minority are making,” Ratcliffe claimed. “America is much more regulated than the UK and they’ve drilled a million wells and it’s been very successful, they’re not polluting things and I don’t understand it other than the vocal minority makes more noise than the majority who are in favour of shale in every survey that we do.”
September 12, 2015
With regards to fracking, Ratcliffe added:
“I think a lot of opposition is based on hearsay and rumour. In the US they have drilled one million wells and not had an environmental incident for six years.”
“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.”
September 25, 2020
Ratcliffe officially relocated to Monaco, Bloomberg reported, where residents are not obligated to pay income or capital gains taxes. He had originally considered moving the location of INEOS abroad after a tax disagreement with the British government. 
February 13, 2019
February 4, 2019
Ratcliffe called on the government to relax regulations on earth tremors caused by fracking or ban the extraction method altogether, the Independent reported. He referred to the regulatory environment in the US where earthquakes of up to 4.0 on the Richter scale are permitted. 
INEOS successfully obtained a temporary national injunction against all anti-fracking protests to its activities. INEOS has licenses to explore for shale gas across the largest area of any company in the UK. 
Ratcliffe forced the closure of the Grangemouth refinery during an industrial dispute. INEOS said it would consider whether to reopen the plant once the “threat of strike action” had been removed. 
- INEOS — Chairman and chief executive officer. 
- Esso 
- Courtaulds [
- Advent International — Joined in 1989. 
- Inspec — Former Director (Inspec Fine Chemicals). , 
- Chem Aviation — LLP Designated Member. 
- Hampshire Aviation — LLP Designated Member. 
- Screencondor — Former Director. 
- Lime Wood Group — Former Director. 
- Inovyn Group — Former Director. 
- Hampshire Charters — Former LLP Designated Member. 
- Hawkslease Finance Company — Former Director. 
- Lucite International — Former Director. 
- Evonik Specialty Organics — Former Director. 
- Elements PLC — Former Director. 
- BASF UK — Former Director. 
- Hythe Chemicals — Former Director. 
- Cognis Specialty Organics — Former Director. 
- Revertex Chemicals — Former Director. 
- @INEOS on Twitter.
- Jim Ratcliffe and Ursula Heath. The Alchemists: The INEOS Story – An Industrial Giant Comes of Age. Biteback Publishing (1 Jun. 2018).
- “Jim Ratcliffe: My battle with the union and why we trail behind Germany,” The Telegraph, November 3, 2013.
Greg Russell. “Ineos chief Jim Ratcliffe says shale gas could be the saviour of the UK economy,” The National, September 27, 2016. Archived December 27, 2018. Archive.fo URL: https://archive.fo/j5jDC
Tracey Boles. “Ineos billionaire Ratcliffe comes home after Swiss tax exile,” CityA.M.. July 17, 2016. Archived December 27, 2018. Archive.fo URL: https://archive.fo/4wlkE
“Grangemouth dispute: Ineos says petrochemical plant will close,” BBC News, October 23, 2013. Archived December 27, 2018. Archive.fo URL: https://archive.fo/QNuUU
Darren Boyle. “Billionaire plans to fit new £4million mansion with hydraulic stilts that will keep it safe from rising sea levels… and it heats itself using the OUTSIDE AIR in temperatures as low as -25C,” Daily Mail, April 18, 2015. Archive.fo URL: https://archive.fo/XPQpm
“Fracking firm Ineos leads industry lobbying to avoid green tax,” The Guardian, April 3, 2017. Archived December 27, 2018. Archive.fo URL: https://archive.fo/mK299
Annie Brown and Charlie Gall. “Fury at billionaire Jim Ratcliffe ‘bringing North Sea oil and gas pipelines under his control‘,” Daily Record. March 16, 2017. Archived December 27, 2018. Archive.fo URL: https://archive.fo/rBnnx
David Hellier. “Jim Ratcliffe: ‘Fracking can be done safely. A lot of opposition is based on hearsay’,” The Guardian, September 12, 2015. Archived December 27, 2018. Archive.fo URL: https://archive.fo/l7Pyl
“Jim Ratcliffe: My battle with the union and why we trail behind Germany,” The Telegraph, November 3, 2013. Archived December 27, 2018. Archive.fo URL: https://archive.fo/vUvdW
Kyla Mandel. “Growing Number of Restrictions Placed by Police, Councils on Anti-Fracking Protests,” DeSmog, September 11, 2017.
Kyla Mandel. “Why Did Scotland’s First Minister Meet with Pro-Fracking Firm Ineos the Same Day Scotland Announced a Moratorium?“ DeSmog, April 10, 2015.
Ben Chapman. “Fracking must be banned unless government relaxes earthquake limits on process, UK‘s richest man says,” Independent, 4 February, 2019. Archived February 6, 2019. Archive.fo URL: http://archive.fo/lpfso
Emily Gosden. “Ineos boss attacks ‘stupid’ European policies on energy,” The Times, February 13, 2019. Archive.fo URL: http://archive.fo/ODsM9. Archived .pdf on file at DeSmog.
Benjamin Stupples, U.K.’s Richest Man Jim Ratcliffe Surfaces as Monaco Resident, September 25, 2020. Archived September 28, 2020. Archive URL: https://archive.vn/F1dJv
“The Rich List Interview” (PDF), The Sunday Times, May 7, 2017. Retrieved from INEOS.com.
“Jim Ratcliffe,” Wikipedia.
Photo: Wikimedia Commons | CC3.0