INEOS AG
Acronym: INEOS
General Information
Identification Code: 344826112965-44
Website: [object Object]
Entity Form: Company
Registration Category: Companies & groups
Registration Date: 2/14/2014
Last Update: 3/8/2024
EP Accredited Number: 0
Mission & Interests
Goals: INEOS is a global chemical company. Our products touch every aspect of modern day life.
INEOS comprises many businesses with ca 200 sites in 30 countries throughout the world, covering chemical and oil & gas industries, together with a number of consumer brands and sports interests.
Our chemical businesses are combined into larger financial groups; businesses include O&P EU/US, Oligomers, Oxide, Nitriles, Phenol, Styrolution, INOVYN, Aromatics, Acetyls, Enterprises, and more. We also operate a number of energy businesses in the North Sea, together with the Forties Pipeline System; and INEOS takes also part in a number of joint ventures.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
- Banking and financial services
- Borders and security
- Business and industry
- Climate action
- Communication
- Competition
- Consumers
- Customs
- Digital economy and society
- Economy, finance and the euro
- Education and training
- Employment and social affairs
- Energy
- Environment
- European neighbourhood policy
- External relations
- Food safety
- Foreign affairs and security policy
- International co-operation and development
- Justice and fundamental rights
- Public health
- Regional policy
- Research and innovation
- Single market
- Sport
- Taxation
- Trade
- Trans-European Networks
- Transport
- Youth
Levels of Interest:
- global
Activities
Main EU Legislative Proposals: INEOS mainly works through its associations at European and member state level.
Climate, energy and sustainability policy related initiatives are continuously followed at INEOS. This concerns inter alia relevant EU legislation, roadmaps, impact assessments and responses to consultations regarding emissions, energy, water, waste, resources, products, pollution, plastics, etc., next to reporting obligations and standards; all framed by the European 2030/40/50 strategies and the recent ESG framework. The latter includes core areas for the chemical industry, such as SHE and REACH, next to social responsibilities (workforce, compliance, due diligence, etc.) and ESG governance. This is in addition to any policy with impact on chemical industry strategies, competitiveness and global level playing fields.
Communication Activities: INEOS hosted a DG CLIMA (B2 unit) site visit in December 2023 to discuss ETS and CBAM issues. Likewise INEOS engaged with DG FISMA and EFRAG to discuss the implementation of the CSRD.
INEOS also participated in the Antwerp summit in February 2024 to discuss industrial competitiveness, and issued an open letter to the commission president following the meeting.
Inter-institutional or Unofficial Groupings: N/A
Head Office
Address: Avenue des Uttins, 3
Post Code: 1180
City: Rolle
Country: SWITZERLAND
Phone: [object Object]
EU Office
Address: Avenue des Uttins, 3
Post Code: 1180
City: Rolle
Country: SWITZERLAND
Phone: [object Object]
Financial Data
New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Membership Information
Members10 Percent: 5
Members25 Percent: 0
Members50 Percent: 0
Members75 Percent: 0
Members: 5
Members F T E: 0.5
Info Members: INEOS mainly works through its associations at European and member state level for all covered activities.
INEOS rarely participates in activities to influence EU legislation but does have a few public affairs employees in our businesses who occasionally engage on EU policy.
Structure
Structure Type: Structure
Is Member Of: INEOS' businesses are listed on www.ineos.com.
Organisation Members: The updated list of INEOS' memberships, including signed industry charters, can be found in our sustainability reports and on our website (https://www.ineos.com/sustainability/governance/associations-and-initiatives).
INEOS is corporate member of several European, international as well as national and regional associations, such as
• Cefic.org: ExCom, Board, programme councils, fora, issue teams, working and sector groups
• PlasticsEurope.org: ExCom, Board, strategic councils, working groups
• Petrochemistry.eu: ExCom, Board, working groups Petrochemicals Europe
• Eurochlor.org: Board, task forces
• Epca.eu: Board
• Suschem.org: member SusChem Europe
• Iscc-system.org: corporate member
• Napcor.com: corporate member
• Petcore-europe.org: corporate member,
next to national associations and councils in all countries with INEOS activities.