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Ineos
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Major petrochemical company manufacturing a range of chemical products

Founded in 1998
Founded in

Company type Private Public ()
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Industry Group materials & chemicals

Sector fuels & chemicals

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters United Kingdom Lyndhurst, United Kingdom
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Updated by Sunena Gupta at on 11/14/2023

Edited by Cleantech Group on 01/11/2024

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Date Company
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Date Partner Type
11/23/2020
Hyundai Motor Hyundai Motor
Hyundai and Ineos are partnering to explore production and supply of hydrogen to fuel cell vehicles as well as technology and business models for hydrogen fuel cell vehicles.
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Confirmed by Hyundai Motor
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IPO INFORMATION

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Date Investors Type Amount
02/13/2023 (0)
Post-money valuation of
INEOS Olefins Belgium has raised $3.7B to support the construction and operation of an environmentally sustainable cracker. It comprises $1.58B of uncovered debt, $1.27B of covered facilities from export credit agencies UKEF, Cesce and SACE; and an $844M covered tranche of which up to $527M is guaranteed by Gigarant.
Project Finance $3,700,000,000
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