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" I think the U.K. would be perfectly successful as a standalone country, part of the European marketplace like Norway and Switzerland but without the expensive E.U. bureaucracy. "

Jim Ratcliffe

Bureaucracy

Country

Successful

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" If it's hemorrhaging cash, you've got to do something about it. You can't live with your head in the sand. "

" Gas is by far and away the most important element of our energy policy. "

" Ineos is a friendly organisation. Very few people leave. It's collegiate. There's not much politics, and we like decent people. We don't like arrogance or bullies. "

Jim Ratcliffe

Leave

People

" Shale is one answer to the U.K.'s energy problem, and it has obviously worked extraordinarily well in America. "

" Brussels has become inefficient and very bureaucratic, which makes it slow to do things. The concept of the United States of Europe will never work. "

" Unions can play a valuable role in large organisations where it is difficult to talk to a thousand people. They can negotiate annual pay awards with management, represent grievance cases, and explain and advise on complicated changes in employment or pension law. "

" Towards the end of 2005, Ineos acquired Innovene, the petrochemicals arm of BP, for $9 billion. It quadrupled the size of Ineos overnight and brought with it some of the world's largest industrial sites. "

" It's always been hard work for us to manufacture in the U.K. It's not a particularly profitable place for us. "

Jim Ratcliffe

Work

Always

" The U.K. is one of the few places in the world that has final salary pensions. "

" Unions do have a proper role in negotiating for employees and advising employees, but they have to engage with the employer. "

" It is not necessary, nor appropriate, to sow dissent and misrepresent employees or constantly to threaten industrial action. "

" What we want to see is a long term future for Grangemouth. "

" While unions did not play a part in my family life when I was being brought up, my early years were most certainly spent in a working-class community. "

Jim Ratcliffe

Family

Community

" The U.K. is already disadvantaged on the wholesale cost of energy, and then it puts taxes on it. Anybody who's an energy user is just going to disappear. "

" America's got quite reasonable tax rates from an employee point of view. "

" It would be nice if areas could be revitalised - like places in the U.S. such as Pittsburgh, for example, which have been transformed through shale. There you have shiny cars in a shiny city because of the development of shale in an old industrial heartland. "

" I'm not sure we could spell 'shale' in 2008. "

" In America, if you are a landowner, you own the minerals vertically underneath your plot. So if there is shale, you get a share. "

" We believe Ineos is a refreshing place to work. We believe strongly in employee share ownership. "

" There's no substitute for seeing firsthand a well being drilled. "

" You can't have an energy policy that means you can only have a bath when the wind blows. "

" Growing Ineos has been a lot of fun. "

" I'm very cheerful about coming back to the U.K. We increasingly found ourselves gravitating towards London. There was so much going on for our business, and we had grown substantially here. "

" If you have spent your life building Ineos, and you find yourself in a crisis, you are going to do anything you can to save what you have been building. "