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" It is not necessary, nor appropriate, to sow dissent and misrepresent employees or constantly to threaten industrial action. "
Jim Ratcliffe
Dissent
Employees
Action
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" 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. "
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Nice
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Be Nice
" Gas is by far and away the most important element of our energy policy. "
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" 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. "
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" 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. "
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Life
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You
" It's always been hard work for us to manufacture in the U.K. It's not a particularly profitable place for us. "
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" The Brits are perfectly capable of managing the Brits and don't need Brussels telling them how to manage things. "
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Telling
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Capable
" 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. "
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Slow
Things
Will
" In America, if you are a landowner, you own the minerals vertically underneath your plot. So if there is shale, you get a share. "
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You
Plot
America
" 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. "
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Family
Community
Up
" 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. "
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Like
Leave
People
" 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. "
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Arm
World
Some
" If it's hemorrhaging cash, you've got to do something about it. You can't live with your head in the sand. "
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Cash
You
Got
" 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. "
Jim Ratcliffe
Going
Cost
Disappear
" What we want to see is a long term future for Grangemouth. "
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Want
Long
Long Term
" I'm not sure we could spell 'shale' in 2008. "
Jim Ratcliffe
Spell
Sure
Could
" Growing Ineos has been a lot of fun. "
Jim Ratcliffe
Growing
Been
Fun
" Shale is one answer to the U.K.'s energy problem, and it has obviously worked extraordinarily well in America. "
Jim Ratcliffe
Energy
Answer
America
" 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. "
Jim Ratcliffe
Play
Management
People
" America's got quite reasonable tax rates from an employee point of view. "
Jim Ratcliffe
Point Of View
Point
Tax
" Unions do have a proper role in negotiating for employees and advising employees, but they have to engage with the employer. "
Jim Ratcliffe
Proper
Engage
Employees
" You can't have an energy policy that means you can only have a bath when the wind blows. "
Jim Ratcliffe
You
Policy
Bath
" There's no substitute for seeing firsthand a well being drilled. "
Jim Ratcliffe
Seeing
Being
Well
" The U.K. is one of the few places in the world that has final salary pensions. "
Jim Ratcliffe
Places
World
Few
" We believe Ineos is a refreshing place to work. We believe strongly in employee share ownership. "
Jim Ratcliffe
Place
Ownership
Work