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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Ineos Eyes Organic Growth but U.K. Cracker Will Close

5:50 AM MST | January 27, 2012 | —Natasha Alperowicz

Crotty: Ineos too big for major acquisitions. Ineos will have a greater focus on organic growth than on acquisitions in the future, group director Tom Crotty tells CW. “We have to do a lot more organic growth than we used to...because from a competition law point of view it is quite hard to expand what are already quite large businesses,” Crotty says. Some of that growth will be by Ineos alone and some will be as part of partnerships, he says. Crotty, in a recent, wide-ranging discussion, also confirmed to CW that the smaller of the company’s...

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