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Chemical Week Magazine :: Business & Finance :: United States/Americas

Ratcliffe: Ineos shifting capital to US, rationalizing in Europe

5:29 PM MDT | April 1, 2013 | —Clay Boswell in San Antonio

Ineos will increasingly direct capital investment to the United States, attracted by low feedstock and energy costs, according to Jim Ratcliffe, chairman of the Switzerland-based chemical giant. The United States already contributes more than half of the company’s profits, he said, and that share will grow....

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