Story perspectives
Ineos Founder Jim Ratcliffe Negotiates Asset Sales Amid Debt Crisis
2/25/2026
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Story summary
- Jim Ratcliffe, founder of Ineos, is negotiating to sell assets from Ineos Inovyn to raise funds for growing debts, according to the Financial Times.
- The company faces a challenging chemicals market, with over £18 billion in borrowings, pressure from credit rating agencies, and Ratcliffe's criticism of Europe’s climate policies and rising carbon costs.
- Ineos has received €200 million in new equity and is exploring refinancing to maintain liquidity amid losses.
