Jim Ratcliffe is a British Billionaire chemical engineer turned financier and industrialist. Ratcliffe is the chairman and chief executive officer of the Ineos chemicals group, which he founded in 1998 and of which he still owns two-thirds, and which has been estimated to have a turnover of $80 billion.
Below are Inspirational Quotes from Jim Ratcliffe:
- “America’s got quite reasonable tax rates from an employee point of view.” Jim Ratcliffe
- “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.” Jim Ratcliffe
- “Unions can play a valuable role in large organisations where it is difficult to talk to a thousand people.” Jim Ratcliffe
- “It is not necessary, nor appropriate, to sow dissent and misrepresent employees or constantly to threaten industrial action.” Jim Ratcliffe
5. “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
- “Unions do have a proper role in negotiating for employees and advising employees, but they have to engage with the employer.” Jim Ratcliffe
- “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
- “What we want to see is a long term future for Grangemouth.” Jim Ratcliffe
- “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
10. “The Brits are perfectly capable of managing the Brits and don’t need Brussels telling them how to manage things.” Jim Ratcliffe
- “You can’t have an energy policy that means you can only have a bath when the wind blows.” Jim Ratcliffe
- “There’s no substitute for seeing firsthand a well being drilled.” Jim Ratcliffe
- “Growing Ineos has been a lot of fun.” Jim Ratcliffe
- “Gas is by far and away the most important element of our energy policy.” Jim Ratcliffe
15. “Shale is one answer to the U.K.’s energy problem, and it has obviously worked extraordinarily well in America.” Jim Ratcliffe
- “In America, if you are a landowner, you own the minerals vertically underneath your plot. So if there is shale, you get a share.” Jim Ratcliffe
- “If you go to the U.S., you’ve got a huge market, cheap energy, good skills, and pensions are a sensible cost.” Jim Ratcliffe
- “We believe Ineos is a refreshing place to work. We believe strongly in employee share ownership.” Jim Ratcliffe
- “If it’s hemorrhaging cash, you’ve got to do something about it. You can’t live with your head in the sand.” Jim Ratcliffe
20. “I’m not sure we could spell ‘shale’ in 2008.” Jim Ratcliffe
- “I’m very cheerful about coming back to the U.K.” Jim Ratcliffe
- “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.” Jim Ratcliffe
- “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.” Jim Ratcliffe
- “The U.K. is one of the few places in the world that has final salary pensions.” Jim Ratcliffe