It's good fun. We make billions in profits so what's wrong with investing a bit of that in sport, in good challenges, good people ? , eliud is the finest marathon runner there has ever been and I think it will be very inspirational, to get kids putting running shoes on.

Jim Ratcliffe

Categorized in : Sports

If Eliud has got a fantastic crowd cheering him on, it's going to make a bit of difference and we don't need to make a lot of difference to make up 26 seconds, i was in the pace car in front of Eliud for the London Marathon and he was looking very serene and comfortable. He's still getting better.

Jim Ratcliffe

sports

If I look at fracking groups, the majority of the ones I have met and heard about are ignorant about fracking, it's outrageous that the government listen to a noisy, miniscule minority instead of looking at science.

Jim Ratcliffe

environment

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

management complicated law people

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.

Jim Ratcliffe

city you nice development

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

live your you sand

You can't have an energy policy that means you can only have a bath when the wind blows.

Jim Ratcliffe

bath you energy wind

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

leave arrogance politics people

I'm not sure we could spell 'shale' in 2008.

Jim Ratcliffe

spell sure could

America's got quite reasonable tax rates from an employee point of view.

Jim Ratcliffe

point view point-of-view america

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

end some size world

It is not necessary, nor appropriate, to sow dissent and misrepresent employees or constantly to threaten industrial action.

Jim Ratcliffe

industrial necessary employees action

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

family community play life

Unions do have a proper role in negotiating for employees and advising employees, but they have to engage with the employer.

Jim Ratcliffe

engage employer employees unions

What we want to see is a long term future for Grangemouth.

Jim Ratcliffe

see future want long

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.

Jim Ratcliffe

here back london business

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

slow will never work

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

yourself you building life

It's always been hard work for us to manufacture in the U.K. It's not a particularly profitable place for us.

Jim Ratcliffe

place always hard-work work

The U.K. is one of the few places in the world that has final salary pensions.

Jim Ratcliffe

places final salary world

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 just disappear energy