INEOS GROUP - PLASTICS

 

 

 

 

INEOS Group - Global sales: $60 billion


Ineos Group Limited is a multinational chemicals company headquartered in Rolle, Switzerland.

 

Ineos is an acronym for INspec Ethylene Oxide Specialities. The company produces plastics, resins and intermediates for all major markets including packaging, pharmaceuticals, agrochemicals, textiles, consumer goods, building & construction, and automotive & transportation.

 

The company operates in 24 countries across the world, has 171 sites and employs over 19,000 people. The company generated about $60 billion sales in 2018.

 

Most companies in the plastic business operate responsibly toward the environment, seeking to limit ecological damage beyond their control ......

 

 

 

 

COMPANY A - Z

EMPLOYEES

$ BILLIONS

-

-

-

ALPLA:

17,300

3.3

Аrkema SA:

-

-

BASF:

39,000

63.7

Borealis AG:

-

-

Borouge (Abu Dhabi Polymers Co Ltd):

6,500

7.2

Braskem SA:

-

-

ChevronPhillips Chemical:

5,000

13.4

CNPC:( China National Petroleum Corp):

1,470,190

326.0

Dow Chemicals:

14,000

49.0

DuPont:

-

-

ENI S.p.A. Ente Nazionale Idrocarburi:

33,000

61.6

Exxon Mobil:

75,600

290.0

Formosa Plastics Corporation:

2,800

5.0

INEOS (Ineos Group AG):

19,000

60.0

Lanxess:

16,700

7.9

LG Chem:

14,000

17.8

Lyondell Bassell:

13,000

33.0

Polyone Corp:

-

-

Reliance Industries Ltd:

-

-

Repsol SA:

-

-

Sasol Ltd:

-

-

SABIC: (Saudi Arabia Basic Industries Corp)

40,000

35.4

Sinopec:

249,000

314.4

Tosoh Corp:

-

-

Total SA:

-

-

 

 

 

We cannot do without plastics in our modern society. It is incredibly versatile, extending the capabilities of mankind. But plastic is getting bad press from a lack of recycling efficiency in many countries where significant quantities are being flushed out to sea via rivers and other coastal dumping.

 

There is nothing wrong with plastic if it is disposed of carefully. Oil derived plastics are a finite resource and non-renewable demanding special attention, as with the changeover from burning fossil fuels to renewables.

 

This gives us another good reason to develop a system for making the best use of plastic, and this includes recycling it way more effectively than before. We cannot afford to waste plastic that is in our oceans, and we are talking about at least 8 million tons a year of the stuff going out to sea.

 

 

 

FAST FOOD SLOW DEATH - It's not just fast food, it is our exploitative society that is poisoning the planet, without thought for the consequences. We've been living at artificially low prices at the expense of killing other life on earth. Eat cheap now and suffer expensively later, with health services picking up the tab and costing the taxpayer more than if we'd dealt with ocean dumping up front. We are talking here about the consequences of eating toxic fish. Technically, it is possible to remove plastic from seawater. There are two projects currently trying to achieve this, the Ocean Cleanup Projects of Boyan Slat and his giant floating booms, and the Cleaner Ocean Foundation and SeaVax.

 

 

It's easy to dismiss plastics as cheap and nasty materials that wreck the planet, but if you look around you, the reality is that we depend on it. If you want cars, toys, replacement body parts, medical adhesives, paints, computers, water pipes, fiber-optic cables, and a million other things, you'll need plastics as well.

 

If you think we struggle to live with plastics, try imagining for a moment how we'd live without them. Plastic is pretty fantastic. We just need to be smarter and more sensible about how we make it, use it, and recycle it when we're done with it.

 

Most plastics are synthetic, they'd never spontaneously appear in the natural world and they're still a relatively new technology, so animals and other organisms haven't really had chance to evolve so they can feed on them or break them down.

 

Since a lot of the plastic items we use are meant to be low-cost and disposable, we create an awful lot of plastic trash. Put these two things together and you get problems like the Great Pacific Garbage Patch, a giant "lake" of floating plastic in the middle of the North Pacific Ocean made from things like waste plastic bottles.

 

How can we solve horrible problems like this? One solution is better public education. If people are aware of the problem, they might think twice about littering the environment or maybe they'll choose to buy things that use less plastic packaging.

 

Another solution is to recycle more plastic, but that also involves better public education, and it presents practical problems too (the need to sort plastics so they can be recycled effectively without contamination). A third solution is to develop bioplastics and biodegradable plastics that can break down more quickly in the environment.

 

 

 

 

 

LINKS & REFERENCE

 

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BUILD UP - Plastic has accumulated in five ocean hot spots called gyres, see here in this world map derived from information published by 5 Gyres. All that plastic just floating around is a huge waste of resources in a sustainable sense, where we should be aiming for a circular economy.

 

 

 

RECYCLING TECHNOLOGY - Autonomous river and sea cleaning machines are on the horizon with energy harvesting from nature under development in 2019 - a 12m craft planned for construction in 2020 - with filtration scheduled to be added in 2021. Collaborative research with producers and end users is welcomed, aiming for sustainability in a circular economy.

 

 

 

ABS - BIOMAGNIFICATION - CANCER - CARRIER BAGS - COTTON BUDS - DDT - FISHING NETS - HEAVY METALS - MARINE LITTER

MICROBEADS - MICRO PLASTICS - NYLON -  PACKAGING - PCBS -  PET - PETROLEUM - PLASTICS -  POLYCARBONATE - POLYOLEFINS

POLYPROPYLENE - POLYSTYRENE - POLYTHENE - POPS PVC - SHOES - SINGLE USE - SOUP - STRAWS - WATER

 

 

 This website is provided on a free basis as a public information service. copyright Cleaner Oceans Foundation Ltd (COFL) (Company No: 4674774) 2019. Solar Studios, BN271RF, United Kingdom. COFL is a company without share capital.

 

 

 

 

INEOS GROUP AG POLYMERS PLASTICS CHEMICALS MANUFACTURERS PETROLEUM