Grit, Rigour, Humour Doctrine Across Diverse Sectors

"Even from where I sit today I cannot guarantee the success of Oil & Gas and Auto. Only time will tell. But I guarantee that we will apply our abiding principles of Grit, Rigour, Humour to these two potentially enormous businesses for INEOS."

"Today I feel we have made good progress in all the areas above. Sport has settled, and we can see good progress in the America’s Cup and Football. Cycling and Formula One are both run by the world’s best pros, and we don’t presume to be able to offer a great deal of advice – well, maybe just occasionally when Toto or Dave get their tyre choices muddled (). Oil & Gas has seen the arrival of two very senior pros from BP and has been transformed. Belstaff will show its first profit for a decade or more, and it recorded its highest ever sales level in 2022. And Auto have finally sold a car! I have fallen in love with the Grenadier, which always brings a smile to my face when I open the garage door and the unused G-Wagen keys gather dust on the garage hook."

"We have a thirst for challenges that will not go away. Our many CEOs and management teams will make sure of that. But we will never forget that our core business, which drives and funds INEOS, is petrochemicals, unloved in some quarters, maybe, but essential to life as we now know it. And that our core values of Grit, Rigour and Humour will ensure, I hope, that we will always do things well and professionally."