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Looked up Ineos

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Joined: 12 Apr 2004
Posts: 3307
Location: Springfield

8/15/19 5:57 PM

Looked up Ineos

Not attaching a value, I just didn't know what business the sponsor was in, just that it had to take deep pockets to sponsor Sky.

From Wikipedia:

privately owned UK multinational chemicals company headquartered in London, UK,

It is the top chemicals company in the world as measured by sales revenue currently around $90 billion.

The name Ineos is derived from Inspec Ethylene Oxide Specialities, a previous name of the business.

The company grew quickly through the acquisition of commodity chemical businesses from corporate giants such as BP, ICI and BASF.

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Joined: 11 Jan 2004
Posts: 4389
Location: metro-motown-area

8/16/19 7:19 AM

i'm guessing head-honcho/founder Jim Ratcliffe is a big-time cycling enthusiast and just funded the team himself -- basically a british Oleg Tinkov.

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Joined: 08 Dec 2003
Posts: 17925
Location: Portland, OR

8/16/19 8:46 AM

"basically a british Oleg Tinkov."

exactly my thought. ;)

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