INEOS Team GB

chesirecat

Super Anarchist
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Shoebox on M'way
That would be nice.

Care to add more context as a quick search fails to provide me with any.
Nothing in the press but I noted he's got some 30 from the Ineos group in his Auckland office. They wont be anybodies, just on getting them through quarantine, visa's etc. Must be something in it for NZ Gov,  so why?

Next looking at the way Ineos is developing and his modus operandi. He invests in the bottom cycles operating globally and he operates the most efficient crackers in the industry -(with the highest safety records as he links safety to productivity). He ships ethane from shale fomr the states as its the cheapest place to get it but processes it in Holland where euro ethane costs three times more. He built special tankers to do it.  Crackers emit methane but methane can be used to create hydrogen where he's also heavily investing. Hydrogen is going to be big especially as batteries are becoming toxic in more ways than one.

If he wants to export to the far east and he's got plenty of cheap shale oil from the US, where would be a good place to build a combines cracking and hydrogen plant, which has a relatively unused deepwater port and under developed with good export relations to the far east?

Last, he took a tour of the SI in his yacht. People like him just don't wander off on a little cruise, they've got business to do. 

2000 jobs for the cracking plant, up to a 1000 for the hydrogen stuff, plus a power station plus infrastructure in NZ SI. Not  to mention his expanding plastic recycling operations.

 
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barfy

Super Anarchist
5,228
1,454
Nothing in the press but I noted he's got some 30 from the Ineos group in his Auckland office. They wont be anybodies, just on getting them through quarantine, visa's etc. Must be something in it for NZ Gov,  so why?

Next looking at the way Ineos is developing and his modus operandi. He invests in the bottom cycles operating globally and he operates the most efficient crackers in the industry -(with the highest safety records as he links safety to productivity). He ships ethane from shale fomr the states as its the cheapest place to get it but processes it in Holland where euro ethane costs three times more. He built special tankers to do it.  Crackers emit methane but methane can be used to create hydrogen where he's also heavily investing. Hydrogen is going to be big especially as batteries are becoming toxic in more ways than one.

If he wants to export to the far east and he's got plenty of cheap shale oil from the US, where would be a good place to build a combines cracking and hydrogen plant, which has a relatively unused deepwater port and under developed with good export relations to the far east?

Last, he took a tour of the SI in his yacht. People like him just don't wander off on a little cruise, they've got business to do. 

2000 jobs for the cracking plant, up to a 1000 for the hydrogen stuff, plus a power station plus infrastructure in NZ SI. Not  to mention his expanding plastic recycling operations.
Interesting. I found a fair bit of work done in NZ using your keys, I just couldn't connect any dots. To me the market as always in NZ is...too small to be of interest to the whales.

As to his office crew, yes there may be work of interest to NZ being done. Or just taxes on wages and an end date for visas in the future. Better work here with possibly no disruptions rather than..anywhere else. Any idea if all the other team's crew have left, or of visa end dates?

Anyway, I reckon your theory of the fracker jim doing dogs work for the NZ Gov has little substance to back it up.

Edit: on a second read of your business plan it sounds great, im off to my banker in the morning ..

 
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chesirecat

Super Anarchist
1,406
817
Shoebox on M'way
Interesting. I found a fair bit of work done in NZ using your keys, I just couldn't connect any dots. To me the market as always in NZ is...too small to be of interest to the whales.

As to his office crew, yes there may be work of interest to NZ being done. Or just taxes on wages and an end date for visas in the future. Better work here with possibly no disruptions rather than..anywhere else. Any idea if all the other team's crew have left, or of visa end dates?

Anyway, I reckon your theory of the fracker jim doing dogs work for the NZ Gov has little substance to back it up.

Edit: on a second read of your business plan it sounds great, im off to my banker in the morning ..
If he ponies up 3 billion could you pm bankers name. Got another sure bet from a long lost Nigerian relative.

 

Gissie

Super Anarchist
6,601
1,783
2000 jobs for the cracking plant, up to a 1000 for the hydrogen stuff, plus a power station plus infrastructure in NZ SI. Not  to mention his expanding plastic recycling operations.
There is no way this side of the universe imploding he will get permission for a new power station in our country. So the only option would be to take over the output from Manapouri after the aluminium smelter pisses off.

The problem with that is the power from their is already spoken for by our climate change commission. We will use it to drive our CO2 emissions down to zero without costing our economy anything.

There is also no way any form of petroleum plant would get past our green pansies. There would be protests out your bunghole at the mere thought of such blasphemy.

 

Gissie

Super Anarchist
6,601
1,783
Sir Jim Ratcliffe should stick to AC Racing and not Fracking and maybe substitute his CEO Grant Simmer out!
Yet it was his fracking that enabled him to fund the team. Bit of a quandary for those that oppose fracking yet support the Pommy team. Still, nothing like a bit of selective judgementalism to keep the conscience at bay.  :D

 

mad

Super Anarchist
Yet it was his fracking that enabled him to fund the team. Bit of a quandary for those that oppose fracking yet support the Pommy team. Still, nothing like a bit of selective judgementalism to keep the conscience at bay.  :D
Don't mention his Brexit and subsequent bailout of the UK for tax reasons, that really pisses a couple off. :lol:

 

dg_sailingfan

Super Anarchist
3,264
766
Augsburg
Yet it was his fracking that enabled him to fund the team. Bit of a quandary for those that oppose fracking yet support the Pommy team. Still, nothing like a bit of selective judgementalism to keep the conscience at bay.  :D
A lot of the bad British Press Ratcliffes got seem to me totally unwarranted. The guy comes over very nice, genuine and classy.

 

Gissie

Super Anarchist
6,601
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Don't mention his Brexit and subsequent bailout of the UK for tax reasons, that really pisses a couple off. :lol:
Always got to love those with deep nationalist pride, except when it concerns the vast amount of money they have. Still, it seems it can be an easy sell as long as you come across as a caring individual.

 
Yet it was his fracking that enabled him to fund the team. Bit of a quandary for those that oppose fracking yet support the Pommy team. Still, nothing like a bit of selective judgementalism to keep the conscience at bay.  :D
I am afraid that this is misinformation.

Jim Ratcliffe made his money building a company called Ineos.  Ineos principal business is commodity chemicals and not fracking.  The reputation as "frackers" was gained because Ineos applied for some exploration permits to discover if there was unconventional shale oil or gas onshore UK. It was tiny compared to the size of Ineos...and anyway the permits were denied.  Ineos has not made any money from fracking. They did acquire a 10 year deal for an enormous offshore windfarm.   Jim is a calculated risk taker. He put $1.5m into his first company and borrowed $75 million.  All the big conglomerates were shedding their "cyclical" businesses. He later paid $9bn for a $25 bn business and took on a huge amount of debt and somehow weathered 2008-10 .   Jim made his money using debt and calculated risk in a hugely cyclical business and controlling cost. Balls of steel.

 

Gissie

Super Anarchist
6,601
1,783
I am afraid that this is misinformation.

Jim Ratcliffe made his money building a company called Ineos.  Ineos principal business is commodity chemicals and not fracking.  The reputation as "frackers" was gained because Ineos applied for some exploration permits to discover if there was unconventional shale oil or gas onshore UK. It was tiny compared to the size of Ineos...and anyway the permits were denied.  Ineos has not made any money from fracking. They did acquire a 10 year deal for an enormous offshore windfarm.   Jim is a calculated risk taker. He put $1.5m into his first company and borrowed $75 million.  All the big conglomerates were shedding their "cyclical" businesses. He later paid $9bn for a $25 bn business and took on a huge amount of debt and somehow weathered 2008-10 .   Jim made his money using debt and calculated risk in a hugely cyclical business and controlling cost. Balls of steel.
Facts, smacks, who cares about the truth.

Jim is a fracker, I saw it on the interweeb so it must be true.

 

mad

Super Anarchist
He voted to leave....and then he left.  Nothing wrong with that :)
Apart from the obvious 2 faced irony  ;)

Strange how many UK billionaires campaigned for Brexit and the obvious tax benefits of it and still left the country.  It's almost as it if was nothing to do with what was best for the country, just blatant capitalism.  :rolleyes:  

 
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dg_sailingfan

Super Anarchist
3,264
766
Augsburg
Let's get something straight when it comes to Sir Jim Ratcliffe: Looking how AC36 has panned out I have now some serious doubts Ainslie would have made the Start Line in Auckland without the help of him. Land Rovers Money was just a "Drop in the Bucket" compared what Ratcliffe gave him. No way would Ben have been able to built two Boats just with Land Rovers backing.

Conclusion & Bottom Line: Without INEOS Ainslie would not have made the Start Line in Auckland.

 

chesirecat

Super Anarchist
1,406
817
Shoebox on M'way
I am afraid that this is misinformation.

Jim Ratcliffe made his money building a company called Ineos.  Ineos principal business is commodity chemicals and not fracking.  The reputation as "frackers" was gained because Ineos applied for some exploration permits to discover if there was unconventional shale oil or gas onshore UK. It was tiny compared to the size of Ineos...and anyway the permits were denied.  Ineos has not made any money from fracking. They did acquire a 10 year deal for an enormous offshore windfarm.   Jim is a calculated risk taker. He put $1.5m into his first company and borrowed $75 million.  All the big conglomerates were shedding their "cyclical" businesses. He later paid $9bn for a $25 bn business and took on a huge amount of debt and somehow weathered 2008-10 .   Jim made his money using debt and calculated risk in a hugely cyclical business and controlling cost. Balls of steel.
Plus establishing the highest safety standards in the industry since he equates high safety standards with efficiency.

 

rh3000

Super Anarchist
3,693
1,725
Auckland, New Zealand
Fair enough, should know better than believe stuff here. :eek:
Fair play to Jim when he has three seemingly independent souls coming together to share detailed anecdotes as to the virtue of his wealth on the one few places on the internet its being called into question...

His PR game is strong :-D

 






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