Is Ineos in financial woes?

[Jeremy996]

Someone here really likes posting AI results

Compared to the offer document and prospectus, the AI is close to Shakespeare!

 

[Zimm]

Conclusion​

Ineos's €650 million secured bond is emblematic of the chemical industry's struggle to reconcile growth ambitions with financial prudence. By securing long-term financing for Project ONE, the company bets on its ability to transform a carbon-intensive asset into a green flagship. Yet, with debt metrics under pressure and credit ratings in the crosshairs, the path to resilience is anything but certain. As the industry grapples with energy transitions and regulatory overhauls, Ineos's strategy offers a case study in the high-stakes art of capital structuring.

Reading your commentary on the link first, I got to word "emblematic", and something didn't make sense, so I read a little further, and... Naaa.. he didn't write that. So I double checked for quotation marks. LOL.

 

[AWo]

The problem is for everyone in the industry in Europe, not just Ineos. Ineos has plants and joint ventures outside of Europe, so I don't think you can equate this to a death song.

I know, I'm an Ineos employee for 17 years in the O&P business unit...but ending soon...

Keep an eye on the joint ventures... ;-)

AWo

 

[chtucker]

I know, I'm an Ineos employee for 17 years in the O&P business unit...but ending soon...

Keep an eye on the joint ventures... ;-)

AWo

BMW-Ineos in my mind would be a huge win.

 

[Emil]

Only two years ago, when pointing at the imminent danger of losing Europe‘s chemical industry, a frequent Brussels reaction was along the lines of „…do we really have to do everthing here and have to do it ourselves“ i.e. does Europe actually want to have an own chemical industry at all. When pointing at imminent job losses, one response was „great, we need those workers for our future clean industries.“ Now, it is all about enhancing resilience, reducing dependencies, and strategic industries including hopefully the chemical industry. And, hopefully, it is not too late. In essence, all the problems have an identical core of the core: We need vast amounts of cheap, clean energy.

 

[LC0013]

Reading your commentary on the link first, I got to word "emblematic", and something didn't make sense, so I read a little further, and... Naaa.. he didn't write that. So I double checked for quotation marks. LOL.

One would only had to look at the article above for the source so, no quotation marks were not needed. Anyway, It was pulled out of the article so those interested could see what the conclusion of the original article was without them having to read the entire article if they did not desire to do so. I hope it was a helpful to some.

 

[TD5-90]

We need vast amounts of cheap, clean energy.

For the moment (and the next 20 years) rather cheaper than clean I'm afraid. In fact, ROW doesn't give a about greenish energy when it comes to protecting its interests...

 

[Tazzieman]

Where can I buy one of these ''green ethylene crackers'' for my all-you-can-eat-for-the-Grenadier accessories buffet?

 

[AWo]

New trouble?

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AWo

 

[Tazzieman]

Well it's either one or the other!
Stay positive and remain cool and collected.
Oh and blame Trump and China.
At least Man United have had a few wins.

 

[linksK9rig]

Ineos said to be in talks to sell parts of business to tackle rising debt​

Not looking good for the company. Hopefully they’re able to get out of this financial mess.

Ineos said to be in talks to sell parts of business to tackle rising debt

Talks reportedly focused on assets of owner Jim Ratcliffe’s vinyls business Inovyn as group scrambles to cut costs

www.theguardian.com

 

[CRH]

Ineos said to be in talks to sell parts of business to tackle rising debt​

Not looking good for the company. Hopefully they’re able to get out of this financial mess.

Ineos said to be in talks to sell parts of business to tackle rising debt

Talks reportedly focused on assets of owner Jim Ratcliffe’s vinyls business Inovyn as group scrambles to cut costs

www.theguardian.com

It's Europe trying to kill off all industry that's the problem. Shut/shutting plants in UK due to ridiculous energy costs via green levies and EU are little better.
At least when we have no industry in the west we can be smug with our virtue signalling whilst we import everything from our overlords in China.
His USA businesses will be ok and support the IA group although he may need to locate that eventually.

 

[ECrider]

It's Europe trying to kill off all industry that's the problem. Shut/shutting plants in UK due to ridiculous energy costs via green levies and EU are little better.
At least when we have no industry in the west we can be smug with our virtue signalling whilst we import everything from our overlords in China.
His USA businesses will be ok and support the IA group although he may need to locate that eventually.

surely our net zero plan will show RoW the error of their ways and they will also commit industry suicide?

 

[CRH]

surely our net zero plan will show RoW the error of their ways and they will also commit industry suicide?

I couldn't have said it better myself