INEOS owner Jim Ratcliffe is a former chemical engineer.

Born in Manchester, he graduated from Birmingham University in 1974 with a degree in chemical engineering and joined Esso.

He married Amanda Townson in 1985 to Amanda Townson.

The couple, who diviorced in 1995, have two sons Samuel amd George.

He was given the nickname 'Dr No' by union chiefs due to his constant refusal to comprimise.

The 57-year-old is the founding member of Ineos, and owns two thirds of the group.

He is an avid fan of running, and was reported to have completed the London Marathon in 2007.

It was in 2006 that he made the move to purchase BP's assets in Grangemouth, and brought the Scottish refinery into the control of Ineos.

His fortune peaked in 2007, when he was 10th on the Sunday Times Rich List, with a his annual earnings believed to be in the region of £3.3 billion.

In the 2010 list his fortune had fallen to £150 million after being hit hard by the recession and strikes at the Grangemouth plant.

He has previusly lived in an £8 million house in Hampshire.

However, in 2010 he moved to Lausanne in Switzerland along with the Ineos company.

The move saw Ineos save around £100 million a year.

This came after the chairman had previously stated his commitment to Ineos's UK operations.