The Ineos Grenadier thread

[Tubbylew]

Errr lots of serious businessmen and wealthy folk get where they are by being duplicitous or otherwise soundly immoral in word and deed. You want examples? Trump, Phillip Green, that goon that owns Sports direct etc. It's fudge-you capitalism.

My point exactly the world is full of em!

 

[vantage]

It's kind of all becoming a bit of a disaster for this venture , with a prospect of only 10 years before the ban of diesel & petrol engines being sold in the UK , & maybe Europe? By the time the Grenadier is ready with all the gremlins ironed out it will have a short life with an internal combustion engine, hardly enough to cover the development & production costs, unless sales are very substantial, even if they are will they be able to build them fast enough?

I’m not overly concerned as I’m never going to buy one, but the development and production costs are not going to be that huge, he’s buying in engines, gearboxes and axles and also now using an existing factory to assemble.

 

[Treg]

It's kind of all becoming a bit of a disaster for this venture , with a prospect of only 10 years before the ban of diesel & petrol engines being sold in the UK , & maybe Europe? By the time the Grenadier is ready with all the gremlins ironed out it will have a short life with an internal combustion engine, hardly enough to cover the development & production costs, unless sales are very substantial, even if they are will they be able to build them fast enough?

Hasn't he signed a joint venture deal with Hyundai on Hydrogen engines?

 

[Treg]

Sir Jim Ratcliffe's Grenadier 4X4 to be powered by HYDROGEN

It's a particularly smart move by Sir Jim - Britain's fifth-richest man with an estimated personal fortune of £12.2billion - whose refinery network already produces 300,000 tons of hydrogen a year.

www.thisismoney.co.uk

 

[Still Farming]

Shouldn't be A Sir , if Fu-k you Britian attitude???

 

[Cowabunga]

Shouldn't be A Sir , if Fu-k you Britian attitude???

The only reason, imo, he has a 'Sir' knighthood is because he is mega-rich and the Tories need his donations. His main new infrastructure investments are on mainland Europe. He is allegedly running his UK operations into the ground with very little non-essential re-investment in plant that he bought in a run-down state to begin with.

 

[oil barron]

The only reason, imo, he has a 'Sir' knighthood is because he is mega-rich and the Tories need his donations. His main new infrastructure investments are on mainland Europe. He is allegedly running his UK operations into the ground with very little non-essential re-investment in plant that he bought in a run-down state to begin with.

that’s a bit harsh. Without Jim a couple of the UK refineries would be closed, and he invested over $1billion in the forties pipeline last year. I think it’s fair to say that without him diesel would be more expensive in the UK and less people would be employed in industry. He is absolutely despised by the Unions because he has had to take on very “70s” attitudes in the plants he has taken over and make changes or they would have had to shut. Because of this they influence a lot of what is written about him in the press.

 

[vantage]

that’s a bit harsh. Without Jim a couple of the UK refineries would be closed, and he invested over $1billion in the forties pipeline last year. I think it’s fair to say that without him diesel would be more expensive in the UK and less people would be employed in industry. He is absolutely despised by the Unions because he has had to take on very “70s” attitudes in the plants he has taken over and make changes or they would have had to shut. Because of this they influence a lot of what is written about him in the press.

The other side of the story.

 

[Highway star]

Sir Jim Ratcliffe's Grenadier 4X4 to be powered by HYDROGEN

It's a particularly smart move by Sir Jim - Britain's fifth-richest man with an estimated personal fortune of £12.2billion - whose refinery network already produces 300,000 tons of hydrogen a year.

www.thisismoney.co.uk

Haha, I wasn't aware of this! Thank you. It will be interesting to see how future pans out with hydrogen development

 

[Cowabunga]

that’s a bit harsh. Without Jim a couple of the UK refineries would be closed, and he invested over $1billion in the forties pipeline last year. I think it’s fair to say that without him diesel would be more expensive in the UK and less people would be employed in industry. He is absolutely despised by the Unions because he has had to take on very “70s” attitudes in the plants he has taken over and make changes or they would have had to shut. Because of this they influence a lot of what is written about him in the press.

I don't think it's harsh at all. He specialises in taking over very old plant, mainly petrochemical, and does the minimum necessary to keep them going at the lowest cost possible. Diesel is mainly tax and an international commodity. Indeed Certas from where I am and covering South Wales now markets fuel that has been refined abroad and only stored at the old Texaco refinery storage complex. If I buy Certas fuel from their depots North of me they supply diesel refined by Essar's Stanlow refinery, near Ellesmere Port. The base price before tax is set by international markets.
The vast bulk of Ineos investments in actual new plant is in France, the USA, Saudi and Germany. Having said that there is talk of a new vinyl acetate monomer plant in the UK, which may or may not occur, which is in any case a minnow compared with the overseas investments measured in £billions.

 

[oil barron]

I don't think it's harsh at all. He specialises in taking over very old plant, mainly petrochemical, and does the minimum necessary to keep them going at the lowest cost possible. Diesel is mainly tax and an international commodity. Indeed Certas from where I am and covering South Wales now markets fuel that has been refined abroad and only stored at the old Texaco refinery storage complex. If I buy Certas fuel from their depots North of me they supply diesel refined by Essar's Stanlow refinery, near Ellesmere Port. The base price before tax is set by international markets.
The vast bulk of Ineos investments in actual new plant is in France, the USA, Saudi and Germany. Having said that there is talk of a new vinyl acetate monomer plant in the UK, which may or may not occur, which is in any case a minnow compared with the overseas investments measured in £billions.

I’m not sure why buying run down assets is seen as a bad thing, he didn’t run them down. He makes investments that are required to keep going as a profitable business, which if it wasn’t then wouldn’t exist. He makes plants profitable that Shell, BP, Esso cannot. There is not a queue of investors waiting to build new refineries that he is blocking by running the old ones. If he didn’t do it, they would be sold to the Chinese or mothballed and product imported.
If you used the same lense of judgement - how is your performance as a dairy farmer the last 10 years?

 

[Cowabunga]

I’m not sure why buying run down assets is seen as a bad thing, he didn’t run them down. He makes investments that are required to keep going as a profitable business, which if it wasn’t then wouldn’t exist. He makes plants profitable that Shell, BP, Esso cannot. There is not a queue of investors waiting to build new refineries that he is blocking by running the old ones. If he didn’t do it, they would be sold to the Chinese or mothballed and product imported.
If you used the same lense of judgement - how is your performance as a dairy farmer the last 10 years?

I'm not saying he isn't a good businessman or passing judgement on his facilities other than they are what they are in the UK, where apart from buying those facilities very cheaply and investing the bare minimum in them, while investing massively in new plant abroad which conflicts with his political message, considering his current decision to locate the Brigadier factory inside the EU, which was that he favours Brexit. He is a total hypocrite that favours investment and his business domicile abroad, the latter to minimise his taxes in the UK while choosing to pay them elsewhere.

 

[CPF]

TV ad
One in nz
Keep your eye out for the Americas cup ?

 

[Cowabunga]

TV ad
One in nz
Keep your eye out for the Americas cup ?

Total marketing bullcrap. Ignoring the 1984 and later Defender, because it would be so obviously similar. An early 1980's design. Yes, it's an icon, but only because it copies an ancient Land Rover body design.

 

[shumungus]

TV ad
One in nz
Keep your eye out for the Americas cup ?

I see its got that old LandRover problem of the wiper stopping in the middle of the windscreen.

 

[vantage]

TV ad
One in nz
Keep your eye out for the Americas cup ?

Is that Grenadier real, or a cardboard cutout? Wiper looks strange if nothing else.

 

[Cowabunga]

Is that Grenadier real, or a cardboard cutout? Wiper looks strange if nothing else.

I saw it about 48 hours ago but it struck me then that it only had one wiper parked across the screen. Maybe they are copying a series 2 Land Rover without self parking wipers. That would be a step too far to ‘basic’ for me. Next thing you know, power steering and central locking will be optional extras

 

[Campbell]

How's this for an interior? V1......Rotate.

 

[SW1]

I think I like it

latest pics and video here: introducing the Interior (ineosgrenadier.com)

 

[hally]

I think I like it

introducing the Interior (ineosgrenadier.com)

Me too, at 30k ( according to the paper this morning) with 6 cylinder engine , 8 speed box and waterproof recaro seats they could be on to a winner