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Entity Subsidiaries

: Ineos Capital Limited

Subsidiary	Percentage	From	To
INEOS Group Holdings S.A	100.00 %	01/2010	12/2050
Ineos Investments (Jersey)	100.00 %	01/2018	12/2050
INEOS Manufacturing Deutschland GmbH	100.00 %	12/2005	12/2050
Ineos Phenol Group Company	100.00 %	01/1998	12/2050
Shanghai Secco Petrochemical Co. Ltd	50.00 %	12/2022	12/2050