10.02.15
INEOS has unveiled plans to build a business HQ in Grangemouth as part of an ongoing investment in its 1,700-acre estate. Along with the new building, INEOS has started clearing the site of old unused buildings and decommissioned plants. The new space will allow the business to attract other businesses to the site, as it creates a world class manufacturing hub in the Central Belt of Scotland.
“The site is undergoing a radical transformation with significant investment that will herald a new era in petrochemical manufacturing at Grangemouth,” said John McNally, CEO of INEOS Olefins & Polymers UK. “Investment into the Chemicals business is in the order of £450 million, which includes spend on this new office accommodation, restructuring of redundant assets as well as our ethane supply project. This represents the most significant investment into UK and Scottish petrochemical manufacturing of recent times and demonstrates INEOS’ commitment to the Grangemouth site, its employees and the local economy.”
“The site is undergoing a radical transformation with significant investment that will herald a new era in petrochemical manufacturing at Grangemouth,” said John McNally, CEO of INEOS Olefins & Polymers UK. “Investment into the Chemicals business is in the order of £450 million, which includes spend on this new office accommodation, restructuring of redundant assets as well as our ethane supply project. This represents the most significant investment into UK and Scottish petrochemical manufacturing of recent times and demonstrates INEOS’ commitment to the Grangemouth site, its employees and the local economy.”