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The Independent UK
The Independent UK
Business
Henry Saker-Clark

Grangemouth chemicals plant to stay open after Government provides £120m funding

Workers at the Ineos Grangemouth petrochemicals complex (Andrew Milligan/PA) - (PA Archive)

Britain’s biggest chemical plant is to remain open after owner Ineos secured a major Government support package, in a deal which will secure around 500 jobs.

The deal will see the UK Government provide more than £120 million to help keep Ineos’ Olefins & Polymers (O&P) plant at Grangemouth operating, after the future of the site became uncertain earlier this year

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