
Business Secretary Peter Kyle was “convinced” there is a path to sustainability for the ethylene plant in Grangemouth ahead of a £120 million Government investment, he has said.
The deal will provide funding for the Olefins & Polymers (O&P) plant – the biggest in the UK – on the site and is hoped to secure 500 jobs, along with a £30 million investment from the plant’s owners, Ineos.