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Evening Standard
Evening Standard
Business
Katrine Bussey

‘New chapter’ for Grangemouth as biotech firm breaks ground on site

Grangemouth MiAlgae Andrew Milligan Michael Shanks Rachel Reeves Scotland UK Government
Hundreds of jobs were lost with the closure of the oil refinery at Grangemouth in April this year (Andrew Milligan/PA) -

The first project on the site of the former oil refinery at Grangemouth has been announced as part of an “exciting new chapter” which could support more than 300 jobs over the coming years.

Scottish biotech firm MiAlgae plans to make fish-free Omega 3 supplements at the site, using leftover by-products from the whisky production process.

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