Petrochemical giant Ineos is planning to offer sites to new businesses, with the aim of creating a “manufacturing hub” at Grangemouth, the company confirmed.
The new business HQ has been designed by one of Scotland’s leading architectural practices, Michael Laird Architects and is expected to be completed during the next few years.
John McNally, CEO of Ineos Olefins and Polymers, announcing the plan, said: “The site is undergoing a radical transformation with significant investment that will herald a new era in petrochemical manufacturing at Grangemouth.
“This is another part of our £450m survival plan being implemented. It shows our ongoing commitment to creating a world class manufacturing site at Grangemouth.”