IHS Chemical Week

Ineos announces 'survival plan' for Grangemouth site

11:06 AM MDT | October 2, 2013

Ineos has announced what it calls a "survival plan" for the company's Grangemouth, Scotland, refinery and petrochemical complex, involving job cuts and changes to employees' pay and pension schemes, as well as a £300–350-million ($486–567 million) investment to construct an ethane feedstock import terminal and associated infrastructure. Ineos issued a statement last month saying that it wishes to invest, "to deliver a secure future" for the Grangemouth site, but that this is "entirely dependent on resolving the competitiveness of the site" through...

Access is for Chemweek 24/7 PLUS Members ONLY

This information is only available to Chemweek 24/7 PLUS members who have subscribed to Chemweek’s Business Daily. If you are a member, please log in, OR if you have a trial membership, please use your trial membership account information. 


Forgot your user ID or password? Click here to have it sent to you.

contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa