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Scotland's Industrial Hub Eyes £3.5 Billion Green Transformation

OilPrice · OilPrice.com · last updated
Delivering a green future for the Grangemouth oil refinery will require around £3.5bn in private investment, a report has found. The long-awaited Project Willow study, which itself cost £1.5m, sets out nine options for the future of the industrial cluster in central Scotland. Hundreds of jobs are set to be lost this year when the oil refinery there closes – and the report has identified nine “feasible” proposals which could attract private investment. These include plastic recycling, fermenting timber into bioethanol,…
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