Grangemouth refinery

Nov 21, 2024 | dailybusinessgroup.co.uk | Terry Murden |Ash Regan |Grangemouth refinery |John Swinney

John Swinney has described the decision to close the Grangemouth refinery as “premature” and said more time is needed to put options for the site in place. Speaking at First Minister’s questions, he said he supported SNP backbencher Michelle Thomson’s call for a pause in the process. He said he had asked the Prime Minister to work with the Scottish Government and the refinery owner Petroineos to avoid closure before all options have been considered.

Nov 20, 2024 | dailybusinessgroup.co.uk | Terry Murden |Derek Thomson |Grangemouth refinery |Iain Hardie

A trade union official has called for a pause in plans to shut the Grangemouth refinery after casting doubts on claims made by the owner about its financial position. A senior figure at Petroineos, the joint venture that operates the plant, claimed last week that it was “not commercially viable” and reaffirmed that it is losing £385,000 a day. That put it on track for a £150m loss this year and the company plans to shut the facility next summer with 400 jobs likely to be affected.

Nov 20, 2024 | dailybusinessgroup.co.uk | Terry Murden |Derek Thomson |Grangemouth refinery |Iain Hardie

A trade union official has called for a pause in plans to shut the Grangemouth refinery after casting doubts on claims made by the owner about its financial position. A senior figure at Petroineos, the joint venture that operates the plant, claimed last week that it was “not commercially viable” and reaffirmed that it is losing £385,000 a day. That put it on track for a £150m loss this year and the company plans to shut the facility next summer with 400 jobs likely to be affected.

Nov 20, 2024 | dailybusinessgroup.co.uk | Terry Murden |Derek Thomson |Grangemouth refinery |Iain Hardie

A trade union official has cast doubts on claims made by the owner of the Grangemouth refinery about its financial position. A senior figure at Petroineos, the joint venture that operates the plant, claimed last week that it was “not commercially viable” and reaffirmed that it is losing £385,000 a day. That put it on track for a £150m loss this year and the company plans to shut the facility next summer with 400 jobs likely to be affected.

Nov 20, 2024 | dailybusinessgroup.co.uk | Terry Murden |Derek Thomson |Grangemouth refinery |Iain Hardie

A trade union official has cast doubts on claims made by the owner of the Grangemouth refinery about its financial position. A senior figure at Petroineos, the joint venture that operates the plant, claimed last week that it was “not commercially viable” and reaffirmed that it is losing £385,000 a day. That put it on track for a £150m loss this year and the company plans to shut the facility next summer with 400 jobs likely to be affected.