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In September last year, bosses at Petroineos – a joint venture between Petro China and Ineos – confirmed the Grangemouth refinery will close in the second quarter of 2025, with the loss of ...
This is in a different part of Grangemouth from the refinery, which is half owned by Ineos and half by Petro-China. That part of the vast Forth Valley complex is due to close around May, ...
Politicians and trade unions have hit out at the decision to close the refinery. ‘Grown-up debate’ needed about future of Grangemouth, says Petroineos boss Skip to main content
Grangemouth Refinery is an oil refinery ... the global price of oil dropped and many Scottish shale oil works became uneconomical and had to either close or ...
Petroineos said the closure of Grangemouth was due to it being unable to compete with more modern foreign sites. Scotland's only oil refinery confirmed to close next year Skip to main content
In September 2024, the owners Petroineos confirmed that the Grangemouth Refinery which connects to the terminal via two cross-country pipelines, would cease refining operations no later than June 2025. This will mean that the terminal and both cross-country pipelines will also close in the same timescale. [8]
In the same month, the Grangemouth Refinery was earmarked for closure by current owners and operators Petroineos. In response, both the Scottish Government and the UK Government announced a joint plan to secure the industrial future of the plant, despite the plant losing more than $775 million since 2011 on the backdrop of more than $1.2 ...
Unite general secretary Sharon Graham and Scottish secretary Derek Thomson both called for action from ministers at Westminster and Holyrood.