The INEOS Olefins & Polymers plant at Grangemouth is fighting to stay competitive in a challenging global market – a warning sign for UK manufacturing. The CCSA is continuing to call for the rapid deployment of carbon capture, utilisation and storage (CCUS) to safeguard the future of British industry.
Following recent reports that the INEOS Olefins & Polymers plant at Grangemouth is at risk of closure, Mark Sommerfeld, UK Director of the CCSA, said:
“Reports of potential further closures at Grangemouth are another stark reminder of the need to accelerate CCUS deployment to protect our foundational industries. Projects like Acorn in Scotland and Viking on the East Coast, are critical to providing the long-term, low-carbon infrastructure that will keep these industries competitive, protect skilled jobs, and attract new investment. Without this, we risk losing the very sectors that will grow the economy and deliver the clean energy transition.”