Name of the Project
Grangemouth refinery upgrade.
Location
The project is located on the Firth of Forth in Grangemouth, Scotland.
Project Owner/s
INEOS Olefine & Polymers Europe, through its joint venture company Petroineos.
Project Description
The Grangemouth is home to Scotland’s only crude oil refinery and petrochemicals plants.
INEOS plans to build a new steam and power plant at Grangemouth, which will deliver significantly improved energy efficiency and long-term reliability.
The plant will replace an existing plant that has been providing steam and power for the refinery and petrochemicals plants for more than 40 years.
Potential Job Creation
The Grangemouth site employs more than 1 300 people directly, generating 4% of Scotland’s gross domestic product.
Capital Expenditure
The project forms part of a £1-billion investment by INEOS in the UK in multiple projects designed to ensure its British assets stay world class for a generation.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts and Suppliers
Fluor (engineering, procurement and construction services).
On Budget and on Time?
Not stated.
Contact Details for Project Information
INEOS Olefine & Polymers Europe, tel +44 1324 483422 or email grangemouthcommunications@ineos.com.