US EditionPublished • loading... • Updated
Biotech jobs boost for Grangemouth site
Funding from UK and Scottish governments will create up to 460 biotech jobs at Grangemouth, supporting a low-carbon industrial transition and new green technology investment.
- On Thursday, MiAlgae broke ground at Grangemouth to build its first commercial plant producing fish-free Omega 3 from whisky by-products, backed by £53 million.
- Earlier this year the Grangemouth refinery closed, costing about 400 jobs, and following last month’s Budget Chancellor Rachel Reeves allocated £14.5 million from the UK Government for the Grangemouth Just Transition Fund.
- The development is forecast to deliver £53 million into the Scottish economy, creating 130 direct full-time jobs at Grangemouth and supporting 180 further posts across Scotland.
- Eligible Grangemouth workers will be prioritised in hiring with a job interview guarantee, and Scottish Enterprise will receive £600,000 funding for site planning and infrastructure.
- Combined projects on the site could create up to 460 roles in the coming years, with Celtic Renewables adding 149 jobs after a £6.23 million allocation, ministers said.
Insights by Ground AI
18 Articles
18 Articles
Scottish green chemicals firm secures £6.23 million in Scottish Govt funding at Grangemouth
Celtic Renewables, the breakthrough Scottish green chemicals firm, has secured £6.23 million in new funding from the Scottish Government to scale its business producing green chemicals made from by-products and waste from the food and drink industry. Celtic Renewables will put the funding towards the planning and construction of a new £120 million industrial-scale biorefinery at Grangemouth. The new facility is expected to create 149 new jobs in…
Coverage Details
Total News Sources18
Leaning Left5Leaning Right0Center5Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
To view factuality data please Upgrade to Premium
