Grangemouth boss urged not to block sale of refinery as possible US bid lined up

Sunday Mail News

Grangemouth boss urged not to block sale of refinery as possible US bid lined up
TransportGrangemouthKenny Macaskill
  • 📰 Daily_Record
  • ⏱ Reading Time:
  • 28 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 89%

SUNDAY MAIL EXCLUSIVE: Aberdeen based Stacey Oil is acting as a broker to negotiate a possible bid from a major North American firm.

Billionaire Ineos owner Jim Ratcliffe has been warned not to stand in the way of a credible bidder for the Grangemouth oil refinery. The Sunday Mail can reveal Aberdeen based Stacey Oil is acting as a broker to negotiate a possible bid from a major North American firm looking to “vertically integrate” the site into its existing business.

“This is a key industrial asset and closure will have deep ramifications not just for jobs but also energy security across the UK.” General Secretary Derek Thomson said: “If there are investors interested in buying the Grangemouth oil refinery then Unite stands ready to enter discussions on any serious proposal which could deliver an extension of its operations.

Top news stories today The Stanlow facility, near Liverpool, plans to invest in infrastructure including terminals, and is adding storage capacity to cut logistics costs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Daily_Record /  🏆 9. in UK

Transport Grangemouth Kenny Macaskill Aberdeen Firth Of Forth

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Grangemouth owners urged to reconsider ‘premature’ refinery closureGrangemouth owners urged to reconsider ‘premature’ refinery closurePetroineos announced on Thursday that the site will cease operations in the second quarter of next year.
Read more »

Grangemouth workers 'angry' as just transition promise 'fails miserably'Grangemouth workers 'angry' as just transition promise 'fails miserably'Union leaders accused ministers in Edinburgh and London of not doing enough to protect jobs at Grangemouth despite a pledge to invest £100m in the local area.
Read more »

Net Zero can’t be a race to bottom amid closure of Grangemouth oil refineryNet Zero can’t be a race to bottom amid closure of Grangemouth oil refineryRecord View says Holyrood and Westminster must now work together to work out how we reach net zero without creating a jobs desert.
Read more »

Grangemouth MP says UK Government should consider taking over refineryGrangemouth MP says UK Government should consider taking over refineryEXCLUSIVE: Brian Leishman said 'energy should not be in the hands of private capital'.
Read more »

Labour MP Calls For Nationalisation Of Grangemouth Refinery To Save JobsLabour MP Calls For Nationalisation Of Grangemouth Refinery To Save JobsBrian Leishman, Labour MP for Grangemouth, has urged the UK Government to consider nationalising the town's refinery following Petroineos' announcement to cease refining operations and convert the site into an import terminal. Leishman argues that 'energy should not be in the hands of private capital' and criticizes 'faceless shareholders' for making decisions that impact workers and communities.
Read more »

Workers' anger over Grangemouth refinery closure as 'just transition' plan failsWorkers' anger over Grangemouth refinery closure as 'just transition' plan failsWorkers at Scotland's last oil refinery are angry and disappointed after the Scottish and UK Governments failed to prevent its closure. Union leaders warn the first test of a just transition - replacing fossil fuel jobs with renewable opportunities - has 'failed miserably'.
Read more »



Render Time: 2025-02-13 14:41:58