The Grangemouth refinery, Scotland's only crude processing facility, is set to close in the second quarter of 2025
The Grangemouth refinery, Scotland ’s only crude processing facility, is set to close in the second quarter of 2025, its owners confirmed on Thursday, as the refinery has been struggling to compete with the new complex facilities in Asia, Africa, and the Middle East. The Grangemouth refinery, which was opened by the predecessor of BP in 1924, expanded its production into petrochemicals in the 1950s.
But “The INEOS businesses at Grangemouth, namely INEOS O&P UK and INEOS FPS Forties Pipeline System, will continue as normal delivering high quality services and products to our customers and are largely unaffected by this change,” INEOS said today. The closure of the refinery will result in 400 job losses as the number of employees at the site would be cut to 75 from 475.
Fuel Fuel Supply Grangemouth Refining Crude Imports
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