{"id":4291,"date":"2025-12-16T23:48:17","date_gmt":"2025-12-16T23:48:17","guid":{"rendered":"https:\/\/microvibenews.com\/?p=4291"},"modified":"2025-12-16T23:48:17","modified_gmt":"2025-12-16T23:48:17","slug":"grangemouth-plant-saved-by-westminster-lifeline-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=4291","title":{"rendered":"Grangemouth plant saved by Westminster lifeline \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/09\/Jim-Ratcliffe-BBC.png\" alt=\"Jim Ratcliffe\" class=\"wp-image-183695 lazyload\" style=\"width:840px;height:auto\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"794\" height=\"508\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/09\/Jim-Ratcliffe-BBC.png\" alt=\"Jim Ratcliffe\" class=\"wp-image-183695 lazyload\" style=\"width:840px;height:auto\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/09\/Jim-Ratcliffe-BBC.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/09\/Jim-Ratcliffe-BBC-300x192.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/09\/Jim-Ratcliffe-BBC-768x491.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/09\/Jim-Ratcliffe-BBC-600x384.png 600w\" sizes=\"(max-width: 794px) 100vw, 794px\"\/><figcaption class=\"wp-element-caption\"><em>Sir Jim Ratcliffe: preserving industrial capability<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">Jobs will be saved at Grangemouth after Britain\u2019s largest chemical plant received a \u00a3120 million government lifeline.<\/p>\n<p class=\"has-medium-font-size\">Ineos, the business empire owned by Manchester United investor Jim Ratcliffe, had looked at closing the ethylene plant at Grangemouth where it has recently shut the oil refinery with the loss of 430 jobs.\u00a0<\/p>\n<p class=\"has-medium-font-size\">The Government has now stepped in to provide financial support for the ethylene plant that will protect 500 jobs.<\/p>\n<p class=\"has-medium-font-size\">The funding will help improve energy efficiency, reduce carbon emissions and increase productivity.<\/p>\n<p class=\"has-medium-font-size\">Ethylene is critical for medical-grade plastics and for use in the chemical supply chain, including water treatment.<\/p>\n<p class=\"has-medium-font-size\">The site had been at risk of closure due to high carbon taxes foisted on manufacturers.<\/p>\n<p class=\"has-medium-font-size\">Ratcliffe, who has criticised the UK government\u2019s tax plans and announced he is investing in the US, said: \u201cUK government support for Ineos\u2019s investment shows the strategic importance of making things in Britain\u201d adding that it \u201cpreserves the industrial capability the nation needs\u201d.<\/p>\n<p class=\"has-medium-font-size\">ExxonMobil recently announced plans to close its\u00a0Mossmorran\u00a0ethylene plant in Fife in February, with 179 staff facing redundancy and another 250 contractors affected. Its managers will face MPs on the Scottish Affairs Committee today.<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.3) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Grangemouth #plant #saved #Westminster #lifeline #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sir Jim Ratcliffe: preserving &hellip; <\/p>\n","protected":false},"author":1,"featured_media":4292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[266,265,4098,2739,4099,4100,4104,3187,4102,4101,4103],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/4291"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4291"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/4291\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/4292"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}