Is Grangemouth Refinery Closed?
Two of Its Older Plants, First Operating in 1949 and 1952, Have Been Mothballed Through the Crisis, and Are Now Being Shut Permanently. Whereas It Was...
Two of its older plants, first operating in 1949 and 1952, have been mothballed through the crisis, and are now being shut permanently. Whereas it was processing 200,000 barrels of crude oil each day, that has been halved. This cut in staff by nearly 30% comes with a cut in capacity to 150,000 barrels.
When did INEOS buy Grangemouth?
INEOS acquired the Grangemouth site in December 2005. INEOS is one of the largest chemical companies in the world. In 2011, INEOS and PetroChina formed a joint venture company, Petroineos, to operate the refineries at Grangemouth and Lavéra.
What does INEOS Grangemouth do?
Grangemouth is an integrated refinery and petrochemicals centre of excellence. As INEOS' largest manufacturing site by volume, it is home to a pool of talented engineers who produce essential chemical building blocks vital to modern life and beneficial to society.
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