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Thu 19 October 2006 View all news
Ineos Enterprises has confirmed that its investment in a new biodiesel production facility at Grangemouth, Scotland is to go ahead. The project is to receive significant support from the Scottish Executive.
Ineos Enterprises anticipates that the facility, which will will be operational by 2008, will produce half a million tonnes of biofuel a year. The company says that it also has plans to increase its biodiesel output across Europe to at least 2m tonnes by 2012.
The Grangemouth facility is to go ahead after the company was allocated up to £9m of public funding through the Scottish Executive's regional selective assistance programme.
Related Links
INEOS Enterprises press release link BBC News story link
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