INEOS welcomes its first shipment of shale gas from the US
The INEOS Insight arrived at Grangemouth today carrying 27,500m3 of ethane from US shale fields.
Scottish Enterprise’s managing director of growth companies, innovation & infrastructure, Adrian Gillespie, joined INEOS as it welcomed its first dragon ship to Scotland. Commenting at the event, he said: “Today is a landmark day for INEOS as it welcomes its first shipment of shale gas to Grangemouth, and a great example of innovation and dynamism in the chemical sciences sector in Scotland.
“An important contributor to the Scottish economy, we’ve been working intensively with INEOS since 2013 when the company cemented its commitment to Scotland in a £450 million investment plan. This £150 million ethane project is a key part of that investment and we are pleased to be supporting it with a £9 million RSA grant, helping safeguard or create over 400 jobs.
“Scotland is already recognised for its chemical and bio-science manufacturing expertise and Grangemouth is home to the largest cluster of chemical companies in Scotland. This significant investment by INEOS is expected to strengthen Grangemouth’s position as a leading global chemical bio-sciences manufacturing hub.”
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