Global chemical company INEOS has accelerated the next phase of the Scottish Government’s race to net zero greenhouse gas (GHG) emissions with the announcement that it will invest ‘in excess’ of £1bn at its site, adding to the £500m already spent on projects approved and implemented at Grangemouth.
The next stage of the company’s roadmap, which includes its subsidiary Petroineous, will aim to reduce GHG emissions at the site to net zero by 2045 and deliver emissions savings of more than 60% by 2030.
This part of the road map will also include a shift to the production and use of hydrogen at the site, in addition to carbon capture and storage (CCS) technology capturing and storing at least one million tonnes per year of CO2 by 2030.
... to continue reading you must be subscribed
