ICIS: Scottish Enterprise: Grangemouth
After a very public and intense fight about the future of Grangemouth, investments are now underway at the site, which is attracting much customer interest
The battle for Scotland’s Grangemouth refinery and petrochemicals hub was a flare-up in the UK business landscape large and intense enough for it to be visible beyond the financial papers and the trade press.
The altercation, involving business leaders, governments, unions, employees and the public, led to the near closure of the complex and raised questions about the future of Scotland’s key industrial location. It also highlighted the issue of how to stay competitive in western Europe in the face of growing international competition and a half-decade of sluggish economic growth.