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Government support for Ineos Chemicals Grangemouth
17 December 2025
Type
Written Ministerial Statement
Department
Department for Business and Trade
At a Glance
Issue Summary
The UK Government has agreed a partnership with INEOS to secure the Grangemouth plant in Scotland.
Action Requested
This agreement includes over £120 million from the UK Government and at least £30m from INEOS, creating conditions for long-term future through Project Willow. It will save jobs, reduce emissions, increase productivity, and support downstream manufacturing sectors.
Key Facts
- The partnership secures the Grangemouth plant's future.
- More than £120 million in UK Government support is provided.
- INEOS commits at least £30m of investment.
- Project Willow will support new jobs and projects with up to £200 million from the National Wealth Fund.
- The agreement includes assessing business viability, economic impacts, and private sector contributions.
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Assessment & feedback
Summary accuracy