MOSCOW (MRC) -- Petrochemical giants Ineos have been making space on their massive Grangemouth site to build a new GBP20 million headquarters, said Falkirkherald.
The explosive demolition work at the plant last week helped clear the way for the state-of-the-art four storey facility – just one element of the company’s multi-million pound regeneration of the 1700 acre site - which is scheduled to be operational by September 2016.
Designed by one of Scotland’s leading architectural practices, Michael Laird Architects, the new office is part of the Ineos’ vision for the future of the site, which it plans to turn into a manufacturing hub for the whole of the Central Belt of Scotland, attracting other businesses to the area.
John McNally, CEO of Ineos Olefins and Polymers, said: “The site is undergoing a radical transformation with significant investment that will herald a new era in petrochemical manufacturing at Grangemouth.
"This is another part of our GBP450 million survival plan being implemented. It shows our ongoing commitment to creating a world class manufacturing site."
As MRC informed earlier, Ineos in the late July announced that it is now growing so fast in the UK that it is setting up a new corporate headquarters building in London.
Ineos Group Limited is a privately owned multinational chemicals company consisting of 15 standalone business units, headquartered in Rolle, Switzerland and with its registered office in Lyndhurst, United Kingdom. It is the fourth largest chemicals company in the world measured by revenues (after BASF, Dow Chemical and LyondellBasell) and the largest privately owned company in the United Kingdom.