Location
The chemical sciences cluster is substantially owned by INEOS and is located to the
east of Grangemouth and south of Forth Ports Grange Dock. It is bound by other chemical
and industrial complexes and residential areas to the west.
Size
The site extends to 1,700 ha of industrial, chemical and petro-chemical complexes
with various plot sizes available.
The petrochemicals facility manufactures over 2million tonnes of chemical products
per annum and the refinery has an annual capacity of 10million tonnes. It is understood
that 50-150 ha are potentially available for new production facilities, subject
to INEOS' latest restructuring and development proposals.
Ownership
INEOS Group Limited own the majority of the site with other sites owned by various
parties.
Development/Planning Status
INEOS' 1,700 acre facility at Grangemouth is the largest refining and petrochemical
manufacturing site in Scotland. With direct access for imports and exports via sea,
rail and road, and a nationally important investment profile, the INEOS site is
a key growth area for Scotland and offers an excellent opportunity for investment.
INEOS’ strategy for the site over the next five years will protect the long term
value and investment potential of its Grangemouth facility, creating a global leading
chemical manufacturing hub with the intent to become a Centre for Excellence and
Innovation in Scotland.
INEOS’ major investment programme to radically restructure the site and position
it for growth has created unique opportunities for the co-location of other businesses,
with chemical and general industrial land available.
The site has benefitted from recent INEOS investment to the value of over £450m, which has
already delivered long term feedstock provision and the construction of a new HQ
building for its chemicals business. INEOS is preparing for future investment with
the rationalisation of legacy buildings and decommissioned plants.
The site is designated in the Local Plan as a Business Industry Retention Area and
in the draft Local Development Plan as a Core Business Area.
Available Financial Assistance
The site is located in an area in which eligible projects may attract 15%-35% Regional
Selective Assistance funding. Further information on eligibility of RSA funding
support can be provided.
TIF Supported Enabling Works
The TIF project can provide funds to address enabling infrastructure associated with
flood mitigation; road access; utility infrastructure and site preparation. The
M9 Junction 5 upgrades and flood protection works within the TIF programme boost
the suitability of this site significantly.
Local Network Infrastructure
The local transport network includes dual-carriageway distributor roads with industrial
standard access and controlled entry based on a grid. Strategic transport connections
are strengthened by direct links to Junction 5.
Access
Access via the A905 and A904 is of a high quality, with immediate access to Junction
5.