Home / Business and Economy / New Hope for Mossmorran Workers After £9m UK Aid
New Hope for Mossmorran Workers After £9m UK Aid
23 Mar
Summary
- UK government offers £9m for Mossmorran plant's future.
- 400 jobs were at risk following the plant's closure last month.
- Scottish government also provides funding and retraining support.
The UK government has signaled its readiness to invest £9 million in the former Mossmorran ethylene plant in Fife, contingent upon the submission of viable investment plans and the identification of commercial partners. Production at the chemical works ceased last month after over 40 years, jeopardizing approximately 400 jobs. ExxonMobil cited weekly losses of £1 million as the reason for continuing operations.
This UK government funding complements a £9 million package previously announced by the Scottish government to address the plant's closure over the next three years. The initiatives are designed to support affected workers and the broader Fife community. Decommissioning of the plant is slated for completion by 2028, with no anticipated impact on the adjacent Shell facility.
Further measures include guaranteed job interviews for Mossmorran workers at the Grangemouth plant and a £1.3 million fund from the Scottish government for training courses at Fife College. These programs aim to reskill workers in areas like engineering and project management, ensuring their valuable skills are retained within Scotland's economy.
