INEOS Olefins &Polymers UK is to build a new, state of the art headquarters building at its Grangemouth site. The new £20m building is just one element of the Company’s long term investment into the site.
The business HQ has been designed by one of Scotland’s leading architectural practices, Michael Laird Architects.
The new office is part of INEOS’ exciting vision for the chemicals site, which it plans to turn into a manufacturing hub for the whole of the Central Belt of Scotland.
John McNally, CEO INEOS Olefins & Polymers (O&P UK) at Grangemouth says: “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 £450m survival plan being implemented. It shows our ongoing commitment to creating a world class manufacturing site at Grangemouth.”
INEOS have unveiled plans to build a new state of the art business HQ in Grangemouth as part of an ongoing investment in its 1,700 acre estate. Along with the new building, INEOS has started clearing the site of old unused buildings and decommissioned plants. The new space will allow the business to attract other businesses to the site, as it creates a world class manufacturing hub in the Central Belt of Scotland.
The new £20m building has been designed by one of Scotland’s leading architectural practices, Michael Laird Architects, and will provide high quality office space over four floors.
For the first time in many years, the business at Grangemouth will be able to bring its employees together in a way that suits the new business operation. It will improve productivity and collaboration with a single office that is built for today’s business needs. The building will include meeting rooms and conference facilities located on the ground floor, and three floors of open plan office space above. The investment will be good for INEOS and local businesses that will benefit from the investment and the long-term, skilled jobs at the site.
John McNally, CEO INEOS Olefins & Polymers UK says: “The site is undergoing a radical transformation with significant investment that will herald a new era in petrochemical manufacturing at Grangemouth. Investment into the Chemicals business is in the order of £450m, which includes spend on this new office accommodation, restructuring of redundant assets as well as our ethane supply project. This represents the most significant investment into UK and Scottish petrochemical manufacturing of recent times and demonstrates INEOS’ commitment to the Grangemouth site, its employees and the local economy.”
Demolition work is already underway at the Grangemouth site and this has cleared space for the new building that will be constructed within the existing site boundary alongside the Inchyra Road. The new business HQ and office accommodation is scheduled for completion in September next year.
This new building is just one part of the innovative redevelopment plans for Grangemouth. Old manufacturing plants and vacant buildings will make way for “brown field” plots that will be made available to new businesses attracting investment into the area. These businesses will be able to benefit from the raw materials, existing power, steam, logistics and other services provided by INEOS.
John McNally, CEO INEOS Olefins & Polymers Grangemouth says: “We will make parts of our site available to new companies that will benefit from the services and infrastructure that we have to offer here at Grangemouth. We have a clear strategic view of the future, where Grangemouth is a growing centre of excellence, attracting new investment, creating new jobs and providing Scotland with the raw materials that it needs to support its manufacturing sector.”
ENDS
For more information please contact:
Richard Longden (INEOS) 0041 21 627 7063 0041 7996 26123
David East (INEOS) 01324 476948 david.east@ineos.com
Notes to the Editor:
INEOS is the UK’s largest privately owned company and one of the world’s largest chemical companies, operating 65 petrochemical plants. Grangemouth is one of INEOS’ largest sites, employing more than 1,300 people.
The O&P UK business is embarking on a number of synchronised projects and activities aimed at regenerating the Grangemouth site. There are many facets to this transformation which, when completed, will position the Grangemouth site amongst the ‘Premier League’ of its peers, protecting the long term viability of the manufacturing site and the direct and indirect jobs that depend on our presence.
Michael Laird Architects is one of Scotland’s leading architectural practices responsible for some of the country’s most significant buildings and with many award winning buildings to their name.