Up to 460 new jobs are set to be created at the Grangemouth industrial cluster following £8.5 million of Scottish Government funding to accelerate low-carbon innovation.
The investment is designed to support a just transition for one of Scotland’s key manufacturing hubs while promoting sustainable growth and cutting emissions.
MiAlgae will receive £1.5 million to scale its production of fish-free omega-3 made from algae, using whisky byproducts to reduce pressure on marine ecosystems.
The company expects to create up to 310 jobs over five years, with the funding match-funded by the UK Government. Ministers estimate this activity could bring £53 million into the Scottish economy.
A further £6.23 million will support pre-construction work for Celtic Renewables’ new bio-refinery, expected to create up to 149 roles by 2030.
The facility will convert food, drink and farming waste into sustainable chemicals used in everyday products, reducing reliance on fossil-derived alternatives.
The funding package aims to strengthen Grangemouth’s potential as a leading centre for green manufacturing and future investment.
Scottish Government backs 460 new green jobs at Grangemouth appeared first on Energy Live News.