Fall Out of Dangote Refinery: Grangemouth Oil Refinery Set for Closure in 2025, 400 Jobs to be Lost
In a major blow to Scotland’s industrial sector, the Grangemouth oil refinery, the nation’s only facility of its kind, is slated to close in 2025. The operator, Petroineos, announced that the 100-year-old plant will cease operations, affecting 400 jobs. The decision is driven by the company’s struggle to keep the refinery competitive against newer, more…