Grangemouth refinery staff receive redundancy notices as transition to import terminal begins

Staff at the Grangemouth refinery in Scotland have received redundancy letters as the facility prepares to close and transition into an import terminal. The change follows significant losses reported by owner Petroineos. Approximately 65 of the 500 jobs will be retained during the transition. The process of converting the site is expected to take around five years, with the new terminal operating alongside the refinery's dismantling. Trade union Unite criticized the closure, suggesting the site could produce sustainable aviation fuel. Petroineos stated that the transition to a fuel distribution hub is underway, ensuring Scotland's fuel supply remains secure.