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Ineos strikes deal with carbon capture player in Scotland

9 July 2021 0:30 GMT Updated  9 July 2021 0:47 GMT  in    London  Three subsidiaries of privately-owned Ineos have signed a provisional deal that aims to see carbon dioxide from the company s industrial assets in Scotland sent to the Acorn carbon capture and storage (CCS) project in the country s north-east by 2027. The memorandum of understanding with Acorn s backers was agreed by Ineos Chemicals Grangemouth, Ineos FPS and Petroineos. Ineos and Petroineos own and operate one of Scotland’s largest manufacturing sites at Grangemouth. Since taking ownership of the facility in 2005, it has reduced CO 2 emissions by 37%, adding that, once operational, the proposed CCS system will further increase emission reductions at the site to more than 50% compared with 2005.

Partnership calls on support to deliver 675,000 green northern jobs by 2050

Partnership calls on support to deliver 675,000 green northern jobs by 2050
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