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Grangemouth’s Green Pivot Begins as MiAlgae Breaks Ground and Celtic Renewables Wins Backing

Ministers are using funding from both governments to repurpose the former oil‑refinery site into a circular‑industry hub after April’s closure.

Overview

  • MiAlgae has started building its first commercial‑scale plant at the former refinery site to make fish‑free omega‑3 using whisky by‑products.
  • The MiAlgae project is supported by £1.5 million from the UK Government’s £14.5 million Grangemouth pot, alongside Scottish Just Transition funding.
  • MiAlgae projects around 130 direct jobs over five years, with a further 180 roles supported across Scotland.
  • Celtic Renewables has secured £6.23 million from Holyrood toward a planned £120 million biorefinery producing acetone, butanol and ethanol from food, drink and farming waste, with up to 149 jobs by 2030.
  • Officials say the two initiatives could underpin up to 460 roles, complemented by £600,000 for Scottish Enterprise and a separate £200 million National Wealth Fund pledge tied to the site.