ExxonMobil announced plans to launch a £140mn additional investment programme through 2019 and 2020 at its Fife ethylene plant on 17 September.
The programme will aim to upgrade key infrastructure and introduce new technologies to significantly improve the plant’s operational reliability and performance. In particular, the impact of flaring is expected to be reduced.
The project is also expected to support around 850 local construction jobs and benefit 40 local suppliers.
Jacob McAlister, plant manager at the Fife ethylene plant, said: “This investment further contributes to the local economy and across Scotland through job creation and procurement contracts.”
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