As you know, Project Willow has identified nine alternative projects that could be developed at Grangemouth including plastics recycling, bio-refining, sustainable aviation fuel and low carbon hydrogen production, demonstrating that a long term, new industrial future at Grangemouth is achievable if the public and private sector work together in the coming months to deliver.

If all nine potential projects identified in the base case were taken forward, Project Willow could create up to 800 jobs by 2040 and contribute £600-£700m in Gross Value Added, demonstrating the transformative impact Project Willow could bring to Grangemouth.

I am committed to realising as many of these opportunities as possible which is why Scottish Enterprise and the UK Office for Investment have established an Investor Taskforce to identify and attract investors with an interest in progressing the Project Willow proposals. Protecting and promoting the interests of the workers, businesses and wider Grangemouth community, remains this Government’s absolute priority.