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| Green fuel plant plans announced | Green fuel plant plans announced |
| (about 1 hour later) | |
| A major biodiesel plant is to be built in Scotland as part of a drive to boost the production of green fuels. | A major biodiesel plant is to be built in Scotland as part of a drive to boost the production of green fuels. |
| Chemicals company Ineos Enterprises said the facility at Grangemouth, due to open in 2008, would aim to produce half a million tonnes of fuel a year. | Chemicals company Ineos Enterprises said the facility at Grangemouth, due to open in 2008, would aim to produce half a million tonnes of fuel a year. |
| Biodiesel, made from vegetable oil and diesel, is seen as a way of reducing greenhouse gas emissions. | Biodiesel, made from vegetable oil and diesel, is seen as a way of reducing greenhouse gas emissions. |
| Ineos has also announced plans to increase its biodiesel output across Europe to at least 2m tonnes by 2012. | Ineos has also announced plans to increase its biodiesel output across Europe to at least 2m tonnes by 2012. |
| The Grangemouth facility will go ahead after the company was allocated up to £9m of public funding through the Scottish Executive's regional selective assistance programme. | |
| Ineos Enterprises chief executive Harry Deans said: "The UK is fully committed to the increased use of biofuels as part of its energy mix and we believe that this investment will make an important contribution towards this." | Ineos Enterprises chief executive Harry Deans said: "The UK is fully committed to the increased use of biofuels as part of its energy mix and we believe that this investment will make an important contribution towards this." |
| As well as the Grangemouth operation, the company said it was planning further investments at its sites in Belgium, France and Germany in its bid to become Europe's main biodiesel player. | As well as the Grangemouth operation, the company said it was planning further investments at its sites in Belgium, France and Germany in its bid to become Europe's main biodiesel player. |
| Ineos also operates the crude oil refinery at Grangemouth. | Ineos also operates the crude oil refinery at Grangemouth. |