In a determined bid to accelerate the green economy in Scotland, Celtic Renewables has contracted the consulting firm Allen Associates to conduct the front-end engineering study (FEED) for the ambitious Grangemouth biorefinery. This facility, ten times the size of its current demonstration plant, seeks to position itself as the world’s first in commercial-scale green chemical production commercial-scale green chemical production in the country.
A project with local impact and international projection
The technical study will last 7 months and will allow defining the plant design, refining the total budget with a 10% accuracy and establishing the execution schedule. It will also allow simulating the projected revenues for the business model of the facility.
This FEED project with Allen Associates is an important step for Celtic Renewables as we look to increase our current production capacity to meet the growing global demand for bio-based alternatives to fossil fuel-derived chemicals.
Mark Simmers, CEO of Celtic Renewables.
Grangemouth, from petrochemical center to ecological benchmark
Beyond the technical breakthrough, the Grangemouth Grangemouth biorefinery represents an industrial transformation with profound socio-economic implications. represents an industrial transformation with profound socioeconomic implications. Celtic Renewables stresses that the plant will be a key part of the Just Transition strategy promoted by the authorities for the region, traditionally linked to oil refining and petrochemicals.
Grangemouth’s strategic location and institutional support make this project an example of sustainable industrial conversion. sustainable industrial reconversion.
Source: Celtic Renewables