ExxonMobil considers sale of European chemical plants, FT reports
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ExxonMobil has closed one of Europe’s largest and most modern ethylene plants in Scotland weeks early. The global energy giant said the plant was no longer economically viable and they were unable to sell it. More than 400 jobs are at risk the Fife Ethylene Plant in Cowdenbeath which has operated for 40 years. Unite the union said it was told late on Monday night that ExxonMobil had shut down at the site. A task force aimed at supporting workers at risk of redundancy met for the first time last
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ExxonMobil has closed its Mossmorran plastics plant in Scotland two weeks early with the loss of 400 jobs. The Fife Ethylene Plant (FEP), one of Europe’s largest and most modern ethylene plants which has operated for 40 years, was due to shut on February 16. The global energy giant said the plant was no longer economically viable and they were unable to sell it, forcing the decision to shutter the facility in another blow to Scottish industry. There are around 180 ExxonMobil staff, 200 contracto
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