Connecting Business – Growing Opportunities
SAVED: PAGE: ACTIVE AREA:

Boost for Scottish Manufacturing and Green Economic Recovery

Causeway Member's Celtic Renewables' new biorefinery sparks boost for Scottish manufacturing and country’s green economic recovery.


The first sign that the Scottish economy is on track for a green recovery became evident this week as the construction of Scotland’s first biorefinery took a significant step forward with the arrival of six purpose-built 130,000 litre fermentation vessels from the Netherlands.


The implementation of Covid-19 restrictions in March prevented the arrival and installation of the vessels at Causeway Member’s Celtic Renewables’ new biorefinery plant in Grangemouth. Now, six months on, the pioneering project is back on track and significantly, Scotland’s ambition to develop a low carbon green bioeconomy is a closer to becoming a reality.


Celtic Renewables apply microbiology expertise and modern process technology to produce high-value low-carbon biochemicals and next generation biofuel from biological waste and residues.  The new plant is expected to process around 50,000 tonnes of residues each year from the whisky industry, adding value and sustainability to one of the country’s most important sectors.


The Industrial Biotechnology Innovation Centre (IBioIC), the organisation that connects industry, academia and government to bring biotechnology processes and products to the global market, has welcomed the news.  

Causeway Board Member, Prof Martin Tangney OBE, Founder and President of Celtic Renewables said: 

“The biotechnology sector is based on innovation and Scotland excels in this aspect, but the really difficult part is converting research into production. This landmark event this week signals our capability to deliver a thriving biotechnology industry in Scotland. As a business, we have always believed in the transformational impact of our technology and this is needed now more than ever as we battle with the economic impact of Covid-19.  We are delighted to be part of the vanguard of biotechnology innovation in Scotland and look forward to playing our part in growing a new sustainable bioeconomy.”



The former Chief Scientific Advisor to the European Commission Prof Dame Anne Glover DBE and Chair of the IBioIC, said:

”IBioIC has an ambitious plan to stimulate the growth of the biotechnology sector in Scotland to a £900 million industry by 2025, and Celtic Renewables is one of the key players in achieving this ambition. This major milestone in the construction of Scotland’s first biorefinery of this scale is not only great for the circular economy but also the wider green recovery. IBioIC is hugely supportive of this sustainability focused approach.”


Attracting Celtic Renewables to Grangemouth has been a significant coup for Falkirk Council which has welcomed Celtic Renewables’ investment in Grangemouth.  


Falkirk Council Leader Cecil Meiklejohn said: “Celtic Renewables are important partners in developing the Falkirk and Grangemouth Investment Zone and we are delighted to have worked with them in to establish their plant at Grangemouth.  We have established a recovery plan for the area’s economy and the arrival of this new equipment to the site is a tangible sign of our commitment to a green recovery. The Investment Zone looks to sustain and grow Grangemouth’s manufacturing sector in a way that is economically inclusive and contributes to net zero. The recent announcement of £90million Growth Deal Funding will underpin our Investment Zone ambitions which include investing in infrastructure to support innovative businesses such as Celtic Renewables.”


Find out more about Causeway Members Celtic Renewables here > 


Date Published:


< Article List

Share This:

Total Pages:
Total Results:
Page Start:
Page Result #:

Close

Contact Us

 

 

 

No Robots:

This form collects and sends the information supplied to Causeway. You can read our privacy policy for full details on how we protect and manage your data.
  I consent to having Causeway collect the above details.