- £140 million investment over two years at Fife ethylene plant
- Technologies to reduce flaring impact, including a new flare tip
- Project to support 850 local construction jobs and 40 suppliers
- Fife plant produces over 800,000 tonnes of ethylene annually
Investment Overview
ExxonMobil plans a £140 million investment over the next two years at its Fife ethylene plant. This investment aims to upgrade key infrastructure and introduce new technologies to enhance operational reliability and performance.
Technological Upgrades
A portion of the investment will be allocated to technologies that reduce the impact of flaring, including the installation of a state-of-the-art flare tip designed to minimize noise and vibration.
Economic Impact
The project is expected to support approximately 850 local construction jobs and benefit 40 local suppliers, contributing significantly to the local economy and job market.
Recent Investments
This investment follows other significant projects by ExxonMobil in the U.K., including an over £800 million expansion at the Fawley refinery and petrochemical plant and a £75 million project to double the capacity of the advanced elastomers production plant in Newport, Wales.
Fife Plant Background
The Fife ethylene plant, operational since 1985, has a production capacity of over 800,000 tonnes of ethylene annually. It has been a major employer in the area, currently employing over 270 employees and core contractors, with more than 60 percent living within 10 miles of the plant.
