UK & Scotland Pledge £9M for Mossmorran's Future

0:00It's March 23rd. This is Edinburgh News Today, driven by AI. The UK government has pledged 9 million pounds for new projects at the former Moss Moran ethylene plant near Cowdenbeath, matching a similar, commitment from the Scottish government. This funding aims to secure the site's future after ExxonMobil shut it down due to weekly losses of 1 million pounds. Officials say the money will flow only if solid investment plans and commercial partners emerge. Earlier this week, a task force meant to back workers and the local community, leading to this announcement. The site is now being actively marketed to potential buyers, with decommissioning set to wrap up by 2028. That process won't affect the nearby shell facility. Workers and families have faced tough times since the closure, but support is ramping up to ease the blow on five's economy. UK leaders stressed their determination to protect jobs and skills built over years. From top of the funding pledges, all Moss Moran staff get guaranteed job interviews

1:02at the Grangemouth plant. The Scottish government also unlocked 1.3 million pounds for training around 350 workers in engineering, project management, and safety at five college. These steps build a bridge to new opportunities. I'm Iean, keeping local talent in play as talks with investors continue.