Billions of pounds of private investment is needed to replace the jobs being lost, with the closure of the Grangemouth oil refinery, according to a landmark study.
Scotland’s only oil refinery is due shut down in June, with 400 people set to lose their jobs.
The proposals to attract investment include plastic recycling and hydrogen production.
Project Willow looked at 300 potential projects, identifying nine that were “credible”.
But no matter which proposals are taken forward, the rescue operation will require substantial capital investment from the private sector – somewhere in the region of £3.5bn.
The UK Government is offering £200m and the Scottish Government is backing it with £25m.
The plans could create up to 800 jobs.
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