Syngenta has announced plans to halt operations at its Grangemouth facility, putting 377 jobs at risk. The company cited increasing international competition as the reason for its inability to maintain competitiveness at the site, which has been deemed significantly more expensive to operate compared to other facilities.
The announcement follows a recent trend of job losses in the area, including the closure of a nearby oil refinery and a bus manufacturing plant. The Scottish government has expressed strong opposition to Syngenta's decision and is urging the UK government to allocate promised funding to support the local economy.