Celtic Renewables has secured £16.23 million (~$20.6 million) in public and private funding to scale green chemical production in Scotland.
The investment will support plans for a £120 million (~$152.4 million) industrial-scale biorefinery at Grangemouth, expanding capacity tenfold.
The firm produces bio-acetone, bio-butanol and bio-ethanol from waste feedstocks using ABE fermentation.