Written Question·Department for Business and Trade·UIN 11498

INEOS: Belgium

Tabled: 28 October 2024
Answered: 5 November 2024

Question

Brian Leishman

LabourAlloa and Grangemouth

To ask the Secretary of State for Business and Trade, for what reason the Government issued a guarantee to commercial lenders for the INEOS Belgium project.

Answer

Gareth Thomas
UK Export Finance’s (UKEF’s) support for the INEOS Project One plant secures new export opportunities for the UK by enabling an overseas buyer to finance the purchase of goods, services and/or intangibles from UK suppliers.As the UK’s export credit agency...

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