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Ineos in the exploration of shale UK invest £ 640 million

November 20, 2014 at 22:53 clock Updated GMT

Chemical giant Ineos has announced its intention, announced up to £ 640 million in the exploration of shale gas in the UK.

The company plans to use the gas as a raw material for chemical plants, including Grange in Stirling.

Grange is currently at a loss, but Ineos believes shale gas is transforming the economy of the plant.

Lorna Gordon reports.