Not supported media playback on the device

Ineos UK shale gas extraction invest £ 640 million

20 November 2014 Last updated at 22:53 GMT Clock

Chemical company Ineos has announced announced up to £ 640 million in the exploration of shale gas in the UK.

The company plans to gas as a raw material for chemical plants to use including Grangemouth Stirlingshire.

Grangemouth is currently at a loss, but Ineos believes shale gas is the work of the transformation of the economy.

Lorna Gordon reports.