ExxonMobil: Mossmorran Debate
Full Debate: Read Full DebateFrank McNally
Main Page: Frank McNally (Labour - Coatbridge and Bellshill)Department Debates - View all Frank McNally's debates with the Department for Business and Trade
(1 day, 12 hours ago)
Commons Chamber
Frank McNally (Coatbridge and Bellshill) (Lab)
This is devastating news for the Kingdom of Fife. May I pay tribute to my hon. Friend the Member for Cowdenbeath and Kirkcaldy (Melanie Ward) for her diligent work today and over a period of time on this issue?
Does the Minister share my frustration that despite attempts to fully engage with ExxonMobil over recent months, including through multiple ministerial engagement sessions, the Government were presented with no viable plan to save the plant by the company—despite, as has been highlighted, a £25 billion profit having been made by ExxonMobil last year? Will he outline what steps he will take, working with colleagues both in Scotland and other Government Departments, to ensure that the workforce receives all necessary support through the Department for Work and Pensions rapid response service and Partnership Action for Continuing Employment?
Chris McDonald
I pay tribute to my hon. Friend and colleagues for how they have engaged so carefully on this issue for such a long period of time. I look forward to working with them in supporting the workforce. He makes an important point that alludes to the strategy of the company. The company did not present the Government with a viable investable proposition. It has also closed a chemicals plant in France and has confirmed that it is reviewing its European assets. I think we have reached a point where we have to accept that the company has made its decision. However, even though the company could not find a buyer, as I have said, I understand that some expressions of interest have been made and we would be happy to work with anyone who is interested in the plant. We have vehicles such as the British Business Bank and the National Wealth Fund that stand by to support any viable business proposition in our industrial strategy areas.