MORE than 60 jobs are on the line at Grangemouth after a multinational corporation said it can not see a "viable long-term future for the site".

Fujifilm said it was opening a consultation on how to move forward with operations at Fujifilm Imaging Colorants Limited, which employs 62 people at the Scottish site.

In a press release, the firm said: "If the consultation does not find a viable future for the site, this may result in the closure of the site and means that all 62 roles dependent on the site’s operation are at risk of redundancy."

The colorants business has operated a site in Grangemouth since 2006 producing dyes and inkjet pigment dispersions.

Scott MacMillan, chief operating officer of the Fujifilm Ink Solutions Group, said: “We know this will be very concerning news to those who work at this site. All colleagues will receive Fujifilm’s full support during this challenging time.

“This site has faced significant commercial challenges for the past decade. Regrettably, Fujifilm cannot currently see a viable long-term future for the site, which has led to the announcement of this consultation.

“We will be carrying out a full consultation process over the next three months and engaging with all those affected.”

In 2023, it was announced that more than 30 jobs were under threat as Fujifilm wound down production of ink-jet dyes at Grangemouth.

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The Fujifilm Imaging Colorants Ltd facility, in Earl’s Road, was to stop production by September with up to 31 roles “potentially being at risk of redundancy”.

The firm pointed to a decline in market demand for the reason behind the move.

Fujifilm said it "remains committed to operating in the UK and will continue to invest in its wider UK businesses".

Late in 2023, it was also announced that the oil refinery at Grangemouth, the only one in Scotland, would be closing down with hundreds of jobs at risk.

Owners Petroineos, a joint venture between PetroChina and Ineos, said the site would instead become an import and distribution hub.