Scottish metal recycler John Lawrie Group will make a multimillion pound investment in creating a new facility at the Port of Dundee as it eyes decommissioning opportunities.
The agreement with Forth Ports is for a two acre site, with the metal recycling operation expected to be up and running early next year.
A combined investment of £5 million will be made by the Aberdeen-based company and Forth Ports which will include the creation of a purpose-built concrete pad.
It is expected the facility will create 10 jobs initially with the prospect of further posts being created as operations develop.
John Lawrie Group is one of the country’s leading metal recycling companies, annually processing around 200,000 tonnes of metal. It currently operates from four sites, including Montrose in Angus.
The firm will use the Dundee location to dismantle redundant offshore infrastructure brought ashore during oil and gas decommissioning projects and also for metal processing operations.
Dave Weston, John Lawrie Metals managing director, said: “This significant investment underlines our commitment to support the oil and gas decommissioning sector and forms part of our long-term strategy to develop John Lawrie Group’s operations across the country.