The funding, part of the Low Carbon Manufacturing Challenge Fund, aids the site’s refurbishment, continuing the company’s £4m investment to modernise the facility. This development includes a new materials recycling facility (MRF) capable of handling 200,000 tonnes of waste annually, nearly doubling the current capacity.

The new Lathallan facility, which currently processes bulky waste from a number of local authorities including Falkirk Council, will work in tandem with the main Levenseat site in West Lothian offering a wide range of services including mixed waste and organic recycling, industrial waste, aggregate recovery and energy from waste treatment.

The new MRF was officially opened today by Wellbeing Economy & Fair Work Secretary Neil Gray MSP.

He said: “As part of a collaborative way of working, we want to ensure businesses receive the support they need to deliver the step change required in Scottish industry to reduce emissions and support our journey to a greener, fairer wellbeing economy.

“I am pleased that support from the Low Carbon Manufacturing Challenge Fund has enabled Levenseat Ltd to develop and expand its innovative recycling facility in Polmont, creating good green jobs and supporting our net zero journey.”

Angus Hamilton, managing director of Levenseat, commented: “We are delighted with the additional financial support from the Low Carbon Manufacturing Challenge Fund which will augment our investment into modernising our Lathallan facility.

“Our investment into this facility is a core part of our ambitious strategy to utilise innovation to maximise capacity, further support customers’ recycling objectives, and play a key role in Scotland’s circular economy.

“This approach brings environmental as well as economic benefits with new, skilled jobs being created on this site.”

Administered by Scottish Enterprise, the Low Carbon Manufacturing Challenge Fund is designed to help companies develop or adopt low carbon products, processes or services that contribute towards Scotland’s net zero targets. The fund is part of Making Scotland’s Future, a partnership between the Scottish Government, public agencies, industry and academia, that aims to secure a strong, sustainable future for the country’s manufacturing industry.

Rhona Allison, managing director for business growth at Scottish Enterprise, said: “The grant supports major capital investment by Levenseat in the green economy, helping the company grow its business, create jobs, keep pace with innovations in recycling technology that enable the maximum amount of resources to be created from waste, and increase productivity.

“It’s a great example of what the Low Carbon Manufacturing Challenge Fund was designed to encourage.”

Jim Wales, relationship manager strategic finance at Virgin Money, added: “Levenseat is an exciting business with clear ambitions for future growth.

“We were delighted to support them with the initial purchase of the Lathallan facility via one of Virgin Money’s Sustainability Linked Loans and look forward to continuing working closely with them as they invest to grow efficiency and create new jobs with their environmentally-friendly approach.”