Hopes are rising that the historic Stoneywood paper mill in Aberdeen could yet be saved.
Local MSP Jackie Dunbar has revealed to the Press & Journal that she understands at least one credible offer will be made in the coming days that would breathe new life into the mill before a deadline next week.
She has warned that the bid must be taken seriously if the community is to have a "fighting chance" of creating jobs at the site once again.
The SNP MSP for Aberdeen Donside has written to Business Minister Ivan McKee and tabled a parliamentary question to the Holyrood government about the future of the mill.
It is understood that the closing date for the future of the site is February 21.
More than 300 workers lost their jobs after the mill, which dates back to 1770, was put into administration in September last year.
Severe challenges
The administrator, Interpath Advisory, said "severe challenges posed by the pandemic", along with "sky-rocketing energy costs", had been overwhelming for mill owner Arjowiggins.
It Emerged in November that an offer to take over the mill had been made by Glasgow-based Bell & Bain, one of the UK's largest and oldest independent book printers and binders.
However, it was rejected - with one insider insisting at the time that no "credible" offers had been made.
Now, Ms Dunbar has suggested a deal with a bidder could be struck.
The MSP said: "I understand there will be at least one credible bidder that aims to retain the site as a functioning paper mill.
"This bid must be taken seriously and give the community a fighting chance to grow the jobs on the site once again."
No stone left unturned
She added: "I have raised the matter with the Scottish Government, and raised a written question in the Scottish Parliament, as we must ensure no stone is left unturned to keep the site economically active.
"Every effort must be made to ensure the site remains industry - ideally with the site being taken over and continuing as a paper mill - and I am sure the local community would welcome new jobs being created in the area."