FINAL plans have been submitted for a £200m chemical plant on Teesside.

US group Huntsman is asking Redcar and Cleveland Borough Council for planning permission to build the world's largest polyethylene plant at Wilton.

The factory is expected to create 117 jobs and safeguard almost 750 more.

The company last night confirmed it has yet to agree a deal over the land it needs for the site, at the north-east end of the Wilton complex.

A spokesman for Huntsman said: "We are still in advanced negotiations to purchase the land at Wilton.

"We have lodged a planning application which is still to be approved by Redcar and Cleveland Borough Council."

The council has promised to carry out a full environmental impact survey and warned it could be several months before members vote on the proposal.

But Huntsman chief executive Peter Huntsman is optimistic and has already ordered £50m of equipment for the new site.

The polyethylene plant will produce 400,000 tonnes of low density polyethylene a year, which is used in packaging. It will turn the UK from a net importer to an exporter of the product.