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23/10/2013
Ineos Announce Grangemouth Closure
The management of Grangemouth petrochemical plant have announced that it will close.
Ineos, who run the plant, added that no decision on restarting operations would be taken until the "threat of strike action" was removed.
Some 800 people are employed directly at the plant, with many more employed as sub-contractors.
It is the latest in an ongoing dispute over the treatment of a union official. Workers had threaten to strike over the dispute but later dropped the threat.
However, management company Ineos shut down the plant and presented staff with a "survival plan" offer of revised terms and conditions.
This offer was rejected by union members.
According to reports, news of the plants closure was given to staff during a twenty minute meeting, with staff reportedly shocked at the announcement.
Ineos said liquidators for the petrochemical plant would be appointed within a week.
(MH/CD)
Ineos, who run the plant, added that no decision on restarting operations would be taken until the "threat of strike action" was removed.
Some 800 people are employed directly at the plant, with many more employed as sub-contractors.
It is the latest in an ongoing dispute over the treatment of a union official. Workers had threaten to strike over the dispute but later dropped the threat.
However, management company Ineos shut down the plant and presented staff with a "survival plan" offer of revised terms and conditions.
This offer was rejected by union members.
According to reports, news of the plants closure was given to staff during a twenty minute meeting, with staff reportedly shocked at the announcement.
Ineos said liquidators for the petrochemical plant would be appointed within a week.
(MH/CD)
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Following the announcement on Wednesday of the closure of the Grangemouth petrochemical plant, the Unite union has said that it will "embrace" the survival plan proposed by management company Ineos. The union said that talks with Ineos had left them optimistic for the future of the plant.
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