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25/10/2013
Grangemouth To Re-Open
An agreement between workers and management will see the Grangemouth petrochemical plant remain open.
A mass meeting was held at 11:00 today to inform staff that a decision to close the Falkirk plant had been reversed.
It follows an earlier announcement by management company Ineos on Wednesday that the plant was to close with the lose of 800 jobs.
However, today Ineos announced that the plant would reopen "with immediate effect".
The closure was reversed following what Ineos described as a "dramatic U-turn" by the Unite union.
It is understood that Unite members have agreed to taking no strike action for three years, moving to a "modern" pension scheme and accepting a three-year pay freeze.
Ineos also confirmed it would invest a further £300m in the site's long-term future.
(MH/CD)
A mass meeting was held at 11:00 today to inform staff that a decision to close the Falkirk plant had been reversed.
It follows an earlier announcement by management company Ineos on Wednesday that the plant was to close with the lose of 800 jobs.
However, today Ineos announced that the plant would reopen "with immediate effect".
The closure was reversed following what Ineos described as a "dramatic U-turn" by the Unite union.
It is understood that Unite members have agreed to taking no strike action for three years, moving to a "modern" pension scheme and accepting a three-year pay freeze.
Ineos also confirmed it would invest a further £300m in the site's long-term future.
(MH/CD)
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
