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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:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
