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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:A few fog patches at first, soon clearing to leave a dry day with some patchy cloud and good sunny spells. Light and variable winds. Feeling mild in sunny spells. Maximum temperature 14 °C.Tonight:Dry and quite chilly overnight under prolonged clear spells and light winds. This will allow a few fog patches to develop in places. Minimum temperature 2 °C.
