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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 showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
