Future of oil plant hangs in balance
Workers at the huge Grangemouth oil refinery will be told today whether the plant has a future – or faces permanent closure amid an increasingly bitter dispute about a survival plan put forward by the owners.
Ineos said chairman Calum MacLean will address the workforce following the passing of a deadline for accepting new pensions and other terms and conditions.
The Unite union said around 680 of the site’s 1,370-strong workforce had rejected the company’s proposals, which include a pay freeze for 2014-16, removal of a bonus up to 2016, a reduced shift allowance, and ending of the final-salary pension scheme.
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