As-it-happened: Talks over petrochemical plant and refinery

Key points

  • Owners Ineos intend to close the petrochemical plant because they say it is losing money.
  • The petrochemicals facility generates more than two million tonnes of chemical products a year.
  • Fears are raised over the long-term future of the refinery which is part of the Grangemouth site.
  • The refinery normally processes 210,000 barrels of crude oil a day, producing more than nine million litres of clean fuels a day.
  • The refinery's feedstock is now mainly supplied by the neighbouring BP-operated Kinneil oil and gas processing plant.
  • Unite union leaders voice optimism after meeting management to discuss the future of the central Scotland site.

Live text

Reporting:

  • Sandy Murray 
  • Stuart Nicolson 

STANDARD 0926

Welcome to live coverage of a crucial day for the future of Grangemouth.

STANDARD 0930

We also hope to hear from local people affected by the threat to the future of the complex.

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The BBC is also following efforts by political leaders in Scotland and at Westminster to save at least part of the facility.

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BBC reporters and correspondents will be following talks involving the union Unite and owers Ineos.

TWEET

@LJBicker: Unite chief Len McCluskey has arrived at #Grangemouth for talks. Shop stewards met managers this morning.

TWEET

@HolyroodParis: Figures being quoted for #Grangemouth's contribution to Scottish GDP of 8-10% scarcely seem credible - those quoting 1.2% seem more likely

STANDARD 0947

Eight hundred jobs are likely to go if the petrochemical plant closes, along with many more sub-contractors.

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Six hundred more staff are at risk in the neighbouring refinery, which was also shut down last week in the bitter dispute over Grangemouth's future.

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Ineos director, Tom Crotty, said the management team at Grangemouth would listen to what the union Unite would be saying. He told BBC Radio Scotland's Good Morning Scotland programme: "If they [the management] believe there is substantial differences in where are are now then clearly they have a duty to take that back to the shareholders. The shareholders, after the vote on Monday, and quite understandably, took a view that if the workforce had rejected that £300m investment then how were they going to go ahead and make it id the workforce were not behind that."

TWEET

@BBCRadioScot: #callkaye continues live from #grangemouth. What's your reaction to the past 24 hrs. Call 0500 92 95 00 or text 80295 http://bbc.in/ccB1DG