Grangemouth dispute: Live coverage of Ineos announcement
25 October 2013 Last updated at 11:24 BST
BBC Scotland is providing live coverage as owner Ineos announces that the Grangemouth petrochemical plant will remain open.
The company had announced the closure of the plant, with the loss of 800 jobs, on Wednesday after workers rejected a deal which would have changed their pay and pensions.
However, workers were told in a mass meeting at 11:00 that the decision to close the site would be reversed.