Grangemouth Ineos threat: Give us the facts not the fear tactics

Ineos Grangemouth Refinery, Bo'ness Road, Grangemouth. Previously owned by BP, the refinery was sol to Ineos in December 2005 and has a refining capacity of >10 million tonnes per year. for special reports. energy ecosse. fuel. petrol.
Ineos Grangemouth Refinery, Bo'ness Road, Grangemouth. Previously owned by BP, the refinery was sol to Ineos in December 2005 and has a refining capacity of >10 million tonnes per year. for special reports. energy ecosse. fuel. petrol.
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Ineos has been warned to stop ‘scaremongering’ and come up with some facts about the supposed danger facing its Grangemouth site.

It is believed union officials are calling on members to ballot to strike and that recent statements in the national press by company chairman Jim Ratcliffe may have been one of the contributing factors.

A statement from Unite said Mr Ratcliffe’s comments were a “shocking and misguided attempt to cause fear and uncertainty”.

The statement added: “We are disappointed in this blatant attempt by Jim Ratcliffe to position the workforce ahead of scheduled talks on pensions and future site investments.

“We should talk face to face on these matters rather than conduct our industrial business in the media.”

East Falkirk MP Michael Connarty also wants to have a meeting with Ineos management to get to the bottom of the situation.

He said: “The big problem with Ineos is the refinery side of the business is losing money hand over fist, I think it lost £100 million last year.

“The cost of feedstock is very high. They got over £620 million through their deal with PetroChina, who got 50 per cent of the Grangemouth refinery.

“They were hoping there would be investment and PetroChina would bring in feedstocks, but that didn’t happen and the Chinese economy slowed down.”

If the site was to shut down then hundreds of jobs, both Ineos employees and contractors, would go.

Ineos had previously stated there were no plans to close any facilities at Grangemouth, but had made no comment on the issue this week as The Falkirk Herald went to press.

Earlier this year, Unite supposedly threatened to take action as a result of the company’s alleged mistreatment of a union member.