Talks are taking place this morning in a bid to save jobs at the Ineos petrochemical plant.
It is understood that union leaders are prepared to accept concessions and could accept the management’s “survival plan”.
Bosses at Ineos had warned that cuts in salary and pension contributions would be essential if the plant was to stay in business.
But when the majority of workers rejected changes in their working conditions, Ineos pulled the plug on the Grangemouth plant yesterday morning - prompting outrage.
More than 700 people are directly employed at the petrochemical plant.
Unite is hoping Ineos could reverse its decision if it accepts management’s original proposals.