Grangemouth oil refinery to remain shutdown


Grangemouth oil refinery has been shutdown by operator Ineos until a shareholder review on Tuesday, despite an announcement earlier today by Unite that planned industrial action at the site had been called off. The refinery had been in a phase of winding down for closure ahead of the strike this weekend known as “cold shutdown”. However, a statement just released by refinery owner Ineos states: “Grangemouth is shut down and will remain shut down. “Grangemouth is financially distressed. The industrial […]