News

INEOS shareholders meet tomorrow to discuss next steps.

The Company will first communicate outcome to employees directly on Wednesday.


INEOS Grangemouth (UK) it is now considering the numbers of employees that have given their support to its Survival Plan.

Results will be presented to a meeting of its shareholders tomorrow.

INEOS shareholders will then decide the next step in the process.

The company will first communicate the shareholders views to the workforce directly on Wednesday.

Consultations on the Survival Plan formally began last Thursday. It will take 45 days before any changes to terms and conditions can be introduced and 60 days before any changes to pensions can be implemented.

A further announcement will be made as soon as possible.

ENDS

Media contacts

Richard Longden (INEOS): 0041 21 627 7063 or 0041 7996 26123

Mark Killick (Media Zoo): 020 7384 6980 or 07836 634449

Anna Jakubisiak (Media Zoo) 020 7384 6980 or 07814 971960

Andrew MacLachlan (Media Zoo) 020 7384 6980 or 07931 377162