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[05omegav6]

terribly sorry old boy, I am a little tired...

Keeping you up?

This thread nearly oppsing sent me to a 5 month hiberntion of sleep....so I thought I would try and poke the bear instead

[albitz]

Getting back to the original post. Apparently engineers at the refinery were earning up to  £80,000 per annum - according to whats just been said on SKY news.
And the plant has been losing £10 million per month.

[cem_devecioglu]

Getting back to the original post. Apparently engineers at the refinery were earning up to  £80,000 per annum - according to whats just been said on SKY news.
And the plant has been losing £10 million per month.

question is : how much was refinery earning per annum

[albitz]

And they were offered £15,000 each in compensation for changes to the pension scheme.

[cem_devecioglu]

And they were offered £15,000 each in compensation for changes to the pension scheme.

if there were no union they will be likely offered a single finger

[albitz]

Getting back to the original post. Apparently engineers at the refinery were earning up to  £80,000 per annum - according to whats just been said on SKY news.
And the plant has been losing £10 million per month.

question is : how much was refinery earning per annum

[/highlight]

Losses of £150 million per year, for several years.

http://www.telegraph.co.uk/finance/newsbysector/industry/10398563/Grangemouth-owners-Ineos-to-close-petrochemical-site.html

[05omegav6]

Cem, unfortunately Shangri-La doesn't exist. Some people will have too little, some, will have too much. Some people will be content, some will want more, some will yearn for less. Some people will obsequiously happy, and others will be overwhelmingly depressed, suicidal even.

That's life.

No union, politician or philosopher will ever change that.

[cem_devecioglu]

Getting back to the original post. Apparently engineers at the refinery were earning up to  £80,000 per annum - according to whats just been said on SKY news.
And the plant has been losing £10 million per month.

question is : how much was refinery earning per annum

Losses of £150 million per year, for several years.

http://www.telegraph.co.uk/finance/newsbysector/industry/10398563/Grangemouth-owners-Ineos-to-close-petrochemical-site.html

a refinery loosing 150 million per year and for many years ..  3 questions arise.. with the current fuel prices how can this be possible ?

was this refinery in the same conditions from the very beginning ?

and was the management in beauty sleep and how they could continue this for years ?

something unusual imo

[Seth]

Yep. From what I heard on the radio

What you heard ... not actual fact

[Sir Tigger KC]

Oh dear one more post to 1,000 . . . and some initiation ceremony involving lubricants 

Looks like the lubricants won't be coming from Grangemouth though Rog! 

[Seth]

The unions refused to face economic reality,and refused point blank to accept it.

Could it be that: The Company failed to anticipate economic reality ... etc etc ...

[Seth]

So the government will borrow the money to fund the pension schemes and make future generations pay the bill,which is morally wrong imo.

And why not?

Is not the Government democratically elected?

[Seth]

and was the management in beauty sleep and how they could continue this for years ?

something unusual imo

Great minds think alike Cem!

The downfall of British industry ... poor management

[cem_devecioglu]

and was the management in beauty sleep and how they could continue this for years ?

something unusual imo

Great minds think alike Cem!

The downfall of British industry ... poor management

yep

similiar things are done also in our industry.. and newspapers are also full of similiar news.. factories/refineries are going downhill , costs must be cut blah blah blah..  same film same story.. 

[albitz]

Yep. From what I heard on the radio

What you heard ... not actual fact

Which is why I wrote "from what I heard...."