Prax Lindsey Oil Refinery to cut 125 jobs despite sale hopes
NORTH Lincolnshire is reeling from the news that 125 jobs are to be lost at the Prax Lindsey Oil Refinery, despite at least two bids being considered to save the plant.
The Insolvency Service confirmed the news that the employees concerned had been notified.
The plant currently employs 420 workers and a further 500 contract jobs and thousands in the supply chain.
The Insolvency Service said the decision was not taken lightly but followed a review of the business, but promised to fully support employees subject to redundancy via the Redundancy Payments Service.
A Unite union spokesperson claimed the news made a mockery of Government promises to protect workers and its plan for net zero after it had promised job focused bids would be the priority at the refinery, yet redundancies were being made before the bids had been considered.
Commenting on the news, the Chamber's External Affairs Director, David Hooper, said this is a very sad and difficult situation for all the employees at the refinery and especially those affected by redundancy.
"The Chamber would like to see all the bids considered thoroughly and as many jobs at the site saved as possible. The refinery is a major employer in Northern Lincolnshire and its insolvency doesn't just affect those directly employed, but also those who work in the supply chain.
"We sincerely hope a buyer can be found quickly and the refinery can continue its important role in our region's economy."