Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Exxon offers new proposal to locked-out Texas refinery workers

Published 09/29/2021, 04:17 PM
Updated 09/30/2021, 12:15 AM
© Reuters. FILE PHOTO: A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, U.S., May 15, 2021. Picture taken May 15, 2021.  REUTERS/Kathleen Flynn/File Photo

By Erwin Seba

HOUSTON (Reuters) -Exxon Mobil Corp on Wednesday offered its first concession in a new contract proposal to locked-out workers at its Beaumont, Texas, refinery and lube oil plant to include some seniority protection.

Exxon (NYSE:XOM) on May 1 locked some 650 workers out at the 369,000-barrel-per-day refinery, replacing them with temporary workers and saying the company was afraid a strike might lead to disruptions to production.

"The amended offer, which comes after months of good-faith bargaining meetings, provides further support to our represented employees’ concerns about security and seniority," spokesperson Julie King said in an email.

The leaders of United Steelworkers union (USW) local 13-243, which represents the locked-out workers, said Exxon's new offer fell short.

"Although these changes are recognized as movement by the company, the overall 40-page comprehensive offer still leaves much to be desired," the leaders said in a statement issued Wednesday night.

Exxon has not withdrawn proposals that would eliminate lead operator positions, give it the right to right to move operators among different units regardless of job seniority and to eliminate the practice of workers bidding for jobs that come open, the leaders said.

"These three proposals alone are still a direct attack on the core values of the union’s safety, seniority and security," they said.

The new proposal includes seniority protection for job transfers between the lubricants and refinery portions of the complex.

The USW 13-243 leaders said this was not a change, but clarified what Exxon had previously said.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

It also includes layoff protection for certain jobs and warehouse operator promotions in lubricants, Exxon said.

The USW leaders said this proposal could result in the elimination of a department and the cutting jobs in another department.

The refinery and lube plant has continued to produce motor fuels and Mobil 1 oil with managers and supervisors.

If the new proposal is ratified before Nov. 1, the workers will receive a $500 bonus, Exxon said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.