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Venezuela VP declares petchem strike illegal

Venezuelan vice president Adina Bastidas asked striking petrochemical workers ...

Venezuelan vice president Adina Bastidas asked striking petrochemical workers to go back to their work stations and declared their strike illegal, a televised press conference Tuesday. Some workers at two of the country's three main petrochemical complexes are refusing to recognize an agreement struck last Saturday for a new workers' contract which gave workers a 24% pay rise and promised two further increases.
"An agreement at the Labor Ministry was reached and this was signed by four of the five unions," Bastidas said, following an emergency meeting with Venezuelan Energy Minister Alvaro Silva and other top ministers. A spokesman for Pequiven, the petrochemicals division of state energy company PDVSA, told Platts the majority of the company's more than 3,000 workers had not gone on strike and the plants were operational.

platts.com