This is a big capitulation by the union to save 800 jobs at the Grangemouth plant.
Pay freeze, no strikes and a pensions cut. This is the "something big" that Ineos demanded.
Grangemouth owners Ineos are in last ditch talks with the workers' union, but the workforce is just one of the problems facing the plant.
Thousands of jobs are under threat after a dispute over conditions led to a shock decision to close the petrochemical site in Grangemouth.