Workers emerged from talk yesterday with a 'significantly improved' deal.
Bord na Móna Recycling workers have called off their one-day strike.
SIPTU representatives say it follows the securing of a significantly-improved offer for workers who'll be impacted by any sale of the company.
Shop stewards have unanimously agreed to propose acceptance of the offer to their members.
The union says many concerns remain about the proposal to privatise "this state asset" and the wider direction of domestic waste services in Ireland - adding it has requested an urgent meeting with Environment Minister Darragh O'Brien
Meanwhile, Bord Na Mona Recycling is welcoming the last minute deal.
They believe the agreement "provides a strong framework of assurances to protect existing terms and conditions for all employees".
Bord na Móna Recycling statement in full:
Following further discussions with SIPTU, we have reached agreement on a revised set of proposals for employees impacted by the sale of Bord na Móna Recycling.
Together with SIPTU officials and representatives, we have worked together to address the outstanding concerns among our staff and the union.
The agreed proposals provide a strong framework of assurances to protect existing terms and conditions for all employees, along with a continued commitment to engage with SIPTU.
We want to acknowledge the constructive role played by the SIPTU representatives in finalising this proposal and are pleased that the union will not be progressing with its planned industrial action.
In deference to our employees in Bord na Móna Recycling, we will not be commenting on the details of the proposal until they are fully briefed.
While some alternative bin collections were arranged this week to limit disruption for our customers arising from the expected strike, our waste collection schedule will resume as usual from next week onwards.
We would like to thank our customers for their understanding and remind them that our dedicated customer service channels are available for anyone who requires assistance.
Offaly Teacher Pays Tribute To Colleagues After Winning STEM Award
Asthma Society of Ireland Hold Workshop In Laois This Weekend
Laois TD Calls For Shorter Ambulance Deployment Distance
Uisce Eireann Publish Shannon Pipeline Consultation Submissions Report
70% Of Farming Families Lack Succession Plan
Mental Health Charity Triple Counselling Sessions After Citywest Protests
Westmeath Library To Close For Three Months From Today
Drug Usage On The Rise In The Midlands
Over 80 Jobs At Risk In Westmeath Tech Plant
Shannon Callows Farmers Demand Inclusion In Flood Management Group
Offaly Teachers Win National STEM Award
Appeal Lodged Against 600 Acre Laois Solar Farm Project
Government Funding To Benefit Midlands Historical Structures
Former GAA Referee Pleads Guilty To Indecent Assault
Laois TD Warns EU Plans Threaten Irish Neutrality
Almost One Million Cigarettes Seized In Offaly
Management Can Easily End Industrial Action - SIPTU
Westmeath Credit Union Manager Wins Lifetime Achievement Award
Midlands Readers Encouraged To Take Part in MS Readathon
Westmeath Town Strong Performer For Fibre Broadband