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We are thrilled to sign these heads of terms with TATA Chemicals Europe, as an industry leader driving tangible change to reduce emissions. This agreement marks another major step forward in the North West’s energy transition, as Vertex continues to help build the UK’s low carbon energy future.
Joe Seifert, CEO of Vertex Hydrogen
In June 2022, Tata opened the UK’s first industrial scale carbon capture and usage plant. The £20 million investment captures 40,000 tonnes of carbon dioxide each year the equivalent to taking over 20,000 cars off the road.
Vertex is helping the UK lead the development of low carbon hydrogen production as an integral part of HyNet, the UK’s leading industrial decarbonization cluster. It will help to solve our urgent need to drastically reduce carbon emissions in our manufacturing sector, securing and growing vital industry.
We have been supporters of Vertex and the low carbon hydrogen segment as a real opportunity to further reduce emissions at our world class CHP facility. This agreement marks the next step in our relationship as we continue our journey as a leader in industrial decarbonization.
Martin Ashcroft, Managing Director of Tata Chemicals Europe