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Tata Chemicals Europe inks pact with Vertex for low carbon hydrogen supply

January 26, 2023 by www.moneycontrol.com

TCE is one of Europe's leading producers of sodium carbonate, salt and sodium bicarbonate (Representative image)

TCE is one of Europe's leading producers of sodium carbonate, salt and sodium bicarbonate (Representative image)

Tata Chemicals Europe (TCE) and Vertex Hydrogen have signed an offtake agreement for the supply of over 200 megawatts of low carbon hydrogen, according to a press release on January 26.

Under the new pact, Vertex will supply TCE with hydrogen as the chemicals manufacturer continues to decarbonise its operations in the UK with a target of achieving "net zero" manufacturing by 2030.

"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,” TCE Managing Director Martin Ashcroft said.

Also Read | Essar Oil UK inks offtake deal with Vertex Hydrogen

Vertex Chief Executive Officer Joe Seifert said the company is “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,” Seifert added.

TCE is one of Europe's leading producers of sodium carbonate, salt, sodium bicarbonate and other products used in the manufacture of food and animal feed, glass, detergents, chemicals and several other industry applications.

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.

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Tata Chemicals Europe inks pact with Vertex for low carbon hydrogen supply have 475 words, post on www.moneycontrol.com at January 26, 2023. This is cached page on Business News. If you want remove this page, please contact us.

Filed Under: Companies Tata Chemicals Europe, Vertex Hydrogen, Low Carbon Hydrogen, Green energy, Renewable energy, net zero carbon emissions

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