Vertex Hydrogen has signed a ‘Heads of Terms’ offtake agreement for over 200
megawatts of low carbon hydrogen with Northwich-based Tata Chemicals Europe
(“TCE”).
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.
Under the new offtake agreement, Vertex will supply TCE with hydrogen as the
manufacturer continues to decarbonise its operations in the UK with a target of
achieving “net zero” manufacturing by 2030.
Joe Seifert, CEO of Vertex Hydrogen said: “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.”
Martin Ashcroft, Managing Director of Tata Chemicals Europe, said: “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
decarbonisation.”
Vertex is proud to be helping the UK lead the development of low carbon hydrogen
production as an integral part of HyNet – the UK’s leading industrial decarbonisation
cluster. It will help to solve our urgent need to drastically reduce carbon emissions in
our manufacturing sector – securing and growing vital industry.
Vertex is:
• Delivering an initial 1,000 megawatts of low carbon hydrogen capacity –
enough to provide the fuel consumed by a city the size of Liverpool;
• Capturing 1.8 million tonnes of carbon dioxide every year at full capacity –
equivalent to taking 750,000 cars off the roads;
• Investing around £1 billion in the North West of the UK and facilitating the
investment of a further £1 billion or more of associated infrastructure;
• Playing a leading role in kickstarting the UK low carbon, large scale hydrogen
market.
