Tata Chemicals Europe and Vex sign low carbon hydrogen offtake arrangement
Vex Hydrogen has signed a heads of terms offtake agreement for over 200 megawatts of low carbon hydrogen with Northwich-based Tata Chemicals Europe. TCE is one of Europe’s 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. Joe Seifert, CEO of Vex 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 Vex continues to help build the UK’s low carbon energy future.” 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. Martin Ashcroft, Managing Director of Tata Chemicals Europe, said, “We have been suppors of Vex 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.”