With Tata Chemicals Europe, situated in Northwich, Vertex Hydrogen has inked a “Heads of Terms” offtake agreement for more than 200 megawatts of low carbon hydrogen.
In accordance with the new offtake agreement, Vertex will provide hydrogen to TCE as the company works to further decarbonize its UK facilities in order to achieve “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.”