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Hewitt announces GBP50 million package to help secure future of UK chemicals industry.

Publication: M2 Presswire
Publication Date: 31-JUL-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 July 2003-UK Government: Hewitt announces GBP50 million package to help secure future of UK chemicals industry(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:07312003

A major Government aid package will help safeguard over 10,000 jobs in the UK chemicals sector, Trade and Industry Secretary Patricia Hewitt announced today.

GBP50 million worth of Regional Selective Assistance has been awarded to chlorine manufacturer Ineos Chlor to help modernise its Runcorn facility on Merseyside.

Over 2000 direct jobs at the plant will be safeguarded by the aid, part of a GBP389 million investment programme by the company, safeguarding around a further 8,000 jobs in associated businesses which are dependent upon the Runcorn site.

The modernisation includes: - the installation of modern membrane cell technology for the production of chlorine and caustic soda from...

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