Tata Chemicals to close down Lostock plant and build new £60m site in Northwich

Josh Pennington

12 November 2024 at 0:16 pm·2-min read

-Credit: (Image: Reach Publishing Services Limited)

Tata Chemicals is set to build a new £60million plant in Northwich - and will close its 'loss-making' Lostock plant in less than three months' time.

The news comes following a meeting of the company's board of directors yesterday (November 12). The board sanctioned the investment of £60million and approved proposals to build a new sodium bicarbonate plant in Northwich.

A proposal to close down its Lostock plant was also approved. The closure will come into affect at the end of January, subject to a legal requirement of an employee consultation process.

Rajiv Chandan, Tata Chemicals Limited chief general counsel and company secretary, said in a letter dated November 12: "With reference to the captioned subject, we would like to inform you that the Board of Directors of Tata Chemicals Europe Limited (TCEL), a wholly-owned subsidiary of the Company, has at its Board Meeting held today i.e. November 12, 2024 considered and approved the proposal of capital investment of £60 million to build a 180,000 tons per annum pharmaceutical grade sodium bicarbonate plant in Northwich, United Kingdom.

"This new plant will triple TCEL’s production capacity of pharmaceutical grade sodium bicarbonate in UK. Further, as part of the restructuring operations to facilitate this investment, the Board of TCEL has approved the proposal to cease chemical production at its loss-making Lostock plant by the end of January 2025, subject to completion of employee consultation as required under local law."

The company will aim to commence construction of the new plant "in 2025" with a view of the plant being operational in 2027.

The firm says the new plant will "use carbon dioxide captured from energy generation emissions as a key raw material and will meet growing demand for high grade sodium bicarbonate from pharmaceutical manufacturers for use in medicines and hemodialysis."

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