10 December 2009 18:12 [Source: ICIS news]
LONDON (ICIS news)--Teesside chemical businesses have welcomed the news that the UK government has committed to a £20m (€22m, $32m) investment at the Wilton International site, industry leaders said on Thursday.
“Overall we welcome this investment and believe it is an excellent opportunity to create a lasting legacy,” said George Ritchie, senior vice president, human resource & IT of utilities company SembCorp Utilities.
The Chemical Industries Association (CIA) also welcomed UK Business Secretary Peter Mandelson's announced package of investment in northeast England's manufacturing.
"I am delighted to see this tangible commitment by government to the people and businesses of the northeast,” said Steve Elliott, the CIA’s chief executive.
Phil Bailey, director at the Lucite International Cassel and Newton Aycliffe sites, said the investment was important to help reduce the energy usage and carbon footprint of chemicals production.Bailey headed the carbon capture and storage (CCS) section of the 10-point action plan on how to tackle the challenges facing Teesside’s chemicals industry, which Mandelson was handed in November on behalf of the North East Process Industry Cluster (NEPIC).
“We welcome Government financial support to develop a carbon capture and storage capability that is specifically aimed at the process industries, and having this capability in the northeast could significantly improve the attractiveness of the region as a location for chemicals manufacturing,” Bailey said.
(€1 = £0.91, $1 = €0.68)
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