November 25, 1999

New Investment Adds to Chlor-Chemicals' Confidence in Growth

A new investment has been agreed in principle which will create more jobs in Halton and is part of Chlor-Chemicals' long-term strategy to 'Double in a Decade'.

High Chemicals, a Welsh-based company which makes chemicals used to improve the environment, will construct, own and operate a £2m production plant within the ICI Runcorn site complex, doubling High Chemicals' total UK output.

The new plant will use raw materials supplied by Chlor-Chemicals to make ferric and ferrous chloride, products used primarily by water companies to filter drinking water and to treat sewage.

It is expected that High Chemicals will employ 25 people to manage and operate the plant when it comes on stream in the summer of next year, and around a further 100 jobs will be created during the plant's construction phase, beginning January.

Adrian Bromley, Chlor-Chemicals' chief executive is confident the deal is another significant step towards securing the business's long-term success and says it is good news for all concerned. He said: "This is an excellent deal for both our businesses and indeed the local economy; the investment will provide more jobs for the region and will produce chemicals which improve the quality of life. It is also a further step towards achieving our long-term plan of increasing the size of our business through our 'Double in a Decade' strategy.

"The Runcorn site has recently seen a growth in investment by a companies operating alongside our Chlor-Chemicals business and we are looking forward to a productive partnership with High Chemicals well into the future."


For enquiries contact the Press Office:

Craig Welsh
Telephone: 01928 511528
Fax: 01928 569459
Email
: craig.welsh@ineoschlor.com