Tata Chemicals Unit Commits £60 Million Investment for New UK Plant, Plans to Halt Lostock Production by January 2025 –
According to reports, Tata Chemicals’ UK unit has approved a capital investment of £60 million (approximately Rs 6.55 billion) to establish a new manufacturing plant in the United Kingdom. This significant investment underscores the company’s commitment to expanding its production capabilities in the region.
In a parallel development, the unit has also approved a proposal to cease chemical production at its Lostock plant. The shutdown is scheduled for completion by the end of January 2025. This decision reflects a strategic shift aimed at optimizing operations and focusing on newer production facilities.
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