 The money is to improve production of polymers for bottle-making |
A grant of �3.1m has been awarded to a firm in north-east England which will protect jobs at a chemical plant on Teesside. The Regional Selective Assistance money has been awarded to Dupont SA to help upgrade a plant at Wilton.
The plant will be used to improve production of purified terephthalic acid (PTA), which is turn is used to make polyester resins.
The resins are used to make plastic bottles for packaging water and soft drinks.
Almost 200 high skilled jobs will be safeguarded as a result of the grant which forms part of a �27.8m investment programme by the company.
'Confidence in workers'
Industry Minister Alan Johnson said: "This is good news for the North East and the UK chemicals industry.
"This grant demonstrates the government's commitment to high-skilled, high-value added manufacturing.
"I am delighted that Dupont SA have made an ongoing commitment to their operations in Wilton - it demonstrates their confidence in the site, the management and the workers."
The plant's upgrade will enable it to produce an extra 100,000 tonnes of PTA a year, and will be completed by September 2004.
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