BP says new wood pellet plant at Saltend provides "exciting platform for growth"

By Hull Daily Mail | Posted: 19 Apr 2017

BP says a new wood pellet plant at its Saltend site will provide "an exciting new platform for growth" as the company marks its 50th year of operations in Hull.

BP at Saltend manufactures acetic acid and acetic anhydride – products that provide key raw materials in food preservation and pharmaceuticals, as well as textiles, bottles, packaging and film products.

The city is also home to one of BP's main global research and technology centres.

Last month BP, Accsys Technologies and MDF producer Medite announced the creation of a consortium, Tricoya Ventures UK Limited (TVUK), to build and operate the world's first Tricoya® wood elements acetylation plant.

Set to open in 2019, the £58.8m facility will manufacture Tricoya acetylated wood – a durable wood product that can be used in joinery, decking and structural engineering.

Nigel Dunn, vide president of BP global acetyls, said: "The creation of this new consortium provides an exciting new platform for growth for our BP Hull facility. The co-location of the Tricoya Ventures UK plant with our acetic acid facility creates natural synergies and the foundation for a great partnership.

"BP has a long history in Hull and we are proud to be able to find new opportunities to support economic growth and diversity in the region."

Over the past 50 years, BP has invested millions in its two acetic acid manufacturing plants at the Saltend Chemicals Park, which has been home to a new generation of chemical processes.

Today, the site hosts some of BP's most innovative and cutting-edge operations. BP's two acetyls plants are the largest producers of acetic acid in Europe and also host one of the principal global research and technology centres for petrochemicals.

Today, BP is one of seven world-class chemicals and energy businesses which operate from the chemicals park.

The new wood acetylation plant will manufacture acetylated Tricoya wood chips. These wood chips are treated with the acetic anhydride produced by BP Chemicals at Saltend, and then used to produce high performance MDF or particle board panels.

BP will invest more than £19.9m in the venture over a two year period. The new facility has also received funding through a business investment grant from the Green Port Growth Programme, which is administered by East Riding and Hull City Councils.

Up to 130 jobs are expected to be created through the construction of the new facility. Once operational, it is expected to support 30 new jobs.

Paul Clegg, Accsys CEO and chairman of Tricoya Technologies Limited (TTL) chairman said: "We are pleased to have secured a new manufacturing capacity for Tricoya wood elements that will allow us to take advantage of the growing market opportunity for Tricoya which we believe to be substantial with continued growing demand for this

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