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Full Debate: Read Full DebateDepartment: Department for Environment, Food and Rural Affairs
Justin Madders
Main Page: Justin Madders (Labour - Ellesmere Port and Bromborough)Department Debates - View all Justin Madders's debates with the Department for Environment, Food and Rural Affairs
(2 years, 5 months ago)
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Justin Madders (Ellesmere Port and Neston) (Lab)
On CF Fertilisers, may I thank the Secretary of State for the time he took yesterday to discuss the future of the site? I am pleased to see that there is interest in purchasing the plant. Does he agree that despite the ongoing challenges that the industry faces, with a parent company that increased its dividends by 33% in the first quarter, there is no reason why the plant cannot be sold as a going concern?
George Eustice
I entirely agree with the hon. Gentleman; although CF Fertilisers has chosen to consolidate its UK operations into Billingham, the Ince plant remains viable and the best commercial exit from that plant for CF Fertilisers would be to progress an offer based on selling it as a going concern. There are many skilled people in his constituency who have been working at that plant, and the best outcome for all concerned would be for it to be sold as a going concern.