Plans have been submitted on behalf of the drinks company to Peterborough City Council (PCC) to change an existing warehouse in Great Haddon to their new factory.
The application, submitted by Matthew Rhodes of DPP on behalf of Oatly, references Plot 210 on the Great Haddon Employment Area in Alwalton Hill, which is currently vacant.
Plans to change the site includes a food and drink manufacturing and distribution hub with ancillary office space. Internal and external alterations would also be made to the existing building and alterations and additions to the wider site would be made.
Within the application, Mr Rhodes sated that there would be 129 less car parking spaces, bringing the total to 216, and 60 cycle spaces on site.
The plans for the factory will bring 200 new jobs to the city, with plans to open in the first quarter of 2023.
It will be able to produce 300 million litres of oat drink per year at launch, with the capacity to grow to 450 million litres - making it one of the largest plant-based dairy factories in the world.
This means plant-based dairy will be more accessible for people to switch to, helping them to reduce their climate impact.
Their move to the UK and into Peterborough was announced in March this year, with plans to create a 'systemic shift in society' and the food system towards plant-based by making plant-based dairy more accessible for people to switch to.
At the time of the announcement, Ishen Paran, General Manager at Oatly UK said: "Questions about a potential UK factory have been circulating for a while, and we’re really excited to finally announce the news of its arrival in 2023. The UK is a really important driver of the global plant-based movement, with a growing demand for Oatly across the country, and we’re excited to supply this increased demand."
Johan Rabe, Chief Supply Chain Officer added: "We look forward to supplying the UK with more oat drink - we’re even more excited to do it in a sustainable way. Like everything we do at Oatly, we’ve ensured that sustainability is core to our factory planning.
"Everything, from the sourcing of our oats, to the production of our product range specifically designed for humans, has sustainability at the heart of it. Even as we strive to grow one of the biggest plant-based dairy factories to its full capacity, this will still be our top priority."