essar stanlow address

An oil giant has announced plans to invest 1.9bn in Stanlow oil refinery in Cheshire, including establishing a plant to supply industrial hydrogen. Essar Ports Limited Essar House, 11, K.K. Many steel companies at that time went down under. Fulcrum is currently commissioning the world's first commercial waste-to-transportation fuels plant, located in the United States. Priya Chakravarty is the Senior Director, HR, at Essar Capital. Object reference not set to an instance of an object. In his avatar as editor of a business daily, he also made his mark as a widely respected and incisive columnist on macroeconomics, fiscal and monetary policy. Mumbai Essar Essar House 11, Keshavrao Khadye Marg Mahalaxmi Mumbai 400 034 Maharashtra, India Tel. The funds from the sale of the tankers were used to buy two very large crude carriers (VLCC) of modern vintage and three Cape-size vessels. Essars energy transition strategy is based on five principles: running the core Stanlow refining processes as efficiently and safely as possible; decarbonising Stanlows operations; building a hydrogen future through the launch of Vertex Hydrogen (Vertex) and as a key part of the HyNet consortium; developing green fuels (including Sustainable Aviation Fuels); and establishing the UKs largest biofuels storage facility through Stanlow Terminals Limited. Essar Oil UK Ltd - Code Of Conduct.pdf document - PDF | 4.8MB, Essar Oil UK - Anti-Slavery and Human Trafficking Statement.pdf document - PDF | 85.6KB, Essar Gender Pay Gap 2021.pdf document - PDF | 1.2MB, Tax Strategy Policy.pdf document - PDF | 481.5KB, The Stanlow Terminals Road Terminal which has significant spare capacity which provides supply resilience for the region, A direct connection via the UK Oil Pipeline through to Kingsbury, Northampton and beyond towards London, A pipeline connection to the UKs busiest regional airport at Manchester, Six berths on the Manchester Ship Canal handling export parcels of up to 10,000 tonnes, 4.4 billion litres of diesel every year - enough to drive a car doing 40 mpg 4,000 times around the equator every day, 3billion litres of petrol a year enough to drive a car 20 million times around the world, 2billion litres of jet fuela year enough to fuel 17,000 jumbo jets flying from Manchester to Los Angeles, Stanlow is one of thelargest refineries in Europe covering an area the equivalent of 300 football pitches, The refinery processes up to 9million tonnes of crude every year - thats more than 20,000 litres per minute, Distribution of products from Stanlow is mainly via road and pipeline. Top-lines crashed, while interest rates were at their highest ever (Prime Lending Rates had touched 17 percent). The project, which will fully integrate Essar, Stanlow Terminals Limited and Fulcrum assets and technology, is part of a number of innovative solutions at Stanlow designed to cut carbon emissions and contribute to the UK Government's Ten Point Plan for a Green Industrial Revolution. Locating this facility in the North West of England at a strategic location will create new, skilled jobs whilst simultaneously contributing to the UK's Net Zero 2050 objectives. Email. He is responsible for capital raising, financial performance improvement, risk monitoring and corporate banking. Plant owner Essar is also investing in a . EGFL is now poised to transition its existing assets towards a greener economy and invest in businesses which will transform sector landscapes from carbon to a clean energy ecosystem. Badrinath Durvasula joined Essar as the Managing Director, Legal, and oversees and advises the legal function for the Energy, Services & Technology sectors. Our ambition is to become a leading low carbon refinery. ENERGY Delivering cleaner/greener energy solutions, METALS & MINING Localise the supply chains for the industry, INFRASTRUCTURE & LOGISTICS Create logistics network, storage solutions and platforms by leveraging technology, TECHNOLOGY & RETAIL To be the trusted go to technology solution integrator. Until the mid-1980s, Essar was focused on the service sectors of construction and shipping, which were prone to cyclical volatility. At Stanlow Terminals, we pride ourselves on being flexible to our customers needs, with a market leading storage offering. Such emission reductions are approximately 70% and have the future potential to be fully carbon neutral. This innovative bio-refinery will convert several hundred thousand tonnes of pre-processed waste, which would have otherwise been destined for incineration or landfill, into approximately 100 million litres of low carbon SAF annually. Earlier on he has worked with TCS in the beginning of his career. With over 20 years of experience in the field of M&A and transactions, he leads all the M&A structuring on complex transactions globally for Essar Capital. Essar Global Fund invests, builds and nurtures a portfolio of world-class companies through Essar Capital, its investment manager. Essar House, 11, K.K. Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk, Original reporting and incisive analysis, direct from the Guardian every morning. Firdose Coovadia is an Advisor, Metals & Mining, at Essar Capital. info@fulcrum-bioenergy.com . Michelle Lewis, Corporate Affairs Director, Essar: michelle.lewis@essaroil.co.uk / 07805 854169, Peter Ogden, Powerscourt: essar@powerscourt-group.com / 07793 858 211. Stanlow, 25 th May 2021: A new project that forms part of Essar's plans to decarbonise the Stanlow Refinery in North West England has secured a 7.2m grant from the Industrial Energy Transformation Fund. He has overseen Essars BPO and Power businesses, Smiti is a self-driven business leader and a true entrepreneur at heart. He has played an integral role in many landmark private equity transactions and has also managed many regional and global private equity funds. The UK's second biggest oil refinery is locked in talks with tax officials over a deferred tax bill amid reports that it could be on the brink of collapse. Email address: SSTAdvising@asu.edu / SSTGradAdvising@asu.edu Phone: 480-965-7682 Location: Advising offices are located in 777 Novus, Suite . Essar sponsors Indias largest annual junior soccer hunt challenger, Essar pledges to make substantial investment in the state of Odisha, www.essaroil.co.uk/news/uks-first-refinery-based-hydrogen-furnace-arrives-at-essar/, Essars ambition is to be a leading low carbon refinery, with a long-term transformation into a low carbon energy provider, Major driver of carbon reduction will be the construction of a 360 million CO2 Capture Plant, set to start in Q1 2025, with completion in 2027. Unlike other fuel technologies currently being considered by industry, the use of SAF does not require changes to aircraft, engines, or airport infrastructure. Having started his career with HPCL, he worked with National Oil Nigeria, Reliance Industries Ltd., TotalFinaELF and Gulf Oil India. Realising the need to be a niche player in the global transportation industry, Essar drew up a plan to be a complete logistics solution provider. Harnessing our expertise and experience, ambition and can-do approach, we contribute to a more sustainable society while providing value propositions to our partners by simplifying their supply chains. Additionally, he is also a member of the India-Indonesia CEOs Forum. He joined Essar as CEO Retail in the year 2010. Jeff Ovens, Managing Director, UK & Europe Fulcrum, added: We are excited to be announcing this project, located within one of the UK's most important energy producing assets, which will help reduce the burden on landfills and industry's reliance on fossil fuels. All these projects helped transform Essar Constructions into a leading EPC contractor. You may not use any information obtained from Intelius for any purpose covered by the FCRA. He has led natural resources sector businesses for major investment banks globally. Essar Oil (UK) Limited (Essar) is delighted to join forces with Fulcrum BioEnergy Limited (Fulcrum) and Essar's subsidiary company Stanlow Terminals Limited to create a new facility which will convert non-recyclable household waste into sustainable aviation fuel (SAF) for use by airlines operating at UK airports. This was not sufficient for the business to achieve and sustain long-term growth. Managing Director, Finance, Infrastructure, Technology & Retail, Managing Director, Business Development, Metals & Mining, Download Corporate Film(Extended Version). This is equivalent to the domestic heating energy used by a major British city region, such as Liverpool. An offering that prides itself in the highest levels of safety to protect our people, your people and the communities we operate in. He Joined Essar in 1997 as COO in Essar Telecom and was the Executive Director of Essar Shipping Limited from 1998-2002. An MBA from IIM Lucknow, Rakesh is a qualified Engineer from NIT, and brings with him 13 years of experience. The project was funded by Indian financial institutions and the ECB. Essar JV to build UK's largest hydrogen hub 2 min read . Haseeb Drabu is an economist with over 30 years of experience with diverse skill-sets and wide-ranging experience as a lawmaker, policy planner, banker and an economic commentator. Sunil Jain is the Operating Partner for Energy transitions. The aim was to build a diverse fleet that could help hedge any downturns in the business. Stanlow. . Last month Essar Oil UK announced its participation in the production of blue hydrogen under the HyNet project. Vertex's low carbon hydrogen production plant will be a core part of the HyNet low carbon cluster. The FRNs were due for refinancing in 1999, the year that marked the end of the five-year term. The promoters could foresee the demand, a vision that paid rich dividends. Essar Oil UK bought the Stanlow refinery at Ellesmere Port from Shell in 2011. As a core part of the HyNet cluster, Essar's Stanlow site already plays a prominent role in the UK's energy transition planning framework, following the selection of HyNet by the UK government in . The company approached State Bank of India (SBI), a leading public sector bank in India, for a loan. This is a massive undertaking, but it is a journey we are fully committed to. A qualified chartered accountant, Kailash joined Essar in 2003 after working with Chaturvedi & Shah and Dewani & Co. Adithya Bhat, with over 27 years of experience in Governance, Risk and Compliance (GRC), is the Chief Risk Officer at Essar Capital. Phone. Rajiv was awarded the designation of Canadian Investment Manager by the Canadian Securities Institute in 2006. Independently, Essar had acquired licenses in seven circles where Hutchison Essar did not have operations, and in four circles of BPL. Ellesmere Port, Cheshire, Managing Director, Finance, Infra, Tech & Retail. The project, which will see an investment of approximately 600m, will use Fulcrum's proven waste-to-fuel process, which is already being deployed at its pioneering facility outside of Reno, Nevada in the United States, where operations are due to begin later this year. The 45 million furnace is the first of its kind in the UK, capable of running on a 100% hydrogen source and will replace three existing furnaces at Stanlow. Sponge iron generation capacity was also increased to 5.5 MTPA. Acting as director of several client companies, Rajiv is a Fellow member of the Mauritius Institute of Directors since 2012. Box 2260 Tempe, Arizona 85280-2260 For all other mailing needs: ASU Foundation P.O. Follow on capacity growth is planned to reach 80% of the UK Governments new target of 5GW of low carbon hydrogen for power, transport, industry and homes by 2030. . 2023 PeopleConnect, Inc. d/b/a Addresses.com. He holds a BA (Hons) in Economics and a Masters in Investment and Finance. The gas will be permanently sequestered into depleted gas fields under the sea in Liverpool Bay, as part of the HyNet cluster infrastructure in the North West of England. Stanlow contributes an estimated 60 million each year to the local economy and will house the UK's first low carbon hydrogen facility. The green energy projects will include an investment of $1.2 billion in green ammonia manufacturing in India. Again, breaking the tradition of locating manufacturing facilities close to the mines, the Company chose to build the plant at Hazira, a port on the west coast of India. Being one of the low-cost steel producers, Essar managed to make operating profits. Suite 220 Essar Constructions grew its activities considerably over the years. He has significant experience of managing strategic transactions, acquisitions and raising capital across industries including Financial Services, Information Technology and Manufacturing (Cement, Sugar, Refractories, Power, Renewable Energy, Steel & Healthcare). Essar Oil (UK) Limited is registered in England and Wales with company registration number 07071400 and registered office at 5th Floor, the Administration Building, Stanlow Complex, Ellesmere Port, Cheshire, CH65 4HB. Kingsbury Diesel 121.92 ppl, PU10 114.84 ppl. Fulcrum is actively developing Fulcrum NorthPoint at the Essar Stanlow Manufacturing Complex in Cheshire, in the North West of England. Prior to joining Essar, he was the CEO of Religare Finvest Limited (RFL) and the Managing Director of Religare Housing Development Finance Corporation (RHDCL). Both these factors led to a stoppage of work at the refinery, The Mid-2000s: Resurrecting the Essar Oil Refinery. Vikash is also a member of the Management Committee of Essar Capital. Madhus expertise lies in the area of mergers & acquisition, fund raising, investor relations, and operations management, and leads future capital investment recommendations to Essar Capitals Board of Directors. Essar replaced Swiss PTT with Hutchison as partner. The returns from the transition will not only outperform benchmark returns but also contribute to a sustainable society within the framework of Environmental, Social and Governance (ESG) and transform sectors for a post carbon economy. He has also advised boards and management on major transactions in 34 countries. Being the largest independent means we can move quickly to meet your bulk liquid storage needs, Unique Refinery Access It invested in relevant logistics assets. Operating Parter, Infrastructure & MD & CEO, Essar Ports. Rahul Taneja is the Managing Director, Human Capital at Essar Capital. All these activities were consolidated under Essar Shipping and Logistics Limited. Sale included 20 MTPA refinery, retail, port and related infrastructure. Shashi Ruia began his career in the family business in 1965 under the guidance of his father, the late Nand Kishore Ruia. The chemicals manufacturing plants uses technologically-advanced process units to produce propylene and turn ethylene, benzene, hydrocarbons and other feedstocks into a wide range of polymer and other products. A new value-centric growth strategy based on Entrepreneurship, Expertise and Experience along with a robust governance system and structure will deliver superior returns, sustainably. Stanlows reconfigured and optimised single train operation delivers significant upgrading capability and produces an above average proportion of middle distillates, principally diesel and jet fuel, helping to addressthe significant and growing deficit in the UK and Europe. Unite said it had informed the owner of the Ellesmere refinery, India's Essar Group, that its members . 20 August 2011. Managing Director, Finance, Infra, Tech & Retail, at Essar Capital. In 2005, when the government came out with the unified licensing scheme, the JV started merging all the telecom circles. This is great news for the North West, with hundreds of jobs created as the region takes the lead in making aviation greener.I hope this is a sign of great things to come as we look forward to a sustainable, low carbon future for aviation, helping us push forward towards our 2050 net-zero target. It also bought Stemcors 100 percent stake in Steel Corporation of Gujarat (SCGL) which had set up a 1.2 MTPA cold-rolling complex at Hazira. According to Essar, the Fulcrum NorthPoint venture will complement Essar's wider plans to build a green energy industrial cluster at the Stanlow site, and will fully integrate Essar, Stanlow Terminals, and Fulcrum assets and technology. Aviation is one of the most hard to decarbonise transport sectors and sustainable aviation fuel is a key enabler for the reduction of carbon emissions. General enquiry Contact us Commercial enquiry Retail enquiry Purchasing and Supplier Management (PSM) enquiry Careers enquiry General enquiry For general enquiries please write to: Stanlow Refinery Ellesmere Port Cheshire CH65 4HB Or phone Switchboard 0151 350 4000 Once complete in 2027, the plant will eliminate an estimated 0.81 million tons of CO2 per year the equivalent of taking 400,000 cars off the road, eliminating nearly 40% of all Stanlow emissions. Essar bought Stanlow in 2011 An oil giant has announced plans to invest 1.9bn in Stanlow oil refinery in Cheshire, including establishing a plant to supply industrial hydrogen. Fulcrum's partner, Essar, will assist with the blending and supply the sustainable aviation fuel to airlines, with Stanlow Terminals Limited providing product storage and logistics solutions for the project under a long-term agreement. Crude oil is supplied to the refinery via a 15 mile pipeline from the companys Tranmere facility further downstream in the Mersey Estuary. M: +44 (0)7805 854 169 E: ian.cotton@essaroil.co.uk . Prior to joining Essar, he has worked with Caf Coffee Day and UB Spirits. Located on the south side of the Mersey Estuary close to Liverpool and Manchester, STL is the newest and largest third party liquid storage business in the UK, controlling 3 million cubic metres of capacity. Ian Cotton, Head of Communications and Community. All Rights Reserved. Even during the downturn in the shipping industry, Essar Shipping registered profits. It also enables the import of large parcels of diesel. This plant helped Essar Constructions garner expertise in building power plants in addition to its valuable experience in other sectors, including the steel plant for Essar Steel. As the world comes together to develop innovative ways of generating sustainable energy the supporting storage and transportation infrastructure needs to evolve. Box 874308 Main phone: 480-965-7682 Fax: 480-965-9199 Undergraduate & Graduate Advising. Kent plc has been awarded a pre-FEED engineering contract to develop the facility that will take the CO2 emitted from one of Europes largest full-Residue Fluidised Catalytic Cracking units, located at the Stanlow refinery. Fulcrum BioEnergy, Limited is a wholly owned subsidiary of Fulcrum BioEnergy, Inc., a pioneer in the development of projects to convert everyday household and commercial waste into low-carbon aviation fuels and other transportation fuels. Essars Indian lenders refused to bail the company out. Thus Essar was able to build one of the most valuable telecom companies in the world. Stanlow is connected to the rest of the UK by an extensive road network, focused on the M62, M60, M56, M53, A66, A69 East-West corridors and the South and Transpennine routes. Sanjay is a seasoned professional with more than 22 years of stellar experience in building and leading large financial businesses across wholesale and retail segments. Essar Constructions executed pipe laying contracts for all the major oil companies in India, and drinking water pipelines in Gujarat, Tamilnadu and Rajasthan. Stanlow, 15th February, 2021. Essar also entered the power and telecom sectors as and when they were opened up to private participation. The experience of contract drilling gave Essar an opportunity to understand the oil business better, and setting up the refinery was the logical thing to do. . Stanlow Oil refinery at Ellesmere Port in northwest England Why you can trust Sky News The owner of the vast Stanlow oil refinery in north-west England is in urgent talks about its future amid concern that it could be nearing collapse. Essar negotiated with the FRN holders for a one-time settlement and refinanced its entire rupee debt at a lower cost. Work also started on expanding capacity from 2.4 MTPA to 4.6 MTPA through brownfield expansion, which requires far less capital than similar greenfield projects The cost of this project was USD 2.64 billion. He has held several senior management positions within the financial services industry over the past twenty-two years with experience in stockbroking, investment and treasury management, corporate and fund administration and insurance mainly in Mauritius and Canada. Copyright 2023 Essar. Essar is building assets & creating value in new promising markets right from services to retail in India and internationally. The pipe laying division of the company was certified at ISO 9002. Since acquiring Stanlow in 2011, Essar has invested $1 billion in margin improvement and other efficiency initiatives to ensure the refinery remains competitive in a rapidly changing market. All its Suezmax tankers were approved by oil majors, an endorsement that fetches a premium in freight. Essar is to make a 1.98bn investment at its Stanlow refinery as it continues its low carbon energy transformation / Picture: Essar Group Prashant Ruia, director of Essar Capital , said: "The launch of EET is a major milestone in Essar's long-standing commitment to put the UK at the forefront of low carbon energy. Founded in 2007, Fulcrum BioEnergy, Inc. has developed a proprietary process, using commercially proven technology, to convert waste that would otherwise be landfilled or incinerated, into low-carbon, ultra clean burning liquid transportation fuels (Fulcrum FuelTM).