essar stanlow address

He is on the Boards of World Steel Association, and the Metals & Mining and Energy industry Committee of the World Economic Forum. Essar is building assets & creating value in new promising markets right from services to retail in India and internationally. Essar Group bets $3.6 billion on decarbonisation in India and UK Vikash Saraf is the non-executive director of Essar Capital. Essar Energy, which owns the Stanlow oil refinery in Ellesmere Port, Cheshire, is negotiating with HM Revenue and Customs (HMRC) over a 223m VAT payment, delayed because of the pandemic. India Salaya Vizag Stanlow. The 1980s: Supporting Indias nascent exploration sector. Prashant holds key positions on several prestigious regulatory and professional boards. Leveraging his extensive business network, Firdhose has also played an active role in assisting portfolio companies with business development and cross-border transactions or business relationships across Africa, the Middle East and Asia. Stanlow has 800 employees, and is a key strategic national asset, annually producing over 16% of the UKs road transport fuels, while playing a key role in Britains broader petrochemical industry. Not only is it the right environmental thing to do, it will future proof the critical Stanlow refinery for the long term, protecting jobs and industry, while also placing Stanlow at the very centre of the UKs energy transition.. Having completed his law degree from the University of Leeds, United Kingdom, Andrew has over 25 years of rich experience. Mr Viral Gathani is the Managing Director, Finance, Energy, at Essar Capital. It bought six new double-hull double-bottom Suezmax tankers between 1991 and 1994, a time when no shipping companies were investing in such vessels. He is a strong business development professional with a Mechanical Engineering Degree from Aligarh Muslim University. Essar merged these circles into Hutchison Essar to create a telecom major. Anshuman Ruia is known for his financial expertise and project execution skills. This included an oil terminal at Vadinar with a capacity to receive 32 MTPA of crude, 14 MTPA product dispatch facilities through sea, crude storage facilities, and product dispatch facilities by road and rail. Essar Oil UK, which is being advised by EY, also insists it has made considerable progress to strengthen its financial position and agree new financing. 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. Essars Indian lenders refused to bail the company out. Our sights are firmly set on helping to drive the UK's decarbonisation strategy. 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. Alok Gupta is the Operating Partner, Technology & Retail, at Essar Capital. Following this maiden contract, Essar bagged projects at every major port in the country, including Tuticorin, Mangalore, Goa, Kakinada and Nhava-Sheva in Mumbai. Tempe, AZ White Pages. 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. Essar and the + device are registered trademarks of the Rising Groups Limited, an Essar Group company. The sponge iron plant became a hugely successful venture. Rajiv Agarwal is the Operating Partner, Infrastructure, at Essar Capital and Managing Director, Essar Ports.He has over 30 years of experience and has held leadership positions in sectors such as Ports, Shipping, Telecom, Retail and Business Processing Outsourcing. A fleet of 13 onshore rigs and a semi-submersible rig were deployed with clients in India and abroad. In addition, SAF produced at the site offers a 90% reduction in particulates, which may benefit local air quality in and around airports. The Research & Development team developed high-end products for specialized applications, like interstitial free steel for auto and auto components, high-end API grade steel for the petroleum industry, steel conforming to the ABS standard for ship building industry and so on. All Rights Reserved. The company received underwriting commitments from Chase and Lehman Brothers. Essar Oil UK Contact us Contact us How can we help you? 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. The project has been selected by BEIS as a Phase-2 winner in the CCUS cluster sequencing process earlier this summer, and as such, is currently progressing through the due diligence stage. This landmark development supports our long term sustainability ambition to deliver the energy solutions of the future and position Stanlow as the UK's leading sustainable aviation fuel hub. Utilising our strong geographical position and experience in the energy sector, we are providing delivery solutions based on the ability to safely handle energy products to meet the needs of todays society and tomorrows society. In the early 1990s, the Indian economy was liberalised and many industries that were hitherto monopolised by public sector companies were opened up to the private sector. Essar Oil (UK) Limited 2021. He also ensures the successful delivery of the organisations corporate and business plans and desired outcomes. Essar House, There was an FCCB (Foreign Currency Convertible Bonds) component that needed to be raised abroad in the latter half of 1998. Essar replaced Swiss PTT with Hutchison as partner. Essar then acquired licenses for Eastern UP, Rajasthan, Haryana and Punjab. At Stanlow Terminals, we pride ourselves on being flexible to our customers' needs, with a market leading storage offering. Kingsbury Diesel 121.92 ppl, PU10 114.84 ppl. The construction of two blue hydrogen production hubs at Stanlow will attract 750 million pounds ($1 Billion) in total investment and support a hydrogen economy across North West England and North East Wales. Sale to Brookfield Asset Management Company, 10 MTPA integrated steel manufacturing complex. 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. Essar launches EET to invest $3.6 bn in energy transition in UK, India Essar Global Fund invests, builds and nurtures a portfolio of world-class companies through Essar Capital, its investment manager. By 2006, all the circles were under one umbrellaHutchison Essar Limited. In 2005, when the government came out with the unified licensing scheme, the JV started merging all the telecom circles. Correspondence address Essar Oil (uk) Limited, Lansdowne House - 2nd Floor East, Berkeley Square, London, England, W1J 6ER . Ensuring your bulk liquid products reach their destinations with ease. 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 Essar Capital is governed by its board of directors and its responsibilities as investment manager of EGFL include: Essar House, 11 KK Marg, Mahalaxmi, Mumbai 400 034, India. and more than 70 percent of its shipping revenues came from international operations. 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. Essar Logistics took care of the movement of cargo, generated by Essar Steel and Essar Oil, by road. It also enables the import of large parcels of diesel. Rewants global exposure, fresh perspectives and arc of activities has contributed to Essars strategy and operations in the mining, steel and retail sectors both in India and abroad. Utilising the world class facilities available at Essar, including the impressive jet fuel storage facility at Stanlow Terminals Limited and direct pipeline to UK airports, Fulcrum, along with its current and future investors, will be able to build and operate its facility more efficiently and sets the 'gold standard' for SAF production by fully integrating its new, low carbon fuel technology directly within an existing refinery.Fulcrum's fuel will enable airlines to reduce their impact on the environment and help put the aviation industry on its path to a more sustainable long-term operation. In 2012, he was awarded an excellence award for his contribution to renewable energy and sustainability by the Energy and Environment Foundation. With has a nameplate capacity of 296,000 barrels of oil a day, it is responsible for about one sixth of the UK's petrol supply. Andrew Wright is the Managing Director, Legal, at Essar Capital. He Joined Essar in 1997 as COO in Essar Telecom and was the Executive Director of Essar Shipping Limited from 1998-2002. It had a fleet of over 100 vehicles of varying capacities. Also, the financial sanctions imposed on India subsequent to the Pokhran nuclear test in May 1998 ensured that Essar was banned from raising FCCBs. 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. Sited on a 770 hectare industrialised area of Ellesmere Port, Cheshire, Stanlow benefits from its close proximity to major north-west metropolises, a robust configuration and reliable, well maintained assets. In 1999, the government announced a new telecom policy that was more conducive to growth. His academic research paper on Sustainability and Renewable Consumption Obligation has been presented at forums of international repute. Subsequently he took responsibility as President Global Markets & Strategy since 2012 where he was responsible for sales, pricing strategy, marketing, and product & category management for the Steel business. Michelle Lewis, Corporate Affairs Director, Essar: michelle.lewis@essaroil.co.uk / 07805 854169, Peter Ogden, Powerscourt: essar@powerscourt-group.com / 07793 858 211. Essar wanted to buy out Hutchisons stake and tied up a line of credit of over USD 11 billion. . 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. In early 2005, Essar restructured the balance sheet and work resumed with renewed vigor on completing the refinery project. In 1995, a few months after mobile telephony was opened up to private participation, Essar became the first company to start GSM operations in Delhi under the brand name, Essar Cellphones. He has held key leadership positions at Jindal Steel & Power Ltd, Jet Airways, Essar and Dell international. 4900 Hopyard Road Suite 220 Pleasanton, CA 94588. Sited on a 770 hectare industrialised area of Ellesmere Port, Cheshire, Stanlow benefits from its close proximity to major north-west metropolises, a robust configuration and reliable, well maintained assets. Doaa AboulThomas AbbottSusan AdamsEmilio AbundioBorzu AfshariRay AdamsAnn Addington, Mesa, AZPhoenix, AZChandler, AZScottsdale, AZGilbert, AZ. Stanlow, 30th November 2022: Essar Oil UK Limited (Essar or the Company) today announces its plan to build a 360 million major new carbon capture plant at its Stanlow refinery in line with its ambition to become a leading low carbon refinery by 2030. This will produce (in its initial phases) 1GW of hydrogen (the equivalent energy use of a large UK city like Liverpool) and capture some 1.8 million tonnes of carbon per annum. Hutchison Essars subscriber base, too, has risen from 1,50,000 to 28 million. White Pages - Find People In | Addresses Essar also entered the power and telecom sectors as and when they were opened up to private participation. Maharashtra, India, Copyright 2021 All rights reserved Regular ferry services connect Stanlow from Liverpool and Holyhead to Ireland, Isle of Man, Northern Ireland and northern Spain. Essar JV to build UK's largest hydrogen hub | Mint 4900 Hopyard Road This new development promises to lead the way to a cleaner and more sustainable future in the North West and change the way aviation fuel is made to help decarbonise the UK. Eventually, the loan was sanctioned, with a repayment structure that was unique for its time. Essar Oil UK, which operates Stanlow Refinery, and Fulcrum BioEnergy, based in California, US, have teamed up with Stanlow Terminals to develop the . By 2030, Vertex expects to deliver nearly 4GW of low carbon hydrogen, equivalent to c.40% of the UK Governments national target. Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. Role Active Director Date of birth July 1961 Dhanpat Nahata is the General Partner, Strategy and Risk, at Essar Capital. Simultaneously, global steel prices started tumbling and reached a historic low of USD 180 per tonne. 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. Fulcrum NorthPoint is expected to begin commercial production in the first quarter of 2027, producing approximately 100 million liters of low carbon sustainable aviation fuel each year. . Moreover, the quality of scrap was also not always up to the mark. He would be responsible for advising and leading the company with regards all investments and opportunities in the metals & mining sector. The Fair Credit Reporting Act ("FCRA") is a federal law that promotes the accuracy, fairness and privacy of information in the files of consumer reporting agencies. Essar JV to build UK's largest hydrogen hub 2 min read . Essar Oil (UK) Ltd is committed to playing a key role in the decarbonisation of the UK economy, with ambitious plans to build an energy transition cluster at Stanlow. The Fulcrum venture will complement Essar's wider plans to build a green energy industrial cluster at the Stanlow site. The Manchester Ship Canal that connects Liverpool to Manchester also provides further hinterland water connection to North West UK. Now, Essar is all set to team up with the new JV partner Vodafone to take growth to the next level. 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. The aim was to build a diverse fleet that could help hedge any downturns in the business. It vigorously worked towards restructuring its balance sheet, drawing up a three-pronged strategy to address . Workers at Stanlow oil refinery refuse to unload cargo of Russian oil Managing Director, Finance, Infrastructure, Technology & Retail, Managing Director, Business Development, Metals & Mining, Download Corporate Film(Extended Version). Prashant is part of the second generation of the Ruia family that founded Essar. The refinery plays a strategic role in the UK economy, supplying 16% of all road transport fuels. By continuing to use our website, you agree to our Privacy Policy Accept, Dedicated marine import capability to tankage. EOUK had agreed to an accelerated schedule to make this payment. Tripathi is the Vice Chairman, Exploration & Production at Essar Capital, and has over 36 years of experience across Operation & Maintenance of Pipelines, Project Management, Contracts Management, Customer Relationship Management, Marketing etc. In those early days of the telecom boom in India, effective policies were lacking and private telecom businesses were faced with several problems. 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. Fulcrum is actively developing Fulcrum NorthPoint at the Essar Stanlow Manufacturing Complex in Cheshire, in the North West of England. Contact ; Transforming Logistics; New Offerings; Ports & Terminals. Such emission reductions are approximately 70% and have the future potential to be fully carbon neutral. Pleasanton, CA 94588. 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. This is a massive undertaking, but it is a journey we are fully committed to. Stanlow. Work on the refinery began in 1994, and by 1995, the necessary funding was in place. Prior to joining Essar, he was the Vice President and General Counsel at Hindustan Construction Company Ltd. It monitors and manages the entire portfolio of investments owned by EGFL. REUTERS/Phil Noble LONDON, Nov 30 (Reuters) - Essar Oil UK said on Wednesday it planned. It that happened, the refinery would be likely to be taken on by the official receiver, to keep the refinery running. Were primed to lead the national charge in the development of changing energy infrastructure and create the UKs first sustainable energy hub. Apollo in talks with Stanlow refinery owner amid dash for cash Essar is a leading UK-focused downstream energy company whose main asset is the Stanlow Manufacturing Complex, one of the most advanced refineries in Europe situated close to the major cities of Liverpool and Manchester. Located between Manchester and Liverpool on the west coast of the United Kingdom, Stanlow is connected to sea freight routes that extend globally, and are served by a host of international shipping lines such as ACL, MSC and NYK. Mumbai Essar Essar House 11, Keshavrao Khadye Marg Mahalaxmi Mumbai 400 034 Maharashtra, India Tel. Box 2260 Tempe, Arizona 85280-2260 For all other mailing needs: ASU Foundation P.O. The Essar Group was established by Mr. Shashi Ruia and Mr. Ravi Ruia in 1969, in South India. He is responsible for capital raising, financial performance improvement, risk monitoring and corporate banking for Infrastructure. Independently, Essar had acquired licenses in seven circles where Hutchison Essar did not have operations, and in four circles of BPL. Well do this through a combination of our unique geographical location, decades of experience and a passion for a greener, cleaner planet. Refinery workers refuse to deal with ship carrying Russian oil Essar is investing to make our refinery at Stanlow, the UKs first low carbon refinery. 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. The steel generation capacity at the Hazira plant was raised from 2 MTPA to 2.4 MTPA through de-bottlenecking. He was chairman and chief executive of J&K Bank for five years. The FRNs were due for refinancing in 1999, the year that marked the end of the five-year term. . Essar was founded in 1969 by his father, Shashi Ruia and uncle Ravi Ruia. When commercial production began in 1996, this had fallen to USD 380 per tonne. The takeover of SCGL has enabled Essar to widen its product base and cater to a larger segment of industries. She has more than 23 years of experience in Human Resources, having worked across industries like Manufacturing, Pharma, IT and Retail. With over 15 years of experience in diverse fields including media & publishing, corporate communications. 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. Rahul Taneja is the Managing Director, Human Capital at Essar Capital. Essar Energy. Subsequent to the HyGrade takeover, the pellet making capacity was enhanced to 8 MTPA. Having started his career with HPCL, he worked with National Oil Nigeria, Reliance Industries Ltd., TotalFinaELF and Gulf Oil India. His experience spans several sectors including mining and natural resources, telecommunications, business process outsourcing, infrastructure, healthcare and manufacturing. Priya Chakravarty is the Senior Director, HR, at Essar Capital. He was the Chief Executive Officer and Board Member at Essar Oil UK Limited. Prashant has been an integral part of EGFLs operations and management since 1985 and a key driver of the Funds growth, diversification and value creation, both within India and internationally. This debt was refinanced later when the government set up the Power Finance Corporation. His entrepreneurial abilities have enabled the Essar Global portfolio of companies to become one of the leading names in global industry. Vessel handling, product discharge, processing, blending and more, Connectivity Solutions He has held several leadership positions at Adani Group, Larson & Toubro Ltd, Binani Industries Ltd. amongst others. 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. Essar Constructions grew its activities considerably over the years. He has held key leadership positions at YES Bank Ltd. and ICICI Bank Ltd. Further, the company has now returned to Ebitda positive [earnings before interest, taxes, depreciation, and amortisation] and is therefore in a much stronger position to weather the continued challenge presented by the pandemic, it said. With more than 50 years of experience, he guides Essar through transformations, manages operating functions and leads complex projects. 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. 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. In addition to OSVs, it bought Diving Support Vessels and Multi Support Vessels. At Stanlow Terminals, we pride ourselves on being flexible to our customers needs, with a market leading storage offering. Retrieved 30 March 2012. Our DNA is to invest with spirit of an entrepreneur, build assets with the passion of an owner and manage businesses with the discipline of a professional. The remainder of our products leave via the Manchester Ship canal, The energy recovery plant processes both liquid and solid waste and is capable of generating 350 tonnes of steam every day for refinery use, Products manufactured by chemicals produced at Stanlow are used in the manufacture offoams for furniture and bedding, artificial sports tracks, ski suits and waterproof leisure wear. In this way, the share of value-added products increased from 35 percent to 70 percent of total production. Essar Site. Essar teamed up with Brown & Root of USA in laying an under-sea pipeline from the offshore Bassein gas field to Hazira. Essar did not succumb to the pressure.