essar stanlow address

Essar Oil UK is a leading UK-focused downstream energy company whose main asset is the Stanlow Manufacturing Complex, one of the most advanced refineries in Europe and situated close to the major cities of Liverpool and Manchester. 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. Our ambition is to become a leading low carbon refinery. . Both these factors led to a stoppage of work at the refinery, The Mid-2000s: Resurrecting the Essar Oil Refinery. Mumbai Essar Essar House 11, Keshavrao Khadye Marg Mahalaxmi Mumbai 400 034 Maharashtra, India Tel. Sanjay Palve is the Sr. Essar was founded in 1969 by his father, Shashi Ruia and uncle Ravi Ruia. In this way, the share of value-added products increased from 35 percent to 70 percent of total production. Essar also entered the power and telecom sectors as and when they were opened up to private participation. This was not sufficient for the business to achieve and sustain long-term growth. Essar Steel was now a producer of flat steel and joined the select group of Indian companies that produced this commodity. Stanlow. It will also utilise direct pipeline access to pump and transport the SAF to UK airports through the Manchester Jet Line and the UK Oil Pipeline network (UKOP). Over the last five years, EGFL has rebalanced its portfolio by strategically monetising some of the world class assets and businesses built by Essar, which has an entrepreneurial track record of 50 years. 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. In 1999, the government announced a new telecom policy that was more conducive to growth. In addition, Essar Oil UK operates an integrated terminal and marine facility at Stanlow and Tranmere on behalf Stanlow Terminals. Today, the Hazira power plant has two power purchase agreementsone with the Gujarat State Electricity Board and the second with Essar Steel. With 18 years of experience, he has also served as the Senior Vice President, International Projects and Corporate Finance, with Essar Services. He has over 25 years of work experience in the field of M&A and Transactions. Jatinder Mehra is the Vice Chairman & Operating Partner of Essar Capital. 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. 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. Phone. Contact information for Essar companies in India and worldwide . As a result of that work over the past few months, EOUK has $1.1bn [800m] in liquidity secured. The company's spirited involvement in community service . He has held several leadership positions at Adani Group, Larson & Toubro Ltd, Binani Industries Ltd. amongst others. Essar Constructions executed pipe laying contracts for all the major oil companies in India, and drinking water pipelines in Gujarat, Tamilnadu and Rajasthan. Six business areas in the core sectorConstruction, Shipping, Steel, Power, Oil & Gas, and Telecommunicationswere identified as growth drivers for the Group. Previously Group Director at Gulf Petrochem, he is an oil and gas professional with around 35 years of experience in sales, marketing and trading of petroleum products in India, the Middle East and Nigeria with Public Sector Undertakings, Multi-National Companies and private sector companies. Even during the downturn in the shipping industry, Essar Shipping registered profits. as panic buying hits forecourts across the country. As the world comes together to develop innovative ways of generating sustainable energy the supporting storage and transportation infrastructure needs to evolve. He has led natural resources sector businesses for major investment banks globally. Investing in an end-to-end logistics infrastructure. With over 30 years of experience in operational leadership, investment management and business growth across diverse sectors, Srinivasan provides critical evaluation on current and future capital investments. Low carbon hydrogen will be produced at the Stanlow Manufacturing Complex located in Ellesmere Port, Cheshire. [email protected] . 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. and more than 70 percent of its shipping revenues came from international operations. He was chairman and chief executive of J&K Bank for five years. 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. Most Recent Shipment: 04/07/2022 (Database Updated . So Essar set up steel manufacturing facilities at Hazira with the objective of gaining value addition. Essar braced itself for the oncoming challenge. The Stanlow project, named Fulcrum NorthPoint, will create 800 direct and indirect jobs during the design, build and commissioning process and over 100 permanent jobs during its operation. He is a seasoned professional with over 27 years of experience, including 23 years in international investment banking & private equity. In her earlier stint with Essar, Priya has worked at Senior Management roles, initially with Essar Oil and then as Head International HR (Corporate HR). 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. The Late 1980s: Foray into core sector manufacturing. 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. In order to improve the efficiency, Essar Steel bought Stemcors 51 percent stake in HyGrade Pellets Limited, the pellet making venture of Essar. exploration & productionand downstream, into refining. A slew of projects in each of these businesses were initiated in the 1990s when the Indian economy was booming. Mr Sogani helps manage Essar Capital investments in the portfolio companies of metals & mining sector. Essar wanted to buy out Hutchisons stake and tied up a line of credit of over USD 11 billion. Simultaneously, global steel prices started tumbling and reached a historic low of USD 180 per tonne. 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. Pleasanton, CA 94588. The company is a major supplier in the North West and beyond, with customers including most of the major retail brands operated by international oil . Essar replaced Swiss PTT with Hutchison as partner. Essar Energy, which owns the Stanlow. You may not use any information obtained from Intelius for any purpose covered by the FCRA. Mr Rajiv Gujjalu serves as Director Essar Global Fund Limited (EGFL). It also complements the announcement last month regarding a blue hydrogen development at Stanlow as part of the HyNet project. He is responsible for capital raising, financial performance improvement, risk monitoring and corporate banking. The combined cycle power plant was state-of-the-art and was capable of using multi fuel with technology from General Electric, Hanjung and Siemens. When the power sector was opened up for private participation, Essar was one of the first companies to enter the fray. All Rights Reserved. The steel generation capacity at the Hazira plant was raised from 2 MTPA to 2.4 MTPA through de-bottlenecking. He has over 28 years of experience in investment banking, private equity, audit and investment in a variety of institutions including KPMG and UBS Warburg. 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. He joined Burmah Shell in 1957, also known as Bharat Petroleum Corporation Ltd after it was nationalised, and retired from it as director marketing. Physical location: 777 Novus, Suite 310AA, Tempe, AZ 85287-4308 Building: Novus Tower, Tempe Campus Mailing address: P.O. Essar Energy enters into agreement to buy Royal Dutch Shell's Stanlow refinery for US$350 million. 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. Thus Essar was able to build one of the most valuable telecom companies in the world. Object reference not set to an instance of an object. Contact ; Transforming Logistics; New Offerings; Ports & Terminals. A fleet of 13 onshore rigs and a semi-submersible rig were deployed with clients in India and abroad. The FRNs were due for refinancing in 1999, the year that marked the end of the five-year term. 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. Essar and the + device are registered trademarks of the Rising Groups Limited, an Essar Group company. This prompted Essar to start manufacturing sponge iron. The ambitious plan sets firm foundations to accelerate the UK's path to net zero while transforming the economy, boosting employment and delivering growth. It monitors and manages the entire portfolio of investments owned by EGFL. 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. In the early 1980s, when the government opened up the ownership and operation of Offshore Supply Vessels (OSV) to private Indian companies, Essar was one of the first to enter the fray. Similarly, Essar Bulk Terminal was set up to create bulk terminal facilities at Hazira and other ports. The company began its operations with the construction of an outer breakwater in Chennai port, an order worth Rs 2.5 crore. He is a strong business development professional with a Mechanical Engineering Degree from Aligarh Muslim University. Essar teamed up with Brown & Root of USA in laying an under-sea pipeline from the offshore Bassein gas field to Hazira. Stanlow is a key strategic national asset, annually producing over 16% of the UK's road transport fuels, while playing an important part in Britain's petrochemical industry by providing key feedstocks. Contact ; Transforming Logistics; New Offerings; Ports & Terminals. The Stanlow refinery supplies about a sixth of the UKs road fuel. This debt was refinanced later when the government set up the Power Finance Corporation. 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. Andrew Wright is the Managing Director, Legal, at Essar Capital. 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). The Stanlow oil refinery supplies about a sixth of Britains road fuel, and is owned by the billionaire brothers Shashi and Ravi Ruia, through their company Essar Oil UK. India in those days had secondary steel makers who used imported scrap to produce steel. 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. If approved, construction work is scheduled to begin on site by the end of 2022, with hydrogen production set to commence by the mid-2020s. 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. 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. Essar merged these circles into Hutchison Essar to create a telecom major. Stanlow also plays an important part in Britains petrochemical industry, providing feedstocks such as toluene, propylene and ethylbenzene. Rakesh Kankanala is the Managing Director, Managing Director, M&A, Infrastructure, of Essar Capital. These include the construction of two new low carbon hydrogen production units on site as part of HyNet, with a planned total investment of 1 billon. Managing Director, Finance, Infra, Tech & Retail, at Essar Capital. Mumbai - 400034 He joined Essar as CEO Retail in the year 2010. Work on the refinery was progressing as per schedule till the first quarter of 1998. Essar Global Fund invests, builds and nurtures a portfolio of world-class companies through Essar Capital, its investment manager. 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. For cheapest and greenest transportation of your products, Beyond Storage EGFL has a globally benchmarked robust risk and regulatory framework. All these projects helped transform Essar Constructions into a leading EPC contractor. Purchasing and Supplier Management (PSM) enquiry, 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. As Fulcrum's first facility in the United Kingdom, NorthPoint will be located at the Essar Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. Acting as director of several client companies, Rajiv is a Fellow member of the Mauritius Institute of Directors since 2012. He also ensures the successful delivery of the organisations corporate and business plans and desired outcomes. The 1980s: Supporting Indias nascent exploration sector. Raj Varma is an Advisor, at 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. Ensuring your bulk liquid products reach their destinations with ease. Essar Ports is both a people-driven and people-centric organisation. 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. Managing Director, Finance, Infrastructure, Technology & Retail, Managing Director, Business Development, Metals & Mining, Download Corporate Film(Extended Version). At that price, steel plant operations were simply unsustainable. The Manchester Ship Canal that connects Liverpool to Manchester also provides further hinterland water connection to North West UK. Shashi Ruia began his career in the family business in 1965 under the guidance of his father, the late Nand Kishore Ruia. Prior to joining Essar, he has worked with Caf Coffee Day and UB Spirits. 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. Prashant holds key positions on several prestigious regulatory and professional boards. Prior to Essar, he was the CEO & Executive Director of Hero Future Energies Pvt Ltd. 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. Mr Deepak Sogani joined ESSAR in August 2020 as Managing Director Finance, Essar Capital, the investment manager for Essar Global Fund Limited (EGFL). . After achieving success and recognition in India, the Company was now poised to venture overseas. He is responsible for investigation, analysis and assessment of risk, and accordingly design and implement strategies and processes which mitigate these threats. Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. Essar is investing to make our refinery at Stanlow, the UK's first low carbon refinery. 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 Contact Us. He holds a BA (Hons) in Economics and a Masters in Investment and Finance. Being one of the low-cost steel producers, Essar managed to make operating profits. [1] www.essaroil.co.uk/news/uks-first-refinery-based-hydrogen-furnace-arrives-at-essar/. 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. 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. Name Address Address(maps) LinkedIn Alibaba AliExpress Global Sources Want to send an RFI or RFQ to this supplier? Our latest List Price, effective from 2nd March, for Ex Rack sales is as follows. He has been a key member of several industry committees like Confederation of Indian Industries, Federation of Indian Commerce Industries, The Associated Chamber of Commerce & Industry of India and SUPERBRANDS for several years. [email protected] and 07805 854169, Jeff Ovens, Managing Director, UK & Europe, [email protected] and 07399 472 650. Last month Essar Oil UK announced its participation in the production of blue hydrogen under the HyNet project. Essar Constructions grew its activities considerably over the years. Sponge iron generation capacity was also increased to 5.5 MTPA. Crude oil is supplied to the refinery via a 15 mile pipeline from the companys Tranmere facility further downstream in the Mersey Estuary. Stanlow has a highly efficient distribution capability for refined end products: Essar Oil UK remains the lowest cost supplier into the North West and is highly competitive in supplying adjacent markets. Eventually, the loan was sanctioned, with a repayment structure that was unique for its time. At Hazira, a deep draft berth and shipping channel was constructed to enhance the cargo handling capacity by bringing larger vessels alongside the berth. Vikash Saraf is the non-executive director of Essar Capital. 11, K.K. Work on the refinery began in 1994, and by 1995, the necessary funding was in place. Essar followed up this success, by setting up a pellet plant in Visakhapatnam as part of its backward integration strategy. 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. Email address: [email protected] / [email protected] Phone: 480-965-7682 Location: Advising offices are located in 777 Novus, Suite . He has also led digitalisation initiative in GRC space and was instrumental in running technology-based solution around enterprise risk, compliance risk, license management and document repository systems. CH65 4BD, United Kingdom, UKs Largest This arrangement was made for two principal reasons: One, Indian financial institutions were not in a position to lend for a longer term; two, raising foreign currency debt beyond five years was not permitted at that time. 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 Ports Limited Essar House, 11, K.K. And in February, Essar announced it has joined forces with Fulcrum BioEnergy and Essar's subsidiary company Stanlow Terminals to create a new 600m facility which will convert non-recyclable. Vertex Hydrogen is a joint venture between Essar Oil UK and Progressive Energy. Worse was to follow. With over 15 years of experience in diverse fields including media & publishing, corporate communications. Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. Michelle Lewis, Corporate Affairs Director, Essar: [email protected] / 07805 854169, Peter Ogden, Powerscourt: [email protected] / 07793 858 211. An MBA from IIM Lucknow, Rakesh is a qualified Engineer from NIT, and brings with him 13 years of experience. Independently, Essar had acquired licenses in seven circles where Hutchison Essar did not have operations, and in four circles of BPL. The sponge iron plant, initially set up with a capacity of 0.88 million tonne per annum (MTPA), was expanded to produce 1.32 MTPA. He established PetroFina in India and was part of the team that launched Gulf Oil in India post opening up of the market. In addition to OSVs, it bought Diving Support Vessels and Multi Support Vessels. Essar Group is to invest $3.6bn developing low-carbon energy in the UK and India under the newly formed Essar Energy Transition (EET). He has played an integral role in many landmark private equity transactions and has also managed many regional and global private equity funds. . However, Swiss PTT wanted to shut shop as part of its strategy to exit all Asian operations. Email. Earlier this year, it announced its participation in production of blue hydrogen under the HyNet project. Sunil is also the President of Wind Independent Power Producers Association. 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. epl.secretarial . With over 27 years of work experience in diverse industries ranging from Manufacturing (Metals, Mining & Power Generation) to Services sectors (Commercial Airline and Technology, inclusive of Business Process Outsourcing sectors), he provides strategic direction to the management of the Mesabi Portfolio. The promoters could foresee the demand, a vision that paid rich dividends. With more than 50 years of experience, he guides Essar through transformations, manages operating functions and leads complex projects. Unite general secretary Sharon Graham said: "Unite has contacted Essar who operate the Stanlow Oil Refinery to inform the company that due to the ongoing conflict in Ukraine, Unite workers at . Dockers at Stanlow refinery in Cheshire have refused to unload a shipment of Russian oil. He has worked as an Economic Advisor, and the principal economic policy maker at the state level for seven years. Essar Oil UK said Stanlow was operating as normal during the current fuel crisis, and supplying fuel to north-west petrol stations as normal, as panic buying hits forecourts across the country. 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. Essar is investing over 1 billion into a range of energy efficiency, fuel-switching, and carbon capture initiatives, designed to decarbonise its production processes significantly by 2030 and put Essar at the forefront of the UKs shift to low carbon energy. . The sponge iron plant became a hugely successful venture. His entrepreneurial abilities have enabled the Essar Global portfolio of companies to become one of the leading names in global industry. The commissioning was completed in October 1997. By continuing to use our website, you agree to our Privacy Policy Accept, Dedicated marine import capability to tankage. Essar Global Fund Limited (EGFL), set up in 2005, invests in building and nurturing assets, and creating value in the core sectors of Energy, Infrastructure & Logistics, Metals & Mining and Technology & Retail. Plant owner. Pleasanton, CA 94588. 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. His academic research paper on Sustainability and Renewable Consumption Obligation has been presented at forums of international repute. Updated: 27 Jan 2022, 06:04 AM IST Subhash Narayan The UK's first low carbon hydrogen facility at Essar Stanlow will sit at the heart. This is a massive undertaking, but it is a journey we are fully committed to. The site directly employs more than 900 people, with an additional 800 on-site contractors and a further 5,000 people working indirectly within the extended value chain, according to Essar Oil UK's website. 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. The company is a major supplier in the North West and beyond with customers including most of the major retail brands operated by international oil companies and supermarkets, Manchester Airport, leading commercial airlines and the regions trains and buses. 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. This led to financial sanctions being imposed on India and Indian companies no longer had access to foreign funds. If you would like a quote for delivery . 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. It also enables the import of large parcels of diesel. Firdose Coovadia is an Advisor, Metals & Mining, at Essar Capital. 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. 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. Fulcrum is currently commissioning the world's first commercial waste-to-transportation fuels plant, located in the United States. But this was not sufficient to meet its debt obligations. He has held key leadership positions at Jindal Steel & Power Ltd, Jet Airways, Essar and Dell international. 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. Essar then acquired licenses for Eastern UP, Rajasthan, Haryana and Punjab. 4900 Hopyard Road All Rights Reserved. Rajiv was awarded the designation of Canadian Investment Manager by the Canadian Securities Institute in 2006. 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. In 2005, when the vessel rates peaked, Essar sold its five Suezmax tankers at the price at which they were bought in 1994.

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