Crude oil is supplied to the refinery via a 15 mile pipeline from the companys Tranmere facility further downstream in the Mersey Estuary. 20 August 2011. Fears for future of Stanlow oil refinery amid urgent financing talks India in those days had secondary steel makers who used imported scrap to produce steel. Being one of the low-cost steel producers, Essar managed to make operating profits. Essar G. Ltd is the primary contact at E-Telequest, Inc. E-Telequest, Inc generates approximately USD 13,100,000.00 in revenue annually, and employs around 300 people at this location. 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. Essar also reentered the contract drilling services business after a hiatus of three years. Low carbon project at Stanlow secures Government backing - Essar Contact ; Transforming Logistics; New Offerings; Ports & Terminals. All companies under the TTP have been given until January 2022 to meet their commitments. Marg, Mahalaxmi, Mumbai - 400034 Maharashtra, India. Prior to joining Essar, he was associated with EY as a Partner for 11 years. Legal Disclaimer and Terms and Conditions of Usage, This website uses cookies or similar technologies, to enhance your browsing experience and provide personalized recommendations. The majority of the investment - across a range of hydrogen production technologies, decarbonisation, biofuels and infrastructure projects - will be at its Stanlow site ($2.4bn), with the balance in India. 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. Stanlow also plays an important part in Britains petrochemical industry, providing feedstocks such as toluene, propylene and ethylbenzene. Currently, he heads the country operations of Afrocentric Group in Mauritius and is the Managing Director of Medscheme International. Now, Essar is all set to team up with the new JV partner Vodafone to take growth to the next level. 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. Essar Oil UK to build 360 million carbon capture facility to deliver Kingsbury Diesel 121.92 ppl, PU10 114.84 ppl. Essar Stanlow - Standlow Manufacturing Complex Ellesmore Port When the power sector was opened up for private participation, Essar was one of the first companies to enter the fray. He joined Essar in early 2000 and has played a key role on strategic investments of Essar in core economy and infrastructure sectors. A general view of Essar Oil UK's Stanlow oil refinery near Ellesmere Port, Britain, September 27, 2021. School of Social Transformation. Essar Oil UK Contact us Contact us How can we help you? An MBA from IIM Lucknow, Rakesh is a qualified Engineer from NIT, and brings with him 13 years of experience. Work on the refinery began in 1994, and by 1995, the necessary funding was in place. 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. However, Swiss PTT wanted to shut shop as part of its strategy to exit all Asian operations. In addition, SAF produced at the site offers a 90% reduction in particulates, which may benefit local air quality in and around airports. Contact us - Essar Contact Us | ASU Foundation This was a time when the movement of petroleum products along the Indian coast was the monopoly of foreign-flag vessels, and no shipping companies in India would venture into this business as it was considered risky and involved the management of advanced technology. The plant has a high availability factor of 99 percent. The energy industry is changing. The power plant was originally conceived to cater to Essar Steels requirements, but was later converted to an independent producer with a capacity of 515 MW. Gifts and Donations to: ASU Foundation Attn:Financial Services P.O. But this was not sufficient to meet its debt obligations. In 2005, when the government came out with the unified licensing scheme, the JV started merging all the telecom circles. Sale to Brookfield Asset Management Company, 10 MTPA integrated steel manufacturing complex. 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. Prior to joining Essar, he was the Vice President and General Counsel at Hindustan Construction Company Ltd. Essars Indian lenders refused to bail the company out. India Salaya Vizag Stanlow. 925.730.0150. The joint venture company then went about consolidating operations and acquiring various telecom circles. The company began its operations with the construction of an outer breakwater in Chennai port, an order worth Rs 2.5 crore. It vigorously worked towards restructuring its balance sheet, drawing up a three-pronged strategy to address the issue: Increase capacity, move to value-added segments and bring down finance costs. 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. Later, it went on to buy a specialized pipe-laying barge to undertake this kind of activity. Essar to Invest $1 Billion into Two Blue Hydrogen Plants in the U.K. At Hazira, a deep draft berth and shipping channel was constructed to enhance the cargo handling capacity by bringing larger vessels alongside the berth. Box 874308 Main phone: 480-965-7682 Fax: 480-965-9199 Undergraduate & Graduate Advising. Essar bought Stanlow in 2011 An oil giant has announced plans to invest 1.9bn in Stanlow oil refinery in Cheshire, including establishing a plant to supply industrial hydrogen. Firdose has extensive experience in emerging markets, having been involved in advising governments, parastatals and companies in Africa, India, Europe and the Middle East. Essar and the + device are registered trademarks of the Rising Groups Limited, an Essar Group company. Inside the Plant At a Glance. Since 2010, some of the pioneering investments were proactively monetised for an enterprise value of US$ 40 bn through large transactions with foreign and Indian entities. Following this maiden contract, Essar bagged projects at every major port in the country, including Tuticorin, Mangalore, Goa, Kakinada and Nhava-Sheva in Mumbai. In early 2005, Essar restructured the balance sheet and work resumed with renewed vigor on completing the refinery project. 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. Essar again grabbed the opportunity and went on to become Indias largest rig operator in the private sector. Media contact. Name Address Address(maps) LinkedIn Alibaba AliExpress Global Sources Want to send an RFI or RFQ to this supplier? Vertex is developing the first large scale, low carbon hydrogen production hub in the UK, as part of the HyNet cluster (www.hynet.co.uk). He joined Essar as CEO Retail in the year 2010. He established PetroFina in India and was part of the team that launched Gulf Oil in India post opening up of the market. Managing Director, Finance, Metals & Mining. Stanlow Terminals to provide storage for UK SAF plant In the second quarter, a devastating cyclone hit the western coast of India damaging several structures in the refinery site. info@fulcrum-bioenergy.com . His experience spans several sectors including mining and natural resources, telecommunications, business process outsourcing, infrastructure, healthcare and manufacturing. Essar also entered the power and telecom sectors as and when they were opened up to private participation. Worse was to follow. He brings with him 39 years of experience, and has extensive experience in the renewable energy sector. Essar launches EET to invest US$3.6 billion in energy transition in the 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. It monitors and manages the entire portfolio of investments owned by EGFL. Srinivasan Vaidyanathan is the Operating Partner, Technology & Retail, at Essar Capital. Pleasanton, CA 94588. Stanlow Terminals Limited Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4BD United Kingdom . Bespoke sustainable solutions to suit logistics and supply chain requirements. He Joined Essar in 1997 as COO in Essar Telecom and was the Executive Director of Essar Shipping Limited from 1998-2002. He plays a key role in managing strategic functions of EGFL. We unlock trapped value for energy partners feeling shackled by a lack of innovation and the status quo by maximising our flexible, end-to-end, safe and agile approach to logistics solutions management. Sale included 20 MTPA refinery, retail, port and related infrastructure. ESSAR OIL (UK) LIMITED - Find and update company information 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. Rahul Taneja is the Managing Director, Human Capital at Essar Capital. Essar to invest USD 3.6 billion in energy transition in UK, India Pleasanton, CA 94588. Priya Chakravarty is the Senior Director, HR, at Essar Capital. Essar Oil UK bought the Stanlow refinery at Ellesmere Port from Shell in 2011. 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 epl.secretarial . Essar Group is to invest $3.6bn developing low-carbon energy in the UK and India under the newly formed Essar Energy Transition (EET). Such emission reductions are approximately 70% and have the future potential to be fully carbon neutral. Ellesmere Port, Cheshire, In 1999, the government announced a new telecom policy that was more conducive to growth. The Manchester Ship Canal that connects Liverpool to Manchester also provides further hinterland water connection to North West UK. Contact Us | School of Social Transformation - Arizona State University 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. Mr Mehra is involved in various Essar initiatives in areas of Business Strategy, Investments, Corporate Governance, Risk Management and Sustainability. The Stanlow refinery supplies about a sixth of the UKs road fuel. 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 has over 25 years of work experience in the field of M&A and Transactions. 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 . Stein Ivar Bye, Chief Executive Officer, Essar Oil UK, commented: Stanlow has produced high quality energy products for over 60 years and we intend to remain a key national supplier of energy for the UK into the future. Essar Ports Limited 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. Copyright 2023 Essar. 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. 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. 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 Group to invest $3.6bn in low carbon energy in UK and India Essar to make 1.98bn energy transition investment | Zenoot 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. It owned 11 land rigs, one offshore rig and a drill ship. 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. Having completed his law degree from the University of Leeds, United Kingdom, Andrew has over 25 years of rich experience. Essar Stanlow's top supplier is Refined Technologies with 17 shipments. Regular ferry services connect Stanlow from Liverpool and Holyhead to Ireland, Isle of Man, Northern Ireland and northern Spain. He also has rich experience in leading change management, cultural transformation, organisational redesign and restructuring. As the world comes together to develop innovative ways of generating sustainable energy the supporting storage and transportation infrastructure needs to evolve. 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). Andrew Wright is the Managing Director, Legal, at Essar Capital. 4900 Hopyard Road 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. Raj Varma is an Advisor, at Essar Capital. as panic buying hits forecourts across the country. : +91-22- 66601100 Fax: +91-22-66601809 Write to us : Mumbai Essar Equinox Business Park (Peninsula Techno Park), Off Bandra Kurla 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. 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. Essar braced itself for the oncoming challenge. Essar Energy, which owns the Stanlow. When commercial production began in 1996, this had fallen to USD 380 per tonne. He has held key leadership positions at Jindal Steel & Power Ltd, Jet Airways, Essar and Dell international. Essar had financed the project through a combination of rupee debt and Floating Rate Notes (FRN)both on a five-year tenure. Essar began the process of refinancing one year in advance, in May 1998. 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. 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. Essar is investing to make our refinery at Stanlow, the UK's first low carbon refinery. Together, these initiatives will help diversify the refinery in a greener direction, and help achieve the UK's decarbonisation goals. Object reference not set to an instance of an object. 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. Many steel companies at that time went down under. India Salaya Vizag Stanlow. 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. What started out with an initial investment of USD 800 million had reached a valuation of USD18.8 billion in just six years. EGFL has a globally benchmarked robust risk and regulatory framework. Essar Energy locked in negotiations with HMRC over VAT payment delayed because of pandemic. In addition to outside contracts, it executed all of Essars internal projects. 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. After a fierce round of bidding that involved several corporations, Vodafone bought the Hutchison stake valued at USD 11.5 billion. He is responsible for capital raising, financial performance improvement, risk monitoring and corporate banking. 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. The construction and shipping businesses grew rapidly and Essar gradually established itself as a leading marine and industrial construction company. Suite 220 Prior to Essar, he has worked with Archean Group as Group President, and with SIVA group as CEO for about 15 years. He is a part of the Management Committee of Essar Capital. Jatinder Mehra is the Vice Chairman & Operating Partner of Essar Capital. During the period of stoppage, Essar had wisely planned for technology upgrades. Delivering cleaner/greener energy solutions, Localise the supply chains for the industry, Create logistics network, storage solutions and platforms by leveraging technology, To be the trusted go to technology solution integrator, https://www.essar.com/wp-content/uploads/2021/09/Essar_Corporate_Film.mp4, Provide new environmentally beneficial source of energy in India, Transform Essar Oil UK to become a global benchmark for green refineries, Build a hub for the UKs upcoming hydrogen transformation, Build an energy compliant state-of-the-art steel plant, Provide the lowest cost high grade green iron ore pellet in the United States and India, Enable trade and transport services across the industrial hubs in the west and east coasts of India, Create the largest independent hydrocarbon terminals business in North-West Europe, To architect, deploy, manage and secure the customers IT environment through customised solutions, To integrate intelligent digital networks and platforms, Implementing and managing investments and divestments, Preparing and delivering financial reports of EGFL, Implementing and overseeing appropriate policies and procedures, 1995 First Mover partnership with Hutchison Whampoa and then with Vodafone, Part Sale of Aegis USA Inc. to Teleperformance at $610 million, Sale of 98% stake in Essar Oil to Roseneft, and Trafigura-led consortium. Subsequent to the HyGrade takeover, the pellet making capacity was enhanced to 8 MTPA. He has worked as an Economic Advisor, and the principal economic policy maker at the state level for seven years. 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). 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. . Mahalaxmi, 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. Essar Ports Limited Essar House, 11, K.K. Unite said it had informed the owner of the Ellesmere refinery, India's Essar Group, that its members . Kailash Daultani currently serves as the Managing Director, Treasury and Finance, at Essar Capital. 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. In addition, Essar Oil UK operates an integrated terminal and marine facility at Stanlow and Tranmere on behalf Stanlow Terminals.
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