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 What started out with an initial investment of USD 800 million had reached a valuation of USD18.8 billion in just six years. 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. Essar Capital Limited (Essar Capital) is the investment manager of Essar Global Fund Limited (EGFL). Essar Oil UK to build $430 mln carbon capture facility at Stanlow Essar is already making rapid progress against its broader decarbonisation targets. Legal Disclaimer and Terms and Conditions of Usage, This website uses cookies or similar technologies, to enhance your browsing experience and provide personalized recommendations. Most Recent Shipment: 04/07/2022 (Database Updated . Contact us - Essar Being the largest independent means we can move quickly to meet your bulk liquid storage needs, Unique Refinery Access 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. India Salaya Vizag Stanlow. Subsequent to the HyGrade takeover, the pellet making capacity was enhanced to 8 MTPA. This prompted Essar to start manufacturing sponge iron. Production started in November 2006 with a capacity of 7.5 MTPA. 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. India in those days had secondary steel makers who used imported scrap to produce steel. Priya Chakravarty is the Senior Director, HR, at Essar Capital. 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). He also served as a member on the Boards of Bharat Shell, and was the managing director of Bharat Oman Refineries Ltd. After a brief stint with Reliance Industries as its advisor, Varma joined Essar Oil as its CEO, Marketing, in 1999. Essar JV to build UK's largest hydrogen hub 2 min read . Strategic investments in setting up world-class facilities in Steel, Power, Ports, Oil and Gas. In her last assignment as Chief People Officer Hometown & Ezone, Priya was responsible for driving a transformational HR agenda that focused on organisational culture, building a talent pipeline, and initiating & aligning all people practices to business achievement. His entrepreneurial abilities have enabled the Essar Global portfolio of companies to become one of the leading names in global industry. Managing Director, Finance, Metals & Mining. The sponge iron plant became a hugely successful venture. School of Social Transformation. Having started his career with HPCL, he worked with National Oil Nigeria, Reliance Industries Ltd., TotalFinaELF and Gulf Oil India. Mystery over future of Essar's Stanlow oil refinery - North West 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. Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. Sale to Brookfield Asset Management Company, 10 MTPA integrated steel manufacturing complex. Essar Ports Limited Eventually, the loan was sanctioned, with a repayment structure that was unique for its time. 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. Unite said it had informed the owner of the Ellesmere refinery, India's Essar Group, that its members . He Joined Essar in 1997 as COO in Essar Telecom and was the Executive Director of Essar Shipping Limited from 1998-2002. Essar will achieve its decarbonisations targets through a combination of incremental (energy efficiency and operating improvements) and transformational projects, including the 360 million carbon capture plant announced today, but also as a result of the significant investments Essar is making into hydrogen and biofuels. As a result, while most shipping companies in India were making losses in the 80s, Essar was reaping profits. . Essar Oil UK Contact us Contact us How can we help you? 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). Viral has held key leadership positions at Vedanta Resources Plc, CIMB Securities/ Royal Bank of Scotland, Warburg Pincus, Citigroup, and Credit Suisse. Prashant holds key positions on several prestigious regulatory and professional boards. Top-lines crashed, while interest rates were at their highest ever (Prime Lending Rates had touched 17 percent). 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. Firdose Coovadia is an Advisor, Metals & Mining, at Essar Capital. M: +44 (0)7805 854 169 E: ian.cotton@essaroil.co.uk . 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. 11, K.K. Sunil Jain is the Operating Partner for Energy transitions. Not one to lag behind, Essar seized every opportunity that came its way. Earlier this year, it announced its participation in production of blue hydrogen under the HyNet project. An offering that prides itself in the highest levels of safety to protect our people, your people and the communities we operate in. . Essar also reentered the contract drilling services business after a hiatus of three years. 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. 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. Stanlow Oil Refinery - Wikipedia Until the mid-1980s, Essar was focused on the service sectors of construction and shipping, which were prone to cyclical volatility. About Our Company - Essar The Late 1980s: Foray into core sector manufacturing. Essar Energy, which owns the Stanlow. An MBA from IIM Lucknow, Rakesh is a qualified Engineer from NIT, and brings with him 13 years of experience. The company approached State Bank of India (SBI), a leading public sector bank in India, for a loan. Stanlow, 15th February, 2021. Contact ; Transforming Logistics; New Offerings; Ports & Terminals. 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. Our latest List Price, effective from 2nd March, for Ex Rack sales is as follows. 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. When the power sector was opened up for private participation, Essar was one of the first companies to enter the fray. But the Sunday Times reported that the government was on alert in case Stanlow collapsed, and that it could go into insolvency if it could not raise more funds. 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. He also has rich experience in leading change management, cultural transformation, organisational redesign and restructuring. . 4900 Hopyard Road 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. 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 teamed up with Brown & Root of USA in laying an under-sea pipeline from the offshore Bassein gas field to Hazira. Managing Director, Finance, Infra, Tech & Retail. Essar owned 33% stake in the consolidated entity. In 2005, when the government came out with the unified licensing scheme, the JV started merging all the telecom circles. 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. 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. 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). Essar to Invest $1 Billion into Two Blue Hydrogen Plants in the U.K. We are committed and primed to lead the national charge in the development of a more sustainable energy infrastructure by creating the UKs first eco-friendly energy hub. Badrinath is a seasoned legal professional with over 29 years of core experience in implementing legal policies for corporates in the manufacturing, oil & gas and services sectors. 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. Correspondence address Essar Oil (uk) Limited, Lansdowne House - 2nd Floor East, Berkeley Square, London, England, W1J 6ER . EGFL has a globally benchmarked robust risk and regulatory framework. Vikash Saraf is the non-executive director of Essar Capital. Prior to joining Essar, he was associated with EY as a Partner for 11 years. With Assets Under Management (AUM) of USD 8.2 billion, as on 31 March 2021, and a net asset value of USD 4.4 billion, the current investment portfolio of EGFL is future centric and value accretive. Copyright 2023 Essar. Essar will assist with the blending and supply the new SAF to airlines, with Stanlow Terminals Limited providing product storage and logistics solutions for the project under a long-term agreement. Mumbai - 400034 As the world comes together to develop innovative ways of generating sustainable energy the supporting storage and transportation infrastructure needs to evolve. 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. The development will see Fulcrum, whose parent is based in California, United States, construct, own and operate the plant within Essar's Stanlow Manufacturing Complex in the North West of England. Stanlow: Energy giant Essar unveils 2bn plan for low-carbon plant Essar Group is to invest $3.6bn developing low-carbon energy in the UK and India under the newly formed Essar Energy Transition (EET). 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. Essar did not succumb to the pressure. Were primed to lead the national charge in the development of changing energy infrastructure and create the UKs first sustainable energy hub. His strength lies in leading new business development opportunities and conducting preliminary due diligence and analysis of emergent companies and partners. He is on the Boards of World Steel Association, and the Metals & Mining and Energy industry Committee of the World Economic Forum. Madhu Vuppuluri is the Operating Partner, Metals & Mining, Essar Capital. 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. He is responsible to advise and represent the company for all the legal matters concerning the Energy sector investments and portfolio businesses. Sanjay Palve is the Sr. 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. He joined Essar in early 2000 and has played a key role on strategic investments of Essar in core economy and infrastructure sectors. This was not sufficient for the business to achieve and sustain long-term growth. 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. Bespoke sustainable solutions to suit logistics and supply chain requirements. Pleasanton, CA 94588. Stanlow: Energy giant Essar unveils 2bn plan for low-carbon plant All Rights Reserved. The hydrogen will be used to help decarbonise Essars existing production facilities including the new hydrogen powered furnace [1]which was delivered in August this year. 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. He is an experienced professional and an industry veteran, with 33 years experience with Tata Steel and 11 years with Jindal Steel & Power. 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. Essar continues to be the largest Indian exporter of flat steel. Essar says it is in positive discussions with HMRC for a short extension to its time-to-pay (TTP) arrangement agreed earlier this year, having repaid 547m of the 770m originally deferred. 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. Within 18 months after work resumed, Essar began commissioning the refinery in phases. 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. Worse was to follow. Stanlow oil refinery 'on brink of collapse' as crisis talks continue Prior to being the Managing Director at Essar Capital, Rakesh has been at leadership positions in Essar Ports. Similarly, Essar Bulk Terminal was set up to create bulk terminal facilities at Hazira and other ports. When commercial production began in 1996, this had fallen to USD 380 per tonne. 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. Workers at Stanlow oil refinery refuse to unload cargo of Russian oil Vessel handling, product discharge, processing, blending and more, Connectivity Solutions Essar Energy enters into agreement to buy Royal Dutch Shell's Stanlow refinery for US$350 million. Ellesmere Port, Cheshire, Registered office address The Administration Building 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB Company status Active Company type Private limited Company. . Rahul Taneja is the Managing Director, Human Capital at Essar Capital. All its Suezmax tankers were approved by oil majors, an endorsement that fetches a premium in freight. Essar Oil UK and Fulcrum BioEnergy reveal SAF plant plans Having completed his law degree from the University of Leeds, United Kingdom, Andrew has over 25 years of rich experience. 2023 PeopleConnect, Inc. d/b/a Addresses.com. By offering efficient low carbon logistics solutions to develop third party business we support diversification of the traditional refinery business and become a fundamental part of the UK drive to become carbon neutral. 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. The experience in contract drilling prompted the Group to venture into the upstream in the Oil sectori.e. Essar Logistics took care of the movement of cargo, generated by Essar Steel and Essar Oil, by road. Both these factors led to a stoppage of work at the refinery, The Mid-2000s: Resurrecting the Essar Oil Refinery. 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. Currently, he heads the country operations of Afrocentric Group in Mauritius and is the Managing Director of Medscheme International. Moreover, the quality of scrap was also not always up to the mark. Sunil is also the President of Wind Independent Power Producers Association. Prior to joining Essar Capital, Vikash was an Executive Director and CEO of SSKI Corporate Finance Ltd, a boutique investment bank specialising in infrastructure financing and advisory. Steel: The uncertainties of a cyclical business. Even during the downturn in the shipping industry, Essar Shipping registered profits. It monitors and manages the entire portfolio of investments owned by EGFL. 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. Regular ferry services connect Stanlow from Liverpool and Holyhead to Ireland, Isle of Man, Northern Ireland and northern Spain. He is the former Chairman and Managing Director of state-run natural gas giant GAIL India Ltd and had started his career in Oil and Natural Gas Corporation. He has held several leadership positions at Adani Group, Larson & Toubro Ltd, Binani Industries Ltd. amongst others. 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. 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. At Stanlow Terminals, we pride ourselves on being flexible to our customers' needs, with a market leading storage offering. 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 saw a great opportunity and bought Indias first private tanker in 1976 for around USD 2 million. Tempe, Arizona white page directory listings include full name, phone number and address. At that price, steel plant operations were simply unsustainable. Vice Chairman & Operating Partner, Metals & Mining, Operating Parter, Infrastructure, MD & CEO, Essar Ports, Sr. 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. Fulcrum BioEnergy | Fulcrum and Essar Oil Announce Plans for Mr Mehra is involved in various Essar initiatives in areas of Business Strategy, Investments, Corporate Governance, Risk Management and Sustainability. For Essar's Stanlow Terminals Limited, this is a breakthrough deal to provide dedicated tank capacity for the storage and blending of fuel products from Fulcrum NorthPoint. By using SAF derived from residual domestic household and commercial waste, greenhouse gas emissions are reduced significantly on a lifecycle basis when compared to fuels produced from conventional crude oil. Mumbai Essar Essar House 11, Keshavrao Khadye Marg Mahalaxmi Mumbai 400 034 Maharashtra, India Tel. Suite 220 Marg, Mahalaxmi, Mumbai - 400034 Maharashtra, India. Essar Stanlow's top supplier is Refined Technologies with 17 shipments. Additionally, he is also a member of the India-Indonesia CEOs Forum. Such emission reductions are approximately 70% and have the future potential to be fully carbon neutral. 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. The Essar Group was established by Mr. Shashi Ruia and Mr. Ravi Ruia in 1969, in South India. As a result of that work over the past few months, EOUK has $1.1bn [800m] in liquidity secured. Hazira was also the land fall point for gas from the Bassein gas field in Bombay High. Around this time, Bombay High had just started producing oil, which needed to be transported onshore. In the second quarter, a devastating cyclone hit the western coast of India damaging several structures in the refinery site. 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. It invested in relevant logistics assets. This will be the first Fulcrum plant outside the United States. Copyright 2023 Essar. Essar Ports In 1999, the government announced a new telecom policy that was more conducive to growth. Last month Essar Oil UK announced its participation in the production of blue hydrogen under the HyNet project. 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. Tempe, AZ White Pages. With more than 50 years of experience, he guides Essar through transformations, manages operating functions and leads complex projects. Name Address Address(maps) LinkedIn Alibaba AliExpress Global Sources Want to send an RFI or RFQ to this supplier? Essar Oil UK (EOUK) used the governments pandemic VAT deferral scheme last year, which allowed businesses to delay tax repayments. 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 is responsible for capital raising, financial performance improvement, risk monitoring and corporate banking for Infrastructure. CH65 4BD, United Kingdom, UKs Largest Left with no option, Essar was forced to default on the FRN loan, despite having made concrete plans for refinancing.