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. Essar Ports Limited Essar Group bets $3.6 billion on decarbonisation in India and UK Essar Energy. 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. Top-lines crashed, while interest rates were at their highest ever (Prime Lending Rates had touched 17 percent). It also complements the announcement last month regarding a blue hydrogen development at Stanlow as part of the HyNet project. 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. It vigorously worked towards restructuring its balance sheet, drawing up a three-pronged strategy to address . As Fulcrum's first facility in the United Kingdom, NorthPoint will be located at the Essar Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. He plays a key role in managing strategic functions of EGFL. 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. Prashant holds key positions on several prestigious regulatory and professional boards. Kingsbury Diesel 121.92 ppl, PU10 114.84 ppl. 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 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. 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 held several leadership positions at Adani Group, Larson & Toubro Ltd, Binani Industries Ltd. amongst others. In addition to OSVs, it bought Diving Support Vessels and Multi Support Vessels. Essar is building assets & creating value in new promising markets right from services to retail in India and internationally. CH65 4BD, United Kingdom, UKs Largest Managing Director, Finance, Metals & Mining. Essar had contracts with Chevron, Exxon-Mobil, Stat Oil, Shell, etc. Essar again grabbed the opportunity and went on to become Indias largest rig operator in the private sector. White Pages - Find People In | Addresses 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. Bespoke sustainable solutions to suit logistics and supply chain requirements. Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. Mr Mehra is involved in various Essar initiatives in areas of Business Strategy, Investments, Corporate Governance, Risk Management and Sustainability. In addition, Essar Oil UK operates an integrated terminal and marine facility at Stanlow and Tranmere on behalf Stanlow Terminals. 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. By 2006, all the circles were under one umbrellaHutchison Essar Limited. 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. Stanlow also plays an important part in Britains petrochemical industry, providing feedstocks such as toluene, propylene and ethylbenzene. Stanlow Manufacturing Complex, They primarily export from United States with 17 shipments . Jatinder Mehra is the Vice Chairman & Operating Partner of Essar Capital. He also ensures the successful delivery of the organisations corporate and business plans and desired outcomes. His entrepreneurial abilities have enabled the Essar Global portfolio of companies to become one of the leading names in global industry. Alok Gupta is the Operating Partner, Technology & Retail, at Essar Capital. But this was not sufficient to meet its debt obligations. Regular ferry services connect Stanlow from Liverpool and Holyhead to Ireland, Isle of Man, Northern Ireland and northern Spain. Refinery workers refuse to deal with ship carrying Russian oil Essar began the process of refinancing one year in advance, in May 1998. 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 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. 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. Maharashtra, India, Copyright 2021 All rights reserved In this way, the share of value-added products increased from 35 percent to 70 percent of total production. Hazira was also the land fall point for gas from the Bassein gas field in Bombay High. 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. 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. Name Address Address(maps) LinkedIn Alibaba AliExpress Global Sources Want to send an RFI or RFQ to this supplier? If you would like a quote for delivery . B.C. The Essar Group was established by Mr. Shashi Ruia and Mr. Ravi Ruia in 1969, in South India. An MBA from IIM Lucknow, Rakesh is a qualified Engineer from NIT, and brings with him 13 years of experience. Fulcrum BioEnergy | Fulcrum and Essar Oil Announce Plans for Sale to Brookfield Asset Management Company, 10 MTPA integrated steel manufacturing complex. Our ambition is to become a leading low carbon refinery. Having completed his law degree from the University of Leeds, United Kingdom, Andrew has over 25 years of rich experience. Essar Oil UK bought the Stanlow refinery at Ellesmere Port from Shell in 2011. 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. The project was funded by Indian financial institutions and the ECB. Pleasanton, CA 94588. Mr Viral Gathani is the Managing Director, Finance, Energy, at Essar Capital. Essar wanted to buy out Hutchisons stake and tied up a line of credit of over USD 11 billion. With 18 years of experience, he has also served as the Senior Vice President, International Projects and Corporate Finance, with Essar Services. ESSAR OIL (UK) LIMITED - Find and update company information 925.730.0150. Now, Essar is all set to team up with the new JV partner Vodafone to take growth to the next level. At the same time, the 8 MTPA iron ore beneficiation plant at Bailadila and the 267-km slurry pipeline were completed. Retrieved 30 March 2012. Being the largest independent means we can move quickly to meet your bulk liquid storage needs, Unique Refinery Access Prior to joining Essar, he has worked with Caf Coffee Day and UB Spirits. 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. M: +44 (0)7805 854 169 E: ian.cotton@essaroil.co.uk . Correspondence address The Administration Building, 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB . With over 15 years of experience in diverse fields including media & publishing, corporate communications. The joint venture company then went about consolidating operations and acquiring various telecom circles. Essar is investing to make our refinery at Stanlow, the UKs first low carbon refinery. epl.secretarial . 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. So Essar set up steel manufacturing facilities at Hazira with the objective of gaining value addition. In 2005, when the vessel rates peaked, Essar sold its five Suezmax tankers at the price at which they were bought in 1994. NEW DELHI: The Essar group on Monday announced a USD 3.6 billion investment in low carbon energy transition projects in the UK and India including the production of green hydrogen and ammonia. 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. Pleasanton, CA 94588. He established PetroFina in India and was part of the team that launched Gulf Oil in India post opening up of the market. Prior to Essar, he was the CEO & Executive Director of Hero Future Energies Pvt Ltd. Gifts and Donations to: ASU Foundation Attn:Financial Services P.O. Fulcrum is currently commissioning the world's first commercial waste-to-transportation fuels plant, located in the United States. The Stanlow refinery supplies about a sixth of the UKs road fuel. 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. During the period of stoppage, Essar had wisely planned for technology upgrades. Eventually, the loan was sanctioned, with a repayment structure that was unique for its time. Box 2260 Tempe, Arizona 85280-2260 For all other mailing needs: ASU Foundation P.O. 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. Production started in November 2006 with a capacity of 7.5 MTPA. In order to improve the efficiency, Essar Steel bought Stemcors 51 percent stake in HyGrade Pellets Limited, the pellet making venture of Essar. Dockers at Stanlow refinery in Cheshire have refused to unload a shipment of Russian oil. When commercial production began in 1996, this had fallen to USD 380 per tonne. 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. Prashant is part of the second generation of the Ruia family that founded Essar. 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. ian.cotton@essaroil.co.uk and 07805 854169, Jeff Ovens, Managing Director, UK & Europe, jovens@fulcrum-bioenergy.com and 07399 472 650. Rajiv was awarded the designation of Canadian Investment Manager by the Canadian Securities Institute in 2006. Investing in an end-to-end logistics infrastructure. Managing Director, Finance, Infrastructure, Technology & Retail, Managing Director, Business Development, Metals & Mining, Download Corporate Film(Extended Version). 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 . 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. The takeover of SCGL has enabled Essar to widen its product base and cater to a larger segment of industries. Essar followed up this success, by setting up a pellet plant in Visakhapatnam as part of its backward integration strategy. Most Recent Shipment: 04/07/2022 (Database Updated . Similarly, Essar Bulk Terminal was set up to create bulk terminal facilities at Hazira and other ports. He joined Essar in early 2000 and has played a key role on strategic investments of Essar in core economy and infrastructure sectors. Shashi Ruia began his career in the family business in 1965 under the guidance of his father, the late Nand Kishore Ruia. He has a strong professional record in streamlining litigation, M&A, turnkey contract management, IPR, project financing, international arbitration and compliance support. 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. E-Telequest, Inc | Tempe, Arizona | Essar G. Ltd All of its portfolio companies share the Funds ESG centric value system, reflecting the philosophy of placing people before profit. Andrew Wright is the Managing Director, Legal, at Essar Capital. Thangapandian Srinivasalu currently serves as the Advisor for investments in the Energy sector at Essar Capital. Last month Essar Oil UK announced its participation in the production of blue hydrogen under the HyNet project. 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 . Currently, he heads the country operations of Afrocentric Group in Mauritius and is the Managing Director of Medscheme International. Registered office address The Administration Building 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB Company status Active Company type Private limited Company. Essar Site Earlier on he has worked with TCS in the beginning of his career. Located near Ellesmere Port in north west England, the Stanlow refinery is the second largest in the UK. Essar to make 1.98bn energy transition investment | Zenoot Stanlow Terminals Limited 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. Object reference not set to an instance of an object. Left with no option, Essar was forced to default on the FRN loan, despite having made concrete plans for refinancing. Even during the downturn in the shipping industry, Essar Shipping registered profits. 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. Essar Ports The company began its operations with the construction of an outer breakwater in Chennai port, an order worth Rs 2.5 crore. He Joined Essar in 1997 as COO in Essar Telecom and was the Executive Director of Essar Shipping Limited from 1998-2002. Intelius reports cannot be used for background checks related to consumer credit, insurance, employment, housing or any other purpose prohibited under the FCRA. Vertex's low carbon hydrogen production plant will be a core part of the HyNet low carbon cluster. Fulcrum is actively developing Fulcrum NorthPoint at the Essar Stanlow Manufacturing Complex in Cheshire, in the North West of England. 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. 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. 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. He was appointed as MD & CEO of Essar Shipping, Ports & Logistics Limited in 2010. The experience in contract drilling prompted the Group to venture into the upstream in the Oil sectori.e. In September, EOUK announced it had signed a Heads of Terms offtake agreement with Vertex, a joint venture with Progressive Energy, for the supply of 280MW+ of hydrogen. By continuing to use our website, you agree to our Privacy Policy Accept, Dedicated marine import capability to tankage. Prior to this, he was a partner with KPMGs risk consulting practice focusing on enterprise and compliance risk management, partnering with leading multinational companies in areas of GRC in India, North America and Middle East. The Manchester Ship Canal that connects Liverpool to Manchester also provides further hinterland water connection to North West UK. Haseeb Drabu is an economist with over 30 years of experience with diverse skill-sets and wide-ranging experience as a lawmaker, policy planner, banker and an economic commentator. Srinivasan Vaidyanathan is the Operating Partner, Technology & Retail, at Essar Capital. info@fulcrum-bioenergy.com . The steel generation capacity at the Hazira plant was raised from 2 MTPA to 2.4 MTPA through de-bottlenecking. 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. At Hazira, a deep draft berth and shipping channel was constructed to enhance the cargo handling capacity by bringing larger vessels alongside the berth. An oil giant has announced plans to invest 1.9bn in Stanlow oil refinery in Cheshire, including establishing a plant to supply industrial hydrogen. Workers at Stanlow oil refinery refuse to unload cargo of Russian oil Mahalaxmi, Plant owner. Essar negotiated with the FRN holders for a one-time settlement and refinanced its entire rupee debt at a lower cost. Just before the issue was launched, India tested the nuclear bomb at Pokhran. Essar continues to be the largest Indian exporter of flat steel. 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. 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. REUTERS/Phil Noble LONDON, Nov 30 (Reuters) - Essar Oil UK said on Wednesday it planned. Sanjay is a seasoned professional with more than 22 years of stellar experience in building and leading large financial businesses across wholesale and retail segments. Six business areas in the core sectorConstruction, Shipping, Steel, Power, Oil & Gas, and Telecommunicationswere identified as growth drivers for the Group. 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. Earlier this year, it announced its participation in production of blue hydrogen under the HyNet project. Essar did not succumb to the pressure. As the world comes together to develop innovative ways of generating sustainable energy the supporting storage and transportation infrastructure needs to evolve. 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. Managing Director, Finance, Infra, Tech & Retail. 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. Contact Us | ASU Foundation The only alternative to scrap was sponge iron, but there were no sponge iron manufacturers on the west coast of India despite a large number of users. There was an FCCB (Foreign Currency Convertible Bonds) component that needed to be raised abroad in the latter half of 1998. A fleet of 13 onshore rigs and a semi-submersible rig were deployed with clients in India and abroad. Stanlow | Essar Oil Uk Stanlow. 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. Essar Logistics took care of the movement of cargo, generated by Essar Steel and Essar Oil, by road. The Fulcrum venture will complement Essar's wider plans to build a green energy industrial cluster at the Stanlow site. However, Swiss PTT wanted to shut shop as part of its strategy to exit all Asian operations. Ravi Ruia belongs to the generation of industrialists who have played a significant role in leading Indias industrial renaissance. Contact Us. Managing Director, Finance, Infra, Tech & Retail, at Essar Capital. All these measures have made Essar Steel, the largest integrated steel producer on Indias west coast and one of the largest producers of flat steel in the country. Unlike other fuel technologies currently being considered by industry, the use of SAF does not require changes to aircraft, engines, or airport infrastructure. The aim was to build a diverse fleet that could help hedge any downturns in the business. After achieving success and recognition in India, the Company was now poised to venture overseas. He started his career with Escorts Limited where he worked and grew through various roles of operations and business development. . It invested in relevant logistics assets. Stanlow Diesel 121.87 ppl, PU10 114.81 ppl. Independently, Essar had acquired licenses in seven circles where Hutchison Essar did not have operations, and in four circles of BPL. Essar Ports is both a people-driven and people-centric organisation. Tempe, Arizona white page directory listings include full name, phone number and address. Essar Constructions executed pipe laying contracts for all the major oil companies in India, and drinking water pipelines in Gujarat, Tamilnadu and Rajasthan. Copyright 2023 Essar. Essar Energy, which owns the Stanlow. Essar has invested in a portfolio of world-class companies across sectors and geographies. In this business, too, Essar kept refinancing the debt to reduce finance costs. Essar is already making rapid progress against its broader decarbonisation targets. 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 still owes 223m, and was reportedly due to start repayments this week. 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 Oil UK is committed to helping drive the UK's decarbonisation strategy. Strategic investments in setting up world-class facilities in Steel, Power, Ports, Oil and Gas. Suite 220 This is equivalent to the domestic heating energy used by a major British city region, such as Liverpool. EGFL has a globally benchmarked robust risk and regulatory framework. Prior to joining Essar Capital, he lead several reputed public sector and private steel companies, including Steel Authority of India Limited and Rashtriya Ispat Nigam Limited as their Chairman and Managing Director.
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