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B.C. For cheapest and greenest transportation of your products, Beyond Storage Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. The refinery plays a strategic role in the UK economy, supplying 16% of all road transport fuels. He was the Chief Executive Officer and Board Member at Essar Oil UK Limited. Fulcrum is actively developing Fulcrum NorthPoint at the Essar Stanlow Manufacturing Complex in Cheshire, in the North West of England. Managing Director, Finance, Metals & Mining. REUTERS/Phil Noble LONDON, Nov 30 (Reuters) - Essar Oil UK said on Wednesday it planned. 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. 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. Contact ; Transforming Logistics; New Offerings; Ports & Terminals. 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. He brings with him 39 years of experience, and has extensive experience in the renewable energy sector. Not one to lag behind, Essar seized every opportunity that came its way. M: +44 (0)7805 854 169 E: ian.cotton@essaroil.co.uk . He joined Essar as CEO Retail in the year 2010. Prior to joining Essar, he was the CEO of Religare Finvest Limited (RFL) and the Managing Director of Religare Housing Development Finance Corporation (RHDCL). Regular ferry services connect Stanlow from Liverpool and Holyhead to Ireland, Isle of Man, Northern Ireland and northern Spain. Copyright 2023 Essar. [1] www.essaroil.co.uk/news/uks-first-refinery-based-hydrogen-furnace-arrives-at-essar/. 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. At the same time, the 8 MTPA iron ore beneficiation plant at Bailadila and the 267-km slurry pipeline were completed. 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. In 2012, he was awarded an excellence award for his contribution to renewable energy and sustainability by the Energy and Environment Foundation. The challenge was to select a sector that was an import substitute, with a product that had long-term demand and served a national purpose. Essar began the process of refinancing one year in advance, in May 1998. CH65 4BD, United Kingdom, UKs Largest Essar Oil UK bought the Stanlow refinery at Ellesmere Port from Shell in 2011. Tripathi is the Vice Chairman, Exploration & Production at Essar Capital, and has over 36 years of experience across Operation & Maintenance of Pipelines, Project Management, Contracts Management, Customer Relationship Management, Marketing etc. He established PetroFina in India and was part of the team that launched Gulf Oil in India post opening up of the market. Sale to Brookfield Asset Management Company, 10 MTPA integrated steel manufacturing complex. Managing Director, Finance, Infra, Tech & Retail, at Essar Capital. 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. Mahalaxmi, You may not use any information obtained from Intelius for any purpose covered by the FCRA. 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. 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. Our sights are firmly set on helping to drive the UK's decarbonisation strategy. 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. 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. 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). India Salaya Vizag Stanlow. Prior to Essar, he was the CEO & Executive Director of Hero Future Energies Pvt Ltd. Stanlow, 15th February, 2021. 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. However, Swiss PTT wanted to shut shop as part of its strategy to exit all Asian operations. His strength lies in leading new business development opportunities and conducting preliminary due diligence and analysis of emergent companies and partners. 11, K.K. India Salaya Vizag Stanlow. Work on the refinery was progressing as per schedule till the first quarter of 1998. Vikash is also a member of the Management Committee of Essar Capital. Mr Sogani helps manage Essar Capital investments in the portfolio companies of metals & mining sector. As Fulcrum's first facility in the United Kingdom, NorthPoint will be located at the Essar Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. 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. 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. Essar became the first Indian company to operate in the waters of the Atlantic. 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. Located near Ellesmere Port in north west England, the Stanlow refinery is the second largest in the UK. Stanlow Diesel 121.87 ppl, PU10 114.81 ppl. Ian Cotton, Head of Communications and Community. He is a strong business development professional with a Mechanical Engineering Degree from Aligarh Muslim University. This has improved the quality of the ore and reduced the transportation cost. Contact Us. The company began its operations with the construction of an outer breakwater in Chennai port, an order worth Rs 2.5 crore. Essar Stanlow's top supplier is Refined Technologies with 17 shipments. Tempe, Arizona white page directory listings include full name, phone number and address. With over 15 years of experience in diverse fields including media & publishing, corporate communications. Low carbon hydrogen will be produced at the Stanlow Manufacturing Complex located in Ellesmere Port, Cheshire. 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. His entrepreneurial abilities have enabled the Essar Global portfolio of companies to become one of the leading names in global industry. 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. Essar also reentered the contract drilling services business after a hiatus of three years. All these projects helped transform Essar Constructions into a leading EPC contractor. The Stanlow refinery supplies about a sixth of the UKs road fuel. 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. Our ambition is to become a leading low carbon refinery. In order to improve the efficiency, Essar Steel bought Stemcors 51 percent stake in HyGrade Pellets Limited, the pellet making venture of Essar. This was not sufficient for the business to achieve and sustain long-term growth. He has led natural resources sector businesses for major investment banks globally. 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. However, the recovery from the pandemic has been slower than predicted, the company said, adding that it hopes for a resolution soon. Essar Site. Essar followed up this success, by setting up a pellet plant in Visakhapatnam as part of its backward integration strategy. exploration & productionand downstream, into refining. as panic buying hits forecourts across the country. 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. 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. Production started in November 2006 with a capacity of 7.5 MTPA. 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. Plans for Fulcrum NorthPoint are expected to be complete at the end of this year and subject to planning consent, will be operational in late 2025. Acting as director of several client companies, Rajiv is a Fellow member of the Mauritius Institute of Directors since 2012. 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. In 2005, when the vessel rates peaked, Essar sold its five Suezmax tankers at the price at which they were bought in 1994. 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. Mr Sogani, who was the Group CFO of Jindal Steel & Power Limited, has over 25 years of experience specialising in areas of business and financial management with special focus on strategy, M&A, business/corporate development, business restructuring, corporate finance, capital markets, investor relationship, governance and operations. Simultaneously, global steel prices started tumbling and reached a historic low of USD 180 per tonne. By this time, all of Essars businesses had grown significantly and the time had come for managing each business as an independent company. 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. Dockers at Stanlow refinery in Cheshire have refused to unload a shipment of Russian oil. Such emission reductions are approximately 70% and have the future potential to be fully carbon neutral. This is a massive undertaking, but it is a journey we are fully committed to. Prashant is part of the second generation of the Ruia family that founded Essar. Essar Ports is both a people-driven and people-centric organisation. Investing in an end-to-end logistics infrastructure. Vertex's low carbon hydrogen production plant will be a core part of the HyNet low carbon cluster. 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. All Rights Reserved. Realising the need to be a niche player in the global transportation industry, Essar drew up a plan to be a complete logistics solution provider. Object reference not set to an instance of an object. He was chairman and chief executive of J&K Bank for five years. Even during the downturn in the shipping industry, Essar Shipping registered profits. Try LightSource for your strategic sourcing. Essar did not succumb to the pressure. Tempe, AZ White Pages. However, Essars chosen policy was to get into areas of import substitution, high technology and national importance. Essar subsidiary Stanlow Terminals is to provide storage and logistics services for a new 600 million (687.8 million) sustainable aviation fuel (SAF) plant to be built near Ellesmere Port, UK. Stanlow Oil refinery at Ellesmere Port in northwest England Why you can trust Sky News The owner of the vast Stanlow oil refinery in north-west England is in urgent talks about its future amid concern that it could be nearing collapse. Essar is already making rapid progress against its broader decarbonisation targets. Name Address Address(maps) LinkedIn Alibaba AliExpress Global Sources Want to send an RFI or RFQ to this supplier? Ravi Ruia belongs to the generation of industrialists who have played a significant role in leading Indias industrial renaissance. 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. 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. As the world comes together to develop innovative ways of generating sustainable energy the supporting storage and transportation infrastructure needs to evolve. 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 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. 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 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. He is responsible to advise and represent the company for all the legal matters concerning the Energy sector investments and portfolio businesses. In 2006, Hutchison, too, decided to exit India. Ellesmere Port, Cheshire, 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. 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. 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. One of Essars strengths has been its ability to invest in businesses that have the potential for growth and its strategy to diversify as a hedge against cyclicality. During the period of stoppage, Essar had wisely planned for technology upgrades. Copyright 2023 Essar. 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. Firdose has extensive experience in emerging markets, having been involved in advising governments, parastatals and companies in Africa, India, Europe and the Middle East. Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. When Essar conceived the project, international steel prices were in the region of USD 450 per tonne. He has overseen Essars BPO and Power businesses, Smiti is a self-driven business leader and a true entrepreneur at heart. Vertex Hydrogen is a joint venture between Essar Oil UK and Progressive Energy. Essar and the + device are registered trademarks of the Rising Groups Limited, an Essar Group company. Work also started on expanding capacity from 2.4 MTPA to 4.6 MTPA through brownfield expansion, which requires far less capital than similar greenfield projects The cost of this project was USD 2.64 billion. Essar 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. Around the mid-1980s, the Government also opened up the contract drilling business to Indian private companies. School of Social Transformation. 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.