Essar Oil UK is committed to helping drive the UK's decarbonisation strategy. The pipe laying division of the company was certified at ISO 9002. This plant helped Essar Constructions garner expertise in building power plants in addition to its valuable experience in other sectors, including the steel plant for Essar Steel. Essar Constructions grew its activities considerably over the years. By continuing to use our website, you agree to our Privacy Policy Accept, Dedicated marine import capability to tankage. 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. 4900 Hopyard Road Suite 220 Pleasanton, CA 94588. 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. Around this time, Bombay High had just started producing oil, which needed to be transported onshore. Contact information for Essar companies in India and worldwide . Because of Essars experience in marine construction projects, the shipping business was a natural extension. He was chairman and chief executive of J&K Bank for five years. 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. Intelius reports cannot be used for background checks related to consumer credit, insurance, employment, housing or any other purpose prohibited under the FCRA. info@fulcrum-bioenergy.com . However, Essars chosen policy was to get into areas of import substitution, high technology and national importance. Well do this through a combination of our unique geographical location, decades of experience and a passion for a greener, cleaner planet. 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. Essar Global Fund invests, builds and nurtures a portfolio of world-class companies through Essar Capital, its investment manager. Essar was founded in 1969 by his father, Shashi Ruia and uncle Ravi Ruia. 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. He is on the Boards of World Steel Association, and the Metals & Mining and Energy industry Committee of the World Economic Forum. Essar Energy enters into agreement to buy Royal Dutch Shell's Stanlow refinery for US$350 million. At the same time, the 8 MTPA iron ore beneficiation plant at Bailadila and the 267-km slurry pipeline were completed. Pleasanton, CA 94588. Firdose Coovadia is an Advisor, Metals & Mining, at Essar Capital. A general view of Essar Oil UK's Stanlow oil refinery near Ellesmere Port, Britain, September 27, 2021. Being one of the low-cost steel producers, Essar managed to make operating profits. 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. With has a nameplate capacity of 296,000 barrels of oil a day, it is responsible for about one sixth of the UK's petrol supply. After achieving success and recognition in India, the Company was now poised to venture overseas. He would be responsible for advising and leading the company with regards all investments and opportunities in the metals & mining sector. The plant has a high availability factor of 99 percent. In this business, too, Essar kept refinancing the debt to reduce finance costs. He is a part of the Management Committee of Essar Capital. Subsequent to the HyGrade takeover, the pellet making capacity was enhanced to 8 MTPA. It monitors and manages the entire portfolio of investments owned by EGFL. Mr Mehra is involved in various Essar initiatives in areas of Business Strategy, Investments, Corporate Governance, Risk Management and Sustainability. Essars Indian lenders refused to bail the company out. This is a massive undertaking, but it is a journey we are fully committed to. Regular ferry services connect Stanlow from Liverpool and Holyhead to Ireland, Isle of Man, Northern Ireland and northern Spain. Essar Oil (UK) Limited 2021. 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. 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. Registered office address The Administration Building 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB Company status Active Company type Private limited Company. White Pages - Find People In | Addresses Try LightSource for your strategic sourcing. The experience in contract drilling prompted the Group to venture into the upstream in the Oil sectori.e. 4900 Hopyard Road 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. [1] www.essaroil.co.uk/news/uks-first-refinery-based-hydrogen-furnace-arrives-at-essar/. Contact us | Essar Oil Uk Prior to Essar, he has worked with Archean Group as Group President, and with SIVA group as CEO for about 15 years. Essar braced itself for the oncoming challenge. 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. Strategic investments in setting up world-class facilities in Steel, Power, Ports, Oil and Gas. The refinery plays a strategic role in the UK economy, supplying 16% of all road transport fuels. Copyright 2023 Essar. Essar Ports Limited Essar House, 11, K.K. 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. Vertex Hydrogen - Building a low carbon future Essar launches EET to invest US$3.6 billion in energy transition in the Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. Ian Cotton, Head of Communications and Community. 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. Thus Essar was able to build one of the most valuable telecom companies in the world. 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). Box 874308 Main phone: 480-965-7682 Fax: 480-965-9199 Undergraduate & Graduate Advising. A slew of projects in each of these businesses were initiated in the 1990s when the Indian economy was booming. 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. For cheapest and greenest transportation of your products, Beyond Storage Production started in November 2006 with a capacity of 7.5 MTPA. Purchasing and Supplier Management (PSM) enquiry, Essar Oil UK Ltd - Code Of Conduct.pdf document - PDF | 4.8MB, Essar Oil UK - Anti-Slavery and Human Trafficking Statement.pdf document - PDF | 85.6KB, Essar Gender Pay Gap 2021.pdf document - PDF | 1.2MB, Tax Strategy Policy.pdf document - PDF | 481.5KB. 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. Simultaneously, global steel prices started tumbling and reached a historic low of USD 180 per tonne. Essar Oil UK to build 360 million carbon capture facility to deliver Stanlow Terminals to provide storage for UK SAF plant School of Social Transformation. Suite 220 With eight jetties offering import and export of bulk liquids, marine access to terminals at Tranmere and Stanlow, one of Europe's largest road terminals, excellent links to the UK's motorway network and direct connections into the UK's Oil and Fuel Pipelines, STL offers unrivalled connectivity. 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. In those early days of the telecom boom in India, effective policies were lacking and private telecom businesses were faced with several problems. Being the largest independent means we can move quickly to meet your bulk liquid storage needs, Unique Refinery Access He has held several leadership positions at Adani Group, Larson & Toubro Ltd, Binani Industries Ltd. amongst others. The Manchester Ship Canal that connects Liverpool to Manchester also provides further hinterland water connection to North West UK. Currently, he heads the country operations of Afrocentric Group in Mauritius and is the Managing Director of Medscheme International. Essar had financed the project through a combination of rupee debt and Floating Rate Notes (FRN)both on a five-year tenure. 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. His entrepreneurial abilities have enabled the Essar Global portfolio of companies to become one of the leading names in global industry. The commissioning was completed in October 1997. He is respected for his project execution skills, financial expertise and people management capabilities. 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. Managing Director, Finance, Infra, Tech & Retail, at Essar Capital. As a result of that work over the past few months, EOUK has $1.1bn [800m] in liquidity secured. It that happened, the refinery would be likely to be taken on by the official receiver, to keep the refinery running. Name Address Address(maps) LinkedIn Alibaba AliExpress Global Sources Want to send an RFI or RFQ to this supplier? Essar Constructions executed pipe laying contracts for all the major oil companies in India, and drinking water pipelines in Gujarat, Tamilnadu and Rajasthan. Managing Director, Finance, Infra, Tech & Retail. Essar to Invest $1 Billion into Two Blue Hydrogen Plants in the U.K. Marg, He has also led digitalisation initiative in GRC space and was instrumental in running technology-based solution around enterprise risk, compliance risk, license management and document repository systems. Even during the downturn in the shipping industry, Essar Shipping registered profits. When commercial production began in 1996, this had fallen to USD 380 per tonne. Mr Viral Gathani is the Managing Director, Finance, Energy, at Essar Capital. Shashi Ruia began his career in the family business in 1965 under the guidance of his father, the late Nand Kishore Ruia. He joined Essar in early 2000 and has played a key role on strategic investments of Essar in core economy and infrastructure sectors. Contact us - Essar Left with no option, Essar was forced to default on the FRN loan, despite having made concrete plans for refinancing. Scrap prices were volatile and had to be purchased with precious foreign exchange. 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. Essar Oil (UK) Limited 2021. 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. 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. 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. 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. Stanlow Terminals Limited Essar Energy. Michelle Lewis, Corporate Affairs Director, Essar: michelle.lewis@essaroil.co.uk / 07805 854169, Peter Ogden, Powerscourt: essar@powerscourt-group.com / 07793 858 211. Tempe, AZ White Pages. He has held key leadership positions at Jindal Steel & Power Ltd, Jet Airways, Essar and Dell international. Most Recent Shipment: 04/07/2022 (Database Updated . . : +91-22- 66601100 Fax: +91-22-66601809 Write to us : Mumbai Essar Equinox Business Park (Peninsula Techno Park), Off Bandra Kurla Complex, The company began its operations with the construction of an outer breakwater in Chennai port, an order worth Rs 2.5 crore. Located near Ellesmere Port in north west England, the Stanlow refinery is the second largest in the UK. However, Swiss PTT wanted to shut shop as part of its strategy to exit all Asian operations. 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. Essar Ports Limited India Salaya Vizag Stanlow. 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. Sanjay Palve is the Sr. Essar replaced Swiss PTT with Hutchison as partner. With over 15 years of experience in diverse fields including media & publishing, corporate communications. Essar is investing to make our refinery at Stanlow, the UKs first low carbon refinery. Essar Stanlow's top supplier is Refined Technologies with 17 shipments. 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 again grabbed the opportunity and went on to become Indias largest rig operator in the private sector. EOUK had agreed to an accelerated schedule to make this payment. Contact ; Transforming Logistics; New Offerings; Ports & Terminals. He has been a key member of several industry committees like Confederation of Indian Industries, Federation of Indian Commerce Industries, The Associated Chamber of Commerce & Industry of India and SUPERBRANDS for several years. The Fair Credit Reporting Act ("FCRA") is a federal law that promotes the accuracy, fairness and privacy of information in the files of consumer reporting agencies. Many steel companies at that time went down under. Andrew Wright is the Managing Director, Legal, at Essar Capital. It also enables the import of large parcels of diesel. He is responsible to advise and represent the company for all the legal matters concerning the Energy sector investments and portfolio businesses. Managing Director, Finance, Metals & Mining. The energy industry is changing. 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. 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. Essar began the process of refinancing one year in advance, in May 1998. Essar Steel was now a producer of flat steel and joined the select group of Indian companies that produced this commodity. In addition to outside contracts, it executed all of Essars internal projects. Sale to Brookfield Asset Management Company, 10 MTPA integrated steel manufacturing complex.

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