essar stanlow address essar stanlow address

He is respected for his project execution skills, financial expertise and people management capabilities. 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 has overseen Essars BPO and Power businesses, Smiti is a self-driven business leader and a true entrepreneur at heart. 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. Just before the issue was launched, India tested the nuclear bomb at Pokhran. Stanlow has 800 employees, and is a key strategic national asset, annually producing over 16% of the UKs road transport fuels, while playing a key role in Britains broader petrochemical industry. Sale included 20 MTPA refinery, retail, port and related infrastructure. Maharashtra, India, Copyright 2021 All rights reserved Prior to joining Essar, he was associated with EY as a Partner for 11 years. He was the Chief Executive Officer and Board Member at Essar Oil UK Limited. He established PetroFina in India and was part of the team that launched Gulf Oil in India post opening up of the market. A slew of projects in each of these businesses were initiated in the 1990s when the Indian economy was booming. 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. 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. The Essar Group was established by Mr. Shashi Ruia and Mr. Ravi Ruia in 1969, in South India. The promoters could foresee the demand, a vision that paid rich dividends. Production started in November 2006 with a capacity of 7.5 MTPA. In 2012, he was awarded an excellence award for his contribution to renewable energy and sustainability by the Energy and Environment Foundation. For cheapest and greenest transportation of your products, Beyond Storage 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. The pipe laying division of the company was certified at ISO 9002. Within 18 months after work resumed, Essar began commissioning the refinery in phases. Until the mid-1980s, Essar was focused on the service sectors of construction and shipping, which were prone to cyclical volatility. For SBI, the proposal posed a real challenge since it involved a first-of-its-kind transaction for the bank as well! It monitors and manages the entire portfolio of investments owned by EGFL. An MBA from IIM Lucknow, Rakesh is a qualified Engineer from NIT, and brings with him 13 years of experience. 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. In early 2005, Essar restructured the balance sheet and work resumed with renewed vigor on completing the refinery project. By 2030, Vertex expects to deliver nearly 4GW of low carbon hydrogen, equivalent to c.40% of the UK Governments national target. 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. Essar also entered the power and telecom sectors as and when they were opened up to private participation. At Hazira, a deep draft berth and shipping channel was constructed to enhance the cargo handling capacity by bringing larger vessels alongside the berth. 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. In 2006, Hutchison, too, decided to exit India. A fleet of 13 onshore rigs and a semi-submersible rig were deployed with clients in India and abroad. This is equivalent to the domestic heating energy used by a major British city region, such as Liverpool. Stanlow also plays an important part in Britains petrochemical industry, providing feedstocks such as toluene, propylene and ethylbenzene. 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. and more than 70 percent of its shipping revenues came from international operations. 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. Our ambition is to become a leading low carbon refinery. In addition to OSVs, it bought Diving Support Vessels and Multi Support Vessels. 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. The project, which will see an investment of approximately 600m, will use Fulcrum's proven waste-to-fuel process, which is already being deployed at its pioneering facility outside of Reno, Nevada in the United States, where operations are due to begin later this year. In order to improve the efficiency, Essar Steel bought Stemcors 51 percent stake in HyGrade Pellets Limited, the pellet making venture of Essar. 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. A general view of Essar Oil UK's Stanlow oil refinery near Ellesmere Port, Britain, September 27, 2021. In addition to outside contracts, it executed all of Essars internal projects. 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. Object reference not set to an instance of an object. Eventually, the loan was sanctioned, with a repayment structure that was unique for its time. 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. 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. Today, the Hazira power plant has two power purchase agreementsone with the Gujarat State Electricity Board and the second with Essar Steel. Essar Capital Limited (Essar Capital) is the investment manager of Essar Global Fund Limited (EGFL). 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 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. Stanlow, 15th February, 2021. The Fulcrum venture will complement Essar's wider plans to build a green energy industrial cluster at the Stanlow site. Essar Oil UK, which operates Stanlow Refinery, and Fulcrum BioEnergy, based in California, US, have teamed up with Stanlow Terminals to develop the . This will be the first Fulcrum plant outside the United States. Until then, only foreign construction companies would undertake a project of this magnitude and complexity. Essar is building assets & creating value in new promising markets right from services to retail in India and internationally. He has worked as an Economic Advisor, and the principal economic policy maker at the state level for seven years. It also complements the announcement last month regarding a blue hydrogen development at Stanlow as part of the HyNet project. The Manchester Ship Canal that connects Liverpool to Manchester also provides further hinterland water connection to North West UK. He is responsible to advise and represent the company for all the legal matters concerning the Energy sector investments and portfolio businesses. Essar became the first Indian company to operate in the waters of the Atlantic. 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. 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. 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. All Rights Reserved. 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. In 1999, the government announced a new telecom policy that was more conducive to growth. 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. As a result, while most shipping companies in India were making losses in the 80s, Essar was reaping profits. Essar Oil UK bought the Stanlow refinery at Ellesmere Port from Shell in 2011. The site was chosen due to its industrial nature, a skilled local workforce and existing refinery infrastructure, including a direct pipeline to Manchester Airport which can be used to transport the sustainable aviation fuel to aircraft. The company received underwriting commitments from Chase and Lehman Brothers. 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. The commissioning was completed in October 1997. Vertex's low carbon hydrogen production plant will be a core part of the HyNet low carbon cluster. The company's spirited involvement in community service . The aim was to build a diverse fleet that could help hedge any downturns in the business. as panic buying hits forecourts across the country. Around the mid-1980s, the Government also opened up the contract drilling business to Indian private companies. With 18 years of experience, he has also served as the Senior Vice President, International Projects and Corporate Finance, with Essar Services. 4900 Hopyard Road Suite 220 Pleasanton, CA 94588. 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. Essar was founded in 1969 by his father, Shashi Ruia and uncle Ravi Ruia. 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. 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. 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). Tempe, Arizona white page directory listings include full name, phone number and address. Again, breaking the tradition of locating manufacturing facilities close to the mines, the Company chose to build the plant at Hazira, a port on the west coast of India. Phone. 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 . Suite 220 The Research & Development team developed high-end products for specialized applications, like interstitial free steel for auto and auto components, high-end API grade steel for the petroleum industry, steel conforming to the ABS standard for ship building industry and so on. He also ensures the successful delivery of the organisations corporate and business plans and desired outcomes. 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. He is responsible for investigation, analysis and assessment of risk, and accordingly design and implement strategies and processes which mitigate these threats. Object reference not set to an instance of an object. 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. Leveraging his extensive business network, Firdhose has also played an active role in assisting portfolio companies with business development and cross-border transactions or business relationships across Africa, the Middle East and Asia. 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). Our sights are firmly set on helping to drive the UK's decarbonisation strategy. The gas will be permanently sequestered into depleted gas fields under the sea in Liverpool Bay, as part of the HyNet cluster infrastructure in the North West of England. Essar Constructions grew its activities considerably over the years. Even during the downturn in the shipping industry, Essar Shipping registered profits. Essar Oil (UK) Limited 2021. 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. 2023 PeopleConnect, Inc. d/b/a Addresses.com. Stanlow Diesel 121.87 ppl, PU10 114.81 ppl. Prashant is part of the second generation of the Ruia family that founded Essar. Such emission reductions are approximately 70% and have the future potential to be fully carbon neutral. Essar is already making rapid progress against its broader decarbonisation targets. Box 2260 Tempe, Arizona 85280-2260 For all other mailing needs: ASU Foundation P.O. Intelius does not provide consumer reports and is not a consumer reporting agency as defined by the FCRA. It invested in relevant logistics assets. 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. Kent plc has been awarded a pre-FEED engineering contract to develop the facility that will take the CO2 emitted from one of Europes largest full-Residue Fluidised Catalytic Cracking units, located at the Stanlow refinery. Essar Energy enters into agreement to buy Royal Dutch Shell's Stanlow refinery for US$350 million. It involved buying an asset against the securitisation of receivables. 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. Pleasanton, CA 94588. Mr Naushad Ansari is Managing Director, Business Development, at Essar Capital. Essar had contracts with Chevron, Exxon-Mobil, Stat Oil, Shell, etc. It had a fleet of over 100 vehicles of varying capacities. : +91-22- 66601100 Fax: +91-22-66601809 Write to us : Mumbai Essar Equinox Business Park (Peninsula Techno Park), Off Bandra Kurla Complex, In this way, the share of value-added products increased from 35 percent to 70 percent of total production. This prompted Essar to start manufacturing sponge iron. Not one to lag behind, Essar seized every opportunity that came its way. By 2006, all the circles were under one umbrellaHutchison Essar Limited. All its Suezmax tankers were approved by oil majors, an endorsement that fetches a premium in freight. After achieving success and recognition in India, the Company was now poised to venture overseas. Prior to Essar, he was the CEO & Executive Director of Hero Future Energies Pvt Ltd. Intelius reports cannot be used for background checks related to consumer credit, insurance, employment, housing or any other purpose prohibited under the FCRA. 925.730.0150. Correspondence address Essar Oil (uk) Limited, Lansdowne House - 2nd Floor East, Berkeley Square, London, England, W1J 6ER . 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 Stanlow's top supplier is Refined Technologies with 17 shipments. Stanlow. Email. Essar Energy. EGFL has a globally benchmarked robust risk and regulatory framework. 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). 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. Fulcrum is actively developing Fulcrum NorthPoint at the Essar Stanlow Manufacturing Complex in Cheshire, in the North West of England. Box 874308 Main phone: 480-965-7682 Fax: 480-965-9199 Undergraduate & Graduate Advising. And in February, Essar announced it has joined forces with Fulcrum BioEnergy and Essar's subsidiary company Stanlow Terminals to create a new 600m facility which will convert non-recyclable. An offering that prides itself in the highest levels of safety to protect our people, your people and the communities we operate in. Vikash Saraf is the non-executive director of Essar Capital. The refinery plays a strategic role in the UK economy, supplying 16% of all road transport fuels. He has led natural resources sector businesses for major investment banks globally. The Late 1980s: Foray into core sector manufacturing. 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. Subsequent to the HyGrade takeover, the pellet making capacity was enhanced to 8 MTPA. 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. Contact ; Transforming Logistics; New Offerings; Ports & Terminals. 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 Additionally, he has held leadership positions at IAA Healthcare, Metropolitan Insurance, CIM Global Business, CIM Asset Management, Ireland Blyth Limited and HSBC respectively. 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 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. Not only is it the right environmental thing to do, it will future proof the critical Stanlow refinery for the long term, protecting jobs and industry, while also placing Stanlow at the very centre of the UKs energy transition.. Vice Chairman & Operating Partner, Metals & Mining, Operating Parter, Infrastructure, MD & CEO, Essar Ports, Sr. The sponge iron plant became a hugely successful venture. Essar is investing to make our refinery at Stanlow, the UKs first low carbon refinery. 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. All Rights Reserved. His entrepreneurial abilities have enabled the Essar Global portfolio of companies to become one of the leading names in global industry. Mahalaxmi, It also bought Stemcors 100 percent stake in Steel Corporation of Gujarat (SCGL) which had set up a 1.2 MTPA cold-rolling complex at Hazira. Alok Gupta is the Operating Partner, Technology & Retail, at Essar Capital. M: +44 (0)7805 854 169 E: ian.cotton@essaroil.co.uk . Northampton Diesel 121.98 ppl, PU10 114.89 ppl. Essar teamed up with Brown & Root of USA in laying an under-sea pipeline from the offshore Bassein gas field to Hazira. In addition, Fulcrum NorthPoint was awarded a grant by the UK Government Department for Transport. All these activities were consolidated under Essar Shipping and Logistics Limited. 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. Media contact. This arrangement was made for two principal reasons: One, Indian financial institutions were not in a position to lend for a longer term; two, raising foreign currency debt beyond five years was not permitted at that time. . At the same time, the 8 MTPA iron ore beneficiation plant at Bailadila and the 267-km slurry pipeline were completed. He has held key leadership positions at YES Bank Ltd. and ICICI Bank Ltd. Box 2260 Tempe, Arizona 85280-2260 To visit us on site: ASU Fulton Center 300 E. University Drive Tempe, AZ . He is a part of the Management Committee of Essar Capital. Essar began the process of refinancing one year in advance, in May 1998. 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 is on the Boards of World Steel Association, and the Metals & Mining and Energy industry Committee of the World Economic Forum. It is also a major regional employer with over 900 staff, an additional 800 on site contractors and a further 5,000 people employed indirectly through the extended value chain. In order to lend stability to the Group, Essar planned to enter manufacturing. . 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. Viral has held key leadership positions at Vedanta Resources Plc, CIMB Securities/ Royal Bank of Scotland, Warburg Pincus, Citigroup, and Credit Suisse. Essars Indian lenders refused to bail the company out. Essar Global Fund invests, builds and nurtures a portfolio of world-class companies through Essar Capital, its investment manager. As a result of that work over the past few months, EOUK has $1.1bn [800m] in liquidity secured. . Were primed to lead the national charge in the development of changing energy infrastructure and create the UKs first sustainable energy hub. During the period of stoppage, Essar had wisely planned for technology upgrades. Anshuman Ruia is known for his financial expertise and project execution skills. 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. Since Essar did not have prior experience in this industry, it roped in Swiss PTT as a joint venture partner. In addition, Essar Oil UK operates an integrated terminal and marine facility at Stanlow and Tranmere on behalf Stanlow Terminals. He is a strong business development professional with a Mechanical Engineering Degree from Aligarh Muslim University. Essar Logistics took care of the movement of cargo, generated by Essar Steel and Essar Oil, by road. Fulcrum is actively developing Fulcrum NorthPoint at the Essar Stanlow Manufacturing Complex in Cheshire, in the North West of England. info@fulcrum-bioenergy.com . 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. Marg, Mahalaxmi, Mumbai - 400034 Maharashtra, India. He has played an integral role in many landmark private equity transactions and has also managed many regional and global private equity funds.