By 2006, all the circles were under one umbrellaHutchison Essar Limited. Located on the south side of the Mersey Estuary close to Liverpool and Manchester, STL is the newest and largest third party liquid storage business in the UK, controlling 3 million cubic metres of capacity. India Salaya Vizag Stanlow. This was not sufficient for the business to achieve and sustain long-term growth. Box 2260 Tempe, Arizona 85280-2260 For all other mailing needs: ASU Foundation P.O. Unlike other fuel technologies currently being considered by industry, the use of SAF does not require changes to aircraft, engines, or airport infrastructure. 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. Registered office address The Administration Building 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB Company status Active Company type Private limited Company. Sunil is also the President of Wind Independent Power Producers Association. Unite said it had informed the owner of the Ellesmere refinery, India's Essar Group, that its members . 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. Sr. 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. Since Essar did not have prior experience in this industry, it roped in Swiss PTT as a joint venture partner. Currently, he heads the country operations of Afrocentric Group in Mauritius and is the Managing Director of Medscheme International. Ellesmere Port, Cheshire, Since early August, the company has increased its daily vehicle shifts from 52 to more than 70, and is aiming to increase deliveries to more than 80 by the end of October, it said. Essar Oil UK (EOUK) used the governments pandemic VAT deferral scheme last year, which allowed businesses to delay tax repayments. Stanlow is a key strategic national asset, annually producing over 16% of the UK's road transport fuels, while playing an important part in Britain's petrochemical industry by providing key feedstocks. This debt was refinanced later when the government set up the Power Finance Corporation. However, Essars chosen policy was to get into areas of import substitution, high technology and national importance. Northampton Diesel 121.98 ppl, PU10 114.89 ppl. Essar Energy, which owns the Stanlow. epl.secretarial . Object reference not set to an instance of an object. Prior to Essar, he was the CEO & Executive Director of Hero Future Energies Pvt Ltd. As Fulcrum's first facility in the United Kingdom, NorthPoint will be located at the Essar Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. Physical location: 777 Novus, Suite 310AA, Tempe, AZ 85287-4308 Building: Novus Tower, Tempe Campus Mailing address: P.O. He established PetroFina in India and was part of the team that launched Gulf Oil in India post opening up of the market. Delivering cleaner/greener energy solutions, Localise the supply chains for the industry, Create logistics network, storage solutions and platforms by leveraging technology, To be the trusted go to technology solution integrator, https://www.essar.com/wp-content/uploads/2021/09/Essar_Corporate_Film.mp4, Provide new environmentally beneficial source of energy in India, Transform Essar Oil UK to become a global benchmark for green refineries, Build a hub for the UKs upcoming hydrogen transformation, Build an energy compliant state-of-the-art steel plant, Provide the lowest cost high grade green iron ore pellet in the United States and India, Enable trade and transport services across the industrial hubs in the west and east coasts of India, Create the largest independent hydrocarbon terminals business in North-West Europe, To architect, deploy, manage and secure the customers IT environment through customised solutions, To integrate intelligent digital networks and platforms, Implementing and managing investments and divestments, Preparing and delivering financial reports of EGFL, Implementing and overseeing appropriate policies and procedures, 1995 First Mover partnership with Hutchison Whampoa and then with Vodafone, Part Sale of Aegis USA Inc. to Teleperformance at $610 million, Sale of 98% stake in Essar Oil to Roseneft, and Trafigura-led consortium. He is a strong business development professional with a Mechanical Engineering Degree from Aligarh Muslim University. Jatinder Mehra is the Vice Chairman & Operating Partner of Essar Capital. According to Essar, the Fulcrum NorthPoint venture will complement Essar's wider plans to build a green energy industrial cluster at the Stanlow site, and will fully integrate Essar, Stanlow Terminals, and Fulcrum assets and technology. 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. Contact ; Transforming Logistics; New Offerings; Ports & Terminals. Essar Shipping diversified and modernised its fleet in the early 1990s. 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. 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. Name Address Address(maps) LinkedIn Alibaba AliExpress Global Sources Want to send an RFI or RFQ to this supplier? 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. 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. Ian Cotton, Head of Communications and Community. B.C. 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 . Our sights are firmly set on helping to drive the UK's decarbonisation strategy. Work on the refinery began in 1994, and by 1995, the necessary funding was in place. 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. Hazira was also the land fall point for gas from the Bassein gas field in Bombay High. Essar continues to be the largest Indian exporter of flat steel. Essar House, Kailash Daultani currently serves as the Managing Director, Treasury and Finance, at Essar Capital. 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. Six business areas in the core sectorConstruction, Shipping, Steel, Power, Oil & Gas, and Telecommunicationswere identified as growth drivers for the Group. 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. The construction and shipping businesses grew rapidly and Essar gradually established itself as a leading marine and industrial construction company. Prior to joining Essar, he has worked with Caf Coffee Day and UB Spirits. 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 saw a great opportunity and bought Indias first private tanker in 1976 for around USD 2 million. 4900 Hopyard Road Suite 220 Pleasanton, CA 94588. Rajiv was awarded the designation of Canadian Investment Manager by the Canadian Securities Institute in 2006. Essar Oil (UK) Limited 2021. . 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. . 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. Sanjay Palve is the Sr. Essar followed up this success, by setting up a pellet plant in Visakhapatnam as part of its backward integration strategy. Correspondence address Essar Oil (uk) Limited, Lansdowne House - 2nd Floor East, Berkeley Square, London, England, W1J 6ER . The green energy projects will include an investment of $1.2 billion in green ammonia manufacturing in India. Your price for Delivered in supplies will be subject to delivery costs. For SBI, the proposal posed a real challenge since it involved a first-of-its-kind transaction for the bank as well! Moreover, the quality of scrap was also not always up to the mark. By 2030, Vertex expects to deliver nearly 4GW of low carbon hydrogen, equivalent to c.40% of the UK Governments national target. The pipe laying division of the company was certified at ISO 9002. In 2005, when the vessel rates peaked, Essar sold its five Suezmax tankers at the price at which they were bought in 1994. 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. Ensuring your bulk liquid products reach their destinations with ease. 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. He has held key leadership positions at YES Bank Ltd. and ICICI Bank Ltd. 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. He is responsible for capital raising, financial performance improvement, risk monitoring and corporate banking. He has a strong professional record in streamlining litigation, M&A, turnkey contract management, IPR, project financing, international arbitration and compliance support. Pleasanton, CA 94588. He joined Essar as CEO Retail in the year 2010. 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). He has held several leadership positions at Adani Group, Larson & Toubro Ltd, Binani Industries Ltd. amongst others. Rahul is a seasoned professional with more than 28 years of experience specialising in areas of recasting HR and business processes, right sizing and cost optimisation. Vessel handling, product discharge, processing, blending and more, Connectivity Solutions 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. Prior to joining Essar, he was the Vice President and General Counsel at Hindustan Construction Company Ltd. Such emission reductions are approximately 70% and have the future potential to be fully carbon neutral. Work on the refinery was progressing as per schedule till the first quarter of 1998. This landmark development supports our long term sustainability ambition to deliver the energy solutions of the future and position Stanlow as the UK's leading sustainable aviation fuel hub. A general view of Essar Oil UK's Stanlow oil refinery near Ellesmere Port, Britain, September 27, 2021. Choose Additional Cities in Arizona by Selecting the First Letter of the City. 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. You may not use any information obtained from Intelius for any purpose covered by the FCRA. Scrap prices were volatile and had to be purchased with precious foreign exchange. With 18 years of experience, he has also served as the Senior Vice President, International Projects and Corporate Finance, with Essar Services. After a fierce round of bidding that involved several corporations, Vodafone bought the Hutchison stake valued at USD 11.5 billion. Essar is building assets & creating value in new promising markets right from services to retail in India and internationally. The aim was to build a diverse fleet that could help hedge any downturns in the business. This led to financial sanctions being imposed on India and Indian companies no longer had access to foreign funds. Eventually, the loan was sanctioned, with a repayment structure that was unique for its time. Copyright 2023 Essar. In addition to OSVs, it bought Diving Support Vessels and Multi Support Vessels. The sponge iron plant became a hugely successful venture. Essar then acquired licenses for Eastern UP, Rajasthan, Haryana and Punjab. But this was not sufficient to meet its debt obligations. Hutchison Essars subscriber base, too, has risen from 1,50,000 to 28 million. It had a fleet of over 100 vehicles of varying capacities. We unlock trapped value for energy partners feeling shackled by a lack of innovation and the status quo by maximising our flexible, end-to-end, safe and agile approach to logistics solutions management. EGFL has a globally benchmarked robust risk and regulatory framework. He is respected for his project execution skills, financial expertise and people management capabilities. During the period of stoppage, Essar had wisely planned for technology upgrades. . 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. She has more than 23 years of experience in Human Resources, having worked across industries like Manufacturing, Pharma, IT and Retail. 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. ian.cotton@essaroil.co.uk and 07805 854169, Jeff Ovens, Managing Director, UK & Europe, jovens@fulcrum-bioenergy.com and 07399 472 650. 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. Firdose has extensive experience in emerging markets, having been involved in advising governments, parastatals and companies in Africa, India, Europe and the Middle East. Badrinath Durvasula joined Essar as the Managing Director, Legal, and oversees and advises the legal function for the Energy, Services & Technology sectors. It involved buying an asset against the securitisation of receivables. Earlier on he has worked with TCS in the beginning of his career. 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. 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. 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. 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. Mr Sogani helps manage Essar Capital investments in the portfolio companies of metals & mining sector. 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. 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. In those early days of the telecom boom in India, effective policies were lacking and private telecom businesses were faced with several problems. At that price, steel plant operations were simply unsustainable. Bespoke sustainable solutions to suit logistics and supply chain requirements. Essar Logistics took care of the movement of cargo, generated by Essar Steel and Essar Oil, by road.
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