essar stanlow address

All these projects helped transform Essar Constructions into a leading EPC contractor. With 18 years of experience, he has also served as the Senior Vice President, International Projects and Corporate Finance, with Essar Services. Suite 220 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. Later, it went on to buy a specialized pipe-laying barge to undertake this kind of activity. In the early 1980s, when the government opened up the ownership and operation of Offshore Supply Vessels (OSV) to private Indian companies, Essar was one of the first to enter the fray. During the period of stoppage, Essar had wisely planned for technology upgrades. M: +44 (0)7805 854 169 E: ian.cotton@essaroil.co.uk . 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. The Tranmere Oil Terminal, with its two dedicated jetties, can handle Very Large Crude Carrier (VLCC) tankers loaded with up to 170,000 tonnes of crude. 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. The FRNs were due for refinancing in 1999, the year that marked the end of the five-year term. Having started his career with HPCL, he worked with National Oil Nigeria, Reliance Industries Ltd., TotalFinaELF and Gulf Oil India. Correspondence address The Administration Building, 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB . Subsequently he took responsibility as President Global Markets & Strategy since 2012 where he was responsible for sales, pricing strategy, marketing, and product & category management for the Steel business. Prior to Essar, he has worked with Archean Group as Group President, and with SIVA group as CEO for about 15 years. 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 . 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. 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. Essar JV to build UK's largest hydrogen hub 2 min read . Mr Sogani helps manage Essar Capital investments in the portfolio companies of metals & mining sector. The promoters could foresee the demand, a vision that paid rich dividends. 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. The construction and shipping businesses grew rapidly and Essar gradually established itself as a leading marine and industrial construction company. 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. Hutchison Essars subscriber base, too, has risen from 1,50,000 to 28 million. Ensuring your bulk liquid products reach their destinations with ease. Essar Shipping diversified and modernised its fleet in the early 1990s. 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. Firdose has extensive experience in emerging markets, having been involved in advising governments, parastatals and companies in Africa, India, Europe and the Middle East. Essar owned 33% stake in the consolidated entity. Tempe, Arizona white page directory listings include full name, phone number and address. EOUK had agreed to an accelerated schedule to make this payment. It that happened, the refinery would be likely to be taken on by the official receiver, to keep the refinery running. 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. He also has rich experience in leading change management, cultural transformation, organisational redesign and restructuring. The takeover of SCGL has enabled Essar to widen its product base and cater to a larger segment of industries. Sponge iron generation capacity was also increased to 5.5 MTPA. Contact information for Essar companies in India and worldwide . Recently, he was also awarded Business Leader of the Year in the NBFC segment by ET Now. In addition to outside contracts, it executed all of Essars internal projects. In 2006, Hutchison, too, decided to exit India. 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. He was the Chief Executive Officer and Board Member at Essar Oil UK Limited. Prior to joining Essar, he was the Vice President and General Counsel at Hindustan Construction Company Ltd. Tempe, AZ White Pages. Essar Energy enters into agreement to buy Royal Dutch Shell's Stanlow refinery for US$350 million. Earlier this year, it announced its participation in production of blue hydrogen under the HyNet project. If you would like a quote for delivery . Box 874308 Main phone: 480-965-7682 Fax: 480-965-9199 Undergraduate & Graduate Advising. However, the recovery from the pandemic has been slower than predicted, the company said, adding that it hopes for a resolution soon. 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. 4900 Hopyard Road Suite 220 Pleasanton, CA 94588. Prior to being the Managing Director at Essar Capital, Rakesh has been at leadership positions in Essar Ports. Stanlow Manufacturing Complex, 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. 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). An offering that prides itself in the highest levels of safety to protect our people, your people and the communities we operate in. Ian Cotton, Head of Communications and Community. Prashant has been an integral part of EGFLs operations and management since 1985 and a key driver of the Funds growth, diversification and value creation, both within India and internationally. Choose Additional Cities in Arizona by Selecting the First Letter of the City. He brings with him 39 years of experience, and has extensive experience in the renewable energy sector. Mr Rajiv Gujjalu serves as Director Essar Global Fund Limited (EGFL). Dhanpat Nahata is the General Partner, Strategy and Risk, at Essar Capital. Prior to Essar, he was the CEO & Executive Director of Hero Future Energies Pvt Ltd. Andrew Wright is the Managing Director, Legal, at Essar Capital. 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. EGFL has a globally benchmarked robust risk and regulatory framework. Within 18 months after work resumed, Essar began commissioning the refinery in phases. as panic buying hits forecourts across the country. Madhu Vuppuluri is the Operating Partner, Metals & Mining, Essar Capital. Ravi Ruia belongs to the generation of industrialists who have played a significant role in leading Indias industrial renaissance. In 2005, when the vessel rates peaked, Essar sold its five Suezmax tankers at the price at which they were bought in 1994. Utilising our strong geographical position and experience in the energy sector, we are providing delivery solutions based on the ability to safely handle energy products to meet the needs of todays society and tomorrows society. 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. His academic research paper on Sustainability and Renewable Consumption Obligation has been presented at forums of international repute. Contact ; Transforming Logistics; New Offerings; Ports & Terminals. Most Recent Shipment: 04/07/2022 (Database Updated . The Late 1980s: Foray into core sector manufacturing. Mr Naushad Ansari is Managing Director, Business Development, at Essar Capital. Earlier on he has worked with TCS in the beginning of his career. Essar did not succumb to the pressure. 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. 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. Phone. Vikash Saraf is the non-executive director of Essar Capital. Essar also entered the power and telecom sectors as and when they were opened up to private participation. As Fulcrum's first facility in the United Kingdom, NorthPoint will be located at the Essar Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. Unite said it had informed the owner of the Ellesmere refinery, India's Essar Group, that its members . He is a strong business development professional with a Mechanical Engineering Degree from Aligarh Muslim University. When Essar conceived the project, international steel prices were in the region of USD 450 per tonne. Prior to joining Essar, he was the CEO of Religare Finvest Limited (RFL) and the Managing Director of Religare Housing Development Finance Corporation (RHDCL). . Being one of the low-cost steel producers, Essar managed to make operating profits. The company approached State Bank of India (SBI), a leading public sector bank in India, for a loan. 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. Anshuman Ruia is known for his financial expertise and project execution skills. Mr Mehra is involved in various Essar initiatives in areas of Business Strategy, Investments, Corporate Governance, Risk Management and Sustainability. 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. In the second quarter, a devastating cyclone hit the western coast of India damaging several structures in the refinery site. The chemicals manufacturing plants uses technologically-advanced process units to produce propylene and turn ethylene, benzene, hydrocarbons and other feedstocks into a wide range of polymer and other products. After achieving success and recognition in India, the Company was now poised to venture overseas. After a fierce round of bidding that involved several corporations, Vodafone bought the Hutchison stake valued at USD 11.5 billion. By continuing to use our website, you agree to our Privacy Policy Accept, Dedicated marine import capability to tankage. Your price for Delivered in supplies will be subject to delivery costs. Legal Disclaimer and Terms and Conditions of Usage, This website uses cookies or similar technologies, to enhance your browsing experience and provide personalized recommendations. Deepak Maheshwari, CEO of Essar Oil UK said: This new carbon capture plant is the single biggest initiative to decarbonise our processes and a core element to our hugely ambitious decarbonisation strategy. Fulcrum is currently commissioning the world's first commercial waste-to-transportation fuels plant, located in the United States. 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. 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. He is on the Boards of World Steel Association, and the Metals & Mining and Energy industry Committee of the World Economic Forum. Simultaneously, global steel prices started tumbling and reached a historic low of USD 180 per tonne. Essar and the + device are registered trademarks of the Rising Groups Limited, an Essar Group company. He was chairman and chief executive of J&K Bank for five years. Dockers at Stanlow refinery in Cheshire have refused to unload a shipment of Russian oil. Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. Stanlow Terminals Limited Scrap prices were volatile and had to be purchased with precious foreign exchange. Essar again grabbed the opportunity and went on to become Indias largest rig operator in the private sector. 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. 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. All its Suezmax tankers were approved by oil majors, an endorsement that fetches a premium in freight. [1] www.essaroil.co.uk/news/uks-first-refinery-based-hydrogen-furnace-arrives-at-essar/. The site directly employs more than 900 people, with an additional 800 on-site contractors and a further 5,000 people working indirectly within the extended value chain, according to Essar Oil UK's website. Essar Oil UK bought the Stanlow refinery at Ellesmere Port from Shell in 2011. He was appointed as MD & CEO of Essar Shipping, Ports & Logistics Limited in 2010. He is responsible to advise and represent the company for all the legal matters concerning the Energy sector investments and portfolio businesses. Stanlow contributes an estimated 60 million each year to the local economy and will house the UK's first low carbon hydrogen facility. . India Salaya Vizag Stanlow. Even during the downturn in the shipping industry, Essar Shipping registered profits. 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. : +91-22- 66601100 Fax: +91-22-66601809 Write to us : Mumbai Essar Equinox Business Park (Peninsula Techno Park), Off Bandra Kurla Complex, Stanlow. Now, Essar is all set to team up with the new JV partner Vodafone to take growth to the next level. He also served as a member on the Boards of Bharat Shell, and was the managing director of Bharat Oman Refineries Ltd. After a brief stint with Reliance Industries as its advisor, Varma joined Essar Oil as its CEO, Marketing, in 1999. Managing Director, Finance, Infra, Tech & Retail. Rakesh Kankanala is the Managing Director, Managing Director, M&A, Infrastructure, of Essar Capital. Six business areas in the core sectorConstruction, Shipping, Steel, Power, Oil & Gas, and Telecommunicationswere identified as growth drivers for the Group. By 2030, Vertex expects to deliver nearly 4GW of low carbon hydrogen, equivalent to c.40% of the UK Governments national target. Mr Viral Gathani is the Managing Director, Finance, Energy, at Essar Capital. Essar Global Fund invests, builds and nurtures a portfolio of world-class companies through Essar Capital, its investment manager. 4900 Hopyard Road With over 30 years of experience in operational leadership, investment management and business growth across diverse sectors, Srinivasan provides critical evaluation on current and future capital investments. 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 has a strong professional record in streamlining litigation, M&A, turnkey contract management, IPR, project financing, international arbitration and compliance support. He would be responsible for advising and leading the company with regards all investments and opportunities in the metals & mining sector. ian.cotton@essaroil.co.uk and 07805 854169, Jeff Ovens, Managing Director, UK & Europe, jovens@fulcrum-bioenergy.com and 07399 472 650. info@fulcrum-bioenergy.com . Pleasanton, CA 94588. He holds a BA (Hons) in Economics and a Masters in Investment and Finance. 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. In order to lend stability to the Group, Essar planned to enter manufacturing. Intelius does not provide consumer reports and is not a consumer reporting agency as defined by the FCRA. Essar Capital is governed by its board of directors and its responsibilities as investment manager of EGFL include: Essar House, 11 KK Marg, Mahalaxmi, Mumbai 400 034, India. Badrinath Durvasula joined Essar as the Managing Director, Legal, and oversees and advises the legal function for the Energy, Services & Technology sectors. 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. This included an oil terminal at Vadinar with a capacity to receive 32 MTPA of crude, 14 MTPA product dispatch facilities through sea, crude storage facilities, and product dispatch facilities by road and rail. His strength lies in leading new business development opportunities and conducting preliminary due diligence and analysis of emergent companies and partners. In early 2005, Essar restructured the balance sheet and work resumed with renewed vigor on completing the refinery project. Mahalaxmi, In addition, Essar Oil UK operates an integrated terminal and marine facility at Stanlow and Tranmere on behalf Stanlow Terminals. This was not sufficient for the business to achieve and sustain long-term growth. Media contact. Managing Director, Finance, Infra, Tech & Retail, at Essar Capital. 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. He has held several leadership positions at Adani Group, Larson & Toubro Ltd, Binani Industries Ltd. amongst others. 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. Were primed to lead the national charge in the development of changing energy infrastructure and create the UKs first sustainable energy hub. Try LightSource for your strategic sourcing. This brought down the capital cost per tonne of steel, which helped reduce overall cost of production. He is an experienced professional and an industry veteran, with 33 years experience with Tata Steel and 11 years with Jindal Steel & Power. 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. 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. 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. It also enables the import of large parcels of diesel. Mumbai - 400034 Essar is already making rapid progress against its broader decarbonisation targets. Essar Oil UK, which operates Stanlow Refinery, and Fulcrum BioEnergy, based in California, US, have teamed up with Stanlow Terminals to develop the . Essar became the first Indian company to operate in the waters of the Atlantic. He is a part of the Management Committee of Essar Capital. 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. 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. When the power sector was opened up for private participation, Essar was one of the first companies to enter the fray. Additionally, he is also a member of the India-Indonesia CEOs Forum. 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. The Fulcrum venture will complement Essar's wider plans to build a green energy industrial cluster at the Stanlow site. Raj Varma is an Advisor, at Essar Capital. 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. Well do this through a combination of our unique geographical location, decades of experience and a passion for a greener, cleaner planet. Stanlow, 15th February, 2021. Stanlow also plays an important part in Britains petrochemical industry, providing feedstocks such as toluene, propylene and ethylbenzene. 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. Registered office address The Administration Building 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB Company status Active Company type Private limited Company. This debt was refinanced later when the government set up the Power Finance Corporation. 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. It vigorously worked towards restructuring its balance sheet, drawing up a three-pronged strategy to address the issue: Increase capacity, move to value-added segments and bring down finance costs. The company began its operations with the construction of an outer breakwater in Chennai port, an order worth Rs 2.5 crore. Being the largest independent means we can move quickly to meet your bulk liquid storage needs, Unique Refinery Access She has earlier worked with Cipla as Head HR International Business, and has also volunteered with the Akanksha Foundation. Until then, only foreign construction companies would undertake a project of this magnitude and complexity. Srinivasan Vaidyanathan is the Operating Partner, Technology & Retail, at Essar Capital. Michelle Lewis, Corporate Affairs Director, Essar: michelle.lewis@essaroil.co.uk / 07805 854169, Peter Ogden, Powerscourt: essar@powerscourt-group.com / 07793 858 211. . Doaa AboulThomas AbbottSusan AdamsEmilio AbundioBorzu AfshariRay AdamsAnn Addington, Mesa, AZPhoenix, AZChandler, AZScottsdale, AZGilbert, AZ. Essar teamed up with Brown & Root of USA in laying an under-sea pipeline from the offshore Bassein gas field to Hazira. However, Swiss PTT wanted to shut shop as part of its strategy to exit all Asian operations. Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. 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. Firdose Coovadia is an Advisor, Metals & Mining, at Essar Capital. His experience spans several sectors including mining and natural resources, telecommunications, business process outsourcing, infrastructure, healthcare and manufacturing. He also worked at Essar Oil Limited, India, as CEO Marketing & IST, and was responsible for Retail Sales, Direct Sales, Retail Network Expansion, Sourcing Crude, Trading of Petroleum Products and Supply & Distribution in India and Kenya. 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. Sanjay Palve is the Sr. So Essar set up steel manufacturing facilities at Hazira with the objective of gaining value addition. Our sights are firmly set on helping to drive the UK's decarbonisation strategy. 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. 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 . The refinery plays a strategic role in the UK economy, supplying 16% of all road transport fuels. 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. With more than 50 years of experience, he guides Essar through transformations, manages operating functions and leads complex projects. Also, the financial sanctions imposed on India subsequent to the Pokhran nuclear test in May 1998 ensured that Essar was banned from raising FCCBs. 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. In 1999, the government announced a new telecom policy that was more conducive to growth. Jatinder Mehra is the Vice Chairman & Operating Partner of Essar Capital. He is responsible for capital raising, financial performance improvement, risk monitoring and corporate banking.

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