essar stanlow address

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. A fleet of 13 onshore rigs and a semi-submersible rig were deployed with clients in India and abroad. If you would like a quote for delivery . Essar Oil UK bought the Stanlow refinery at Ellesmere Port from Shell in 2011. 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. The Manchester Ship Canal that connects Liverpool to Manchester also provides further hinterland water connection to North West UK. He plays a key role in managing strategic functions of EGFL. Essar then acquired licenses for Eastern UP, Rajasthan, Haryana and Punjab. 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). 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. As a result, while most shipping companies in India were making losses in the 80s, Essar was reaping profits. 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. A general view of Essar Oil UK's Stanlow oil refinery near Ellesmere Port, Britain, September 27, 2021. The company approached State Bank of India (SBI), a leading public sector bank in India, for a loan. Vikash Saraf is the non-executive director of Essar Capital. However, Essars chosen policy was to get into areas of import substitution, high technology and national importance. ian.cotton@essaroil.co.uk and 07805 854169, Jeff Ovens, Managing Director, UK & Europe, jovens@fulcrum-bioenergy.com and 07399 472 650. Worse was to follow. Mumbai Essar Essar House 11, Keshavrao Khadye Marg Mahalaxmi Mumbai 400 034 Maharashtra, India Tel. Essar had contracts with Chevron, Exxon-Mobil, Stat Oil, Shell, etc. It involved buying an asset against the securitisation of receivables. 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. As part of the backward integration, a 4 MTPA pellet plant was set up in Visakhapatnam; forward integration was achieved with a 2 MTPA steel plant. Steel: The uncertainties of a cyclical business. In order to improve the efficiency, Essar Steel bought Stemcors 51 percent stake in HyGrade Pellets Limited, the pellet making venture of Essar. Essar did not succumb to the pressure. 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. Pleasanton, CA 94588. Essar House, A slew of projects in each of these businesses were initiated in the 1990s when the Indian economy was booming. It still owes 223m, and was reportedly due to start repayments this week. Around the mid-1980s, the Government also opened up the contract drilling business to Indian private companies. Now, Essar is all set to team up with the new JV partner Vodafone to take growth to the next level. 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 her earlier stint with Essar, Priya has worked at Senior Management roles, initially with Essar Oil and then as Head International HR (Corporate HR). Essar wanted to buy out Hutchisons stake and tied up a line of credit of over USD 11 billion. When the power sector was opened up for private participation, Essar was one of the first companies to enter the fray. 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. As the world comes together to develop innovative ways of generating sustainable energy the supporting storage and transportation infrastructure needs to evolve. 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. By continuing to use our website, you agree to our Privacy Policy Accept, Dedicated marine import capability to tankage. Prashant holds key positions on several prestigious regulatory and professional boards. This debt was refinanced later when the government set up the Power Finance Corporation. 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 India Salaya Vizag Stanlow. Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. . Our sights are firmly set on helping to drive the UK's decarbonisation strategy. The steel generation capacity at the Hazira plant was raised from 2 MTPA to 2.4 MTPA through de-bottlenecking. The Fulcrum venture will complement Essar's wider plans to build a green energy industrial cluster at the Stanlow site. 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. Marg, He Joined Essar in 1997 as COO in Essar Telecom and was the Executive Director of Essar Shipping Limited from 1998-2002. Correspondence address Essar Oil (uk) Limited, Lansdowne House - 2nd Floor East, Berkeley Square, London, England, W1J 6ER . 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. 11, K.K. Sale to Brookfield Asset Management Company, 10 MTPA integrated steel manufacturing complex. Essar merged these circles into Hutchison Essar to create a telecom major. The UKs 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. Raj Varma is an Advisor, at Essar Capital. Choose Additional Cities in Arizona by Selecting the First Letter of the City. He was appointed as MD & CEO of Essar Shipping, Ports & Logistics Limited in 2010. . 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 takeover of SCGL has enabled Essar to widen its product base and cater to a larger segment of industries. India Salaya Vizag Stanlow. A new value-centric growth strategy based on Entrepreneurship, Expertise and Experience along with a robust governance system and structure will deliver superior returns, sustainably. 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. 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 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. His strength lies in leading new business development opportunities and conducting preliminary due diligence and analysis of emergent companies and partners. 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. With 18 years of experience, he has also served as the Senior Vice President, International Projects and Corporate Finance, with Essar Services. . exploration & productionand downstream, into refining. Stanlow also plays an important part in Britains petrochemical industry, providing feedstocks such as toluene, propylene and ethylbenzene. [1] www.essaroil.co.uk/news/uks-first-refinery-based-hydrogen-furnace-arrives-at-essar/. By this time, all of Essars businesses had grown significantly and the time had come for managing each business as an independent company. 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. 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. Until the mid-1980s, Essar was focused on the service sectors of construction and shipping, which were prone to cyclical volatility. 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. Even during the downturn in the shipping industry, Essar Shipping registered profits. as panic buying hits forecourts across the country. 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. Around this time, Bombay High had just started producing oil, which needed to be transported onshore. Stanlow Diesel 121.87 ppl, PU10 114.81 ppl. 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. 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. Thangapandian Srinivasalu currently serves as the Advisor for investments in the Energy sector at Essar Capital. The Essar Group was established by Mr. Shashi Ruia and Mr. Ravi Ruia in 1969, in South India. Prior to being the Managing Director at Essar Capital, Rakesh has been at leadership positions in Essar Ports. This innovative bio-refinery will convert several hundred thousand tonnes of pre-processed waste, which would have otherwise been destined for incineration or landfill, into approximately 100 million litres of low carbon SAF annually. Pleasanton, CA 94588. Six business areas in the core sectorConstruction, Shipping, Steel, Power, Oil & Gas, and Telecommunicationswere identified as growth drivers for the Group. 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. Strategic investments in setting up world-class facilities in Steel, Power, Ports, Oil and Gas. Eventually, the loan was sanctioned, with a repayment structure that was unique for its time. Essar Oil (UK) Ltd is committed to playing a key role in the decarbonisation of the UK economy, with ambitious plans to build an energy transition cluster at Stanlow. 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. Such emission reductions are approximately 70% and have the future potential to be fully carbon neutral. Essar Global Fund Limited (EGFL), set up in 2005, invests in building and nurturing assets, and creating value in the core sectors of Energy, Infrastructure & Logistics, Metals & Mining and Technology & Retail. Correspondence address The Administration Building, 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB . In 2005, when the government came out with the unified licensing scheme, the JV started merging all the telecom circles. Subsequent to the HyGrade takeover, the pellet making capacity was enhanced to 8 MTPA. 4900 Hopyard Road Within 18 months after work resumed, Essar began commissioning the refinery in phases. In this way, the share of value-added products increased from 35 percent to 70 percent of total production. Contact Us. Scrap prices were volatile and had to be purchased with precious foreign exchange. 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. Stein Ivar Bye, Chief Executive Officer, Essar Oil UK, commented: Stanlow has produced high quality energy products for over 60 years and we intend to remain a key national supplier of energy for the UK into the future. Left with no option, Essar was forced to default on the FRN loan, despite having made concrete plans for refinancing. Tempe, Arizona white page directory listings include full name, phone number and address. 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. He has also advised boards and management on major transactions in 34 countries. 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. Address. He established PetroFina in India and was part of the team that launched Gulf Oil in India post opening up of the market. With over 15 years of experience in diverse fields including media & publishing, corporate communications. As Fulcrum's first facility in the United Kingdom, NorthPoint will be located at the Essar Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. 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. Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. With more than 50 years of experience, he guides Essar through transformations, manages operating functions and leads complex projects. 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. Fulcrum is actively developing Fulcrum NorthPoint at the Essar Stanlow Manufacturing Complex in Cheshire, in the North West of England. He has held key leadership positions at YES Bank Ltd. and ICICI Bank Ltd. Doaa AboulThomas AbbottSusan AdamsEmilio AbundioBorzu AfshariRay AdamsAnn Addington, Mesa, AZPhoenix, AZChandler, AZScottsdale, AZGilbert, AZ. The Stanlow refinery supplies about a sixth of the UKs road fuel. Firdose Coovadia is an Advisor, Metals & Mining, at Essar Capital. Inside the Plant At a Glance. All these projects helped transform Essar Constructions into a leading EPC contractor. There was an FCCB (Foreign Currency Convertible Bonds) component that needed to be raised abroad in the latter half of 1998. CH65 4BD, United Kingdom, UKs Largest 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. Prashant is part of the second generation of the Ruia family that founded Essar. 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. Managing Director, Finance, Infrastructure, Technology & Retail, Managing Director, Business Development, Metals & Mining, Download Corporate Film(Extended Version). School of Social Transformation. Vikash is also a member of the Management Committee of Essar Capital. This is equivalent to the domestic heating energy used by a major British city region, such as Liverpool. They primarily export from United States with 17 shipments . As a result of that work over the past few months, EOUK has $1.1bn [800m] in liquidity secured. This will be the first Fulcrum plant outside the United States. He has worked as an Economic Advisor, and the principal economic policy maker at the state level for seven years. 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. His experience spans several sectors including mining and natural resources, telecommunications, business process outsourcing, infrastructure, healthcare and manufacturing. Not one to lag behind, Essar seized every opportunity that came its way. Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk, Original reporting and incisive analysis, direct from the Guardian every morning. 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. It monitors and manages the entire portfolio of investments owned by EGFL. Tempe, Arizona white page directory listings include full name, phone number and address. The construction and shipping businesses grew rapidly and Essar gradually established itself as a leading marine and industrial construction company. However, Swiss PTT wanted to shut shop as part of its strategy to exit all Asian operations. He has led natural resources sector businesses for major investment banks globally. 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. Maharashtra, India, Copyright 2021 All rights reserved Mr Deepak Sogani joined ESSAR in August 2020 as Managing Director Finance, Essar Capital, the investment manager for Essar Global Fund Limited (EGFL). 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. The development will see Fulcrum, whose parent is based in California, United States, construct, own and operate the plant within Essar's Stanlow Manufacturing Complex in the North West of England. 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. He has overseen Essars BPO and Power businesses, Smiti is a self-driven business leader and a true entrepreneur at heart. Essar was founded in 1969 by his father, Shashi Ruia and uncle Ravi Ruia. In 1999, the government announced a new telecom policy that was more conducive to growth. In addition, Essar Oil UK operates an integrated terminal and marine facility at Stanlow and Tranmere on behalf Stanlow Terminals. Media contact. 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. 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. Aviation is one of the most hard to decarbonise transport sectors and sustainable aviation fuel is a key enabler for the reduction of carbon emissions. 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. Intelius does not provide consumer reports and is not a consumer reporting agency as defined by the FCRA. Email. 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. The pipe laying division of the company was certified at ISO 9002. The company received underwriting commitments from Chase and Lehman Brothers. Essar teamed up with Brown & Root of USA in laying an under-sea pipeline from the offshore Bassein gas field to Hazira. Essar Oil UK (EOUK) used the governments pandemic VAT deferral scheme last year, which allowed businesses to delay tax repayments. He brings with him 39 years of experience, and has extensive experience in the renewable energy sector. Madhus expertise lies in the area of mergers & acquisition, fund raising, investor relations, and operations management, and leads future capital investment recommendations to Essar Capitals Board of Directors. All companies under the TTP have been given until January 2022 to meet their commitments. 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. 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). It also enables the import of large parcels of diesel.