Viral has held key leadership positions at Vedanta Resources Plc, CIMB Securities/ Royal Bank of Scotland, Warburg Pincus, Citigroup, and Credit Suisse. 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. In his avatar as editor of a business daily, he also made his mark as a widely respected and incisive columnist on macroeconomics, fiscal and monetary policy. 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. 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. It also complements the announcement last month regarding a blue hydrogen development at Stanlow as part of the HyNet project. Shashi Ruia began his career in the family business in 1965 under the guidance of his father, the late Nand Kishore Ruia. The company is a major supplier in the North West and beyond, with customers including most of the major retail brands operated by international oil . Most Recent Shipment: 04/07/2022 (Database Updated . 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. She has more than 23 years of experience in Human Resources, having worked across industries like Manufacturing, Pharma, IT and Retail. The Late 1980s: Foray into core sector manufacturing. He is a strong business development professional with a Mechanical Engineering Degree from Aligarh Muslim University. 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. Inside the Plant At a Glance. It owned 11 land rigs, one offshore rig and a drill ship. Tempe, AZ White Pages. The plant has a high availability factor of 99 percent. 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. 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. The construction and shipping businesses grew rapidly and Essar gradually established itself as a leading marine and industrial construction company. Intelius does not provide consumer reports and is not a consumer reporting agency as defined by the FCRA. Essar braced itself for the oncoming challenge. 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. 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. Harnessing our expertise and experience, ambition and can-do approach, we contribute to a more sustainable society while providing value propositions to our partners by simplifying their supply chains. 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. 11, K.K. Contact Us. He also ensures the successful delivery of the organisations corporate and business plans and desired outcomes. In order to lend stability to the Group, Essar planned to enter manufacturing. Essar Ports Limited Essar House, 11, K.K. exploration & productionand downstream, into refining. 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 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. 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. Sanjay Palve is the Sr. 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. 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. Phone. Doaa AboulThomas AbbottSusan AdamsEmilio AbundioBorzu AfshariRay AdamsAnn Addington, Mesa, AZPhoenix, AZChandler, AZScottsdale, AZGilbert, AZ. As the world comes together to develop innovative ways of generating sustainable energy the supporting storage and transportation infrastructure needs to evolve. He is an experienced professional and an industry veteran, with 33 years experience with Tata Steel and 11 years with Jindal Steel & Power. 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. 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.. EGFL is now poised to transition its existing assets towards a greener economy and invest in businesses which will transform sector landscapes from carbon to a clean energy ecosystem. This is equivalent to the domestic heating energy used by a major British city region, such as Liverpool. 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. Production started in November 2006 with a capacity of 7.5 MTPA. Having started his career with HPCL, he worked with National Oil Nigeria, Reliance Industries Ltd., TotalFinaELF and Gulf Oil India. Pleasanton, CA 94588. 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. 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. Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. 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. All Rights Reserved. Operating Parter, Infrastructure & MD & CEO, Essar Ports. Priya Chakravarty is the Senior Director, HR, at Essar Capital. 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). Role Active Director Date of birth July 1961 This will be the first Fulcrum plant outside the United States. Mahalaxmi, Mumbai - 400034 Prashant is part of the second generation of the Ruia family that founded Essar. . He has a strong professional record in streamlining litigation, M&A, turnkey contract management, IPR, project financing, international arbitration and compliance support. 2023 PeopleConnect, Inc. d/b/a Addresses.com. 20 August 2011. 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). 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. Essar again grabbed the opportunity and went on to become Indias largest rig operator in the private sector. REUTERS/Phil Noble LONDON, Nov 30 (Reuters) - Essar Oil UK said on Wednesday it planned. Bespoke sustainable solutions to suit logistics and supply chain requirements. By continuing to use our website, you agree to our Privacy Policy Accept, Dedicated marine import capability to tankage. The company began its operations with the construction of an outer breakwater in Chennai port, an order worth Rs 2.5 crore. All its Suezmax tankers were approved by oil majors, an endorsement that fetches a premium in freight. Prior to Essar, he was the CEO & Executive Director of Hero Future Energies Pvt Ltd. Work on the refinery began in 1994, and by 1995, the necessary funding was in place. In addition, in an honorary capacity, Adithya is currently the Senior Vice President at the India Chapter of Institute of Internal Auditors Inc, USA and President elect for 2021 22. He has held several senior management positions within the financial services industry over the past twenty-two years with experience in stockbroking, investment and treasury management, corporate and fund administration and insurance mainly in Mauritius and Canada. Mr Sogani helps manage Essar Capital investments in the portfolio companies of metals & mining sector. At that price, steel plant operations were simply unsustainable. By 2006, all the circles were under one umbrellaHutchison Essar Limited. This debt was refinanced later when the government set up the Power Finance Corporation. As Fulcrum's first facility in the United Kingdom, NorthPoint will be located at the Essar Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. In this business, too, Essar kept refinancing the debt to reduce finance costs. All Rights Reserved. In the second quarter, a devastating cyclone hit the western coast of India damaging several structures in the refinery site. The 1980s: Supporting Indias nascent exploration sector. In 2005, when the vessel rates peaked, Essar sold its five Suezmax tankers at the price at which they were bought in 1994. 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. Tempe, Arizona white page directory listings include full name, phone number and address. Email address: SSTAdvising@asu.edu / SSTGradAdvising@asu.edu Phone: 480-965-7682 Location: Advising offices are located in 777 Novus, Suite . Work on the refinery was progressing as per schedule till the first quarter of 1998. Correspondence address The Administration Building, 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB . Thangapandian Srinivasalu currently serves as the Advisor for investments in the Energy sector at Essar Capital. Hazira was also the land fall point for gas from the Bassein gas field in Bombay High. Stanlow, 15th February, 2021. In order to improve the efficiency, Essar Steel bought Stemcors 51 percent stake in HyGrade Pellets Limited, the pellet making venture of Essar. Intelius reports cannot be used for background checks related to consumer credit, insurance, employment, housing or any other purpose prohibited under the FCRA. Essar Energy locked in negotiations with HMRC over VAT payment delayed because of pandemic. If you would like a quote for delivery . After a fierce round of bidding that involved several corporations, Vodafone bought the Hutchison stake valued at USD 11.5 billion. He is a seasoned professional with over 27 years of experience, including 23 years in international investment banking & private equity. Copyright 2023 Essar. They primarily export from United States with 17 shipments . 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. 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. M: +44 (0)7805 854 169 E: ian.cotton@essaroil.co.uk . epl.secretarial . 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. Our ambition is to become a leading low carbon refinery. What started out with an initial investment of USD 800 million had reached a valuation of USD18.8 billion in just six years. 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 bought Stanlow in 2011 An oil giant has announced plans to invest 1.9bn in Stanlow oil refinery in Cheshire, including establishing a plant to supply industrial hydrogen. Rajiv was awarded the designation of Canadian Investment Manager by the Canadian Securities Institute in 2006. The Essar Group was established by Mr. Shashi Ruia and Mr. Ravi Ruia in 1969, in South India. 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. Essar Oil UK, which operates Stanlow Refinery, and Fulcrum BioEnergy, based in California, US, have teamed up with Stanlow Terminals to develop the . The Manchester Ship Canal that connects Liverpool to Manchester also provides further hinterland water connection to North West UK. Stanlow Terminals Limited Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4BD United Kingdom . Were primed to lead the national charge in the development of changing energy infrastructure and create the UKs first sustainable energy hub. 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. Firdose Coovadia is an Advisor, Metals & Mining, at Essar Capital. Hutchison Essars subscriber base, too, has risen from 1,50,000 to 28 million. With over 32 years of work experience in the technological sector, Alok leads all new capital investment recommendations to the companys board. Choose Additional Cities in Arizona by Selecting the First Letter of the City. The company is a major supplier in the North West and beyond with customers including most of the major retail brands operated by international oil companies and supermarkets, Manchester Airport, leading commercial airlines and the regions trains and buses. Sale to Brookfield Asset Management Company, 10 MTPA integrated steel manufacturing complex. India in those days had secondary steel makers who used imported scrap to produce steel. Your price for Delivered in supplies will be subject to delivery costs. Ian Cotton, Head of Communications and Community. Essar Stanlow's top supplier is Refined Technologies with 17 shipments. School of Social Transformation. Following this maiden contract, Essar bagged projects at every major port in the country, including Tuticorin, Mangalore, Goa, Kakinada and Nhava-Sheva in Mumbai.
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