essar stanlow address
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 green energy projects will include an investment of $1.2 billion in green ammonia manufacturing in India. Steel: The uncertainties of a cyclical business. 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. Essar Oil UK and Fulcrum BioEnergy reveal SAF plant plans 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. Essar Capital Limited (Essar Capital) is the investment manager of Essar Global Fund Limited (EGFL). 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. . Essar Ports Limited Essar House, 11, K.K. Rakesh Kankanala is the Managing Director, Managing Director, M&A, Infrastructure, of Essar Capital. He has held key leadership positions at YES Bank Ltd. and ICICI Bank Ltd. Phone. In 2006, Hutchison, too, decided to exit India. 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. By continuing to use our website, you agree to our Privacy Policy Accept, Dedicated marine import capability to tankage. The company approached State Bank of India (SBI), a leading public sector bank in India, for a loan. Contact information for Essar companies in India and worldwide . At the same time, the 8 MTPA iron ore beneficiation plant at Bailadila and the 267-km slurry pipeline were completed. Utilising the world class facilities available at Essar, including the impressive jet fuel storage facility at Stanlow Terminals Limited and direct pipeline to UK airports, Fulcrum, along with its current and future investors, will be able to build and operate its facility more efficiently and sets the 'gold standard' for SAF production by fully integrating its new, low carbon fuel technology directly within an existing refinery.Fulcrum's fuel will enable airlines to reduce their impact on the environment and help put the aviation industry on its path to a more sustainable long-term operation. Essars Indian lenders refused to bail the company out. Over the last five years, EGFL has rebalanced its portfolio by strategically monetising some of the world class assets and businesses built by Essar, which has an entrepreneurial track record of 50 years. The Fulcrum venture will complement Essar's wider plans to build a green energy industrial cluster at the Stanlow site. Shashi Ruia began his career in the family business in 1965 under the guidance of his father, the late Nand Kishore Ruia. 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. His entrepreneurial abilities have enabled the Essar Global portfolio of companies to become one of the leading names in global industry. 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. Box 2260 Tempe, Arizona 85280-2260 To visit us on site: ASU Fulton Center 300 E. University Drive Tempe, AZ . 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. In early 2005, Essar restructured the balance sheet and work resumed with renewed vigor on completing the refinery project. Sr. 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. Prior to joining Essar, he was associated with EY as a Partner for 11 years. Until the mid-1980s, Essar was focused on the service sectors of construction and shipping, which were prone to cyclical volatility. Sustainable aviation fuel plant set for take off at Stanlow - Essar An oil giant has announced plans to invest 1.9bn in Stanlow oil refinery in Cheshire, including establishing a plant to supply industrial hydrogen. 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. 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. Correspondence address The Administration Building, 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB . Essar Ports Limited India Salaya Vizag Stanlow. 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. Sunil is also the President of Wind Independent Power Producers Association. With more than 50 years of experience, he guides Essar through transformations, manages operating functions and leads complex projects. Essar Oil UK to build 360 million carbon capture facility to deliver Patrick Walters, Chief Executive Officer, Stanlow Terminals Limited, said: This landmark announcement of our partnership with Fulcrum after our first year of operations is an excellent example of why Stanlow Terminals Limited was established. Stanlow: Energy giant Essar unveils 2bn plan for low-carbon plant Essar had financed the project through a combination of rupee debt and Floating Rate Notes (FRN)both on a five-year tenure. It monitors and manages the entire portfolio of investments owned by EGFL. This is great news for the North West, with hundreds of jobs created as the region takes the lead in making aviation greener.I hope this is a sign of great things to come as we look forward to a sustainable, low carbon future for aviation, helping us push forward towards our 2050 net-zero target. 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). Vice Chairman & Operating Partner, Metals & Mining, Operating Parter, Infrastructure, MD & CEO, Essar Ports, Sr. He joined Essar as CEO Retail in the year 2010. B.C. Kingsbury Diesel 121.92 ppl, PU10 114.84 ppl. Essar launches EET to invest $3.6 bn in energy transition in UK, India ian.cotton@essaroil.co.uk and 07805 854169, Jeff Ovens, Managing Director, UK & Europe, jovens@fulcrum-bioenergy.com and 07399 472 650. 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. Contact Us | School of Social Transformation - Arizona State University Investing in an end-to-end logistics infrastructure. Badrinath Durvasula joined Essar as the Managing Director, Legal, and oversees and advises the legal function for the Energy, Services & Technology sectors. As Fulcrum's first facility in the United Kingdom, NorthPoint will be located at the Essar Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. Essar Oil UK (EOUK) used the governments pandemic VAT deferral scheme last year, which allowed businesses to delay tax repayments. 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. With over 27 years of work experience in diverse industries ranging from Manufacturing (Metals, Mining & Power Generation) to Services sectors (Commercial Airline and Technology, inclusive of Business Process Outsourcing sectors), he provides strategic direction to the management of the Mesabi Portfolio. The takeover of SCGL has enabled Essar to widen its product base and cater to a larger segment of industries. 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. 11, K.K. For cheapest and greenest transportation of your products, Beyond Storage The power plant was originally conceived to cater to Essar Steels requirements, but was later converted to an independent producer with a capacity of 515 MW. Top-lines crashed, while interest rates were at their highest ever (Prime Lending Rates had touched 17 percent). Bespoke sustainable solutions to suit logistics and supply chain requirements. Last month Essar Oil UK announced its participation in the production of blue hydrogen under the HyNet project. 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 $610 million, Sale of 98% stake in Essar Oil to Roseneft, and Trafigura-led consortium. He is a seasoned professional with over 27 years of experience, including 23 years in international investment banking & private equity. The site was chosen due to its industrial nature, a skilled local workforce and existing refinery infrastructure, including a direct pipeline to Manchester Airport which can be used to transport the sustainable aviation fuel to aircraft. A slew of projects in each of these businesses were initiated in the 1990s when the Indian economy was booming. About Our Company - Essar Essar Oil UK Contact us Contact us How can we help you? In addition to outside contracts, it executed all of Essars internal projects. Essar had contracts with Chevron, Exxon-Mobil, Stat Oil, Shell, etc. The funds from the sale of the tankers were used to buy two very large crude carriers (VLCC) of modern vintage and three Cape-size vessels. Tempe, AZ White Pages. Our sights are firmly set on helping to drive the UK's decarbonisation strategy. As the world comes together to develop innovative ways of generating sustainable energy the supporting storage and transportation infrastructure needs to evolve. Rahul is a seasoned professional with more than 28 years of experience specialising in areas of recasting HR and business processes, right sizing and cost optimisation. Tempe, Arizona white page directory listings include full name, phone number and address. . General enquiry Contact us Commercial enquiry Retail enquiry Purchasing and Supplier Management (PSM) enquiry Careers enquiry General enquiry For general enquiries please write to: Stanlow Refinery Ellesmere Port Cheshire CH65 4HB Or phone Switchboard 0151 350 4000 Since 2010, some of the pioneering investments were proactively monetised for an enterprise value of US$ 40 bn through large transactions with foreign and Indian entities. In 1999, the government announced a new telecom policy that was more conducive to growth. Marg, Mahalaxmi, Mumbai - 400034 Maharashtra, India. 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. REUTERS/Phil Noble LONDON, Nov 30 (Reuters) - Essar Oil UK said on Wednesday it planned. The UKs first low carbon hydrogen facility will be built at Stanlow and will sit at the heart of the HyNet low carbon cluster, to produce a total of 1GW per year of hydrogen, across two units, from 2026. Stanlow, 15th February, 2021. 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. 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. 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. In her last assignment as Chief People Officer Hometown & Ezone, Priya was responsible for driving a transformational HR agenda that focused on organisational culture, building a talent pipeline, and initiating & aligning all people practices to business achievement. He has over 25 years of work experience in the field of M&A and Transactions. 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. Stanlow Terminals to provide storage for UK SAF plant He plays a key role in managing strategic functions of EGFL. Prior to being the Managing Director at Essar Capital, Rakesh has been at leadership positions in Essar Ports. 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.. He is responsible for all HR matters for the Metals & Mining and Services & Technology portfolios. Contact Us. Essar merged these circles into Hutchison Essar to create a telecom major. Contact ; Transforming Logistics; New Offerings; Ports & Terminals. He is respected for his project execution skills, financial expertise and people management capabilities. Vertex Hydrogen is a joint venture between Essar Oil UK and Progressive Energy. The company's spirited involvement in community service . In the second quarter, a devastating cyclone hit the western coast of India damaging several structures in the refinery site. Essar Ports | Stanlow Bulk Terminals Ltd 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. Additionally, he is also a member of the India-Indonesia CEOs Forum. 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 . Fulcrum NorthPoint | Fulcrum BioEnergy All Rights Reserved. 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. Maharashtra, India, Copyright 2021 All rights reserved Retrieved 30 March 2012. . With 18 years of experience, he has also served as the Senior Vice President, International Projects and Corporate Finance, with Essar Services. Operating Parter, Infrastructure & MD & CEO, Essar Ports. 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). Within 18 months after work resumed, Essar began commissioning the refinery in phases. Currently, he heads the country operations of Afrocentric Group in Mauritius and is the Managing Director of Medscheme International. Essar also reentered the contract drilling services business after a hiatus of three years. The experience in contract drilling prompted the Group to venture into the upstream in the Oil sectori.e. He joined Burmah Shell in 1957, also known as Bharat Petroleum Corporation Ltd after it was nationalised, and retired from it as director marketing. Gifts and Donations to: ASU Foundation Attn:Financial Services P.O. Essar continues to be the largest Indian exporter of flat steel. Essar began the process of refinancing one year in advance, in May 1998. Prior to joining Essar, he was the Vice President and General Counsel at Hindustan Construction Company Ltd. With over 15 years of experience in diverse fields including media & publishing, corporate communications. By 2030, Vertex expects to deliver nearly 4GW of low carbon hydrogen, equivalent to c.40% of the UK Governments national target. He is responsible to advise and represent the company for all the legal matters concerning the Energy sector investments and portfolio businesses. 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. Essar Oil UK to build $430 mln carbon capture facility at Stanlow 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. 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. Essar Global Fund invests, builds and nurtures a portfolio of world-class companies through Essar Capital, its investment manager. Low carbon hydrogen will be produced at the Stanlow Manufacturing Complex located in Ellesmere Port, Cheshire. 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. 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. EGFL has a globally benchmarked robust risk and regulatory framework. 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. Mr Naushad Ansari is Managing Director, Business Development, at Essar Capital. Stanlow | Essar Oil Uk Registered office address The Administration Building 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB Company status Active Company type Private limited Company. You may not use any information obtained from Intelius for any purpose covered by the FCRA. Ellesmere Port, Cheshire, She has more than 23 years of experience in Human Resources, having worked across industries like Manufacturing, Pharma, IT and Retail. Prashant holds key positions on several prestigious regulatory and professional boards. 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. He has also advised boards and management on major transactions in 34 countries. Essar is already making rapid progress against its broader decarbonisation targets. By 2006, all the circles were under one umbrellaHutchison Essar Limited. Box 874308 Main phone: 480-965-7682 Fax: 480-965-9199 Undergraduate & Graduate Advising. Vikash Saraf is the non-executive director of Essar Capital. 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. He is a strong business development professional with a Mechanical Engineering Degree from Aligarh Muslim University. 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. Mr Deepak Sogani joined ESSAR in August 2020 as Managing Director Finance, Essar Capital, the investment manager for Essar Global Fund Limited (EGFL). Hutchison Essars subscriber base, too, has risen from 1,50,000 to 28 million. Suite 220 He is responsible for investigation, analysis and assessment of risk, and accordingly design and implement strategies and processes which mitigate these threats. A fleet of 13 onshore rigs and a semi-submersible rig were deployed with clients in India and abroad. Prior to joining Essar, he was the CEO of Religare Finvest Limited (RFL) and the Managing Director of Religare Housing Development Finance Corporation (RHDCL). Essar House, 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. In 2012, he was awarded an excellence award for his contribution to renewable energy and sustainability by the Energy and Environment Foundation. In this way, the share of value-added products increased from 35 percent to 70 percent of total production. CH65 4BD, United Kingdom, UKs Largest All Rights Reserved. Vessel handling, product discharge, processing, blending and more, Connectivity Solutions Unlike other fuel technologies currently being considered by industry, the use of SAF does not require changes to aircraft, engines, or airport infrastructure. He has held key leadership positions at Jindal Steel & Power Ltd, Jet Airways, Essar and Dell international. At that price, steel plant operations were simply unsustainable. All Rights Reserved. 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. 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. Intelius does not provide consumer reports and is not a consumer reporting agency as defined by the FCRA. Anshuman Ruia is known for his financial expertise and project execution skills. Simultaneously, global steel prices started tumbling and reached a historic low of USD 180 per tonne. Address. But this was not sufficient to meet its debt obligations. Both these factors led to a stoppage of work at the refinery, The Mid-2000s: Resurrecting the Essar Oil Refinery. Thus Essar was able to build one of the most valuable telecom companies in the world. For SBI, the proposal posed a real challenge since it involved a first-of-its-kind transaction for the bank as well! Essar Oil (UK) Limited 2021. As a result of that work over the past few months, EOUK has $1.1bn [800m] in liquidity secured. 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.