essar stanlow address

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 its Suezmax tankers were approved by oil majors, an endorsement that fetches a premium in freight. It that happened, the refinery would be likely to be taken on by the official receiver, to keep the refinery running. 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. In this business, too, Essar kept refinancing the debt to reduce finance costs. He is an experienced professional and an industry veteran, with 33 years experience with Tata Steel and 11 years with Jindal Steel & Power. All these activities were consolidated under Essar Shipping and Logistics Limited. Viral has held key leadership positions at Vedanta Resources Plc, CIMB Securities/ Royal Bank of Scotland, Warburg Pincus, Citigroup, and Credit Suisse. as panic buying hits forecourts across the country. 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. Subsequent to the HyGrade takeover, the pellet making capacity was enhanced to 8 MTPA. She has more than 23 years of experience in Human Resources, having worked across industries like Manufacturing, Pharma, IT and Retail. Most Recent Shipment: 04/07/2022 (Database Updated . Object reference not set to an instance of an object. The Fulcrum venture will complement Essar's wider plans to build a green energy industrial cluster at the Stanlow site. 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. Located near Ellesmere Port in north west England, the Stanlow refinery is the second largest in the UK. This is equivalent to the domestic heating energy used by a major British city region, such as Liverpool. Essar Oil UK Contact us Contact us How can we help you? He also has rich experience in leading change management, cultural transformation, organisational redesign and restructuring. Choose Additional Cities in Arizona by Selecting the First Letter of the City. Essar is building assets & creating value in new promising markets right from services to retail in India and internationally. All Rights Reserved. He is a seasoned professional with over 27 years of experience, including 23 years in international investment banking & private equity. Intelius reports cannot be used for background checks related to consumer credit, insurance, employment, housing or any other purpose prohibited under the FCRA. The Stanlow project, named Fulcrum NorthPoint, will create 800 direct and indirect jobs during the design, build and commissioning process and over 100 permanent jobs during its operation. After a fierce round of bidding that involved several corporations, Vodafone bought the Hutchison stake valued at USD 11.5 billion. For Essar's Stanlow Terminals Limited, this is a breakthrough deal to provide dedicated tank capacity for the storage and blending of fuel products from Fulcrum NorthPoint. Essar wanted to buy out Hutchisons stake and tied up a line of credit of over USD 11 billion. He has played an integral role in many landmark private equity transactions and has also managed many regional and global private equity funds. Six business areas in the core sectorConstruction, Shipping, Steel, Power, Oil & Gas, and Telecommunicationswere identified as growth drivers for the Group. Essar braced itself for the oncoming challenge. He is on the Boards of World Steel Association, and the Metals & Mining and Energy industry Committee of the World Economic Forum. CH65 4BD, United Kingdom, UKs Largest 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. Essar Oil UK is committed to helping drive the UK's decarbonisation strategy. 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. Essar teamed up with Brown & Root of USA in laying an under-sea pipeline from the offshore Bassein gas field to Hazira. Gifts and Donations to: ASU Foundation Attn:Financial Services P.O. 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. He is respected for his project execution skills, financial expertise and people management capabilities. exploration & productionand downstream, into refining. Vice Chairman & Operating Partner, Metals & Mining, Operating Parter, Infrastructure, MD & CEO, Essar Ports, Sr. 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. Additionally, he is also a member of the India-Indonesia CEOs Forum. Vertex's low carbon hydrogen production plant will be a core part of the HyNet low carbon cluster. The project was funded by Indian financial institutions and the ECB. Jatinder Mehra is the Vice Chairman & Operating Partner of 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). 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. Today, the Hazira power plant has two power purchase agreementsone with the Gujarat State Electricity Board and the second with Essar Steel. He is a strong business development professional with a Mechanical Engineering Degree from Aligarh Muslim University. Rahul Taneja is the Managing Director, Human Capital at Essar Capital. Managing Director, Finance, Infra, Tech & Retail. 20 August 2011. Fulcrum is actively developing Fulcrum NorthPoint at the Essar Stanlow Manufacturing Complex in Cheshire, in the North West of England. By this time, all of Essars businesses had grown significantly and the time had come for managing each business as an independent company. However, the recovery from the pandemic has been slower than predicted, the company said, adding that it hopes for a resolution soon. The combined cycle power plant was state-of-the-art and was capable of using multi fuel with technology from General Electric, Hanjung and Siemens. India in those days had secondary steel makers who used imported scrap to produce steel. In this way, the share of value-added products increased from 35 percent to 70 percent of total production. 4900 Hopyard Road 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. 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. He has led natural resources sector businesses for major investment banks globally. Additionally, he has held leadership positions at IAA Healthcare, Metropolitan Insurance, CIM Global Business, CIM Asset Management, Ireland Blyth Limited and HSBC respectively. M: +44 (0)7805 854 169 E: ian.cotton@essaroil.co.uk . 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. Hazira was also the land fall point for gas from the Bassein gas field in Bombay High. You may not use any information obtained from Intelius for any purpose covered by the FCRA. 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. With over 32 years of work experience in the technological sector, Alok leads all new capital investment recommendations to the companys board. Earlier on he has worked with TCS in the beginning of his career. Prior to joining Essar, he has worked with Caf Coffee Day and UB Spirits. Essar then acquired licenses for Eastern UP, Rajasthan, Haryana and Punjab. He joined Essar in early 2000 and has played a key role on strategic investments of Essar in core economy and infrastructure sectors. An offering that prides itself in the highest levels of safety to protect our people, your people and the communities we operate in. 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. All of its portfolio companies share the Funds ESG centric value system, reflecting the philosophy of placing people before profit. Such emission reductions are approximately 70% and have the future potential to be fully carbon neutral. Thangapandian Srinivasalu currently serves as the Advisor for investments in the Energy sector at Essar Capital. Steel: The uncertainties of a cyclical business. Media contact. With more than 50 years of experience, he guides Essar through transformations, manages operating functions and leads complex projects. At Stanlow Terminals, we pride ourselves on being flexible to our customers' needs, with a market leading storage offering. Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. Mr Mehra is involved in various Essar initiatives in areas of Business Strategy, Investments, Corporate Governance, Risk Management and Sustainability. He has held several leadership positions at Adani Group, Larson & Toubro Ltd, Binani Industries Ltd. amongst others. 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. Earlier this year, it announced its participation in production of blue hydrogen under the HyNet project. The remainder of our products leave via the Manchester Ship canal, The energy recovery plant processes both liquid and solid waste and is capable of generating 350 tonnes of steam every day for refinery use, Products manufactured by chemicals produced at Stanlow are used in the manufacture offoams for furniture and bedding, artificial sports tracks, ski suits and waterproof leisure wear. 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. 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. Later, it went on to buy a specialized pipe-laying barge to undertake this kind of activity. Many steel companies at that time went down under. His entrepreneurial abilities have enabled the Essar Global portfolio of companies to become one of the leading names in global industry. Contact ; Transforming Logistics; New Offerings; Ports & Terminals. 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 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). 2023 PeopleConnect, Inc. d/b/a Addresses.com. 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. As the world comes together to develop innovative ways of generating sustainable energy the supporting storage and transportation infrastructure needs to evolve. Essar Oil UK, which is being advised by EY, also insists it has made considerable progress to strengthen its financial position and agree new financing. The commissioning was completed in October 1997. 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. Around this time, Bombay High had just started producing oil, which needed to be transported onshore. Sale to Brookfield Asset Management Company, 10 MTPA integrated steel manufacturing complex. This led to financial sanctions being imposed on India and Indian companies no longer had access to foreign funds. 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. He is responsible for all HR matters for the Metals & Mining and Services & Technology portfolios. Shashi Ruia began his career in the family business in 1965 under the guidance of his father, the late Nand Kishore Ruia. Essar Energy locked in negotiations with HMRC over VAT payment delayed because of pandemic. Similarly, Essar Bulk Terminal was set up to create bulk terminal facilities at Hazira and other ports. The project has been selected by BEIS as a Phase-2 winner in the CCUS cluster sequencing process earlier this summer, and as such, is currently progressing through the due diligence stage. 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. Stanlow contributes an estimated 60 million each year to the local economy and will house the UK's first low carbon hydrogen facility. 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. 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. What started out with an initial investment of USD 800 million had reached a valuation of USD18.8 billion in just six years. Tempe, Arizona white page directory listings include full name, phone number and address. Essars energy transition strategy is based on five principles: running the core Stanlow refining processes as efficiently and safely as possible; decarbonising Stanlows operations; building a hydrogen future through the launch of Vertex Hydrogen (Vertex) and as a key part of the HyNet consortium; developing green fuels (including Sustainable Aviation Fuels); and establishing the UKs largest biofuels storage facility through Stanlow Terminals Limited. The sponge iron plant became a hugely successful venture. In those early days of the telecom boom in India, effective policies were lacking and private telecom businesses were faced with several problems. Plant owner Essar is also investing in a . 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. In 2005, when the vessel rates peaked, Essar sold its five Suezmax tankers at the price at which they were bought in 1994. This will be the first Fulcrum plant outside the United States. Marg, Mr Deepak Sogani joined ESSAR in August 2020 as Managing Director Finance, Essar Capital, the investment manager for Essar Global Fund Limited (EGFL). Email. Tempe, Arizona white page directory listings include full name, phone number and address. The steel generation capacity at the Hazira plant was raised from 2 MTPA to 2.4 MTPA through de-bottlenecking. By using SAF derived from residual domestic household and commercial waste, greenhouse gas emissions are reduced significantly on a lifecycle basis when compared to fuels produced from conventional crude oil. Correspondence address Essar Oil (uk) Limited, Lansdowne House - 2nd Floor East, Berkeley Square, London, England, W1J 6ER . 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. For SBI, the proposal posed a real challenge since it involved a first-of-its-kind transaction for the bank as well! In early 2005, Essar restructured the balance sheet and work resumed with renewed vigor on completing the refinery project. Essar began the process of refinancing one year in advance, in May 1998. So Essar set up steel manufacturing facilities at Hazira with the objective of gaining value addition. All these projects helped transform Essar Constructions into a leading EPC contractor. Essar Oil (UK) Limited 2021. Around the mid-1980s, the Government also opened up the contract drilling business to Indian private companies. An MBA from IIM Lucknow, Rakesh is a qualified Engineer from NIT, and brings with him 13 years of experience. Stanlows reconfigured and optimised single train operation delivers significant upgrading capability and produces an above average proportion of middle distillates, principally diesel and jet fuel, helping to addressthe significant and growing deficit in the UK and Europe. Correspondence address The Administration Building, 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB . 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, 15th February, 2021. Last month Essar Oil UK announced its participation in the production of blue hydrogen under the HyNet project. 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. Hutchison Essars subscriber base, too, has risen from 1,50,000 to 28 million. Essar Oil UK, which operates Stanlow Refinery, and Fulcrum BioEnergy, based in California, US, have teamed up with Stanlow Terminals to develop the . Prior to joining Essar, he was associated with EY as a Partner for 11 years. Marg, Mahalaxmi, Mumbai - 400034 Maharashtra, India. 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. 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. Were primed to lead the national charge in the development of changing energy infrastructure and create the UKs first sustainable energy hub. However, Swiss PTT wanted to shut shop as part of its strategy to exit all Asian operations. He was the Chief Executive Officer and Board Member at Essar Oil UK Limited. Essar Oil UK (EOUK) used the governments pandemic VAT deferral scheme last year, which allowed businesses to delay tax repayments. Just before the issue was launched, India tested the nuclear bomb at Pokhran. In order to improve the efficiency, Essar Steel bought Stemcors 51 percent stake in HyGrade Pellets Limited, the pellet making venture of Essar. Managing Director, Finance, Infra, Tech & Retail, at Essar Capital. 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. Even during the downturn in the shipping industry, Essar Shipping registered profits. However, Essars chosen policy was to get into areas of import substitution, high technology and national importance. 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. 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. Stanlow, 25 th May 2021: A new project that forms part of Essar's plans to decarbonise the Stanlow Refinery in North West England has secured a 7.2m grant from the Industrial Energy Transformation Fund. The promoters could foresee the demand, a vision that paid rich dividends. Essar says it is in positive discussions with HMRC for a short extension to its time-to-pay (TTP) arrangement agreed earlier this year, having repaid 547m of the 770m originally deferred. 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. 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). Plant owner. Essar Energy. Fulcrum is currently commissioning the world's first commercial waste-to-transportation fuels plant, located in the United States. Essar is investing to make our refinery at Stanlow, the UKs first low carbon refinery. The takeover of SCGL has enabled Essar to widen its product base and cater to a larger segment of industries. 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. Recently, he was also awarded Business Leader of the Year in the NBFC segment by ET Now. Managing Director, Finance, Infrastructure, Technology & Retail, Managing Director, Business Development, Metals & Mining, Download Corporate Film(Extended Version). Essar again grabbed the opportunity and went on to become Indias largest rig operator in the private sector. Essar Group on Monday announced a fresh investment of $3.6 billion in setting up an Essar Energy Transition (EET) to spearhead green energy transition projects in the UK and India. In addition, Essar Oil UK operates an integrated terminal and marine facility at Stanlow and Tranmere on behalf Stanlow Terminals. Rakesh Kankanala is the Managing Director, Managing Director, M&A, Infrastructure, of Essar Capital. 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. We unlock trapped value for energy partners feeling shackled by a lack of innovation and the status quo by maximising our flexible, end-to-end, safe and agile approach to logistics solutions management. 925.730.0150. 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. Regular ferry services connect Stanlow from Liverpool and Holyhead to Ireland, Isle of Man, Northern Ireland and northern Spain. Stanlow Terminals Limited Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4BD United Kingdom . He is responsible for capital raising, financial performance improvement, risk monitoring and corporate banking. EOUK had agreed to an accelerated schedule to make this payment. The Late 1980s: Foray into core sector manufacturing. Essar Oil UK is a leading UK-focused downstream energy company whose main asset is the Stanlow Manufacturing Complex, one of the most advanced refineries in Europe and situated close to the major cities of Liverpool and Manchester. By 2006, all the circles were under one umbrellaHutchison Essar Limited. 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. Within 18 months after work resumed, Essar began commissioning the refinery in phases. 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. Copyright 2023 Essar. 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. Not one to lag behind, Essar seized every opportunity that came its way. He has worked as an Economic Advisor, and the principal economic policy maker at the state level for seven years. Address. India Salaya Vizag Stanlow. A fleet of 13 onshore rigs and a semi-submersible rig were deployed with clients in India and abroad. Essar was founded in 1969 by his father, Shashi Ruia and uncle Ravi Ruia. Sunil is also the President of Wind Independent Power Producers Association. 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. Following this maiden contract, Essar bagged projects at every major port in the country, including Tuticorin, Mangalore, Goa, Kakinada and Nhava-Sheva in Mumbai. Essar had financed the project through a combination of rupee debt and Floating Rate Notes (FRN)both on a five-year tenure. At Hazira, a deep draft berth and shipping channel was constructed to enhance the cargo handling capacity by bringing larger vessels alongside the berth. 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. 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. Anshuman Ruia is known for his financial expertise and project execution skills. Our ambition is to become a leading low carbon refinery. He has a strong professional record in streamlining litigation, M&A, turnkey contract management, IPR, project financing, international arbitration and compliance support.

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