Registered office address The Administration Building 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB Company status Active Company type Private limited Company. When commercial production began in 1996, this had fallen to USD 380 per tonne. ESSAR OIL (UK) LIMITED - Find and update company information He is responsible to advise and represent the company for all the legal matters concerning the Energy sector investments and portfolio businesses. Scrap prices were volatile and had to be purchased with precious foreign exchange. His academic research paper on Sustainability and Renewable Consumption Obligation has been presented at forums of international repute. 4900 Hopyard Road Our sights are firmly set on helping to drive the UK's decarbonisation strategy. M: +44 (0)7805 854 169 E: ian.cotton@essaroil.co.uk . 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. His entrepreneurial abilities have enabled the Essar Global portfolio of companies to become one of the leading names in global industry. An offering that prides itself in the highest levels of safety to protect our people, your people and the communities we operate in. Our latest List Price, effective from 2nd March, for Ex Rack sales is as follows. 4900 Hopyard Road Suite 220 Pleasanton, CA 94588. Email address: SSTAdvising@asu.edu / SSTGradAdvising@asu.edu Phone: 480-965-7682 Location: Advising offices are located in 777 Novus, Suite . 20 August 2011. In 1995, a few months after mobile telephony was opened up to private participation, Essar became the first company to start GSM operations in Delhi under the brand name, Essar Cellphones. This is equivalent to the domestic heating energy used by a major British city region, such as Liverpool. ESSAR OIL (UK) LIMITED - Find and update company information 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. Being the largest independent means we can move quickly to meet your bulk liquid storage needs, Unique Refinery Access 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. Subsequent to the HyGrade takeover, the pellet making capacity was enhanced to 8 MTPA. All Rights Reserved. Last month Essar Oil UK announced its participation in the production of blue hydrogen under the HyNet project. E-Telequest, Inc | Tempe, Arizona | Essar G. Ltd 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. 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. This has improved the quality of the ore and reduced the transportation cost. Viral has held key leadership positions at Vedanta Resources Plc, CIMB Securities/ Royal Bank of Scotland, Warburg Pincus, Citigroup, and Credit Suisse. He has also advised boards and management on major transactions in 34 countries. Physical location: 777 Novus, Suite 310AA, Tempe, AZ 85287-4308 Building: Novus Tower, Tempe Campus Mailing address: P.O. 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. Essar also reentered the contract drilling services business after a hiatus of three years. 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. Crude oil is supplied to the refinery via a 15 mile pipeline from the companys Tranmere facility further downstream in the Mersey Estuary. He Joined Essar in 1997 as COO in Essar Telecom and was the Executive Director of Essar Shipping Limited from 1998-2002. In this way, the share of value-added products increased from 35 percent to 70 percent of total production. 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. 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. Earlier this year, it announced its participation in production of blue hydrogen under the HyNet project. He started his career with Escorts Limited where he worked and grew through various roles of operations and business development. The aim was to build a diverse fleet that could help hedge any downturns in the business. He is responsible for all HR matters for the Metals & Mining and Services & Technology portfolios. Stanlow contributes an estimated 60 million each year to the local economy and will house the UK's first low carbon hydrogen facility. His strength lies in leading new business development opportunities and conducting preliminary due diligence and analysis of emergent companies and partners. The Fair Credit Reporting Act ("FCRA") is a federal law that promotes the accuracy, fairness and privacy of information in the files of consumer reporting agencies. Marg, 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 will produce (in its initial phases) 1GW of hydrogen (the equivalent energy use of a large UK city like Liverpool) and capture some 1.8 million tonnes of carbon per annum. 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. However, the recovery from the pandemic has been slower than predicted, the company said, adding that it hopes for a resolution soon. 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. The FRNs were due for refinancing in 1999, the year that marked the end of the five-year term. Eventually, the loan was sanctioned, with a repayment structure that was unique for its time. 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). He is a part of the Management Committee of Essar Capital. He is on the Boards of World Steel Association, and the Metals & Mining and Energy industry Committee of the World Economic Forum. Essar began the process of refinancing one year in advance, in May 1998. For cheapest and greenest transportation of your products, Beyond Storage Essar Constructions grew its activities considerably over the years. 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. 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. An MBA from IIM Lucknow, Rakesh is a qualified Engineer from NIT, and brings with him 13 years of experience. Contact Us. Ravi Ruia belongs to the generation of industrialists who have played a significant role in leading Indias industrial renaissance. Stanlow: Energy giant Essar unveils 2bn plan for low-carbon plant Such emission reductions are approximately 70% and have the future potential to be fully carbon neutral. Essar teamed up with Brown & Root of USA in laying an under-sea pipeline from the offshore Bassein gas field to Hazira. Prior to Essar, he was the CEO & Executive Director of Hero Future Energies Pvt Ltd. 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. Essar Ports Stanlow also plays an important part in Britains petrochemical industry, providing feedstocks such as toluene, propylene and ethylbenzene. 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. Essar did not succumb to the pressure. At Stanlow Terminals, we pride ourselves on being flexible to our customers needs, with a market leading storage offering. Fulcrum BioEnergy | Fulcrum and Essar Oil Announce Plans for Many steel companies at that time went down under. The company began its operations with the construction of an outer breakwater in Chennai port, an order worth Rs 2.5 crore. In order to improve the efficiency, Essar Steel bought Stemcors 51 percent stake in HyGrade Pellets Limited, the pellet making venture of Essar. 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. 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. Fulcrum is actively developing Fulcrum NorthPoint at the Essar Stanlow Manufacturing Complex in Cheshire, in the North West of England. As a result, while most shipping companies in India were making losses in the 80s, Essar was reaping profits. Alok Gupta is the Operating Partner, Technology & Retail, at Essar Capital. In 2012, he was awarded an excellence award for his contribution to renewable energy and sustainability by the Energy and Environment Foundation. Mahalaxmi, 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. Within 18 months after work resumed, Essar began commissioning the refinery in phases. Tempe, Arizona white page directory listings include full name, phone number and address. Dhanpat Nahata is the General Partner, Strategy and Risk, at Essar Capital. Low carbon project at Stanlow secures Government backing - Essar The Stanlow refinery supplies about a sixth of the UKs road fuel. Essar had contracts with Chevron, Exxon-Mobil, Stat Oil, Shell, etc. Correspondence address Essar Oil (uk) Limited, Lansdowne House - 2nd Floor East, Berkeley Square, London, England, W1J 6ER . Today, the Hazira power plant has two power purchase agreementsone with the Gujarat State Electricity Board and the second with Essar Steel. The 1980s: Supporting Indias nascent exploration sector. During the period of stoppage, Essar had wisely planned for technology upgrades. After a fierce round of bidding that involved several corporations, Vodafone bought the Hutchison stake valued at USD 11.5 billion. Until the mid-1980s, Essar was focused on the service sectors of construction and shipping, which were prone to cyclical volatility. Vessel handling, product discharge, processing, blending and more, Connectivity Solutions Your price for Delivered in supplies will be subject to delivery costs. 925.730.0150. 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. 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. He is an experienced professional and an industry veteran, with 33 years experience with Tata Steel and 11 years with Jindal Steel & Power. For SBI, the proposal posed a real challenge since it involved a first-of-its-kind transaction for the bank as well! 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 2006, Hutchison, too, decided to exit India. Essar Stanlow's top supplier is Refined Technologies with 17 shipments. It monitors and manages the entire portfolio of investments owned by EGFL. 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. The company received underwriting commitments from Chase and Lehman Brothers. 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. . The Essar Group was established by Mr. Shashi Ruia and Mr. Ravi Ruia in 1969, in South India. 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. Having completed his law degree from the University of Leeds, United Kingdom, Andrew has over 25 years of rich experience. 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.. Inside the Plant At a Glance. Stanlow Diesel 121.87 ppl, PU10 114.81 ppl. Sunil Jain is the Operating Partner for Energy transitions. 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. Essar Oil (UK) Limited is registered in England and Wales with company registration number 07071400 and registered office at 5th Floor, the Administration Building, Stanlow Complex, Ellesmere Port, Cheshire, CH65 4HB. 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. Essar Oil (UK) Limited 2021. India Salaya Vizag Stanlow. In addition to outside contracts, it executed all of Essars internal projects. 11, K.K. Essar Energy. He has overseen Essars BPO and Power businesses, Smiti is a self-driven business leader and a true entrepreneur at heart. Essar to Invest $1 Billion into Two Blue Hydrogen Plants in the U.K. Mumbai - 400034 In 2005, when the government came out with the unified licensing scheme, the JV started merging all the telecom circles. It will also utilise direct pipeline access to pump and transport the SAF to UK airports through the Manchester Jet Line and the UK Oil Pipeline network (UKOP). In addition, SAF produced at the site offers a 90% reduction in particulates, which may benefit local air quality in and around airports. He has worked as an Economic Advisor, and the principal economic policy maker at the state level for seven years. A general view of Essar Oil UK's Stanlow oil refinery near Ellesmere Port, Britain, September 27, 2021. Fulcrum NorthPoint | Fulcrum BioEnergy Andrew Wright is the Managing Director, Legal, at Essar Capital. After achieving success and recognition in India, the Company was now poised to venture overseas. EOUK had agreed to an accelerated schedule to make this payment. Gifts and Donations to: ASU Foundation Attn:Financial Services P.O. Essar Oil UK to build 360 million carbon capture facility to deliver The company's spirited involvement in community service . With over 20 years of experience in the field of M&A and transactions, he leads all the M&A structuring on complex transactions globally for Essar Capital. Michelle Lewis, Corporate Affairs Director, Essar: michelle.lewis@essaroil.co.uk / 07805 854169, Peter Ogden, Powerscourt: essar@powerscourt-group.com / 07793 858 211. Mumbai Essar Essar House 11, Keshavrao Khadye Marg Mahalaxmi Mumbai 400 034 Maharashtra, India Tel. Production started in November 2006 with a capacity of 7.5 MTPA. 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. Ian Cotton, Head of Communications and Community. Vertex's low carbon hydrogen production plant will be a core part of the HyNet low carbon cluster. Prior to joining Essar, he was associated with EY as a Partner for 11 years. Contact us - Essar Once complete in 2027, the plant will eliminate an estimated 0.81 million tons of CO2 per year the equivalent of taking 400,000 cars off the road, eliminating nearly 40% of all Stanlow emissions. Essar also entered the power and telecom sectors as and when they were opened up to private participation. These include the construction of two new low carbon hydrogen production units on site as part of HyNet, with a planned total investment of 1 billon. In 2005, when the vessel rates peaked, Essar sold its five Suezmax tankers at the price at which they were bought in 1994. 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. The site directly employs more than 900 people, with an additional 800 on-site contractors and a further 5,000 people working indirectly within the extended value chain, according to Essar Oil UK's website. 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. The experience of contract drilling gave Essar an opportunity to understand the oil business better, and setting up the refinery was the logical thing to do. All Rights Reserved. Tempe, AZ White Pages. ian.cotton@essaroil.co.uk and 07805 854169, Jeff Ovens, Managing Director, UK & Europe, jovens@fulcrum-bioenergy.com and 07399 472 650. A qualified chartered accountant, Kailash joined Essar in 2003 after working with Chaturvedi & Shah and Dewani & Co. Adithya Bhat, with over 27 years of experience in Governance, Risk and Compliance (GRC), is the Chief Risk Officer at Essar Capital. Essar Logistics took care of the movement of cargo, generated by Essar Steel and Essar Oil, by road. Mr Rajiv Gujjalu serves as Director Essar Global Fund Limited (EGFL). Address. Srinivasan Vaidyanathan is the Operating Partner, Technology & Retail, at Essar Capital. . Essar braced itself for the oncoming challenge. In the second quarter, a devastating cyclone hit the western coast of India damaging several structures in the refinery site. Ellesmere Port, Cheshire, Sanjay Palve is the Sr. Moreover, the quality of scrap was also not always up to the mark. So Essar set up steel manufacturing facilities at Hazira with the objective of gaining value addition. A slew of projects in each of these businesses were initiated in the 1990s when the Indian economy was booming. It also complements the announcement last month regarding a blue hydrogen development at Stanlow as part of the HyNet project. Unlike other fuel technologies currently being considered by industry, the use of SAF does not require changes to aircraft, engines, or airport infrastructure. Vice Chairman & Operating Partner, Metals & Mining, Operating Parter, Infrastructure, MD & CEO, Essar Ports, Sr. The sponge iron plant became a hugely successful venture. Our ambition is to become a leading low carbon refinery. Marg, Mahalaxmi, Mumbai - 400034 Maharashtra, India. Essar Site. 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. 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. In the early 1990s, the Indian economy was liberalised and many industries that were hitherto monopolised by public sector companies were opened up to the private sector. It also enables the import of large parcels of diesel. 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. 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. Essar JV to build UK's largest hydrogen hub | Mint He would be responsible for advising and leading the company with regards all investments and opportunities in the metals & mining sector. This led to financial sanctions being imposed on India and Indian companies no longer had access to foreign funds. Vikash Saraf is the non-executive director of Essar Capital. This debt was refinanced later when the government set up the Power Finance Corporation. With eight jetties offering import and export of bulk liquids, marine access to terminals at Tranmere and Stanlow, one of Europe's largest road terminals, excellent links to the UK's motorway network and direct connections into the UK's Oil and Fuel Pipelines, STL offers unrivalled connectivity. 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). India in those days had secondary steel makers who used imported scrap to produce steel. Unite said it had informed the owner of the Ellesmere refinery, India's Essar Group, that its members . Mr Sogani, who was the Group CFO of Jindal Steel & Power Limited, has over 25 years of experience specialising in areas of business and financial management with special focus on strategy, M&A, business/corporate development, business restructuring, corporate finance, capital markets, investor relationship, governance and operations.

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