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. The ambitious plan sets firm foundations to accelerate the UK's path to net zero while transforming the economy, boosting employment and delivering growth. . Recently, he was also awarded Business Leader of the Year in the NBFC segment by ET Now. Essar Ports is both a people-driven and people-centric organisation. 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. In order to improve the efficiency, Essar Steel bought Stemcors 51 percent stake in HyGrade Pellets Limited, the pellet making venture of Essar. At that price, steel plant operations were simply unsustainable. Sale to Brookfield Asset Management Company, 10 MTPA integrated steel manufacturing complex. Firdose has extensive experience in emerging markets, having been involved in advising governments, parastatals and companies in Africa, India, Europe and the Middle East. 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. Contact information for Essar companies in India and worldwide . Rajiv was awarded the designation of Canadian Investment Manager by the Canadian Securities Institute in 2006. 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. Aviation is one of the most hard to decarbonise transport sectors and sustainable aviation fuel is a key enabler for the reduction of carbon emissions. 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. As a result, while most shipping companies in India were making losses in the 80s, Essar was reaping profits. Stanlow Oil refinery at Ellesmere Port in northwest England Why you can trust Sky News The owner of the vast Stanlow oil refinery in north-west England is in urgent talks about its future amid concern that it could be nearing collapse. Try LightSource for your strategic sourcing. He was the Chief Executive Officer and Board Member at Essar Oil UK Limited. Last month Essar Oil UK announced its participation in the production of blue hydrogen under the HyNet project. 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.. 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. He was chairman and chief executive of J&K Bank for five years. 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. The aim was to build a diverse fleet that could help hedge any downturns in the business. Such emission reductions are approximately 70% and have the future potential to be fully carbon neutral. Acting as director of several client companies, Rajiv is a Fellow member of the Mauritius Institute of Directors since 2012. Located near Ellesmere Port in north west England, the Stanlow refinery is the second largest in the UK. Prior to Essar, he was the CEO & Executive Director of Hero Future Energies Pvt Ltd. Hutchison Essars subscriber base, too, has risen from 1,50,000 to 28 million. Marg, Mahalaxmi, Mumbai - 400034 Maharashtra, India. Fulcrum is currently commissioning the world's first commercial waste-to-transportation fuels plant, located in the United States. Essar did not succumb to the pressure. Pleasanton, CA 94588. Prior to joining Essar, he was the Vice President and General Counsel at Hindustan Construction Company Ltd. Mahalaxmi,
He is responsible for capital raising, financial performance improvement, risk monitoring and corporate banking. A general view of Essar Oil UK's Stanlow oil refinery near Ellesmere Port, Britain, September 27, 2021. Essar Site. Work on the refinery was progressing as per schedule till the first quarter of 1998. 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. He is respected for his project execution skills, financial expertise and people management capabilities. In addition to outside contracts, it executed all of Essars internal projects. Even during the downturn in the shipping industry, Essar Shipping registered profits. Essar had financed the project through a combination of rupee debt and Floating Rate Notes (FRN)both on a five-year tenure. Essar began the process of refinancing one year in advance, in May 1998. Vertex's low carbon hydrogen production plant will be a core part of the HyNet low carbon cluster. 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. All its Suezmax tankers were approved by oil majors, an endorsement that fetches a premium in freight. After a fierce round of bidding that involved several corporations, Vodafone bought the Hutchison stake valued at USD 11.5 billion. 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 was founded in 1969 by his father, Shashi Ruia and uncle Ravi Ruia. The only alternative to scrap was sponge iron, but there were no sponge iron manufacturers on the west coast of India despite a large number of users. Prior to Essar, he has worked with Archean Group as Group President, and with SIVA group as CEO for about 15 years. At Stanlow Terminals, we pride ourselves on being flexible to our customers' needs, with a market leading storage offering. Prashant is part of the second generation of the Ruia family that founded Essar. Fulcrum is actively developing Fulcrum NorthPoint at the Essar Stanlow Manufacturing Complex in Cheshire, in the North West of England. He plays a key role in managing strategic functions of EGFL. You may not use any information obtained from Intelius for any purpose covered by the FCRA. 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. At Stanlow Terminals, we pride ourselves on being flexible to our customers needs, with a market leading storage offering. 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 . Essar is already making rapid progress against its broader decarbonisation targets. This brought down the capital cost per tonne of steel, which helped reduce overall cost of production. 4900 Hopyard Road 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. Alok Gupta is the Operating Partner, Technology & Retail, at Essar Capital. 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. Strategic investments in setting up world-class facilities in Steel, Power, Ports, Oil and Gas. India Salaya Vizag Stanlow. Suite 220 Box 2260 Tempe, Arizona 85280-2260 To visit us on site: ASU Fulton Center 300 E. University Drive Tempe, AZ . Inside the Plant At a Glance. Andrew Wright is the Managing Director, Legal, at Essar Capital. Essar JV to build UK's largest hydrogen hub 2 min read . Today, the Hazira power plant has two power purchase agreementsone with the Gujarat State Electricity Board and the second with Essar Steel. In this way, the share of value-added products increased from 35 percent to 70 percent of total production. All Rights Reserved. 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. 4900 Hopyard Road He joined Burmah Shell in 1957, also known as Bharat Petroleum Corporation Ltd after it was nationalised, and retired from it as director marketing. Independently, Essar had acquired licenses in seven circles where Hutchison Essar did not have operations, and in four circles of BPL. The challenge was to select a sector that was an import substitute, with a product that had long-term demand and served a national purpose. Thangapandian Srinivasalu currently serves as the Advisor for investments in the Energy sector at Essar Capital. 925.730.0150. He has held several leadership positions at Adani Group, Larson & Toubro Ltd, Binani Industries Ltd. amongst others. 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. Not one to lag behind, Essar seized every opportunity that came its way. He also has rich experience in leading change management, cultural transformation, organisational redesign and restructuring. Our DNA is to invest with spirit of an entrepreneur, build assets with the passion of an owner and manage businesses with the discipline of a professional. 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. 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. 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. Crude oil is supplied to the refinery via a 15 mile pipeline from the companys Tranmere facility further downstream in the Mersey Estuary. Plant owner. 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. Address. 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. Box 2260 Tempe, Arizona 85280-2260 For all other mailing needs: ASU Foundation P.O. School of Social Transformation. Our ambition is to become a leading low carbon refinery. Essar is investing to make our refinery at Stanlow, the UKs first low carbon refinery. Essars Indian lenders refused to bail the company out. Stanlow contributes an estimated 60 million each year to the local economy and will house the UK's first low carbon hydrogen facility. Srinivasan Vaidyanathan is the Operating Partner, Technology & Retail, at Essar Capital. Gifts and Donations to: ASU Foundation Attn:Financial Services P.O. 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 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.