M: +44 (0)7805 854 169 E: ian.cotton@essaroil.co.uk . Essar was founded in 1969 by his father, Shashi Ruia and uncle Ravi Ruia. Essar is to make a 1.98bn investment at its Stanlow refinery as it continues its low carbon energy transformation / Picture: Essar Group Prashant Ruia, director of Essar Capital , said: "The launch of EET is a major milestone in Essar's long-standing commitment to put the UK at the forefront of low carbon energy. Contact Us. The Fulcrum venture will complement Essar's wider plans to build a green energy industrial cluster at the Stanlow site. Essar began the process of refinancing one year in advance, in May 1998. 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. His strength lies in leading new business development opportunities and conducting preliminary due diligence and analysis of emergent companies and partners. 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. In 2012, he was awarded an excellence award for his contribution to renewable energy and sustainability by the Energy and Environment Foundation. All Rights Reserved. Stanlow is a key strategic national asset, annually producing over 16% of the UK's road transport fuels, while playing an important part in Britain's petrochemical industry by providing key feedstocks. 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. All these activities were consolidated under Essar Shipping and Logistics Limited. 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. He brings with him 39 years of experience, and has extensive experience in the renewable energy sector. Copyright 2023 Essar. However, Swiss PTT wanted to shut shop as part of its strategy to exit all Asian operations. 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. Operating Parter, Infrastructure & MD & CEO, Essar Ports. He is a seasoned professional with over 27 years of experience, including 23 years in international investment banking & private equity. Vertex's low carbon hydrogen production plant will be a core part of the HyNet low carbon cluster. In 1999, the government announced a new telecom policy that was more conducive to growth. Kingsbury Diesel 121.92 ppl, PU10 114.84 ppl. In order to improve the efficiency, Essar Steel bought Stemcors 51 percent stake in HyGrade Pellets Limited, the pellet making venture of Essar. . Subsequent to the HyGrade takeover, the pellet making capacity was enhanced to 8 MTPA. Vikash is also a member of the Management Committee of Essar Capital. 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. 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. 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. At Stanlow Terminals, we pride ourselves on being flexible to our customers needs, with a market leading storage offering. He has a strong professional record in streamlining litigation, M&A, turnkey contract management, IPR, project financing, international arbitration and compliance support. 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. 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. 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). Sr. 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. Production started in November 2006 with a capacity of 7.5 MTPA. 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. With more than 50 years of experience, he guides Essar through transformations, manages operating functions and leads complex projects. Inside the Plant At a Glance. He also has rich experience in leading change management, cultural transformation, organisational redesign and restructuring. Tempe, Arizona white page directory listings include full name, phone number and address. Essar Logistics took care of the movement of cargo, generated by Essar Steel and Essar Oil, by road. 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. Essar will achieve its decarbonisations targets through a combination of incremental (energy efficiency and operating improvements) and transformational projects, including the 360 million carbon capture plant announced today, but also as a result of the significant investments Essar is making into hydrogen and biofuels. 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. In order to lend stability to the Group, Essar planned to enter manufacturing. Kailash Daultani currently serves as the Managing Director, Treasury and Finance, at Essar Capital. As a result, while most shipping companies in India were making losses in the 80s, Essar was reaping profits. 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. Badrinath Durvasula joined Essar as the Managing Director, Legal, and oversees and advises the legal function for the Energy, Services & Technology sectors. Unite said it had informed the owner of the Ellesmere refinery, India's Essar Group, that its members . 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. Work on the refinery was progressing as per schedule till the first quarter of 1998. Try LightSource for your strategic sourcing. And in February, Essar announced it has joined forces with Fulcrum BioEnergy and Essar's subsidiary company Stanlow Terminals to create a new 600m facility which will convert non-recyclable. Mumbai - 400034 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. Moreover, the quality of scrap was also not always up to the mark. Sale included 20 MTPA refinery, retail, port and related infrastructure. 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. His experience spans several sectors including mining and natural resources, telecommunications, business process outsourcing, infrastructure, healthcare and manufacturing. He is on the Boards of World Steel Association, and the Metals & Mining and Energy industry Committee of the World Economic Forum. 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. Prior to being the Managing Director at Essar Capital, Rakesh has been at leadership positions in Essar Ports. Box 2260 Tempe, Arizona 85280-2260 For all other mailing needs: ASU Foundation P.O. The Stanlow refinery supplies about a sixth of the UKs road fuel. He has held key leadership positions at YES Bank Ltd. and ICICI Bank Ltd. Srinivasan Vaidyanathan is the Operating Partner, Technology & Retail, at Essar Capital. 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. [1] www.essaroil.co.uk/news/uks-first-refinery-based-hydrogen-furnace-arrives-at-essar/. She has earlier worked with Cipla as Head HR International Business, and has also volunteered with the Akanksha Foundation. 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. It vigorously worked towards restructuring its balance sheet, drawing up a three-pronged strategy to address the issue: Increase capacity, move to value-added segments and bring down finance costs. Stanlow also plays an important part in Britains petrochemical industry, providing feedstocks such as toluene, propylene and ethylbenzene. Essar Energy, which owns the Stanlow. Bespoke sustainable solutions to suit logistics and supply chain requirements. It also complements the announcement last month regarding a blue hydrogen development at Stanlow as part of the HyNet project. He has worked as an Economic Advisor, and the principal economic policy maker at the state level for seven years. All companies under the TTP have been given until January 2022 to meet their commitments. The UK's 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. The steel generation capacity at the Hazira plant was raised from 2 MTPA to 2.4 MTPA through de-bottlenecking. Essar Group is to invest $3.6bn developing low-carbon energy in the UK and India under the newly formed Essar Energy Transition (EET). Today, the Hazira power plant has two power purchase agreementsone with the Gujarat State Electricity Board and the second with Essar Steel. Essar Site. He is responsible for all HR matters for the Metals & Mining and Services & Technology portfolios. 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. 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. Sponge iron generation capacity was also increased to 5.5 MTPA. Additionally, he is also a member of the India-Indonesia CEOs Forum. Sunil is also the President of Wind Independent Power Producers Association. 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 . By this time, all of Essars businesses had grown significantly and the time had come for managing each business as an independent company. The refinery plays a strategic role in the UK economy, supplying 16% of all road transport fuels. Northampton Diesel 121.98 ppl, PU10 114.89 ppl. info@fulcrum-bioenergy.com . Box 2260 Tempe, Arizona 85280-2260 To visit us on site: ASU Fulton Center 300 E. University Drive Tempe, AZ . He has led natural resources sector businesses for major investment banks globally. 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. Just before the issue was launched, India tested the nuclear bomb at Pokhran. 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. By continuing to use our website, you agree to our Privacy Policy Accept, Dedicated marine import capability to tankage. Essar House, He is respected for his project execution skills, financial expertise and people management capabilities. The company began its operations with the construction of an outer breakwater in Chennai port, an order worth Rs 2.5 crore. Priya Chakravarty is the Senior Director, HR, at Essar Capital. This prompted Essar to start manufacturing sponge iron. 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. The experience in contract drilling prompted the Group to venture into the upstream in the Oil sectori.e. B.C. He has also advised boards and management on major transactions in 34 countries. 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. Essar then acquired licenses for Eastern UP, Rajasthan, Haryana and Punjab. 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. Essar Constructions grew its activities considerably over the years. Most Recent Shipment: 04/07/2022 (Database Updated . 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. Rajiv was awarded the designation of Canadian Investment Manager by the Canadian Securities Institute in 2006. As a result of that work over the past few months, EOUK has $1.1bn [800m] in liquidity secured. and more than 70 percent of its shipping revenues came from international operations. 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. Essar Capital is governed by its board of directors and its responsibilities as investment manager of EGFL include: Essar House, 11 KK Marg, Mahalaxmi, Mumbai 400 034, India. Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. 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. Being the largest independent means we can move quickly to meet your bulk liquid storage needs, Unique Refinery Access Your price for Delivered in supplies will be subject to delivery costs. 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. With over 32 years of work experience in the technological sector, Alok leads all new capital investment recommendations to the companys board. Essar continues to be the largest Indian exporter of flat steel. Previously Group Director at Gulf Petrochem, he is an oil and gas professional with around 35 years of experience in sales, marketing and trading of petroleum products in India, the Middle East and Nigeria with Public Sector Undertakings, Multi-National Companies and private sector companies. 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. With over 15 years of experience in diverse fields including media & publishing, corporate communications. The company approached State Bank of India (SBI), a leading public sector bank in India, for a loan. Mumbai Essar Essar House 11, Keshavrao Khadye Marg Mahalaxmi Mumbai 400 034 Maharashtra, India Tel. Currently, he heads the country operations of Afrocentric Group in Mauritius and is the Managing Director of Medscheme International. 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). Prior to Essar, he was the CEO & Executive Director of Hero Future Energies Pvt Ltd. 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. Within 18 months after work resumed, Essar began commissioning the refinery in phases. Firdose has extensive experience in emerging markets, having been involved in advising governments, parastatals and companies in Africa, India, Europe and the Middle East. He has overseen Essars BPO and Power businesses, Smiti is a self-driven business leader and a true entrepreneur at heart. 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. Being one of the low-cost steel producers, Essar managed to make operating profits. 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). It owned 11 land rigs, one offshore rig and a drill ship. 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. Essar teamed up with Brown & Root of USA in laying an under-sea pipeline from the offshore Bassein gas field to Hazira. 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. Essar Shipping diversified and modernised its fleet in the early 1990s. Address. 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. Since early August, the company has increased its daily vehicle shifts from 52 to more than 70, and is aiming to increase deliveries to more than 80 by the end of October, it said. Pleasanton, CA 94588. Tempe, AZ White Pages. His entrepreneurial abilities have enabled the Essar Global portfolio of companies to become one of the leading names in global industry. Essar saw a great opportunity and bought Indias first private tanker in 1976 for around USD 2 million. The sponge iron plant became a hugely successful venture. Essar replaced Swiss PTT with Hutchison as partner. Were primed to lead the national charge in the development of changing energy infrastructure and create the UKs first sustainable energy hub. Work on the refinery began in 1994, and by 1995, the necessary funding was in place. It vigorously worked towards restructuring its balance sheet, drawing up a three-pronged strategy to address . Essar negotiated with the FRN holders for a one-time settlement and refinanced its entire rupee debt at a lower cost. Contact information for Essar companies in India and worldwide . He is a part of the Management Committee of Essar Capital. This has improved the quality of the ore and reduced the transportation cost. Jatinder Mehra is the Vice Chairman & Operating Partner of Essar Capital. After achieving success and recognition in India, the Company was now poised to venture overseas. Raj Varma is an Advisor, at Essar Capital. He is responsible for investigation, analysis and assessment of risk, and accordingly design and implement strategies and processes which mitigate these threats. Object reference not set to an instance of an object. Phone. Firdose Coovadia is an Advisor, Metals & Mining, at Essar Capital. This is equivalent to the domestic heating energy used by a major British city region, such as Liverpool. He was appointed as MD & CEO of Essar Shipping, Ports & Logistics Limited in 2010. 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. He also ensures the successful delivery of the organisations corporate and business plans and desired outcomes. In those early days of the telecom boom in India, effective policies were lacking and private telecom businesses were faced with several problems. 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 Vessel handling, product discharge, processing, blending and more, Connectivity Solutions Essar is investing to make our refinery at Stanlow, the UK's first low carbon refinery. Now, Essar is all set to team up with the new JV partner Vodafone to take growth to the next level. 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. 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. Essar Oil UK, which operates Stanlow Refinery, and Fulcrum BioEnergy, based in California, US, have teamed up with Stanlow Terminals to develop the . Essar Energy. Role Active Director Date of birth July 1961 The company's spirited involvement in community service . Last month Essar Oil UK announced its participation in the production of blue hydrogen under the HyNet project. Anshuman Ruia is known for his financial expertise and project execution skills. Andrew Wright is the Managing Director, Legal, at Essar Capital. So Essar set up steel manufacturing facilities at Hazira with the objective of gaining value addition.