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. Essar is investing to make our refinery at Stanlow, the UKs first low carbon refinery. In early 2005, Essar restructured the balance sheet and work resumed with renewed vigor on completing the refinery project. 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. 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 company received underwriting commitments from Chase and Lehman Brothers. White Pages - Find People In | Addresses 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. Until the mid-1980s, Essar was focused on the service sectors of construction and shipping, which were prone to cyclical volatility. Managing Director, Finance, Metals & Mining. 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. Essar Constructions grew its activities considerably over the years. Sale included 20 MTPA refinery, retail, port and related infrastructure. He also ensures the successful delivery of the organisations corporate and business plans and desired outcomes. For cheapest and greenest transportation of your products, Beyond Storage Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. As the world comes together to develop innovative ways of generating sustainable energy the supporting storage and transportation infrastructure needs to evolve. Low carbon hydrogen will be produced at the Stanlow Manufacturing Complex located in Ellesmere Port, Cheshire. 4900 Hopyard Road Kingsbury Diesel 121.92 ppl, PU10 114.84 ppl. Jeff Ovens, Managing Director, UK & Europe Fulcrum, added: We are excited to be announcing this project, located within one of the UK's most important energy producing assets, which will help reduce the burden on landfills and industry's reliance on fossil fuels. 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. Stanlow contributes an estimated 60 million each year to the local economy and will house the UK's first low carbon hydrogen facility. Northampton Diesel 121.98 ppl, PU10 114.89 ppl. He has held key leadership positions at Jindal Steel & Power Ltd, Jet Airways, Essar and Dell international. 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. ian.cotton@essaroil.co.uk and 07805 854169, Jeff Ovens, Managing Director, UK & Europe, jovens@fulcrum-bioenergy.com and 07399 472 650. Essar Group is to invest $3.6bn developing low-carbon energy in the UK and India under the newly formed Essar Energy Transition (EET). Alok Gupta is the Operating Partner, Technology & Retail, at Essar Capital. Kailash Daultani currently serves as the Managing Director, Treasury and Finance, at Essar Capital. 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. Essar launches EET to invest $3.6 bn in energy transition in UK, India Essar Capital Limited (Essar Capital) is the investment manager of Essar Global Fund Limited (EGFL). Last month Essar Oil UK announced its participation in the production of blue hydrogen under the HyNet project. EOUK had agreed to an accelerated schedule to make this payment. 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. 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. Following this maiden contract, Essar bagged projects at every major port in the country, including Tuticorin, Mangalore, Goa, Kakinada and Nhava-Sheva in Mumbai. This was not sufficient for the business to achieve and sustain long-term growth. and more than 70 percent of its shipping revenues came from international operations. With over 32 years of work experience in the technological sector, Alok leads all new capital investment recommendations to the companys board. Essar Oil UK bought the Stanlow refinery at Ellesmere Port from Shell in 2011. Doaa AboulThomas AbbottSusan AdamsEmilio AbundioBorzu AfshariRay AdamsAnn Addington, Mesa, AZPhoenix, AZChandler, AZScottsdale, AZGilbert, AZ. Contact information for Essar companies in India and worldwide . Contact us | Essar Oil Uk With more than 50 years of experience, he guides Essar through transformations, manages operating functions and leads complex projects. About Our Company - Essar Prior to Essar, he has worked with Archean Group as Group President, and with SIVA group as CEO for about 15 years. EGFL has a globally benchmarked robust risk and regulatory framework. He is responsible for capital raising, financial performance improvement, risk monitoring and corporate banking for Infrastructure. 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. This will be the first Fulcrum plant outside the United States. A slew of projects in each of these businesses were initiated in the 1990s when the Indian economy was booming. Suite 220 He joined Essar as CEO Retail in the year 2010. Essar Oil UK Contact us Contact us How can we help you? Object reference not set to an instance of an object. Managing Director, Finance, Infra, Tech & Retail, at Essar Capital. Mr Rajiv Gujjalu serves as Director Essar Global Fund Limited (EGFL). 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. At Stanlow Terminals, we pride ourselves on being flexible to our customers' needs, with a market leading storage offering. 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. Choose Additional Cities in Arizona by Selecting the First Letter of the City. 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. Fulcrum BioEnergy | Fulcrum and Essar Oil Announce Plans for This has improved the quality of the ore and reduced the transportation cost. Essar Energy locked in negotiations with HMRC over VAT payment delayed because of pandemic. 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. 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. 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. All these projects helped transform Essar Constructions into a leading EPC contractor. It monitors and manages the entire portfolio of investments owned by EGFL. 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. Essar Oil UK and Fulcrum BioEnergy reveal SAF plant plans Stanlow: Energy giant Essar unveils 2bn plan for low-carbon plant Rajiv was awarded the designation of Canadian Investment Manager by the Canadian Securities Institute in 2006. He also has rich experience in leading change management, cultural transformation, organisational redesign and restructuring. He is a strong business development professional with a Mechanical Engineering Degree from Aligarh Muslim University. epl.secretarial . He is an experienced professional and an industry veteran, with 33 years experience with Tata Steel and 11 years with Jindal Steel & Power. In 2005, when the government came out with the unified licensing scheme, the JV started merging all the telecom circles. Similarly, Essar Bulk Terminal was set up to create bulk terminal facilities at Hazira and other ports. Vikash Saraf is the non-executive director of Essar Capital. 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. . A new value-centric growth strategy based on Entrepreneurship, Expertise and Experience along with a robust governance system and structure will deliver superior returns, sustainably. Even during the downturn in the shipping industry, Essar Shipping registered profits. Contact Us. Essar had financed the project through a combination of rupee debt and Floating Rate Notes (FRN)both on a five-year tenure. 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. The Fulcrum venture will complement Essar's wider plans to build a green energy industrial cluster at the Stanlow site. 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. Essar Energy enters into agreement to buy Royal Dutch Shell's Stanlow refinery for US$350 million. However, the recovery from the pandemic has been slower than predicted, the company said, adding that it hopes for a resolution soon. Sponge iron generation capacity was also increased to 5.5 MTPA. 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. With over 15 years of experience in diverse fields including media & publishing, corporate communications. Mr Mehra is involved in various Essar initiatives in areas of Business Strategy, Investments, Corporate Governance, Risk Management and Sustainability. It had a fleet of over 100 vehicles of varying capacities. Haseeb Drabu is an economist with over 30 years of experience with diverse skill-sets and wide-ranging experience as a lawmaker, policy planner, banker and an economic commentator. 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. In September, EOUK announced it had signed a Heads of Terms offtake agreement with Vertex, a joint venture with Progressive Energy, for the supply of 280MW+ of hydrogen. But this was not sufficient to meet its debt obligations. India Salaya Vizag Stanlow. All Rights Reserved. Stanlow Terminals Limited The construction and shipping businesses grew rapidly and Essar gradually established itself as a leading marine and industrial construction company. 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. All these activities were consolidated under Essar Shipping and Logistics Limited. Essar Shipping diversified and modernised its fleet in the early 1990s. 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. . 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 Role Active Director Date of birth July 1961 In this business, too, Essar kept refinancing the debt to reduce finance costs. [1] www.essaroil.co.uk/news/uks-first-refinery-based-hydrogen-furnace-arrives-at-essar/. . 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. Low carbon project at Stanlow secures Government backing - Essar He has over 25 years of work experience in the field of M&A and Transactions. He Joined Essar in 1997 as COO in Essar Telecom and was the Executive Director of Essar Shipping Limited from 1998-2002. With over 30 years of experience in operational leadership, investment management and business growth across diverse sectors, Srinivasan provides critical evaluation on current and future capital investments. Essar Ports Fulcrum NorthPoint | Fulcrum BioEnergy 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. He was chairman and chief executive of J&K Bank for five years. Try LightSource for your strategic sourcing. Later, it went on to buy a specialized pipe-laying barge to undertake this kind of activity. 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. Object reference not set to an instance of an object. 4900 Hopyard Road In addition to outside contracts, it executed all of Essars internal projects. Essar owned 33% stake in the consolidated entity. 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. Mr Sogani helps manage Essar Capital investments in the portfolio companies of metals & mining sector. Stanlow oil refinery 'on brink of collapse' as crisis talks continue 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. At Hazira, a deep draft berth and shipping channel was constructed to enhance the cargo handling capacity by bringing larger vessels alongside the berth. 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. All these measures have made Essar Steel, the largest integrated steel producer on Indias west coast and one of the largest producers of flat steel in the country. Scrap prices were volatile and had to be purchased with precious foreign exchange. Stanlow. Pleasanton, CA 94588. 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. Maharashtra, India, Copyright 2021 All rights reserved 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. The 1980s: Supporting Indias nascent exploration sector. 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. . 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. Name Address Address(maps) LinkedIn Alibaba AliExpress Global Sources Want to send an RFI or RFQ to this supplier? 925.730.0150. Firdose Coovadia is an Advisor, Metals & Mining, at Essar Capital. CH65 4BD, United Kingdom, UKs Largest 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.
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