Jatinder Mehra is the Vice Chairman & Operating Partner of Essar Capital. In this way, the share of value-added products increased from 35 percent to 70 percent of total production. Prior to being the Managing Director at Essar Capital, Rakesh has been at leadership positions in Essar Ports. Having started his career with HPCL, he worked with National Oil Nigeria, Reliance Industries Ltd., TotalFinaELF and Gulf Oil India. Dhanpat Nahata is the General Partner, Strategy and Risk, at Essar Capital. Along with brother Ravi, Shashi Ruia laid the foundation of Essar and spearheaded its business strategy, diversification and growth. Similarly, Essar Bulk Terminal was set up to create bulk terminal facilities at Hazira and other ports. Additionally, he is also a member of the India-Indonesia CEOs Forum. Were primed to lead the national charge in the development of changing energy infrastructure and create the UKs first sustainable energy hub. Bespoke sustainable solutions to suit logistics and supply chain requirements. Essar began the process of refinancing one year in advance, in May 1998. He has a strong professional record in streamlining litigation, M&A, turnkey contract management, IPR, project financing, international arbitration and compliance support. 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. Contact information for Essar companies in India and worldwide . Marg, Mahalaxmi, Mumbai - 400034 Maharashtra, India. Box 2260 Tempe, Arizona 85280-2260 To visit us on site: ASU Fulton Center 300 E. University Drive Tempe, AZ . Stanlow Terminals Limited India Salaya Vizag Stanlow. Managing Director, Finance, Infra, Tech & Retail. 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 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. Not one to lag behind, Essar seized every opportunity that came its way. Phone. Independently, Essar had acquired licenses in seven circles where Hutchison Essar did not have operations, and in four circles of BPL. Prashant is part of the second generation of the Ruia family that founded Essar. 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. The aim was to build a diverse fleet that could help hedge any downturns in the business. It owned 11 land rigs, one offshore rig and a drill ship. All Rights Reserved. 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. A general view of Essar Oil UK's Stanlow oil refinery near Ellesmere Port, Britain, September 27, 2021. In early 2005, Essar restructured the balance sheet and work resumed with renewed vigor on completing the refinery project. Pleasanton, CA 94588. Such emission reductions are approximately 70% and have the future potential to be fully carbon neutral. During the period of stoppage, Essar had wisely planned for technology upgrades. Essar Steel was now a producer of flat steel and joined the select group of Indian companies that produced this commodity. Email. 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. Sale included 20 MTPA refinery, retail, port and related infrastructure. The 45 million furnace is the first of its kind in the UK, capable of running on a 100% hydrogen source and will replace three existing furnaces at Stanlow. Firdose Coovadia is an Advisor, Metals & Mining, at Essar Capital. Unlike other fuel technologies currently being considered by industry, the use of SAF does not require changes to aircraft, engines, or airport infrastructure. 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. 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. He also worked at Essar Oil Limited, India, as CEO Marketing & IST, and was responsible for Retail Sales, Direct Sales, Retail Network Expansion, Sourcing Crude, Trading of Petroleum Products and Supply & Distribution in India and Kenya. The energy industry is changing. 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. Essar Energy enters into agreement to buy Royal Dutch Shell's Stanlow refinery for US$350 million. 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 is a massive undertaking, but it is a journey we are fully committed to. 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. Suite 220 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 also has rich experience in leading change management, cultural transformation, organisational redesign and restructuring. 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. The 1980s: Supporting Indias nascent exploration sector. 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. Since Essar did not have prior experience in this industry, it roped in Swiss PTT as a joint venture partner. 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. Priya Chakravarty is the Senior Director, HR, at Essar Capital. The plant has a high availability factor of 99 percent. Crude oil is supplied to the refinery via a 15 mile pipeline from the companys Tranmere facility further downstream in the Mersey Estuary. The promoters could foresee the demand, a vision that paid rich dividends. Tempe, Arizona white page directory listings include full name, phone number and address. The sponge iron plant became a hugely successful venture. At Stanlow Terminals, we pride ourselves on being flexible to our customers needs, with a market leading storage offering. Unite said it had informed the owner of the Ellesmere refinery, India's Essar Group, that its members . He is responsible to advise and represent the company for all the legal matters concerning the Energy sector investments and portfolio businesses. For cheapest and greenest transportation of your products, Beyond Storage It also bought Stemcors 100 percent stake in Steel Corporation of Gujarat (SCGL) which had set up a 1.2 MTPA cold-rolling complex at Hazira. Try LightSource for your strategic sourcing. Essar negotiated with the FRN holders for a one-time settlement and refinanced its entire rupee debt at a lower cost. However, Swiss PTT wanted to shut shop as part of its strategy to exit all Asian operations. Updated: 27 Jan 2022, 06:04 AM IST Subhash Narayan The UK's first low carbon hydrogen facility at Essar Stanlow will sit at the heart. Well do this through a combination of our unique geographical location, decades of experience and a passion for a greener, cleaner planet. Located between Manchester and Liverpool on the west coast of the United Kingdom, Stanlow is connected to sea freight routes that extend globally, and are served by a host of international shipping lines such as ACL, MSC and NYK. He started his career with Escorts Limited where he worked and grew through various roles of operations and business development. 4900 Hopyard Road Essar did not succumb to the pressure. 925.730.0150. Rakesh Kankanala is the Managing Director, Managing Director, M&A, Infrastructure, of Essar Capital. Mumbai Essar Essar House 11, Keshavrao Khadye Marg Mahalaxmi Mumbai 400 034 Maharashtra, India Tel. Strategic investments in setting up world-class facilities in Steel, Power, Ports, Oil and Gas. Stanlow, 30th November 2022: Essar Oil UK Limited (Essar or the Company) today announces its plan to build a 360 million major new carbon capture plant at its Stanlow refinery in line with its ambition to become a leading low carbon refinery by 2030. Sanjay Palve is the Sr. 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. 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). 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. Earlier this year, it announced its participation in production of blue hydrogen under the HyNet project. Tempe, Arizona white page directory listings include full name, phone number and address. 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. The company's spirited involvement in community service . Name Address Address(maps) LinkedIn Alibaba AliExpress Global Sources Want to send an RFI or RFQ to this supplier?
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