All Rights Reserved. Prior to Essar, he has worked with Archean Group as Group President, and with SIVA group as CEO for about 15 years. The steel generation capacity at the Hazira plant was raised from 2 MTPA to 2.4 MTPA through de-bottlenecking. Essar became the first Indian company to operate in the waters of the Atlantic. He is responsible for capital raising, financial performance improvement, risk monitoring and corporate banking. Copyright 2023 Essar. Name Address Address(maps) LinkedIn Alibaba AliExpress Global Sources Want to send an RFI or RFQ to this supplier? 2023 PeopleConnect, Inc. d/b/a Addresses.com. Ian Cotton, Head of Communications and Community. 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. 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. M: +44 (0)7805 854 169 E: ian.cotton@essaroil.co.uk . 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 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. An offering that prides itself in the highest levels of safety to protect our people, your people and the communities we operate in. . 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. Vice Chairman & Operating Partner, Metals & Mining, Operating Parter, Infrastructure, MD & CEO, Essar Ports, Sr. Having completed his law degree from the University of Leeds, United Kingdom, Andrew has over 25 years of rich experience. Vikash is also a member of the Management Committee of Essar Capital. The Late 1980s: Foray into core sector manufacturing. He has held key leadership positions at YES Bank Ltd. and ICICI Bank Ltd. 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. She has more than 23 years of experience in Human Resources, having worked across industries like Manufacturing, Pharma, IT and Retail. 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. 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. The company's spirited involvement in community service . 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. 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 JV to build UK's largest hydrogen hub 2 min read . Priya Chakravarty is the Senior Director, HR, at Essar Capital. Essar teamed up with Brown & Root of USA in laying an under-sea pipeline from the offshore Bassein gas field to Hazira. In addition, Essar Oil UK operates an integrated terminal and marine facility at Stanlow and Tranmere on behalf Stanlow Terminals. 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. Maharashtra, India, Copyright 2021 All rights reserved Essar again grabbed the opportunity and went on to become Indias largest rig operator in the private sector. He was chairman and chief executive of J&K Bank for five years. The majority of the investment - across a range of hydrogen production technologies, decarbonisation, biofuels and infrastructure projects - will be at its Stanlow site ($2.4bn), with the balance in India. Delivering cleaner/greener energy solutions, Localise the supply chains for the industry, Create logistics network, storage solutions and platforms by leveraging technology, To be the trusted go to technology solution integrator, https://www.essar.com/wp-content/uploads/2021/09/Essar_Corporate_Film.mp4, Provide new environmentally beneficial source of energy in India, Transform Essar Oil UK to become a global benchmark for green refineries, Build a hub for the UKs upcoming hydrogen transformation, Build an energy compliant state-of-the-art steel plant, Provide the lowest cost high grade green iron ore pellet in the United States and India, Enable trade and transport services across the industrial hubs in the west and east coasts of India, Create the largest independent hydrocarbon terminals business in North-West Europe, To architect, deploy, manage and secure the customers IT environment through customised solutions, To integrate intelligent digital networks and platforms, Implementing and managing investments and divestments, Preparing and delivering financial reports of EGFL, Implementing and overseeing appropriate policies and procedures, 1995 First Mover partnership with Hutchison Whampoa and then with Vodafone, Part Sale of Aegis USA Inc. to Teleperformance at $610 million, Sale of 98% stake in Essar Oil to Roseneft, and Trafigura-led consortium. 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. All these projects helped transform Essar Constructions into a leading EPC contractor. It also enables the import of large parcels of diesel. He started his career with Escorts Limited where he worked and grew through various roles of operations and business development. He is responsible for capital raising, financial performance improvement, risk monitoring and corporate banking for Infrastructure. Essar wanted to buy out Hutchisons stake and tied up a line of credit of over USD 11 billion. Steel: The uncertainties of a cyclical business. The Essar Group was established by Mr. Shashi Ruia and Mr. Ravi Ruia in 1969, in South India. Essar merged these circles into Hutchison Essar to create a telecom major. Firdose Coovadia is an Advisor, Metals & Mining, at Essar Capital. Our latest List Price, effective from 2nd March, for Ex Rack sales is as follows. Both these factors led to a stoppage of work at the refinery, The Mid-2000s: Resurrecting the Essar Oil Refinery. Raj Varma is an Advisor, at Essar Capital. 4900 Hopyard Road There was an FCCB (Foreign Currency Convertible Bonds) component that needed to be raised abroad in the latter half of 1998. 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. Mumbai - 400034
Bespoke sustainable solutions to suit logistics and supply chain requirements. When Essar conceived the project, international steel prices were in the region of USD 450 per tonne. As Fulcrum's first facility in the United Kingdom, NorthPoint will be located at the Essar Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. Run a search by name for anyone in Tempe, Arizona & get free white pages information instantly. Prior to joining Essar Capital, he lead several reputed public sector and private steel companies, including Steel Authority of India Limited and Rashtriya Ispat Nigam Limited as their Chairman and Managing Director. Sunil is also the President of Wind Independent Power Producers Association. 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. Stanlows reconfigured and optimised single train operation delivers significant upgrading capability and produces an above average proportion of middle distillates, principally diesel and jet fuel, helping to addressthe significant and growing deficit in the UK and Europe. Prior to joining Essar Capital, Vikash was an Executive Director and CEO of SSKI Corporate Finance Ltd, a boutique investment bank specialising in infrastructure financing and advisory. He has led natural resources sector businesses for major investment banks globally. Fulcrum's partner, Essar, will assist with the blending and supply the sustainable aviation fuel to airlines, with Stanlow Terminals Limited providing product storage and logistics solutions for the project under a long-term agreement. REUTERS/Phil Noble LONDON, Nov 30 (Reuters) - Essar Oil UK said on Wednesday it planned. Essar is already making rapid progress against its broader decarbonisation targets. Essar Steel was now a producer of flat steel and joined the select group of Indian companies that produced this commodity. After a fierce round of bidding that involved several corporations, Vodafone bought the Hutchison stake valued at USD 11.5 billion. Earlier on he has worked with TCS in the beginning of his career. 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. Thangapandian Srinivasalu currently serves as the Advisor for investments in the Energy sector at Essar Capital. Inside the Plant At a Glance. 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. Managing Director, Finance, Infrastructure, Technology & Retail, Managing Director, Business Development, Metals & Mining, Download Corporate Film(Extended Version). Managing Director, Finance, Metals & Mining. It had a fleet of over 100 vehicles of varying capacities. : +91-22- 66601100 Fax: +91-22-66601809 Write to us : Mumbai Essar Equinox Business Park (Peninsula Techno Park), Off Bandra Kurla Complex, 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. Try LightSource for your strategic sourcing. Stanlow Terminals Limited
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. The refinery plays a strategic role in the UK economy, supplying 16% of all road transport fuels. Sale to Brookfield Asset Management Company, 10 MTPA integrated steel manufacturing complex. He was appointed as MD & CEO of Essar Shipping, Ports & Logistics Limited in 2010. The Manchester Ship Canal that connects Liverpool to Manchester also provides further hinterland water connection to North West UK. The green energy projects will include an investment of $1.2 billion in green ammonia manufacturing in India. He is an experienced professional and an industry veteran, with 33 years experience with Tata Steel and 11 years with Jindal Steel & Power. Essar Oil UK said Stanlow was operating as normal during the current fuel crisis, and supplying fuel to north-west petrol stations as normal, as panic buying hits forecourts across the country. Choose Additional Cities in Arizona by Selecting the First Letter of the City. 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 . Operating Parter, Infrastructure & MD & CEO, Essar Ports. Rajiv was awarded the designation of Canadian Investment Manager by the Canadian Securities Institute in 2006. Prior to joining Essar, he has worked with Caf Coffee Day and UB Spirits. In those early days of the telecom boom in India, effective policies were lacking and private telecom businesses were faced with several problems. 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. as panic buying hits forecourts across the country. 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. 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. Mr Viral Gathani is the Managing Director, Finance, Energy, at Essar Capital. Essar Global Fund invests, builds and nurtures a portfolio of world-class companies through Essar Capital, its investment manager. Essar is investing to make our refinery at Stanlow, the UK's first low carbon refinery. Essar Oil (UK) Limited 2021. Following this maiden contract, Essar bagged projects at every major port in the country, including Tuticorin, Mangalore, Goa, Kakinada and Nhava-Sheva in Mumbai. The sponge iron plant, initially set up with a capacity of 0.88 million tonne per annum (MTPA), was expanded to produce 1.32 MTPA. Work on the refinery began in 1994, and by 1995, the necessary funding was in place. The joint venture company then went about consolidating operations and acquiring various telecom circles. 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 Energy, which owns the Stanlow. Box 874308 Main phone: 480-965-7682 Fax: 480-965-9199 Undergraduate & Graduate Advising. All its Suezmax tankers were approved by oil majors, an endorsement that fetches a premium in freight. Were primed to lead the national charge in the development of changing energy infrastructure and create the UKs first sustainable energy hub. A general view of Essar Oil UK's Stanlow oil refinery near Ellesmere Port, Britain, September 27, 2021. Essar Shipping diversified and modernised its fleet in the early 1990s. 925.730.0150. Scrap prices were volatile and had to be purchased with precious foreign exchange. Ensuring your bulk liquid products reach their destinations with ease. 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. The company began its operations with the construction of an outer breakwater in Chennai port, an order worth Rs 2.5 crore. Shashi Ruia began his career in the family business in 1965 under the guidance of his father, the late Nand Kishore Ruia. Marg, Mahalaxmi, Mumbai - 400034 Maharashtra, India. This landmark development supports our long term sustainability ambition to deliver the energy solutions of the future and position Stanlow as the UK's leading sustainable aviation fuel hub. This led to financial sanctions being imposed on India and Indian companies no longer had access to foreign funds. All companies under the TTP have been given until January 2022 to meet their commitments. 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. Essar did not succumb to the pressure. 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. Anshuman Ruia is known for his financial expertise and project execution skills. So Essar set up steel manufacturing facilities at Hazira with the objective of gaining value addition. 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.
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