She has more than 23 years of experience in Human Resources, having worked across industries like Manufacturing, Pharma, IT and Retail. Contact Us | ASU Foundation Sr. Subsequently he took responsibility as President Global Markets & Strategy since 2012 where he was responsible for sales, pricing strategy, marketing, and product & category management for the Steel business. 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. Essar is investing over 1 billion into a range of energy efficiency, fuel-switching, and carbon capture initiatives, designed to decarbonise its production processes significantly by 2030 and put Essar at the forefront of the UKs shift to low carbon energy. In this way, the share of value-added products increased from 35 percent to 70 percent of total production. Managing Director, Finance, Infrastructure, Technology & Retail, Managing Director, Business Development, Metals & Mining, Download Corporate Film(Extended Version). 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. Contact Us | School of Social Transformation - Arizona State University Mr Rajiv Gujjalu serves as Director Essar Global Fund Limited (EGFL). 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. He would be responsible for advising and leading the company with regards all investments and opportunities in the metals & mining sector. Rajiv Agarwal is the Operating Partner, Infrastructure, at Essar Capital and Managing Director, Essar Ports.He has over 30 years of experience and has held leadership positions in sectors such as Ports, Shipping, Telecom, Retail and Business Processing Outsourcing. Essar Oil UK to build $430 mln carbon capture facility at Stanlow He has held several leadership positions at Adani Group, Larson & Toubro Ltd, Binani Industries Ltd. amongst others. Today, the Hazira power plant has two power purchase agreementsone with the Gujarat State Electricity Board and the second with Essar Steel. Essar negotiated with the FRN holders for a one-time settlement and refinanced its entire rupee debt at a lower cost. Essar continues to be the largest Indian exporter of flat steel. 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. Kailash Daultani currently serves as the Managing Director, Treasury and Finance, at Essar Capital. Even during the downturn in the shipping industry, Essar Shipping registered profits. Contact information for Essar companies in India and worldwide . and more than 70 percent of its shipping revenues came from international operations. Vikash Saraf is the non-executive director of Essar Capital. Essar braced itself for the oncoming challenge. Regular ferry services connect Stanlow from Liverpool and Holyhead to Ireland, Isle of Man, Northern Ireland and northern Spain. Essar is investing to make our refinery at Stanlow, the UK's first low carbon refinery. This plant helped Essar Constructions garner expertise in building power plants in addition to its valuable experience in other sectors, including the steel plant for Essar Steel. Prior to joining Essar, he was associated with EY as a Partner for 11 years. Essar and the + device are registered trademarks of the Rising Groups Limited, an Essar Group company. 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. Crude oil is supplied to the refinery via a 15 mile pipeline from the companys Tranmere facility further downstream in the Mersey Estuary. Essar merged these circles into Hutchison Essar to create a telecom major. Essar saw a great opportunity and bought Indias first private tanker in 1976 for around USD 2 million. With Assets Under Management (AUM) of USD 8.2 billion, as on 31 March 2021, and a net asset value of USD 4.4 billion, the current investment portfolio of EGFL is future centric and value accretive. The takeover of SCGL has enabled Essar to widen its product base and cater to a larger segment of industries. Investing in an end-to-end logistics infrastructure. In early 2005, Essar restructured the balance sheet and work resumed with renewed vigor on completing the refinery project. 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. He has also advised boards and management on major transactions in 34 countries. This arrangement was made for two principal reasons: One, Indian financial institutions were not in a position to lend for a longer term; two, raising foreign currency debt beyond five years was not permitted at that time. . Essar followed up this success, by setting up a pellet plant in Visakhapatnam as part of its backward integration strategy. All Rights Reserved. Copyright 2023 Essar. Essar Energy, which owns the Stanlow. 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. Stanlow Terminals Limited Northampton Diesel 121.98 ppl, PU10 114.89 ppl. Steel: The uncertainties of a cyclical business. 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. Deepak Maheshwari, CEO of Essar Oil UK said: This new carbon capture plant is the single biggest initiative to decarbonise our processes and a core element to our hugely ambitious decarbonisation strategy. 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. Alok Gupta is the Operating Partner, Technology & Retail, at Essar Capital. 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. He brings with him 39 years of experience, and has extensive experience in the renewable energy sector. Tempe, Arizona white page directory listings include full name, phone number and address. His academic research paper on Sustainability and Renewable Consumption Obligation has been presented at forums of international repute. Additionally, he has held leadership positions at IAA Healthcare, Metropolitan Insurance, CIM Global Business, CIM Asset Management, Ireland Blyth Limited and HSBC respectively. Try LightSource for your strategic sourcing. 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. 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. 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 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. When commercial production began in 1996, this had fallen to USD 380 per tonne. Dhanpat Nahata is the General Partner, Strategy and Risk, at Essar Capital. Fulcrum NorthPoint | Fulcrum BioEnergy Essar teamed up with Brown & Root of USA in laying an under-sea pipeline from the offshore Bassein gas field to Hazira. It also complements the announcement last month regarding a blue hydrogen development at Stanlow as part of the HyNet project. Essar owned 33% stake in the consolidated entity. 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. This prompted Essar to start manufacturing sponge iron. 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. He has a strong professional record in streamlining litigation, M&A, turnkey contract management, IPR, project financing, international arbitration and compliance support. He is responsible to advise and represent the company for all the legal matters concerning the Energy sector investments and portfolio businesses. At Stanlow Terminals, we pride ourselves on being flexible to our customers needs, with a market leading storage offering. He has held key leadership positions at Jindal Steel & Power Ltd, Jet Airways, Essar and Dell international. Mr Deepak Sogani joined ESSAR in August 2020 as Managing Director Finance, Essar Capital, the investment manager for Essar Global Fund Limited (EGFL). Essar Oil UK and Fulcrum BioEnergy reveal SAF plant plans 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. With over 32 years of work experience in the technological sector, Alok leads all new capital investment recommendations to the companys board. Essar Ports Limited Essar House, 11, K.K. He also has rich experience in leading change management, cultural transformation, organisational redesign and restructuring. Hazira was also the land fall point for gas from the Bassein gas field in Bombay High. REUTERS/Phil Noble LONDON, Nov 30 (Reuters) - Essar Oil UK said on Wednesday it planned. Once complete in 2027, the plant will eliminate an estimated 0.81 million tons of CO2 per year the equivalent of taking 400,000 cars off the road, eliminating nearly 40% of all Stanlow emissions. Tempe, AZ White Pages. Essar Oil UK is committed to helping drive the UK's decarbonisation strategy. White Pages - Find People In | Addresses 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. Essar had financed the project through a combination of rupee debt and Floating Rate Notes (FRN)both on a five-year tenure. 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. He joined Essar in early 2000 and has played a key role on strategic investments of Essar in core economy and infrastructure sectors. In 1995, a few months after mobile telephony was opened up to private participation, Essar became the first company to start GSM operations in Delhi under the brand name, Essar Cellphones. It that happened, the refinery would be likely to be taken on by the official receiver, to keep the refinery running. Sponge iron generation capacity was also increased to 5.5 MTPA. 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. Object reference not set to an instance of an object. A slew of projects in each of these businesses were initiated in the 1990s when the Indian economy was booming. 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. 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. Worse was to follow. Essar to make 1.98bn energy transition investment | Zenoot 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. Essar then acquired licenses for Eastern UP, Rajasthan, Haryana and Punjab. Having started his career with HPCL, he worked with National Oil Nigeria, Reliance Industries Ltd., TotalFinaELF and Gulf Oil India. 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 . He has held key leadership positions at YES Bank Ltd. and ICICI Bank Ltd. Around the mid-1980s, the Government also opened up the contract drilling business to Indian private companies. Rajiv was awarded the designation of Canadian Investment Manager by the Canadian Securities Institute in 2006. Within 18 months after work resumed, Essar began commissioning the refinery in phases. Plant owner Essar is also investing in a . Production started in November 2006 with a capacity of 7.5 MTPA. Stanlow oil refinery 'on brink of collapse' as crisis talks continue He is a part of the Management Committee of Essar Capital. In order to lend stability to the Group, Essar planned to enter manufacturing. Andrew Wright is the Managing Director, Legal, at Essar Capital. Around this time, Bombay High had just started producing oil, which needed to be transported onshore. 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. 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. It still owes 223m, and was reportedly due to start repayments this week. . Acting as director of several client companies, Rajiv is a Fellow member of the Mauritius Institute of Directors since 2012. Box 2260 Tempe, Arizona 85280-2260 For all other mailing needs: ASU Foundation P.O. A general view of Essar Oil UK's Stanlow oil refinery near Ellesmere Port, Britain, September 27, 2021. Essar Ports is both a people-driven and people-centric organisation. 20 August 2011. Being the largest independent means we can move quickly to meet your bulk liquid storage needs, Unique Refinery Access Priya Chakravarty is the Senior Director, HR, at Essar Capital. Rahul Taneja is the Managing Director, Human Capital at Essar Capital. 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. Correspondence address The Administration Building, 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB . Viral has held key leadership positions at Vedanta Resources Plc, CIMB Securities/ Royal Bank of Scotland, Warburg Pincus, Citigroup, and Credit Suisse. Essar Energy enters into agreement to buy Royal Dutch Shell's Stanlow refinery for US$350 million. For SBI, the proposal posed a real challenge since it involved a first-of-its-kind transaction for the bank as well! Maharashtra, India, Copyright 2021 All rights reserved By 2030, Vertex expects to deliver nearly 4GW of low carbon hydrogen, equivalent to c.40% of the UK Governments national target. Prior to Essar, he has worked with Archean Group as Group President, and with SIVA group as CEO for about 15 years. 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. 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. This included an oil terminal at Vadinar with a capacity to receive 32 MTPA of crude, 14 MTPA product dispatch facilities through sea, crude storage facilities, and product dispatch facilities by road and rail. Suite 220 Low carbon project at Stanlow secures Government backing - Essar In 1999, the government announced a new telecom policy that was more conducive to growth. Prior to joining Essar, he has worked with Caf Coffee Day and UB Spirits. He also ensures the successful delivery of the organisations corporate and business plans and desired outcomes. Similarly, Essar Bulk Terminal was set up to create bulk terminal facilities at Hazira and other ports. Having completed his law degree from the University of Leeds, United Kingdom, Andrew has over 25 years of rich experience. During the period of stoppage, Essar had wisely planned for technology upgrades. The steel generation capacity at the Hazira plant was raised from 2 MTPA to 2.4 MTPA through de-bottlenecking. The energy industry is changing. 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. Essar had contracts with Chevron, Exxon-Mobil, Stat Oil, Shell, etc. Rakesh Kankanala is the Managing Director, Managing Director, M&A, Infrastructure, of Essar Capital. Michelle Lewis, Corporate Affairs Director, Essar: michelle.lewis@essaroil.co.uk / 07805 854169, Peter Ogden, Powerscourt: essar@powerscourt-group.com / 07793 858 211. With has a nameplate capacity of 296,000 barrels of oil a day, it is responsible for about one sixth of the UK's petrol supply. 925.730.0150. Moreover, the quality of scrap was also not always up to the mark. Stanlow, 15th February, 2021. He has overseen Essars BPO and Power businesses, Smiti is a self-driven business leader and a true entrepreneur at heart.
Anthony Doherty Ira, Articles E