Author: paresh vaidya

Essar safety record delivers £9,000 for local charities

Outstanding safety performance at Essar’s Stanlow Refinery in the first few months of the year has resulted in £9,000 being donated to local charities. Essar’s Let’s Give programme, which links safety milestones and charitable giving, recognised the safety achievements by presenting £3,000 each to three charities: The NeuroMuscular Centre, The Wirral Community Narrowboat Trust, and […]

Essar signs four year extension as title sponsors of Chester Half Marathon

Active Leisure and Essar announced today that they had signed a contract extension, which will see Essar continue as title sponsors of the Chester Half Marathon for another four years.  The new agreement, for Essar sponsorship of one of the UK’s longest running and most high profile Half Marathons, will take the event past its […]

Essar Oil UK to see rise in margins following refinery upgradation

  Essar Oil (UK), which owns and operates Britain’s Stanlow Refinery, will touch double-digit margins this fiscal after it completed a USD 250 million investment in upgradation of the refinery, its chief executive S Thangapandian said. The company, controlled by Ruia-family of Mumbai that sold Essar Oil to Russia’s Rosneft for USD 12.9 billion, has […]

Essar Oil UK looks to raise jet fuel output

  Essar Oil UK plans to focus on increasing its jet fuel production from its Stanlow refinery in the UK as it has higher life span. The refinery, at present, supplies 100% of the jet fuel requirement at Liverpool and Leeds airports, and 85% of the requirement at Manchester airport. In addition, the firm has […]

Festive fundraising at Essar delivers Winter Warmth with Age UK Cheshire

Stanlow, 15 January 2018: A local ‘Winter Warmth’ campaign, led by Age UK Cheshire, has benefited from a donation of over £3,400 thanks to fundraising efforts at Essar’s Stanlow refinery in Ellesmere Port.   Employees supported the campaign by raising over £1,700 through collections across the site as they celebrated the festive period with a ‘Christmas […]

Essar Oil UK announces record H1 FY18 performance

H1 FY18 (September ending) highlights Record EBITDA for a six month period at $264 million (Rs 1,691.18 cr) vs $118 million (Rs 755.91 cr) in H1 FY17 Record Profit after Tax for a six month period of $169 million (Rs 1,082.61 cr) vs $51 million (Rs 326.71 cr) in H1 FY17 Revenues of $2.7 billion […]