Essar Oil UK reports positive progress on financings

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Stanlow, 22 April 2021: Essar Oil UK, the owner of the Stanlow Refinery, reported today that it has successfully addressed the required financing to replace the previous receivables facility. The refinery continues to operate as normal, with uninterrupted supply of products to meet the needs of our customers. Demand for the refinery’s products continues to strengthen […]

Essar donates £3,000 to support Warrington charity

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Stanlow, April 21, 2021: A significant safety milestone at the Stanlow Manufacturing Complex has seen a £3,000 donation made to Special Educational Needs & Disabilities (SEND) charity, Families United (Warrington). The funds were provided through Essar’s ‘Let’s Give’ scheme, which links the company’s commitment to safety directly with charitable giving and came after one million hours […]

Essar Oil UK expects positive cash flow in April 2021

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Stanlow, 16 April 2021: Essar Oil UK reported today that sales of products[1] from the Stanlow Refinery is expected to see a 63% year-on-year increase to 537kT in April 2021, in comparison to 329kT in April 2020. By way of comparison, sales in February 2020 were 661kT. These figures confirm that EBITDA for April 2021 is expected […]

Essar strengthens Executive Leadership Team with senior appointment

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Stanlow, 8th April, 2021: Essar is pleased to announce the further strengthening of its Executive Leadership Team with the appointment of Mark Pennifold as Chief People Officer. Mark is a highly experienced Human Resources professional who has worked at senior level within both the Automotive and Chemicals manufacturing industries. He was most recently the Human Resources […]

Sanjay Palve, Senior Managing Director – Essar Capital, shares his views on RBI’s first bi-monthly Monetary Policy for the financial year 2021-22.

As we witness the second wave of Covid-19 and its implications on the economic growth and inflation, the decision to hold the accommodative stance and keep repo rate at 4% was anticipated. The country’s economic recovery is still fragile and as the external demand continues to be uncertain, RBI’s continuous support, proactive and balanced approach […]

Essar donates £3,000 to provide dementia support

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Stanlow, March 30th, 2021: A significant safety milestone reached at Essar Stanlow has seen a £3,000 donation made to The Alzheimer’s Society. The award recognises the recent achievement of reaching one million hours without a Recordable Injury at the Ellesmere Port site. The funds were raised through Essar’s ‘Let’s Give’ scheme, which links the company’s commitment […]

Shri Mandaviya flags off new Hazira to Diu cruise route from Essar’s ferry terminal

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Hazira/Mumbai, March 31, 2021: Essar Bulk Terminal Ltd (EBTL), part of ports business of Essar, today said that it a new cruise route from Hazira to Diu was launched from its passenger ferry terminal at Hazira Port, thus revolutionizing coastal transportation across the western coast of India and giving a boost to coastal tourism for the […]

EOGEPL provides amenities for women and kids through 12 Anganwadi Centers

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Integrated Child Development Services (ICDS) scheme is world’s largest community based programme. The scheme is targeted at children up to the age of 6 years, pregnant and lactating mothers, and women 16–44 years of age. The scheme is aimed to improve the health, nutrition and education of the targeted community. The scheme was launched by […]