Essar unit EET Fuels celebrates 100th anniversary of Stanlow refinery in UK
09-May-2024 04:31 PM 2085
New Delhi, May 9 (Reporter) Essar group company EET Fuels (formerly Essar Oil UK) on Thursday announced the commemoration of the 100th anniversary of the Stanlow refinery in the United Kingdom (UK).The Stanlow refinery in Ellesmere Port began producing fuels in 1924 as a bitumen production site. It was acquired by Essar in 2011.Following its acquisition, Stanlow has undergone a major investment programme, with ambitions to become the world’s first low carbon refinery and one of the largest hydrogen production hubs in the world.The Essar group said that Stanlow refinery's centenary celebration will last several months and will encompass a series of events and initiatives that recognise its contribution to the Cheshire community, the North West region, and the UK as a whole.“For a century, Stanlow has kept Britain moving. We are immensely proud of the refinery's heritage and its unwavering commitment to supplying high-quality products and fuels safely and reliably," said Prashant Ruia, Chairman of EET.He further said, "The massive transition strategy we are implementing, with the ambition of making Stanlow the world’s first low carbon refinery, as well as the UK’s leading producer of hydrogen as part of the HyNet consortium, is set to re-position Stanlow and the North West of England for the next 100 years and beyond, ensuring this iconic facility remains at the very heart of the UK’s industrial future.”In February 2023, Essar announced Essar Energy Transition (EET) to drive the creation of the UK’s leading energy transition hub in the North West of England at Stanlow. EET plans to invest a total of US$3 billion in developing a range of low carbon energy transition projects over the next five years across its site at Stanlow, between Liverpool and Manchester.Deepak Maheshwari, CEO, EET Fuels, said, “Stanlow has continuously adapted and innovated over the past century to meet changing social, environmental and market needs and expectations. We are committed to securing the refinery's continued success for generations to come, while also playing a leading role in the UK's transition to a lower-carbon economy...////...
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