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Essar celebrates 15 years of Stanlow ownership

Essar celebrates 15 years of Stanlow ownership
Essar Group has just celebrated 15 years of ownership and stewardship of the Stanlow Manufacturing Complex - one of Europe’s most advanced refining assets.

In 2011, Essar acquired Stanlow and committed to a long-term modernisation strategy.  Over the past 15 years, Essar’s £1 billion (€1.15 billion) investment has reshaped the refinery ensuring it retained its position as a critical national asset.

Key upgrades include reconfiguring the site to a highly efficient single-train operation to increase yields of higher-value products, expanding the range of crude grades processed and upgrading Stanlow's catalytic cracker.

Essar is now re-writing the future of Stanlow, including decarbonisation which includes advancing a £4.3 billion (€5 billion) investment pipeline, with over £1 billion (€1.15 billion) nearing a Final Investment Decision (FiD), to transform Stanlow into a world-leading energy transition hub.  Hydrogen production is central to this plan.

Prashant Ruia, chairman of Essar Energy Transition, commented: “We are proud to mark 15 years since acquiring Stanlow.  It remains a privilege to steward this critical asset, and we remain committed to its future.

“Our investment pipeline represents a significant growth opportunity for the UK, supporting the country’s energy transition, generating massive long-term economic value, and creating thousands of highly skilled jobs built on the site’s proud industrial heritage.”

 


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