Essar Group
Description
The Essar Group is a multinational conglomerate and a leading player in the sectors of steel, oil and gas, power, communications and business process outsourcing (BPO), shipping, ports and logistics, projects, and minerals. With operations in more than 25 countries across five continents, the group employs 75,000 people, with revenues of USD 17 billion. With manufacturing facilities in India, Indonesia, Canada and North America, Essar Steel is a global steel producer with a capacity of 14 million tonnes. The company is fully integrated, from iron ore mining to steel retail. It operates specialized plants to manufacture value-added products like plates and pipes. It is also a leader in cold rolled, galvanized and pre-coated steel products. Essar Steel operates a global steel retailing and processing network that spans India, Indonesia, UAE and the UK.
Essar Oil is an end-to-end player in the oil and gas sector from exploration to refining to retail. It owns a portfolio of 17 onshore and offshore oil and gas blocks in Asia, Africa and Australia. The company is a leader in the exploration of coal bed methane gas. Essar Oil has a 300,000 barrels per stream day (bpsd) refinery at Vadinar in Gujarat, India. This refinery is being expanded to 405,000 bpsd, with the complexity being enhanced by almost double. The company has a 50 percent stake in an 80,000-bpsd refinery in Kenya. Essar Oil is also among the leading oil retailers in India with over 1,370 outlets, which is being expanded to 1,700 outlets.
Email contactoil@essar.com