Essar Oil UK Rebrands To EET Fuels

Essar Oil UK, on Thursday, said that it has become EET Fuels, as it delivers on its plan to become the UK’s first low-carbon refinery, setting the global benchmark for lower-emitting refineries and industrial decarbonisation.

According to the statement, EET Fuels is investing USD 1.2 billion to support industrial decarbonisation, with the ambition to deliver a 95 per cent cut in carbon emissions associated with its production processes by 2030. That is two million tonnes of carbon emissions per year – 12.5 per cent of all of the North West’s carbon emissions, thereby making a substantial contribution to the UK’s plans to decarbonise industry."

Deepak Maheshwari, CEO, EET Fuels, said, “EET plans to invest a total of US$3.6 billion in developing a range of low carbon energy transition projects over the next five years, of which USD 2.4 billion will be invested across its site at Stanlow, between Liverpool and Manchester 

For a century, the refinery based at Stanlow, on the River Mersey, has provided the fuel and chemical building blocks that people rely on for their everyday lives.  EET Fuels remains committed to sustainably meeting the energy needs of the country.  Supporting the UK’s energy transition ambitions, EET Fuels is changing the way fuels are produced by significantly reducing all emissions related to the company’s production processes.