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Asia

Essar to invest $5.8 billion in Stanlow Energy Hub Transition

Markets-Economic Times · 1h ago · 🇮🇳 India

Essar to invest $5.8 billion in Stanlow Energy Hub Transition

Essar Group plans a significant £4.3 billion expansion for its UK Stanlow refinery. This project will establish an energy transition hub focused on low-carbon hydrogen production. The company is nearing a final investment decision on projects exceeding £1 billion. Plans include reconfiguring the refinery and expanding its fuel retail network. Essar has already boosted Stanlow's processing capacity and built a hydrogen-ready furnace.

Read the full story at Markets-Economic Times →

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