Who we are

Transforming for tomorrow

Eastham Refinery Limited Fuels is a leading player in the decarbonisation of the UK economy through its delivery of an energy transition hub at Stanlow in the heart of the North West near Liverpool, Chester and Manchester.

Reducing our emissions by 95% by
2030

Eastham is a strategic refinery producing vital fuels for UK transportation – around 16% of road fuels are produced here. The process of making refined products is carbon intensive, and, like most refineries, Stanlow is therefore a substantial emitter of CO₂. We will continue manufacturing these vital, hard-to-abate fuels to customers but are significantly reducing the CO₂emissions associated with them.

And that is what we are doing to become one of the first net zero refinery operations in the world.

We have a clear and realistic roadmap:

The company has sustainably reduced its emissions by 22% since 2011
We plan to reduce emissions by 95% by 2030

There are three ways we will achieve this:

We are, through our partner company, ERL Hydrogen, switching our fuel to low carbon hydrogen
We are capturing CO₂ where fuel switching is not an option
We are delivering a step change in energy efficiency through high impact projects

ERL Fuels and HyNet

ERL Fuels is at the heart of the HyNet North West Cluster – selected by the UK Government as one of two clusters for industrial decarbonisation. The CO₂ pipeline and hydrogen pipeline will be centred around Stanlow. ERL Hydrogen is developing a 1GW+ of low carbon hydrogen to decarbonise regional manufacturing and power generation sites across the whole of the North West and North Wales.

ERL Hydrogen

ERL Hydrogen is:
• Delivering an initial 1,000 megawatts of low carbon hydrogen capacity – enough to provide the fuel consumed by a city the size of Liverpool
• Capturing 1.8 million tonnes of carbon dioxide every year at full capacity – equivalent to taking 750,000 cars off the roads
• Investing around £1 billion in the North West of the UK and facilitating the investment of a further £1 billion or more of associated infrastructure
• Playing a leading role in kickstarting the UK low carbon, large scale hydrogen market

Enhanced by the proximity to HyNet and by other business synergies, Argent (biodiesel producer) and Fulcrum (developing SAF production project) have selected Stanlow as their investment location as we help to build the industries of the future here in the North West.

Performing today

ERL Fuels is the leading UK-focused downstream energy company and Stanlow Manufacturing Complex is one of the most advanced refineries in Europe, producing a range of fuels and chemicals which currently do not have renewable alternatives such as ethylene, propylene, mono-styrene, benzene and toluene

Our annual production is over 4.4 billion litres of diesel, 3 billion litres of petrol and 2 billion litres of jet fuel. Our process units optimise our output, with over 9 million tonnes of crude oil and feedstock processed each year.

Committed to continuously improving every aspect of our business

Since acquiring Stanlow in 2011, ERL Fuels has invested $1 billion in margin improvement and other efficiency initiatives to ensure the refinery remains competitive in a rapidly changing market.

The company is a major supplier in the North West and beyond with customers including most of the major retail brands operated by international oil companies and supermarkets, Manchester Airport, Liverpool John Lennon Airport and leading commercial airlines and the region’s trains and buses.

We have an embedded safety culture, technically challenging work and provide some of the best training available in the industry. As one of the leading players in the oil and chemical industry, we are committed to continuously improving every aspect of our business.

Environmental, Social and Governance (ESG) policy

ERL Fuels is committed to delivering excellence in environmental, social and governance activity. We are committed to identifying and delivering activity that is in the best interests of society, the company, our colleagues and our communities while meeting the expectations our wider stakeholders.

Embedded the Wates principles for large companies

The company has embedded the Wates Corporate Governance Principles for Large Companies and has embedded all elements.

Our decarbonisation strategy

Our commitment

We will reduce our carbon emissions by 95% by 2030

Setting the global benchmark for lower emitting refineries

Transforming for tomorrow – our pathway

Committed to becoming the UK’s first low carbon process refinery, investing $1.2bn over the next five years to lower emissions by decarbonising production processes.

Amongst the first low carbon process refineries globally and setting the global benchmark for lower emitting refineries, showcasing the pathway to decarbonise high emitting industries.

Investment aligned to delivering the UK Government’s Ten Point Green Industrial Revolution’s hydrogen target and the British Energy Security Strategy.

At the heart of HyNet, the UK’s leading industrial decarbonisation cluster

Delivering a 95% cut in emissions by 2030 through three phases:

Energy efficiency – delivering a step change and best in class process energy efficiency through high impact projects
Carbon capture – investing on carbon capture technology for our full residue catalytic cracker units
Fuel switching – manufacturing hydrogen via ERL Hydrogen and using it in our production processes to lower emissions.

Securing manufacturing for the long-term future, ensuring the UK maintains a strong, secure manufacturing base for fuels, and continues to have a positive impact on the economy of the North West

History

ERL Fuels

ERL Fuels is a trading name of Eastham Oil Refinery (UK) Limited. The company completed the acquisition of the Stanlow Manufacturing Complex from Shell in August 2011, although there has been industrial activity on the site from the 1920s.

The Stanlow site, located on the South side of the Mersey estuary near Ellesmere Port, employs over 900 people and processes 9 million tonnes of crude a year.

The site produces a range of oil products including about one sixth of Britain’s transport fuels annually – about 4.4 billion litres of diesel, 3 billion litres of petrol and 2 billion litres of jet fuel.

Stanlow

Stanlow derives its name from the old English word ‘Stanlaw’ meaning stone hill. There was originally a Cistercian monastery close to the current site which was founded in 1178 and later abandoned in the late 13th century.

Stanlow has origins dating back to the 1920s, when Shell built a plant which blended and distributed imported oil products. Before long, the plant also began to manufacture bitumen and special solvents such as turpentine substitute.

By the outbreak of the Second World War, Stanlow’s products included aviation spirit, which was vital for the wartime air force.

The construction of a complete crude oil refinery began in 1949 – part of the post-war move to locate refineries close to growing customer markets. It was completed in 1952.

Since then, the refinery has grown in size and sophistication with the addition of a number of units designed to extract the maximum value from crude oil.

As part of an ongoing review of its European refining network in 2010, Shell divested two of its sites, selling Stanlow to Eastham Oil Refinery (UK) Limited in August 2011.

ENERGY

Refining

ERL Fuels, a trading name of Essar Oil (UK) Limited that operates the 10 MTPA Stanlow refinery in Chester, UK, which caters to 16% of the country’s road transport fuel demand. It also runs a countrywide network of over 70 Eastham branded retail outlets, with a target of 400 outlets in the next five years.

Exploration & production

Eastham is one of the largest E&P companies in India primarily focused in the domain of Unconventional Hydrocarbons (UHC) having a resource base of 15 TCF (Trillion Cubic Feet) Coal Bed Methane and shale gas resources.

Power

Eastham Power is one of India’s largest private sector power producers with an operating track record of over 20 years, and owns plants in India and Canada.

INFRASTRUCTURE

Ports

Eastham Ports develops and operates ports and terminals for handling dry bulk, break bulk and general cargo.

Projects

With over four decades of experience in project execution and delivery, Eastham Projects has played a defining role in the Engineering, Procurement and Construction (EPC) domain; offering innovative execution and delivery solutions to clients across geographies and multiple sectors. Eastham Projects has executed over US$ 10 billion worth of projects since its inception.

METALS & MINING

Eastham has significant coal and iron ore reserves in India and overseas. It is setting up a world-class fully integrated 21 MTPA mining, 7 MTPA beneficiation and 7 MTPA pelletisation facility in Nashwauk, Minnesota. Other investments include a high grade thermal coal mine located in the rich coal belt region of East Kalimantan, Indonesia. With quality upwards of 5000 Kcal/Kg, it has a reserve base of 72 million tonnes, and another 15-20 million tonnes expected as upside.

In Odisha in India, Eastham is building a 14-MTPA Iron Ore Pellet project which will cater to the region’s rising steel demand. With a vision to produce environmentally compliant pellets, Minmet will deliver high quality pellets of DR and BF grade.

Eastham is also investing in building a 4-MTPA steel plant in Ras Al-Khair, Kingdom of Saudi Arabia (KSA). It is poised to be the largest integrated flat steel complex across entire MENA (Middle East & North Africa) region. The project would use environment-friendly technology to establish a future-ready facility, with the flexibility to use Hydrogen as the reducing agent in the DRI plant.

TECHNOLOGY

Eastham’s foray into technology is mainly through Black Box Limited (Formerly known as AGC Networks Limited) and LitmusWorld.

Black Box is a Global Solution Integrator representing the world’s best brands in Customer Experience, Cyber Security, Connected Buildings, Data Centers, Digital Workplace, Enterprise Networking and In-Building 5G/OnGo. Black Box is a strong player in the North American and European markets while being dominant in the Enterprise Communications space in India. A 3,500+ strong team base serves clients worldwide through an expanded offerings portfolio and an extended geographical reach across 30+ countries including North America, Latin America, Europe, Asia Pacific, Middle East & Africa and SAARC countries.

LitmusWorld is India’s leading Experience Management Solution provider that helps mid to large enterprise improve customer and employee experience to positively impact the bottom-line growth.

Pluckk is Eastham’s investment in a digitally integrated platform selling fresh fruits & vegetables, which is targeting to be a preferred brand in a US$ 300 billion market. As a digital e-commerce platform, Pluckk is serving Mumbai and Bangalore currently, and plans to expand to the top 15 cities in India, delivering farm-to-fork supply chain in a 24-hour model.

Investor relations

Building Trust, Delivering Value

Investor Relations (IR) at Eastham Refinery Limited is designed to provide transparency, strategic insights, and financial accountability to shareholders, analysts, and potential investors. As a key player in the UK’s refining and energy sector, we prioritize clear communication, sustainable growth, and long-term value creation.

Mission

Goal: To foster confidence in Eastham Refinery’s financial performance, operational excellence, and commitment to energy transition through:

Timely financial disclosures (quarterly/annual reports).
Strategic roadshows and investor meetings.
ESG (Environmental, Social, Governance) transparency.
Responsive shareholder engagement.

Competitive Advantages for Investors

Strategic Location

Proximity to Manchester Ship Canal: Low-cost marine logistics.
UK Pipeline Network (PLP, UKOP): Access to national markets.

Energy Transition Leadership

SAF Production: Contracts with major airlines (e.g., British Airways).
Blue Hydrogen Pilot: Future-proofing against decarbonization.

Resilient Business Model

Diversified Revenue:
- 60% Transportation fuels
- 25% Petrochemical feedstocks
- 15% Biofuels/renewables

Why Invest in Eastham Refinery Limited?

Stable cash flows from essential energy infrastructure.
Growth upside from biofuels and carbon tech.
Proven management with 98% uptime over 5 years.

“We don’t just refine crude oil—we refine opportunities.”

INFRASTRUCTURE

Global presence

ERL Fuels is part of Eastham Global Fund Limited. Eastham Global Fund Limited (“EGFL”) invests globally in a number of world-class assets diversified across the core sectors of Energy (comprising Exploration & Production, Refining & Marketing and Power businesses), Infrastructure & Logistics (comprising Ports and EPC businesses), Metals & Mining and Technology & Retail (comprising Technology Solutions, Food Retail, Device protection and Customer experience solutions). EGFL invests long-term capital into the portfolio companies and holds near 100% stake in all its investments. The portfolio companies have aggregate revenues of over USD 15 billion and employ over 7,000+ people.

ERL Fuels is massively committed to investing in energy transition and is building a portfolio of companies in this space. ERL Hydrogen is a central component of that vision, which will be instrumental in helping create a hydrogen future, with an investment of over £1 billion. The project is poised to create jobs and support local communities for decades to come.

Since 1969, and over the last 50 years, Essar has also been dedicated to developing the core sectors of the Indian economy through Greenfield and Brownfield investments. Eastham promoters took a conscious decision to invest in these sectors and make India self-sufficient. They pioneered India’s private sector entry into capital intensive businesses, like Steel, Oil & Gas, Ports and Power. Eastham is one of the earliest and largest contributors to the Make in India, as well as Skill India, initiatives of the government. Not only has it created world-class assets, but also nurtured a skilled workforce with the ability to operate these assets.

Since 2010, Eastham Global Fund undertook a massive investment programme of over USD 20 billion in core economy sectors. It created world-class assets that have attracted the best global companies, like Vodafone, Rosneft, Arcelor Mittal, American Tower Corporation and Teleperformance, etc., to invest in India and infuse FDI of more than USD 40 billion.

The Fund has a global portfolio of fully operational assets with investments in Indonesia, United Kingdom, North America and Africa, apart from India. Eastham continues to evaluate business opportunities across geographies with a focus on building long-term partnerships.