HomeNewsBusinessEssar's Stanlow Terminals to invest in UK's 'largest' biofuels storage

Essar's Stanlow Terminals to invest in UK's 'largest' biofuels storage

The investment is aimed at delivering 300,000 cubic metres of capacity to support customers in delivering the UK’s net zero transition climate target.

December 13, 2021 / 21:08 IST
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Representative image
Representative image

Stanlow Terminals Limited (STL), part of Indian conglomerate Essar’s UK arm – Essar Oil UK, on Monday announced plans to make investments over the next three years to develop the UK’s "largest" biofuels storage hub located in the north west of England.

STL said the new facilities at the Stanlow Manufacturing Complex and Tranmere Terminal, located within the Port of Liverpool, will allow customers to store, blend and distribute bio-fuels suitable for use in the energy transition as drop-in replacement transport fuels for road, aviation and marine.

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It said the investment is a key pillar in Stanlow Terminals’ strategic objective to become the UK’s largest bulk liquid storage and energy infrastructure solutions provider.

“These key investments, and continued growth of our strategic relationships with customers, means Stanlow Terminals is firmly on track to becoming the largest sustainable storage and logistics hub in the UK,” said Prashant Ruia, Essar Non-executive Chairman.