Leading producers of Pet Coke in the world
Pet Coke, which is also known as Petroleum Coke, is a flammable byproduct derived from the distillation of crude oil. It mainly comprises carbon along with other impurities in it. It is largely utilized in various commercial industries, especially metal, construction, refractories, and fuel industries on a large scale. Pet coke is largely used for power generation, cement manufacturing, brickmaking, and manufacturing refractory materials. It has a huge implementation in metal production and is used as a raw ingredient in manufacturing aluminium metal on a large scale.
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The product is volatile in nature and is manufactured by various petroleum companies. Here are some of the key producers of pet coke enlisted in the global chart.
Top 7 Pet Coke manufacturers in the world
Top Pet Coke manufacturers in the world are:
BP Plc.
| Company Website | https://www.bp.com/ |
| Headquartered in | London, United Kingdom |
| Founded in | 1909 |
BP Plc is a leading oil and gas production firm with its headquarters located in London, UK. The company was first inaugurated in the year 1909. It is largely engaged in producing biofuels, gas, and petroleum products on a large scale. The Company is listed among the top producers of pet coke in the global market.
Phillips 66 Company
| Company Website | https://www.phillips66.com/ |
| Headquartered in | Texas, United States |
| Founded in | 2012 |
Phillips 66 Company is a multinational energy research and development organization that also deals with the production of various energy sources. It is involved in processing natural gas and petroleum products on a large scale. It was first incorporated in the year 2012, with its headquarters located in Texas, USA.
PJSC Lukoli
| Company Website | https://www.lukoil.com/ |
| Headquartered in | Moscow, Russia |
| Founded in | 1991 |
PJSC Lukoli is an oil and gas company that is mainly located in Moscow, Russia. The company was first inaugurated in 1991. The company is listed among the top producers of oil and gas companies in the world. It is mainly associated with energy production sectors on a large scale.
Royal Dutch Shell Plc.
| Company Website | https://www.shell.com/ |
| Headquartered in | London, United Kingdom |
| Founded in | 1907 |
Royal Dutch Shell Group is a global energy production company that is mainly situated in the United Kingdom, with its base headquarters located in London. The company was first incorporated in the year 1907. The company is termed a global leader in the oil and petroleum production sectors and is known to be among the largest producers of pet coke in the global market.
Indian Oil Corporation Ltd.
| Company Website | https://iocl.com/ |
| Headquartered in | New Delhi, India |
| Founded in | 1959 |
Indian Oil Corporation is a major petroleum production unit based in India. The company was first incorporated in the year 1959, with its headquarters located in Delhi. The company is known to be tagged as a key player in the global petroleum market while contributing with its standardized and refined petroleum products on a large scale. The company mainly deals with oil, gas, and petrochemical sectors on a global scale.
Valero Energy Corporation
| Company Website | https://www.valero.com/ |
| Headquartered in | Texas, USA |
| Founded in | 1980 |
Valero Energy Corporation is listed among the largest producers of pet coke in the global market. The company, with its base headquarters located in Texas, USA, is known to be associated with the production of low-carbon renewable fuel varieties on a large scale. It is one of the world’s largest and finest petroleum refiners, located in the USA. The company was established in the year 1980.
Essar
| Company Website | https://www.essar.com/ |
| Headquartered in | Maharashtra, India |
| Founded in | 1969 |
Essar is one of the leading investors that mainly associates itself with metal, energy, and technology domains. The company shows its prime associations with the energy production department and runs several units that are primarily dedicated to producing sustainable energy sources for power generation. The company was first established in the year 1969, with its headquarters located in Maharashtra, India, and an operational branch in the United Kingdom. The company is also entitled to be one of the largest pet coke producers in the world.
The pet coke market has been observed to exhibit good growth in the past few years. Its requirement in metal manufacturing and cement production units is adding to the production rate of pet coke in the global market. It is valued at around US $ 26.87 billion in the year 2022. This year, it is expected to hit a CAGR of around 5.5% between 2023-2030, hence, showcasing a positive graph in the forecast period.
About Author:
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Sai Prasanna Swain Associate Content Writer at Procurement Resource Sai Prasanna is a seasoned content writer and an ardent researcher. With her mastery in the domains of chemical research, supply chain, and procurement, she has established herself as a promising research writer over the years. Thorough product evaluation, feasibility, and market dynamics are some of the facets of her writing style and responsibility at IMARC. |
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