Top 10 Companies in the Green Coke Industry (2025): Market Leaders Driving Industrial Decarbonization

In Business Insights
July 06, 2025

The Global Green Coke Market was valued at USD 7.4 Billion in 2024 and is projected to reach USD 11 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period (2024-2032). This growth is fueled by increasing demand from energy-intensive industries including aluminum production, steel manufacturing, and cement plants, alongside global efforts to optimize petroleum refining byproducts.

As industries seek sustainable carbon materials, green coke (a high-carbon petroleum coke produced through delayed coking) has become strategically important. This blog examines the Top 10 Companies in the Green Coke Industry that are setting benchmarks in production capacity, product quality, and environmental stewardship.


🔟 1. Sinopec Corporation

Headquarters: Beijing, China
Key Offering: Anode-grade green coke, Regular grade coke

Sinopec dominates China’s green coke production through its extensive refining network. The company supplies over 30% of domestic aluminum smelter requirements and maintains rigorous quality standards across its coker operations.

Sustainability Initiatives:

  • Implementing AI-powered coke quality optimization systems

  • Flare gas recovery projects across refineries

  • Committed to peak carbon emissions by 2030

Download FREE Sample Report: Green Coke Market – Detailed Research Report


9️⃣ 2. ExxonMobil Corporation

Headquarters: Irving, Texas, USA
Key Offering: Premium anode-grade coke, Fuel-grade coke

ExxonMobil operates world-scale delayed coking capacity, producing consistent-quality green coke from its U.S. and Singapore refineries. The company focuses on high-value anode-grade products for global aluminum producers.

Sustainability Initiatives:

  • Pilot carbon capture projects at coker units

  • Advanced particulate control systems


8️⃣ 3. Shell PLC

Headquarters: London, United Kingdom
Key Offering: Low-sulfur green coke, Fuel-grade variants

Shell integrates green coke production within its refining operations across Europe and Asia. The company has developed proprietary processes to reduce sulfur content, making its products desirable for environmentally sensitive applications.

Sustainability Initiatives:

  • Circular economy initiatives for coke byproducts

  • Partnering with aluminum producers on carbon footprint reduction


7️⃣ 4. Marathon Petroleum Corporation

Headquarters: Findlay, Ohio, USA
Key Offering: Anode-grade coke, Calcined coke feedstock

Marathon operates significant coking capacity in the U.S. Gulf Coast, supplying both domestic and export markets. The company has invested heavily in process automation to ensure product consistency.

Sustainability Initiatives:

  • Energy benchmarking for coker operations

  • Advanced water recycling systems implementation

Download FREE Sample Report: Green Coke Market – Detailed Research Report


6️⃣ 5. Fangda Carbon New Material Co.

Headquarters: Lanzhou, China
Key Offering: Processed graphite electrode materials

As China’s largest carbon producer, Fangda transforms raw green coke into high-performance materials for steel and aluminum production. The company operates vertically integrated facilities from coke procurement to finished products.

Sustainability Initiatives:

  • Waste heat utilization systems

  • Dust control technology investments


5️⃣ 6. CNPC Jinzhou Petrochemical

Headquarters: Jinzhou, China
Key Offering: Low-sulfur anode-grade coke

This CNPC subsidiary operates advanced delayed coking units specializing in low-impurity products. Jinzhou Petrochemical supplies premium coke to both domestic aluminum producers and international markets.

Sustainability Initiatives:

  • Clean production certifications

  • Continuous emissions monitoring systems


4️⃣ 7. Shandong Yida New Material

Headquarters: Zibo, China
Key Offering: Calcined coke, Carbon anode materials

Specializing in downstream processing, Shandong Yida converts crude green coke into materials suitable for aluminum smelting. The company supplies major Chinese industrial consumers through long-term contracts.

Sustainability Initiatives:

  • Energy-efficient calcination upgrades

  • Material recycling programs


3️⃣ 8. Rosneft

Headquarters: Moscow, Russia
Key Offering: High-sulfur fuel-grade coke

Rosneft produces substantial quantities of green coke from its heavy oil processing. The company primarily serves domestic industrial consumers and exports to Asian cement and power sectors.

Sustainability Initiatives:

  • Modernization of coke handling infrastructure

  • Environmental compliance improvements


2️⃣ 9. Saudi Aramco

Headquarters: Dhahran, Saudi Arabia
Key Offering: High-sulfur fuel-grade coke

Aramco produces significant green coke volumes from its Jazan and Ras Tanura refineries. The company’s strategic location provides access to key Asian industrial markets.

Sustainability Initiatives:

  • Carbon management strategy implementation

  • Investments in cleaner production technologies


1️⃣ 10. Valero Energy Corporation

Headquarters: San Antonio, Texas, USA
Key Offering: Fuel-grade and anode-grade coke

Valero operates delayed coking units at multiple U.S. refineries, producing both industrial-grade and higher-purity green coke. The company balances production between fuel and aluminum sector demands.

Sustainability Initiatives:

  • Advanced emissions control technologies

  • Process efficiency optimization programs

Get Full Report Here: Green Coke Market – Detailed Research Report


🌍 Market Outlook: Green Coke in the Low-Carbon Transition

The green coke industry faces evolving dynamics as environmental regulations tighten and industries seek sustainable carbon sources. While traditional applications continue driving demand, new technologies are emerging to improve production efficiency and environmental performance.

📈 Key Market Trends:

  • Growing aluminum sector demand in Asia and the Middle East

  • Increasing environmental regulations affecting coke production and use

  • Technology advancements in calcination and processing

  • Shift toward higher-quality anode-grade products

Get Full Report Here: Green Coke Market – Detailed Research Report

The profiled companies demonstrate how traditional industries can adapt to sustainability challenges while meeting essential industrial material needs.