The Global Green Petroleum Coke and Calcined Petroleum Coke Market was valued at approximately USD 14.2 Billion in 2024 and is projected to reach USD 19.8 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2024–2030). This robust growth is being fueled by escalating demand from the aluminum and steel industries, infrastructure development in emerging economies, and the product’s critical role as a cost-effective carbon source in various industrial applications.

As global industries focus on efficiency and cost-competitive manufacturing, the spotlight is on the key suppliers of petroleum coke who are driving supply chain stability, product innovation, and sustainable sourcing. In this blog, we profile the Top 10 Companies in the Green Petroleum Coke and Calcined Petroleum Coke Industry—a mix of global energy majors, specialized refiners, and industrial giants shaping the market dynamics.

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Green Petroleum Coke and Calcined Petroleum Coke Market – View in Detailed Research Report

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🔟 1. Oxbow Corporation

Headquarters: West Palm Beach, Florida, USA
Key Offering: Green Petroleum Coke (Fuel Grade, Anode Grade), Calcined Petroleum Coke

Oxbow Corporation is one of the world’s largest marketers and suppliers of petroleum coke, operating a global network of sourcing, logistics, and distribution. The company serves a diverse range of industries, including aluminum, steel, and power generation, with a strong focus on quality consistency and supply reliability.

Market Initiatives:

• Global sourcing from over 100 refineries

• Extensive logistics infrastructure including terminals and shipping

• Strategic focus on anode-grade coke for the aluminum sector

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9️⃣ 2. BP plc

Headquarters: London, United Kingdom
Key Offering: Green Petroleum Coke (Fuel Grade), Calcined Coke

As a major integrated energy company, BP is a significant producer of green petroleum coke from its refining operations. The company supplies coke primarily to industrial users and traders, leveraging its global refinery footprint to meet market demand across regions.

Market Initiatives:

• Production integrated with global refining operations

• Commitment to responsible sourcing and environmental stewardship

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8️⃣ 3. Rain Carbon Inc.

Headquarters: Stamford, Connecticut, USA
Key Offering: Calcined Petroleum Coke, Coal Tar Pitch

Rain Carbon Inc. is a leading global producer of calcined petroleum coke and coal tar pitch, essential raw materials for the aluminum and steel industries. The company operates calcining plants in key strategic locations to serve its international customer base.

Market Initiatives:

• Vertical integration from raw material to finished calcined coke

• R&D focus on high-purity carbon products for advanced applications

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Green Petroleum Coke and Calcined Petroleum Coke Market – View in Detailed Research Report

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7️⃣ 4. Phillips 66 Company

Headquarters: Houston, Texas, USA
Key Offering: Green Petroleum Coke (Fuel and Anode Grade)

Phillips 66 is a leading refiner and marketer of petroleum coke, producing substantial volumes from its sophisticated refineries in the United States. The company supplies both domestic and international markets with consistent-quality coke products.

Market Initiatives:

• Strategic refinery upgrades to optimize coke production

• Long-term supply agreements with major industrial consumers

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6️⃣ 5. Aluminium Bahrain B.S.C. (Alba)

Headquarters: Manama, Bahrain
Key Offering: Calcined Petroleum Coke (for internal consumption and external sales)

Alba, one of the world’s largest aluminum smelters, operates its own calcining facilities to ensure a secure supply of anode-grade coke for its production. The company also markets surplus calcined coke to other aluminum producers.

Market Initiatives:

• Backward integration to secure critical raw material supply

• Focus on high-quality calcined coke for premium aluminum production

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5️⃣ 6. CNOOC Limited

Headquarters: Beijing, China
Key Offering: Green Petroleum Coke, Calcined Petroleum Coke

As a major Chinese national oil company, CNOOC is a significant producer and supplier of petroleum coke in the Asia-Pacific region. The company leverages its extensive refining assets to cater to the growing domestic demand for industrial carbon materials.

Market Initiatives:

• Expansion of refinery capacity to increase coke output

• Strategic positioning to serve the world’s largest aluminum market

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4️⃣ 7. Rio Tinto

Headquarters: London, United Kingdom
Key Offering: Calcined Petroleum Coke (primarily for internal aluminum smelting)

Rio Tinto, a global mining and metals leader, utilizes significant quantities of calcined petroleum coke in its aluminum smelting operations. The company’s sourcing and quality control protocols ensure consistent performance in its anode plants.

Market Initiatives:

• Strategic sourcing to support one of the world’s largest aluminum businesses

• Investment in calcining technology for improved efficiency and quality

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3️⃣ 8. Zhenjiang Coking And Gas Group Co., Ltd.

Headquarters: Zhenjiang, Jiangsu, China
Key Offering: Coke Products, including Petroleum Coke Derivatives

As a key player in China’s coking industry, Zhenjiang Coking and Gas Group produces and supplies various coke products, including petroleum coke, to the domestic market. The company plays a vital role in supplying the regional steel and aluminum industries.

Market Initiatives:

• Focus on serving the rapidly growing East China industrial base

• Investment in cleaner production technologies for coke processing

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Green Petroleum Coke and Calcined Petroleum Coke Market – View in Detailed Research Report

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2️⃣ 9. Petrocoque

Headquarters: São Paulo, Brazil
Key Offering: Green and Calcined Petroleum Coke

Petrocoque is a significant South American supplier of petroleum coke, serving the regional aluminum, steel, and cement industries. The company benefits from proximity to Brazilian refineries and growing industrial demand in Latin America.

Market Initiatives:

• Strategic location to serve the growing Latin American market

• Partnerships with regional industrial consumers for stable offtake

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1️⃣ 10. Maniayargroup

Headquarters: Mumbai, India
Key Offering: Petroleum Coke Trading and Distribution

Maniayargroup is a prominent trader and distributor of petroleum coke in the Indian subcontinent and surrounding regions. The company leverages its logistics expertise and market knowledge to connect global suppliers with regional consumers.

Market Initiatives:

• Extensive distribution network across South Asia

• Focus on serving the rapidly expanding Indian industrial sector

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🌍 Outlook: The Future of Petroleum Coke is Tied to Global Industrial Growth

The green and calcined petroleum coke market is experiencing steady growth, closely linked to the health of global industrial sectors. While environmental regulations present challenges, the material’s cost-effectiveness and performance characteristics ensure its continued importance in key industries.

📈 Key Trends Shaping the Market:

• Strong demand growth from Asian aluminum and steel producers

• Increasing environmental scrutiny driving cleaner production technologies

• Volatility in crude oil prices impacting coke production economics

• Geopolitical factors influencing global trade flows and sourcing patterns

Read Full Report:
Green Petroleum Coke and Calcined Petroleum Coke Market – View in Detailed Research Report

The companies listed above are not only supplying essential industrial materials—they’re enabling the global infrastructure development that defines modern economic growth.