Top 10 Companies in the Green Petroleum Coke and Calcined Petroleum Coke Industry (2025): Key Players Fueling Industrial Growth

In Business Insights
December 22, 2025


The Global Green Petroleum Coke and Calcined Petroleum Coke Market was valued at USD 11.8 Billion in 2024 and is projected to reach USD 15.3 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2024–2030). This growth is primarily driven by robust demand from the aluminum smelting industry, expanding steel production capacities, and the steady consumption of petroleum coke as a cost-effective fuel source in power generation and cement manufacturing.

As global industries pivot towards materials that offer both performance and economic efficiency, the critical role of petroleum coke—particularly its green and calcined forms—is coming into sharp focus. This essential carbon source is vital for producing anodes in aluminum production and serving as a feedstock for numerous industrial processes. In this analysis, we profile the Top 10 Companies in the Green Petroleum Coke and Calcined Petroleum Coke Industry, highlighting the integrated energy firms, specialized processors, and industrial giants that are shaping this foundational market.


🔟 1. Oxbow Corporation

Headquarters: West Palm Beach, Florida, USA
Key Offering: Green Petroleum Coke (GPC), Calcined Petroleum Coke (CPC)

Oxbow Corporation is one of the world’s largest marketers and exporters of petroleum coke, with a vast global network spanning over 50 countries. The company sources GPC from refineries and operates its own calcining plants to produce high-quality CPC for the aluminum and steel industries. Oxbow’s logistical expertise ensures reliable supply chains for its diverse industrial clientele.

Strategic Focus:

  • Global supply chain optimization and risk management

  • Strategic partnerships with major oil refiners

  • Investment in calcining capacity to add value to raw GPC

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9️⃣ 2. Rain Carbon Inc.

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

Rain Carbon Inc. is a leading global producer of carbon-based products, including high-purity calcined petroleum coke essential for anode production in aluminum smelting. The company operates calcining facilities in the United States, Europe, and India, serving a global customer base with a focus on product consistency and technical support.

Strategic Focus:

  • Vertical integration from feedstock sourcing to end-product manufacturing

  • R&D in anode-grade coke quality and performance enhancement


8️⃣ 3. BP plc

Headquarters: London, United Kingdom
Key Offering: Green Petroleum Coke, Fuel-grade Coke

As a major integrated energy company, BP plc is a significant producer of green petroleum coke as a by-product of its refining operations. BP supplies GPC to various industrial sectors, leveraging its extensive refining footprint and trading capabilities to meet global demand for both fuel-grade and anode-grade materials.

Strategic Focus:

  • Optimizing by-product value from complex refining operations

  • Managing carbon footprint of petroleum coke products


7️⃣ 4. Aluminium Bahrain B.S.C. (Alba)

Headquarters: Manama, Bahrain
Key Offering: Calcined Petroleum Coke (for captive consumption)

Alba, one of the world’s largest aluminum smelters outside China, is a major consumer and processor of calcined petroleum coke for its anode production. The company’s scale ensures it is a key player in the CPC market, with significant procurement and processing activities tailored to its high-volume smelting operations.

Strategic Focus:

  • Securing long-term, cost-effective CPC supply for aluminum production

  • Investing in anode plant efficiency and coke quality control

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6️⃣ 5. Phillips 66 Company

Headquarters: Houston, Texas, USA
Key Offering: Green Petroleum Coke

Phillips 66, through its extensive refining operations in the United States, is a major producer of green petroleum coke. The company markets its GPC to a variety of industrial users, including calcining plants and direct consumers in the cement and power industries, utilizing its strong market presence and logistical assets.

Strategic Focus:

  • Maximizing value from refining by-products

  • Diversifying coke product slate to meet different market specifications


5️⃣ 6. CNOOC Limited

Headquarters: Beijing, China
Key Offering: Green Petroleum Coke

As a leading Chinese national oil company, CNOOC Limited produces significant quantities of green petroleum coke from its refining assets. The company plays a crucial role in supplying the domestic Chinese market, which is the world’s largest consumer of petroleum coke for industrial applications.

Strategic Focus:

  • Supporting China’s domestic industrial base with raw material supply

  • Aligning coke production with environmental regulations


4️⃣ 7. Rio Tinto

Headquarters: London, United Kingdom
Key Offering: Calcined Petroleum Coke (through integrated operations)

Rio Tinto, a global mining and metals leader, is a major consumer of calcined petroleum coke for its aluminum smelting operations. The company’s procurement strategies and quality specifications significantly influence the global CPC market, given its position as one of the world’s largest aluminum producers.

Strategic Focus:

  • Strategic sourcing of high-quality carbon materials for smelting

  • Focus on supply chain sustainability and carbon footprint reduction


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

Headquarters: Zhenjiang, Jiangsu, China
Key Offering: Coke, Coal Tar, Calcined Petroleum Coke

This Chinese company is a significant player in the carbon products sector, producing calcined petroleum coke for domestic and international markets. Zhenjiang Coking And Gas Group leverages its integrated coking operations to produce specialized carbon materials for various industrial applications.

Strategic Focus:

  • Serving the growing Asian market for industrial carbon products

  • Expanding production capacity for value-added coke products


2️⃣ 9. Petrocoque

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

Petrocoque is a specialized Brazilian producer of calcined petroleum coke, serving primarily the aluminum industry in South America. The company’s strategic location provides it with access to both regional feedstock and growing markets for aluminum production in the region.

Strategic Focus:

  • Regional market leadership in South America

  • Focus on niche, high-quality CPC production


1️⃣ 10. Maniayargroup

Headquarters: Mumbai, India
Key Offering: Petroleum Coke, Calcined Petroleum Coke

Maniayargroup is a key trader and supplier of petroleum coke in the Indian market and beyond. The company specializes in sourcing GPC and CPC from various global suppliers and distributing it to industrial consumers in sectors such as cement, aluminum, and steel.

Strategic Focus:

  • Leveraging trading expertise to connect global supply with regional demand

  • Capitalizing on India’s growing industrial consumption of carbon materials

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

The Green Petroleum Coke and Calcined Petroleum Coke market is at a critical juncture, balancing essential industrial demand with increasing environmental scrutiny. While GPC and CPC remain indispensable for aluminum production and other key industries, the sector is actively exploring pathways to reduce its carbon footprint and improve sustainability.

📈 Key Trends Shaping the Market:

  • Growing demand from the aluminum sector, particularly in Asia and the Middle East

  • Increasing environmental regulations impacting coke combustion and storage

  • Technological advancements in calcining processes for improved efficiency and lower emissions

  • Shift towards higher-quality, low-sulfur coke grades to meet stricter environmental standards

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

The companies profiled above are not only supplying critical carbon materials to global industry—they are navigating the complex transition towards more sustainable industrial carbon cycles.