Like Sulfur, Petroleum coke (“petcoke”) is a by-product of crude oil refining. The coking processes produce “green coke” which is then further processed into two main products, calcined petcoke and fuel grade petcoke. Petcoke quality varies by refinery, depending on crude quality and coking technology, with such variables as sulfur content affecting product value.
Annual production is around 140 million metric tons (MT). Calcined petcoke (approximately 25% of production) is used for making anodes for aluminum smelting, the dioxide industry, and production of steel and titanium. The vast majority of the 35 million MT of calcined petcoke produced is traded directly by producers to end users with very little being traded. Fuel grade petcoke (approximately 75% of production) makes up most of the petcoke traded internationally. While petcoke serves as a carbon source for the production of aluminum or steel, the majority of it is used as an energy source to create fuel for producing electricity or firing cement kilns.
Trammo’s role in the supply chain
Trammo began trading petcoke in late 2009 and is now one of the leading traders in this market. For refiners, storage capacity of this by-product is a key concern and petcoke needs to be moved out efficiently. For end users, security of supply and reliability of delivery is important. With its logistical capabilities and activities in trade and transportation of other industrial commodities, Trammo is well positioned as a strategic partner to satisfy these requirements.