Showing posts with label Pet Coke. Show all posts
Showing posts with label Pet Coke. Show all posts

Wednesday, June 7, 2023

 PET coke, also referred to as petroleum coke, is a carbon-rich solid substance generated from oil refining. It is created as a byproduct of the oil refining process when heavy crude oil is subjected to high temperatures in a process known as cracking. It is mostly made of carbon, with trace amounts of sulphur, nitrogen, and metals.

It is widely utilised as a fuel in a variety of industrial operations, including power generation, cement manufacturing, and steel production.

Request for Real-Time PET COKE  Prices: https://procurementresource.com/resource-center/pet-coke-price-trends/pricerequest

However, owing to its high carbon content and the environmental impact of its manufacturing and use, PET coke is also a contentious fuel. When PET coke is burned, it emits a large amount of carbon dioxide, a greenhouse gas that contributes to climate change.

The United States, China, the United Kingdom, Brazil, and Germany are the leading producing countries across the globe.

Key Details About the PET Coke Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the PET Coke price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The PET Coke Price Trend, chart, including India’s PET Coke price, and USA’s PET Coke price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting PET Coke Price Trend:

PET Coke Price Trend

PET coke is widely utilised as a fuel in a variety of industrial operations, including power generation, cement manufacturing, and steel production. It is a high-energy fuel with a low ash percentage that is reasonably cheap in comparison to other fuels.

It is a raw material used in the manufacture of carbon anodes, which are employed in the aluminium industry. Anodes are used to carry electricity during the smelting of aluminium from bauxite ore.

It is used as a raw material in the manufacture of graphite electrodes for the steelmaking industry. Electric arc furnaces, which are used to make steel, employ graphite electrodes to conduct electricity.

It is utilised as a feedstock in the manufacturing of a variety of chemicals, including carbon black, which is used as a reinforcing ingredient in rubber products.

Key Players:

  • Vasundhra Enterprises
  • Dwarkesh Fuel Industries,
  • Laxmi Mineral (Hindustan Westcoast Trading Co. Group)
  • N G Minchem Private Ltd
  • Indian Oil Corporation Ltd

Recent News

  • January 2023: Phillips 66 and DCP Midstream, LP announced a definitive agreement under which Phillips 66 will acquire all publicly traded standard units representing limited partner interests in DCP Midstream for USD 41.75 per standard unit, increasing its economic interest in DCP Midstream to 86.8%. It will improve the corporation while also increasing the market productivity of petroleum coke in certain ways.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Amanda Williams
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Sunday, May 7, 2023

 The latest report titled “Pet Coke manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Pet Coke.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request Free Sample - https://www.procurementresource.com/production-cost-report-store/pet-coke/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Pet Coke manufacturing process, that might influence Pet Coke manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

Pet coke is a carbon by-product present in a solid form obtained from cracking units such as the FCC and coker unit. Petcoke is formed as a by-product of refining bitumen (discovered in tar sands in Alberta, Canada) into crude oil. Bitumen incorporates a higher number of carbon atoms compared to regular oil, and these atoms themselves are derived from large hydrocarbon molecules with the help of heat, which in turn produce petcoke.

Market Drivers:

Pet Coke is employed as a solid fuel which replaces coal in furnaces and boilers. It is a common source of energy and carbon needed to carry out industrial applications, which is the main driver boosting its market growth.

Read More - https://procurementresource.blogspot.com/2023/05/polyvinyl-chloride-manufacturing-cost.html

In cement companies, it finds application as a feedstock to produce Clinker. High-grade pet coke with low sulphur content and heavy metals finds use in making electrodes that are used in downstream steel and aluminium industries. As a fuel, High sulphur-containing pet coke is used, which boosts its market demand further.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

  • Adapting the report to the country/region where you intend to establish your plant.
  • Adjusting the manufacturing capacity of the plant according to your needs.
  • Customizing machinery suppliers and costs to meet your requirements.
  • Providing additional information to the existing scope based on your needs.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and manufacturing costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Amanda Williams
Email: sales@procurementresource.com
Toll Free Number: USA & Canada - Phone no: +1 307 363 1045 | UK - Phone no: +44 7537 132103 | Asia-Pacific (APAC) - Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Reference Link - https://researz.com/pet-coke-manufacturing-cost/

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