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RE: GOA Carbon to invest Calciner w/3 cogens

Home Forums Coking News: DCU, Upgrader 1.Coker (registered users only) GOA Carbon to invest Calciner w/3 cogens RE: GOA Carbon to invest Calciner w/3 cogens

#6630

Charles Randall
Participant

Here is August 12, 2008 news update below on Goa Carbon Calciner project – I wonder if they will get screwed around on power as badly as Rain calciner was?
 
I also wonder how market is going to find enough Green petcoke for all these calciner projects starting up that are integrated into smelters?  Alba 3rd calciner, Kuwait/PCIC calciner (& new addition in plans to match new petcoke production), Dubai calciner &/or Dubai JV calciner, Irainan Calciner tied new coker project, and Rain’s potential calciner addition??
 
The market used to need only ~1 smelter/year or ~1/2 calciner per year to keep up with global demand growth –  this is starting a regional over-supply that could displace exporters who are short petcoke and drive up green – hence calcined prices as these start to compete for green coke and then drive CPC prices down as they compete for market share? 
 
I understand 3rd Alba calciner did not get any Kuwait petcoke & is currently being supplied ~ by China petcoke which seems be verified by a new “Black China” petcoke report & plus Sinoway website claims be their source since 2006. Sinoway also just tied up new Tesoro USWC 2% delayed green when they started up new coker replacing old fluid coker. 
 
The China Coke Export tax @ 15% is going really put crimp in China supplies – looking at 2007 it seems that 2006’s 1.2 million mtpy exports were already down by ~half  @ 717  kmtpy  in 2007 by comparison. And most that was due to demand & reduction to save energy for power plants & reduce expensive import coal consumption in China.
 
Regards

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