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GOA Carbon to invest Calciner w/3 cogens

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This topic contains 1 reply, has 1 voice, and was last updated by  Charles Randall 12 years, 3 months ago.

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  • #3456

    Charles Randall
    Participant

    GOA Carbon to invest in Expanding calcined petroleum coke capacity
     
    Chemical Weekly (India)            12Aug08

    Dempo Group company, Goa Carbon, has lined up an investment of Rs. 700-crore to set up a calcined petroleum coke (CPC) manufacturing plant, augment capacity by 100,000-tpa to 225,000-tpa at its Paradip unit in Orissa and venture into co-power generation of 18 MW at its three units in Bilaspur, Paradip and Goa. Currently, the company has a total CPC capacity of 240,000-tpa at three plants.

     

    Mr. Shrinivas Dempo, Chairman, Goa Carbon, informed that the new CPC plant will have a capacity of 350,000-tpa to 500,000-tpa with a 50 MW power plant and will come up in the East Coast, mostly in Orissa, with an investment of Rs. 500-crore. The investment for cogen plants in three units will cost Rs. 200-crore. The demand for CPC is on the rise from robust aluminium manufacturing companies, which consumes about 70% of the total production.

  • #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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