Surging processing margins of prebaked anode while those of calcined petroleum coke (CPC) are tiny have attracted more and more domestic CPC producers into investment in prebaked anode units, C1 learned.
Processing margins of prebaked anode averaged Yuan 327/mt in the first quarter of 2011, sharply up 135% from the corresponding period of last year, C1's data shows.
In view of soaring margins, Zibo Hongchang Carbon Co Ltd has started construction of prebaked anode production facilities, expected to launch production in early 2012, according to a company source. It plans to reserve half of its CPC output for self-consumption upon the start-up of the new facilities, he said.
The company currently produced 100mt of CPC per day. Its CPC daily output would boost to 300mt after it launched two new calcining furnaces in June, he added.
Refineries that have been equipped with some prebaked anode production capacity have boosted their production capacity or mulled over expansion. Zibo Lianxing Carbon Co Ltd beefed up prebaked anode production recently, a company source told C1. It kept over half of its CPC for self-consumption, versus the previous 30%, he said.
Hebei Shiling Carbon Products Co Ltd would raise its prebaked anode output to 50,000mt/month in early 2012 from current 25,000mt/month, and Shijiazhuang Jidu Carbon Product Co Ltd was considering hiking prebaked anode production as well, company sources revealed.