Indian petcoke imports to surge over double in 2022
Cement

Indian petcoke imports to surge over double in 2022

An official told the media that India's imports of petcoke might be over double this year as competitive prices are pushing cement makers to switch to fuel as an alternative to coal.

Petcoke is more expensive than coal but produces more energy when burnt. It is widely used by the cement industry, which is its largest consumer, as sulphur dioxide emissions are absorbed by limestone.

Global coal prices are at peak highs due to a supply crunch following the European Commission's decision to ban coal imports from Russia after it invaded Ukraine.

Domestic coal supplies to utilities to address a power crisis and increased internal use of domestic petcoke by refineries are contributing to higher imports.

The consumption surged 34% to 4.2 million tonnes (mt) during the March-end quarter, the fastest pace in nearly six years and the first quarterly growth in over two years.

According to Iman Resources, imported petcoke accounted for about half the total consumption during the quarter, with Saudi Arabia and the US accounting for the bulk of shipments.

Indian coal trader I-Energy said that the import of fuel-grade petcoke was slow in 2021 due to the high price and supply crunch. But fuel-grade petcoke is again becoming competitive with coal, and its users are switching from coal to petcoke.

Image Source

Also read: 73% rise in Petcoke import in India in December 2021

An official told the media that India's imports of petcoke might be over double this year as competitive prices are pushing cement makers to switch to fuel as an alternative to coal. Petcoke is more expensive than coal but produces more energy when burnt. It is widely used by the cement industry, which is its largest consumer, as sulphur dioxide emissions are absorbed by limestone. Global coal prices are at peak highs due to a supply crunch following the European Commission's decision to ban coal imports from Russia after it invaded Ukraine. Domestic coal supplies to utilities to address a power crisis and increased internal use of domestic petcoke by refineries are contributing to higher imports. The consumption surged 34% to 4.2 million tonnes (mt) during the March-end quarter, the fastest pace in nearly six years and the first quarterly growth in over two years. According to Iman Resources, imported petcoke accounted for about half the total consumption during the quarter, with Saudi Arabia and the US accounting for the bulk of shipments. Indian coal trader I-Energy said that the import of fuel-grade petcoke was slow in 2021 due to the high price and supply crunch. But fuel-grade petcoke is again becoming competitive with coal, and its users are switching from coal to petcoke. Image Source Also read: 73% rise in Petcoke import in India in December 2021

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?