CALCINED PETROLEUM COKE ANNUAL REPORT

CPC REPORT - 2006
TABLE  OF  CONTENTS

SECTION PAGE

A MANAGEMENT SUMMARY

B CALCINED PETROLEUM COKE MARKET HIGHLIGHTS AND OUTLOOK

The Market
First Half 2006
Second Half 2006
CPC Pricing
Demand Sectors
Aluminum
Titanium Dioxide
Needle Coke
Recarburizer
Specialty Coke
Quality
Coke Quality in Blending Calciner Feedstocks
Blend Quality
Calciner Capacity Outlook
Anode Grade Coke
Supply
At-Risk Feedstocks
GPC Pricing
Calciner Capacity Outlook 

C WORLD MARKETS

North America
United States
Canada
Western Europe
Latin America
The Indian Ocean Region, Western Africa, and Other Asia
Indian Ocean Region
Middle Eastern Countries
India
South Africa, Mozambique, and Egypt
Western Africa
Other Asia
Oceania
China
Anode Grade Cokers
CIS and Eastern Europe

APPENDIX

List of Tables

SECTION B

B.1 Primary Aluminum Production History and Forecast
B.2 Smelting Technology
B.3 North American TiO2 Chloride Plants
B.4 Typical Anode Grade Calcined Coke Specifications
B.5 Non-Traditional Alternative Cokes
B.6 Third Quarter 2006 GPC (Blend) Qualities
B.7 GPC Blend Qualities (2005 vs. 2006)
B.8 Anode Quality Feedstock Summary—U.S. Gulf Coast
B.9 Planned/Speculative Calciner Expansions 

Section C

C.1 Anode-Grade Calcined Coke 2005 Regional Balances
C.2 Green Coke Imports
C.3 German Aluminum Smelters
C.4 Planned Turnarounds/Shutdowns European Cokers
C.5 Petrobras Cokers
C.6 Middle East Smelters—2005
C.7 Kuwaiti Green Petroleum Coke Shipments
C.8 Indian Smelters
C.9 Indian Cokers
C.10 African Smelters—2005
C.11 West African Smelters—2005
C.12 Japan Calciners
C.13 Other Asia Cokers
C.14 Oceania Smelters
C.15 Chinese Anode Plants—2005
C.16 Major Chinese Calciners
C.17 A Typical Chinese CPC Specification
C.18 China’s Major Refiners
C.19 CIS/Eastern Europe Primary Aluminum Production—2005
C.20 Russian Smelters
C.21 Major Calciners

APPENDIX

1 Production Capacity of World (ex. China) Primary Aluminum Producers
2a 2005 Major Primary Aluminum Smelter Capacity Additions Announced
2b 2006 Major Primary Aluminum Smelter Capacity Additions Announced
2c 2007 Major Primary Aluminum Smelter Capacity Additions Announced
2c 2008-1012 Major Primary Aluminum Smelter Capacity Additions Announced
3 Major Primary Aluminum Probable/Speculative Capacity Additions
4 Major Primary Aluminum Smelter Restarts
5 Major Primary Aluminum Smelter Idles/Closures
6 Production Capacity& Planned Expansions of Chinese Primary Aluminum
Producers
List of Tables (continued)

PAGE

APPENXIX

7 World Operating Calciner Capacity
8 World Calcined Coke Supply/Demand Balance
9 2005 Anode-Grade Cokers—By Region
10 2006 Anode-Grade Cokers—By Region
11 2005 Anode-Grade Cokers at Risk
12 Chinese Cokers

List of Figures

SECTION A

A.1 World Demand—CPC Market
A.2 World Reserve Calcining Capacity
A.3 World Anode-Grade GPC Availability
A.4 China Primary Aluminum Production Forecast
A.5 China’s Influence on World “Anode-Grade” GPC Availability

SECTION B

B.1 Calcined Petroleum Coke Prices Anode-Grade
B.2 World Calcined Coke Demand—2006
B.3 World Calcined Coke Demand Forecast
B.4 World Demand—CPC Market
B.5 Change in World Primary Aluminum Production Market Share
B.6 Representative Aluminum Smelting Costs
B.7 World Petcoke Supply
B.8 Anode-Grade Green Petroleum Coke Supply Trend & Forecast
B.9 World Anode Grade GPC Availability
B.10 World Anode-Grade Green Coke Demand Forecast
B.11 GPC Supply Forecast
B.12 Anode GPC Market Situation
B.13 GPC Short Term Contracts
B.14 U.S. Gulf Coast Anode-Grade Green Coke Prices
B.15 U.S. Gulf Coast Green Coke Blend Prices
B.16a World Calcined Coke Capacity Forecast
B.16b World Calcining Capacity—2006
B.17 World Reserve Calcining Capacity
B.18 World Calciner Supply vs. Demand
B.19 Calciner Capacity Types—ex. China/CIS (2005)
B.20 Merchant Calciners—ex. China/CIS (2005)
B.21 Top CPC Producing Calciners

SECTION C

C.1 North America Primary Aluminum Production
U.S. CPC Production
C.2 Alcoa
C.3 BP
C.4 Chevron
C.5 CII
C.6 ConocoPhillips
C.7 Great Lakes Carbon
C.8 Seadrift Coke LP
C.9 U.S. Calcining Industry Operating Statistics
Calcinable Green Coke Imports
C.10 Argentina to United States
C.11 Brazil to United States
C.12 China to United States
C.13 Kuwait to United States
C.14 U.S. Imports of Calciner Feedstock
C.15 Alcan Smelter Production Capacity
C.16 Europe CPC Production 2005
C.17 ConocoPhillips Europe CPC Production 2005
C.18 BP Europe CPC Production—2005
Latin America
C.19 Copetro (Great Lakes Carbon) CPC Production—2005
Indian Ocean
C.20 Aluminium Bahrain (Alba) CPC Production—2005
C.21 India CPC Production—2005
C.22 Rain CPC Production—2005
C.23 GOA CPC Production—2005
Other Asia
C.24 Japan CPC Production—2005
C.25 China’s Refining Capacity
C.26 Chinese GPC Exports
C.27 Chinese Green Coke Exports
C.28 Chinese Calcined Petcoke Exports
C.29 U.S. Calcined Petroleum Coke Imports—China
C.30 Chinese Petroleum Coke Demand Forecast (2005-2010)
C.31 Chinese Primary Aluminum Production Forecast
C.32 Chinese Anode Exports to Western Markets
C.33 25 Major Chinese Calciners
C.34 China CPC Production—2005
C.35 CIS CPC Production—2005

APPENDIX PAGE

1 United States Existing Cokers and Capacity Expansion
2 United States Calciners
3 Canadian Cokers and Calciners
4 Latin America Cokers and Calciners
5 European Cokers and Calciners
6 Middle Eastern and Asian Cokers and Calciners
7 African Cokers and Calciners
8 Chinese Calciners
9 Chinese Cokers
10 CIS Calciners
11 CIS Cokers
12 U.S Aluminum Operating Smelters
13 Canadian Aluminum Smelters
14 Chinese Aluminum Smelters

Aluminum Smelting Technology
TiO2 Pigment Manufacture

To address these and many other issues the Calcined Petroleum Coke Report is published in December of each year and focuses on a detailed outlook for the calcined coke industry for the next three years. It provides and discusses information from Jacobs Consultancy's historical data about the industry and its related sectors. Clients of this annual report receive Pace's latest analysis and conclusions on the calcined coke business and the outlook for the forthcoming three-year period.

The important issues pertaining to the availability of anode-grade green petroleum coke are a key component of the report. The study includes discussions on the change in supply of existing calciner feedstocks, as well as potential new sources of green coke that will directly affect world calcining operations, calcined coke quality and availability.

Our review of new calcining projects which will come into operation during the next few years offers an insight into future calcined coke availability for the aluminum industry and whether quantity and quality requirements can be met. The report reviews the planned projects, the likelihood of implementation, and the possible scenarios that may arise if these projects are completed.

The key supply/demand balance table and associated charts with commentary are updated and released during the summer of each year; this is included as part of the clients subscription service.

Recent reports included the following major topics: 

• Supply/Demand Outlook for Calcined Coke

The report describes the outlook for the major suppliers of calcined coke in the world and examines the status of all calcining facilities actively producing material. The report also includes operating rates and production levels for calcining facilities around the world. All major demand sectors for calcined coke (aluminum, TiO2, etc.) are analyzed for the past five years. This is followed by an analysis of the calcined coke balance for the forthcoming three years.

• Anode-Grade Green Coke Availability

The supply of green petroleum coke is trending towardsdiminishing availability from U.S. Gulf Coast refineries and increasing trade movements of calciner feedstocks from different parts of the world (e.g. China, Kuwait) to the U.S. Gulf Coast. The report covers the major issues that are facing calcieners today as they strive to source adequate anode grade coke, and which historical sources may be at-risk as some refineries switch to the manufacture of fuel-grade petroleum coke.

• Anticipated New Calciner Projects

The report analyzes the status of all the proposed and planned calcining plants that are scheduled to start up during the next several years and the impacts these new facilities may have on  calcined coke deliveries to regional markets.

• Primary Aluminum Production Growth

The demand of calcined coke for the primary aluminum industry accounts for more than 75% of overall calcined coke needs. Projections for aluminum production growth is a critical component in the calcined coke supply/demand picture. The report discusses our outlook of the aluminum production growth pattern for the next three years and its effect on calcined coke requirements.