NEEDLE COKE MARKET ANALYSIS
Global Needle Coke Market: Key Developments
In April 2019, South Korea's needle coke manufacturer, Posco Chemtech - a joint venture of POSCO (60%) and Mitsubishi Corporation (40%) has announced its plans to add about 60,000 tons to its production capacity, thus bringing cheers to the GE manufacturers that are reeling under the pressure of scarce needle coke supplies.
In September 2020, Indian Oil Corp (IOC) announced its board has approved an investment of Rs 1,268 crore for setting up a needle coker unit at the firm's Paradip refinery in Odisha.
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