OTI’s dry bulk portfolio includes petroleum coke (petcoke), coal and elemental sulphur (sulphur), serving the requirements of customers and partners. Petcoke and sulphur are both by-products recovered during the oil and gas production and refining processes, alongside other products such as gasoline, diesel and LPG. Petcoke is consumed globally as fuel by cement and power industries, and as an input to other industrial applications such as smelting for aluminium, steel and titanium. Sulphur has wide application across a variety of different industries including phosphoric acid, ammonium sulphate, single super phosphate (SSP) fertilizer, copper, nickel and uranium. OTI’s dry bulk desk commenced operations in early 2016, trading petcoke and sulphur in different markets including Asia, Europe, the Mediterranean and North Africa. The variety of products under our dry bulk portfolio caters to diverse industries:
Fuel Grade Petcoke – major fuel for cement, glass, steel and power plants.
Anode (Green) Grade Petcoke – key raw material for calciners and Anode plants.
Sulphur – used in fertilizers and phosphates.
Coal – OTI trades third party coal to complement its overall dry bulk portfolio and is seeking opportunities to expand its coal business through long-term relationships with global miners and power consumers.