Petroleum coke produced at Marathon Petroleum's Galveston Bay refinery in Texas City, Texas, has been trending lower in sulphur and shot content after completing a capacity expansion.
The coke's sulphur content eased to 3.07pc on 10 May, down from a reading of 4.72pc on 1 May, according to a recent quality analysis released by Marathon in a spot tender offer. Shot content decreased to 5pc on 10 May from 80pc on the first day of the month. Marathon expects the refinery's coke quality will continue to improve, although it cautioned that it offers no guarantees on specifications.
The Galveston Bay refinery historically produced 3pc sulphur anode-grade coke. But coke quality sank at the end of December on turnaround work at the refinery. Sulphur content rose to 5.65pc on a dry basis, while other specifications, including shot content, vanadium content, HGI and volatile matter, deteriorated as well.
The company completed its South Texas Asset Repositioning (STAR) project at the refinery in the first quarter, adding 40,000 b/d of additional refining capacity and 17,000 b/d of residual fuels upgrading capacity to the refinery's existing 593,000 b/d of crude processing capacity.
Marathon closed a tender on 17 May for 50,000t of June-loading Galveston Bay coke. Market participants expected this could close at around $90/t fob.