Who is the supplier of graphite electrodes?

GrafTech International Ltd. is a manufacturer of graphite electrodes and petroleum coke, which are essential for the production of electric arc furnace steel and other metals. The company is headquartered in Brooklyn Heights, Ohio and has manufacturing facilities in Calais, France, Pamplona, Spain, Monterrey, Mexico, and St. Marys, Pennsylvania.[1]

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History

The company was founded in as the National Carbon Company, which was then acquired by Union Carbide in and became its Carbon Products Division.[2]

In , the company introduced the first 12-inch diameter graphite electrodes.[2]

In , the company received an Academy Award for the development and production of a high-efficiency yellow flame carbon for motion picture color photography.[2]

Between &#;, the company developed high performance carbon fibers; this was recognized in with a National Historic Chemical Landmark from the American Chemical Society.[2]

In , the company developed advanced technology for carbon/carbon composite material used in spacecraft.[2]

Union Carbide was reorganized in , with the Carbon Products Division renamed as the UCAR Carbon Company.[3]

In , the company introduced first 30-inch diameter graphite electrodes for UHP DC arc furnaces.[2]

In , the company developed new graphite for the US Advanced Battery Consortium for a lithium-ion battery in electric vehicles.[2]

In , the company became a public company via an initial public offering.[4]

In , the company developed first natural graphite-based heat spreaders for electronic thermal management.[2]

In , the company changed its name from UCAR to Graftech.[4]

In , the company introduced optimized pinless joint design for large-diameter graphite electrodes.[2]

In , the company commercialized high-temperature insulation solutions for the polysilicon and solar energy industries.[2]

In , the company launched high thermal conductivity SPREADERSHIELD&#; products for electronics and lighting applications.[2]

In , GrafTech acquired two companies: Seadrift Coke LP, a manufacturer of petroleum coke, which is an essential component in the production of graphite electrodes; and C/G Electrodes LLC, which manufactures graphite electrodes.[5]

In March , the company acquired Micron Research Corporation, a manufacturer of superfine-grained graphite.[6]

In October , the company acquired advanced carbon composite manufacturer Fiber Materials. Fiber Materials was sold in .[7]

In , the company was awarded two historical markers by the Ohio Historical Society. One is for pioneering battery research made at Parma by Lewis Urry and National Carbon Company. The other recognizes the Lakewood facility&#;s long history and National Carbon Company.[8]

In August , GrafTech was acquired by Brookfield Asset Management.[9][10]

In , the company sold its NeoGraf and Advanced Graphite Materials divisions to focus on graphite electrodes and petroleum coke.[11]

In April , the company once again became a public company via an initial public offering.[12]

Controversies

On April 1, , the company was subject to a class action lawsuit for allegedly artificially inflating stock price. In , the company settled the lawsuit for $40.5 million.[13]

In April , the company was fined $110 million by the United States Department of Justice[14] and in July , the company was fined &#;50.4 million by the European Commission[15] for participating in an international price fixing cartel with 7 other firms in the market for graphite electrodes.

References

Graphite electrodes are large cylindrical size mainly made up from needle coke. Graphite electrodes are mainly used for steel manufacturing process in electric arc furnaces (EAF). The use of graphite electrodes is not limited to steel manufacturing process but is also widely used in steel refining and smelting processes.

"Global Graphite Electrode Market is valued at USD 9.13 Billion in and expected to reach USD 16.48 Billion by with the CAGR of 8.78% over the forecast period"

Graphite Electrodes Market Growing demand for steel in construction, oil & gas, and automotive industries is expected to fuel the graphite electrode market, more than 50% of the steel produced globally was used in the building & infrastructure industry.  This report includes drivers, restrains, opportunities which help the market to grow over the analysis period and recent trends which supports the growth of market. This report provides details analysis of regional segmentation with type and application.

Graphite electrodes are one of a kind of conductor and an essential component in the steelmaking process. In this process, iron scrap gets melted in an electric arc furnace and recycled. It is the graphite electrodes inside the furnace that actually melt the iron. Graphite shows high thermal conductivity and is very resistant to heat and impact. It possesses the low electrical resistance, means it can conduct the large electrical currents needed to melt iron. Graphite electrodes are mainly used in electric arc furnace (EAF) and ladle furnace (LF) for steel production, ferroalloy, silicon metal Graphite electrodes are used in electric arc furnace (EAF) and ladle furnace (LF) for steel production, ferroalloy production, silicon metal production and smelting processes

Asia-pacific is Expected to continue its dominance for the graphite electrodes market

Asia-pacific is accounting more than 70% of market share due to huge contribution from China and India for the consumption and production of graphite electrodes. The Asia Pacific is estimated to expand at a rapid pace due to increase in EAF-based steel production. China has major contribution due to its Ministry of Industry and Information Technology; Ministry is a promoting and encouraging for capacity expansions for electric arc furnaces due to reduce environmental impact on country.

China&#;s growing long-term scrap availability along with EAF production outlook is fueling the growth for graphite electrodes market.

Brandessence Market Research has announced the Top 5 Graphite Electrodes Companies In .

GrafTech International established in and headquartered in Brooklyn Heights, Ohio. Specialties in Graphite Electrodes and Needle Coke. GrafTech International has 1,387 employee and revenue of $1 Billion.

SGL Carbon established in and headquartered in Wiesbaden, Hessen. Specialties in Carbon fibers and composites, Lightweight solutions for automotive, wind energy and aerospace applications, Graphite specialties technologies, Solar, LED, and Semiconductor, Development partner for innovative carbon and graphite-based products and solutions. SGL Carbon has Employees and have revenue of $1 Billion.

Showa Denko America established in and headquartered in New York, New York. Specialties in Chemicals, Petrochemicals, Inorganics, Aluminum, Electronics, and Advanced Battery Materials. Showa Denko America has and have revenue of  $ 9 billion.

Nippon Kornmeyer Carbon Group

Nippon Kornmeyer Carbon Group established in and headquartered in Windhagen, Rheinland-Pfalz. Specialties in High temperature & furnace construction, industrial heat treatment, raw & container glass, metal casting, quartz glass production & processing, optical fibers, polysilicon, semiconductor technology, photovoltaics, technical ceramics, and development & consulting. Nippon Kornmeyer Carbon Group has 614 employees and have revenue of $ 435 Million.

Jilin Carbon Co., Ltd

Jilin Carbon is a mining & metals company established in and headquartered in JILIN, JLN Specialties in Carbon products Marketing. Jilin Carbon has revenue of $1 Million.

Key Benefits for Global Graphite Electrodes Market Reports &#;

Global market report covers in depth historical and forecast analysis.

Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.

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