The global calcined petroleum coke market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. For example, for €66.6 million, Oxbow Carbon LLC (Oxbow) announced that it has successfully acquired 50.1 percent of OVET Holding B.V. (OVET) from H.E.S. Beheer N.V. (HES). Southwest Netherlands' Terneuzen and Flushing dry bulk terminals are owned and managed by OVET. Additionally, OVET owns a 50% stake in OBA Group B.V. (OBA), which runs the OBA dry bulk port in Amsterdam, the Netherlands. Steam coal, coking coal, petroleum coke, anthracite, agribulk, minerals, biomass, and other solid bulk goods are handled at the OVET and OBA terminals, mostly for usage in the Netherlands, Germany, Belgium, and France. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions. 'Oxbow Corporation', 'Rain Carbon Inc ', 'Petrobras', 'ExxonMobil Corporation', 'Saudi Arabian Oil Company (Aramco)', 'BP plc', 'Indian Oil Corporation Ltd.', 'Essar Oil Ltd.', 'Phillips 66 Company', 'Chevron Corporation', 'Reliance Industries Limited', 'Royal Dutch Shell plc', 'Valero Energy Corporation', 'Sinoway Carbon Co. Ltd.', 'Goyal MG Gases Pvt. Ltd.', 'Atha Group ', 'Goa Carbon Limited', 'Mitsubishi Chemical Corporation', 'Nippon Coke & Engineering Company, Ltd.', 'China Petroleum & Chemical Corporation (Sinopec)'