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Tuesday, 05 May 09
PHILIPPINES SEMIRARA STILL EXPECTS HIKE IN COAL SALES - BUSINESS MIRROR
DESPITE the anticipated soft demand resulting from the prevailing global financial crisis, the country’s largest coal producer Semirara Mining Corp. is still seeing a 15-percent to 21-percent jump in sales volume this year.
At the sidelines of its annual stockholders’ meeting on Monday, vice chairman and chief executive Isidro Consunji said its local buyers—made up of power plants, cement industry stakeholders, among others—will continue to boost sales from 3.31 million metric tons (MT) in 2007 to about 3.8 million to 4 million MT this year.
Of that projected sales volume, about 1.5 million MT will go to exports, still a growth from last year’s volume of 992,749 MT.
In terms of sales value, Consunji declined to give numbers due to volatility in prices. “Because of the recession, the prices went down. Coal before was priced $65 but now it is now about $40. So we really expect it to be soft. But according to our buyers, the 3rd or 4th quarter should be good as the economy improves again,” he said.
The company also supplies coal to buyers in India, China and Hong Kong.
“This year we saw our exports to widen. There have been some shipments to Taiwan and couple of shipments to Thailand,” added Consunji.
The company has no significant programmed capital expenditures this year but should the need arises, it can easily tap into its 19 million Treasury shares, which it bought back from the market in 2006, it said.
“If we want to raise liquidity, we can go to the market and sell these shares,” he said. Semirara shares were valued P27.50 each at the end of Monday’s trading at the stock market.
The company ended 2008 with a net profit of P796.4 million from P633.3 million the previous year.
Source: http://businessmirror.com.ph/home/companies/9763-semirara-still-expects-hike-in-coal-sales.html
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Saturday, 16 May 09
FREIGHT MARKET HAS BEEN EXTREMELY BUOYANT - VISTAAR SINGAPORE
COALspot.com (Singapore): The week saw the BDI rally continuing and the market freight market has been extremely buoyant, VISTAAR Shipping Pte Limit ...
Friday, 15 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
ENERGY and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
Thursday, 14 May 09
INDONESIA 2009 COAL OUTPUT REVISED DOWN - REUTERS
* Indonesia coal output seen at 240 million tonnes in 2009
* Coal exports down 11.2 pct to 44.79 mln tonnes in Q1 2009
* Production down 1.4 pct t ...
Thursday, 14 May 09
PAKISTAN WILL IMPORT 3.2 MILLION TON OF COAL IN 2009 - SEATRADE
COALspot.com (Pakistan) - SEATRADE Group of pakistan a single largest imported coal supplier in Pakistan, forecasting Pakistan steam coal imports wi ...
Wednesday, 13 May 09
ADARO, ITM EXPECT COAL GROWTH IN 2009
Adaro, which has a market capitalization of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and ...
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- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Australian Coal Association
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
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