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Tuesday, 05 May 09
INDONESIA'S ADARO PAYS $78.6 MLN FOR COAL-BARGING FIRM - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, said late on Monday it paid $78.6 million for a 74 percent stake in Orchard Maritime Pte Ltd, a coal-barging and ship-loading firm.
Boy Garibaldi Thohir, Adaro's president director, said in a statement that the acquisition of Singapore-based OML would improve the firm's coal supply chain.
"We will have better control of the supply chain and less counter-party risk," Thohir said.
Adaro, which has a market capitalisation of $3.4 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and Indonesian state electricity firm Perusahaan Listrik Negara (PLN). Exports account for 70-72 percent of its sales.
The firm expects to produce 42-45 million tonnes of coal this year, up from 38.5 million tonnes in 2008, and aims to increase production to 80 million tonnes per year in the next five years.
San Miguel Corp of the Philippines is in talks to buy a stake worth about $500 million in Adaro, which Goldman Sachs , Citigroup and hedge fund Farallon plan to sell.
Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK50369320090505
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Tuesday, 05 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE - BLOOMBERG
COAL shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 18 percent last week while the numb ...
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 ...
Monday, 04 May 09
VISTAAR SINGAPORE SAYS, THIS MONTH DRY BULK FREIGHT LIKELY TO COME DOWN
COALspot.com (Singapore) - VISTAAR shipping Services Pte Limited of Singapore, said, the beginning of last week started with bit of weakness an ...
Monday, 04 May 09
PNOC-EC TO GROW COAL OPERATIONS - PHILIPPINE DAILY INQUIRER
LISTED firm Philippine National Oil Co.-Exploration Corp. plans to expand its operations this year to ensure the steady supply of coal and fur ...
Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for ...
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- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- SMC Global Power, Philippines
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Australian Coal Association
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Economic Council, Georgia
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
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