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Monday, 26 July 10
CEMENT MAKERS EXPLORE NEW FUELS TO REPLACE COAL - ECONOMIC TIMES
Economic Times reported that, As the cement industry reels under high raw material costs and reduced coal linkages, companies are exploring alternative options such as rubber tyres and rice husk as substitutes for fuel.
Companies such as Grasim Industries, ACC, Shiva Cement have started using alternative fuels in their plants while other cement firms are exploring similar techniques to deal with the fuel shortage.
“As coal prices are rising, there is no other option but to use alternative fuels like rubber tyres, saw dust and sewage as alternatives, though the percentage is small currently,” said Shree Cement managing director Hari Mohan Bangur. Other companies such as JK Cement, too, have plans to use alternatives such as city waste, rubber tyres and saw dust for the production of cement.
Cement firms recently wrote to the coal ministry seeking additional supplies from Singareni Collieries Company, one of the largest suppliers to cement plants in the southern states.
RP Gupta, CMD, Shiva Cement said, “We have recently started using char (by product of iron steel) as an alternative for coal. As cost saving is concerned, one needs to see things in the long term. Initially, it’s around 3% of total raw material cost but it will increase to 5-10% in the next few years.”
The Indian cement industry is likely to face a coal crunch in the short-to-medium term, say analysts. “Companies will have to take the tough measure as importing coal is a costly proposition,” said Rupesh Sankhe, analyst at Angel Securities.
There is a gap between the demand and supply of coal and the companies have to create alternative arrangements, say industry experts. Even, coal supplies may see a slight drop in August due to rains. According to the Cement Manufacturers Association, about 17.2 million tonne were produced and 17.3 million tonne were despatched in June against 16.6 mt and 16.7 mt, respectively, in June 2009.
India has more than 70 cement companies and a total installed capacity of 260 million tonne. Cement manufacturers will add 110 million tonne to their current production capacities at an investment of about Rs 50,000 crore over the next three years.
The Indian cement industry is growing at 9-11% for the past few years with a capacity of 260 million tonne while China, the world’s largest market, is growing at 14%. The global market is expected to grow at 5% and the Brazil market at 4%.
Source: Economic Times
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Friday, 28 October 11
RISING COAL PRICES TO WORSEN CHINA'S WINTER POWER CRUNCH - CRI ENGLISH
CRI English reported that, the rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said.
The ...
Thursday, 27 October 11
CAPESIZE REACHING NEW HIGHS - FEARNLEYS
Handy
Pacific market has mixed sentiments with tonnages fixed at firm levels and some tonnages in feast failing on subs.For indo-india, large eco ...
Thursday, 27 October 11
DRY BULK MARKET EDGES DOWN AS CHINAS IRON ORE DEMAND LOSES GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A plunge in Chinese iron ore demand, as a result of high steel inventories and a bleak outlook regarding steel prices, has prompted the dry bulk mar ...
Thursday, 27 October 11
BUKIT ASAM 3Q PROFIT SURGES 66.91%
Insider Stories reported that, the state-controlled coal miner PT Bukit Asam Tbk (PTBA) experienced a 66.91% increase in its net profit during a per ...
Wednesday, 26 October 11
MOODYS SEES MORE GROWTH FOR INDONESIAN COAL MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal mining industry looks set to grow despite an uncertain global economic outlook, according to ...
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- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Planning Commission, India
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
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