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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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Wednesday, 28 September 11
ATLAS RESOURCES TO SELL 25% STAKE IN IPO - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, plans to sell 783.33 m ...
Tuesday, 27 September 11
A STRONG REBOUND FOR THE CAPE MARKET - BRS
A strong rebound for the Cape market, as cargoes continued to flow into the market and tonnage remained tight in the Atlantic, according to Barry Ro ...
Tuesday, 27 September 11
INTRACO SEALS US$25.3 MIO ORDER - INSIDER STORIES
Insider Stories reported that, Heavy equipment distributor PT Intraco Penta Tbk (INTA) obtained a US$25.3 million order on hand of heavy equipments ...
Sunday, 25 September 11
THE CHARTER RATES FOR INDONESIA TO INDIA WAS FIRM - VISTAAR
COALspot.com - The freight market moved up sharply with the cape Index up by 11 pct pushing the BDI by almost 6 pct and closing at 1,920 point ...
Saturday, 24 September 11
GOVT PLANS TO RENEGOTIATE ALL CONTRACTS INCLUDING FREEPORT - JP
The Jakarta Post reported that, the Energy and Mineral Resources Ministry has confirmed plans to renegotiate all mining contracts including those wi ...
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- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Australian Coal Association
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
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