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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, 03 June 11
DRY BULK MARKETS RESURGENCE APPEARS TO BE LOSING SOME STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s seems to be losing some steam, despite reports of growing Chinese demand for commodities, especially coal, on the back o ...
Thursday, 02 June 11
LARGE SUPRAS FOR RBCT/INDIA ROUND ARE NOW ASKING 14K - FEARNBULK
Handy
The Handy/Supra market has in general been flat and un-exciting this week. The Black Sea market is almost non existing while the US Gulf mar ...
Thursday, 02 June 11
DRY BULK SHIP OWNERS LOOKING INTO SHORTENED WEEK WITH ANXIETY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With most markets in the western world closed yesterday, as a result of Memorial Day, dry bulk stakeholders weren’t able to build over the pos ...
Monday, 30 May 11
MIANG BESAR COAL TERMINAL ON TARGET
COALspot.com - MBCT, to be largest coal terminal in Asia to start construction in Indonesia’s east Kalimantan Island in July 2011 says Mr. Joh ...
Sunday, 29 May 11
THE FREIGHT MARKET CONTINUED TO GAIN MOMENTUM - VISTAAR
COALspot.com - The freight market continued to gain momentum and the BDI, Cape Index and Panamax was by up almost 10-12 pct and on all sectors, Vist ...
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- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Economic Council, Georgia
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
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