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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, 25 May 11
DRY BULK MARKET ENTERS WEEK ON A HIGH NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has managed to end its downward trend of the past few weeks and surge back on higher ground. Yesterday, the Baltic Dry Index (BD ...
Monday, 23 May 11
BRMS IS TO START PRODUCTION FROM DAIRI PRIMA MINERALS
COALspot.com - The Presidential Decree No. 28 Year 2011 that allows conditional underground mining in the protected forest areas was issued on 19th ...
Sunday, 22 May 11
INDONESIA - INDIA IS LIKELY TO BE STEADY NEXT WEEK - VISTAAR SINGAPORE
COALspot.com - The freight market remained soft beginning of the week, however second half of the week was firm with BDI up by 3.29 pct and closed a ...
Saturday, 21 May 11
OWNERS PREFER TO DO INDO COAL OR NICKEL ORE TO CHINA RATHER THAN GOING TO INDIA - FEARNBULK
Handy
The Atlantic is marked by volatility and very positional, nevertheless USG,NCSA, Cont remain strong thanks to the petcoke, grains and scrap ...
Friday, 20 May 11
GOVT TOLD TO LIMIT COAL, GAS EXPORTS - THE JAKARTA POST
The Jakarta Post, a leading news paper in Indonesia, reported that, Amid soaring global oil prices, the government should limit exports of coal and ...
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- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Planning Commission, India
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
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