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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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Tuesday, 17 May 11
DRY BULK MARKET ENTERS WEEK ON WEAK MODE - HELLENIC SHIPPING
In yet another sign of softening freight rates for dry bulk carriers and oversupply issues, the dry bulk market entered this week on a downward path ...
Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...
Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...
Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...
Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...
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- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- MS Steel International - UAE
- Central Java Power - Indonesia
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
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