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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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Thursday, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK
Handy
Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requ ...
Tuesday, 15 February 11
INDONESIAN COAL FOR HARYANA THERMAL PLANTS - PUNJAB NEWS LINE
To tide over the recurring coal shortage at thermal plants Haryana Power Generation Corporation Limited (HPGCL) has gone for Malaysian coal for its ...
Tuesday, 15 February 11
TONNAGE OVERSUPPLY TO CHOKE FREIGHT RATES IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a new report assessing the dry bulk market, BIMCO’s analysis suggests that freight rates for Capesize vessels are likely to remain depresse ...
Sunday, 13 February 11
COAL MARKETS 2011 TO HIGHLIGHT INDONESIAN COAL AND NEW SOURCES OF COAL SUPPLY
“Over 300 senior decision-makers from coal mining, power and trading companies expected to congregate in Singapore”
Press Release - K ...
Sunday, 13 February 11
YEAR OF RABBIT PUSHING FREIGHT MARKET UP
COALspot.com – “The market finally moved up with firmness in all sectors with some positive signs of markets recovering”, said Cap ...
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- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Australian Coal Association
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- MS Steel International - UAE
- Ambuja Cements Ltd - India
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