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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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Sunday, 23 January 11
THE AVERAGE CHARTER RATE FOR CAPE SIZE VESSELS WAS AT $ 8,859 PD ALMOST CLOSE TO 2008 LOWS - VISTAAR
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1,370 points. “ In May 2010 the BDI touched ...
Saturday, 22 January 11
POSSIBLE COAL EXPORT RESTRICTIONS ON INDONESIA UNLIKELY TO AFFECT CHURCHILL MINING - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining moved to reassure investors after a fall in its share price, stating that from talks with the au ...
Thursday, 20 January 11
INDONESIA MAY BAN LOW-QUALITY COAL EXPORTS FROM 2014 - BLOOMBERG
Bloomberg reported that, The Indonesian government plans to ban exports of coal with an energy value of less than 5,600 kilocalories a kilogram star ...
Thursday, 20 January 11
SUPRAS ARE DOING USD 7- 8K FOR INDONESIA-INDIA - FEARNBULK
Handy
Negative sentiment for forward positions in the Atlantic market due to lack of cargo availability and too many ballasters from the East. Con ...
Thursday, 20 January 11
ITMG TARGETS TO PRODUCE 25 MILLION TONS OF COAL THIS YEAR - BISNIS INDONESIA
Bisnis Indonesia reported that, Coal producer PT Indo Tambangraya Megah Tbk (ITMG) targets to produce 25 million tons of coal this year, a 13. ...
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- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Planning Commission, India
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
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