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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, 07 January 11
SRI LANKA NEW PORT TO OFFER SHIP FUEL IN MAY - LBO
LOB reported that, The Sri Lanka Ports Authority (SLPA) plans to start bunkering or ship fuel operations at a new port in southern Hambantota in May ...
Friday, 07 January 11
DRY BULK MARKET ON A FREEFALL, AS THE NEW YEAR EARLY DAYS DONT BRING MANY CHEERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is facing its worst slump in more than two years, falling by 4.75% yesterday to reach 1,544 points, on top of an additional 4.2% ...
Thursday, 06 January 11
OVERSEAS & GENERAL SIGNS AGREEMENT TO EXPAND FOOTPRINT ON COAL LEASE IN INDONESIA - PROACTIVE INVESTORS
Proactive Investors reported that, Overseas & General (ASX: OGL) has entered into a joint operating agreement on the Jambi Coal Lease in Sumatra ...
Thursday, 06 January 11
BANPU EXPECTS ROSY 2011 AS COAL PRICES SKYROCKET - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, expects minimal impact from the production stoppage at its Daning mine in China ...
Thursday, 06 January 11
COKING COAL CONTRACT PRICE MAY RISE 33% ON AUSTRALIAN FLOODS - BLOOMBERG
Bloomberg reported that, Steelmakers in Asia may be forced to pay as much as 33 percent more for hard coking coal after the worst floods in 50 years ...
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- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- The University of Queensland
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Australian Coal Association
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
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