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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, 05 January 11
HIGHER COAL PRICES LIFT UP COAL STOCKS
Thermal coal price this month has gone up 5.63% to US$127.70 per ton today from mid last month at US$120.89 per ton.
Thermal coal price for next ...
Wednesday, 05 January 11
BUKIT ASAM TARGETS 20% BUY TO GROW COAL TRANSPORT CAPACITY - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesian coal producer Tambang Batubara Bukit Asam is considering buying an additional 20 percent stake in Bukit ...
Wednesday, 05 January 11
FLOODING IN AUSTRALIA WILL CAUSE COAL PRICES TO SPIKE AT LEAST 20 PERCENT
Rising coal prices are set to spike at least 20 per cent higher because of supply shortages due to severe flooding in Australia, adding cost pressur ...
Wednesday, 05 January 11
DRY BULK MARKET BEGINS NEW YEAR ON SOUR NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Seasonal factors like the worst flooding in Australia’s Queensland in half a century, coupled with thin trade activity has put the dry bulk ma ...
Tuesday, 04 January 11
THE WCI-CHINA ROUTE WAS TRADED IN THE MID US$ 10,000S - BRS DRY BULK
As reported by BRS Dry Bulk, after a stronger than expected performance in 2010, rates finished on a sombre note in December with the BDI at1,773 po ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Australian Coal Association
- Planning Commission, India
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
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