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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, 15 October 10
VALUE ADDED TAX FOR COAL TO RE-INTRODUCE IN INDONESIA
COALspot.com: Indonesian government is drafting a ministerial decree to re-introduce value added tax for coal and mineral. Coalindo weekly news lett ...
Thursday, 14 October 10
COAL PRICES AT QINHUANGDAO PORT UP - CAPITALVUE
Capitalvue reported that, prices of steam coal yielding 5,500 kilocalories per kilogram (kcal/kg) in Qinhuangdao Port have risen five yuan to 715-72 ...
Thursday, 14 October 10
DRY BULK MARKET MAINTAINS POSITIVE TREND ON FIRMER CHINESE IRON ORE DEMAND
The dry bulk market has kept its upward trend set since last week, with the industry’s main benchmark, the Baltic Dry Index (BDI) rising to 2, ...
Tuesday, 12 October 10
DRY BULK MARKET LOOKING FOR DIRECTION AFTER WEEK OF CAPESIZE GROWTH
The dry bulk market ended Monday unchanged from Friday’s closing, today standing at 2,695 points. In summary, the capesize and the supramax se ...
Tuesday, 12 October 10
COAL SPOT TRADING MAY SOOTH PRICING CONFLICTS - GLOBAL TIMES
Global Times reported that, Tianjin-based Bohai Commodity Exchange launched steam coal for spot trading for the first time Monday. Steam coal is mai ...
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- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
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