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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, 09 September 10
INDONESIA SWAPS COAL FOR INFRASTRUCTURE - FT
As Asia’s major economies bound forward and their hunger for energy surges over the next decade, Indonesia is strategically positioned to take ...
Thursday, 09 September 10
DRY BULK MARKET IS LOOKING TO INCREASE GAINS ON OCTOBER IRON ORE CONTRACTS
The “success” story that the dry bulk market has been displaying during the past couple of weeks is being materialized as we head toward ...
Tuesday, 07 September 10
INDIA IMPORTS 1.63 MLN T OF COAL FOR THE PERIOD 30 AUGUST - 5 SEPTEMBER - SOURCES
COALspot.com: India has imported 1.07 million tons of power plant coal, 0.520 mln tons of coking coal and around 41,000 mt of Anthracite coal for th ...
Tuesday, 07 September 10
GOVERNMENT DECLARED INDONESIAN COAL PRICE REFERENCE DECLINE FOR THIRD-STRAIGHT MONTH
COALspot.com: Indonesian thermal coal price reference, a monthly benchmark price declared by Ministry of Energy and mineral resources of Repub ...
Tuesday, 07 September 10
MERCATOR TO BUY COAL MINE IN INDONESIA THIS FISCAL
Mercator Lines, India’s second-largest shipping company which has diversified into coal mining, will buy a coal mine in Indonesia with more th ...
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- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
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- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
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- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- The University of Queensland
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- Sindya Power Generating Company Private Ltd
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- Africa Commodities Group - South Africa
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- European Bulk Services B.V. - Netherlands
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- Power Finance Corporation Ltd., India
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- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
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- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
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- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Trasteel International SA, Italy
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- Alfred C Toepfer International GmbH - Germany
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- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- The Treasury - Australian Government
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- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
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- Orica Australia Pty. Ltd.
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
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- Bhushan Steel Limited - India
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- New Zealand Coal & Carbon
- Indian Energy Exchange, India
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- Electricity Authority, New Zealand
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- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
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- Wilmar Investment Holdings
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- GN Power Mariveles Coal Plant, Philippines
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- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Rio Tinto Coal - Australia
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- Economic Council, Georgia
- The State Trading Corporation of India Ltd
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- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
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- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
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- Bulk Trading Sa - Switzerland
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- Romanian Commodities Exchange
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- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
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- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
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- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
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- Intertek Mineral Services - Indonesia
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- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
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