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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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Monday, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...
Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 ...
Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...
Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports. "Pakistan's tota ...
Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy
The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...
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- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- PTC India Limited - India
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
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