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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, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy
Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Co ...
Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s exp ...
Thursday, 22 July 10
BERAUS IPO NEXT MONTH CAN BECOME THE LARGEST THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s fifth largest coal miner PT Berau Coal Energy Tbk will launch its initial public offering (IPO) ne ...
Thursday, 22 July 10
DRY BULK MARKET EDGES HIGHER, BUT RECOVERY IS SLOW
The dry bulk market’s recovery, which started last Friday has sustained its momentum thus far, but the pace of it seems to be an agonizing one ...
Wednesday, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL
It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdo ...
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- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Parliament of New Zealand
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
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