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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, 21 July 10
FEWER SHIPS SOLD FOR SCRAP IN JUNE, ADDING PRESSURE TO FREIGHT RATES
The easing of vessel tonnage supply should be among the main concerns among ship owners, especially those active in dry bulk shipping. The reason is ...
Wednesday, 21 July 10
BUKIT ASAM SEALS RP900 BIO COAL DEAL
Souce: Insider Stories
Insider Stories reported that, State-Owned coal producer PT Tambang Batubara Bukit Asam Tbk (PTBA) have agreed t ...
Wednesday, 21 July 10
TUAH TURANGGA BUYS ABP US$ 15.9 MIO
Source: Insider Stories
Insider Stories reported that, Komatsu heavy equipment PT United Tractors Tbk (UNTR) through its wh ...
Tuesday, 20 July 10
CHINA'S RELIANCE ON COAL TO DROP 7% BY 2015 - XINHUA NET
Xinhua Net reported that, China's coal consumption is likely to drop to 63 percent of total energy consumption by 2015, down from 70 percent last y ...
Tuesday, 20 July 10
CHURCHILL PLANNING TO PRODUCE 35 MILLION TONNES PER ANNUM FROM ITS EAST KUTAI COAL PROJECT
According to Churchill's website, the East Kutai Coal Project is a world-class thermal coal deposit, with a JORC Mining Reserve of 961 milli ...
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- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Australian Coal Association
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- PTC India Limited - India
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Indian Energy Exchange, India
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