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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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Tuesday, 20 July 10
DRY BULK SHIPPING MARKET FINDING SOME SUPPORT, AS OWNERS TAKE CAPE SIZES OFF THE MARKET
With the Baltic Dry Index finally having reached bottom, at least according to market analysts, the dry bulk industry is looking to begin its long r ...
Monday, 19 July 10
INDONESIA EXPORTS 24.49 MILLION TONNES OF COAL IN JUNE 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 141.249 million tons of coal in the first half of this year. In June 2010, Indone ...
Monday, 19 July 10
CHINA ONCE AGAIN DOMINATING SHIPPING FREIGHT RATES, WHILE OVERSUPPLY OF TONNAGE RAISES CONCERN
The ending of the week brought a cheerful note among dry bulk ship owners, as the sinking benchmark of the industry, the Baltic Dry Index (BDI) fina ...
Saturday, 17 July 10
THE DRY BULK MARKET CONTINUED THE DOWNWARD TREND - VISTAAR
COALspot.com: The indices continued the downward trend this week also with BDI at 1,720 points and cape size index at 1676 points and the charter ra ...
Saturday, 17 July 10
BULLISH OUTLOOK FOR COKING COAL - MINING MX & HELLENIC SHIPPING
Mining Mx reported that, the coking coal market has better long-term fundamentals than the iron ore market, according to a recent research rep ...
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- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Planning Commission, India
- PTC India Limited - India
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
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