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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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- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Australian Coal Association
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
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