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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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Thursday, 15 July 10
IRON ORE PRICING MECHANISMS PUT ON THE SPOT
THE new iron ore pricing mechanisms that killed off the annual benchmark system are coming under pressure. The spot price of the steel feed has fall ...
Thursday, 15 July 10
NTPC TO PURSUE COAL MINE ACQUISITION IN AUSTRALIA, INDONESIA - BUSINESS STANDARD
Business-Standard reported that, NTPC, the India’s largest power producer, has set the ball rolling to acquire coal mines or form joint ventur ...
Wednesday, 14 July 10
SUCCESSFUL COMMISSIONING OF GTLE LOW RANK COAL UPGRADING PLANT
COALspot.com: GTL Energy Ltd (GTL Energy) announced that construction and commissioning of its proprietary ‘first-of-a-kind’, low rank c ...
Tuesday, 13 July 10
BUMI TO PRODUCE MORE THAN 67 MILLION TONS OF COAL IN 2010
COALspot.com: Bumi resources, Indonesia’s largest coal producer has previewed its operating results in KPC/Arutmin for Jan – Jun 2010. A ...
Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
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- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Thai Mozambique Logistica
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
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