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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, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING
Handy
Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. ...
Thursday, 13 May 10
DRY BULK SHIP OWNERS CHEERFUL AMID MARKET RALLY
China’s appetite for raw materials like iron ore and coal, as well as a series of added factors are boosting demand for dry bulk carriers, hel ...
Wednesday, 12 May 10
BANPU'S Q1 PROFIT SLIDES 43% TO B2.71BN - BANGKOK POST
The Bangkokpost reported that, Banpu Plc posted a first-quarter net profit of 2.71 billion baht, down by 43% from the same period last year.
The ...
Tuesday, 11 May 10
DALRYMPLE BAY COAL EXPORTS HIGHEST SINCE JULY; NEWCASTLE FALLS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Dalrymple Bay terminal in Queensland state rose to the highest in nine months in Apri ...
Tuesday, 11 May 10
DRY BULK RATES SHOOT UP ON STRONG CARGO DEMAND
The dry bulk industry’s benchmark, the Baltic Dry Index (BDI) has kept its momentum, as predicted by analysts and shipping experts, managing t ...
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- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- The University of Queensland
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
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