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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, 09 March 10
STRONG REBOUND IN ALL THE DRY BULK SEGMENTS THIS WEEK
There was a strong rebound in all the dry bulk segments this week, leading to an 18% jump in the Baltic Dry Index.
The Cape and Panamax markets s ...
Tuesday, 09 March 10
L&T POWER EYEING COAL MINES IN AUS, INDONESIA
L&T Power Development Company, a part of the Larsen & Tubro Group, plans to acquire coal mines in Australia and Indonesia, a top company off ...
Tuesday, 09 March 10
BHP AGREES SHORTER-TERM COAL DEALS WITH EUROPEAN, ASIAN CUSTOMERS
Diversified miner BHP Billiton on Monday reported that it had reached sales terms for a significant portion of its hard coking coal volumes for 2010 ...
Monday, 08 March 10
KPCL TO IMPORT 0.9 MILLION TON OF 6000 GCV COAL
COALspot.com: India's Karnataka Power Corporation Ltd is seeking to import 0.9 million metric tons of 6000 kcal/kg (adb) Gross Calorific Value stea ...
Monday, 08 March 10
CHINA SHIPPING TO CARRY MORE COAL FOR SHENHUA
Hellenic Shipping News reported that, China Shipping (Group) Company will expect to ship 40 million tons of coal for Shenhua Group in 2010, Li Shaod ...
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- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- White Energy Company Limited
- Australian Coal Association
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
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