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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, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...
Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable.
Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...
Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...
Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...
Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...
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- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Eastern Energy - Thailand
- The University of Queensland
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
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