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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, 07 July 09
ECONOMIC SURVEY 2008-09 OPEN UP COAL TO FUEL POWER PLANTS
TOI reported that the coal ministry's efforts at opening doors for full private entry through open bidding in coal mining got a boost, with the Eco ...
Tuesday, 07 July 09
POWER - STATION COAL MAY RISE ON CHINA DEMAND, SUPPLIES, UBS SAYS
Power-station coal prices in Asia may increase in 2010 because of higher demand from China, the second-largest energy-consuming nation, and supply c ...
Saturday, 04 July 09
FREIGHT FUTURE FOR 3 YEARS UNTIL 2012 WAS FAIRLY SOFT AROUND PANAMAX / US$ 16,000, SUPRAMAX / US$ 13,000 PER DAY
COALspot.com (Singapore): According to Vistaar shipping, an experinced ship operator in Singapore, the freight market was soft with bit nervousness ...
Saturday, 04 July 09
CHINA BUYS 17% OF MINER TECK RESOURCES FOR $1.5 BILLION
* To sell 17.2 percent stake to China Investment Corp
* To raise proceeds of C$1.74 bln
* Shares rise 3.2 percent (Adds details. In U.S. dol ...
Saturday, 04 July 09
MINING CONTRACT SOUGHT FOR COAL AREA IN MASBATE
Because of its coal deposits, a town in Masbate is one of the sites in the country being sought out for exploration and development by mining compan ...
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- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
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