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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, 28 April 09
S'PORE COURT RULES AGAINST DEUTSCHE ON ASSET SALE - REUTERS
Singapore's highest court has ruled that Deutsche Bank (DBKGn.DE) may have to pay unspecified damages to an investment firm as it did not get the b ...
Tuesday, 28 April 09
WORLD THERMAL COAL PRICE EXPECTED TO CRASH - PURCHASING.COM
Macquarie Bank sees 50% drop to $60/ton in 2009
Macquarie Bank today forecast the 2009 average market price for world thermal coal at $60/ton, a ...
Tuesday, 28 April 09
THAI LANNA TO OPEN NEW INDONESIAN MINE BY Q3 - REUTERS
Thailand's Lanna Resources PCL LANN.BK said on Monday it planned to open a new coal mine in Indonesia by the third quarter of 2009 with an initial ...
Tuesday, 28 April 09
SOUTH AFRICAN EXPORT COAL RETREATS ON WEAKER EUROPEAN DEMAND - BLOOMBERG
Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, fell for a second co ...
Monday, 27 April 09
INDONESIA S.KALIMANTAN GETS COAL TRUCKS OFF PUBLIC ROADS - REUTERS
A local government in one of Indonesia's top coal-producing areas has banned coal and palm oil firms from using public roads because of the damage ...
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- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
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- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
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- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
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- MS Steel International - UAE
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
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- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
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- Central Java Power - Indonesia
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