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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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Monday, 24 August 15
IS CHINA'S STEEL EXPORTS ENOUGH TO SUPPORT THE FREIGHT MARKET? - BIMCO
No, it’s not enough, you will need lower Chinese iron ore production too in order to keep growing imports of iron ore into China that will su ...
Sunday, 23 August 15
SHIPPING FREIGHT RATES FALL SHARPLY ON EXCESS SUPPLY AND LOW DEMAND
COALspot.com: The BDI continued to soften and was down 5.78 pct and falls back below 1000 points this week.
The cape Index lost 17.25 per cent ...
Friday, 21 August 15
U.S. YEAR-TO-DATE COAL PRODUCTION VOLUME FALLS 8.7% Y-O-Y
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.3 million shor ...
Friday, 21 August 15
GLOBALCOAL TO LAUNCH ONLINE TRADING OF PHYSICAL MET COAL ON 13 OCTOBER
On 13 October 2015, globalCOAL will launch an online platform for the physical procurement and trade of high quality hard coking coal delivered FOB ...
Thursday, 20 August 15
COAL PRICES FALL TO 12-YEAR LOWS AS CHINA, INDIA JOIN DEMAND SLOWDOWN - REUTERS
Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China which until rec ...
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- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- The University of Queensland
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Australian Coal Association
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
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