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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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Friday, 31 July 15
CAPE'S PAPER MARKET REMAINS FIRM - INTERMODAL
COALspot.com: The positive sentiment that the Dry Bulk market has been enjoying as of the previous month, was carried through last week as well, bu ...
Friday, 31 July 15
COAL PRODUCTION IN THE U.S. UP 3.6% FOR THE WEEK ENDING JULY 25
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.8 million shor ...
Friday, 31 July 15
CHINA'S NEW OIL IMPORT RULES HAVE MINIMAL IMPACT ON STATUS QUO - FITCH
Fitch Ratings says that China's looser criteria for crude oil import rights are a positive but modest step towards encouraging private-sector p ...
Thursday, 30 July 15
EFFECTS OF THE CHINESE STOCK MARKET CRISIS - INTERMODAL
All evidence is currently signaling that the Chinese stock market will be the newest hurdle for the global economy. With the world's second lar ...
Wednesday, 29 July 15
Q1'16 FOB INDONESIA COAL SWAP CLOSED HIGHER THAN Q3'15
COALspot.com: Indonesian coal swap for delivery Q3 2015 declined month on month and gains week over week, this past week.
The Q3 swap was decl ...
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- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Planning Commission, India
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
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