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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, 10 March 15
OIL PRICE FORECASTING - IGNORE THE EXPERTS: COLIN MARSHALL
KNOWLEDGE TO ELEVATE
Experts put themselves on a pedestal, making claims to have special forecasting abilities for oil price trends. They, too ...
Tuesday, 10 March 15
FOB NEWCASTLE COAL SWAPS HEADING SOUTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 0.24 per MT (-0.47%) month over month and US$ 1.52 (-2.93%) we ...
Tuesday, 10 March 15
CFR SOUTH CHINA POWER-STATION COAL SWAPS DECLINE
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery fell US$ 0.42 (-0.74%) per MT month over month and declined US$ 1.00 &nbs ...
Monday, 09 March 15
INDONESIA GREETS INDIA RATE CUT AS GOOD FOR EXPORTS - GLOBEASIA
Indonesian commodity producers and economists have hailed the Indian central bank’s rate cut as good for boosting exports from Southeast Asia ...
Monday, 09 March 15
CHINA'S SUPREME COURT ISSUES NEW JUDICIAL INTERPRETATION ON SHIP ARREST AND JUDICIAL SALE OF SHIPS - GARD
KNOWLEDGE TO ELEVATE
China is not traditionally a popular jurisdiction for ship arrest. However, Members and clients with ships calling at por ...
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- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- Planning Commission, India
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
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