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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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Wednesday, 19 November 14
SHIPPING MARKET INSIGHT - BY KATERINA RESTIS
The current Ebola outbreak in West Africa has been declared as a worldwide health emergency by the World Health Organization and has had a great im ...
Tuesday, 18 November 14
VALEMAX DEAL TO DETERMINE DRY BULK MARKET'S FATE - DREWRY MARITIME RESEARCH
Vale’s accord to sell and lease four Valemax vessels to COSCO might have negative repercussions on dry bulk freight rates. Vale has committed ...
Tuesday, 18 November 14
SUB-BIT FOB INDONESIA COAL SWAP DELIVERY Q2' 2015 CLOSED AT $ 49.55; DOWN 4.10% M-O-M
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, gained week on week and day on day.
The Q1 swap has lost US ...
Tuesday, 18 November 14
FOB RICHARDS BAY COAL SWAP FOR Q1' 2015 DELIVERY CLOSED AT $ 66.31; UP 1.33% W-O-W
COALspot.com: API 4 FOB Richards Bay Coal swap for Q1’ 2015 delivery has gained US$ 0.27 (+0.41%) month over month and US$ 0.87 (+1.33%) week ...
Tuesday, 18 November 14
CHEAP OIL PRICES COULD RESHAPE GLOBAL OIL EXPORTING MAP - HELLENIC SHIPPING
Tanker owners have enjoyed a rather healthy 2014, but as the year draws to a close, the fall of oil prices is bound to reshape traditional, as well ...
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- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Australian Coal Association
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
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