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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, 26 September 14
NEWCASTLMAXES ARE THE MOST SOUGHT AFTER VESSELS BY SHIP OWNERS TODAY SAYS VESSELS VALUE
KNOWLEDGE TO ELEVATE
Determining a ship’s fair value can be a very tricky business, especially when you’re the one paying. As such ...
Thursday, 25 September 14
LACK OF COAL BUSINESS PUSHING DOWN PANAMAX EARNINGS IN PACIFIC
Handy
In the Atlantic we see rates steady climbing upwards. More coal cargoes out of USG and USEC are helping the TA market which is up some USD ...
Wednesday, 24 September 14
ADARO AGREED TO REDUCE ITS CONCESSION AREA TO 31,379.8 HECTARES
COALspot.com: PT Adaro Energy Tbk (Adaro Energy) today announced that, PT Adaro Indonesia (AI), its wholly owned subsidiary, entered into a M ...
Wednesday, 24 September 14
CAPESIZE: ACTIVITY IN BOTH BASINS WAS UNIMPRESSIVE
COALspot.com: The end of the week prior seems to have marked the tone for the days that followed, with the Dry Bulk market giving up a significant ...
Tuesday, 23 September 14
MEDCO TO INCREASE ITS COAL PRODUCTION NEXT YEAR
COALspot.com: PT Medco Energi Internasional is looking to increase its coal production next year, supported by the launch of operations at its Duta ...
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- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- PTC India Limited - India
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
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