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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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Thursday, 14 August 14
INDIA'S PLAN TO START AN INFRASTRUCTURE BOOM AND TO INVEST US$ 1 TRILLION BY 2017 WILL SURELY AFFECT THE DRY BULK TRADE - FEARNLEYS
Handy
The Atlantic Supra market has continued its improving sentiment with rates climbing and TA´s are now up about US$ 900 w-o-w, said Fea ...
Wednesday, 13 August 14
WEEKLY MARKET INSIGHT - KONSTANTINOS KONTOMICHIS SNP BROKER
Being at the peak of the holiday season, August is, as usual, the quietest month in terms of snp transactions, yet it is also a time very critical ...
Wednesday, 13 August 14
WHAT DOES PROJECT CARGO REALLY MEAN TO INSURERS?
KNOWLEDGE TO ELEVATE
Richard Kamppari-Baker, claims manager of FP Marine Risks, explains the challenges of project cargo risk assessment from ...
Wednesday, 13 August 14
INDONESIAN COAL PRICE REFERENCE FALL AGAIN CLOSE TO 57 MONTHS LOWS
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price in August. HBA for the month of A ...
Monday, 11 August 14
LARGEST CHINESE TRADE SURPLUS EVER RECORDED IN JULY - BIMCO
China recorded a trade surplus of USD 47.3 billion in July 2014. The record high surplus came on the back of very strong export growth while import ...
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- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
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