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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, 02 July 14
THE PANAMAX MARKET CONTINUED TO BLEED FOR ANOTHER WEEK - INTERMODAL
COALspot.com: The Dry Bulk market succumbed to mounting pressure this past week, while the Capesize market proved unable to “save the day&rdq ...
Wednesday, 02 July 14
HANDY BULKERS PROVE TO BE THE MOST SOUGHT AFTER VESSELS OVER THE PAST WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The Handy dry bulker proved to be the most sought after ship by ship owners active in the second hand market, which saw a slight decline in terms o ...
Wednesday, 02 July 14
SHIPPING: MARKET INSIGHT - GEORGE DERMATIS
After 6 months, 57 ministerial meetings and 67 political agreements, the journey of the Greek Presidency in the EU reached its end yesterday; only ...
Tuesday, 01 July 14
INDIAN POWER PLANT COAL STOCKPILES VERY LOW
COALspot.com: According to today's Weekly Dry Bulk Report published by Commodore Research, Indian power plant coal stockpiles have now fallen t ...
Monday, 30 June 14
SUB-BIT FOB INDONESIA COAL PRICES ARE STILL STRUGGLING TO RECOVER
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on week and on month according to AsiaClear OTC coal swap's reports release ...
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- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- The University of Queensland
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
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