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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, 08 May 14
'TRIAL BY MEDIA, TRIAL BY LAW' - A REPORT FROM TRACK 1 OF BIMCO'S ANNUAL CONFERENCE DUBAI 2014
KNOWLEDGE TO ELEVATE
Aiming to bring a very different type of event into their annual conference, BIMCO presented ‘Double Jeopardy &n ...
Thursday, 08 May 14
INDONESIAN COAL PRICE REFERENCE IN MAY CRASHES THROUGH $74
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has revised down again the coal bench mark price by US$ 1.21 / MT to ...
Wednesday, 07 May 14
THE DRY BULK MARKET HAS NOTED ANOTHER WEEKLY POSITIVE GAIN
Chartering (Wet: Softer- / Dry: Stable+)
The Dry Bulk market has noted another weekly positive gain, driven by the Capesize segment, but we ne ...
Wednesday, 07 May 14
SGX ENHANCES ITS COMMODITIES PRODUCT OFFERING
COALspot.com: SGX is building up its bulk commodity product offerings with 9 more derivative contracts over the next 2 months, subject to regula ...
Tuesday, 06 May 14
NEWCASTLE COAL EXPORT SLIPS 7.92% WEEK ON WEEK
COALspot.com: In the week ended 07:00 hours 5 May 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland ...
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- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Aditya Birla Group - India
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- The University of Queensland
- GMR Energy Limited - India
- Bhushan Steel Limited - India
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