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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, 20 February 14
LENGTHY DELAYS TO PANAMA CANAL EXPANSION POSE GLOBAL TRADE RISKS; US COAL PRODUCERS TO GREATLY BENEFIT ONCE COMPLETE, SAYS WOOD MACKENZIE
Wood Mackenzie expects the recent cost overrun disputes around the Panama Canal expansion to be resolved with limited disruption due to the signific ...
Thursday, 20 February 14
SUPRAMAX: IN ASIA IS IMPROVING SIGNIFICANTLY AND TURNED FROM APS TO DOP MARKET
Handy
The activity is back in the market after Chinese holidays. Supramax in Asia is improving significantly and turned from APS to DOP market. We ...
Wednesday, 19 February 14
NEWCASTLE PORT SHIPPED 30% MORE COAL WEEK ON WEEK
COALspot.com: In the week ended 17 February 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled ...
Tuesday, 18 February 14
PERUVIAN HIGH COMMISSIONER FOR MINING AFFAIRS WILL BE KEY NOTE SPEAKER AT THE COLOMBIAN COAL CONFERENCE 2014
Press Release: The High Commissioner for Mining Affairs in the Presidency of the Peruvian Council of Ministers, General (R) Daniel Urresti Elera, ha ...
Monday, 17 February 14
US COAL PRODUCTION IN 2013 FELL TO ITS LOWEST LEVEL IN 20 YEARS
COALspot.com: U.S coal production for 2013 totaled an estimated 996 million short tons (MMst), 21 MMst (2%) lower than in 2012. It is the first time ...
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- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- The University of Queensland
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Economic Council, Georgia
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Australian Coal Association
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Planning Commission, India
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
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