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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, 20 September 13
DRY BULK MARKET REACHES NEW HEIGHTS THIS WEEK STANDING AT THREE-YEAR HIGH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The biggest rally of the dry bulk market in more than three years have brought back joy among ship owners, especially those active in the Capesize m ...
Friday, 20 September 13
US COAL PRODUCTION SLIGHTLY UP WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer produced totalled approximately 20.30 million short tons (mmst) of ...
Friday, 20 September 13
COLOMBIA SHIPPED 31.14 MILLION TONS OF THERMAL COAL IN H1
COALspot.com : Colombia’s coal exports fell by 20.59 percent in June 2013 compared to Colombia’s May's export of 7,633,579 MT.
Colom ...
Thursday, 19 September 13
CAPESIZE : AVERAGE DAILY EARNINGS HAVE GAINED ALMOST USD 6K WOW - FEARNLEYS
Handy
The rates in Feast are still firm this week even the activity calmed down a bit as chrtrs are not in a rush to cover even their end Sept carg ...
Wednesday, 18 September 13
IRON ORE AND ZINC ARE BEST PERFORMING MINING SECTORS IN CURRENT LOW PRICE, HIGH COST ENVIRONMENT - WOOD MACKENZIE
With the fall in commodity prices, cash margins in the mining industry have come under pressure. Accordingly, producers and investors are placing in ...
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- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- White Energy Company Limited
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Indika Energy - Indonesia
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