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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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Sunday, 28 April 13
PANAMAX FREIGHT COULD BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - This BDI closed slightly lower at 871 points (down by 1.91 pct) mainly due to drop in the Panamax index by almost 10 pct.
Th ...
Saturday, 27 April 13
HANDY : SLIDING ; PANAMAX : POSITIVE ; CAPESIZE : STILL ON ITS KNEES - FEARNRESEARCH
Handy
The Atlantic markets started sliding with no fresh cargoes seen in the market. The USG-Feast was at USD 18k and Black sea-Feast was at USD 11 ...
Saturday, 27 April 13
2ND CHINA INTERNATIONAL SHALE GAS SUMMIT
Press Release - 2nd China International Shale Gas Summit, 10-13 September 2013 | Chengdu, China
*The largest annual event for the shale gas indus ...
Friday, 26 April 13
LIMA SUMMIT IN JULY TO HIGHLIGHT LATIN AMERICAN MINING POTENTIAL
COALspot.com - Latin American mining industry officials and their private sector counterparts will be gathering in Lima, Peru on July 1-2 for the La ...
Wednesday, 24 April 13
FUTURE US POWER MARKET SHARES OF COAL, NATURAL GAS GENERATORS DEPEND ON RELATIVE FUEL PRICES - EIA
COALspot.com - In recent years, in US, natural gas competed more effectively with coal as a fuel for electricity generation as the cost of operating ...
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- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
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