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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, 09 December 12
LOW DEMAND PUSHES CHARTER RATES TOWARDS DOWN - VISTAAR
COALspot.com - The freight market has softened and BDI, The Baltic Dry Index, a measure of shipping costs for dry bulk goods, plunged below 10 ...
Friday, 07 December 12
A NEW PHASE FOR AUSTRALIAN RESOURCES - A FITCH STREET INTERVIEW
This week Matt Jamieson spoke with Andrew Colquhoun in Fitch's Asian sovereign rating team, and Vicky Melbourne, Fitch's commodity analyst based i ...
Friday, 07 December 12
SHIPPING INDUSTRY LOOKING ON YET ANOTHER TOUGH YEAR AS WE APPROACH 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With shipping finance "on the ropes" as traditional lenders appear to be cutting their losses and tonnage oversupply still the most import ...
Thursday, 06 December 12
PANAMAX : THE POSITIVE VIBES IN THE ATLANTIC REMAINS - FEARNLEYS AS
Handy
The Atlantic market is still depressed with dearth of cargoes and more ships. The trips from Continent to Feast fixed around USD 12k. Trips f ...
Thursday, 06 December 12
STRONG CHINESE DEMAND FOR DRY BULK COMMODITIES EXPECTED FOR 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A new analysis from BIMCO released yesterday suggests that 2013 is expected to be a stronger year in terms of China's "hunger" for commod ...
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- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- PTC India Limited - India
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- The Treasury - Australian Government
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
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