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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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Tuesday, 16 October 12
DRY BULK FREIGHT RATES COULD IMPROVE ON CHINESE STIMULUS AND WINTER CARGO DEMAND SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
BIMCO has given out its forecast for the next six weeks, in terms of freight rates for dry bulk carriers. According to them, Capesize TC Average rat ...
Monday, 15 October 12
IT'S STRICTLY COME CHARTERING - CLARKSON RESEARCH SERVICES
The charter market is a bit of a dance between ship owner and charterer: one leader, one follower; one step, two steps, turn... The dance is symbiot ...
Sunday, 14 October 12
SUB-BIT INDONESIA COAL AND CFR SOUTH CHINA COAL SWAPS: SOFT
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery lost 0.329 percent w- w but gained 0.248 percent d-d on Friday, 12 Oct ...
Sunday, 14 October 12
SUPRAMAX FREIGHT STEADY: PANAMAX FREIGHTS FIRM - VISTAAR
COALspot.com - The shipping market saw some hectic activity in the Cape and panamax sector and quite a lot of fixtures reported.
The BDI was up b ...
Friday, 12 October 12
HOW REAL IS THE THREAT OF PIRACY? - BIMCO
The threat of modern piracy remains serious, regardless of its seasonal variations and the fact that it is chiefly confined to the Indian Ocean, Gul ...
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- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
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