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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, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks.
The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...
Saturday, 16 June 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA COAL CONTRACT SWAPS ARE UNDER PRESSURE
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries seems to be under pressure this week.&nbs ...
Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy
Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and S ...
Thursday, 14 June 12
SMALLER DRY BULK CARRIERS LIKELY TO FACE MORE CHALLENGES; DEMOLITION ACTIVITY SET FOR RECORD YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest update on the dry bulk markets, BIMCO said that China is partly “failing to deliver” on raw material imports that can affe ...
Wednesday, 13 June 12
LOW COAL PRICES COULD CHANGE SUPPLY SIDE DYNAMICS - FITCH RATINGS
Fitch Ratings believes that the weakness seen in thermal coal prices in recent months should reverse once demand from major importers recovers, alth ...
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- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- PTC India Limited - India
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
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