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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, 20 November 11
THE FREIGHT MARKETS EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
COALspot.com - The market continued to move up with all sectors gaining except for handy size.
The BDI was up by 3.26 pct and closed at 1895 poin ...
Friday, 18 November 11
MMTC SEEKS 1.365 MMT OF IMPORTED COAL
COALspot.com - India's MMTC, the largest trading company of India and a major trading company of Asia, has issued a term supply tender for 1.365Mt ...
Friday, 18 November 11
KPC, ARUTMIN OUTPUT REACHED 47.1 MIO TONS - INSIDER STORIES
PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia, reported 47.1 million tons of coal production in 9M 2011, according to Indiser Stories.
Insi ...
Friday, 18 November 11
THE ATLANTIC SUPRAMAX MARKET EXPERIENCED A STEADY AND FIRM TENDENCY
Handy
The Atlantic Supramax market experienced a steady and firm tendency this week. Especially the North Atlantic and Mediterranean position ...
Friday, 18 November 11
BERAU COAL 9M PROFIT SOARS 194.46% - INSIDER STORIES
Insider Stories reported that, PT Berau Coal Energy Tbk (BRAU), which is 84.7% owned by Bumi Plc, reported a 194.46% jump in net profit by end of Se ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Australian Coal Association
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
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