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Wednesday, 11 August 10
BANPU SECURES TAKEOVER LOAN - BANGKOK POST
 Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, has secured loans worth US$2 billion from Thai and foreign banks to proceed with its takeover of Sydney-based Centennial Coal Co, which Banpu shareholders approved yesterday.
Chief executive Chanin Vongkusolkit said the company expected to complete its tender offer for the remaining 80.1% of Centennial by the end of September or early October at the cost of A$2.017 billion or 55.29 billion baht.
Banpu earlier acquired 19.9% of Centennial for A$380 million. On July 5, Banpu announced it would buy all of the ordinarily shares of the Australian company that it does not already control at the price of A$6.2 per share.
Mr Chanin said yesterday that the takeover would be completed after Australia's general election on Aug 21, adding that he expected the new Australian government would welcome the deal.
The company expected to book revenue contributions from Centennial in the fourth quarter of this year, he added.
Centennial, with 10 mines, has marketable coal reserves of 386 million tonnes as of June 30 this year. Banpu, which operates coal mines in Indonesia and China, has reserves of 318 million tonnes.
Shareholders yesterday also approved the management's plan to issue additional debentures worth up to 20 billion baht with maturities of up to 15 years.
Mr Chanin said Banpu would issue some debentures later this year in multiple tranches to either refinance debts or fund its acquisition of Centennial.
Banpu was confident that 2010 revenue would beat forecasts despite lower production at the Daning mine in Shanxi province due to a licence renewal delay.
The company on Monday revised down forecast production of the Chinese underground mine by 10%, resulting in expected lower net profit of $10 million. It has annual capacity of 4 million tonnes.
Mr Chanin also said the company's Jorong mine in Indonesia would resume operations in late September after being halted since February by the government because of forest encroachment. Authorities have been working with miners to clarify new operating rules.
"Indonesian coal mines are our major revenue contributor. The [total] coal sales target has been maintained at 23 million tonnes this year," he added.
CIMB-GK Securities (Thailand) has downgraded Banpu's 2010 net profit forecast by 1.4% to 14.6 billion baht following the revision of the Daning figures.
BANPU shares closed yesterday on the SET at 620 baht, down 10 baht, in trade worth 793.3 million baht.
Source: Bangkok Post
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Monday, 17 November 14
SKULD ISSUES URGENT NOTICE ON BANKRUPTCY OF OW BUNKER A/S
Further to the Association’s advices of 7 November 2014, more information has come to light with respect to the potential impact and scale of ...
Monday, 17 November 14
INDONESIAN COAL PRICE REFERENCE CONTINUES FREE FALL; SLUMPS TO 69-MONTH LOW
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price once again in November. HBA for t ...
Monday, 17 November 14
API 5 FOB NEWCASTLE COAL SWAP FOR Q1' 15 DELIVERY CLOSED AT $ 52.75
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery has decreased US$ 1.77 (-3.25%) month over month and US$ 0.02 (-0.04%) day ...
Monday, 17 November 14
SOUTH CHINA COAL SWAP SLIGHTLY INCREASED WEEK OVER WEEK
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased US$ 1.73 (-2.67%) month over month and US$ 0.10 (-0.16%) da ...
Sunday, 16 November 14
THE BDI LOST 12.59% WEEK ON WEEK; THE BCI LOST 19.95%
COALspot.com: The BDI fell 12.59 percent to 1256 point week on week on Friday 14 November. All the segments were also most down this week. The cape ...
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- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Australian Coal Association
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- VISA Power Limited - India
- White Energy Company Limited
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- The University of Queensland
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
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