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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 $10 million. It has annual capacity of 4 million tonnes.
Mr Chanin also said the company's Jorong mine in Indonesia would resume operations in late September after being halted since February by the government because of forest encroachment. Authorities have been working with miners to clarify new operating rules.
"Indonesian coal mines are our major revenue contributor. The [total] coal sales target has been maintained at 23 million tonnes this year," he added.
CIMB-GK Securities (Thailand) has downgraded Banpu's 2010 net profit forecast by 1.4% to 14.6 billion baht following the revision of the Daning figures.
BANPU shares closed yesterday on the SET at 620 baht, down 10 baht, in trade worth 793.3 million baht.
Source: Bangkok Post
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Tuesday, 26 August 14
GOVT ON TRACK TO LIMIT COAL OUTPUT - THE JAKARTA POST
The government has announced that it will proceed with plans to cap the production of coal next year, a move aimed not only at protecting the envir ...
Monday, 25 August 14
4TH ANNUAL FLOATING TERMINALS
4th Annual Floating Terminals
18-20 Nov 2014
Intercontinental Jakarta Midplaza,
Indonesia
Web Site
The Floating Terminal c ...
Monday, 25 August 14
THE BALTIC DRY IS JUMPING, BUT DON'T DRAW ANY BROAD CONCLUSIONS - NASDAQ
Those who consistently preach doom and gloom and see an economic apocalypse around every corner would make me laugh if it weren’t for the fac ...
Monday, 25 August 14
COAL CEOS: DEMISE OF COAL 'EXAGGERATED' - MARK WILCOX
By Mark Wilcox
Heads of some of the largest coal companies in Wyoming are saying the demise of coal has been exaggerated, though the industry def ...
Monday, 25 August 14
INDO COAL SWAPS W-O-W: NEGATIVE; M-O-M: POSITIVE
COALspot.com: Indonesian coal swaps for average September 2014 decreased US$ 0.15 (-0.28%) day on day and US$ 0.65 (-1.19%) per mt week on week. Th ...
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Showing 3526 to 3530 news of total 6871 |
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- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Planning Commission, India
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
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