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Wednesday, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an official at the firm said on Tuesday.
"We still believe in double-digit growth for both," said operating director Ah Hoo Chia, when asked about the outlook for revenue and net profit for 2009.
Adaro, which has a market capitalisation of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and Indonesian state electricity firm Perusahaan Listrik Negara (PLN). Exports account for 70-72 percent of its sales.
The firm expects to produce 42-45 million tonnes of coal this year, up from 38.5 million tonnes in 2008, and aims to increase production to 80 million tonnes per year in the next five years.
San Miguel Corp of the Philippines is in talks to buy a stake worth about $500 million in Adaro, which Goldman Sachs , Citigroup and hedge fund Farallon plan to sell.
The firm reported a ten-fold increase in net profit last year to 887.2 billion rupiah ($85.63 million) while revenue rose 56 percent to 18.09 trillion rupiah despite a global economic downturn that has led to a sharp drop in commodity prices.
It also turned to a first-quarter net profit of 1.145 trillion rupiah this year from a 12 billion rupiah loss a year earlier, thanks to higher average achieved selling prices of Envirocoal.
Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK46414020090512
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Tuesday, 21 July 09
NEWCASTLE COAL EXPORTS FALL 5%, SHIP QUEUE INCREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 5 per ...
Tuesday, 21 July 09
FIRST QUARTER COAL MARKET AND EURACOAL'S OUTLOOK FOR THE FUTURE
Euracoal reports that for the first time in many years, the world market for hard coal fell by some 8 % during the first quarter 2009. This latest E ...
Monday, 20 July 09
CHINAS COAL DEMAND, OUTPUT TO PICK UP IN H2 - GROUP 2
Financial24 reported that, China's coal demand is expected to gradually pick up in the second half of the year, and coal output will likely grow fa ...
Monday, 20 July 09
ADANI POWER LAUNCHES IPO, AIMS HIGHER CAPACITY
Economic Times reported that, Adani Power Ltd, a power project development company, promoted by Adani Enterprise went for an initial public offering ...
Monday, 20 July 09
BANPU'S SECOND-HALF PROFIT MAY DROP ON COAL PRICES
Bloomberg Reported that, Banpu Pcl, Thailand’s biggest coal producer, expects profit to decline in the second half from the first six months a ...
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- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- The University of Queensland
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Bhatia International Limited - India
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
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