COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 16 May 09
FREIGHT MARKET HAS BEEN EXTREMELY BUOYANT - VISTAAR SINGAPORE
COALspot.com (Singapore): The week saw the BDI rally continuing and the market freight market has been extremely buoyant, VISTAAR Shipping Pte Limit ...


Friday, 15 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
ENERGY and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...


Thursday, 14 May 09
INDONESIA 2009 COAL OUTPUT REVISED DOWN - REUTERS
* Indonesia coal output seen at 240 million tonnes in 2009 * Coal exports down 11.2 pct to 44.79 mln tonnes in Q1 2009 * Production down 1.4 pct t ...


Thursday, 14 May 09
PAKISTAN WILL IMPORT 3.2 MILLION TON OF COAL IN 2009 - SEATRADE
COALspot.com (Pakistan) - SEATRADE Group of pakistan a single largest imported coal supplier in Pakistan, forecasting Pakistan steam coal imports wi ...


Wednesday, 13 May 09
ADARO, ITM EXPECT COAL GROWTH IN 2009
Adaro, which has a market capitalization of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and ...


   1349 1350 1351 1352 1353   
Showing 6751 to 6755 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Siam City Cement - Thailand
  • Ministry of Transport, Egypt
  • Xindia Steels Limited - India
  • Merrill Lynch Commodities Europe
  • Infraline Energy - India
  • European Bulk Services B.V. - Netherlands
  • Cigading International Bulk Terminal - Indonesia
  • Thailand Anthracite
  • The Treasury - Australian Government
  • Antam Resourcindo - Indonesia
  • Grasim Industreis Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Coastal Gujarat Power Limited - India
  • Bukit Makmur.PT - Indonesia
  • Minerals Council of Australia
  • McKinsey & Co - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Parliament of New Zealand
  • Interocean Group of Companies - India
  • Tanito Harum - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • CNBM International Corporation - China
  • VISA Power Limited - India
  • Berau Coal - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Alfred C Toepfer International GmbH - Germany
  • Kideco Jaya Agung - Indonesia
  • Posco Energy - South Korea
  • Attock Cement Pakistan Limited
  • Rudhra Energy - India
  • Altura Mining Limited, Indonesia
  • Salva Resources Pvt Ltd - India
  • GN Power Mariveles Coal Plant, Philippines
  • Toyota Tsusho Corporation, Japan
  • Core Mineral Indonesia
  • Australian Commodity Traders Exchange
  • Kumho Petrochemical, South Korea
  • Bhatia International Limited - India
  • Ministry of Finance - Indonesia
  • South Luzon Thermal Energy Corporation
  • Directorate Of Revenue Intelligence - India
  • Clarksons - UK
  • The University of Queensland
  • EMO - The Netherlands
  • Cemex - Philippines
  • Aboitiz Power Corporation - Philippines
  • Petrosea - Indonesia
  • Tata Chemicals Ltd - India
  • Indonesian Coal Mining Association
  • Bhoruka Overseas - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Ambuja Cements Ltd - India
  • Standard Chartered Bank - UAE
  • Cebu Energy, Philippines
  • Mintek Dendrill Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Russian Coal LLC
  • Gresik Semen - Indonesia
  • Dalmia Cement Bharat India
  • Barclays Capital - USA
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • SRK Consulting
  • Lafarge - France
  • Inspectorate - India
  • Gujarat Electricity Regulatory Commission - India
  • SMC Global Power, Philippines
  • Straits Asia Resources Limited - Singapore
  • Georgia Ports Authority, United States
  • Billiton Holdings Pty Ltd - Australia
  • Borneo Indobara - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Jatenergy - Australia
  • Goldman Sachs - Singapore
  • Moodys - Singapore
  • Formosa Plastics Group - Taiwan
  • Globalindo Alam Lestari - Indonesia
  • Anglo American - United Kingdom
  • Semirara Mining and Power Corporation, Philippines
  • Metalloyd Limited - United Kingdom
  • Sindya Power Generating Company Private Ltd
  • KOWEPO - South Korea
  • IBC Asia (S) Pte Ltd
  • Simpson Spence & Young - Indonesia
  • BNP Paribas - Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • Price Waterhouse Coopers - Russia
  • Arch Coal - USA
  • PTC India Limited - India
  • Savvy Resources Ltd - HongKong
  • Thriveni
  • Meralco Power Generation, Philippines
  • Mitra SK Pvt Ltd - India
  • Arutmin Indonesia
  • CCIC - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Deloitte Consulting - India
  • UOB Asia (HK) Ltd
  • Petron Corporation, Philippines
  • SASOL - South Africa
  • Maybank - Singapore
  • Singapore Mercantile Exchange
  • PLN - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • World Coal - UK
  • Cardiff University - UK
  • BRS Brokers - Singapore
  • Eastern Energy - Thailand
  • Mjunction Services Limited - India
  • Bhushan Steel Limited - India
  • Maersk Broker
  • Geoservices-GeoAssay Lab
  • TNB Fuel Sdn Bhd - Malaysia
  • Oldendorff Carriers - Singapore
  • Adaro Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Britmindo - Indonesia
  • Meenaskhi Energy Private Limited - India
  • U S Energy Resources
  • Petrochimia International Co. Ltd.- Taiwan
  • The India Cements Ltd
  • Essar Steel Hazira Ltd - India
  • TNPL - India
  • Electricity Authority, New Zealand
  • Kalimantan Lumbung Energi - Indonesia
  • bp singapore
  • Credit Suisse - India
  • Orica Australia Pty. Ltd.
  • Kapuas Tunggal Persada - Indonesia
  • Fearnleys - India
  • Karaikal Port Pvt Ltd - India
  • globalCOAL - UK
  • Xstrata Coal
  • White Energy Company Limited
  • Cosco
  • Shree Cement - India
  • Global Green Power PLC Corporation, Philippines
  • Central Java Power - Indonesia
  • Heidelberg Cement - Germany
  • Maheswari Brothers Coal Limited - India
  • ACC Limited - India
  • ING Bank NV - Singapore
  • Sojitz Corporation - Japan
  • Romanian Commodities Exchange
  • JPower - Japan
  • Intertek Mineral Services - Indonesia
  • Sucofindo - Indonesia
  • Trasteel International SA, Italy
  • HSBC - Hong Kong
  • Madhucon Powers Ltd - India
  • LBH Netherlands Bv - Netherlands
  • Central Electricity Authority - India
  • Africa Commodities Group - South Africa
  • Gupta Coal India Ltd
  • Samsung - South Korea
  • Indian Energy Exchange, India
  • Argus Media - Singapore
  • Indika Energy - Indonesia
  • Coaltrans Conferences
  • WorleyParsons
  • SUEK AG - Indonesia
  • Wilmar Investment Holdings
  • Shenhua Group - China
  • Bharathi Cement Corporation - India
  • Enel Italy
  • OCBC - Singapore
  • Indian School of Mines
  • Lanco Infratech Ltd - India
  • Japan Coal Energy Center
  • International Coal Ventures Pvt Ltd - India
  • Tamil Nadu electricity Board
  • PetroVietnam Power Coal Import and Supply Company
  • Asia Cement - Taiwan
  • Indo Tambangraya Megah - Indonesia
  • TeaM Sual Corporation - Philippines
  • Kaltim Prima Coal - Indonesia
  • Glencore India Pvt. Ltd
  • Aditya Birla Group - India
  • Humpuss - Indonesia
  • RBS Sempra - UK
  • Edison Trading Spa - Italy
  • Vizag Seaport Private Limited - India
  • Maharashtra Electricity Regulatory Commission - India
  • San Jose City I Power Corp, Philippines
  • NALCO India
  • PLN Batubara - Indonesia
  • Thiess Contractors Indonesia
  • Ministry of Mines - Canada
  • Reliance Power - India
  • Carbofer General Trading SA - India
  • Star Paper Mills Limited - India
  • Vitol - Bahrain
  • KPMG - USA
  • Pendopo Energi Batubara - Indonesia
  • Coal Orbis AG
  • Therma Luzon, Inc, Philippines
  • DBS Bank - Singapore
  • Mitsui
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • EIA - United States
  • Global Coal Blending Company Limited - Australia
  • AsiaOL BioFuels Corp., Philippines
  • PNOC Exploration Corporation - Philippines
  • Ernst & Young Pvt. Ltd.
  • Idemitsu - Japan
  • MEC Coal - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Coeclerici Indonesia
  • ETA - Dubai
  • CESC Limited - India
  • Mercuria Energy - Indonesia
  • The State Trading Corporation of India Ltd
  • Merrill Lynch Bank
  • Rio Tinto Coal - Australia
  • APGENCO India
  • Gujarat Mineral Development Corp Ltd - India
  • Pinang Coal Indonesia
  • Bank of China, Malaysia
  • Iligan Light & Power Inc, Philippines
  • Economic Council, Georgia
  • PetroVietnam
  • Videocon Industries ltd - India
  • GB Group - China
  • IOL Indonesia
  • Platts
  • Riau Bara Harum - Indonesia
  • India Bulls Power Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • SMG Consultants - Indonesia
  • GVK Power & Infra Limited - India
  • Asian Development Bank
  • Mercator Lines Limited - India
  • TANGEDCO India
  • Vale Mozambique
  • Jaiprakash Power Ventures ltd
  • SGS (Thailand) Limited
  • Independent Power Producers Association of India
  • Energy Development Corp, Philippines
  • ICICI Bank Limited - India
  • Manunggal Multi Energi - Indonesia
  • ANZ Bank - Australia
  • Sree Jayajothi Cements Limited - India
  • UBS Singapore
  • Energy Link Ltd, New Zealand
  • Vedanta Resources Plc - India
  • Platou - Singapore
  • Thermax Limited - India
  • Runge Indonesia
  • McConnell Dowell - Australia
  • Siam City Cement PLC, Thailand
  • Coalindo Energy - Indonesia
  • Indian Oil Corporation Limited
  • Eastern Coal Council - USA
  • Orica Mining Services - Indonesia
  • Agrawal Coal Company - India
  • Rashtriya Ispat Nigam Limited - India
  • Parry Sugars Refinery, India
  • Baramulti Group, Indonesia
  • IEA Clean Coal Centre - UK
  • Ince & co LLP
  • Indonesia Power. PT
  • Deutsche Bank - India
  • Latin American Coal - Colombia
  • Mechel - Russia
  • Adani Power Ltd - India
  • Coal India Limited
  • Total Coal South Africa
  • New Zealand Coal & Carbon
  • Wood Mackenzie - Singapore
  • Cargill India Pvt Ltd
  • London Commodity Brokers - England
  • Malabar Cements Ltd - India
  • Jindal Steel & Power Ltd - India
  • Bukit Baiduri Energy - Indonesia
  • IMC Shipping - Singapore
  • Chettinad Cement Corporation Ltd - India
  • Mitsubishi Corporation
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • Larsen & Toubro Limited - India
  • Commonwealth Bank - Australia
  • Timah Investasi Mineral - Indoneisa
  • Semirara Mining Corp, Philippines
  • Electricity Generating Authority of Thailand
  • Asmin Koalindo Tuhup - Indonesia
  • Malco - India
  • Panama Canal Authority
  • JPMorgan - India
  • World Bank
  • Inco-Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Leighton Contractors Pty Ltd - Australia
  • Barasentosa Lestari - Indonesia
  • Thomson Reuters GRC
  • Global Business Power Corporation, Philippines
  • TGV SRAAC LIMITED, India
  • Planning Commission, India
  • Renaissance Capital - South Africa
  • GHCL Limited - India
  • CIMB Investment Bank - Malaysia
  • Noble Europe Ltd - UK
  • Pipit Mutiara Jaya. PT, Indonesia
  • PowerSource Philippines DevCo
  • Binh Thuan Hamico - Vietnam
  • Gujarat Sidhee Cement - India
  • KPCL - India
  • ASAPP Information Group - India
  • Marubeni Corporation - India
  • Sical Logistics Limited - India
  • Sakthi Sugars Limited - India
  • Surastha Cement
  • Kartika Selabumi Mining - Indonesia
  • Cement Manufacturers Association - India
  • Indogreen Group - Indonesia
  • Permata Bank - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • J M Baxi & Co - India
  • Holcim Trading Pte Ltd - Singapore
  • Kobexindo Tractors - Indoneisa
  • Australian Coal Association
  • Medco Energi Mining Internasional
  • Ind-Barath Power Infra Limited - India
  • Bank of America
  • Freeport Indonesia
  • Kobe Steel Ltd - Japan
  • Banpu Public Company Limited - Thailand
  • Uttam Galva Steels Limited - India
  • Bangladesh Power Developement Board
  • Directorate General of MIneral and Coal - Indonesia
  • Samtan Co., Ltd - South Korea
  • Sinarmas Energy and Mining - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Maruti Cements - India
  • GMR Energy Limited - India
  • Tata Power - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • MS Steel International - UAE
  • Bangkok Bank PCL
  • Vijayanagar Sugar Pvt Ltd - India
  • Bulk Trading Sa - Switzerland
  • Thai Mozambique Logistica
  • Power Finance Corporation Ltd., India
  • Indorama - Singapore
  • TRAFIGURA, South Korea
  • Coal and Oil Company - UAE
  • Makarim & Taira - Indonesia
  • Qatrana Cement - Jordan
  • Peabody Energy - USA
  • Port Waratah Coal Services - Australia
  • CoalTek, United States
  • Chamber of Mines of South Africa
  • NTPC Limited - India
  • GNFC Limited - India
  • KEPCO - South Korea