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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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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 ...
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- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
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