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Friday, 24 June 11
BERAU EYEING 70 PERCENT GROWTH IN EBITDA
Indonesia's coal producer PT Berau Coal Energy Tbk (BRAU) is eyeing a 60 -70 percent growth in EBITDA to US$ 560 million-US$595 million this year. The target is in line with production target of 20.3 million tons, a 17.34 percent increase from 17.38 million tons, as reported by Insider Stories.
President Director Rosan P. Roeslani said the EBITDA will be underpinned by higher coal's average selling price (ASP) as well.
The ASP this year is estimated to increase 21.31 percent to US$ 74 per ton from US$ 61 per ton last year. "Sales may up 30 percent from last year, driving higher EBITDA of 60 -70 percent."
Insider Strories further reported that, Indonesia's fifth largest coal producer PT Berau Coal Energy Tbk (BRAU) is providing US$126 million to optimize coal output to 20.3 million tons.
President Director Rosan P. Roeslani said by 2014, the company requires US$ 350 million to expand business. Berau is relying on internally generated cash flow and retained earning. "For 2011, we will spend US$ 126 million. So far, we will use internally cash flow and retained earning," he said.
By end of 2014, Berau is scouting to boost coal output to 30 million tons or to lift 3 million tons per annum. In 2010, Berau produced 17.38 million tons, while coal sales was 17.38 million tons from 17.07 million tons.
Berau was agreed by its shareholders to distribute Rp123.9 billion (approx. US$ 14,403,305.47) dividend or Rp 3.55 per share. The dividend payout ratio is 20 percent of Berau's net profit.
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Monday, 22 August 11
NTPC TO IMPORT 16 MILLION TON OF COAL TO BRIDGE THE GAP
COALspot.com - NTPC to import 16 million tons of imported coal, which is equivalent to 23-24 million tons of Indian coal to bridge the gap.
" ...
Monday, 22 August 11
MACRO ECONOMICS - PETER SAND BIMCO / HELLENIC SHIPPING
The US is jeopardising the global recovery as job creation remains top challenge across the board.
Global economy: While growth in most emerging ...
Sunday, 21 August 11
SUPRAMAX AVAILABILITY WAS TIGHT DUE TO UPCOMING RAMADAN HOLIDAYS
COALspot.com - The financial markets have been in turmoil with all major stock exchanges down and uncertainty prevails. However the shipping market ...
Sunday, 21 August 11
TUAH TURANGGA ACQUIRES DUTA NURCAHYA
Coal miner PT Tuah Turangga Agung, a wholly owned subsidiary of PT United Tractors Tbk (UNTR) via PT Pamapersada Nusantara), has agreed to acquire 6 ...
Friday, 19 August 11
INDIAS CICTL HAS ACHIEVED ONE MILLION TONS OF DISCHARGE
COALspot.com - Chettinad International Coal Terminal (CICTL) in Ennore port, a state of the art mechanized coal terminal, which was inaugurated on 28t ...
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- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Australian Coal Association
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
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