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Thursday, 14 July 11
UNITED TRACTORS BUYS DUTA SEJAHTERA - INSIDER STORIES
Insider Stories reported that, PT United Tractors Tbk (UNTR), via a wholly-owned subsidiary PT Tuah Turangga Agung, will acquire PT Duta Sejahtera and PT Duta Nurcahya, highly calorie coal mining companies, in North Barito, Central Kalimantan.
Tuah Turangga has entered a conditional sale and purchase agreement on July 8 2011. Tuah Turangga has agreed to buy 60% shareholding in Duta Sejahtera, as quoted by Insider Stories.
"Referring to the agreement, the company has options to obtain 60% stake in Duta Nurcahya from the same seller," Corporate Secretary Sara K. Loebis at United Tractors, said as quoted by Investor Daily today.
According to her, the closing of the take over depends on the accomplishment of the conditions mentioned at the agreement. Sara said coal concession of both companies are still green field. Total coal resources of Duta Sejahtera and Duta Nurcahya are estimated 25 million tons-100 million tons with 6,000-6,300 calorie.
"The mining is expected to commercially production in 2013 with 500,000 tons output."
Source: Insider Stories
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Tuesday, 12 July 11
DRY BULK MARKET BEGINS WEEK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was evident by the end of the previous week, the dry bulk market’s growth momentum was about to lose steam, something proven yesterday, whe ...
Monday, 11 July 11
REFLECTIONS ON THE FLEET REACHING ONE BILLION TONNES - CLARKSONS / HELLENIC SHIPPING
“A billion gross tonnes of shipping” has a nice ring to it. It presents the industry as a business of substance, with its 85,000 ships w ...
Sunday, 10 July 11
UNTR PROVIDES US$100 MIO TO TTA - INSIDER STORIES
PT United Tractors Tbk (UNTR) agreed to allocate US$100 million to its coal subsidiary dubbed PT Tuah Turangga Agung (TTA).The US$100 million was pa ...
Sunday, 10 July 11
HARDLY ANY CARGO FROM WC INDIA UNTIL END OF MONSOONS - VISTAAR
COALspot.com - The BDI continued to hold last week and firmed up by 27 points with cape and panama index supporting the BDI.
The BDI closed at 1, ...
Sunday, 10 July 11
PTBA INCREASES SHARES IN COAL TRAIN PROJECT - TEMPO INTERACTIVE
TEMPO Interactive reported that, PT Tambang Batubara Bukit Asam (PTBA) is still studying the plan to buy 20 percent of shares in the PT Bukit Asam T ...
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- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Planning Commission, India
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
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