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Tuesday, 26 July 11
UT'S SALES COULD REACH TO 8000 UNITS BY THE END OF 2011
COALspot.com - Sales of Komatsu heavy equipment in the domestic market in the first half of 2011 rose 59 percent to 4333 units compared to the same period last year. Komatsu has sold as many as 2732 units for the same period in 2010. The mining sector became the largest contributor, which accounts for as many as 2949 units or 68 percent of the total sales of Komatsu.
"The increase in sales driven by national coal industry," said Ari Setiyawan, investor relations officer of United Tractors in Jakarta,
Ari added that, the surge in crude palm oil prices as well as coal prices in the world market, the coal producers have brought equipment to boost production. This trend is expected to continue until the end of this year, and price of CPO and coal still high compared to last year prices.
President Director of UT Pranoto Djoko said, Komatsu is still maintaining as the market leader of the equipment supplier in Indonesia. In fact, our market share has increased to 51 percent in the first quarter of 2011 from the 46 percent during the last quarter of 2010.
According to him, the national heavy equipment market has jumped 45 percent in the first quarter of 2011 to 8500 units.
"The demand for heavy equipments in mining, plantations, and construction sectors have increased sharply," said Djoko.
UT's sales could reach to 8000 units by the end of 2011. Meantime, the total heavy equipment market in Indonesia could reach to 16 thousand units. "We are targeting 50 percent of market share of Indonesian heavy equipment supplies," said Pranoto Djoko.
To contact the reporter on this story: Efendi at efendi@coalspot.com
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Wednesday, 20 July 11
ANTWERP RECEIVES THE CAPESIZE MG COURAGE
The deepening of the Western Scheldt has made the port of Antwerp easily accessible not only to Ultra Large Container Ships of over 10,000 TEU but a ...
Wednesday, 20 July 11
KALIMANTAN GOLD APPOINTS COMMISSIONER TO SUBSIDIARY
Kalimantan Gold Corporation Limited has announced the appointment of Dr. Bambang Setiawan as Commissioner (a senior advisor) to the Board of PT Kali ...
Wednesday, 20 July 11
CHALLENGER GETS TABANG PROJECT IUP PERMIT
COALspot.com - Challenger Deep Resources Corporation has been getting exploration permit or Izin Usaha Pertambangan (IUP) for its Tabang coal in Eas ...
Wednesday, 20 July 11
TCM COAL PROJECT IN SOUTH KALIMANTAN MOVES TO FINAL FEASIBILITY STUDY
COALspot.com - Pan Asia Corporation Ltd has executed a formal agreement with an underground mining group KOPEX to undertake a final feasibilit ...
Wednesday, 20 July 11
DRY BULK MARKET KEEPS ON FALLING ON SOFTENING CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated to lower ground on Tuesday, as the industry’s benchmark, the BDI (Baltic Dry Index) fell to 1,330 points, down b ...
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- Ministry of Mines - Canada
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- Indian Oil Corporation Limited
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- Eastern Energy - Thailand
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- Economic Council, Georgia
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- Ceylon Electricity Board - Sri Lanka
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- Bhushan Steel Limited - India
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- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
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- New Zealand Coal & Carbon
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- Australian Coal Association
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- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
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- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
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- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
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- Ind-Barath Power Infra Limited - India
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- Eastern Coal Council - USA
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- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
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