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Friday, 26 August 11
INTRACO EYES US$200 MIO COAL TAKEOVER - INSIDER STORIES
Heavy equipment distributor PT Intraco Penta Tbk, that was founded by Halex Halim, is scouting a coal acquisition with the valuation above US$200 million, as reported by Insider Stories.
Intraco Penta President Director Petrus Halim said the target coal company may have valuation higher than Intraco's market capitalization which is now about US$200 million.
"We estimate the target company has valuation more than Intraco's market cap," he said as quoted by Bisnis Indonesia today, said Insider.
According to him, at the end of this year, Intraco Penta expects to complete the take over, enabling the company to penetrate coal miner business.
"We are prudent on this take over as the size is higher than Intraco Penta. Many companies are suffering loses in the coal mining business but they don't reveal it," said Petrus.
Intraco Penta was founded in 1970 and listed at Indonesia Stock Exchange in 1993. Intraco Penta has several subsidiaries such as PT Intan Baruprana Finance, PT Clumbia Chrome Indonesia, PT Terrafactor Indonesia, and PT Karya Lestari Sumberalam. Intraco is distributor for heavy equipment brands such as Volvo, Bobcat, Mahindra Tractors, and Sinotruk.
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Friday, 23 September 11
ICMA TO BUILD UPGRADE FACILITIES TO ANTICIPATE BAN ON LOW-GRADE COAL EXPORT BY 2014
COALspot.com - January to August of this year, Indonesia’s coal production had already reached 235 million tons. Earlier estimates had targete ...
Friday, 23 September 11
UT TO PRODUCE 7 MMT OF COAL BY 2012
PT United Tractors Tbk is targeting a 7 million tons of coal production next year, a 55.55% increase from 4.5 millions targeted this year, said Pres ...
Friday, 23 September 11
RECORD RECYCLING ACTIVITY STIRS OPTIMISM IN DRY BULK SAYS BIMCOS ANALYSIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected at the start of the year, dry bulk ship owners were expected to flock scrapyards around the world, in order to take advantage of attract ...
Friday, 23 September 11
PANAMAX EXPERIENCED A SOFTENING IN RATES - FEARNLEYS AS
Handy
Still a good boost of fresh cargoes entering the market. Vessels in Black Sea with GOA clearance and Baltic positions are fetching tick abov ...
Wednesday, 21 September 11
INDIA'S COAL IMPORTS FROM INDONESIA FALL, CHINA BUYS MORE
COALspot.com - Indian coal imports from Indonesia fall to below 6 million tons in August, and this fall was continuing last few months. Ho ...
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- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
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