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Tuesday, 06 September 11
SEMEN GRESIK TO ACQUIRE COAL MINE FOR RP. 1 TRILLION
COALspot.com - PT Semen Gresik Tbk (SMGR) is planning to acquire a low calorific value coal concession (IUP). According to Semen Gresik, the coal mine acquisition will help them to reduce the cost of cement production as fuel cost is contributing about 30% of the total cement production, as reported by inila.com.
The Company is engaging in cement industry. Officially inaugurated on August 7, 1957 by the first President of the Republic of Indonesia with installed capacity of 250,000 tons cement per year. The company's domination in the domestik market share to a 44.4% current level.
The Company plans to acquire the IUP which is under production status with an investment of Rp1 trillion (approximately US$ 116.78 million). PT Semen Gresik will also start to operate of two factories in 2012, and the company's coal consumption is expected to rise 2 million tons to 5 million tons by 2012., Inila said.
Samuel Securities sees the SMGR's expansion move vertically to secure the supply of fuel, and our outlook is positive as the acquisition of coal concession will increase cost-efficiency the SMGR.
"But we are still awaiting details of acquisitions to see how much added value from these acquisitions," said Samuel Securities, according to Inila.
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Friday, 28 October 11
RISING COAL PRICES TO WORSEN CHINA'S WINTER POWER CRUNCH - CRI ENGLISH
CRI English reported that, the rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said.
The ...
Thursday, 27 October 11
CAPESIZE REACHING NEW HIGHS - FEARNLEYS
Handy
Pacific market has mixed sentiments with tonnages fixed at firm levels and some tonnages in feast failing on subs.For indo-india, large eco ...
Thursday, 27 October 11
DRY BULK MARKET EDGES DOWN AS CHINAS IRON ORE DEMAND LOSES GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A plunge in Chinese iron ore demand, as a result of high steel inventories and a bleak outlook regarding steel prices, has prompted the dry bulk mar ...
Thursday, 27 October 11
BUKIT ASAM 3Q PROFIT SURGES 66.91%
Insider Stories reported that, the state-controlled coal miner PT Bukit Asam Tbk (PTBA) experienced a 66.91% increase in its net profit during a per ...
Wednesday, 26 October 11
MOODYS SEES MORE GROWTH FOR INDONESIAN COAL MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal mining industry looks set to grow despite an uncertain global economic outlook, according to ...
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- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- The University of Queensland
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
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