COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 10 September 11
THE FREIGHT MARKET LIKELY TO BE FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - The freight market continued the upward trend during last week with BDI crossing 1,800 points and closing at 1,838 points up by 5.63 ...


Friday, 09 September 11
SUPRA BARA SECURES $20 MILLION LOAN - JP
The Jakarta Post reported that, Coal miner PT Supra Bara Energi says it has secured a US$20 million loan facility from BNP Paribas to buy heavy equi ...


Friday, 09 September 11
CAPESIZE CAN SECURE USD 17-18K SHORT PERIOD - FEARNBULK
Handy The US Gulf has remained relatively steady, slightly more activity in the South Atlantic with owners aiming for low to mid USD 20k´s f ...


Thursday, 08 September 11
UKRAINES COAL PRODUCTION TO RISE 8% - IFANDP
Industrial fuels & power reported that, Ukraine will increase its coal output by about 8% this year compared to last year, said the country&rsqu ...


Thursday, 08 September 11
DRY BULK MARKETS RALLY COMES TO AN END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected by analysts and shipbrokers alike, the latest rally of the dry bulk market came to a halt yesterday, with the Baltic Dry Inde ...


   1017 1018 1019 1020 1021   
Showing 5091 to 5095 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • BRS Brokers - Singapore
  • Central Java Power - Indonesia
  • Carbofer General Trading SA - India
  • Rio Tinto Coal - Australia
  • HSBC - Hong Kong
  • Straits Asia Resources Limited - Singapore
  • Xindia Steels Limited - India
  • Meenaskhi Energy Private Limited - India
  • Orica Australia Pty. Ltd.
  • Clarksons - UK
  • JPMorgan - India
  • Edison Trading Spa - Italy
  • Star Paper Mills Limited - India
  • Surastha Cement
  • PLN - Indonesia
  • Sakthi Sugars Limited - India
  • Australian Commodity Traders Exchange
  • Ministry of Finance - Indonesia
  • McKinsey & Co - India
  • Global Green Power PLC Corporation, Philippines
  • Baramulti Group, Indonesia
  • CESC Limited - India
  • TNPL - India
  • Pendopo Energi Batubara - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • BNP Paribas - Singapore
  • IBC Asia (S) Pte Ltd
  • San Jose City I Power Corp, Philippines
  • Vedanta Resources Plc - India
  • LBH Netherlands Bv - Netherlands
  • Singapore Mercantile Exchange
  • Binh Thuan Hamico - Vietnam
  • Jorong Barutama Greston.PT - Indonesia
  • Sical Logistics Limited - India
  • Arch Coal - USA
  • Ambuja Cements Ltd - India
  • Cosco
  • Indian Oil Corporation Limited
  • Global Business Power Corporation, Philippines
  • Total Coal South Africa
  • Videocon Industries ltd - India
  • Sindya Power Generating Company Private Ltd
  • Bank of America
  • Kumho Petrochemical, South Korea
  • Ministry of Transport, Egypt
  • Bhoruka Overseas - Indonesia
  • Chamber of Mines of South Africa
  • Coastal Gujarat Power Limited - India
  • Reliance Power - India
  • Cigading International Bulk Terminal - Indonesia
  • Russian Coal LLC
  • Malco - India
  • Samsung - South Korea
  • Heidelberg Cement - Germany
  • PowerSource Philippines DevCo
  • Directorate Of Revenue Intelligence - India
  • Alfred C Toepfer International GmbH - Germany
  • Global Coal Blending Company Limited - Australia
  • Oldendorff Carriers - Singapore
  • Adani Power Ltd - India
  • Economic Council, Georgia
  • OCBC - Singapore
  • Toyota Tsusho Corporation, Japan
  • Tata Chemicals Ltd - India
  • South Luzon Thermal Energy Corporation
  • Dalmia Cement Bharat India
  • Intertek Mineral Services - Indonesia
  • globalCOAL - UK
  • Energy Development Corp, Philippines
  • Bank of China, Malaysia
  • Idemitsu - Japan
  • Therma Luzon, Inc, Philippines
  • Peabody Energy - USA
  • SASOL - South Africa
  • Riau Bara Harum - Indonesia
  • IOL Indonesia
  • Moodys - Singapore
  • Siam City Cement - Thailand
  • Meralco Power Generation, Philippines
  • Petron Corporation, Philippines
  • Glencore India Pvt. Ltd
  • Bangkok Bank PCL
  • Coal and Oil Company - UAE
  • Sinarmas Energy and Mining - Indonesia
  • Indonesia Power. PT
  • WorleyParsons
  • Semirara Mining Corp, Philippines
  • Iligan Light & Power Inc, Philippines
  • NTPC Limited - India
  • APGENCO India
  • Orica Mining Services - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Inspectorate - India
  • Power Finance Corporation Ltd., India
  • The State Trading Corporation of India Ltd
  • Agrawal Coal Company - India
  • KEPCO - South Korea
  • Borneo Indobara - Indonesia
  • Minerals Council of Australia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Barclays Capital - USA
  • Siam City Cement PLC, Thailand
  • Vizag Seaport Private Limited - India
  • Independent Power Producers Association of India
  • Chettinad Cement Corporation Ltd - India
  • Larsen & Toubro Limited - India
  • Interocean Group of Companies - India
  • Port Waratah Coal Services - Australia
  • Planning Commission, India
  • Runge Indonesia
  • Mjunction Services Limited - India
  • Commonwealth Bank - Australia
  • Asmin Koalindo Tuhup - Indonesia
  • UBS Singapore
  • Freeport Indonesia
  • TANGEDCO India
  • Antam Resourcindo - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Tata Power - India
  • GAC Shipping (India) Pvt Ltd
  • OPG Power Generation Pvt Ltd - India
  • World Coal - UK
  • Maybank - Singapore
  • Mitsubishi Corporation
  • Miang Besar Coal Terminal - Indonesia
  • SMC Global Power, Philippines
  • Shree Cement - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Thai Mozambique Logistica
  • Ceylon Electricity Board - Sri Lanka
  • VISA Power Limited - India
  • Makarim & Taira - Indonesia
  • Renaissance Capital - South Africa
  • Cemex - Philippines
  • Indorama - Singapore
  • Coaltrans Conferences
  • Central Electricity Authority - India
  • Coeclerici Indonesia
  • Grasim Industreis Ltd - India
  • Gresik Semen - Indonesia
  • Cebu Energy, Philippines
  • SRK Consulting
  • Xstrata Coal
  • Australian Coal Association
  • White Energy Company Limited
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Latin American Coal - Colombia
  • European Bulk Services B.V. - Netherlands
  • Posco Energy - South Korea
  • Banpu Public Company Limited - Thailand
  • Barasentosa Lestari - Indonesia
  • Georgia Ports Authority, United States
  • Panama Canal Authority
  • Core Mineral Indonesia
  • Cardiff University - UK
  • Aditya Birla Group - India
  • Lanco Infratech Ltd - India
  • Uttam Galva Steels Limited - India
  • TeaM Sual Corporation - Philippines
  • NALCO India
  • Globalindo Alam Lestari - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • J M Baxi & Co - India
  • ACC Limited - India
  • Anglo American - United Kingdom
  • World Bank
  • McConnell Dowell - Australia
  • Vale Mozambique
  • CNBM International Corporation - China
  • Billiton Holdings Pty Ltd - Australia
  • Ministry of Mines - Canada
  • Rudhra Energy - India
  • GN Power Mariveles Coal Plant, Philippines
  • ING Bank NV - Singapore
  • UOB Asia (HK) Ltd
  • PNOC Exploration Corporation - Philippines
  • TGV SRAAC LIMITED, India
  • Jatenergy - Australia
  • PetroVietnam Power Coal Import and Supply Company
  • U S Energy Resources
  • Mitsui
  • Bahari Cakrawala Sebuku - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Electricity Generating Authority of Thailand
  • Kalimantan Lumbung Energi - Indonesia
  • PetroVietnam
  • Bukit Baiduri Energy - Indonesia
  • Argus Media - Singapore
  • Metalloyd Limited - United Kingdom
  • Kepco SPC Power Corporation, Philippines
  • Deutsche Bank - India
  • IMC Shipping - Singapore
  • Indian School of Mines
  • Kapuas Tunggal Persada - Indonesia
  • Indian Energy Exchange, India
  • bp singapore
  • KPMG - USA
  • Savvy Resources Ltd - HongKong
  • Aboitiz Power Corporation - Philippines
  • Rashtriya Ispat Nigam Limited - India
  • Platts
  • Indika Energy - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Attock Cement Pakistan Limited
  • ASAPP Information Group - India
  • Gupta Coal India Ltd
  • Japan Coal Energy Center
  • Eastern Energy - Thailand
  • Fearnleys - India
  • Leighton Contractors Pty Ltd - Australia
  • Lafarge - France
  • GHCL Limited - India
  • Indogreen Group - Indonesia
  • Geoservices-GeoAssay Lab
  • Arutmin Indonesia
  • GMR Energy Limited - India
  • Malabar Cements Ltd - India
  • GB Group - China
  • Kartika Selabumi Mining - Indonesia
  • Kaltim Prima Coal - Indonesia
  • JPower - Japan
  • Thermax Limited - India
  • DBS Bank - Singapore
  • Eastern Coal Council - USA
  • Noble Europe Ltd - UK
  • Asia Cement - Taiwan
  • Platou - Singapore
  • Mercator Lines Limited - India
  • Maheswari Brothers Coal Limited - India
  • India Bulls Power Limited - India
  • Coal India Limited
  • Jindal Steel & Power Ltd - India
  • EMO - The Netherlands
  • Kohat Cement Company Ltd. - Pakistan
  • CCIC - Indonesia
  • New Zealand Coal & Carbon
  • Gujarat Sidhee Cement - India
  • Parliament of New Zealand
  • Coalindo Energy - Indonesia
  • Tanito Harum - Indonesia
  • Cement Manufacturers Association - India
  • Maharashtra Electricity Regulatory Commission - India
  • Essar Steel Hazira Ltd - India
  • Bhushan Steel Limited - India
  • Africa Commodities Group - South Africa
  • Sarangani Energy Corporation, Philippines
  • Marubeni Corporation - India
  • Deloitte Consulting - India
  • Gujarat Electricity Regulatory Commission - India
  • Thailand Anthracite
  • Kideco Jaya Agung - Indonesia
  • SUEK AG - Indonesia
  • Altura Mining Limited, Indonesia
  • Madhucon Powers Ltd - India
  • SN Aboitiz Power Inc, Philippines
  • Energy Link Ltd, New Zealand
  • Trasteel International SA, Italy
  • Formosa Plastics Group - Taiwan
  • Petrosea - Indonesia
  • Bangladesh Power Developement Board
  • Bulk Trading Sa - Switzerland
  • Enel Italy
  • Samtan Co., Ltd - South Korea
  • Standard Chartered Bank - UAE
  • Romanian Commodities Exchange
  • Mintek Dendrill Indonesia
  • Credit Suisse - India
  • Merrill Lynch Bank
  • Sree Jayajothi Cements Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Timah Investasi Mineral - Indoneisa
  • RBS Sempra - UK
  • Qatrana Cement - Jordan
  • GNFC Limited - India
  • London Commodity Brokers - England
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Infraline Energy - India
  • ETA - Dubai
  • Bukit Makmur.PT - Indonesia
  • Indonesian Coal Mining Association
  • IEA Clean Coal Centre - UK
  • AsiaOL BioFuels Corp., Philippines
  • SGS (Thailand) Limited
  • ANZ Bank - Australia
  • PTC India Limited - India
  • Mercuria Energy - Indonesia
  • Adaro Indonesia
  • Tamil Nadu electricity Board
  • Maruti Cements - India
  • Indo Tambangraya Megah - Indonesia
  • KOWEPO - South Korea
  • Mechel - Russia
  • Bayan Resources Tbk. - Indonesia
  • The University of Queensland
  • EIA - United States
  • TRAFIGURA, South Korea
  • Humpuss - Indonesia
  • Simpson Spence & Young - Indonesia
  • Medco Energi Mining Internasional
  • MEC Coal - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Manunggal Multi Energi - Indonesia
  • Electricity Authority, New Zealand
  • Krishnapatnam Port Company Ltd. - India
  • Sojitz Corporation - Japan
  • Cargill India Pvt Ltd
  • Berau Coal - Indonesia
  • SMG Consultants - Indonesia
  • Wood Mackenzie - Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • Petrochimia International Co. Ltd.- Taiwan
  • ICICI Bank Limited - India
  • CIMB Investment Bank - Malaysia
  • Permata Bank - Indonesia
  • Thiess Contractors Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • MS Steel International - UAE
  • GVK Power & Infra Limited - India
  • PLN Batubara - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Karaikal Port Pvt Ltd - India
  • Bharathi Cement Corporation - India
  • Goldman Sachs - Singapore
  • Price Waterhouse Coopers - Russia
  • Parry Sugars Refinery, India
  • The India Cements Ltd
  • Thriveni
  • Jaiprakash Power Ventures ltd
  • Merrill Lynch Commodities Europe
  • Asian Development Bank
  • Pipit Mutiara Jaya. PT, Indonesia
  • Coal Orbis AG
  • Britmindo - Indonesia
  • Kobe Steel Ltd - Japan
  • Gujarat Mineral Development Corp Ltd - India
  • Pinang Coal Indonesia
  • The Treasury - Australian Government
  • Sucofindo - Indonesia
  • CoalTek, United States
  • Mitra SK Pvt Ltd - India
  • Ince & co LLP
  • Thomson Reuters GRC
  • Wilmar Investment Holdings
  • Bhatia International Limited - India
  • Inco-Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Maersk Broker
  • Vijayanagar Sugar Pvt Ltd - India
  • KPCL - India
  • Salva Resources Pvt Ltd - India
  • Shenhua Group - China
  • Vitol - Bahrain