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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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Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/- 5 percent of non-coking imported coal with ...
Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...
Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...
Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...
Tuesday, 30 August 11
FAUJI CEMENT CONSUMED MORE THAN 1 MILLION TONS OF LOCAL COAL
Cooper Minerals Inc.based in Vancouver, BC, Canada, is a junior exploration company engaged in the acquisition, exploration and development of miner ...
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- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Planning Commission, India
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
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