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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, 18 May 12
EXPORT TAX WILL ERODE PROFITS, INDONESIAN COAL EXEC COMPLAINS - THE JAKARTA GLOBE
The Jakarta Globe reported that, A 20 percent export duty the government has imposed on 14 mineral ore products will not only take a toll on mining ...
Friday, 18 May 12
KOREA EAST WEST POWER LOOKING FOR TOTAL 2.6 MILLION TONS OF 4600 NAR COAL AT FIXED PRICE FOR 5 YEARS
COALspot.com - Korea East West Power Co., Ltd is inviting bids to supply of 520,000 Metric Tons (per annum) of minimum 4,600 kcal/kg coal of N ...
Friday, 18 May 12
NICKEL ORE CARGOES ARE NOT SEEN IN MARKET ANYMORE DUE TO ON-GOING INDONESIAN BAN - FEARNLEYS AS
Handy
The market remained variable.
Fronthaul voyages both from Baltic and Black Sea paid over USD 18k/day. From USG to Cont tonnage would get ...
Thursday, 17 May 12
COAL MINERS OPPOSE EXPORT TAX, SUGGEST OUTPUT QUOTA - THE JAKARTA POST
The Jakarta Post reported that, coal miners have suggested that the government apply a production quota instead of implementing an export tax in ord ...
Thursday, 17 May 12
DRY BULK MARKET STILL LOOKING FOR NEW DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on moving sideways during this week, with the mixed performance across all segments. Yesterday, the industry’s be ...
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- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Australian Coal Association
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Economic Council, Georgia
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
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