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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, 11 February 12
WILL HISTORY REPEAT ITSELF IN THIS SHIPPING CYCLE? - CLARKSONS / HELLENIC SHIPPING
A slightly dubious "best man" joke runs as follows… Best man (giving his wedding speech): "Have you noticed how history repeat ...
Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
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- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- The University of Queensland
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Planning Commission, India
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Australian Coal Association
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
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