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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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Tuesday, 08 November 11
COAL MINER ABM INVESTAMA PLANS $290M PUBLIC OFFERING - JG
The Jakarta Globe reported that, ABM Investama, an Indonesian coal miner controlled by the Hamami family, plans to raise as much as Rp 2.6 trillion ...
Monday, 07 November 11
CHINA'S COAL IMPORTS STEAM AHEAD
Chinese seaborne coal imports have grown greatly in recent years, up from 39.2mt in 2008 to 167.7mt in 2010, with the result that China became a net ...
Saturday, 05 November 11
DEMAND SLUMP THREATENS MORE PAIN FOR BULK VESSELS - VISTAAR
COALspot.com - The market continued to fall with BDI dropping below 2,000 points by around 10 pct and closing at 1817 points. The cape index also co ...
Saturday, 05 November 11
BERAU STARTS TO EXPLORE BINUNGAN SITE - INSIDER STORIES
Insider Stories reported that, coal miner PT Berau Coal, a 90% owned subsidiary of PT Berau Coal Energy Tbk (BRAU), is busy to hold exploration in B ...
Friday, 04 November 11
INDIAN IRON ORE MARKET REMAINS DEAD - FEARNLEYS
Handy
The Atlantic market kept its strong position from last week. Even with fewer fixtures reported. Fronthauls still around 25k, wit ...
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- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- The University of Queensland
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Anglo American - United Kingdom
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