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Thursday, 04 June 09
PTT: RESTRUCTURING BUSINESS, DIVERSIFYING INTO COAL - EASYBOURSE
Thailand's largest energy conglomerate, PTT PCL (PTT.TH), will diversify into coal as part of its business restructuring, Senior Executive Vice President Tevin Vongvanich said Thursday.
"We regularly restructure our businesses in a move to improve our competitiveness and to suit the current situation. This is also our plan for the future, which will include more investments overseas," said Tevin. Its new structure will focus on coal, oil and natural gas.
PTT targets to triple the size of its coal business in the next 10 years and is looking to invest in the coal business in Australia and Indonesia, said Tevin, who oversees corporate strategy and development. PTT posted a full-year net profit of THB51.70 billion last year on sales of THB2 trillion.
Its coal business will range from coal-to-gas and coal-to-liquid to power generation from coal-fired power plants, he added.
Earlier this year, its unit PTT International Co acquired a 60% stake in Straits Bulk & Industrial Ltd., which owns coal mines in Indonesia.
Tevin said PTT's natural gas business will continue to cover both upstream and downstream activities, involving investments in the petrochemical business.
PTT is also considering investing in the retail oil business in Southeast Asian countries, he added.
source:http://www.easybourse.com/bourse-actualite/gold-fields/ptt-restructuring-business-diversifying-into-coal-ZAE000018123-678796
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Thursday, 04 June 09
CHINA QINHUANGDAO COAL STOCK JUMPS BY 36.2% MOM - STEELGURU
SteelGuru reported that, Sources indicated that, coal stock at Qinhuangdao port, China's major coal port has reached 4.88 million tonnes increasing ...
Thursday, 04 June 09
ASIA COAL - PRICES RISE TO 31/2 MTH HIGH ON OIL, ECONOMY - INTERACTIVE INVESTOR
Interactive Investor reported that, Prices of power-station coal from Australia, a benchmark for Asia, rose to a three-and-a-half-month high of over ...
Thursday, 04 June 09
ADARO SECURES THREE NEW CONTRACTS, SAYS OUTLOOK POSITIVE - THE JAKARTA POST
Publicly listed PT Adaro Energy, the country's second largest coal miner, announced Wednesday it had secured three new coal contracts from buyers f ...
Wednesday, 03 June 09
XSTRATA, KOMIPO AGREE SOME '09 COAL TONNAGE AT $63/T- REUTERS
South Korean utility Korea Midland Power Co (KOMIPO) has agreed to buy part of its 2009 term contract tonnage from Xstrata's coal unit at about $63 ...
Wednesday, 03 June 09
KOSEP SEEKS UP TO 3 MLN TONNES OF COAL - REUTERS
Korea South-East Power Co Ltd (KOSEP) has issued four tenders seeking a total of 3 million tonnes of coal for delivery between 2009 to 2011, a tende ...
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- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- PTC India Limited - India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
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