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Tuesday, 20 September 11
MTD INAUGURATES ITS COAL TERMINAL IN JAVA ISLAND
 Press Release – MTD Group of Malaysia, one of prominent key players in the development of infrastructure in Malaysia, today inaugurated their coal terminal project at Cigading Port, Cilegon, Banten Indonesia - Cigading International Bulk Terminal.
The historical moment was inaugurated by Governor of the Province of Banten , Hajah Ratu Atut Chosiyah, and witnessed by Head of Office - Directorate General for Sea Transportation, Ministry of Transportation of Republic of Indonesia, Capt B. Soegiharto. Also present at the event were President & CEO of MTD Group, YBhg Dato’ Azmil Khalid; President Director of PT Krakatau Steel (KS), Fazwar Bujang; President Director of PT Krakatau Bandar Samudera (KBS), Zamhari Hamid; MTD Directors and senior management team.
PT Cigading International Bulk Terminal (CIBT) has secured the exclusive rights from PT Krakatau Bandar Samudera to develop, run and operate the coal terminal for the loading, stacking and discharging for export of coal at the Cigading Port, Indonesia for the period of 32 years on 13th July 2007.
The company is a 95% subsidiary of Sinomast Metacorp (Labuan) Ltd; a 50:50 joint-venture company between Metacorp Berhad (Metacorp) and Indonesia’s PT. Bintang Sinomast Limited. Metacorp inturn, a subsidiary of Malaysia’s conglomerate MTD Capital Berhad, is engaged among others in building and highway constructions, toll management, manufacturing of construction materials, property development, energy and waste management.
“CIBT aimed to be a world class coal terminal operator apart from to build strong reputation. This has become the main challenge for MTD as new player in the port industry. Neverthelesss, we believe with the constant support and cooperation provided by the local authorities and Indonesian government in general, will help us to achieve our mission,” said Dato’ Azmil Khalid, President & CEO of MTD Group.
“From a humble start, we began the Cigading Port project, marked by the ground breaking ceremony in June 2008 in this bare land. As we promised, 3 years later, what you see here today is our proof of our promise. Our vision, along with PT Krakatau Bandar Samudera (KBS) is to expand the existing port facilities to become a world class bulk terminal port with superior solutions for bulk cargo requirements.
To Indonesia we present facilities which we expect to be useful for Indonesia’s economy in general and the coal industry in particular, an international level bulk coal port, Cigading International Bulk Terminal, which has coal handling equipment and technology which can guarantee safety and health better and is environmentally friendly, and therefore will be considered by world class industry players,” he continued.
Energy demands which can no longer be fulfilled by fossil fuels have forced the world to turn to coal. For Indonesia, which is one of the biggest coal producing countries in the world, this is a blessing, making Indonesia an important country in the world. Nevertheless, this condition should be accompanied by adequate transport facilities to ensure coal supplies for domestic as well as foreign industries.
“As Governor of the Province of Banten, who has supported this project since the beginning and has witnessed the corner-stone laying for this project, we open the door widely for Metacorp Berhad, a subsidiary of the MTD Group Malaysia to invest its capital in Banten and express our gratitude for the joint venture with PT Krakatau Bandar Samudra, a subsidiary of PT Krakatau Steel which has chosen Banten to develop its business, which will not only boost the value of investing in Banten in the eyes of the national and international world, but will also absorb local manpower which of course will increase regional revenues and provide prosperity for Banten’s people,” said Hajah Ratu Atut Chosiyah, Governor of the Province of Banten,
“PT Cigading International Bulk Terminal (CIBT) as the company which manages the terminal’s facilities is the business partner of PT Krakatau Bandar Samudera (KBS), a subsidiary of PT Krakatau Steel (KS), which has granted exclusive rights to build, finance and operate this sophisticated international bulk terminal in the Cigading Port area. Without the cooperation from all parties, particularly Metacorp Berhad’s investment, we would not be able to realize the operation of this terminal. Therefore we want to express our gratitude to Metacorp Berhad,” stated Fawzar Bujang, President Director of PT Krakatau Steel.
About Cigading International Bulk Terminal and Its Partners
PT. Cigading International Bulk Terminal (CIBT) is a company that is 95 % owned by Sinomast Metacorp (Labuan) Ltd. a 50-50 joint venture between Metacorp Berhad (Metacorp) and PT Bintang Sinomast Limited. Metacorp is a subsidiary of MTD Capital Bhd, a Malaysian conglomerate and PT Bintang Sinomast Limited is an international joint venture. Currently CIBT continues to establish a strong and professional management team which has a commitment to be faithful to the company's vision and mission. It is believed that CIBT will become one of the international bulk terminals in Indonesia to be considered by global market players. For further information please visit www.cibt.co.id.
About Metacorp Berhad
Metacorp Berhad is a subsidiary of MTD Capital Bhd, a Malaysian conglomerate among others engaged in the construction of buildings and roads, management of toll roads. production of building materials, and property development throughout the world. For further information please visit http://www.metacorp.com.my/.
About PT Bintang Sinomast Limited
PT Bintang Sinomast Limited is an international joint venture company with experience and expertise in operating barges and ship towing, mine engineering, and bulk cargo logistics.
About PT Krakatau Bandar Samudera (KBS)
PT Krakatau Bandar Samudera is a business unit which concentrates on handling bulk in the form of raw iron ore, dry bulk (gypsum, raw sugar, corn, soybeans and others) and other cargo such as coal and scrap. It operates in Cigading Port, an area where the Cilegon heavy industry zone is located. For further information please visit http://www.cigadingport.com
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Tuesday, 26 July 11
UT'S SALES COULD REACH TO 8000 UNITS BY THE END OF 2011
COALspot.com - Sales of Komatsu heavy equipment in the domestic market in the first half of 2011 rose 59 percent to 4333 units compared to the same ...
Monday, 25 July 11
INDONESIA STATE ELECTRICITY COMPANY HAS BURNED 19 MMT OF COAL FOR FIRST HALF OF 2011
COALspot.com - Indonesia's State Electricity Company and other IPPs have burned 19 million tons of coal for first half of this year said,Pamudji Nu ...
Monday, 25 July 11
AKR CORPORINDO TO PRODUCE 0.3 MMT OF COAL BY DECEMBER
COALspot.com - PT AKR Corporindo (AKRA) began producing coal from its mine in Muara Teweh, Central Kalimantan. The company is targeting to pro ...
Sunday, 24 July 11
AN INDIAN PORT SETS A WORLD RECORD FOR CONVENTIONAL COAL DISCHARGE
COALspot.com - Krishnapatnam Port has set a World record for discharging 106,171 tons of steam coal in just 24 hrs using the conventional unloading sy ...
Saturday, 23 July 11
FAR EAST /SE ASIA ROUTE GAINED US$ 3000 HIGHER THAN LAST WEEK - VISTAAR
COALspot.com - The BDI further softened to by 2.22 pct and closed at 1323 points. The Cape and Panamax index also softened and closed at 1841 points ...
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- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Planning Commission, India
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
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