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Wednesday, 19 October 11
ADARO ACQUIRES BUKIT ENIM ENERGI - INSIDER STORIES
Insider Stories reported that, Coal miner PT Adaro Energy Tbk, via its subsidiary dubbed PT Alam Tri Abadi, today revealed a 46% stake takeover of a green field coal mining company PT Bukit Enim Energi for consideration price of US$46 million.
In a press statement filed to Indonesia Stock Exchange today, Alam Tri has acquired Bukit Enim from Lucky Star Corporation, Oriental Holdings Ltd, and BrightPath Corporation.
Following takeover, Adaro Energy owns 61.04% stake in Bukit Enim, PT Pamapersada Nusantara owns 20%, PT Triputra Utama Selaras owns 13.92%, and PT Bumi Alam Sejahtera owns the remaining. Pamapersada is Indonesia's largest coal mining contractor and also subsidiary of PT United Tractors Tbk. Pama also is one of Adaro's most important and long standing contractor.
Bukit Enim is a coal mining company developing a greenfield coal project in Muara Enim, South Sumatra. Bukit Enim holds a mining permit granted in March 2001 for a period of 20 years covering an area of 11,130 hectares.
Source: Insider Stories
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Wednesday, 12 October 11
CAPESIZE - A SURPRISE JUMP IN RATES - BRS
There was a surge across all sizes last week, resulting in the BDI gaining 101 points to end the week at 2,000 points (+5.3%). The BCI reached 3,218 ...
Wednesday, 12 October 11
CAPESIZE FREIGHT RATES BOUND TO RETREAT FROM 2011 HIGHS ON THE BACK OF TONNAGE OVERSUPPLY SAYS BIMCO
According to Nikos Roussanoglou, Hellenic Shipping, with the BDI (Baltic Dry Index) breaking yet another 2011 high yesterday and ending the se ...
Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES
Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a m ...
Tuesday, 11 October 11
RENUKA COALINDO BUYS JAMBI COAL
PT Renuka Coalindo Tbk, formerly PT Allbond Makmur Usaha Tbk plans to acquire PT Jambi Prima Coal holder of mining concession in Pauh, Sa ...
Monday, 10 October 11
MOZAMBIQUE CHANNEL TO BE THE NEW PIRACY HOTSPOT FOR THIS YEAR SAYS MARITIME SECURITY EXPERT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Mozambique Channel, as well as the entrance to the Persian Gulf, are expected to become some of the new pirate hotspots for piracy, says Richard ...
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- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Deloitte Consulting - India
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Central Electricity Authority - India
- Planning Commission, India
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
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