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Friday, 26 June 09
BAYAN TARGETS GROSS PROFIT TO RISE BY 86.2 PERCENT
Local coal producer publicly listed PT Bayan Resources is targeting this year's gross profit to rise by 86.2 percent on the back of higher sales volume and lower production costs.
Bayan director for corporate affairs and corporate secretary Jenny Quantero said on Thursday that gross profit would reach Rp 1.75 trillion (US$171.5 million) this year from Rp 939.5 billion.
"This is mostly because of an increase in production volume and a drop in production costs," she said.She said the company had signed contracts to deliver 10 million tons of coal for clients in Korea, Japan, Taiwan, Malaysia and India this year as opposed to only 5.9 million tons sold last year.
Therefore, the company's revenue would increase by 32.6 percent to Rp 6.5 trillion this year.
She added the drop in production costs, estimated to reach between $50 and $55 a ton this year, lower than $71 in the fourth quarter last year on the back of lower oil prices, would contribute to the rise in revenue
Bayan president director Chin Wai Fong said the company would start producing briquettes from its new upgraded coal plant at a rate of 300,000 tons this year.
"The volume has been included in the sales volume target for this year," Fong said.
He said that the new plant would be the first one in Indonesia, explaining that the technology would enable the company to process low-grade coal to make it more valuable. The $68-million plant would start operations in the third quarter of this year.
Source: The Jakarta Post (http://www.thejakartapost.com/news/2009/06/25/bayan-targets-gross-profit-rise-862-percent.html)
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Tuesday, 28 July 09
SHENZHEN ENERGY INKS COAL PURCHASE CONTRACT WITH CHINA SHENHUA
China Knowledge reported that, Shenzhen Energy Group Co Ltd has signed a five-year contract with China Shenhua Energy Co Ltd, which is engaged in th ...
Tuesday, 28 July 09
BUKIT ASAM ENJOYS STRONG FIRST HALF
The Jakarta Post reported that, state coal miner PT Tambang Batubara Bukit Asam (PTBA) enjoyed a strong first half performance with six-month net pr ...
Tuesday, 28 July 09
NEWCASTLE LOADED 1.943 MILLION TONS OF COAL IN THE WEEK ENDED 27TH JULY 2009
COALspot.com (Singapore) : The volume exported from Australia’s Newcastle port in the week ended - 07:00 hours 27 July 2009 ...
Monday, 27 July 09
INDIA PAYING HIGHEST PRICE FOR S.AFRICA COAL - PRODUCERS
* Spread between South African and Pacific origin coal very wide
* Lack of European buying makes India indicator of value
Reuters reported that, ...
Monday, 27 July 09
TAIWAN'S FORMOSA EYES S.AFRICAN COAL FOR Q4: TRADE
Reuters reported that, Taiwan's Formosa Plastics Group is looking to buy two South African thermal coal cargoes for delivery in the fourth-quarter, ...
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- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Planning Commission, India
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Australian Coal Association
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- MS Steel International - UAE
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
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