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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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Thursday, 09 July 09
GARDA LISTS SHARES IN LOCAL BOURSE
Local coal company PT Garda Tujuh Buana officially listed its shares in the Indonesia Stock Exchange (IDX).
The listing followed the company's p ...
Thursday, 09 July 09
COAL AND OIL GROUP TO INVEST $300 MN TO BUY SHIPS AND ACQUIRE COAL MINE
Coal & Oil Group is planning to invest around $300 million (around Rs 1,500 crore) to buy new ships and to acquire coal mines. The company is pl ...
Thursday, 09 July 09
NO TRADE ON AUSTRALIA'S ASX COAL FUTURES DEBUT
*ASX's deliverable thermal coal futures debut without trade
*ASX says futures could present new arbitrage opportunities
The debut of Australia ...
Wednesday, 08 July 09
GERMAN COAL PRODUCTION DECREASED BY 31% TO ROUND 3.4 MILLION TON IN 1Q 2009 - COAL IMPORTERS ASSOCIATION, HAMBURG
COALspot.com (Germany):
World Coal Market
According to analysis of VEREIN DER KOHLENIMPORTEURE E.V. , On a quantity basis the s ...
Wednesday, 08 July 09
HUADIAN POWER BUYS INTO COAL MINERS
Huadian Power International Corporation - China's largest independent power producerCannounced Tuesday in a filing to the Shanghai Stock Exchange ...
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- Barasentosa Lestari - Indonesia
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- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- White Energy Company Limited
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- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
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- Singapore Mercantile Exchange
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- London Commodity Brokers - England
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- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
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- Semirara Mining Corp, Philippines
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- Bukit Makmur.PT - Indonesia
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- Alfred C Toepfer International GmbH - Germany
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- The Treasury - Australian Government
- Indian Oil Corporation Limited
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- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
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- Banpu Public Company Limited - Thailand
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- Maheswari Brothers Coal Limited - India
- Planning Commission, India
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- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Australian Coal Association
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
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- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
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- Latin American Coal - Colombia
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- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
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- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
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- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
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- Bangladesh Power Developement Board
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- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
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- Jaiprakash Power Ventures ltd
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- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
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- Toyota Tsusho Corporation, Japan
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- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
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- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Simpson Spence & Young - Indonesia
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- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
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- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
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- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
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- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
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- CNBM International Corporation - China
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- Georgia Ports Authority, United States
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- PowerSource Philippines DevCo
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- Binh Thuan Hamico - Vietnam
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