COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 04 July 09
MINING CONTRACT SOUGHT FOR COAL AREA IN MASBATE
Because of its coal deposits, a town in Masbate is one of the sites in the country being sought out for exploration and development by mining compan ...


Saturday, 04 July 09
S. AFRICA'S RICHARDS BAY TO CAP NEW COAL VOLUMES, MININGMX SAYS
South Africa’s Richards Bay Coal Terminal is proposing restrictions on the quotas it awards to coal exporters from the so-called Phase 5 expansi ...


Saturday, 04 July 09
DALRYMPLE BAY COAL TERMINAL EXPANSION COMPLETE
BABCOCK & Brown Infrastructure has completed expansion of the Dalrymple Bay Coal Terminal (DBCT) near Mackay, Queensland. The terminal is now ...


Friday, 03 July 09
CHINA SHENHUA TO DOUBLE COAL CAPACITY BY 2014-PAPER
China Shenhua Energy Co Ltd plans to double its annual coal production capacity by 2014 from this year's level, the China Securities Journal report ...


Friday, 03 July 09
UKRAINE CUTS COAL PRODUCTION 9.3 PERCENT IN H1
Ukraine reduced coal production approximately 9.3%, or by 3.673 million tonnes, to 35.879 million tonnes in the first half of 2009 compared to the s ...


   1325 1326 1327 1328 1329   
Showing 6631 to 6635 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Essar Steel Hazira Ltd - India
  • Lafarge - France
  • PowerSource Philippines DevCo
  • Savvy Resources Ltd - HongKong
  • Latin American Coal - Colombia
  • Cebu Energy, Philippines
  • Arch Coal - USA
  • TeaM Sual Corporation - Philippines
  • CCIC - Indonesia
  • Commonwealth Bank - Australia
  • Mercuria Energy - Indonesia
  • ICICI Bank Limited - India
  • Coastal Gujarat Power Limited - India
  • White Energy Company Limited
  • Iligan Light & Power Inc, Philippines
  • JPMorgan - India
  • Energy Link Ltd, New Zealand
  • McKinsey & Co - India
  • Baramulti Group, Indonesia
  • Gupta Coal India Ltd
  • Cigading International Bulk Terminal - Indonesia
  • Uttam Galva Steels Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Mitra SK Pvt Ltd - India
  • Pendopo Energi Batubara - Indonesia
  • Georgia Ports Authority, United States
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Maheswari Brothers Coal Limited - India
  • Vedanta Resources Plc - India
  • Banpu Public Company Limited - Thailand
  • Renaissance Capital - South Africa
  • Kobe Steel Ltd - Japan
  • Gujarat Sidhee Cement - India
  • Kapuas Tunggal Persada - Indonesia
  • Rio Tinto Coal - Australia
  • Jatenergy - Australia
  • Sucofindo - Indonesia
  • Meralco Power Generation, Philippines
  • Xindia Steels Limited - India
  • Formosa Plastics Group - Taiwan
  • Malco - India
  • Enel Italy
  • Mechel - Russia
  • Clarksons - UK
  • Goldman Sachs - Singapore
  • Ceylon Electricity Board - Sri Lanka
  • Africa Commodities Group - South Africa
  • KEPCO - South Korea
  • Bukit Asam (Persero) Tbk - Indonesia
  • KPMG - USA
  • Karbindo Abesyapradhi - Indoneisa
  • Thermax Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • SN Aboitiz Power Inc, Philippines
  • Madhucon Powers Ltd - India
  • World Coal - UK
  • Indian Energy Exchange, India
  • Thai Mozambique Logistica
  • Sinarmas Energy and Mining - Indonesia
  • DBS Bank - Singapore
  • Mercator Lines Limited - India
  • Chettinad Cement Corporation Ltd - India
  • TANGEDCO India
  • The State Trading Corporation of India Ltd
  • Ministry of Mines - Canada
  • Adaro Indonesia
  • Edison Trading Spa - Italy
  • Glencore India Pvt. Ltd
  • Runge Indonesia
  • New Zealand Coal & Carbon
  • Thomson Reuters GRC
  • Gresik Semen - Indonesia
  • NALCO India
  • Reliance Power - India
  • Bangkok Bank PCL
  • Metalloyd Limited - United Kingdom
  • Japan Coal Energy Center
  • Meenaskhi Energy Private Limited - India
  • bp singapore
  • GMR Energy Limited - India
  • UOB Asia (HK) Ltd
  • Kalimantan Lumbung Energi - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Coalindo Energy - Indonesia
  • EMO - The Netherlands
  • Alfred C Toepfer International GmbH - Germany
  • Videocon Industries ltd - India
  • Fearnleys - India
  • Bangladesh Power Developement Board
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • PLN Batubara - Indonesia
  • Salva Resources Pvt Ltd - India
  • Permata Bank - Indonesia
  • Barclays Capital - USA
  • Arutmin Indonesia
  • Central Java Power - Indonesia
  • Parry Sugars Refinery, India
  • Electricity Authority, New Zealand
  • TNB Fuel Sdn Bhd - Malaysia
  • Kartika Selabumi Mining - Indonesia
  • Coal India Limited
  • OCBC - Singapore
  • Coeclerici Indonesia
  • Medco Energi Mining Internasional
  • San Jose City I Power Corp, Philippines
  • Bulk Trading Sa - Switzerland
  • Bayan Resources Tbk. - Indonesia
  • APGENCO India
  • Independent Power Producers Association of India
  • Toyota Tsusho Corporation, Japan
  • OPG Power Generation Pvt Ltd - India
  • Straits Asia Resources Limited - Singapore
  • SASOL - South Africa
  • Borneo Indobara - Indonesia
  • ASAPP Information Group - India
  • Directorate General of MIneral and Coal - Indonesia
  • Humpuss - Indonesia
  • Siam City Cement - Thailand
  • KPCL - India
  • Pinang Coal Indonesia
  • Tata Chemicals Ltd - India
  • Asmin Koalindo Tuhup - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • SMG Consultants - Indonesia
  • Indian School of Mines
  • Cardiff University - UK
  • Indonesian Coal Mining Association
  • TGV SRAAC LIMITED, India
  • Xstrata Coal
  • Singapore Mercantile Exchange
  • WorleyParsons
  • Therma Luzon, Inc, Philippines
  • Barasentosa Lestari - Indonesia
  • Maruti Cements - India
  • Vizag Seaport Private Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • Shree Cement - India
  • Simpson Spence & Young - Indonesia
  • Aditya Birla Group - India
  • Tata Power - India
  • Dalmia Cement Bharat India
  • Antam Resourcindo - Indonesia
  • Berau Coal - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Anglo American - United Kingdom
  • SRK Consulting
  • Cargill India Pvt Ltd
  • Kaltim Prima Coal - Indonesia
  • Coaltrans Conferences
  • Maharashtra Electricity Regulatory Commission - India
  • JPower - Japan
  • Vitol - Bahrain
  • ANZ Bank - Australia
  • Jorong Barutama Greston.PT - Indonesia
  • Russian Coal LLC
  • Bahari Cakrawala Sebuku - Indonesia
  • Parliament of New Zealand
  • Leighton Contractors Pty Ltd - Australia
  • BRS Brokers - Singapore
  • Lanco Infratech Ltd - India
  • Star Paper Mills Limited - India
  • Jaiprakash Power Ventures ltd
  • KOWEPO - South Korea
  • TRAFIGURA, South Korea
  • GN Power Mariveles Coal Plant, Philippines
  • Binh Thuan Hamico - Vietnam
  • Central Electricity Authority - India
  • SGS (Thailand) Limited
  • Sical Logistics Limited - India
  • Deutsche Bank - India
  • Makarim & Taira - Indonesia
  • Inspectorate - India
  • Panama Canal Authority
  • LBH Netherlands Bv - Netherlands
  • IHS Mccloskey Coal Group - USA
  • Economic Council, Georgia
  • World Bank
  • Bhatia International Limited - India
  • Cement Manufacturers Association - India
  • Tamil Nadu electricity Board
  • Chamber of Mines of South Africa
  • Gujarat Mineral Development Corp Ltd - India
  • Sojitz Corporation - Japan
  • Core Mineral Indonesia
  • IMC Shipping - Singapore
  • Karaikal Port Pvt Ltd - India
  • Shenhua Group - China
  • Mitsui
  • Indonesia Power. PT
  • Rashtriya Ispat Nigam Limited - India
  • Orica Australia Pty. Ltd.
  • Ministry of Finance - Indonesia
  • Idemitsu - Japan
  • Samsung - South Korea
  • Tanito Harum - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • PLN - Indonesia
  • Bhushan Steel Limited - India
  • Marubeni Corporation - India
  • Jindal Steel & Power Ltd - India
  • Petrosea - Indonesia
  • CESC Limited - India
  • Ince & co LLP
  • IBC Asia (S) Pte Ltd
  • Standard Chartered Bank - UAE
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Bhoruka Overseas - Indonesia
  • ACC Limited - India
  • Indian Oil Corporation Limited
  • Oldendorff Carriers - Singapore
  • Infraline Energy - India
  • Thriveni
  • Indogreen Group - Indonesia
  • Credit Suisse - India
  • Carbofer General Trading SA - India
  • Mitsubishi Corporation
  • Ind-Barath Power Infra Limited - India
  • London Commodity Brokers - England
  • Sindya Power Generating Company Private Ltd
  • Agrawal Coal Company - India
  • Miang Besar Coal Terminal - Indonesia
  • Coal and Oil Company - UAE
  • GHCL Limited - India
  • Global Coal Blending Company Limited - Australia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Britmindo - Indonesia
  • Bank of America
  • Platts
  • Electricity Generating Authority of Thailand
  • PetroVietnam
  • Asian Development Bank
  • Globalindo Alam Lestari - Indonesia
  • MEC Coal - Indonesia
  • PNOC Exploration Corporation - Philippines
  • Kepco SPC Power Corporation, Philippines
  • Noble Europe Ltd - UK
  • Surastha Cement
  • Trasteel International SA, Italy
  • ING Bank NV - Singapore
  • Petron Corporation, Philippines
  • ETA - Dubai
  • Inco-Indonesia
  • Ernst & Young Pvt. Ltd.
  • Thiess Contractors Indonesia
  • Eastern Energy - Thailand
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • McConnell Dowell - Australia
  • Minerals Council of Australia
  • Kobexindo Tractors - Indoneisa
  • Argus Media - Singapore
  • globalCOAL - UK
  • Heidelberg Cement - Germany
  • Australian Coal Association
  • Billiton Holdings Pty Ltd - Australia
  • Power Finance Corporation Ltd., India
  • Peabody Energy - USA
  • MS Steel International - UAE
  • GB Group - China
  • Semirara Mining and Power Corporation, Philippines
  • Attock Cement Pakistan Limited
  • Merrill Lynch Commodities Europe
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • The India Cements Ltd
  • Asia Cement - Taiwan
  • Grasim Industreis Ltd - India
  • U S Energy Resources
  • SUEK AG - Indonesia
  • UBS Singapore
  • Deloitte Consulting - India
  • Port Waratah Coal Services - Australia
  • Holcim Trading Pte Ltd - Singapore
  • Geoservices-GeoAssay Lab
  • Global Green Power PLC Corporation, Philippines
  • Orica Mining Services - Indonesia
  • The Treasury - Australian Government
  • VISA Power Limited - India
  • Cosco
  • Merrill Lynch Bank
  • Kideco Jaya Agung - Indonesia
  • Eastern Coal Council - USA
  • J M Baxi & Co - India
  • Indorama - Singapore
  • Coal Orbis AG
  • Adani Power Ltd - India
  • SMC Global Power, Philippines
  • Altura Mining Limited, Indonesia
  • Qatrana Cement - Jordan
  • Moodys - Singapore
  • India Bulls Power Limited - India
  • Freeport Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Aboitiz Power Corporation - Philippines
  • Mjunction Services Limited - India
  • Cemex - Philippines
  • Siam City Cement PLC, Thailand
  • GAC Shipping (India) Pvt Ltd
  • NTPC Limited - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Interocean Group of Companies - India
  • Bank of China, Malaysia
  • Price Waterhouse Coopers - Russia
  • Energy Development Corp, Philippines
  • Ambuja Cements Ltd - India
  • CIMB Investment Bank - Malaysia
  • Posco Energy - South Korea
  • CoalTek, United States
  • Sakthi Sugars Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Platou - Singapore
  • Riau Bara Harum - Indonesia
  • Mintek Dendrill Indonesia
  • Malabar Cements Ltd - India
  • Bharathi Cement Corporation - India
  • Wood Mackenzie - Singapore
  • Krishnapatnam Port Company Ltd. - India
  • IEA Clean Coal Centre - UK
  • Rudhra Energy - India
  • Total Coal South Africa
  • The University of Queensland
  • Thailand Anthracite
  • RBS Sempra - UK
  • Maybank - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • TNPL - India
  • European Bulk Services B.V. - Netherlands
  • Larsen & Toubro Limited - India
  • Vale Mozambique
  • Indika Energy - Indonesia
  • HSBC - Hong Kong
  • Australian Commodity Traders Exchange
  • Manunggal Multi Energi - Indonesia
  • EIA - United States
  • IOL Indonesia
  • Indo Tambangraya Megah - Indonesia
  • South Luzon Thermal Energy Corporation
  • GNFC Limited - India
  • Ministry of Transport, Egypt
  • Planning Commission, India
  • Neyveli Lignite Corporation Ltd, - India
  • Semirara Mining Corp, Philippines
  • PTC India Limited - India
  • Intertek Mineral Services - Indonesia
  • Global Business Power Corporation, Philippines
  • Romanian Commodities Exchange
  • Samtan Co., Ltd - South Korea
  • Gujarat Electricity Regulatory Commission - India
  • BNP Paribas - Singapore
  • Kumho Petrochemical, South Korea
  • Sree Jayajothi Cements Limited - India
  • Directorate Of Revenue Intelligence - India
  • GVK Power & Infra Limited - India
  • Wilmar Investment Holdings
  • Maersk Broker
  • CNBM International Corporation - China