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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, 02 July 09
PETCOKE BOOMS AS CEMENT MAKERS TRY TO REPLACE COAL
* Cement makers led by Asia chase petcoke to replace coal
* Petcoke prices up $10/T Feb-Jun, set to rise further
* Domestic U.S. petcoke demand ma ...
Wednesday, 01 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE BY 12PCT
Bloomberg reported that Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 12% last ...
Wednesday, 01 July 09
RS 6,000CR MMTC COAL IMPORT PLAN UNDER CLOUD
The plan of MMTC Ltd, a trading firm under the commerce ministry, to import coal worth Rs 6,000 crore has come under cloud, with the Central ...
Wednesday, 01 July 09
INDONESIAN FIRM BIDS FOR 130,000T COAL FOR NAPOCOR
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it received two bids from Indonesia's PT Trubaindo and its loc ...
Wednesday, 01 July 09
COAL PRICE INDEX TO BE LAUNCHED IN JULY
India will soon get a coal index to track the coal price movement in the country.
India's leading e-commerce company Mjunction Services Ltd will ...
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- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Posco Energy - South Korea
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