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

Sunday, 28 June 09
INDIA CEMENTS TO INVEST RS 1,500 CR OVER 2 YEARS
Chennai-based India Cements is planning to invest around Rs 1,500 crore over the next two years for setting up a greenfield project in Rajasthan, po ...


Saturday, 27 June 09
HEAVY CONGESTION AT AUSTRALIAN PORTS REACHING ALL TIME HIGH TO 120 SHIPS IN EAST COAST AUSTRALIA - VISTAAR SHIPPING
COALspot.com (Singapore): The market this week was a bit soft and the BDI was down by almost 10 pct and closed at 3,703 points. The drop in BDI i ...


Friday, 26 June 09
INDONESIA INVESTORS EYE BHP BILLITON COAL PROJECT
About four Indonesian investors are interested in taking over a coal project owned by BHP Billiton Ltd, a senior government mining official said. ...


Friday, 26 June 09
SOUTH AFRICA'S CONSULTING GROUP OPENS OFFICES IN CHINA, INDONESIA
Consulting engineering company SRK Consulting has opened new offices in Asia to cope with the growing demand for its services in the region. The ...


Friday, 26 June 09
RUSSIA MECHEL TO DELIVER 2 MLN T COKING COAL TO ASIA
Russian steel and coal producer Mechel said on Thursday it had signed contracts to deliver about 2 million tonnes of coking coal concentrate to unna ...


   1328 1329 1330 1331 1332   
Showing 6646 to 6650 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 ...

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