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, 06 June 09
COAL PRICE HIT RECORD ON STRONG CHINA DEMAND - INVESTMENT WATCH
Investment watch reported that, “Coal price hit a new high of over $72 a tonne at Australia’s Newcastle Port, a benchmark for Asia, spur ...


Friday, 05 June 09
CEMENT INDUSTRY NEEDS POLICY ON FLY ASH
H.M. Bangur, President of Cement Manufacturers' Association, on the objectives and economic impact of the proposed national policy on utilisation o ...


Thursday, 04 June 09
PAKISTAN TO IMPORT MORE COAL FROM INDONESIA - SEATRADE
COALspot.com (Pakistan): Richards bay to Pakistan sea freight has touched US$ 20.00 for  40,000/10 pct steam size in June 2009. South African c ...


Thursday, 04 June 09
CHINA'S SHANXI PROVINCE CONSIDERS COAL FUTURES BOURSE - MINE WEB
Mine Web reported that, China hopes to establish a coal futures exchange to obtain more rights on international pricing. China's largest coal pr ...


Thursday, 04 June 09
CHINA QINHUANGDAO COAL STOCK JUMPS BY 36.2% MOM - STEELGURU
SteelGuru reported that, Sources indicated that, coal stock at Qinhuangdao port, China's major coal port has reached 4.88 million tonnes increasing ...


   1339 1340 1341 1342 1343   
Showing 6701 to 6705 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 ...

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