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Tuesday, 06 August 13
GBCE APPOINTS BENJAMIN WILEY AS NEW MANAGING DIRECTOR
COALspot.com : GB Clean Energy Ltd. (GBCE) announced today that Mr. Benjamin Wiley has been appointed as Managing Director.
Mr. Wiley has been active in investment banking in Indonesia since 1989 and has been closely involved in the coal mining sector over that time. Benjamin Wiley has advised on several of the largest mining-related M&A and IPO transactions involving Indonesian corporations. He joins GBCE from Standard Chartered Bank where he had been a Managing Director and head of the Metals & Mining business for Asia since 2009.
According to company’s note received by COALspot.com, his focus area will be on building the GBCE business in Indonesia.
“I am delighted to welcome Mr. Wiley as the new Managing Director. This appointment reflects our commitment to building a significant position in Indonesia’s coal industry with our coal upgrading technologies. Mr. Wiley brings with him a wealth of expertise and a presence built over many years advising Indonesian coal companies,” said Mr. Steve Chu, the International Vice Chairman of GBCE.
Commenting on his appointment, Mr. Wiley said:
“I am very excited at the prospect of leading GBCE’s growth in Indonesia. GBCE is the clear leader in the coal upgrading industry globally, having operated commercially on a full industrial scale for a considerable period of time. The company's core strength comes from its depth of in-house R&D and engineering talent. I believe GBCE has the potential to add tremendous value to Indonesia’s low rank coal resources.”
Mr. Wiley will assume his leadership role starting immediately, the company said in its note.
About GB Clean Energy Limited
GB Clean Energy develops and operates coal processing plants that upgrade low calorific value ("CV"), high moisture coals into high CV coals. The plants use GBCE’s proprietary LiMax technologies which produce high CV coals that will not re-absorb moisture and are transportable over long distances. GBCE’s plant in Inner Mongolia is the first coal upgrading plant to produce upgraded coals in commercial quantities, supplying power plants and other industrial users in Northern China.
For more information please visit company's website at: www. gbce.com
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Tuesday, 04 June 13
WOOD MACKENZIE SAYS THE CHINA'S THERMAL COAL DEMAND WILL REACH NEARLY 7BTPA BY 2030
COALspot.com - The Illusion of Peak Coal' says that despite efforts to limit coal consumption and seek alternative fuel options, China's strong ap ...
Saturday, 01 June 13
COAL PRICES STRUGGLE TO FIRM UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained 0.18 percent week on week and 0.03 percent ...
Saturday, 01 June 13
THE FREIGHT MARKET FOR S7 AND S8 SECTORS ARE EXPECTED TO BE SOFT - VISTAAR
COALspot.com – The freights are remains weak week ended 31 May 2013, as BDI fell 2.05 pct and closed at 809 points on 31 May 2013.
The Cape ...
Friday, 31 May 13
US PRODUCED 18.5 MILLION SHORT TONS OF COAL W/E 25 MAY 2013
COALspot.com – United states the world’s second largest coal producer produced totalled approximately 18.50 million short tons (mmst) of ...
Thursday, 30 May 13
HANDY: RBCT ROUND WAS AROUND USD 9K + 300 BB - FEARNRESEARCH
Handy
THE Atlantic market remained flat. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 12k. The Pacific market remained quiet with no ...
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