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Tuesday, 25 February 14
GBCE, A COAL UPGRADING TECHNOLOGY DEVELOPER, APPOINTS RICHARD BULMAN AS PROJECT DIRECTOR
 Press Release: GB Clean Energy Ltd. (GBCE) announced today the appointment of Richard Bulman as Project Director. In this capacity Mr. Bulman will have overall responsibility for coordinating the design, construction and operation of GBCE's LiMaxTM coal upgrading plants in Indonesia. Mr. Bulman previously managed coal preparation and quality management for coal projects in Indonesia for BHP Billiton and coal preparation optimization for coal projects at Worley Parsons.
Mr. Bulman has over 40 years experience in coal mining, analysis, handling and processing and spent 8 years in Indonesia evaluating and managing coal preparation projects. He has in depth experience with Indonesian coal and is expert in managing local conditions to meet the requirements of the market.
GBCE Indonesia has exclusive rights for Indonesia to the LiMaxTM coal upgrading technology developed and owned by its parent company GB Group (www.gbce.com).
LiMaxTM is the only coal upgrading technology in the world proven to produce a coal capable of competing in the seaborne market. The LiMaxTM technology is a low cost, additive-free, pyrolitic process which converts high moisture, low calorific value coal into high calorific value coal. The end product is a natural coal rock which is completely hydrophobic and retains the non-friable characteristics of the feedstock coal so it can be extensively rehandled and transported long distances. GBCE's first full industrial scale LiMaxTM plant has been operating successfully in China since mid 2012 serving third party repeat customers. In 2013, GBCE successfully upgraded 3000 tons of Sumatran coal at its plant in China.
GBCE Indonesia is currently in discussions with various Indonesian coal mining companies regarding potential joint ventures to develop LiMaxTM plants at their mines. Mr. Bulman will play a key role in building this business.
Mr. Steve Chu, GBCE Indonesia's Chairman said, "We are delighted to welcome Richard as part of the GBCE team. We are now able to provide not only the world’s best coal upgrading technology to our partners in Indonesia, but also the expertise to optimize our mining and upgrading operations to deliver the highest quality coal products."
Mr. Bulman said, "I am very excited to join the GBCE team. Our LiMaxTM technology is a truly significant milestone in the development of the coal industry and I am looking forward to working with my engineering colleagues at GBCE to turn this into a significant business in Indonesia. "
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Monday, 28 July 14
Q3' 14, SUB-BIT FOB INDONESIA COAL SWAP GAINED $ 0.08 DAY ON DAY AND $ 0.68 WEEK ON WEEK
COALspot.com: Indonesian coal swaps for average Q3’ 2014 increased by just US$ 0.08 day on day and US$ 0.68 week on week. The swap was lost U ...
Monday, 28 July 14
S. KOREA'S KOSPO SEEKS 148K T OF 4700 NAR COAL
COALspot.com: Korea Southern Power Co Ltd (KOSPO) is seeking 148,000 tonnes of 4,700 kcal/kg NCV steaming coal for shipment between October to Nove ...
Monday, 28 July 14
CFR SOUTH CHINA COAL SWAP SLIGHTLY UP WEEK ON WEEK
COALspot.com: Coal price falling is continues as the impact oversupply and lower demand. The swap for Q3, Q4 and Q1 2015 showing slight improvement ...
Sunday, 27 July 14
RAMADAN HOLIDAYS IN INDONESIA PUTTING PRESSURE ON CHARTER RATES FROM INDONESIA - VISTAAR INDIA
COALspot.com: The freight rates were almost steady as very slight improvement in BDI by about 1 pct. The BDI was at 739 points after improvin ...
Saturday, 26 July 14
COAL MINING COMPANIES CLOSED TEMPORARILY - THE JAKARTA POST
The Sarolangun regency administration in Jambi has suspended the operations of 10 coal mining companies in line with a circular issued by Regent Ce ...
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