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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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Wednesday, 12 March 14
DRY BULK VESSELS STILL THE CREAM OF THE CROP FOR SHIP OWNERS
Dry bulk carriers have remained the most popular vessel type among ship owners as proven by the sheer number of second hand vessel sales and new ...
Tuesday, 11 March 14
HOLD HARMLESS CLAUSES ARE NOT ALWAYS MUTUAL! - ITIC
KNOWLEDGE TO ELEVATE
ITIC provides an insurance related contract review service to all of its members. As the leading professional indemnity i ...
Tuesday, 11 March 14
NEWCASTLE SHIPPED 6.98% LESS COAL WEEK ON WEEK
COALspot.com: In the week ended 10 March 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 2 ...
Tuesday, 11 March 14
INDONESIAN SUB-BITUMINOUS COAL SWAPS CONTINUES TO FALL
COALspot.com – Indonesia, the world’s largest exporter of the thermal coal's swaps for delivery April - June 2014 slip again thi ...
Monday, 10 March 14
API 8 CFR SOUTH CHINA COAL SWAPS LOST 4.28 PERCENT MONTH ON MONTH FOR Q2 DELIVERY
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 4.28 percent month on month and closed at US$ 73.97 per mt as on Fr ...
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- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
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