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Thursday, 06 August 09
PRESS RELEASE - CZECH COAL CONTESTS THE J&T AND IPO MERGER
Prague, 3 August 2009 - The Czech Coal Group filed today objections to the proposed merger of the J&T Group and International Power Opatovice (IPO) with Úøad na ochranu hospodáøské soutìe (ÚOHS, Office for the Protection of Competition). Since also the ÈEZ and Dalkia groups are participating in the acquisition of control over IPO in addition to J&T, the European Commission is competent to assess this merger by the European legislation’s turnover criteria rather than ÚOHS.
“It is no longer possible to ignore the tide of oligopoly power sweeping over the Czech energy market, which, moreover, is backed by the State as the majority owner of dominant ÈEZ,” says Petr Pudil, Czech Coal a.s. Chairman and CEO. “The above groups’ jointly taken steps are capable of deepening the imbalance on the market of electrical energy generation and on the brown coal market even further,” explains Petr Pudil. According to Czech Coal’s analysis, the merger poses threat to competition on the relevant markets and also to the consumers’ interests on the domestic as well as European scale.
The Czech Coal Group includes Czech Coal a.s., a trader in energy commodities, mainly brown coal, electrical energy and greenhouse gas emissions allowances, and Litvínovská uhelná a.s., which holds the largest volume of coal reserves in the Czech Republic, Vršanská uhelná a.s., whose coal reserves within the mining limits will last until 2058, Czech Coal Services, a.s., which provides shared service to the extraction companies, and a number of other service companies. REN Power CZ, a.s., a leading Czech investor in renewable energy sources, was included into the Group this year.
Contact: Libìna Novotná Spokesperson Czech Coal a.s. Tel.: +420 476 203 140 GSM: +420 602 230 795 l.novotna@czechcoal.cz www.czechcoal.cz
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Monday, 17 August 09
COAL IMPORTS SURGE IN H1
China is one of the world's leading coal producers. But even so, imports of coal have surged in the first half of the year, hitting a record in Jun ...
Monday, 17 August 09
CHINESE COAL PURCHASE COULD START A TREND
ABC Rural reported that, The takeover of a major Australian coal mining company by Chinese-owned Yanzhou has raised fears coal markets could be domi ...
Saturday, 15 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The dry bulk market continued to be soft in the beginning of the week, however towards to end of the week the BDI recovere ...
Friday, 14 August 09
ASIA GREEN TO SELL MORE COAL
I Stock Analyst reported that, Asia Green Energy Plc (AGE) aims to increase its coal sales by 20 percent to 1 million tonnes this year, given the gl ...
Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look f ...
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- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Planning Commission, India
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- PTC India Limited - India
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
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