We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 28 August 15
BANPU STRENGTHENS GROWTH PLAN
 Coal Business: Asia-Pacific Synergies Increase Competitiveness for Premium Export Market.
Banpu Public Company Limited (BANPU) strengthens its growth towards sustainability, and creates added value for all stakeholders with business expansions covering a range of conventional and renewable energies across the Asia-Pacific. In the first half of 2015, the company’s sales revenues totaled USD 1,291 million (approximately THB 42,534 million*).
According to company’s note posted on company’s website, leveraging on its regional presence, the company fills the demand gap of high-quality coal with premium-grade blends based on its Indonesian and Australian reserves. In a broader perspective, Banpu has recently invested in multiple Japanese solar power projects, along with increasing the generating capacity of its power plants in China. As the Hongsa Power Project (HPC) begins to turn profits and will be at full capacity from Q2/2016 onwards, Banpu will also look for opportunities to invest in diverse power projects in the region.
“Thanks to our company-wide cost control effort and efficient cash flow management, the total cost of sales in the first half of 2015 reduced by 17 percent year on year, a saving of USD 171 million (approx. THB 5,233 million), to USD 865 million (approx. THB 28,494 million). So we are progressing into the second half with reliable growth. All projects are developing as planned,” said Ms. Somruedee Chaimongkol, Chief Executive Officer, Banpu Public Company Limited.
According to the note, the Banpu continues growing its power assets portfolio to cover a wider range of advanced conventional and renewable energies. The focus is on striking a balance considering economics, reliability, and environmental concerns. Banpu has invested in Japanese solar farms spread across the northern and central parts of the country with a total power generating capacity of 37 megawatts, equity-based.
“We are evaluating investment and acquisition opportunities in renewables throughout the Asia-Pacific, including China, India, and other ASEAN countries. These types of projects offer the advantage of a short lead time, plus short payback period. Banpu expects to scale up renewable power generation to 200 megawatts within a 3-year timeframe,” added Ms. Somruedee.
Over the course of the year, Banpu will continue its emphasis on improving productivity and reducing operating costs of its coal operations in Indonesia, Australia, and China, at the same time managing for price competitiveness and developing custom-quality blends for premium markets. By year-end 2015, Banpu expects its coal production output from Indonesia, Australia, and China to reach 48.5 million tonnes.
In the first half of 2015, Banpu’s coal production output from Indonesia reached 13.7 million tonnes. Australia’s Centennial Coal Co., Ltd., in which Banpu holds 100 percent equity, produced 7.4 million tonnes despite some mines undergoing care & maintenance schedules. Gaohe mine and Hebi mine in China, together produced 2.3 million tonnes, equity basis.
In China, Banpu’s coal operation productivity has been transformed over the past few years by leveraging the expertise of Centennial Coal’s knowledge and advance technology, resulting in a continuously improved annual production rate. Gaohe mine, for example, now produces as much as 10 million tonnes of coal a year, compared to six million tonnes in years earlier.
During the first half of 2015, coal business has generated gross revenue of USD 1,192 million (approx. THB 39,266 million), equivalent to 93 percent of the company’s total gross revenue. The company’s average selling price (ASP) was at USD 56.41 per tonne (approx. THB 1,851 per tonne).
“Banpu’s saleable reserves from all countries amount to approximately 600 million tonnes. We are ready to capture maximum value from price recovery, and continue exploring potential acquisitions in Indonesia and Australia to increase our reserves. A major determining factor is securing resources with the right fit to match our current product and marketing strategy as we aim to export to markets in need of high-quality blends, such as Japan, Korea, and Taiwan,” concluded Ms. Somruedee. (*Exchange Rate of USD 1 = THB 32.95)
About Banpu
Banpu is a coal-mining and power generation group with a presence in eight countries across the Asia-Pacific region: Thailand, Lao PDR, Indonesia, Singapore, Australia, China, Mongolia and Japan. As at 30 June 2015, Banpu’s assets totaled USD 6,657 million (approximately THB 224,863 million) while total liabilities were USD 4,329 million (approximately THB 148,339 million).
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 09 September 15
FOB INDONESIA COAL SWAP LOSE GROUND ON SLOWING DEMAND
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week.
The 4Q swap declined $ 1.92 (-4.52%) per t ...
Tuesday, 08 September 15
FOB RICHARDS BAY COAL SWAPS CONTINUE TO SHOW DECLINING TREND
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined week over week and month over month.
The 4Q swap was down US$ ...
Tuesday, 08 September 15
GANGAVARAM PORT IN INDIA DISCHARGES RECORD 112,599 MT OF STEAM COAL IN 24 HOURS
COALspot.com: Gangavaram Port, an all weather, multipurpose port with water depth up-to 21 meters, capable of handling fully laden Super Cap ...
Monday, 07 September 15
THE MINE OF THE FUTURE WILL HAVE ONLY TWO EMPLOYEES, A MAN AND A DOG - SCOTT MCGOWAN
"The Technology and Innovation in Mining 2015" production team at Information Exchange Group interviewed Scott Mcgowan, Director, Global ...
Monday, 07 September 15
FOB NEWCASTLE COAL SWAP FOR Q2' 16 DELIVERY CLOSED US CENTS 25 LOWER COMPARED TO Q4' 15
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery declined $0.73 per MT (-1.68%) month over month to US$ 42.65 per mt. The sw ...
|
|
|
Showing 2826 to 2830 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
|
| |
| |
|
