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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).
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Monday, 17 August 15
CFR SOUTH CHINA COAL SWAPS CONTINUE TO HEAD SOUTH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US cents 40 (1.05%) per MT month over month.
A commodi ...
Sunday, 16 August 15
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO STEADY NEXT WEEK
COALspot.com: The BDI softened 12.08 per cent to 1055 points this week due to weakening of cape index which was fell 25 per cent week over week to ...
Friday, 14 August 15
FOB INDONESIA COAL SWAP SHOWING NO MOVEMENT THIS PAST WEEK
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week, this past week.
The 4Q swap was declined $ ...
Friday, 14 August 15
U.S. COAL PRODUCTION UP 2.9 PER CENT THIS WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.2 million shor ...
Friday, 14 August 15
CONDITIONS AND COMPLEXITIES IN A TRIPARTITE AGREEMENT: BE SPECIFIC! - INCE & CO
KNOWLEDGE TO ELEVATE
A tripartite agreement reached between the Owners, the Shippers and the Receivers provided that demurrage be paid to the ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
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