We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 13 October 17
INDIKA ENERGY SIGNS SHARE PURCHASE AGREEMENTS FOR AN ADDITIONAL 45% STAKE IN KIDECO
.jpg) PT Indika Energy Tbk. and its wholly-owned subsidiary PT Indika Inti Corpindo (collectively, “Indika Energy”) has entered into separate Share Purchase Agreements in 2nd half of September 2017 with each of Samtan Co., Ltd. and PT Muji Inti Utama, respectively, to purchase 40.0% of PT Kideco Jaya Agung (“Kideco”) from Samtan and 5% of Kideco from Muji for an aggregate total consideration of US$677.5 million.
Kideco is third largest coal mine Indonesia and export its coal to around 12 countries worldwide KIDECO is producing more than 40 million tons of Medium calorific coal with very low sulfur content of 0.1% as well as a low ash content of 2.5%.
According to the company’s press release issued 2nd part of September, subject to fulfillment of terms and conditions, upon closing, Indika Energy will become the majority shareholder with 91% equity ownership and Samtan will retain a 9% stake. Indika Energy has built an integrated business portfolio in energy resources, services, and infrastructure. “With its substantial coal reserves, resources, and operational excellence, Kideco will continue to serve as Indika Energy's sustainable growth foundation. This transaction will further strengthen Indika Energy’s position in the energy business value chain,“ said Arsjad Rasjid, President Director and Group CEO of Indika Energy.
With the assumption of control of Kideco, Indika Energy will further enhance synergies within its group subsidiaries such as its contract mining company, PT Petrosea Tbk. and coal transportation and logistics company, PT Mitrabahtera Segara Sejati Tbk.
The transaction is expected to complete in the fourth quarter of 2017, subject to satisfactory fulfillment of the terms and conditions, as well as regulatory approvals set out in the Share Purchase Agreements.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 20 September 17
SHIPPING MARKET INSIGHT - INTERMODAL
An undoubtedly interesting market lately is the newbuilding market, in which we are witnessing numerous orders across all sectors and sizes. At the ...
Monday, 18 September 17
COAL PRICES WERE RELATIVELY UNCHANGED WEEK OVER WEEK - ANZ
COALspot.com: Coal prices were relatively unchanged, with most interest remaining in the thermal coal market said Daniel Hynes. However, falling st ...
Monday, 18 September 17
PROSPECTS ARE NOT SO CLEAR CUT FOR COAL - CLARKSONS
Prospects are not so clear-cut for coal. According to Clarksons, coal has been a key energy source since the Industrial Revolution and in 2016, ste ...
Friday, 15 September 17
U.S WEEKLY COAL OUTPUT DROPS FOR THE THIRD WEEK IN A ROW, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Thursday, 14 September 17
THE FIRM COAL TRADE IS SUPPORTING SUPRAS; FIXING AROUND LOW $13000 WITH DELIVERY THAILAND - FEARNLEYS
Supramax
This week has brought Supras firm rates and numerous orders. Scrap orders from Cont to Med still pay $11000 and Fertilizer from Baltic t ...
|
|
|
Showing 1936 to 1940 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Planning Commission, India
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- MS Steel International - UAE
- White Energy Company Limited
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
|
| |
| |
|