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Saturday, 26 September 09
SAIL TO SET UP TWO SLAG-BASED CEMENT MANUFACTURING UNITS
 Rediff Business reported that, Government-owned Steel Authority of India Ltd, the country's largest steel producer, is looking to set up two greenfield slag-based cement manufacturing units with a total capacity of 3 million tonnes through a joint venture.
"We will form two more joint ventures to set up cement plants at Rourkela and Burnpur. The Rourkela plant will have a capacity of 2 mt, while the Burnpur unit will have a capacity of 1 mt. The joint venture partners will be decided through a bidding process," Chairman S K Roongta told Business Standard.
New capacity creation for a million tonnes of cement usually requires an investment of Rs 350-400 crore (US$ 72,947,076 - 83,368,087), according to estimates by cement industry sources. Setting up of these two units with a total capacity of 3 million tonnes could require an investment of Rs 1,100-1,200 crore (US$ 229,262,240 - 250,104,262).
SAIL is already developing two cement plants at Bhilai and Bokaro through a joint venture with Jaiprakash Associates, which is a major cement player. The Bhilai plant, with a capacity of 2.2 mt, would be operational by mid - 2010. The Bokaro plant, with a capacity of 2 mt, is expected to begin cement production by July 2011.
In both of these joint ventures, SAIL has a 26 per cent stake. The proposed new joint ventures are also expected to have a similar holding structure.
Through concurrent expansions at its five integrated steel plants at Bokaro (Jharkhand), Bhilai (Chhattisgarh), Rourkela (Orissa), Durgapur and Iisco Steel Plant (both West Bengal), SAIL has targeted to step up its total steel production capacity from 14 mt to 23 mt by 2012.
This capacity expansion will result in a significant increase in the volume of slag, which is a byproduct. The slag-based cement plants will enable SAIL to find long-term solutions for the disposal of the byproduct generated at these plants.
The domestic cement industry has a capacity of about 226 mt. It is expected to add another 35-40 mt by the end of the year as most players are augmenting capacities. Cement consumption has been growing at double-digit rates month-on-month, mainly driven by the demand from rural and semi-urban areas. In August, for instance, the industry clocked a despatch growth rate of 17 per cent.
Source: Business Rediff
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Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...
Friday, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...
Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...
Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...
Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain
* Older coal loading facility seem unaffected so far
* UBS may cut valuation if disruption ...
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- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- The Treasury - Australian Government
- Planning Commission, India
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- VISA Power Limited - India
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
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