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Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
 The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indominco mine and the Gaohe mine in China
"We plan to boost our production by 12 to 15 per cent from our target of 20.5 million tonnes for this year in a bid to serve increasing demand once the global economy picks up," said chief executive officer Chanin Vongkusolkit.
The Gaohe mine, in which Banpu holds 45 per cent, is expected to start operation in the second half of 2010 with a target production of 1 million tonnes. The mine will have full production capacity of 6 million tonnes by 2013.
The company expects to maintain coal sales at 20.5 million tonnes this year even though it only sold 8.6 million tonnes in the first six months.
Its average coal price in 2009 would be around US$71-$72 (Bt2,378-Bt2,411) per tonne, he said.
Banpu targets revenue of Bt57 billion this year, a slight increase on Bt56.83 billion in 2008. In the first half of this year, it generated revenue of Bt33.07 billion. Profit rose to Bt8.78 billion, slightly less than the profit for the whole of 2008, at Bt9.23 billion.
"We performed well in the first half thanks to the rising coal price. Despite the downward trend of the coal price in the second half, we are confident that our performance this year will be better than last year, and that we will hit our revenue target of Bt57 billion if the baht doesn't fluctuate too much," he said.
The coal price is expected to rise in the fourth quarter thanks to the global economic recovery and higher demand in winter.
Chanin added that robust economic growth in China and India would be a main factor pulling up global coal consumption in the coming year.
On a possible move by Banpu to diversify into the alternative energy business, including ethanol production and wind energy, Chanin said no final decision had yet been made because of the complicated issues of technology and environmental regulations.
"Over the next five years, we will focus on our coal operation, which is our core business. However, we see alternative energy as investment choices that would support sustainable development," he added.
Source: The Nation
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Monday, 19 October 09
CEMENT UNLIKELY TO COST MORE DESPITE COAL PRICE HIKE
Business-Standard reported that, Cement manufacturers will not immediately hike prices of the construction material, despite a surge in their input ...
Saturday, 17 October 09
US COAL MINERS LOOKING AT LOWER PROFITS
Most US coal miners are looking at sharply lower third-quarter earnings, but those that produce coal for steelmaking and export should enjoy higher ...
Friday, 16 October 09
INDONESIA EXPORTED 19,194,857 MT OF COAL IN SEPTEMBER 2009 - SOURCES
COALspot.com (Indonesia): Indonesia exported 19,194,857 MT of coal in September 2009. Out of total exported quantity, South Korea imported abou ...
Friday, 16 October 09
NAVIGATING THROUGH STORMY WATERS
To Theodore E Veniamis, the President of the Union of Greek Shipowners, the current turmoil in world shipping is due to the cyclical nature of marit ...
Friday, 16 October 09
COAL INDIA RAISES PRICE BY 11%
Trak reported that, State-owned Coal India Ltd (CIL) has raised the price of coal produced by its subsidiaries by an average of 11 percent effective ...
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- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- White Energy Company Limited
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
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- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
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- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
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- Sree Jayajothi Cements Limited - India
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- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Bhushan Steel Limited - India
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
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