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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-$72 (Bt2,378-Bt2,411) per tonne, he said.
Banpu targets revenue of Bt57 billion this year, a slight increase on Bt56.83 billion in 2008. In the first half of this year, it generated revenue of Bt33.07 billion. Profit rose to Bt8.78 billion, slightly less than the profit for the whole of 2008, at Bt9.23 billion.
"We performed well in the first half thanks to the rising coal price. Despite the downward trend of the coal price in the second half, we are confident that our performance this year will be better than last year, and that we will hit our revenue target of Bt57 billion if the baht doesn't fluctuate too much," he said.
The coal price is expected to rise in the fourth quarter thanks to the global economic recovery and higher demand in winter.
Chanin added that robust economic growth in China and India would be a main factor pulling up global coal consumption in the coming year.
On a possible move by Banpu to diversify into the alternative energy business, including ethanol production and wind energy, Chanin said no final decision had yet been made because of the complicated issues of technology and environmental regulations.
"Over the next five years, we will focus on our coal operation, which is our core business. However, we see alternative energy as investment choices that would support sustainable development," he added.
Source: The Nation
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Sunday, 04 October 09
GOVT THREATENS TO CANCEL COAL BLOCK ALLOTTED TO BINANI CEMENT
Economic Times reported that, The government has threatened to cancel a coal block allocated for captive use to Binani Cement saying the company see ...
Saturday, 03 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The BDI firmed up this week by almost 8 pct to 2,357 points , the main reason being jump in Cape size index by almost 22 p ...
Friday, 02 October 09
C&O SEES INDONESIA COAL PURCHASES UP 20 PCT IN 2010
Reuters reported that, Dubai-based coal trader Coal & Oil (C&0) expects its coal purchases from Indonesia to increase by at least 20 percent ...
Thursday, 01 October 09
MJUNCTION LAUNCHES INDIA'S FIRST COAL SPOT PRICE INDEX
• Named 'MJcomposite, MJsteel, MJcement, MJpower' the value weighted index will benefit Indian coal buyers by minimising risk against pr ...
Wednesday, 30 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...
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- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- White Energy Company Limited
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- The University of Queensland
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
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