We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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 costs due to an 11 per cent increase in coal price by state-owned Coal India (CIL).
Leading players such as ACC, Ambuja Cements, J K Cement and Shree Cement are unlikely to pass on the burden of increased coal price to consumers as the firms are leaving the rates to be decided by 'market forces'. Cement manufacturers depend heavily on coal to power their plants.
"There is no chance of a price increase right now. It will depend on the movement of the market...But because of the move (by CIL), cost of cement production will go up by about 5 per cent," Cement Manufacturers Association President H M Bangur told PTI.
Bangur, who is also the managing director of Shree Cement, however, added that the companies have to decide whether this burden will be passed on to consumers or be absorbed.
The country's largest cement producer ACC said the industry is not a "cost plus" one and prices that the players can realise from the market depend on demand-supply scenario.
"Our ability to pass on such administered cost increase do not depend on our wish to do so, but on market realities," ACC Managing Director Sumit Banerjee said.
He said if at all there is a price increase, it cannot be the same across the country, but will vary from town to town and district to district.
ACC requires about 4.5 million tonnes of coal every year, of which about 55 per cent are linkage coal procured from public sector coal firms, he said adding that CIL's move to increase coal prices may also lead to a surge in the rates of the fuel in open market.
Ambuja Cements also said cement prices are unlikely to be revised upward as demand has fallen, mainly on account of heavy rains at many places last month.
"Prices are declining in South after heavy rains in Andhra Pradesh, Karnataka and other states. It is under pressure in Uttar Pradesh... Also people do not undertake construction activities during festive season...There is slump in demand," Ambuja Cements Managing Director A L Kapur said.
The firm procures 40-50 per cent of its coal requirements from CIL.
J K Cement Group Executive President R G Bagla said the company is unlikely to hike the rates at present as price movement is dependent on market forces.
After a gap of two years, CIL had hiked coal prices by an average 11 per cent last week.
Source: Business-Standard
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...
Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...
Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...
Wednesday, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT
China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand i ...
|
|
|
Showing 6336 to 6340 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Australian Coal Association
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- VISA Power Limited - India
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Baramulti Group, Indonesia
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Economic Council, Georgia
- Trasteel International SA, Italy
- White Energy Company Limited
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
|
| |
| |
|
