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Tuesday, 02 June 20
TUAH TURANGGA AGUNG RECORDED 4.54 MILLION TONS OF COAL SALES IN THE FIRST FOUR MONTHS OF 2020
 PT United Tractors Tbk through its subsidiary, PT Tuah Turangga Agung recorded 4.54 million tons of coal sales in the first four months of 2020, up 3.46 million tons compared to the same period last year. Based on the United Tractors operational report for the April period, the company sold 1.57 million tons in April 2020, up from the previous month's 1.3 million tons, Dunia Energi reported.
As quoted by Dunia Eneri, Frans Kusuma, President Director of United Tractors, said demand for high-calorie coal is expected to remain stable in 2020, although prices have not yet improved. "The best strategy in conditions of price uncertainty is to be cost efficient in all operational lines," Frans was quoted as saying in the United Tractors annual report.
Coking coal mining will be one of the company's leading portfolios in the future. Continued working to increase market share through marketing strategies and increasing production capacity, said Frans, the media said.
Dunia Energi further noted that, In 2019, Tuah Turangga posted revenue of IDR 10.7 trillion, up 6% compared to the previous year of IDR 10 trillion. The revenue was obtained from the sale of 8.5 million tons of coal, up 21% compared to 2018 of 7 million tons. Of the total coal sales, coking coal accounts for around 14%.
To become a global coal trader, Tuah Turangga formed a strategic partnership by establishing a joint venture company with Itochu, Cipta Coal Trading Pte, Ltd. for coking coal sales in 2018. In 2019, the company formed a partnership with Sumitomo to form AEGIS Energy Trading Pte.Ltd for sales of thermal coal for the export market said Dunia Energi.
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Wednesday, 09 September 20
MARKET INSIGHT - INTERMODAL
The uneventful summer lull which is coming to an end soon has left its stigma on the newbuilding market, which has already been devastated by the g ...
Saturday, 05 September 20
INDIA WON'T KICK ITS COAL HABIT SO EASILY - HINDU BUSINESS LINE
India has traditionally considered itself lucky to have been endowed with abundant coal reserves, which it has sought to use to meet its energy nee ...
Saturday, 05 September 20
FINANCING COMPLETE FOR 900MW FIFTH PHASE OF MASSIVE DUBAI SOLAR PARK: ARABIAN BUSINESS
Saudi-based ACWA Power on Thursday announced it has completed the signing of all financing agreements for the fifth phase of the Mohammed bin Rashi ...
Saturday, 05 September 20
POLISH COAL DEMAND EXPECTED TO FALL BY 7 MLN TONNES NEXT YEAR: MINISTER - REUTERS
Poland’s demand for coal is expected to fall by around 7 million tonnes next year, or more than 10% of annual hard coal production, after a d ...
Saturday, 05 September 20
PAKISTAN'S NEW 27-YEAR POWER PLAN RISKS LOCKING IN LONG-TERM OVERCAPACITY, LEAVING IMPORTED COAL AND LNG PLANTS STRANDED - IEEFA
Wind and solar, the country’s cheapest source of new generation, also overlooked
Pakistan risks locking itself into building m ...
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- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
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