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Wednesday, 04 November 09
BINANI HOPES TO BUY INDONESIAN COAL MINE IN 2-3 MONTHS
 "We are still negotiating, but hope to conclude the deal in the next two to three months," Binani Cement Managing Director Vinod Juneja told PTI.
Binani Cement, which has 6 million tonnes installed capacity now, needs to import 6-7 lakh tonnes of coal to feed its plants in a year.
The company also plans to put up a 2.5 million tonnes per annum clicker plant in Gujarat with an investment of Rs 800 crore and is awaiting for the state government's mining policy to take the plan forward.
Juneja said the company was looking to acquire a mine, which might meet 70-80 per cent of its total coal demand for 10-20 years.
Binani Cement plans to put up a subsidiary in Singapore which would take the company's acquisition plan forward, he said.
Juneja said the company has chalked out a plan to double its cement capacity in the next two years through organic and inorganic routes.
"We are looking for acquisition. We have appointed an investment banker which is doing the due diligence for a target in Turkey," Juneja said, declining to give further details.
Juneja said the Indian cement industry may is witness margins getting squeezed if the coal and energy prices go up further.
"Margins till September has improved, but it will come down if coal and energy prices escalate. However, if petroleum prices go up, coal prices will also increase."
Binani's current capacity utilisation stood at 95 per cent, he said and hoped the company would be able to maintain the tempo in the remaining period of the current fiscal as the demand for cement from North India would remain firm till the end of the Commonwealth Games in October next year.
Source: Business-Standard
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Wednesday, 07 October 09
WORLD'S LEADING COAL-BASED PP PROJECT TO BEGIN TRIAL PRODUCTION NEXT YEAR IN NW CHINA
Xinhua Net reported that, a coal-based polypropylene (PP) production project in northwest China, believed to be the world's largest one, is to ...
Wednesday, 07 October 09
INDIA SAIL TO IMPORT 10-11 MLN T COAL IN FY10 - EXEC
Reuters reported that, Steel Authority of India Ltd plans to import 10-11 million tonnes of coal in the current year to March, below last year's 13 ...
Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station ...
Wednesday, 07 October 09
CHINESE BANK MAY PULL OUT OF SUMATRA COAL RAILWAY
The Jakarta Globe reported that, The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned ...
Wednesday, 07 October 09
COAL INDIA LOOKS AT LONG-TERM PRICE CONTRACTS
Economic Times reported that, Coal India is looking at long-term price contracts, of at least three-four year periods, with foreign entities, 54 of ...
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- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
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- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- VISA Power Limited - India
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Economic Council, Georgia
- The University of Queensland
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
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- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
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- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
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- London Commodity Brokers - England
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- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
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- Global Green Power PLC Corporation, Philippines
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- Independent Power Producers Association of India
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