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Thursday, 05 November 09
HMS BERGBAU AG OPENING INDIAN OFFICE
 Further step on internationalization track Office in Mumbai Participation in demand for coal imports
HMS Bergbau AG, is an international coal trading group with operating expertise in coal production, logistics and trading. Today the company announced that it is expanding its international trading activities into Mumbai, India.
The company has opened an office in Mumbai with its local partner Growell Resources & Management Pvt. Ltd. Growell was established in 1992 by Ashok Ghandi and has been trading commodities, chemicals and fertilizers successfully since then. The objective of the cooperation is to facilitate imports to India and to offer superior customer service on the ground. Borth companies are able to contribute their extensive expertise to the cooperation. While Growell is contributing its extensive network of large-scale customers and the SME sector in India, HMS Bergbau in particular is offering its know-how in coal sourcing from Indonesia and South Africa as well as international logistics.
Both parties are confident that together they will be able to participate to a much greater extent in the fastest growing coal import market.
'Global steam coal trade has quadrupled in the past 30 years and is currently seeing annual growth rates of between five and nine percent. India is developing into one of the largest coal importers worldwide. Despite high domestic production, India is a net coal importer because of its own energy consumption and in the past few years has had to increase coal import volumes considerably. We believe that this trend in the world's second most populous country will continue in the coming years.
This is mainly due to India's mounting demand for electricity,' explains Heinz Schernikau, CEO of HMS Bergbau AG.
About HMS Bergbau AG: Berlin-based HMS Bergbau AG is an independent coal trading house specializing in just-in-time deliveries of thermal coal to power plants and other industrial consumers. The company is one of the leading coal trading companies in Germany and markets its products to renowned consumers worldwide. HMS is actively expanding its activities to span coal production and logistics solutions primarily in Asia and Eastern Europe.
In addition, the company is developing environmental technologies, in particular concerning underground CO2 capture and storage (CCS technology). HMS has been listed at Germany's Frankfurt Stock Exchange since December 2008.
Source: Ad-Hoc-News
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Thursday, 12 November 09
GANGAVARAM PORT SETS RECORD BY DISCHARGING 80,514 TONNE OF COAL CARGO
Gangavaram Port, the deepest port in the country with water depth of 20 meters, has achieved an unprecedented milestone by discharging 80,514 metric ...
Thursday, 12 November 09
FOREIGN INVESTMENT IN RUSSIAN COAL SECTOR
Reuters reported that, Russia's coal mines, particularly in the Arctic and Far East, are attracting interest from foreign investors as commodity pr ...
Thursday, 12 November 09
BANPU TO INVEST US$ 466 M
Plan targets 33.5m tonnes of coal per year
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is planning capital investments of ...
Wednesday, 11 November 09
NORTHSTAR TAKES 40 PER CENT OF INDONESIAN MINING COMPANY
AltAssets reported that, PT Northstar Pacific Partners, the Indonesian affiliate of US private equity firm TPG, has taken a 40 per cent stake in Ind ...
Wednesday, 11 November 09
INDONESIAN COAL MINERS SOLD BIG VOLUMES OF 2010 TO CHINA
* China has scooped up large volumes of Indonesian coal
* Total exports to China in 2010 seen to exceed 20 million T
* Chinese, Indian demand may ...
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- OPG Power Generation Pvt Ltd - India
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- Barasentosa Lestari - Indonesia
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- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
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- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- VISA Power Limited - India
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- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
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- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
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- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
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- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
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- IEA Clean Coal Centre - UK
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- Heidelberg Cement - Germany
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- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
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- Minerals Council of Australia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
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- Orica Australia Pty. Ltd.
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- Electricity Generating Authority of Thailand
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- Central Electricity Authority - India
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
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- The Treasury - Australian Government
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- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
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- PowerSource Philippines DevCo
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- Price Waterhouse Coopers - Russia
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- European Bulk Services B.V. - Netherlands
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- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
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- Karbindo Abesyapradhi - Indoneisa
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- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
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- Cigading International Bulk Terminal - Indonesia
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- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Ambuja Cements Ltd - India
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- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
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- Kartika Selabumi Mining - Indonesia
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- Chamber of Mines of South Africa
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- Banpu Public Company Limited - Thailand
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- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
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- Intertek Mineral Services - Indonesia
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- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
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- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
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- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
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