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Thursday, 12 November 09
INDONESIA'S BUMI COAL PRODUCTION TO INCREASE
The sale is predicted to jump 14 percent to 58 million tons.
Viva News reported that, PT Bumi Resources Tbk. (BUMI) projected that the company's earnings before interest, tax, depreciation and amortization (EBITDA) in 2009 will be close to the EBITDA in 2008, which is caused by the growing volume of production and sales as well as cost efficiency.
Bumi Resources Investor Relations Senior Vice President Dileep Srivastava said that the company’s coal production volume in 2009 is predicted to grow around 17.5 percent compared to the production volume in 2008.
Meanwhile, the sale is predicted to jump 14 percent to 58 million tons of a previous 51.5 million tons.
“With a satisfying selling price, Bumi is confident to reach a good EBITDA,” Srivastava said to VIVAnews in Jakarta on Wednesday night, Nov. 11.
He explained that the company’s products average selling price in 2009 reaches US$ 60.61 per ton of coal. The selling price is lower than the price in 2008, reaching US$ 73 per ton. Meanwhile, the selling price in 2007 only reached US$44 per ton.
In 2007, the company’s profit was boosted hitting US$ 317 million due to the asset selling of PT Arutmin Indonesia and PT Kaltim Prima Coal (KPC).
“We are convinced that we can have higher profit [than 2007 profit] in 2009,” he added.
Source: Viva News
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Tuesday, 08 December 09
RICHARDS BAY COAL SHIPMENTS FELL 11% IN NOVEMBER FROM YEAR AGO
Coal exports from South Africa’s Richards Bay, site of the continent’s largest export terminal for the fuel, fell 11 percent in November ...
Tuesday, 08 December 09
HIGH GLOBAL COAL PRICES HIT POWER PROJECTS
Spot prices for the fuel have appreciated almost 10% in November.
After a sedate year, rising coal prices could hit the coffers of import-based d ...
Monday, 07 December 09
HOW INDIA CAN CUT ITS ENERGY NEEDS BY 20%!
Using energy more efficiently can reduce our energy needs by one fifth; it is a strategy we must pursue even as we promote renewables, says Kirit Pa ...
Monday, 07 December 09
ASIA COAL POWER IN INDONESIA DISCUSSES NEW MINING LAW, COAL AND POWER SECTORS AS INVESTMENTS POUR INTO COALMINES TO SECURE SUPPLIES
COALspot.com (Singaproe): Press Release - Asia Coal Power pinpoints growing power demand in Asia & Power sector investments in Indonesia's coal ...
Monday, 07 December 09
DRY BULK RATES' VOLATILITY TO STAY, BUT RECOVERY IS UNDERWAY SAYS ION VAROUXAKIS HEAD OF FREESEAS
In an interview with Hellenic Shipping News, Mr. Ion G. Varouxakis, Chairman of the Board, President and CEO of Nasdaq-listed Freeseas, explains why ...
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- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Bhatia International Limited - India
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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