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Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned coal mining company, is planning to build an additional coal loading conveyor in Tarahan coal terminal or new coal loading terminal in Lampung. The new terminal can accommodate Cape size vessels for loading. The existing facilities of PT Bukit Asam can accomodate panamax vessels or up to 70000 DWT vessels for loading.
The new terminal or conveyor is expecting to commission its operation by 2012. The coal production will also expecting to increase to 50 million ton per annum by 2015 when the new double track railway line is ready to move more cargo from its new and existing coal mines.
PT. Bukit Asam Transpacific Railway a joint venture company between, PT. Bukit Asam, PT. Transpacific Railway Infrastructure and China Railway Engineering Corporation which will be in charged to build and operate the new railway track to move exclusively Bukit Asam coal from its new coal mines. The mines are expecting to start operation by 2013 – 2014.
The total investment of railway line would be around US$ 1.06 billion.
During period of January – September 2009, PT. Bukit Asam’s sales revenue increased 32% to IDR 6,554.89 billion, mainly due to an increase in selling price. However the company’s sales volume for the same period decreased by 6.7% to 8.73 million tons compare to 9.35 million tons in the same period in 2008.
The period of January – September 2009, the company’s Gross profit Margin was 58.5% and Operating profit margin and net profit margin were 45.2% and 34% respectively or increased from 49.6%, 35.6% and 26.6% respectively in the same period in 2008.
PT. Bukit Asam, one of the well performed government owned public limited company in Indonesia is targeting No.1 coal producer position by 2015 when they are ready with an additional infrastructure and an new operative coal mines.
PT. Bukit Asam also planning to invest in 4 X 600 MW power plants in Banko Tengah area, joint venturing with a Chinese company.(cs)
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Thursday, 24 December 09
EUROSEAS LTD. ANNOUNCES TWO-YEAR TIME CHARTER AGREEMENT FOR PANAMAX BULK CARRIER
Euroseas Ltd., an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerize ...
Wednesday, 23 December 09
INDONESIA POWER CHIEF TO BUILD PLANTS OUTSIDE JAVA
Indonesia's state electricity firm plans to build new power plants outside Java island with a combined capacity of around 2,000 megawatts to resolv ...
Wednesday, 23 December 09
BUKIT ASAM SEES CHINA COAL DEMAND BOOST
* Rebound in prices to have pushed up 2009 revs
* To more than double Tarahan port capacity
Reuters reported that, Indonesian state-owned coal m ...
Wednesday, 23 December 09
MACARTHUR COAL OFFERS TO BUY RIVAL GLOUCESTER
Queensland-based Macarthur Coal will offer to buy fellow Australian Gloucester Coal, in a move to add two new mines and increase coal resources.
...
Tuesday, 22 December 09
CHINA CONTRACTED COAL PRICE FOR 2010 SEES SLIGHT INCREASE
A number of coal and power enterprises have concluded their annual power-coal supply contracts for 2010, and the contracted coal price saw slight in ...
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- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- The University of Queensland
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
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