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Thursday, 30 April 09
SAN MIGUEL IN TALKS TO BUY STAKE IN ADARO - REUTERS
San Miguel Corp is in talks to buy a stake worth about $500 million in Adaro Energy , Indonesia's largest coal producer by market value, the Philippine conglomerate's president said on Wednesday.
It will be the second time that San Miguel has attempted to buy a stake in an Indonesian coal firm, after earlier talks to take a majority stake in the Southeast Asian country's top miner PT Bumi Resources fizzled out.
"Yes, in talks with Goldman," San Miguel president Ramon Ang told Reuters when asked if Southeast Asia's biggest food and beverage firm was among possible buyers of the stake up for sale in Adaro.
Ang declined to say how big a stake San Miguel plans to buy.
Goldman Sachs, Citigroup and hedge fund Farallon were looking to sell around 17 percent of Adaro Energy to strategic investors, sources told Reuters earlier this month.
The sale was expected after a lockup period ended in March for financial sponsors, which included the three financial groups, which had participated in Adaro's $1.3 billion initial public offering last year, analysts had said.
Goldman Sachs, with a 9.94 percent stake in Adaro, is coordinating the sale of the shares, one source with direct knowledge of the matter said two weeks ago.
Goldman Sachs was adviser to San Miguel in the Manila-based conglomerate's ambitious diversification plan, which resulted in San Miguel's purchase of 27 percent of utility Manila Electric Co last year, a planned telecommunications venture, and a pending purchase of majority of oil refiner Petron Corp.
San Miguel is diversifying away from its traditional food and beverage business to fuel future growth.
Analysts said investors may want to sell out of Adaro given the uncertainty over coal prices amid an economic downturn.
Source: http://in.reuters.com/article/innovationNews/idINTRE53S47R20090429?sp=true
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Thursday, 25 November 10
INDONESIAN ROUNDS ARE ACHIEVING IN THE LOW 10S, OWNERS ARE NOT KEEN FOR TRIPS TO INDIA - FEARNBULK
HANDY
Uneventful week - Supra/Panamax stems ex USG to China/Korea/Japan are the main focus + grains ex. Argentina. The Atlantic market activity re ...
Thursday, 25 November 10
JSW ENERGY BUYS CANADIAN COAL FIRM FOR $411 MN - NDTV PROFIT
NDTV Profit reported that, Sajjan Jindal-owned JSW Energy on Wednesday said it has entered into an agreement to buy out British Virgin Islands-based ...
Thursday, 25 November 10
DRY BULK MARKET STILL GOING STRONG THIS WEEK, CAPESIZE SECTOR LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI) gaining a further 0.64% to e ...
Wednesday, 24 November 10
COAL PRODUCTION PREDICTED TO CLIMB IN SUNNIER 2011 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal producers are expected to increase output by 13 percent in 2011, thanks to predicted better ...
Monday, 22 November 10
RUSSIA'S KTK HAS PRODUCED 4.59 MLN TONNES OF COAL IN FIRST 9 MONTHS OR AN INCREASE OF 5% YEAR-ON-YEAR
COALspot.com (Press Release) - KTK has produced 4.59 mln tonnes of coal in first nine months or an increase of 5% year-on-year.
Kuzbasskaya Topli ...
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Showing 5516 to 5520 news of total 6871 |
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- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
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