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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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Tuesday, 20 July 10
CHURCHILL PLANNING TO PRODUCE 35 MILLION TONNES PER ANNUM FROM ITS EAST KUTAI COAL PROJECT
According to Churchill's website, the East Kutai Coal Project is a world-class thermal coal deposit, with a JORC Mining Reserve of 961 milli ...
Tuesday, 20 July 10
DRY BULK SHIPPING MARKET FINDING SOME SUPPORT, AS OWNERS TAKE CAPE SIZES OFF THE MARKET
With the Baltic Dry Index finally having reached bottom, at least according to market analysts, the dry bulk industry is looking to begin its long r ...
Monday, 19 July 10
INDONESIA EXPORTS 24.49 MILLION TONNES OF COAL IN JUNE 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 141.249 million tons of coal in the first half of this year. In June 2010, Indone ...
Monday, 19 July 10
CHINA ONCE AGAIN DOMINATING SHIPPING FREIGHT RATES, WHILE OVERSUPPLY OF TONNAGE RAISES CONCERN
The ending of the week brought a cheerful note among dry bulk ship owners, as the sinking benchmark of the industry, the Baltic Dry Index (BDI) fina ...
Saturday, 17 July 10
THE DRY BULK MARKET CONTINUED THE DOWNWARD TREND - VISTAAR
COALspot.com: The indices continued the downward trend this week also with BDI at 1,720 points and cape size index at 1676 points and the charter ra ...
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Showing 5716 to 5720 news of total 6871 |
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- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- MS Steel International - UAE
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
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