COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 05 May 09
PHILIPPINES SEMIRARA STILL EXPECTS HIKE IN COAL SALES - BUSINESS MIRROR


DESPITE the anticipated soft demand resulting from the prevailing global financial crisis, the country’s largest coal producer Semirara Mining Corp. is still seeing a 15-percent to 21-percent jump in sales volume this year.

At the sidelines of its annual stockholders’ meeting on Monday, vice chairman and chief executive Isidro Consunji said its local buyers—made up of power plants, cement industry stakeholders, among others—will continue to boost sales from 3.31 million metric tons (MT) in 2007 to about 3.8 million to 4 million MT this year.

Of that projected sales volume, about 1.5 million MT will go to exports, still a growth from last year’s volume of 992,749 MT.

In terms of sales value, Consunji declined to give numbers due to volatility in prices. “Because of the recession, the prices went down. Coal before was priced $65 but now it is now about $40. So we really expect it to be soft. But according to our buyers, the 3rd or 4th quarter should be good as the economy improves again,” he said.

The company also supplies coal to buyers in India, China and Hong Kong.

“This year we saw our exports to widen. There have been some shipments to Taiwan and couple of shipments to Thailand,” added Consunji.

The company has no significant programmed capital expenditures this year but should the need arises, it can easily tap into its 19 million Treasury shares, which it bought back from the market in 2006, it said. 

“If we want to raise liquidity, we can go to the market and sell these shares,” he said. Semirara shares were valued P27.50 each at the end of Monday’s trading at the stock market.

The company ended 2008 with a net profit of P796.4 million from P633.3 million the previous year.
Source: http://businessmirror.com.ph/home/companies/9763-semirara-still-expects-hike-in-coal-sales.html



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 16 May 09
FREIGHT MARKET HAS BEEN EXTREMELY BUOYANT - VISTAAR SINGAPORE
COALspot.com (Singapore): The week saw the BDI rally continuing and the market freight market has been extremely buoyant, VISTAAR Shipping Pte Limit ...


Friday, 15 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
ENERGY and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...


Thursday, 14 May 09
INDONESIA 2009 COAL OUTPUT REVISED DOWN - REUTERS
* Indonesia coal output seen at 240 million tonnes in 2009 * Coal exports down 11.2 pct to 44.79 mln tonnes in Q1 2009 * Production down 1.4 pct t ...


Thursday, 14 May 09
PAKISTAN WILL IMPORT 3.2 MILLION TON OF COAL IN 2009 - SEATRADE
COALspot.com (Pakistan) - SEATRADE Group of pakistan a single largest imported coal supplier in Pakistan, forecasting Pakistan steam coal imports wi ...


Wednesday, 13 May 09
ADARO, ITM EXPECT COAL GROWTH IN 2009
Adaro, which has a market capitalization of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and ...


   1349 1350 1351 1352 1353   
Showing 6751 to 6755 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • PLN Batubara - Indonesia
  • Mercator Lines Limited - India
  • Mechel - Russia
  • Gujarat Mineral Development Corp Ltd - India
  • Larsen & Toubro Limited - India
  • Glencore India Pvt. Ltd
  • Maharashtra Electricity Regulatory Commission - India
  • ACC Limited - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Coeclerici Indonesia
  • London Commodity Brokers - England
  • GVK Power & Infra Limited - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Bulk Trading Sa - Switzerland
  • Global Business Power Corporation, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • bp singapore
  • Kideco Jaya Agung - Indonesia
  • Aditya Birla Group - India
  • Deloitte Consulting - India
  • Ministry of Mines - Canada
  • Fearnleys - India
  • Indian Energy Exchange, India
  • Gujarat Electricity Regulatory Commission - India
  • Globalindo Alam Lestari - Indonesia
  • Siam City Cement PLC, Thailand
  • Economic Council, Georgia
  • Total Coal South Africa
  • Kobexindo Tractors - Indoneisa
  • Oldendorff Carriers - Singapore
  • Jatenergy - Australia
  • OPG Power Generation Pvt Ltd - India
  • Ambuja Cements Ltd - India
  • Bank of America
  • Global Green Power PLC Corporation, Philippines
  • Banpu Public Company Limited - Thailand
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Bangkok Bank PCL
  • OCBC - Singapore
  • Tata Chemicals Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • Coal Orbis AG
  • CNBM International Corporation - China
  • Uttam Galva Steels Limited - India
  • World Bank
  • TNB Fuel Sdn Bhd - Malaysia
  • Tanito Harum - Indonesia
  • Japan Coal Energy Center
  • SUEK AG - Indonesia
  • Asian Development Bank
  • ING Bank NV - Singapore
  • Petrosea - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • ICICI Bank Limited - India
  • Cargill India Pvt Ltd
  • SMG Consultants - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Credit Suisse - India
  • Petron Corporation, Philippines
  • Independent Power Producers Association of India
  • Madhucon Powers Ltd - India
  • EMO - The Netherlands
  • Medco Energi Mining Internasional
  • Sakthi Sugars Limited - India
  • Vizag Seaport Private Limited - India
  • Orica Australia Pty. Ltd.
  • International Coal Ventures Pvt Ltd - India
  • Gujarat Sidhee Cement - India
  • Sucofindo - Indonesia
  • GHCL Limited - India
  • Makarim & Taira - Indonesia
  • Siam City Cement - Thailand
  • KPCL - India
  • Semirara Mining Corp, Philippines
  • World Coal - UK
  • India Bulls Power Limited - India
  • ANZ Bank - Australia
  • PetroVietnam
  • CoalTek, United States
  • Merrill Lynch Bank
  • Infraline Energy - India
  • Minerals Council of Australia
  • Maheswari Brothers Coal Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • EIA - United States
  • SN Aboitiz Power Inc, Philippines
  • LBH Netherlands Bv - Netherlands
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Edison Trading Spa - Italy
  • Sarangani Energy Corporation, Philippines
  • Latin American Coal - Colombia
  • Barclays Capital - USA
  • IOL Indonesia
  • Carbofer General Trading SA - India
  • Inspectorate - India
  • TRAFIGURA, South Korea
  • Malabar Cements Ltd - India
  • BNP Paribas - Singapore
  • Thailand Anthracite
  • Tata Power - India
  • Indonesia Power. PT
  • Vitol - Bahrain
  • MS Steel International - UAE
  • Bukit Asam (Persero) Tbk - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Bahari Cakrawala Sebuku - Indonesia
  • Coaltrans Conferences
  • McConnell Dowell - Australia
  • Altura Mining Limited, Indonesia
  • Meenaskhi Energy Private Limited - India
  • Georgia Ports Authority, United States
  • KPMG - USA
  • Africa Commodities Group - South Africa
  • NALCO India
  • Bank of China, Malaysia
  • IBC Asia (S) Pte Ltd
  • Central Electricity Authority - India
  • Maybank - Singapore
  • Asia Cement - Taiwan
  • Platou - Singapore
  • Vale Mozambique
  • Orica Mining Services - Indonesia
  • UBS Singapore
  • WorleyParsons
  • IHS Mccloskey Coal Group - USA
  • Kapuas Tunggal Persada - Indonesia
  • Parliament of New Zealand
  • Riau Bara Harum - Indonesia
  • Moodys - Singapore
  • Holcim Trading Pte Ltd - Singapore
  • Salva Resources Pvt Ltd - India
  • GN Power Mariveles Coal Plant, Philippines
  • White Energy Company Limited
  • Global Coal Blending Company Limited - Australia
  • Indorama - Singapore
  • Jorong Barutama Greston.PT - Indonesia
  • Savvy Resources Ltd - HongKong
  • McKinsey & Co - India
  • Simpson Spence & Young - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Thomson Reuters GRC
  • Adani Power Ltd - India
  • Trasteel International SA, Italy
  • Rio Tinto Coal - Australia
  • Arch Coal - USA
  • Kalimantan Lumbung Energi - Indonesia
  • Agrawal Coal Company - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • CCIC - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Indian Oil Corporation Limited
  • Runge Indonesia
  • Deutsche Bank - India
  • APGENCO India
  • Kohat Cement Company Ltd. - Pakistan
  • Coalindo Energy - Indonesia
  • The University of Queensland
  • Ind-Barath Power Infra Limited - India
  • Coastal Gujarat Power Limited - India
  • Geoservices-GeoAssay Lab
  • Bangladesh Power Developement Board
  • Cement Manufacturers Association - India
  • Energy Development Corp, Philippines
  • Arutmin Indonesia
  • Coal India Limited
  • SRK Consulting
  • Argus Media - Singapore
  • CESC Limited - India
  • Standard Chartered Bank - UAE
  • San Jose City I Power Corp, Philippines
  • Heidelberg Cement - Germany
  • Central Java Power - Indonesia
  • The India Cements Ltd
  • Qatrana Cement - Jordan
  • Energy Link Ltd, New Zealand
  • Humpuss - Indonesia
  • New Zealand Coal & Carbon
  • Thiess Contractors Indonesia
  • Romanian Commodities Exchange
  • Mercuria Energy - Indonesia
  • Indika Energy - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Reliance Power - India
  • Aboitiz Power Corporation - Philippines
  • Britmindo - Indonesia
  • Kumho Petrochemical, South Korea
  • Thermax Limited - India
  • Toyota Tsusho Corporation, Japan
  • JPMorgan - India
  • IEA Clean Coal Centre - UK
  • Ince & co LLP
  • Bukit Makmur.PT - Indonesia
  • Wilmar Investment Holdings
  • CIMB Investment Bank - Malaysia
  • Clarksons - UK
  • Merrill Lynch Commodities Europe
  • Samsung - South Korea
  • Sindya Power Generating Company Private Ltd
  • Billiton Holdings Pty Ltd - Australia
  • Permata Bank - Indonesia
  • Core Mineral Indonesia
  • SMC Global Power, Philippines
  • AsiaOL BioFuels Corp., Philippines
  • Shenhua Group - China
  • Sojitz Corporation - Japan
  • Bhatia International Limited - India
  • Electricity Authority, New Zealand
  • Planning Commission, India
  • SGS (Thailand) Limited
  • Sical Logistics Limited - India
  • Karaikal Port Pvt Ltd - India
  • Straits Asia Resources Limited - Singapore
  • Wood Mackenzie - Singapore
  • Ministry of Finance - Indonesia
  • Star Paper Mills Limited - India
  • Lanco Infratech Ltd - India
  • PTC India Limited - India
  • DBS Bank - Singapore
  • Power Finance Corporation Ltd., India
  • MEC Coal - Indonesia
  • Formosa Plastics Group - Taiwan
  • Xstrata Coal
  • The Treasury - Australian Government
  • PetroVietnam Power Coal Import and Supply Company
  • Peabody Energy - USA
  • Mitsui
  • South Luzon Thermal Energy Corporation
  • Vedanta Resources Plc - India
  • Mjunction Services Limited - India
  • Platts
  • Eastern Energy - Thailand
  • Rashtriya Ispat Nigam Limited - India
  • Australian Coal Association
  • European Bulk Services B.V. - Netherlands
  • Adaro Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Maersk Broker
  • Barasentosa Lestari - Indonesia
  • TGV SRAAC LIMITED, India
  • Dalmia Cement Bharat India
  • Noble Europe Ltd - UK
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Bharathi Cement Corporation - India
  • Lafarge - France
  • RBS Sempra - UK
  • Neyveli Lignite Corporation Ltd, - India
  • Samtan Co., Ltd - South Korea
  • Singapore Mercantile Exchange
  • Essar Steel Hazira Ltd - India
  • Indian School of Mines
  • Kaltim Prima Coal - Indonesia
  • HSBC - Hong Kong
  • Semirara Mining and Power Corporation, Philippines
  • Ministry of Transport, Egypt
  • UOB Asia (HK) Ltd
  • Malco - India
  • Commonwealth Bank - Australia
  • Gresik Semen - Indonesia
  • SASOL - South Africa
  • Pipit Mutiara Jaya. PT, Indonesia
  • Surastha Cement
  • Electricity Generating Authority of Thailand
  • Freeport Indonesia
  • Cebu Energy, Philippines
  • Cardiff University - UK
  • Cosco
  • Panama Canal Authority
  • Metalloyd Limited - United Kingdom
  • PLN - Indonesia
  • Parry Sugars Refinery, India
  • Anglo American - United Kingdom
  • Russian Coal LLC
  • Videocon Industries ltd - India
  • Intertek Mineral Services - Indonesia
  • Inco-Indonesia
  • Idemitsu - Japan
  • Mitra SK Pvt Ltd - India
  • Jindal Steel & Power Ltd - India
  • JPower - Japan
  • Sinarmas Energy and Mining - Indonesia
  • Interocean Group of Companies - India
  • Marubeni Corporation - India
  • Therma Luzon, Inc, Philippines
  • Australian Commodity Traders Exchange
  • Renaissance Capital - South Africa
  • Kobe Steel Ltd - Japan
  • Thai Mozambique Logistica
  • Chamber of Mines of South Africa
  • Shree Cement - India
  • Bhushan Steel Limited - India
  • BRS Brokers - Singapore
  • PowerSource Philippines DevCo
  • GMR Energy Limited - India
  • Pinang Coal Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Tamil Nadu electricity Board
  • PNOC Exploration Corporation - Philippines
  • NTPC Limited - India
  • ASAPP Information Group - India
  • Manunggal Multi Energi - Indonesia
  • Mintek Dendrill Indonesia
  • Price Waterhouse Coopers - Russia
  • globalCOAL - UK
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Baramulti Group, Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Port Waratah Coal Services - Australia
  • The State Trading Corporation of India Ltd
  • IMC Shipping - Singapore
  • Attock Cement Pakistan Limited
  • Binh Thuan Hamico - Vietnam
  • GNFC Limited - India
  • Meralco Power Generation, Philippines
  • Enel Italy
  • Indogreen Group - Indonesia
  • VISA Power Limited - India
  • Chettinad Cement Corporation Ltd - India
  • GB Group - China
  • Mitsubishi Corporation
  • KOWEPO - South Korea
  • TNPL - India
  • Indo Tambangraya Megah - Indonesia
  • Indonesian Coal Mining Association
  • Xindia Steels Limited - India
  • Bhoruka Overseas - Indonesia
  • Thriveni
  • Goldman Sachs - Singapore
  • Krishnapatnam Port Company Ltd. - India
  • Gupta Coal India Ltd
  • Borneo Indobara - Indonesia
  • Rudhra Energy - India
  • Berau Coal - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Timah Investasi Mineral - Indoneisa
  • ETA - Dubai
  • TeaM Sual Corporation - Philippines
  • U S Energy Resources
  • Ceylon Electricity Board - Sri Lanka
  • Grasim Industreis Ltd - India
  • Maruti Cements - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Karbindo Abesyapradhi - Indoneisa
  • Coal and Oil Company - UAE
  • Petrochimia International Co. Ltd.- Taiwan
  • Posco Energy - South Korea
  • Bukit Baiduri Energy - Indonesia
  • KEPCO - South Korea
  • J M Baxi & Co - India
  • TANGEDCO India
  • Bayan Resources Tbk. - Indonesia
  • Eastern Coal Council - USA
  • Cemex - Philippines
  • Antam Resourcindo - Indonesia
  • Jaiprakash Power Ventures ltd
  • Kartika Selabumi Mining - Indonesia