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Tuesday, 05 May 09
INDONESIA'S ADARO PAYS $78.6 MLN FOR COAL-BARGING FIRM - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, said late on Monday it paid $78.6 million for a 74 percent stake in Orchard Maritime Pte Ltd, a coal-barging and ship-loading firm.
Boy Garibaldi Thohir, Adaro's president director, said in a statement that the acquisition of Singapore-based OML would improve the firm's coal supply chain.
"We will have better control of the supply chain and less counter-party risk," Thohir said.
Adaro, which has a market capitalisation of $3.4 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and Indonesian state electricity firm Perusahaan Listrik Negara (PLN). Exports account for 70-72 percent of its sales.
The firm expects to produce 42-45 million tonnes of coal this year, up from 38.5 million tonnes in 2008, and aims to increase production to 80 million tonnes per year in the next five years.
San Miguel Corp of the Philippines is in talks to buy a stake worth about $500 million in Adaro, which Goldman Sachs , Citigroup and hedge fund Farallon plan to sell.
Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK50369320090505
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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 ...
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- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Marubeni Corporation - India
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
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