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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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Tuesday, 28 April 09
S'PORE COURT RULES AGAINST DEUTSCHE ON ASSET SALE - REUTERS
Singapore's highest court has ruled that Deutsche Bank (DBKGn.DE) may have to pay unspecified damages to an investment firm as it did not get the b ...
Tuesday, 28 April 09
WORLD THERMAL COAL PRICE EXPECTED TO CRASH - PURCHASING.COM
Macquarie Bank sees 50% drop to $60/ton in 2009
Macquarie Bank today forecast the 2009 average market price for world thermal coal at $60/ton, a ...
Tuesday, 28 April 09
THAI LANNA TO OPEN NEW INDONESIAN MINE BY Q3 - REUTERS
Thailand's Lanna Resources PCL LANN.BK said on Monday it planned to open a new coal mine in Indonesia by the third quarter of 2009 with an initial ...
Tuesday, 28 April 09
SOUTH AFRICAN EXPORT COAL RETREATS ON WEAKER EUROPEAN DEMAND - BLOOMBERG
Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, fell for a second co ...
Monday, 27 April 09
INDONESIA S.KALIMANTAN GETS COAL TRUCKS OFF PUBLIC ROADS - REUTERS
A local government in one of Indonesia's top coal-producing areas has banned coal and palm oil firms from using public roads because of the damage ...
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- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
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