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Monday, 26 July 10
CEMENT MAKERS EXPLORE NEW FUELS TO REPLACE COAL - ECONOMIC TIMES
 Economic Times reported that, As the cement industry reels under high raw material costs and reduced coal linkages, companies are exploring alternative options such as rubber tyres and rice husk as substitutes for fuel.
Companies such as Grasim Industries, ACC, Shiva Cement have started using alternative fuels in their plants while other cement firms are exploring similar techniques to deal with the fuel shortage.
“As coal prices are rising, there is no other option but to use alternative fuels like rubber tyres, saw dust and sewage as alternatives, though the percentage is small currently,” said Shree Cement managing director Hari Mohan Bangur. Other companies such as JK Cement, too, have plans to use alternatives such as city waste, rubber tyres and saw dust for the production of cement.
Cement firms recently wrote to the coal ministry seeking additional supplies from Singareni Collieries Company, one of the largest suppliers to cement plants in the southern states.
RP Gupta, CMD, Shiva Cement said, “We have recently started using char (by product of iron steel) as an alternative for coal. As cost saving is concerned, one needs to see things in the long term. Initially, it’s around 3% of total raw material cost but it will increase to 5-10% in the next few years.”
The Indian cement industry is likely to face a coal crunch in the short-to-medium term, say analysts. “Companies will have to take the tough measure as importing coal is a costly proposition,” said Rupesh Sankhe, analyst at Angel Securities.
There is a gap between the demand and supply of coal and the companies have to create alternative arrangements, say industry experts. Even, coal supplies may see a slight drop in August due to rains. According to the Cement Manufacturers Association, about 17.2 million tonne were produced and 17.3 million tonne were despatched in June against 16.6 mt and 16.7 mt, respectively, in June 2009.
India has more than 70 cement companies and a total installed capacity of 260 million tonne. Cement manufacturers will add 110 million tonne to their current production capacities at an investment of about Rs 50,000 crore over the next three years.
The Indian cement industry is growing at 9-11% for the past few years with a capacity of 260 million tonne while China, the world’s largest market, is growing at 14%. The global market is expected to grow at 5% and the Brazil market at 4%.
Source: Economic Times
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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 ...
Saturday, 17 July 10
BULLISH OUTLOOK FOR COKING COAL - MINING MX & HELLENIC SHIPPING
Mining Mx reported that, the coking coal market has better long-term fundamentals than the iron ore market, according to a recent research rep ...
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- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- The Treasury - Australian Government
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
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