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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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Thursday, 12 April 18
ALWAYS ACCESSIBLE
KNOWLEDGE TO ELEVATE
On 26 March 2018 Mr Justice Knowles determined that the berth warranty ‘always accessible’ must mean the vess ...
Wednesday, 11 April 18
CHINA UTILITIES PLAN NEW COAL IMPORT PRICE INDEX TO CURB VOLATILITY - REUTERS
China’s major utilities are preparing to launch their own coal price index for imports, an official at China Huaneng Group said, in a move th ...
Wednesday, 11 April 18
US-CHINA TARIFF THREATS RAISE GLOBAL TRADE RISKS - FITCH
Escalating tariff proposals by the U.S. and Chinese governments are increasing the risks of a full-blown trade war, says Fitch Ratings. The most li ...
Tuesday, 10 April 18
BUMA GRANTED ADDITIONAL LOAN FACILITY FROM BTMU TO SUPPORT GROWTH
Press Release: PT Delta Dunia Makmur Tbk. is pleased to announce that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), signed an a ...
Monday, 09 April 18
APRIL INDONESIAN COAL PRICE REFERENCE DROPS TO LOWEST IN 2018
COALspot.com: According to latest ministerial decree, the Indonesian Coal Price Reference (HBA) decline 6.98 per cent in April 2018 compared to Mar ...
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- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Australian Coal Association
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Interocean Group of Companies - India
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
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