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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, 15 March 18
SUPRAMAX: INDO TO CHINA COAL ROUNDS ARE PAYING IN THE LOW $13K TO S. CHINA AND HIGH $13K TO NORTH IN CHINA
Supramax
More activity from USG , front hauls to Far East have settled around $25000, and to Cont around $20000. Stable gain again in Black Sea w ...
Thursday, 15 March 18
BHEL COMMISSIONS 600 MW THERMAL POWER PLANT FOR APGENCO IN ANDHRA PRADESH
Bharat Heavy Electricals Limited (BHEL) has successfully commissioned a 600 MW coal-based thermal power plant in the state of Andhra Pradesh.
...
Thursday, 15 March 18
SUEK GROUP SECURES $1.055BN 5-YEAR SYNDICATED PRE-EXPORT FINANCE FACILITY
SUEK Group signed a $1.055bn syndicated pre-export loan agreement. The facility with five years duration is secured against the Group’s expor ...
Wednesday, 14 March 18
COAL PRICES UP SAYS MINERALS COUNCIL - IAN KIRKWOOD,THE HERALD
NSW thermal coal exports were at near-record levels last year but prices were up, the Minerals Council of NSW has said after appraising annual stat ...
Wednesday, 14 March 18
NEW COAL PRICE FORMULA DOESN'T APPLY RETROACTIVELY: OFFICIAL - THE JAKARTA GLOBE
The Energy and Mineral Resources Ministry has decided to change the implementation period of the new discounted price formula for coal sold to the ...
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Showing 1771 to 1775 news of total 6871 |
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- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- MS Steel International - UAE
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Planning Commission, India
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Posco Energy - South Korea
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
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