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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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Wednesday, 21 February 18
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
2017 proved to be a relatively good year with positive margins for the Dry Bulk market. Especially during the last quarter of the year everyone can ...
Tuesday, 20 February 18
INDIA: COAL IMPORT RISES BY 12 PER CENT TO 18 MILLION TONNES IN JANUARY - PTI
The country’s coal import increased by 12.4 per cent to 18.49 million tonnes (MT) in January, against 16.
44 MT in the same month of the ...
Monday, 19 February 18
JOINT INSURANCE - WHY SHOULD YOU CARE? - SKULD
KNOWLEDGE TO ELEVATE
It is neither controversial nor new to say that co-assureds under a joint insurance policy cannot claim against each othe ...
Friday, 16 February 18
U.S. WEEKLY COAL OUTPUT DOWN 4.5 PER CENT WEEK OVER WEEK, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million short tons ...
Thursday, 15 February 18
INDIA: THERMAL POWER PLANTS UNDER STRESS ON RISING COAL, FREIGHT COSTS - BUSINESS STANDARD
Coal-based power plants are feeling the heat of spike in thermal grade coal prices and railway freight costs.
Prices of thermal grade coal sin ...
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- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
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