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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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Friday, 12 May 17
SLOW AND UNEVENTFUL WEEK FOR THE PANAMAX MARKET
Supramax
In the Atlantic, only USG were showing some improvement, where pet-coke cargoes to India was fixed in the range of 19-23k daily and to C ...
Wednesday, 10 May 17
MARKET INSIGHT - INTERMODAL
Up until a few weeks ago, demo deals were being concluded at just a fraction below $400/ldt. Last time we saw demo prices around that level was in ...
Tuesday, 09 May 17
DRY BULK TRADE IS STILL HEAVILY RELIANT ON CHINA - GEORGE LAZARIDIS
We have seen an overall cool down in the dry bulk and tanker markets over the final two weeks of April, sparking worries amongst ship-owners that t ...
Monday, 08 May 17
INDONESIAN COAL PRICE REFERENCE RISES FOR SECOND STRAIGHT MONTH IN MAY
COALspot.com: Indonesian government declared coal benchmark price rose in May, government data showed.
The benchmark price of Indonesian therm ...
Monday, 08 May 17
OCEAN BULK CARGO RATES FALL FURTHER THIS PAST WEEK
COALspot.com: The Freight market continues to slump this past week, with all segments show a negative downward trend week over week.
The Balti ...
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- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Australian Coal Association
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- The University of Queensland
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
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