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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, 03 November 16
THE INDEX BASED COAL SALES & PURCHASE STRATEGY MAKES MORE EFFICIENT, SAYS 55.17% END-USERS
Considering the current coal market condition, the Index based coal sales & purchase strategy make more efficient was deemed the winner by 57.0 ...
Thursday, 03 November 16
CAPESIZE: BRAZIL/CHINA RATES MOVED TO THE $11 PMT LEVEL; WEST AUSTRALIA/CHINA ROUTE MOVED UP CLOSE TO MID $5 PMT LEVEL - FEARNLEYS
Supramax
In the Atlantic we see a bit more activity than in the eastern hemisphere, says Fearnleys in its latest weekly report. Fhauls via Black ...
Wednesday, 02 November 16
SHIPPING MARKET INSIGHT
A week before the U.S. presidential election, everyone is eager to see the socio-political effects that the result of these elections will have. As ...
Wednesday, 02 November 16
SHIP OPERATING COSTS ARE EXPECTED TO RISE IN BOTH 2016 AND 2017 - MOORE STEPHENS
Vessel operating costs are expected to rise in both 2016 and 2017. Repairs and maintenance and spares are the cost categories which are likely to i ...
Tuesday, 01 November 16
PANAMAX : A FAIR AMOUNT OF SIDEWAYS SHIPPING IN RATES - ALLIED SHIPPING
Capesize
A very sluggish start to the week, with rates dropping considerably as all optimism seems to have evaporated over the weekend. According ...
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- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Australian Coal Association
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Indogreen Group - Indonesia
- White Energy Company Limited
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
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