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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, 20 July 16
EDIBLE OIL MARKETS ACROSS THE GLOBE REMAIN UNDER PRESSURE - STELIOS KOLLINTZAS
The edible oil markets across the globe remain under pressure on the back of lackluster demand. Some of the main factors causing the low activity a ...
Tuesday, 19 July 16
INDONESIAN THERMAL COAL INDEXES CONTINUALLY FIRM UP ON ROBUST BUYING INTEREST - CS COAL INDEX
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose One percent week over week to averaging $40.38 per ton this past week, shows CS ...
Monday, 18 July 16
FROM PIT TO PORT: DRY BULK NEEDS A NEW PATH TO PROFITABILITY - TOC EUROPE
During the golden years for commodities, from 2005 to 2014, high demand and big profit margins pushed companies to produce more and more, sacrifici ...
Monday, 18 July 16
BALTIC DRY INDEX REMAIN FIRM, UP BY 5.97 WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to remain firm with all segments ending in posi ...
Friday, 15 July 16
US COAL PRODUCTION DOWN 8.4% WEEK-OVER-WEEK
COALspot.com – U.S, world’s second largest coal producers has produced approximately totalled an estimated 12.9 million short tons (mms ...
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- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- PTC India Limited - India
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Economic Council, Georgia
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
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