COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS


INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an official at the firm said on Tuesday.

"We still believe in double-digit growth for both," said operating director Ah Hoo Chia, when asked about the outlook for revenue and net profit for 2009.

Adaro, which has a market capitalisation of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and Indonesian state electricity firm Perusahaan Listrik Negara (PLN). Exports account for 70-72 percent of its sales.

The firm expects to produce 42-45 million tonnes of coal this year, up from 38.5 million tonnes in 2008, and aims to increase production to 80 million tonnes per year in the next five years.

San Miguel Corp of the Philippines is in talks to buy a stake worth about $500 million in Adaro, which Goldman Sachs , Citigroup and hedge fund Farallon plan to sell.

The firm reported a ten-fold increase in net profit last year to 887.2 billion rupiah ($85.63 million) while revenue rose 56 percent to 18.09 trillion rupiah despite a global economic downturn that has led to a sharp drop in commodity prices.

It also turned to a first-quarter net profit of 1.145 trillion rupiah this year from a 12 billion rupiah loss a year earlier, thanks to higher average achieved selling prices of Envirocoal.

Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK46414020090512



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 16 May 09
FREIGHT MARKET HAS BEEN EXTREMELY BUOYANT - VISTAAR SINGAPORE
COALspot.com (Singapore): The week saw the BDI rally continuing and the market freight market has been extremely buoyant, VISTAAR Shipping Pte Limit ...


Friday, 15 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
ENERGY and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...


Thursday, 14 May 09
INDONESIA 2009 COAL OUTPUT REVISED DOWN - REUTERS
* Indonesia coal output seen at 240 million tonnes in 2009 * Coal exports down 11.2 pct to 44.79 mln tonnes in Q1 2009 * Production down 1.4 pct t ...


Thursday, 14 May 09
PAKISTAN WILL IMPORT 3.2 MILLION TON OF COAL IN 2009 - SEATRADE
COALspot.com (Pakistan) - SEATRADE Group of pakistan a single largest imported coal supplier in Pakistan, forecasting Pakistan steam coal imports wi ...


Wednesday, 13 May 09
ADARO, ITM EXPECT COAL GROWTH IN 2009
Adaro, which has a market capitalization of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and ...


   1349 1350 1351 1352 1353   
Showing 6751 to 6755 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Manunggal Multi Energi - Indonesia
  • Reliance Power - India
  • Uttam Galva Steels Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • Idemitsu - Japan
  • Cosco
  • Bukit Asam (Persero) Tbk - Indonesia
  • Bharathi Cement Corporation - India
  • Indika Energy - Indonesia
  • PLN - Indonesia
  • Samtan Co., Ltd - South Korea
  • JPower - Japan
  • Carbofer General Trading SA - India
  • Grasim Industreis Ltd - India
  • Kepco SPC Power Corporation, Philippines
  • Xstrata Coal
  • Shree Cement - India
  • Adaro Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Dalmia Cement Bharat India
  • Alfred C Toepfer International GmbH - Germany
  • Lanco Infratech Ltd - India
  • Formosa Plastics Group - Taiwan
  • EMO - The Netherlands
  • SUEK AG - Indonesia
  • Gupta Coal India Ltd
  • Infraline Energy - India
  • Samsung - South Korea
  • ICICI Bank Limited - India
  • Asian Development Bank
  • Indogreen Group - Indonesia
  • CCIC - Indonesia
  • ACC Limited - India
  • Aboitiz Power Corporation - Philippines
  • GB Group - China
  • Coastal Gujarat Power Limited - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Peabody Energy - USA
  • Sojitz Corporation - Japan
  • Trasteel International SA, Italy
  • Cigading International Bulk Terminal - Indonesia
  • UBS Singapore
  • PTC India Limited - India
  • Thiess Contractors Indonesia
  • Salva Resources Pvt Ltd - India
  • Antam Resourcindo - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • IBC Asia (S) Pte Ltd
  • Meralco Power Generation, Philippines
  • LBH Netherlands Bv - Netherlands
  • McKinsey & Co - India
  • Vale Mozambique
  • Videocon Industries ltd - India
  • Sindya Power Generating Company Private Ltd
  • White Energy Company Limited
  • Intertek Mineral Services - Indonesia
  • Interocean Group of Companies - India
  • Sarangani Energy Corporation, Philippines
  • HSBC - Hong Kong
  • IMC Shipping - Singapore
  • TRAFIGURA, South Korea
  • Mercuria Energy - Indonesia
  • Australian Commodity Traders Exchange
  • Runge Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Tata Power - India
  • Thai Mozambique Logistica
  • The University of Queensland
  • Latin American Coal - Colombia
  • CESC Limited - India
  • GVK Power & Infra Limited - India
  • Berau Coal - Indonesia
  • McConnell Dowell - Australia
  • Parliament of New Zealand
  • Deloitte Consulting - India
  • BNP Paribas - Singapore
  • Miang Besar Coal Terminal - Indonesia
  • ING Bank NV - Singapore
  • Lafarge - France
  • Africa Commodities Group - South Africa
  • Geoservices-GeoAssay Lab
  • Oldendorff Carriers - Singapore
  • Vedanta Resources Plc - India
  • Madhucon Powers Ltd - India
  • Ernst & Young Pvt. Ltd.
  • Mitra SK Pvt Ltd - India
  • Qatrana Cement - Jordan
  • Deutsche Bank - India
  • Romanian Commodities Exchange
  • globalCOAL - UK
  • Kobe Steel Ltd - Japan
  • Aditya Birla Group - India
  • DBS Bank - Singapore
  • Argus Media - Singapore
  • Global Business Power Corporation, Philippines
  • Semirara Mining Corp, Philippines
  • Global Coal Blending Company Limited - Australia
  • Electricity Authority, New Zealand
  • IEA Clean Coal Centre - UK
  • Heidelberg Cement - Germany
  • CoalTek, United States
  • Clarksons - UK
  • Vitol - Bahrain
  • Gujarat Mineral Development Corp Ltd - India
  • Maharashtra Electricity Regulatory Commission - India
  • Agrawal Coal Company - India
  • Ind-Barath Power Infra Limited - India
  • Bangkok Bank PCL
  • Commonwealth Bank - Australia
  • Wood Mackenzie - Singapore
  • Makarim & Taira - Indonesia
  • Anglo American - United Kingdom
  • SMG Consultants - Indonesia
  • ASAPP Information Group - India
  • Russian Coal LLC
  • Indorama - Singapore
  • Singapore Mercantile Exchange
  • Bangladesh Power Developement Board
  • Jaiprakash Power Ventures ltd
  • Eastern Energy - Thailand
  • Britmindo - Indonesia
  • Ince & co LLP
  • Mechel - Russia
  • Total Coal South Africa
  • Orica Mining Services - Indonesia
  • Mitsui
  • Gresik Semen - Indonesia
  • Riau Bara Harum - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Therma Luzon, Inc, Philippines
  • TNPL - India
  • Tata Chemicals Ltd - India
  • ANZ Bank - Australia
  • Indonesia Power. PT
  • Port Waratah Coal Services - Australia
  • Japan Coal Energy Center
  • Cemex - Philippines
  • Gujarat Sidhee Cement - India
  • Planning Commission, India
  • Star Paper Mills Limited - India
  • Economic Council, Georgia
  • New Zealand Coal & Carbon
  • Bhushan Steel Limited - India
  • Sical Logistics Limited - India
  • Bukit Makmur.PT - Indonesia
  • Power Finance Corporation Ltd., India
  • Maybank - Singapore
  • MS Steel International - UAE
  • Kaltim Prima Coal - Indonesia
  • Posco Energy - South Korea
  • SN Aboitiz Power Inc, Philippines
  • Barclays Capital - USA
  • Asia Cement - Taiwan
  • TeaM Sual Corporation - Philippines
  • Xindia Steels Limited - India
  • Enel Italy
  • Toyota Tsusho Corporation, Japan
  • Bank of China, Malaysia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • PetroVietnam
  • The Treasury - Australian Government
  • Central Java Power - Indonesia
  • World Bank
  • Asmin Koalindo Tuhup - Indonesia
  • Tanito Harum - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • European Bulk Services B.V. - Netherlands
  • APGENCO India
  • Arutmin Indonesia
  • Vizag Seaport Private Limited - India
  • MEC Coal - Indonesia
  • Cargill India Pvt Ltd
  • U S Energy Resources
  • Chamber of Mines of South Africa
  • Timah Investasi Mineral - Indoneisa
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Siam City Cement - Thailand
  • Simpson Spence & Young - Indonesia
  • San Jose City I Power Corp, Philippines
  • EIA - United States
  • Kideco Jaya Agung - Indonesia
  • Humpuss - Indonesia
  • Fearnleys - India
  • Coeclerici Indonesia
  • Independent Power Producers Association of India
  • Malabar Cements Ltd - India
  • Jorong Barutama Greston.PT - Indonesia
  • Bhatia International Limited - India
  • Chettinad Cement Corporation Ltd - India
  • Jatenergy - Australia
  • Standard Chartered Bank - UAE
  • Platou - Singapore
  • Thriveni
  • World Coal - UK
  • Arch Coal - USA
  • Petrochimia International Co. Ltd.- Taiwan
  • Bulk Trading Sa - Switzerland
  • AsiaOL BioFuels Corp., Philippines
  • Baramulti Group, Indonesia
  • SGS (Thailand) Limited
  • NALCO India
  • bp singapore
  • PetroVietnam Power Coal Import and Supply Company
  • Barasentosa Lestari - Indonesia
  • WorleyParsons
  • Karbindo Abesyapradhi - Indoneisa
  • Indian Oil Corporation Limited
  • Kapuas Tunggal Persada - Indonesia
  • Ministry of Finance - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Shenhua Group - China
  • Bhoruka Overseas - Indonesia
  • Cardiff University - UK
  • Jindal Steel & Power Ltd - India
  • Savvy Resources Ltd - HongKong
  • Inco-Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Minerals Council of Australia
  • Eastern Coal Council - USA
  • Mitsubishi Corporation
  • Mintek Dendrill Indonesia
  • NTPC Limited - India
  • Cebu Energy, Philippines
  • Tamil Nadu electricity Board
  • Coal India Limited
  • International Coal Ventures Pvt Ltd - India
  • Goldman Sachs - Singapore
  • GMR Energy Limited - India
  • Altura Mining Limited, Indonesia
  • Energy Link Ltd, New Zealand
  • Sucofindo - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Essar Steel Hazira Ltd - India
  • KEPCO - South Korea
  • Sree Jayajothi Cements Limited - India
  • Coaltrans Conferences
  • Vijayanagar Sugar Pvt Ltd - India
  • Adani Power Ltd - India
  • Siam City Cement PLC, Thailand
  • Larsen & Toubro Limited - India
  • Australian Coal Association
  • Directorate Of Revenue Intelligence - India
  • Leighton Contractors Pty Ltd - Australia
  • Karaikal Port Pvt Ltd - India
  • Renaissance Capital - South Africa
  • Moodys - Singapore
  • Indo Tambangraya Megah - Indonesia
  • Thomson Reuters GRC
  • Maheswari Brothers Coal Limited - India
  • Pinang Coal Indonesia
  • The State Trading Corporation of India Ltd
  • Indian School of Mines
  • PNOC Exploration Corporation - Philippines
  • Panama Canal Authority
  • Maersk Broker
  • Thermax Limited - India
  • GNFC Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Glencore India Pvt. Ltd
  • OPG Power Generation Pvt Ltd - India
  • The India Cements Ltd
  • SMC Global Power, Philippines
  • Malco - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Semirara Mining and Power Corporation, Philippines
  • BRS Brokers - Singapore
  • TANGEDCO India
  • CNBM International Corporation - China
  • Holcim Trading Pte Ltd - Singapore
  • PowerSource Philippines DevCo
  • Directorate General of MIneral and Coal - Indonesia
  • Metalloyd Limited - United Kingdom
  • Kumho Petrochemical, South Korea
  • GHCL Limited - India
  • Marubeni Corporation - India
  • Global Green Power PLC Corporation, Philippines
  • Coal and Oil Company - UAE
  • Noble Europe Ltd - UK
  • Coal Orbis AG
  • Ceylon Electricity Board - Sri Lanka
  • J M Baxi & Co - India
  • Sakthi Sugars Limited - India
  • Rio Tinto Coal - Australia
  • Binh Thuan Hamico - Vietnam
  • Energy Development Corp, Philippines
  • Wilmar Investment Holdings
  • Platts
  • OCBC - Singapore
  • Freeport Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Credit Suisse - India
  • Electricity Generating Authority of Thailand
  • UOB Asia (HK) Ltd
  • Maruti Cements - India
  • Coalindo Energy - Indonesia
  • Georgia Ports Authority, United States
  • IOL Indonesia
  • Orica Australia Pty. Ltd.
  • Kalimantan Lumbung Energi - Indonesia
  • Kobexindo Tractors - Indoneisa
  • ETA - Dubai
  • Edison Trading Spa - Italy
  • Bank of America
  • Price Waterhouse Coopers - Russia
  • SRK Consulting
  • Inspectorate - India
  • Gujarat Electricity Regulatory Commission - India
  • Ambuja Cements Ltd - India
  • Petrosea - Indonesia
  • KOWEPO - South Korea
  • IHS Mccloskey Coal Group - USA
  • Thailand Anthracite
  • Borneo Indobara - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Petron Corporation, Philippines
  • TGV SRAAC LIMITED, India
  • Central Electricity Authority - India
  • Rashtriya Ispat Nigam Limited - India
  • Medco Energi Mining Internasional
  • Mjunction Services Limited - India
  • Iligan Light & Power Inc, Philippines
  • Indonesian Coal Mining Association
  • Ministry of Mines - Canada
  • GAC Shipping (India) Pvt Ltd
  • KPCL - India
  • Rudhra Energy - India
  • Kartika Selabumi Mining - Indonesia
  • Attock Cement Pakistan Limited
  • Merrill Lynch Bank
  • India Bulls Power Limited - India
  • CIMB Investment Bank - Malaysia
  • Indian Energy Exchange, India
  • Bukit Baiduri Energy - Indonesia
  • Parry Sugars Refinery, India
  • Ministry of Transport, Egypt
  • SASOL - South Africa
  • RBS Sempra - UK
  • Cement Manufacturers Association - India
  • London Commodity Brokers - England
  • Merrill Lynch Commodities Europe
  • KPMG - USA
  • South Luzon Thermal Energy Corporation
  • Mercator Lines Limited - India
  • Permata Bank - Indonesia
  • Surastha Cement
  • Banpu Public Company Limited - Thailand
  • Billiton Holdings Pty Ltd - Australia
  • VISA Power Limited - India
  • PLN Batubara - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • JPMorgan - India
  • Sinarmas Energy and Mining - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Core Mineral Indonesia