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Friday, 10 June 11
BUKIT ASAM RECORDED RP1.3 TRILLION PROFIT IN MAY - TEMPO INTERACTIVE
Tempo Interactive reported that, PT PT Tambang Batubara Bukit Asam Tbk (PTBA) made a net profit of Rp 1.3 trillion (approx. US$ 152,779,410) at the end of May. As such, the company believes that the net income target of Rp 3 trillion (approx. US$ 352,567,869) through 2011 can be achieved.
Sukrisno, the Bukit Asam CEO, said that this year the company has set the coal production and purchase target at 17.57 million tons, a 23 percent growth compared to last year’s 13.02 million tons.
“The profit came from the Bukit Asam production and from its subsidiary businesses,” he said yesterday, after the shareholders’ meeting.
This year’s production target will be larger than the sales due to the company’s forecast of an increase in exports.
Achmad Sudarto, the Corporate Secretary, added that 1.2 million exports reached 30 percent with Japan as the biggest destination. This year the company will work to increase the sales to Japan by 1.8 million tons.
In order to reach this target, the company will optimize the production of PT International Prima Coal, its subsidiary company, to 0.9 million tons. In addition, the company will boost its trading volume to 1.2 million tons.
To operate more efficiently, Bukit Asam has constructed two units of thermal power plants (PLTU) in Tanjung Enim with a capacity of 3 x 10 megawatts and 2 x 8 megawatts at Tarahan port.
“This year, the Tanjung Enim PLTU will be ready for operation,” he said.
The shareholders meeting has decided to distribute a dividend of Rp 523.12 (approx. US$ 0.0614784 ) per share (1 USD = 8,509.00 IDR).
Source: Tempo Interactive ( Akbar Tri Kurnuawan)
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Tuesday, 09 August 11
INDONESIAS COAL PRODUCTION GREW BY 19.4% LAST YEAR - BP
COALspot.com - Indonesia’s coal production grew by 19.4% last year to 305.879 million tonnes from 256.181 million tonnes in 2009, the fastest ...
Tuesday, 09 August 11
DRY BULK MARKET UNABLE TO FIND UPWARD MOMENTUM, SLUMPS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
They same that what goes up must come down and nobody seems to have found a better application of this expression, than the beleguered dry bulk mark ...
Monday, 08 August 11
OIL PRICES ARE SOFTENING, WILL IT INFLUENCE COAL PRICES?
COALspot.com - The current global economic condition is in volatility after a little chance of optimism for economic recovery.
Oil price at ...
Monday, 08 August 11
A SUPRAMAX VESSEL WAS REPORTED FIXED AT $ 12K - VISTAAR
COALspot.com - The BDI was slightly up by about 4 points closed at 1268 points which was supported by cape index which was up 3.14 pct and closed at ...
Saturday, 06 August 11
NTPC IS CONSIDERING TO ENTER INTO 25 YEARS COAL PURCHASE AGREEMENT
Indian, State-run power producer NTPC's present annual consumption is 164 million tonnes, and company is considering long-term agreements abroad to ...
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- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Planning Commission, India
- White Energy Company Limited
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- The University of Queensland
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
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