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Friday, 24 June 11
BERAU EYEING 70 PERCENT GROWTH IN EBITDA
Indonesia's coal producer PT Berau Coal Energy Tbk (BRAU) is eyeing a 60 -70 percent growth in EBITDA to US$ 560 million-US$595 million this year. The target is in line with production target of 20.3 million tons, a 17.34 percent increase from 17.38 million tons, as reported by Insider Stories.
President Director Rosan P. Roeslani said the EBITDA will be underpinned by higher coal's average selling price (ASP) as well.
The ASP this year is estimated to increase 21.31 percent to US$ 74 per ton from US$ 61 per ton last year. "Sales may up 30 percent from last year, driving higher EBITDA of 60 -70 percent."
Insider Strories further reported that, Indonesia's fifth largest coal producer PT Berau Coal Energy Tbk (BRAU) is providing US$126 million to optimize coal output to 20.3 million tons.
President Director Rosan P. Roeslani said by 2014, the company requires US$ 350 million to expand business. Berau is relying on internally generated cash flow and retained earning. "For 2011, we will spend US$ 126 million. So far, we will use internally cash flow and retained earning," he said.
By end of 2014, Berau is scouting to boost coal output to 30 million tons or to lift 3 million tons per annum. In 2010, Berau produced 17.38 million tons, while coal sales was 17.38 million tons from 17.07 million tons.
Berau was agreed by its shareholders to distribute Rp123.9 billion (approx. US$ 14,403,305.47) dividend or Rp 3.55 per share. The dividend payout ratio is 20 percent of Berau's net profit.
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Monday, 20 June 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2011 IS ON THE WAY
Press Release - Since the beginning of 2011, international commodity price has been in a high level, resulting in “TENSION” of energy co ...
Sunday, 19 June 11
S6 AND S7 ROUTES LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market seemed to be stabilizing and the BDI and Cape index was up marginally and closed at 1,423 points and 1,824 points ...
Sunday, 19 June 11
BUMI 1Q NET PROFIT INCREASES 16.5 PERCENT
PT Bumi Resources Tbk (BUMI), Indonesia's largest coal exporter that is 25% owned by London-listed Vallar Plc, reported a16.49% increase in net pro ...
Friday, 17 June 11
DRY BULK BREATHES SIGH OF RELEAF ON RENEWED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has caught a sign of relief from the middle of the week onwards, as the BDI (Baltic Dry Index) increased once again yesterday, t ...
Thursday, 16 June 11
BOOSTING THE USE OF LOW CARBON ENERGY FOR A BETTER WORLD
Bali, Indonesia host of world renewable energy congress – Indonesia, international conference & exhibition on renewable energy and energy ...
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- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
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