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Tuesday, 26 July 11
UT'S SALES COULD REACH TO 8000 UNITS BY THE END OF 2011
COALspot.com - Sales of Komatsu heavy equipment in the domestic market in the first half of 2011 rose 59 percent to 4333 units compared to the same period last year. Komatsu has sold as many as 2732 units for the same period in 2010. The mining sector became the largest contributor, which accounts for as many as 2949 units or 68 percent of the total sales of Komatsu.
"The increase in sales driven by national coal industry," said Ari Setiyawan, investor relations officer of United Tractors in Jakarta,
Ari added that, the surge in crude palm oil prices as well as coal prices in the world market, the coal producers have brought equipment to boost production. This trend is expected to continue until the end of this year, and price of CPO and coal still high compared to last year prices.
President Director of UT Pranoto Djoko said, Komatsu is still maintaining as the market leader of the equipment supplier in Indonesia. In fact, our market share has increased to 51 percent in the first quarter of 2011 from the 46 percent during the last quarter of 2010.
According to him, the national heavy equipment market has jumped 45 percent in the first quarter of 2011 to 8500 units.
"The demand for heavy equipments in mining, plantations, and construction sectors have increased sharply," said Djoko.
UT's sales could reach to 8000 units by the end of 2011. Meantime, the total heavy equipment market in Indonesia could reach to 16 thousand units. "We are targeting 50 percent of market share of Indonesian heavy equipment supplies," said Pranoto Djoko.
To contact the reporter on this story: Efendi at efendi@coalspot.com
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Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...
Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
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- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Aditya Birla Group - India
- White Energy Company Limited
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
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