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Tuesday, 06 September 11
SEMEN GRESIK TO ACQUIRE COAL MINE FOR RP. 1 TRILLION
COALspot.com - PT Semen Gresik Tbk (SMGR) is planning to acquire a low calorific value coal concession (IUP). According to Semen Gresik, the coal mine acquisition will help them to reduce the cost of cement production as fuel cost is contributing about 30% of the total cement production, as reported by inila.com.
The Company is engaging in cement industry. Officially inaugurated on August 7, 1957 by the first President of the Republic of Indonesia with installed capacity of 250,000 tons cement per year. The company's domination in the domestik market share to a 44.4% current level.
The Company plans to acquire the IUP which is under production status with an investment of Rp1 trillion (approximately US$ 116.78 million). PT Semen Gresik will also start to operate of two factories in 2012, and the company's coal consumption is expected to rise 2 million tons to 5 million tons by 2012., Inila said.
Samuel Securities sees the SMGR's expansion move vertically to secure the supply of fuel, and our outlook is positive as the acquisition of coal concession will increase cost-efficiency the SMGR.
"But we are still awaiting details of acquisitions to see how much added value from these acquisitions," said Samuel Securities, according to Inila.
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Thursday, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...
Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...
Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...
Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...
Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomale ...
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- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Australian Coal Association
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
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