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Thursday, 04 June 09
PTT: RESTRUCTURING BUSINESS, DIVERSIFYING INTO COAL - EASYBOURSE
Thailand's largest energy conglomerate, PTT PCL (PTT.TH), will diversify into coal as part of its business restructuring, Senior Executive Vice President Tevin Vongvanich said Thursday.
"We regularly restructure our businesses in a move to improve our competitiveness and to suit the current situation. This is also our plan for the future, which will include more investments overseas," said Tevin. Its new structure will focus on coal, oil and natural gas.
PTT targets to triple the size of its coal business in the next 10 years and is looking to invest in the coal business in Australia and Indonesia, said Tevin, who oversees corporate strategy and development. PTT posted a full-year net profit of THB51.70 billion last year on sales of THB2 trillion.
Its coal business will range from coal-to-gas and coal-to-liquid to power generation from coal-fired power plants, he added.
Earlier this year, its unit PTT International Co acquired a 60% stake in Straits Bulk & Industrial Ltd., which owns coal mines in Indonesia.
Tevin said PTT's natural gas business will continue to cover both upstream and downstream activities, involving investments in the petrochemical business.
PTT is also considering investing in the retail oil business in Southeast Asian countries, he added.
source:http://www.easybourse.com/bourse-actualite/gold-fields/ptt-restructuring-business-diversifying-into-coal-ZAE000018123-678796
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Saturday, 20 June 09
CHINA'S COAL IMPORTS UP AND EXPORTS DOWN
China’s coal import hit a new monthly high in May, while coal export slumped to a 11-year low, China Securities Journal reported today.
The ...
Friday, 19 June 09
COAL FORUM TO MEET IN BALI NEXT WEEK
Bali will host next week a Southeast Asian forum on coal, involving coal producers, consumers and government representatives.
The Indonesian Ener ...
Friday, 19 June 09
KARNATAKA POWER CORP BEGINS BLENDING INDONESIAN COAL
BL reported that the State Government owned power utility Karnataka Power Corporation Limited has begun blending imported Indonesian coal for its th ...
Thursday, 18 June 09
COAL MINING HALTS AFTER DEADLY BLAST - (UPDATE 2)
All mining activists in Sawahlunto, West Sumatra, are at a standstill after a major underground explosion killed at least 31 miners and buried 12 ot ...
Thursday, 18 June 09
INDIA'S HINDALCO CLOSE TO BUYING AUSTRALIA COAL MINE
India's largest aluminium maker Hindalco Industries is close to acquiring a coal mine in Australia, for about $70-$80 million, The Economic Times r ...
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- TNB Fuel Sdn Bhd - Malaysia
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- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
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- Georgia Ports Authority, United States
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- Toyota Tsusho Corporation, Japan
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- Australian Coal Association
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- Electricity Authority, New Zealand
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- Samtan Co., Ltd - South Korea
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- Singapore Mercantile Exchange
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- GMR Energy Limited - India
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- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
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- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
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- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
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- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
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- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
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- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
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- Sical Logistics Limited - India
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- Jaiprakash Power Ventures ltd
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- India Bulls Power Limited - India
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- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
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- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
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- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
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- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
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- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
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- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
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- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
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- Australian Commodity Traders Exchange
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- IHS Mccloskey Coal Group - USA
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- Economic Council, Georgia
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- Formosa Plastics Group - Taiwan
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