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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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Wednesday, 03 June 09
POWER DEMAND TO BOOST INDIA COAL IMPORTS DURING MONSOON - STEELGURU
Reuters quoted Indian coal importers said that strong demand for power in India is likely to keep coal imports at the maximum level possible in the ...
Wednesday, 03 June 09
NAPOCOR EXTENDS COAL TENDER FOR SOLE BIDDER - ABS CBNNEWS
National Power Corp. (Napocor), the top Philippine electricity producer, has given the lone bidder at a tender for 195,000 tons of coal more time to ...
Wednesday, 03 June 09
NEWCASTLE COAL EXPORTS JUMP 20 PERCENT; SHIP QUEUE LENGTHENS - BLOOMBERG
Coal exports from Australia’s Newcastle, the world’s biggest export harbor for the fuel, jumped 20 percent last week while the number of ...
Wednesday, 03 June 09
IPL-2 OVER, INDIAN COAL LEAGUE BEGINS IN SOUTH AFRICA - ECONOMICTIME
Steel, cement and power companies, which have traditionally relied on cheap Indonesian coal to fuel their factories, are rushing to buy South Africa ...
Wednesday, 03 June 09
BUILDING A ROAD TO LINK 3 GIANTS - THE JAKARTA GLOBE
Madhu Koneru is building a road to the future that will bring together the financial heft of the Middle East, the technological know-how of a rising ...
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- Mercator Lines Limited - India
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- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
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- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
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- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Planning Commission, India
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- Australian Commodity Traders Exchange
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- Anglo American - United Kingdom
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Singapore Mercantile Exchange
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- Interocean Group of Companies - India
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- MS Steel International - UAE
- Malabar Cements Ltd - India
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- Kartika Selabumi Mining - Indonesia
- The University of Queensland
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- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
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- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
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- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
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- Tata Chemicals Ltd - India
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- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
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- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
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- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
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- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
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- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
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- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
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- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
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- Ministry of Mines - Canada
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- Sakthi Sugars Limited - India
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- Price Waterhouse Coopers - Russia
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- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Parliament of New Zealand
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Economic Council, Georgia
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- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
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- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
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- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
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- Thiess Contractors Indonesia
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- Renaissance Capital - South Africa
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- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
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