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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, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an officia ...
Wednesday, 13 May 09
ALPHA TO BUY RIVAL, CREATING NEW US COAL HEAVYWEIGHT - MININGWEEKLY.COM
Alpha Natural Resources, the biggest supplier of metallurgical coal in the US, has agreed to buy Maryland-based rival Foundation Coal for about $1,4 ...
Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
* Producers cut offer to $75.50 a tonne from over $80
* Negotiations may conclude soon as price gap narrows
* New offer at discount of about 43 pe ...
Tuesday, 12 May 09
INDO TAMBANGRAYA SEES 2010 COAL OUTPUT UP 25 PCT - REUTERS
Indonesian coal miner, PT Indo Tambangraya Megah (ITMG.JK), expects coal output to increase by up to 25 percent next year as production kicks in at ...
Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
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- Manunggal Multi Energi - Indonesia
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- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
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- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
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- Mercuria Energy - Indonesia
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- Marubeni Corporation - India
- Economic Council, Georgia
- Coal and Oil Company - UAE
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- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
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- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
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- IEA Clean Coal Centre - UK
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- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
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- Orica Mining Services - Indonesia
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- Parliament of New Zealand
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- Ceylon Electricity Board - Sri Lanka
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- Jaiprakash Power Ventures ltd
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- Bukit Asam (Persero) Tbk - Indonesia
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- Eastern Energy - Thailand
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- The State Trading Corporation of India Ltd
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- Power Finance Corporation Ltd., India
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- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
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- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
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- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
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- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
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- Thai Mozambique Logistica
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
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- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Planning Commission, India
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
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- Siam City Cement - Thailand
- MS Steel International - UAE
- Mintek Dendrill Indonesia
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