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Monday, 19 September 11
INDOMOBIL ENTERING INTO COAL MINING BUSINESS
COALspot.Com- PT Indomobil Sukses Internasional Tbk, part of, one of Indonesia's largest conglomerates, to enter into mining industry acting as the coal mining contractor this year via its subsidiary, PT Prima Sarana Gemilang (PSG).
PSG, heavy equipment and mining division of Indomobil has bags mining contracts from PT Nusantara Berau Coal, to remove overburden and coal. PT Nusantara Berau Coal is part of Salim group and located in East Kalimantan, Indonesia.
Director of Indomobil Bambang Subijanto explained that Indomobil’s expansion to coal business aim to build synergies and creating value added for the company. This step is parallel with Indomobil’s subsidiary company, PT Indotruck Utama, which has been appointed as the second distributor for Volvo Construction Equipment in Indonesia.
The first distributor of Volvo is PT Intraco Penta Tbk.
Indotruck will handle marketing and sales of Volvo for Sumatera, Java, Nusa Tenggara, and Papua regions. Meanwhile, Intraco is active in Kalimantan, Sulawesi, and Maluku. “Our experience is in heavy equipment equipments and maintenance activities, we decided to enter into coal contracting industry,” Bambang said to the press.
Furthermore, Bambang explained that Indomobil has got a strategic investor to form PSG. Indomobil is holding 60% in PSG, but Bambang refused to identify Indomobil’s partner who is holding remaining shares in PSG.
According to Bambang, PSG has commenced its production in NBC mine since March 2011.
He is expected the production of coal will reach 1.7 million ton by end of this year, and this target can be achieved.
The duration contract from NCB to PSG is for a three-year period.
"For next year, PSG is targeting to produce 3 million tons of coal and we optimistic this target also can be achieved,” said Bambang.
To contact the freelance reporter responsible on this story: Efendi at efendi@coalspot.com
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Wednesday, 19 October 11
ADARO ACQUIRES BUKIT ENIM ENERGI - INSIDER STORIES
Insider Stories reported that, Coal miner PT Adaro Energy Tbk, via its subsidiary dubbed PT Alam Tri Abadi, today revealed a 46% stake takeover of a ...
Tuesday, 18 October 11
INDONESIAN PRESIDENT APPOINTS JERO WACIK AS NEW MINISTER OF ENERGY & MINERAL RESOURCES
COALspot.com - Jero Wacik has been appointed as minister of energy and mineral resources of Indonesia replacing Darwin Saleh and Prof. Widjajono Par ...
Tuesday, 18 October 11
DELTA DUNIA MAKMUR HAS PRODUCED 3.0 MILLION TONS OF COAL LAST MONTH
COALspot.com - PT. Delta Dunia Makmur, wholly owned subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), Delta Dunia Makmur has removed 1.4 million bcm ...
Monday, 17 October 11
KOWEPO TO BUY 260,000 MT BITUMINOUS COAL
COALspot.com - KOWEPO has issued a spot tender for 260,000MT of minimum 5,600kcal/kg NAR Bituminous Coal.
The tender document also mentioned tha ...
Monday, 17 October 11
CAPESIZE SHIPPING COSTS CLIMB TO 10-MONTH HIGH ON ORE IMPORTS
The cost to hire capesize vessels climbed to a 10-month high as rising imports of iron ore to China boosted demand for the ships.Monthly iron-ore sh ...
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- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Marubeni Corporation - India
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
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