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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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Thursday, 06 October 11
REALM SECURES 51% OF KATINGAN RIA COAL PROJECT IN CENTRAL KALIMANTAN
•Realm secures 51% of PT Katingan Ria Thermal Coal Project in Central Kalimantan
•Realm takes ownership of Kalres Limited
•Acquisit ...
Thursday, 06 October 11
SOUTH EAST ASIAS AGGRESSIVE POWER DEMAND GROWTH WILL REQUIRE INVESTMENT OF US$125 BN BY 2020 - WOOD MACKENZIE
COALspot.com - Wood Mackenzie says that South East Asia’s demand growth for new power generation is so aggressive that new power generation in ...
Thursday, 06 October 11
CHINESE DEMAND FOR COAL IMPORTS TO MODERATE IN 2012 - MISWIN MAHESH
COALspot.com - We expect Chinese demand growth for imported steam coal to moderate over the next year. Steam coal imports into China will modera ...
Wednesday, 05 October 11
MINISTRY STICKING TO RAW COMMODITY EXPORT BAN DESPITE INDUSTRY FEARS - JG
The Jakarta Globe, the one of the leading English news paper in Indonesia, reported that, the details of a controversial new regulation that would b ...
Wednesday, 05 October 11
ATLANTIC AND PACIFIC BASINS BECAME TIGHTER FOR PANAMAX LAST WEEK - BRS
A slump for both the Capes and Panamaxes sent the BDI down 1% this week, falling to 1,899 points.
The Capes saw the greatest movement, sliding - ...
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- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- The University of Queensland
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
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