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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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Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/- 5 percent of non-coking imported coal with ...
Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...
Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...
Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...
Tuesday, 30 August 11
FAUJI CEMENT CONSUMED MORE THAN 1 MILLION TONS OF LOCAL COAL
Cooper Minerals Inc.based in Vancouver, BC, Canada, is a junior exploration company engaged in the acquisition, exploration and development of miner ...
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- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
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