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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 green field coal mining company PT Bukit Enim Energi for consideration price of US$46 million.
In a press statement filed to Indonesia Stock Exchange today, Alam Tri has acquired Bukit Enim from Lucky Star Corporation, Oriental Holdings Ltd, and BrightPath Corporation.
Following takeover, Adaro Energy owns 61.04% stake in Bukit Enim, PT Pamapersada Nusantara owns 20%, PT Triputra Utama Selaras owns 13.92%, and PT Bumi Alam Sejahtera owns the remaining. Pamapersada is Indonesia's largest coal mining contractor and also subsidiary of PT United Tractors Tbk. Pama also is one of Adaro's most important and long standing contractor.
Bukit Enim is a coal mining company developing a greenfield coal project in Muara Enim, South Sumatra. Bukit Enim holds a mining permit granted in March 2001 for a period of 20 years covering an area of 11,130 hectares.
Source: Insider Stories
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Wednesday, 12 October 11
CAPESIZE - A SURPRISE JUMP IN RATES - BRS
There was a surge across all sizes last week, resulting in the BDI gaining 101 points to end the week at 2,000 points (+5.3%). The BCI reached 3,218 ...
Wednesday, 12 October 11
CAPESIZE FREIGHT RATES BOUND TO RETREAT FROM 2011 HIGHS ON THE BACK OF TONNAGE OVERSUPPLY SAYS BIMCO
According to Nikos Roussanoglou, Hellenic Shipping, with the BDI (Baltic Dry Index) breaking yet another 2011 high yesterday and ending the se ...
Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES
Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a m ...
Tuesday, 11 October 11
RENUKA COALINDO BUYS JAMBI COAL
PT Renuka Coalindo Tbk, formerly PT Allbond Makmur Usaha Tbk plans to acquire PT Jambi Prima Coal holder of mining concession in Pauh, Sa ...
Monday, 10 October 11
MOZAMBIQUE CHANNEL TO BE THE NEW PIRACY HOTSPOT FOR THIS YEAR SAYS MARITIME SECURITY EXPERT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Mozambique Channel, as well as the entrance to the Persian Gulf, are expected to become some of the new pirate hotspots for piracy, says Richard ...
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- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Australian Coal Association
- The University of Queensland
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
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