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Friday, 11 November 11
PETROCOM ENERGY PLANS $40M TO BUILD COAL PLANT IN CILEGON - JP
The Jakarta Post reported that, Hong Kong-based Petrocom Energy Ltd has unveiled plans to invest up to US$40 million on a proposed coal-blending facility in Cilegon, Banten.
The facility is planned to have a production capacity of 10 million tons per year, and will be situated inside the state-run Krakatau Steel industrial complex.
Petrocom director and chairman Howard Au said Friday in Cilegon that the facility would generate coal to specifications in line with customers’ needs.
“There is a lot of low-quality coal rejected by the market. We therefore need to mix and process this coal so that the end products are in accordance with the market demands,” Howard said during a press conference on the facility plan.
He added that Petrocom had completed a feasibility study required for the construction project and had submitted the results to Krakatau Steel.
Petrocom's Indonesian legal advisor, Bambang Setiawan, said it may take up to three months to settle legal and regulatory affairs with Krakatau and the Indonesian Energy and Mineral Resources Ministry before the construction project could commence.
“It might take up to 18 months to complete the facility, since we first need to choose the location, complete a design and then build it,” Howard said, as quoted by kontan.co.id.
Source: The Jakarta Post
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Wednesday, 02 November 11
MMTC TO BUY 3.73 MILLION TONS OF COAL FOR 2011- 2013
COALspot.com - India’s state-owned coal and mineral trader MMTC looking for 3.73 million tons of power plant coal for the period 2011 - 2012/ ...
Wednesday, 02 November 11
PANAMAX MARKET BECAME QUIETER AFTER THE RECENT RECOVERY - BRS
There were substantial losses across the board this week: the BDI lost 6.3% to end at 2,018 and the BCI 8.2% to end 3,274. In the smaller sizes the ...
Tuesday, 01 November 11
BORNEO LUMBUNG BUYS 23.8% INTEREST IN BUMI
COALspot.com - PT. Borneo Lumbung Energi (BORN), an Indonesian coking coal producer announces that it has signed a sale and purchase agreement, cond ...
Tuesday, 01 November 11
BAKRIE FORMS STRATEGIC PARTNERSHIP WITH BORNEO - REDUCING DEBT BY USD 1 BILLION
Press Release - Enhancing the standing of “Indonesia Inc.” at the London Stock Exchange PT Bakrie & Brothers Tbk (“BNBR” ...
Tuesday, 01 November 11
ATLAS RESOURCES SETS IPO AT RP1,500 - INSIDER STORIES
Insider Stories reported that, coal miner PT Atlas Resources Tbk has set its initial public offering (IPO) at Rp1,500 (approximately US$ 0.169) per ...
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- Indian Oil Corporation Limited
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- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
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- Economic Council, Georgia
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- Eastern Coal Council - USA
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- Bhoruka Overseas - Indonesia
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- IHS Mccloskey Coal Group - USA
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- Australian Commodity Traders Exchange
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- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
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- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- VISA Power Limited - India
- GMR Energy Limited - India
- Deloitte Consulting - India
- White Energy Company Limited
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
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- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
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- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
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- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
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- The State Trading Corporation of India Ltd
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- Singapore Mercantile Exchange
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- Semirara Mining and Power Corporation, Philippines
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- The University of Queensland
- Electricity Authority, New Zealand
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- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
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- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
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- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Bhatia International Limited - India
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- Oldendorff Carriers - Singapore
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