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Monday, 30 January 12
CHINA'S HUNGER FOR COAL LEAVES DENT IN PENNSYLVANIA'S SUPPLY - THOMAS LESKIN
 With the price of heating oil on the rise, one of Pennsylvania's greatest natural resources - coal - is in high demand, and not just locally.
Ettore DiCasimirro, president of Skytop Coal Inc., New Boston, said recently that with the rapid industrialization of China, the world's largest producer of coal, the Chinese are not only keeping their domestic product but also importing it from the United States.
Much of that coal is coming from Pennsylvania's Anthracite Region.
China has stricter regulations concerning coal than the U.S., and the U.S. government would like to shut down some of the coal breakers here due to the pollution associated with burning coal, DiCasimirro said.
"It (coal) is something this country seems that they don't want," he said. "This country (U.S.) has over 50 percent of its electricity coming from coal."
Dicasimirro said that as China's economy continues to grow, its number of coal furnaces increases monthly. Since the U.S. and Pennsylvania are large producers of anthracite coal, the Chinese are buying it.
Duane C. Feagley, executive director of the Pennsylvania Anthracite Council, said there are two popular sizes of coal - rice and nut coal - which remain in the domestic market. Sizes smaller than that are being shipped overseas.
"We have significant reserves and high-quality reserves here (in the U.S)," Feagley said.
Anthracite coal is desired because it has the highest carbon count, the fewest impurities and the highest calorific content of any type of coal, allowing it to burn hotter and longer.
Since there are many companies that now strictly only do business with China and overseas, even in Schuylkill County, according to DiCasimirro, the business practice is taking a large amount of coal off the local market and stockpiles are down.
"There are stories going around that people are waiting a couple weeks to get a load of coal out of some of the breakers," he said.
DEP spokesman Kevin Sunday also said DEP is aware it's been difficult for the secondary buyers like home-heating suppliers but orders for coal are still being filled.
"The shortage is mostly because of the increase in demand for anthracite in the industrial world, like steel production, carbon source uses and water filtration," DEP northeast region spokeswoman Colleen Connolly said.
Dicasimirro said that although many coal companies are exporting, some, including his company, are making an effort to take care of local customers first.
"If it wasn't for the local business that we had years ago, we wouldn't be here today," he said. "I'd like to take care of the people that took care of us over the years first."
Feagley said that while there is a coal shortage in Pennsylvania and exports are up, there are other factors influencing the demand for coal.
"We are mining more coal and pulling more people than we have in the past 25 years," he said. "Anthracite coal production for the first six months of 2011 was up 25 percent."
According to Feagley, the Pennsylvania coal mining industry normally produces about 1.5 million to 1.7 million tons of coal annually, and this year, they industry expects to produce about 2 million tons.
As far as exports, while in the past about 150,000 tons were sent overseas, in recent years, there has been as much as 400,000 tons produced for foreign buyers in a year.
One of the other major factors contributing to the increased demand is the loss of production from many of the anthracite deep mines.
Feagley said that in the last five years, about five to six deep mines have gone out of business, which is a loss of about 3 million tons of coal.
Other factors, according to Feagley, include: the increased rainfall in 2011, state and regulatory practices slowing things down, the increased cost for heating oil increases demand for coal, and there were some coal dealers who waited until there was a demand to try to get the coal instead of buying it from June through August, adding to the shortage
Although the demand has increased, he added that the price for coal has not increased significantly and is roughly $170 to $190 a ton, costing about $600 to $800 to heat a home during the winter.
"There's a lot of little things that happened that have contributed to this over the last year," Feagley said. "I've been in contact with the producers and they're telling me they're taking steps to make sure there's adequate production for the winter."
Feagley said that Pennsylvania's coal mining companies are working diligently, and over the next several months, the shortage will start to be worked out.
"Our industry is doing everything we can," Feagley said. "Supplies are starting to return to normal levels."
Source: Republican Herald (by Thomas Leskin )
About Thomas Leskin
Thomas Leskin is a staff writer at The Republican-Herald in Pottsville, Pa. A 2010 graduate of Penn State University with a B.A. in print journalism, before working at his current position, he worked as an intern at China Daily in Beijing, China, and then The News-Item, a sister newspaper to The Republican-Herald.
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Monday, 20 February 12
COAL BOOM AND ENVIRONMENTAL CONCERN - SUNIL K KUMBHAT
COALspot.com - The dawn of the 21st century has seen a shift in the world's commercial balance of power, with the dominance of the US, Europe and J ...
Sunday, 19 February 12
THE SPOT FIXTURE RATES WERE REPORTED AT HIGH LEVELS - VISTAAR
COALspot.com - "The markets seems to holding back this week appears the momentum which picked up last week may slow down" - Capt. Reddy of ...
Sunday, 19 February 12
INDIKA ACQUIRES MULTI TAMBANGJAYA - INSIDER STORIES
Insider Stories reported that, PT Indika Energy Tbk (INDY) announced that wholly-owned subsidiaries have signed a conditional sale and purchase agre ...
Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS
Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose ...
Thursday, 16 February 12
GEARING UP FOR THE EMERGING OIL & GAS OPPORTUNITIES IN MYANMAR
Press Release - Myanmar Ministry of Energy and Centre for Management Technology (CMT) to Co-host MOGP (Myanmar Oil, Gas & Power) Summit on 28 - ...
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- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
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- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
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- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Economic Council, Georgia
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
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