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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 $800 to heat a home during the winter.
"There's a lot of little things that happened that have contributed to this over the last year," Feagley said. "I've been in contact with the producers and they're telling me they're taking steps to make sure there's adequate production for the winter."
Feagley said that Pennsylvania's coal mining companies are working diligently, and over the next several months, the shortage will start to be worked out.
"Our industry is doing everything we can," Feagley said. "Supplies are starting to return to normal levels."
Source: Republican Herald (by Thomas Leskin )
About Thomas Leskin
Thomas Leskin is a staff writer at The Republican-Herald in Pottsville, Pa. A 2010 graduate of Penn State University with a B.A. in print journalism, before working at his current position, he worked as an intern at China Daily in Beijing, China, and then The News-Item, a sister newspaper to The Republican-Herald.
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Wednesday, 04 January 12
NEWBUILDING ORDERS PICKED UP IN 2011, BUT 2012 EXPECTED TO BE A DIFFERENT STORY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the BDI (Baltic Dry Index) starting the year on a sour note, losing 114 points and ending yesterday’s session, the first of the new year, ...
Wednesday, 04 January 12
MAHAGENCO TO IMPORT LOW MOISTURE COAL
COALspot.com - Maharashtra State Power Generation Co. Ltd. is the state power generation utility owned by Government of Maharashtra, intends to proc ...
Tuesday, 03 January 12
INDONESIA COAL REFERENCE PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the January 2012 coal reference price at US$ 109.29 per ton or US$ 3.3 ...
Tuesday, 03 January 12
WHICH WAY WILL THE DRY BULK MARKET HEAD ON FIRST WEEK OF THE YEAR? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Dry bulk ship owners will be wondering which way will the BDI (Baltic Dry Index), the industry’s benchmark, will head during the first days of ...
Monday, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...
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- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- PTC India Limited - India
- VISA Power Limited - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
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