We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 30 July 13
WIJAYA TRI UTAMA PURCHASES MICROCOAL TECHNOLOGIES' CLEAN COAL UPGRADING FACILITY
 - First MCI commercial scale application of proprietary microwave technology to upgrade coal thermal output and reduce pollutants
- MicroCoal to receive US $6 Million installation fee and annual fees for six years
MicroCoal Technologies Inc. (formerly Carbon Friendly Solutions Inc.) has announced that its wholly owned subsidiary, MicroCoal International Inc. (“MCII”), has entered into a sales agreement (“Master Agreement”) with PT Wijaya Tri Utama (“PWTU”).
According to company's statement posted on company's website, It provides for the design, construction, operation, and maintenance of the first MicroCoal™ commercial facility utilizing the Company’s proprietary ground breaking coal drying technology (the “Facility”). The contracted price for the construction of the Facility’s installation is USD $6,000,000 (“Construction Fee”).
The statement further said that, a portion of the Construction Fee is to be paid up front, with the balance of the funding for the Facility to be secured by an irrevocable letter of credit arranged by PWTU for the benefit of MCII. In addition to the one time Construction Fee, PWTU has agreed to pay MCII an annual fee for a period of six (6) years and maintenance fees pursuant to the supporting agreements to be entered by the parties.
The Facility will be located on-site at the PWTU coal-fired power plant on the island of Kalimantan, Indonesia and will be designed to upgrade the calorific value of approximately 190,000 tonnes per year of low-rank coal (approximately 8,000 Btu/lb.) to a higher calorific coal (approximately 9,000 Btu/lb.) by removing up to 10% of the total moisture. MicroCoal has concluded that its technology can substantially increase the calorific content of this specific low-rank Indonesian coal above 11,000 Btu/lb. by further reducing the moisture content.
Slawek Smulewicz, CEO and Director of the Company, states: “The execution of this Master Agreement is a validation of the importance of our technology as part of a global energy solution that improves the thermal output of coal and reduces the pollution it generates. We are extremely delighted that PT Wijaya Tri Utama has purchased the MicroCoal technology to optimize the performance of their coal plant, as Indonesia is one of the world’s largest consumers of low-rank coal. This first commercial installation will serve to showcase the scalability of our modular microwave coal drying technology, which we plan to apply to coal-fired power plants worldwide. We are very excited to see the global commercial roll-out for this revolutionary technology.
About MicroCoal Technologies Inc.
The Company is focused on commercializing its unique, clean-coal technology through its 100% owned subsidiary MicroCoal Inc. MicroCoal is a low-cost, internationally patented microwave technology that reduces moisture in low-rank coal, thereby upgrading the energy content of low-rank coal comparable to that of more expensive high-rank coal.
One of the keys to commercial success for the application is its integration directly on-site at the utility's location, thus providing direct access to unused electricity during off-peak times.
The resulting effect is that the power required in the drying process has a greatly reduced input cost. Nearly all coal-fired utilities world-wide will now be able to switch to lower cost, low-rank coal and obtain substantial economic and environmental benefits, including major reductions in fuel costs, improved boiler efficiencies, and up to a 70% reduction in emissions of SOx, NOx and mercury. (Source: Company's website)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 22 December 22
RUSSIAN OIL EXPORTS CRATER BY 54% IN THE FIRST FULL WEEK OF THE EU'S EMBARGO AMID A SHORTAGE OF TANKERS WILLING TO CARRY CARGOES - BUSINESS INSIDER
Since the European Union imposed its seaborne crude sanctions, Russian oil exports have tumbled by more than half, according to data compiled by Bl ...
Thursday, 22 December 22
CHINA TIGHTENS VERIFICATION OF SHIPS’ ENERGY CONSUMPTION DATA - GARD
From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements of their Ship E ...
Thursday, 22 December 22
AN OVERVIEW OF THE LNG MARKET - VESSELSVALUE
LNG values have continued to strengthen, spurred by skyrocketing earnings that have surpassed last year’s record breaking peaks. In November, ...
Thursday, 22 December 22
COKING COAL SLUMPS AS TALKS ON AUSTRALIA-CHINA TRADE RIFT LOOM - REUTERS
Chinese coking coal futures dropped more than 3 per cent on Tuesday (Dec 20), extending losses, as supply of the steelmaking input might increase i ...
Thursday, 22 December 22
COAL AND GAS PRICE CAPS MAY COMPOUND POLITICAL RISK FOR AUSTRALIAN CORPORATES - FITCH RATINGS
Australia’s introduction of temporary price caps on domestic sales of gas and coal used for electricity generation will probably have limited ...
|
|
|
Showing 161 to 165 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- VISA Power Limited - India
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- MS Steel International - UAE
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
|
| |
| |
|
