We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
 The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bharat Earth Movers, which has set up an operation in Balikpapan, East Kalimantan.
Bharat’s total investment, including a basic assembly plant and after-sales service network, is expected to reach an estimated $44 million.
“Based on our study, Indonesia presents big opportunities for heavy equipment,” Bharat’s chairman and managing director, V RS Natarajan, said at a launch ceremony in Jakarta on Monday. “We believe that the total market is worth between $500 and $600 million.”
Until Bharat’s arrival, there had only been two heavy equipment suppliers in Indonesia — US-based Caterpillar and Japan-based Komatsu.
Natarajan said that Bharat would be seeking a 10 percent market share worth an estimated $50 million in its first year of operations.
“Currently, we have contracts with two Indonesian companies — Bumi Resources and another Bakrie group company,” he said. “The contracts are worth $44 million and cover three products: hydraulic excavators, bulldozers and wheel dozers.”
Over the next two years, Bharat is targeting $300 million in heavy equipment sales. “And if we achieve that target, we will open a full assembly plant in Indonesia,” Natarajan said.
Bharat is an Indian state-owned company run by that country’s Ministry of Defense.
It produces 35 types of heavy equipment for the mining and construction sectors, defense equipment and metro and railway equipment. To establish its edge among the competition, Natrajan said that Bharat would offer customers lower prices, faster arrival times and warranties of up to 17 years.
“India and Indonesia are quite near each other, compared to Japan or the United States. So we’re able to promise the customer faster arrival times,” he said.
This is the fourth branch outside of India that has been established by Bharat, with the others being in Malaysia, China and Brazil.
“We chose Indonesia as this country has a strong mining sector, but lacks heavy equipment,” Natrajan said.
The arrival of Bharat comes at a difficult time for the heavy equipment industry, as the economic slump continues to eat into mining output.
“Many of the existing companies have had to postpone expanding capacity due to the global crisis, which has forced mine operators to delay their purchases of heavy equipment,” Pratojo Dewo, the chairman of the Heavy Equipment Industry Association (Hinabi), said on Sunday, as quoted by Kontan business daily.
Source: The Jakarta Globe
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 23 November 09
INDONESIA MINING RULE THREATENS INVESTMENT DRIVE
A new Indonesian mining rule, limiting contract work that can be outsourced and favouring local players, is shaping up as a new blow to plans ...
Sunday, 22 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 25,000/26,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR ANALYSIS
COALspot.com (Singapore): Analyised by Capt. Radhakrishnan Reddy, Managing Director of Vistaar Shipping Services, Singapore.
BDI hits a new high ...
Friday, 20 November 09
INDONESIA UNITED TRACTORS PLANS $430 MLN CAPEX IN 2010
Reuters reported that, Indonesian heavy equipment distributor and mining contractor PT United Tractors Tbk plans capital expenditure of $430 million ...
Friday, 20 November 09
DRY BULK SHIP OWNERS HOPE RALLY WILL LAST
Boon times are still on the daily agenda of every dry bulk ship owner these days after one of the toughest year in the industry’s century-old ...
Friday, 20 November 09
NTPC LOOKING FOR LONG TERM CONTRACTS FOR COAL IMPORT
Business Standard of India reported that, State run power firm NTPC today said it is looking for long-term supply of coal from overseas market to me ...
|
|
|
Showing 6231 to 6235 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Australian Coal Association
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- White Energy Company Limited
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- The University of Queensland
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
|
| |
| |
|
