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Saturday, 26 September 09
SAIL TO SET UP TWO SLAG-BASED CEMENT MANUFACTURING UNITS
Rediff Business reported that, Government-owned Steel Authority of India Ltd, the country's largest steel producer, is looking to set up two greenfield slag-based cement manufacturing units with a total capacity of 3 million tonnes through a joint venture.
"We will form two more joint ventures to set up cement plants at Rourkela and Burnpur. The Rourkela plant will have a capacity of 2 mt, while the Burnpur unit will have a capacity of 1 mt. The joint venture partners will be decided through a bidding process," Chairman S K Roongta told Business Standard.
New capacity creation for a million tonnes of cement usually requires an investment of Rs 350-400 crore (US$ 72,947,076 - 83,368,087), according to estimates by cement industry sources. Setting up of these two units with a total capacity of 3 million tonnes could require an investment of Rs 1,100-1,200 crore (US$ 229,262,240 - 250,104,262).
SAIL is already developing two cement plants at Bhilai and Bokaro through a joint venture with Jaiprakash Associates, which is a major cement player. The Bhilai plant, with a capacity of 2.2 mt, would be operational by mid - 2010. The Bokaro plant, with a capacity of 2 mt, is expected to begin cement production by July 2011.
In both of these joint ventures, SAIL has a 26 per cent stake. The proposed new joint ventures are also expected to have a similar holding structure.
Through concurrent expansions at its five integrated steel plants at Bokaro (Jharkhand), Bhilai (Chhattisgarh), Rourkela (Orissa), Durgapur and Iisco Steel Plant (both West Bengal), SAIL has targeted to step up its total steel production capacity from 14 mt to 23 mt by 2012.
This capacity expansion will result in a significant increase in the volume of slag, which is a byproduct. The slag-based cement plants will enable SAIL to find long-term solutions for the disposal of the byproduct generated at these plants.
The domestic cement industry has a capacity of about 226 mt. It is expected to add another 35-40 mt by the end of the year as most players are augmenting capacities. Cement consumption has been growing at double-digit rates month-on-month, mainly driven by the demand from rural and semi-urban areas. In August, for instance, the industry clocked a despatch growth rate of 17 per cent.
Source: Business Rediff
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Wednesday, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT
China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand i ...
Wednesday, 14 October 09
SA'S COAL OUTPUT LIKELY TO RISE BY 2011, BOOSTED BY WATERBERG MINES
Mining weekly reported that, South Africa's coal production will struggle to meet demand over the next few years, but coal production could likely ...
Tuesday, 13 October 09
INDONESIA'S BAYAN SEES 2010 COAL OUTPUT UP 42 PCT
Reuters reported that, Indonesian coal miner PT Bayan Resources Tbk (BYAN.JK) said on Tuesday it expects its coal output to increase by 42 percent i ...
Tuesday, 13 October 09
STRAITS ASIA UPBEAT ON MEETING 2009 COAL OUTPUT
Reuters reported that, Singapore-listed coal miner Straits Asia is still optimistic about meeting its coal output target of 9 million tonnes this ye ...
Tuesday, 13 October 09
THERMAL COAL DEMAND IN CHINA DRIVES PRICE INCREASES
Metal Miner reported that, Thermal coal prices have been falling this year; contrary to many other commodities, both metals and energy that hit bott ...
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- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Planning Commission, India
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- The University of Queensland
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