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Sunday, 01 November 20
GRADUAL RECOVERY FOR INDONESIAN COAL FROM 4Q20; RISKS REMAIN - FITCH RATINGS
 Fitch Ratings expects the credit metrics of Indonesian coal miners and coal contractors to improve from 4Q20 with the recovery in volumes and prices. Fitch also expects the recovery to continue into 2021, as we do not envisage a second round of strict lockdowns.
Fitch has revised its full-year coal-price assumptions, and also assumes lower volumes of 84%-89% of 2019 levels in 2020, reflecting weaker seaborne coal demand, before recovering gradually in 2021. There are further downside risks to volumes beyond our estimates, from a sustained weakness in coal prices.
Fitch also said, credit metrics of most Indonesian miners and contractors are likely to decline in 2020 close to - or beyond - our negative rating action triggers, affected by lower profitability and weaker volumes before recovering in 2021. Recurring sporadic lockdowns are likely to delay revival in economic growth, and in turn hurt demand for coal in key import markets.
Fitch also said, we envisage the ratings on most of the Indonesian coal companies to be at risk if the current weak coal price and demand environment continues into 2021. PT Bukit Makmur Mandiri Utama (BUMA, BB-), PT ABM Investama Tbk (ABM, B+) and PT Indika Energy Tbk (Indika, BB-), which are currently on Negative Outlook, are the most prone to a rating downgrade.
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Monday, 14 December 20
PHILIPPINE BANK RCBC TO STOP LENDING FOR NEW COAL-FIRED POWER PROJECTS - MANILA BULLETIN
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has forthrightly declared that it will no longer extend financing to new coal-fired power ...
Sunday, 13 December 20
LONGSTANDING DOWNSIDE RISKS TO TRADE OUTLOOK - BALTIC EXCHANGE
The OECD has attempted to put a positive spin on the trade message emanating from its latest economic outlook, released last week.
The ...
Sunday, 13 December 20
INDONESIA COAL OUTPUT AT 514 MILLION TONNES THIS YEAR, 2021 TARGET UNCHANGED - REUTERS
Indonesia coal output in the period to Dec. 10 stood at 514.2 million tonnes, official data from the energy ministry’s website showed.
&n ...
Thursday, 10 December 20
MALAYSIA'S CIMB ANNOUNCES COAL FINANCING PHASE-OUT BY 2040 AS ASIA'S FOSSIL FUEL DIVESTMENT DRIVE ACCELERATES - IEEFA
The first emerging markets bank to announce a progressive coal exit policy
Malaysia’s CIMB Group Holdings (CIMB) has announced ...
Wednesday, 09 December 20
MARKET INSIGHT - INTERMODAL
Heading towards the end of a difficult year and with the entire planet under the shadow of the covid-19 virus, it is interesting to proceed with a ...
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Showing 711 to 715 news of total 6871 |
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- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- The University of Queensland
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
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