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Monday, 09 November 20
INDONESIA MAY CUT BIODIESEL USE TARGET AS SUBSIDY FUND DEPLETES - FITCH
 The Indonesian government may rein in its push to increase use of biodiesel as it now comes at higher cost following a fall in crude oil prices and sustained strength in crude palm oil (CPO) prices, Fitch Ratings says. Biodiesel is now much more expensive than regular diesel, and the subsidies drawn from an industry fund to promote biodiesel production and use have been increasing.
We estimate that the industry fund will be able to subsidise only around 8 million kilolitres (kl) of biodiesel, compared with the government's target of use of 9.6 million kl in 2020, in the absence of other measures. This suggests that Indonesia may miss its target for 2020. Also, the outlook for biodiesel demand in 2021 and CPO export levies, which contribute to the fund, is uncertain.
We think the government may scale down its plans to increase biodiesel use in Indonesia, take steps to raise collections for the industry fund through higher palm oil export levies or trim subsidies given to biodiesel producers. These actions will not only affect such producers, but are also likely to affect CPO prices and the broader palm oil industry.
Among rated names, Golden Agri-Resources Ltd. (GAR), whose consolidated profile is the basis for the rating of subsidiaries, PT Ivo Mas Tunggal and PT Sawit Mas Sejahtera (both rated A-(idn)/Stable), and PT Tunas Baru Lampung Tbk (TBLA, B+/A(idn)/Negative) have significant biodiesel capacities and it contributes significantly to revenue.
Source: FITCH
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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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- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- The University of Queensland
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Economic Council, Georgia
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
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