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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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- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
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