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Wednesday, 11 November 09
NORTHSTAR TAKES 40 PER CENT OF INDONESIAN MINING COMPANY
AltAssets reported that, PT Northstar Pacific Partners, the Indonesian affiliate of US private equity firm TPG, has taken a 40 per cent stake in Indonesian mining company Delta Dunia Petroindo, according to reports. The investment gives the firm a large minority stake in one of the country’s largest coal contractors.
The company also reportedly raised over $383m in an equity placement last week, selling 2.6 billion secondary shares close to the lower end of its price range. Shares sold for 1,400 rupiah ($0.15) a share, the same price as that paid by Northstar.
Both stakes are being sold by major shareholder Credence Trust of Singapore, into which the company’s shareholders placed their stakes last September. The two deals represent one of the largest corporate financing initiatives in Indonesia this year.
At the same, unlisted coal services company Bukit Makmur Mandiri Utama is reportedly being merged with Delta, effectively listing the country on the Indonesia Stock Exchange.
Last week, TPG teamed up with the Canada Pension Plan Investment Board to acquire IMS Health, one of the world’s leading providers of market intelligence to the pharmaceutical and healthcare industries, in a $5.2bn buy-out.
Source: AltAssets
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Tuesday, 08 December 09
RICHARDS BAY COAL SHIPMENTS FELL 11% IN NOVEMBER FROM YEAR AGO
Coal exports from South Africa’s Richards Bay, site of the continent’s largest export terminal for the fuel, fell 11 percent in November ...
Tuesday, 08 December 09
HIGH GLOBAL COAL PRICES HIT POWER PROJECTS
Spot prices for the fuel have appreciated almost 10% in November.
After a sedate year, rising coal prices could hit the coffers of import-based d ...
Monday, 07 December 09
HOW INDIA CAN CUT ITS ENERGY NEEDS BY 20%!
Using energy more efficiently can reduce our energy needs by one fifth; it is a strategy we must pursue even as we promote renewables, says Kirit Pa ...
Monday, 07 December 09
ASIA COAL POWER IN INDONESIA DISCUSSES NEW MINING LAW, COAL AND POWER SECTORS AS INVESTMENTS POUR INTO COALMINES TO SECURE SUPPLIES
COALspot.com (Singaproe): Press Release - Asia Coal Power pinpoints growing power demand in Asia & Power sector investments in Indonesia's coal ...
Monday, 07 December 09
DRY BULK RATES' VOLATILITY TO STAY, BUT RECOVERY IS UNDERWAY SAYS ION VAROUXAKIS HEAD OF FREESEAS
In an interview with Hellenic Shipping News, Mr. Ion G. Varouxakis, Chairman of the Board, President and CEO of Nasdaq-listed Freeseas, explains why ...
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- The Treasury - Australian Government
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Australian Coal Association
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Minerals Council of Australia
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Marubeni Corporation - India
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