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Wednesday, 18 November 09
THAI PTT PLANS COAL MINE INVESTMENT IN INDONESIA
* To conclude Indonesian coal mine buy in 6 months
* Sees coal output jumping to 20 mln tonnes in five years
Reuters reported that, PTT , Thailand's biggest energy firm, said on Wednesday it would conclude a plan to invest in coal mines in Indonesia over the next six months.
"We are in talks on the coal mine investment. It will be a joint investment to help our expansion," Chitrapongse Kwangsukstith, chairman of PTT International, told reporters.
PTT International, PTT's wholly owned overseas investment arm, would invest with partners in a mine in Kalimantan, he said.
PTT has said it was looking to buy more coal assets in Indonesia and Australia.
The latest deal was in April when PTT spent $335 million to buy part of Australian miner Straits Resources' coal and salt assets. The deal marked PTT group's first foray into the coal business and its second investment in Australia.
Chitrapongse said he expected PTT to raise its coal output to 9 million tonnes this year from 7-8 million tonnes last year, then to 11-12 million tonnes in 2010 and at least 20 million tonnes in five years.
Under a five-year plan, PTT wanted to increase overseas revenue to 20 percent of group revenue from around 10 percent now, PTT finance executive Tevin Vongvanick said.
PTT, Thailand's biggest listed company with a market value of $20 billion, runs Thailand's gas pipeline monopoly and controls more than 30 petroleum, gas exploration, petrochemical and refinery businesses.
At the midday break, PTT shares were up 0.4 percent at 240 baht while the main Thai stock index was down 0.4 percent.
Source: Reuters
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Friday, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...
Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...
Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...
Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain
* Older coal loading facility seem unaffected so far
* UBS may cut valuation if disruption ...
Thursday, 08 October 09
COAL INDIA SAYS IMPORTS COULD JUMP 10 TIMES IN 3 YRS
Reuters reported that, Coal imports by state explorer Coal India Ltd could jump 10 times to 40-45 million tonnes in three years to meet a sharp rise ...
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- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- VISA Power Limited - India
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
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