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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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Wednesday, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an officia ...
Wednesday, 13 May 09
ALPHA TO BUY RIVAL, CREATING NEW US COAL HEAVYWEIGHT - MININGWEEKLY.COM
Alpha Natural Resources, the biggest supplier of metallurgical coal in the US, has agreed to buy Maryland-based rival Foundation Coal for about $1,4 ...
Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
* Producers cut offer to $75.50 a tonne from over $80
* Negotiations may conclude soon as price gap narrows
* New offer at discount of about 43 pe ...
Tuesday, 12 May 09
INDO TAMBANGRAYA SEES 2010 COAL OUTPUT UP 25 PCT - REUTERS
Indonesian coal miner, PT Indo Tambangraya Megah (ITMG.JK), expects coal output to increase by up to 25 percent next year as production kicks in at ...
Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
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- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
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- Chamber of Mines of South Africa
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- Parliament of New Zealand
- Planning Commission, India
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- The University of Queensland
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- Global Business Power Corporation, Philippines
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- PTC India Limited - India
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- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
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- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
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- Alfred C Toepfer International GmbH - Germany
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- Minerals Council of Australia
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
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- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
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- Kapuas Tunggal Persada - Indonesia
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- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
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- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
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- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
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- Romanian Commodities Exchange
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- Directorate General of MIneral and Coal - Indonesia
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- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- MS Steel International - UAE
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
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- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
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- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Economic Council, Georgia
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- Mintek Dendrill Indonesia
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- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
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- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
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- Dalmia Cement Bharat India
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- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
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