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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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Tuesday, 05 May 09
INDONESIA'S ADARO PAYS $78.6 MLN FOR COAL-BARGING FIRM - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, said late on Monday it paid $78.6 million for a 74 percent stake in Orchard ...
Tuesday, 05 May 09
PHILIPPINES SEMIRARA STILL EXPECTS HIKE IN COAL SALES - BUSINESS MIRROR
DESPITE the anticipated soft demand resulting from the prevailing global financial crisis, the country’s largest coal producer Semirara Mining ...
Monday, 04 May 09
VISTAAR SINGAPORE SAYS, THIS MONTH DRY BULK FREIGHT LIKELY TO COME DOWN
COALspot.com (Singapore) - VISTAAR shipping Services Pte Limited of Singapore, said, the beginning of last week started with bit of weakness an ...
Monday, 04 May 09
PNOC-EC TO GROW COAL OPERATIONS - PHILIPPINE DAILY INQUIRER
LISTED firm Philippine National Oil Co.-Exploration Corp. plans to expand its operations this year to ensure the steady supply of coal and fur ...
Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for ...
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- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- VISA Power Limited - India
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
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