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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, 28 April 09
S'PORE COURT RULES AGAINST DEUTSCHE ON ASSET SALE - REUTERS
Singapore's highest court has ruled that Deutsche Bank (DBKGn.DE) may have to pay unspecified damages to an investment firm as it did not get the b ...
Tuesday, 28 April 09
WORLD THERMAL COAL PRICE EXPECTED TO CRASH - PURCHASING.COM
Macquarie Bank sees 50% drop to $60/ton in 2009
Macquarie Bank today forecast the 2009 average market price for world thermal coal at $60/ton, a ...
Tuesday, 28 April 09
THAI LANNA TO OPEN NEW INDONESIAN MINE BY Q3 - REUTERS
Thailand's Lanna Resources PCL LANN.BK said on Monday it planned to open a new coal mine in Indonesia by the third quarter of 2009 with an initial ...
Tuesday, 28 April 09
SOUTH AFRICAN EXPORT COAL RETREATS ON WEAKER EUROPEAN DEMAND - BLOOMBERG
Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, fell for a second co ...
Monday, 27 April 09
INDONESIA S.KALIMANTAN GETS COAL TRUCKS OFF PUBLIC ROADS - REUTERS
A local government in one of Indonesia's top coal-producing areas has banned coal and palm oil firms from using public roads because of the damage ...
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- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- The University of Queensland
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
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