Category Archives for Emerging Markets
Information on the Emerging Markets Focus Group
Coal offers cautious optimism for Trump at first post-election conference
URL: https://www.snl.com/InteractiveX/article.aspx?CDID=A-38623833-12331&KPLT=4
SNL, Christopher Coats, 12/8/2016
At one of the first industrywide gatherings since Election Day, the coal sector offered cautious optimism about the Trump administration’s impact on the industry after years of challenges.
Gathered in New York for the 15th Annual Coal Trading Conference on Dec. 5 and 6, industry representatives offered their takes on election results that, admittedly, few saw coming.
Throughout this year’s presidential campaign, Donald Trump pledged support for the coal industry, promising on several occasions to push back on Obama administration regulations often cited as detrimental to the industry and to “put miners back to work.”
Development Groups: More Coal Plants will not end Energy Poverty
By Joshua Learn
S&P Global Intelligence (October 2016)
Coal-fired generation is not the answer for fighting energy poverty, according to a new position paper from international development organizations.
The paper, “Beyond Coal,” released by the Overseas Development Institute and a consortium of other international groups focused on fighting poverty, among other things, disputed claims by the fossil fuel industry that coal should play a central role in efforts to eliminate extreme poverty and improve access to energy for billions of people in developing countries.
ICE launches Platts-based coal futures contract for ILB
By: Andrew Moore, Managing Editor Platts Coal Trader
Intercontinental Exchange on Monday (April 4) launched a new U.S. coal futures contract, and corresponding futures options contract, for Illinois Basin coal, the first coal futures contract for the U.S. market since October 2014.
The futures contract will be financially-settled against a monthly average of Platts daily physical market price assessments for 11,800 Btu/lb Illinois Basin coal. Platts is the leading independent provider of information and benchmark prices for the energy and commodities markets.
Annual production for IB, CAPP and NAPP
GRE partners with Chinese firm to market DryFining
ACC member Great River Energy has partnered with a Chinese firm to market their DryFining technology to utilities in China.
Great River Energy recently completed negotiations for and executed a DryFining License and Technology Transfer Agreement with Tangshan Shenzhou Manufacturing (TSM) Company to make the DryFining technology available to utilities in China.
Read the full press release on the GRE website.
Tihart: Missing ‘green coal’ opportunities
Coalblog readers should check out Todd Tiahrt’s recent editorial on the Washington Times website. Tiarht, a former Kansas Congressman and n0w CEO of Neumann Systems Group, explains that if we are to encourage the developing world to use their coal in an efficient and clean manner, we will need to continue developing new cleaner technologies here in the U.S.A. As in many other policy and technology arenas, the U.S. is expected to provide leadership in the development and deployment of new, clean coal technologies, but we won’t be able to do so if we continue to attack our coal-fueled generation fleet and coal supply at every turn.
Coal exports setting new records
We’ve heard it said in American Coal Council conferences, and I told it to an AP reporter this morning, even if some of the people in this country are naive enough to think we can stop using abundant, affordable, and increasingly clean American coal, the rest of the world is striving to get ahold of it.
Bloomberg Businessweek reported some of the rapidly growing export numbers this week,
U.S. exports of coal and fuels such as gasoline and diesel continue to soar. Both categories are on track to set new annual records, according to government data.
The Carnegie-Krupp Template for Coal Deployment Optimisation Part II
Editor’s Note: As part of the Coalblog’s continuing commitment to bringing you new and innovative editorial and ideas, I have invited Walter James O’Brien to expand on his 2010 American Coal magazine article, “Carbon Compliance Using the Carnegie Model.” In this new article, O’Brien expands on the theme of using CO2 to promote industrial development. Please feel free to comment and suggest other means of making CO2 pay.
Transforming green obstacles into profit centers with near-zero capital outlay can be done through intelligent deals-based outsourced capabilities and/or partnership agreements. Expanding on an earlier essay on the Carnegie-Krupp paradigm for industrial development, there are a variety of ways of meeting shareholder demands while satisfying and exceeding the vagaries of environmental regulation.
Martin Engineering opens offices in Lima Peru
Thanks to the folks at Martin Engineering for forwarding this information on their new offices that are opening in Lima, Peru.
A worldwide leader in bulk materials handling technology has announced a new sales and service location, as Martin Engineering opens its offices in Lima, Peru. The new facility will provide products and technical support to the central and northern regions of the country, with plans to continue developing the emerging market in Bolivia. Martin Engineering Peru began operations in April of 2010 with the opening of its main office in Arequipa. With the addition of the new location, the company plans to divide the region into five territories to facilitate sales and track activities.
Indonesian Coal Miner Plans $167m IPO to Finance Coal Boom
Written by Joao Peixe
Monday, 10 October 2011 23:24
Indonesian Atlas Resources is readying a $167 million initial public offering to help finance building supporting infrastructure in its Sumatra coal mining hubs in Muba and Oku.
Indonesian Atlas Resources director Abdi Andre issued a statement noting that about $25 million of the IPO funds will go to compensation for restructuring Atlas Resources’s supply contract with Hong Kong-based Noble Group Limited to start a new marketing and sales contract, while another 27.5 percent of the proceeds will be set aside for acquisitions in new fields should an “opportunity arise,” The Jakarta Globe reported.