Trident Chempar requires Indonesian thermal coal
Friday, January 9 2015 - 02:14 AM WIB
Trident Chemphar an Indian based company, announced that it has a firm requirement for 5000 Gar coal ( 6 X 70,000 MT +/- 10%) single mine coal with total moisture 24-25 % max, total sulphur < 0.4 % and ash content 6% max to be delivered at the end of first quarter and through second quarter /third quarter of 2015.
Amyn Karim, Manager for Business Development (Coal & Minerals) at Trident Chemphar told Petromindo.com that the company shall also require the contractual specifications, with the ultimate ash and aft analysis of the coal.
"Apart from the above specific inquiries we also have several opportunities to offer coal to our clients located across various geographies ranging between 3400 to 6000 Gar," Karim said. "Please see our below regular requirements, also note that for the 5500 and 6000 Gar coals we may be able to accept blended cargoes as well,".
1) 3400 GAR (1X50,000 MT + /- 10% ) For March 2015 Laycan.
2) 4200 GAR (1X50,000 or 1X 70,000 MT + /- 10%) For February 2015 Laycan (Regular Requirement).
3) 4800 GAR (1X50,000 or 1X 70,000 MT + /- 10%) For March 2015 Laycan.
4) 5000 GAR - Mentioned Above (Also Other Specs of 5000 Gar are acceptable apart from the above specific enquiry.) For February 2015 End Laycan
5) 5500 GAR (1X50,000 or 1X 70,000 MT + /- 10%) For March 2015 Laycan.
6) 6000 GAR ((1X50,000 or 1X 70,000 MT + /- 10%) For March 2015 Laycan.
Trident Chemphar was established in the year 2007 as a group company of the prestigious Aurobindo Pharmaceuticals Ltd, a highly reputed publicly listed entity having a total turnover in excess of US$2 billion and is a top ten pharmaceutical company having its head office located at Hyderabad in India.
"We commenced our coal trading desk this year to cater to the escalating demand of the growing Asian market and have thus far transacted 6 vessels both for our captive consumption as well as third party sales," Karim said.
Apart from a pan India presence, the company also has its group offices in China, Singapore, Dubai and which act as their trading and procurement arms.
"We are currently focused on direct institutional sales but also have dedicated plots at three major ports across southern India where the coal cargoes are discharged so as to enable us to cater to our smaller industrial customers across various segments basis a stock and sale model," Karim said.
He revealed that the company's target this year is to grow its thermal coal business to 3 million tons backed by off-take agreements as well as term contracts which they are in the process of structuring with reputed coal mining companies across Indonesia.
Karim stated that the company clocked an annual cumulative turnover of US$65 million last year and ?are very much on course to double that figure this financial year with the coal desk contributing approximately 30 percent of that revenue target.?
Interested party, please contact: Amyn Karim, Manager of Business Development (Coal & Minerals) Trident Chemphar
Email: amynhussein.k@tridentchemphar.com
Cell: 0091-09920095727 (Whats App) / 09502732880
BB Pin: 22AB72F1
E-mail: mailamyn@gmail.com / mailamyn@yahoo.com (YM)
Skype: bolyaar
Address: Plot No 11, Survey No 9
The Water Mark Building , 6th Floor
Hitech City , Kondapur , Hyderabad ? 500084
Telangana State, India.
Editing by Reiner Simanjuntak