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Who are Coalindo Energy

Who Are We?

PT Coalindo Energy Develops Specialist Pricing Services For The Indonesian Coal Markets

The idea of the company’s establishment was initiated by the executives of the Indonesian Coal Mining Association (ICMA). In 2003, Indonesia experienced a growth of coal exports at 85.31 million tons. Recognizing the importance and the project expansion of this trend, it was decided that the time was opportune for Indonesia to produce a coal price assessment for more accurate and effective of the Indonesian coal price. This company would maintain a shared ownership with international energy publishers, Argus Media Limited, to facilitate and reiterate its independent position in the energy pricing business. Shareholders in Coalindo include mining firms, regional power utilities, and prominent individuals from the coal markets. Coalindo price assessments are primarily derived from its own weekly panel system that comprises a diverse number of registered and pre-qualified members.

Shareholders in Coalindo include mining firms, regional power utilities, and prominent individuals from the coal markets. Coalindo price assessments are primarily derived from its own weekly panel system that comprises a diverse number of registered and pre-qualified members. The panel membership is continually and carefully balanced between the spectrum of coal companies involved in the Indonesian coal business incorporating buyers/users, miners and traders. For this purpose, a board which comprised of personnel from the management of ICMA was formed to take preparatory steps to establish a company tasked to handle the development, maintenance and administration of these indices. In 2005, Indonesia’s export volumes reached 112.92 million tons, easily exceeding Australia’s export of 107 million tons. This dominant position in world coal supply, helped drive the establishment of this company. Consequently with support from the experienced management of ICMA, particularly from Jeffrey Mulyono, Soedjoko Tirtosoekotjo and Kazuya Tanaka, PT Coalindo Energy, was officially formed in 2006 and headquartered in Jakarta, Indonesia.

VISION AND MISSION

Vission

To be the preeminent company in the coal index sector, recognized globally for our commitment to fairness, operational excellence, collaboration, integrity, and stakeholder empowerment through the Indonesian Coal Index (ICI)

Company Values for PT Coalindo Energy : FOCUS

  • Fairness : Upholding fairness in all our operations and decisions.
  • Operational Excellence : Striving for accuracy, reliability, and transparency in creating the Indonesian Coal Index (ICI)
  • Colaboration : Building and maintaining a cohesive and representative pricing panel for the determination of ICI.
  • Unwavering Integrity : Operating ethically and with integrity for benefit of producers, consumers, and all stakeholders.
  • Stakeholder Empowerment : Working toward creating value and benefit for all stakeholeders.
Mission
  • To ensure that fairness is embedded in all our operations and decision-making processes, reflecting in the ICI as a true representation of fair value for all stakeholders.
  • To maintain the highest standars of accuracy, reliablility, and transparency in creating and managing the ICI, thus achieving operational excellence
  • To foster collaboration within the industry by building and maintaining a cohesive and representative pricing panel for the determination of the ICI.
  • To enhance human capital development and Information Technology
  • To operate with unwavering integrity, adhering to ethical standards and principles in all our interactions for the benefit of producers, consumers, and all stakeholders.
  • To enhance stakeholder empowerment by creating significant value and prioritizing mutual benefit in our strategic initiatives and decision-making processes
  • To develop new businesses to strengthening corporation

FAQ

Coalindo is private limited company owned together by several coal stakeholders and prominent coal related individuals mostly in Indonesia. Our shareholding system is limited to 3% per person/company to avoid domination and to maintain the independent position of ICI. 

Argus is a leading provider of energy price assessments in the world, in business intelligence and market data for the global crude oil, petroleum products, gas, LPG, coal, electricity, biofuels, biomass, emissions, and transportation industries. It is headquartered in London, and has offices in every major centre of the energy industry.

Argus Media Ltd is joint venture company with PT Coalindo Energy in publishing the ICI. Argus is the international aspect of the assessment also as the international publisher of ICI.

Coalindo is fully supported by Indonesia Coal Mining Association (ICMA).

Currently we have subscriber from more than 30 countries worldwide.

These 5 calories are the most relevant and highly traded coal calories that are produced in Indonesia today. The number is gained through deep research to several prominent coal producers in Kalimantan and Sumatra.

To learn more about our subscription options and to obtain a sample of the ICI report, please refer to the “ICI Subscriber” section.

ICI price is the exclusive rights of our officially registered subscriber. To gain this valuable information you have to register first, for info on how to subscribe, please refer to the “ICI subscriber” section.

Thank you for your interest on our report. Please refer to the “ICI subscriber” section of this website for the details. The complete information about the prices and packages will be sent to you after you complete the procedure given on that section.

Almost certainly yes, we have more than ten years' worth of historical data available upon request. However, ICI historical data is only available to our officially registered subscribers. For information on how to subscribe, please refer to the “ICI Subscriber” section.

Please email us at our Marketing elga@coalindoenergy.com  or elena@coalindoenergy.com. Tell us about the problem, and we will respond immediately. 

Please send the details to us at elga@coalindoenergy.com. Alternatively, you can call directly to our office. The number is provided in “contact us” section.

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