ASCON is a Jakarta, Singapore and Hong Kong based company. It is mainly focused on the energy business with a particular interest and experience in international coal trading as well as oil import trading which our local Group has conducted successfully since 2013.

ASCON is trading under its own Indonesian local and export trade licenses  issued by the Indonesian Investment Coordinating Board, an official Governmental entity.

Since inception the trading volumes of our domestic customer base of coal have sharply increased and with access to greater supply origination and an interest in demand from beyond SE Asia, ASCON has become a truly internationally focused coal and oil trading group company with a dedicated and experienced management.

ASCON consolidates the Groups’ already existing coal and oil business and  serves the local Indonesian market as well as the international mining, shipping and industrial markets (including the power, steel, cement and paper industries) beyond and including SE Asia. We have access to substantial mineable coal reserves, through a combination of our internal reserves, via long-term off-take agreements with affiliated mines and/or via some of the largest and most reputable local mines.

On a daily basis, we have numerous coal-laden barges on the water which are shipped to our buyer’s designated discharge locations: Either local ports, export ports, stockpiles or mother-vessels; always meeting the requirements of our clients in time while ensuring the quality and quantity which we have mutually agreed upon.

The back-story to our success is the growth of Indonesia’s industrial sector and the associated demand for energy, which is reflected in increased coal supply.

Coal is the mainstay of Indonesia’s energy needs. A majority of the primary energy supply and of power generation in the country is coal based. In spite of the many local challenges, we succeeded in growing our trading volumes in recent years and strive to continue doing so in the coming decade. Undoubtedly, our success is based on the trust and understanding of our clients and on our experienced employees who have been the backbone of our leading edge performance.

ASCON is committed to developing a world class operation through our scale of ambition, speed of execution and quality of operation. We hereby believe in a sustainable development of the communities in which we operate.

The physical coal trading and its related services are our core business. We have supply agreements, offtake contracts and authorization to represent coal from way over twenty mines in East Kalimantan, Central Kalimantan, South Kalimantan, South Sumatera and Jambi, with a total coal supply access capacity in excess of 1 Million MT per month.

In order to meet our clients demand, we structure and execute the supply of coal from the mine site to our clients’ factories or storage facilities. Hence, we store, ship and truck the coal, arrange the internal as well as independent inspection, blend the coal if needed and are capable to pre-finance the whole transaction until final receipt of the coal by our clients.

OUR VISION: To be the one stop source for coal from Indonesia to fuel power plants and industrial clients in Asia.

OUR MISSION: To produce and trade our planned quantity of coal efficiently and economically in an eco-friendly manner with due regard to safety, reliability and quality.

On the coal side as well as for any other of our traded commodities, such as High Speed Diesel (HSD), ASCON has several arrangements with Indonesian companies to provide the required logistics to move product to our dedicated berths for loading barges with up to 8.000 MT of coal and 10.000 MT of HSD for further transport and subsequent discharge into trucks, mother-vessels or storage facilities, following and according to the needs of our clients.

The supply chain is carefully monitored by ASCON Field Managers who coordinate movements and quality with the supply mines and oil terminals and Independent Laboratories.

Our clients are among the largest companies in their industries.

We either supply to state-owned companies or private enterprises. Many of them have their own stockpiles and shipping ports or truck onloading facilities, others depend on our logistic solutions that we offer among our services.

ASCON works alongside a variety of coal mines which are located all over Indonesia, however with a main focus on South and East Kalimantan.

The main mines that we are officially working with and that are supplying us, have the following general features:

• Batu Licin – South Kalimantan, GAR 3800
• Central Kalimantan, GAR 4700
• Palembang – South Sumatera, GAR 4700
• Banjar – South Kalimantan, GAR 6200
• Sebamban – South Kalimantan, GAR 4200
• Aceh Barat, GAR 3400
• East Kalimantan, GAR 3800
• Barito Timur Kalteng, GAR 3900
• Kukar Kaltim, GAR 4200
• Kukar Kaltim, GAR 4600

We either have a shareholding in the supplying coal mines, work on an exclusive basis with them or simply buy regular volumes or on spot basis from them, with the prime goal to always be able to deliver the coal to our clients on time and in the precise quantity and quality.

ASCON further has a track record with coal mines with the following characteristics (on ADB basis) that we can still make available today:

• Central Kalimantan    6.000 – 6.400
• East Kalimantan         4.800 – 6.700
• South Kalimantan      4.000 – 4.500
• East Kalimantan         4.200 – 4.500
• East Kalimantan         4.000 – 5.000
• Jambi                            4.200 – 5.000
• South Kalimantan      5.000 – 5.500
• South Kalimantan      5.200 – 6.000
• South Sumatra            5.500 – 6.000
• South Sumatra            4.000 – 4.500

While always maintaining a good relationship with our existing miners, we are also permanently on the outlook for new suppliers to cater to the wide range of preferences and requirements from our buyers.

For further enquiries on coal, including grades of coal not mentioned herewith, kindly contact our Jakarta based trading team and they would be happy to assist.