SunCoke Energy Inc. Provides U.S. Coke Production Guidance for the Fourth Quarter and Full Year of 2012
January 08, 2013 at 07:12 am
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SunCoke Energy Inc. provides U.S. coke production guidance for the fourth quarter and full year of 2012. For the quarter, the company reported U.S. coke production is expected to be approximately 1,082,000 tons, up an estimated 67,000 tons, or 6.6% versus the same period in 2011.
Full year 2012 U.S. coke production is projected to be more than 4.3 million tons, an estimated increase of 580,000 tons, or 15.4%, versus prior year. The estimated increase for both periods was driven by its Middletown facility, which produced 153,000 tons and 602,000 tons in fourth quarter and full year 2012, respectively, versus 68,000 tons for both prior year periods.
SunCoke Energy, Inc. is an independent producer of coke. The Companyâs segments include Domestic Coke, Brazil Coke, and Logistics. The Domestic Coke segment consists of coke making facilities and heat recovery operations at its Jewell, Indiana Harbor, Haverhill, Granite City and Middletown plants. The Brazil segment consists of coke making operations located in Vitoria, Brazil, where it operates the ArcelorMittal Brazil coke making facility for a Brazilian subsidiary of ArcelorMittal S.A. The Logistics segment consists of Convent Marine Terminal (CMT), Kanawha River Terminal (KRT) and SunCoke Lake Terminal (Lake Terminal). Its terminals act as intermediaries between its customers and end users by providing transloading and mixing services. CMT is located in Convent, Louisiana, with access to seaborne markets for coal and other industrial materials. The terminal provides loading and unloading services and has direct rail access.