Suncoke Energy, Inc. Announces Production Guidance for the Fourth Quarter and Full Year Ended December 31, 2013
January 07, 2014 at 08:02 am EST
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Suncoke Energy Inc. announced production guidance for the fourth quarter and full year ended December 31, 2013. For the quarter, the company expects coke production to be 1.056 million tons.
For the full year of 2013, coke production is expected to be 4.269 million tons. The change in both periods reflects the significant refurbishment underway at Indiana Harbor cokemaking facility, which resulted in lower production at this facility of 39,000 tons and 106,000 tons in the quarter and year, respectively.
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.