Arch Coal (NYSE:ACI), one of the nation’s biggest coal companies, announced March 14 that Lawrence Metzroth has been named vice president of business development and market intelligence for Arch Coal Asia-Pacific Pte. Ltd., and that Andrew Blumenfeld has been named Arch’s vice president of analysis and strategy.
Metzroth will be responsible for assisting in Asia-Pacific business and market development activities, including coal sourcing initiatives, market and acquisition analysis and strategic planning. He will relocate to Singapore and report to Renato Paladino, president of Arch Coal Asia-Pacific. Metzroth spent some time in Paris a few years ago while working for the International Energy Agency (IEA), so he’s used to being in another country.
“Larry has a deep understanding of world energy and steel markets, a well-established global intelligence network and great technical expertise,” said Paladino. “We expect him to play a key leadership role in our ongoing efforts to expand Arch’s participation in the high-growth Asia-Pacific markets.”
Blumenfeld will replace Metzroth as vice president of analysis and strategy for Arch Coal and will be responsible for providing Arch with domestic and international energy market intelligence and analysis. He will report to the senior vice president of strategic development, Henry Besten, in the corporate office in St. Louis.
“Andy is widely regarded as one of the coal industry’s foremost market analysts,” said Besten. “We will look to Andy and his team to help Arch identify and seize new market opportunities as demand for both metallurgical and thermal coal continues to surge around the world.”
In 2006, Metzroth joined Arch Coal as vice president of analysis and strategy. He has 25 years of experience in strategic analysis for the energy industry, and has served as: vice president for Global Energy Decisions; principal administrator for a division of the IEA in Paris; and principal and senior economist for Resource Data International (RDI).
Blumenfeld joined predecessor company Arch Mineral in 1986. In 1995, he became a senior coal consultant for RDI in Boulder, Colo. In 1997, Blumenfeld returned to Arch Coal as vice president of market research for Arch Coal Sales.
U.S.-based Arch Coal is a top five global coal producer and marketer, with 155 million tons of coal sold in 2011. Several other top U.S. coal producers – including Peabody Energy (NYSE:BTU), Alpha Natural Resources (NYSE:ANR) and CONSOL Energy (NYSE:CNX) – have lately been beefing up their foreign marketing operations to meet growing demand for U.S. coal on the export market. Peabody has also been venturing into ever-bigger commitments to offshore coal production ventures, in countries like Australia and Mongolia, while other U.S. producers have so far been holding off on that level of offshore commitment.