SunCoke expects slightly lower Q2 2013 coke output

SunCoke Energy (NYSE: SXC) reported July 8 that consolidated domestic coke production for second quarter 2013 is estimated to be 1,081 thousand tons, down slightly from 1,095 thousand tons in second quarter 2012.

The year-over-year change reflects lower production at the Indiana Harbor cokemaking facility in Indiana, which is undergoing a significant refurbishment project, partly offset by higher production at the Haverhill and Middletown facilities in Ohio.

Domestic capacity utilization in second quarter 2013 is estimated to be 102%, down two percentage points from the same prior year period primarily due to lower production at Indiana Harbor.

Included in the results is coke production attributable to SunCoke Energy Partners LP (NYSE: SXCP), which owns a 65% interest in SXC’s Haverhill and Middletown coke facilities. SXCP recognizes a proportionate share of the coke production at these two facilities.

Coke production at the Haverhill and Middletown cokemaking facilities in second quarter 2013 is estimated to be up nearly 12,000 tons to approximately 455,000 tons compared to 443,000 tons in second quarter 2012. The portion of this production attributable to SXCP is 296,000 tons and 288,000 tons for second quarters of 2013 and 2012, respectively. Capacity utilization at Haverhill and Middletown collectively was 110% in second quarter 2013, up 2 percentage points from same prior year period.

SunCoke Energy Inc. and SunCoke Energy Partners LP tentatively plan to report second quarter 2013 financial results before market open and host an investor conference call at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) on July 25.

SunCoke Energy, Inc. is the largest independent producer of coke in the Americas, with U.S. cokemaking facilities located in Virginia, Indiana, Ohio and Illinois. Outside the U.S., it has cokemaking operations in Vitoria, Brazil, and Odisha, India. Its coal mining operations, which have more than 110 million tons of proven and probable reserves, are located in Virginia and West Virginia.

SunCoke Energy Partners is a publicly traded master limited partnership, which manufactures coke used in the blast furnace production of steel.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.