SunCoke Energy Partners LP (NYSE: SXCP) on July 7 reported that preliminary second quarter 2014 coke production at its Haverhill and Middletown facilities in Ohio is expected to be 434,000, down from 455,000 tons in second quarter 2013 driven by lower coal-to-coke yields at Haverhill.
Capacity utilization at Haverhill and Middletown collectively was 106% in the second quarter 2014 as compared to 111% in the same prior year period.
In connection with second quarter 2014 earnings, SunCoke Energy Partners tentatively plans to host an investor conference call at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) on Thursday, July 24, 2014.
SunCoke Energy Partners is a publicly-traded master limited partnership that manufactures coke used in the blast furnace production of steel and provides coal handling services to the coke, steel and power industries. Its General Partner is a wholly owned subsidiary of SunCoke Energy (NYSE: SXC), the largest independent producer of coke in the Americas.
SunCoke Energy on July 7 separately reported second quarter 2014 domestic coke production is expected to be 1,059,000 tons, up 115,000 tons from first quarter 2014, which was impacted by the severe winter weather. On a year-over-year basis, production was down an estimated 22,000 tons in second quarter 2014 versus second quarter 2013 due to lower production at the Haverhill and Indiana Harbor cokemaking facilities.
Lower coal-to-coke yields at Haverhill and reduced production at Indiana Harbor in Indiana contributed to estimated production declines of 19,000 and 12,000 tons, respectively. This decrease was offset in part by higher production at the Granite City (Illinois) and Jewell Coke (Virginia) operations.
Domestic capacity utilization in second quarter 2014 is estimated to be 100%, as compared to 102% in the same prior year period.
SunCoke Energy tentatively plans to issue second quarter 2014 earnings before market opens and host an investor conference call at 11:30 a.m. Eastern Time (10:30 a.m. Central Time) on Thursday, July 24, 2014.