SunCoke Energy Partners reports slight drop in 2015 production

SunCoke Energy Partners LP (NYSE: SXCP) on Jan 8 reported preliminary fourth quarter 2015 coke production of 595,000 tons, reflecting 100% of the production at the Haverhill, Middletown and Granite City facilities.

The decrease versus the prior year period largely reflects 2015 Granite City volumes at contract maximum levels. Full-year 2015 estimated coke production of 2.42 million tons is down approximately 12,000 tons compared with full-year 2014.

Capacity utilization collectively was 103% and 105% for fourth quarter and full-year 2015, respectively, as compared to 108% and 106% for the same prior year periods.

Coke is a baked form of coal that is used in the process of turning iron ore into steel.

SunCoke Energy Partners tentatively plans to issue fourth quarter 2015 earnings before market opens and host an investor conference call at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) on Thursday, January 28, 2016. 

SunCoke Energy Partners is a publicly traded master limited partnership that manufactures high-quality coke used in the blast furnace production of steel and provides export and domestic coal handling services to the coke, coal, steel and power industries. Its coal handling terminals have the collective capacity to blend and transload more than 45 million tons of coal each year and are strategically located to reach Gulf Coast, East Coast, Great Lakes and international ports. SXCP’s General Partner is a wholly owned subsidiary of SunCoke Energy Inc. (NYSE: SXC), which has more than 50 years of cokemaking experience serving the integrated steel industry. 

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.