SunCoke Energy, Inc. (NYSE: SXC) today reported that third quarter 2012 U.S. coke production is expected to be approximately 1,099 thousand tons, an estimated increase of 135 thousand tons, or 14%, versus the same period in 2011. The estimated year-over-year increase in U.S. coke production in third quarter 2012 was driven by our Middletown facility, partly offset by lower production at our Indiana Harbor facility.
Our total U.S. cokemaking capacity utilization was 103 percent in third quarter 2012, the same utilization rate as in third quarter 2011.
|U.S. Coke Production|
|Quarter ended||Quarter ended||Quarter ended||Nine months ended|
|September 30,||June 30,||March 31,||September 30,|
|In thousands of tons||2012*||2011||2012||2011||2012||2011||2012*||2011|
|Other Domestic Coke||921||785||919||745||894||687||2,734||2,217|
- SunCoke Energy, Inc. tentatively plans to report third quarter 2012 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 Wednesday, October 24, 2012. This conference call will be webcast live and archived for replay in the Investor Relations section of www.suncoke.com. Participants can listen in by dialing 1-800-471-6718 (domestic) or 1-630-691-2735 (international) and referencing confirmation 33476082.
SUNCOKE ENERGY, INC.SunCoke Energy, Inc. is the largest independent producer of metallurgical coke in the Americas, with 50 years of experience supplying coke to the integrated steel industry. Our advanced, heat recovery cokemaking process produces high-quality coke for use in steelmaking, captures waste heat for derivative energy resale and meets or exceeds environmental standards. Our cokemaking facilities are located in Virginia, Indiana, Ohio, Illinois and Vitoria, Brazil, and our coal mining operations, which have more than 114 million tons of proven and probable reserves, are located in Virginia and West Virginia. To learn more about SunCoke Energy, Inc., visit our website at www.suncoke.com. FORWARD LOOKING STATEMENTS Some of the statements included in this press release constitute “forward looking statements” (as defined in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended). Such forward-looking statements are based on management’s beliefs and assumptions and on information currently available. You should not put undue reliance on any forward-looking statements. Forward-looking statements include all statements that are not historical facts and may be identified by the use of forward looking terminology such as the words “believe,” “expect,” “plan,” “project,” “intend,” “anticipate,” “estimate,” “predict,” “potential,” “continue,” “may,” “will,” “should” or the negative of these terms or similar expressions. Forward-looking statements involve risks, uncertainties and assumptions.