SunCoke Energy to Slash Capex for 2016, Focus on Indiana Harbor Performance
SUGAR LAND--December 18, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Metallurgical coke producer SunCoke Energy, Incorporated (NYSE: SXC) (Lisle, Illinois) plans to pare down capital expenditures by more than 41% to $45 million in 2016 as part of a cost-cutting program, but will keep its focus on improving the performance of the Indiana Harbor facility in Indiana, company executives said Thursday. Industrial Info is tracking six active SunCoke projects worth $863.50 million.
Within this article: Details of SunCoke Energy, Inc.'s (NYSE:SXC) fiscal guidance for 2016.
