Facing Soft U.S. Coal Market, Arch Coal Seeks to Boost Exports

SUGAR LAND--February 27, 2012--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--As coal continues to fight losing battles with natural gas and environmental regulators in the U.S., Arch Coal Incorporated (NYSE:ACI) (St. Louis, Missouri) signed a deal with Kinder Morgan Energy Partners LP (NYSE:KMP) (Houston, Texas) to increase coal exports. Kinder Morgan agreed to invest $140 million to expand coal-handling export facilities along the Gulf Coast to take coal supplied by Arch under a long-term agreement.