SunCoke Cuts Capital Spending as Coal Market, Performance Issues Batter Bottom Line in Third-Quarter 2015
SunCoke Cuts Capital Spending as Coal Market, Performance Issues Batter Bottom Line in Third-Quarter 2015
SUGAR LAND--October 13, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Coke producer SunCoke Energy Incorporated (NYSE:SXC) (Lisle, Illinois) continued to endure rough coal market conditions in third-quarter 2015, as weak prices, low sales volumes and performance-related issues at an Indiana facility offset gains from a major terminal acquisition. Industrial Info is tracking $936.5 million in active projects involving SunCoke Energy Incorporated and SunCoke Energy Partners LP (NYSE:SXCP).
Within this article: Details on SunCoke's quarter and projects, including the troubled construction of a metallurgical coke facility in Kentucky.
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