SunCoke Energy, Inc. Domestic Coke Production Estimated to Be 998 Thousand Tons in First Quarter 2015
04/08/2015 - SunCoke Energy Inc. reported preliminary first quarter 2015 domestic coke production of 998 thousand tons. This is up an estimated 54 thousand tons and reflects favorable production and better coal-to-coke yields this winter as compared to the same prior year period. Domestic capacity utilization for first quarter 2015 is estimated to be 95 percent, as compared to 90 percent for the same prior year period.
Production at the company's Indiana Harbor cokemaking facility improved year-over-year, but was below the first quarter 2015 targeted range. The company now estimates full year 2015 coke production at Indiana Harbor will be approximately 1.1 million tons. Despite the quarter’s operating challenges at this facility, the remaining domestic coke fleet continues to deliver solid operating performance and the company expects to achieve our full year 2015 Consolidated Adjusted EBITDA guidance of $190 million to $210 million.
| Preliminary Domestic Coke Production and Capacity Utilization | ||||
| For quarter ended | ||||
| March 31, | ||||
| (Coke production in thousands of tons) | 2015(1) | 2014 | ||
| Domestic Coke Production | 998 | 944 | ||
| Capacity Utilization (percent) | 95 | 90 | ||
| (1) Estimated | ||||
