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Slide #14. SunCoke Energy Partners, L.P. — Lakeshore Coal Handling Corporation
SunCoke Energy Partners, L.P. (SXCP)
Lakeshore Coal Handling Corporation
SunCoke Energy Partners, L.P. (NYSE:SXCP) completed its acquisition of Lakeshore Coal Handling Corporation on August 30, 2013. SXCP purchased Lakeshore from privately held Beemsterboer Corporation for an all cash price of $28.6 million.
SunCoke Energy Partners primarily produces coke used in the blast furnace production of steel. Co. also provides handling and/or mixing services to steel, coke, electric utility, coal producing and other manufacturing based customers. Co. has two segments: Domestic Coke, which consists of its subsidiary, Haverhill Coke Company LLC facility in Franklin Furnace, OH, its subsidiary, Middletown Coke Company, LLC facility in Middletown, OH, and its subsidiary, Gateway Energy and Coke Company, LLC facility in Granite City, IL; and Logistics, which consists of its Convent Marine Terminal in Convent, LA, Kanawha River Terminal in Ceredo and Belle, WV, and SunCoke Lake Terminal in East Chicago, IN.
Open the SXCP Page at The Online Investor »
Buy (3.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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