Welcome to SunCoke Energy Partners

SXCP Acquires Convent Marine Terminal for $412 Million
SXCP has acquired Convent Marine Terminal, a premier export hubs on the U.S. Gulf Coast, for $412 million. Located in Convent, La., the terminal supports low-cost Illinois Basin coal producers and provides strategic access to seaborne markets for coal and other industrial materials.

“This acquisition will represent a compelling strategic fit by adding a preeminent export asset to our coal logistics business,” said Fritz Henderson, Chairman and CEO of SunCoke Energy Partners, L.P. “We expect this transaction will be accretive from day one with consistent earnings and stable cash flows for SXCP, resulting in increased cash distributions to SXCP unitholders and higher incentive distribution payments to our general partner.”

SunCoke Energy Partners, L.P. (NYSE: SXCP) is a publicly traded master limited partnership. We are sponsored by SunCoke Energy, Inc. (NYSE: SXC), the largest independent producer of metallurgical coke in the Americas, with more than 50 years of cokemaking experience and an international reputation for leadership, innovation and environmental stewardship in our industry.

SXCP's operations include facilities that make coke for some of the largest blast furnace steelmakers in the United States. Our advanced, heat-recovery cokemaking process produces high-quality coke, generates energy from waste heat and reduces environmental impact.

SXCP also operates a network of highly efficient coal terminals that receive, store, blend and transload coal for final destination. Coal logistics is a logical upstream integration for our business that builds on our expertise in handling and processing raw materials. With the 2015 acquisition of the Convent Marine Terminal and 2013 acquisitions of Kanawha River Terminals (KRT) and Lake Terminal, we have leveraged our supply chain expertise to become a leading, strategically located coal terminal service provider with more than 40 million tons of annual throughput capacity.

SXCP is the coke-producing industry’s first publicly traded master limited partnership.

Coke is a key raw material in the blast furnace steelmaking process. Coke is made by heating metallurgical coal at extremely high temperatures to reduce it to a pure carbon state, transforming the coal into coke.
B&W Coke