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Crediting robust performance from its Middletown facility in Ohio, the Illinois-based company said it expected its coke production for 2012 to increase 15% to 4.3 million tons.
Middletown produced 602,000 tons over the year.
The news coincides with a $150 million private placement and an initial public offering through the producer’s Delaware limited partnership.
The private placement will offer senior unsecured notes due in 2020.
The IPO of 13.5 million common units listed on the New York Stock Exchange will represent a 43% interest in SunCoke Partners.
Underwriters will have a 30-day option to purchase up to an additional 2 million shares, representing a 49% interest in the partnership.
The company said last month that it was expecting lower earnings in 2013 due to a $40 per ton decrease in the average sale price in its coal segment.
