SunCoke Energy, Inc. Announces Retirement of Michael G. Rippey as Member of the Board of Directors, Effective from May 15, 2024
February 22, 2024 at 05:10 pm EST
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SunCoke Energy, Inc. announced that Michael G. Rippey intends to retire as a member of the Company's Board of Directors on May 15, 2024. Upon his retirement, it is anticipated that Mr. Rippey will serve as an advisor to the Company, pursuant to an advisory agreement.
SunCoke Energy, Inc. is an independent producer of coke. The Companyâs segments include Domestic Coke, Brazil Coke, and Logistics. The Domestic Coke segment consists of coke making facilities and heat recovery operations at its Jewell, Indiana Harbor, Haverhill, Granite City and Middletown plants. The Brazil segment consists of coke making operations located in Vitoria, Brazil, where it operates the ArcelorMittal Brazil coke making facility for a Brazilian subsidiary of ArcelorMittal S.A. The Logistics segment consists of Convent Marine Terminal (CMT), Kanawha River Terminal (KRT) and SunCoke Lake Terminal (Lake Terminal). Its terminals act as intermediaries between its customers and end users by providing transloading and mixing services. CMT is located in Convent, Louisiana, with access to seaborne markets for coal and other industrial materials. The terminal provides loading and unloading services and has direct rail access.