Strong Coal Export Markets Drive U.S. Capital Spending, M&A, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 08/02/11 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Strong demand from abroad for metallurgical coal and a growing export market for thermal coal are spurring increased capital projects and mergers and acquisition (M&A) activity in the U.S. coal sector. Coal and gas producer (NYSE:CNX) (Canonsburg, Pennsylvania) has pointed to growth in coal export markets as being at the root of major capital projects, while the strong coal market paved the way for (NYSE:ACI) (St. Louis, Missouri) acquisition of International Coal Group and is also driving capital spending for the company.
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Datum: 02.08.2011 - 10:15 Uhr
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News-ID 40547
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SUGAR LAND, TX
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Coal
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