TRADING
 


The Group has expanded its Trading Division, creating Coeclerici Americas in order to penetrate the North and South American markets, opening a new office in Miami and acquiring Coal Network Inc., a company with a turnover of 90 million USD that operates in the coal trading market along the Ohio and Mississippi rivers. Coal Network Inc. has been entrusted to Coeclerici Coal Network, in which Coeclerici Group holds a 51% stake, increased to 70% in 2014.

In 2013 Coeclerici Coal Network acquired full ownership of the coal trading division of Alley-Cassetty Companies, Inc., one of America’s oldest coal trading companies that operates in the coal trading sector in Tennessee and surrounding states. This acquisition allowed Coeclerici Coal Network to reinforce the company’s position in markets in the southern and western parts of the country, guaranteeing the entire Coeclerici Group direct access to the most important coal reserves in the US, one of the most dependable and reliable sources of coal in the world.

www.coalnetwork.com