JSW Gets Green Light to Buy Coking Coal Plant

But before the deal is finalized, JSW must have permission from the Poland’s competition commission, UOKiK, which could delay the deal. JSW was recently granted an exclusivity deal on the negotiating process of purchasing Victoria. The Victoria plant, based in southwest Poland, is a global leader in the production of special foundry coke with granulation of more than 100 mm and production of around 520,000 mtpy. It has around a 5% share of the Polish market and exports 80% of its output.