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NAICS Code 423520-01 Description (8-Digit)

The Coal & Coke (Wholesale) industry involves the distribution of coal and coke products to various businesses and industries. Coal is a fossil fuel that is primarily used for energy production, while coke is a byproduct of coal that is used in the production of steel. Companies in this industry typically purchase coal and coke from mining companies and then sell it to customers such as power plants, steel mills, and other industrial facilities.

Hierarchy Navigation for NAICS Code 423520-01

Tools

Tools commonly used in the Coal & Coke (Wholesale) industry for day-to-day tasks and operations.

  • Coal crushers
  • Conveyor belts
  • Coal sampling equipment
  • Coal analyzers
  • Coal blending software
  • Coal storage facilities
  • Coal transport trucks
  • Coal loading equipment
  • Coal dust suppression systems
  • Coal-fired boilers

Industry Examples of Coal & Coke (Wholesale)

Common products and services typical of NAICS Code 423520-01, illustrating the main business activities and contributions to the market.

  • Power plants
  • Steel mills
  • Cement plants
  • Paper mills
  • Chemical manufacturers
  • Refineries
  • Foundries
  • Glass manufacturers
  • Brick manufacturers
  • Ceramics manufacturers

Certifications, Compliance and Licenses for NAICS Code 423520-01 - Coal & Coke (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Mine Safety and Health Administration (MSHA) Certification: Required for workers who work in coal mines, this certification ensures that workers are trained in safety procedures and are aware of the potential hazards of working in a mine. The certification is provided by the Mine Safety and Health Administration.
  • Hazardous Materials Endorsement (HME): Required for drivers who transport hazardous materials, including coal and coke, this endorsement ensures that drivers are trained in the safe handling and transportation of hazardous materials. The endorsement is provided by the Department of Transportation.
  • Occupational Safety and Health Administration (OSHA) Certification: Required for workers who work in coal and coke processing plants, this certification ensures that workers are trained in safety procedures and are aware of the potential hazards of working in a processing plant. The certification is provided by the Occupational Safety and Health Administration.
  • Environmental Protection Agency (EPA) Certification: Required for companies that handle and transport coal and coke, this certification ensures that companies are following environmental regulations and are not causing harm to the environment. The certification is provided by the Environmental Protection Agency.
  • National Institute for Occupational Safety and Health (NIOSH) Certification: Required for workers who work in coal and coke processing plants, this certification ensures that workers are trained in safety procedures and are aware of the potential hazards of working in a processing plant. The certification is provided by the National Institute for Occupational Safety and Health.

History

A concise historical narrative of NAICS Code 423520-01 covering global milestones and recent developments within the United States.

  • The "Coal & Coke (Wholesale)" industry has a long and rich history worldwide. Coal has been used as a source of energy for centuries, and the first coal mines were established in the 13th century in England. The industrial revolution in the 18th century led to a significant increase in coal production and consumption, and the demand for coal continued to grow throughout the 19th and 20th centuries. In the United States, the coal industry played a crucial role in the country's economic development, powering the growth of the steel, transportation, and electricity industries. In recent years, the industry has faced significant challenges due to the increasing popularity of renewable energy sources and environmental concerns.

Future Outlook for Coal & Coke (Wholesale)

The anticipated future trajectory of the NAICS 423520-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Shrinking

    The future outlook for the Coal & Coke (Wholesale) industry in the USA is expected to be positive. The industry is expected to grow at a steady pace due to the increasing demand for coal and coke in various industries such as steel, cement, and power generation. The industry is also expected to benefit from the growing demand for coal and coke in emerging economies such as China and India. However, the industry may face challenges due to the increasing focus on renewable energy sources and the declining demand for coal in some developed countries. Overall, the industry is expected to remain an important part of the energy and manufacturing sectors in the USA.

Industry Innovations for NAICS Code 423520-01

Recent groundbreaking advancements and milestones in the Coal & Coke (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Use Of Drones for Surveying Coal Mines: Drones are being used to survey coal mines, which helps in identifying potential hazards and improving safety.
  • Adoption Of Automation and Robotics: The industry is adopting automation and robotics to improve efficiency and reduce costs.
  • Development Of Clean Coal Technologies: The industry is investing in the development of clean coal technologies to reduce emissions and comply with environmental regulations.
  • Use Of Blockchain Technology: The industry is exploring the use of blockchain technology to improve supply chain management and reduce fraud.
  • Implementation Of Predictive Maintenance: The industry is implementing predictive maintenance to reduce downtime and improve equipment reliability.

NAICS Code 423520-01 - Coal & Coke (Wholesale)

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