ORION S.A. overview

Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that members of its executive management team will attend the Wells Fargo Industrials Conference in Chicago on Thursday, June 15, 2023. Orion’s executives will be available to participate in one-on-one meetings with investors registered to attend the conference. As part of these meetings, the team will be updating current market conditions that may impact its second quarter 2023 volume expectations: for example, current...

Orion S.A . (NYSE: OEC), a specialty chemical company, today announced that its board of directors has declared an interim dividend to be paid in the fourth quarter of 2023 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.25 million based on the number of common shares currently outstanding. The interim dividend will be paid on Oct. 5, 2023, to holders of record as of the close of business on Sept. 15, 2023. Luxembourg withholding tax at...

Orion Engineered Carbons (NYSE: OEC), a specialty chemicals company, announced today that Chief Executive Officer Corning Painter and Chief Financial Officer Jeff Glajch will participate in one-on-one meetings at the KeyBank 21st Annual Industrial & Basic Materials Conference at the Intercontinental Hotel in Boston on June 1, 2023. About Orion Engineered Carbons Orion Engineered Carbons (NYSE: OEC) is a leading global supplier of carbon black, a solid form of carbon produced as powder or...

Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, today announced that its Board of Directors has approved a new share repurchase program with authorization to management to purchase up to approximately 6.9 million of its outstanding common stock. This new program allows for shares to be repurchased at any time through June 2027. Combined with the soon-to-be-completed previous share repurchase authorization to management, the company has the potential to purchase up to...

Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced financial results for the first quarter of 2023. First Quarter 2023 Financial Highlights Net sales of $500.7 million, up $16.2 million, year over year Net income of $42.3 million, up $9.8 million, year over year Diluted EPS of $0.70, up $0.17, year over year Record Adjusted EBITDA 1 of $101 million, up 22%, year over year Record Adjusted Diluted EPS 1 of $0.74, up $0.17, year over year Record rubber Gross profit...

Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals producer, announced today the company has achieved its 2022 emissions targets in the U.S. and will receive a 10 basis point rate reduction in interest payments on its sustainability-linked term loan, saving approximately $650,000. When Orion agreed to the seven-year $650-million term loan in 2021, the company was one of the first to link the loan to environmental goals. Starting this year, a third-party firm audited the air...

Orion Engineered Carbons S.A. (NYSE: OEC), a specialty chemical company, today announced that its board of directors has declared an interim dividend to be paid in the third quarter of 2023 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.25 million based on the number of common shares currently outstanding. The interim dividend will be paid on July 6, 2023, to holders of record as of the close of business on May 17, 2023. Luxembourg...

Orion Engineered Carbons (NYSE: OEC), a specialty chemicals company, announced today that cogeneration technology that produces renewable energy has been installed at its Ivanhoe plant in the southern U.S. state of Louisiana, making the facility more efficient, reliable and sustainable. The cogeneration system, which includes a steam turbine generator, uses the waste steam from the carbon black plant’s production process and converts it to electricity. The energy can be used to power the...