News & Videos - ORION S.A. - English - Page 2

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 first 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 January 10, 2023, to holders of record as of the close of business on January 3, 2023....

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 a Fireside Chat at the 35 th Annual Credit Suisse Specialties and Basics Conference in New York on September 13 at 1:15 pm EDT. Click here to access the audio link on the company’s website. A transcript will also be available on the site following the conference. About Orion Engineered Carbons Orion...

Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, today announced it will raise prices for all specialty carbon black grades produced in Europe. The increase will be communicated individually to customers and will vary depending on the product, manufacturing process and location. “These price adjustments will ensure that Orion continues to supply the differentiated, high quality specialty products customers want during this period of rising natural gas and oil prices,...

Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced financial results for the second quarter of 2022. Second Quarter 2022 Financial Highlights Net sales of $541.2 million, up $140.2 million, year over year Net income of $29.7 million, down $59.4 million, year over year; prior year includes $79.5 million cash for Evonik settlement Diluted EPS of $0.49, down $0.98, year over year; prior year includes $79.5 million cash for Evonik settlement Adjusted EPS 1 of $0.58,...

Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, today released its 2021 Sustainability Report, showcasing progress the company is making in implementing its sustainability strategy with initiatives focused on advancing the circular economy, renewable feedstocks and electrification. The report outlines how Orion is transforming its product portfolio to reflect sustainability in its business strategy. This exemplifies how companies like Orion that produce essential...

Orion Engineered Carbons (NYSE: OEC), a specialty chemicals company, announced today that Chief Executive Officer Corning Painter and Chief Financial Officer Jeff Glajch are scheduled to participate in one-on-one meetings at the Jefferies Industrials Conference in New York on August 9. Mr. Painter will also be presenting at the conference at 9:00 am EDT on August 10. About Orion Engineered Carbons Orion Engineered Carbons (NYSE: OEC) is a leading global supplier of carbon black, a solid form of...

Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced that the company will release its second quarter 2022 results after the market closes on Thursday, August 4, 2022, to be followed by a conference call on Friday, August 5, 2022, at 8:30 a.m. (EDT). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the following numbers through...

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 fourth quarter of 2022 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 October 4, 2022, to holders of record as of the close of business on September 21, 2022....

Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, announced today it will raise prices by 20% for all rubber carbon black products manufactured in Europe and the Americas. Payment terms will be reduced by at least 50% to conform with updated standards across the different regions. The changes will be effective for all shipments on or after Aug. 1, 2022, or as contracts permit. “This price adjustment reflects increased manufacturing costs, environmental control...

Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, will host its 2022 Investor Day today in New York. CEO, Corning Painter, and other members of the executive team will provide an in-depth review of the company's growth strategy and financial targets. The live event will begin at 1:00 p.m. EDT and will be webcasted to the public. “We are at an inflection point in our history as a public company and are well positioned to thrive as we leverage our leadership in innovation,...

Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced that it has added 100 million EUR to its senior secured revolving credit facility, which expands the company's facility to 350 million EUR. “In light of current volatility within the global energy markets, we feel it is prudent to increase our revolving credit facility. We believe this will cover our working capital needs up to an oil price of about $200 per barrel. We want to be proactively prepared for this...

Orion Engineered Carbons (NYSE: OEC), a specialty chemicals company, announced today that it will complete its gas black expansion in Germany at plants in Dortmund and Cologne by early 2023. Orion is the only carbon black producer in the industry with gas black capabilities. Gas blacks, known for excellent dispersion and coloristics, are used in coatings, printing ink and other applications. “The expansion in Germany is core to our strategy to further strengthen our leadership in the premium...

Orion Engineered Carbons S.A. (NYSE: OEC), a specialty chemical company, today announced financial results for the first quarter of 2022. First Quarter 2022 Financial Highlights Net sales of $484.5 million, up $124.4 million, year over year Net income of $32.5 million, up $9.0 million, year over year Basic EPS of $0.53, up $0.14, year over year Adjusted EPS 1 of $0.57, up $0.06, year over year Record Adjusted EBITDA 1 of $83.2 million, up $12.3 million, year over year 1 The reconciliations of...

Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced plans to build the only plant in the U.S. producing acetylene-based conductive additives – a critical link in the value chain for lithium-ion batteries, high-voltage cables and other products powering the global transition to electrification and renewable energy. Orion’s planned facility in La Porte, Texas, south of Houston, will be backed by a long-term agreement for acetylene supplied from a neighboring...

Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced that its board of directors has declared an interim dividend to be paid in the third quarter of 2022 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 1, 2022, to holders of record as of the close of...

Orion Engineered Carbons (NYSE: OEC), a specialty chemicals company, announced today it aspires to align its sustainability objectives with the Paris Climate Agreement and strive to achieve net-zero emissions of greenhouse gases by 2050. To make its net-zero aspirations realistic, Orion developed a roadmap with near- and long-term targets. The company aspires to: Launch a broad range of products using recycled materials by 2025 and during the same period position the company to enlarge its...

Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, announced today the company will hold its first Investor Day on Wednesday, June 8, from 1:00 pm – 4:00 pm EDT in Freedom Hall at the New York Stock Exchange 11 Wall St, New York, N.Y. This will be a hybrid event with limited in-person attendance. If you would like to attend in person, please provide your name, contact information and ensure you select “in person” when registering. If you do not plan to attend in person,...

Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, released its preliminary annual proxy statement on April 19 and announced the nomination of Tony Davis to the board. Davis will be presented for election at the company’s Annual General Meeting of Shareholders on Thursday, June 30, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220419005743/en/ Tony Davis (Photo: Business Wire) “Tony is an accomplished...

Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced that the company will release its first quarter 2022 results after the market closes on Thursday, May 5, 2022, to be followed by a conference call on Friday, May 6, 2022, at 8:30 a.m. (EDT). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone...

Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today that effective for all shipments made on or after April 1, 2022, or as permitted by customer contracts, the company is changing its carbon black oil surcharge and introducing a natural gas charge on all rubber carbon black products manufactured in Europe. Due to changes in feedstock availability, quality and logistics, the company considers it necessary to adjust its...