News & Videos - ORION S.A. - English - Page 3

Orion Engineered Carbons (NYSE:OEC), a specialty chemical company, has commissioned the first new reactor for carbon black production in the European Union in over 40 years at its plant in Italy, and this week will begin commercial sales with the line. The new 25-kiloton line at the facility in the northern city of Ravenna produces both specialty and technical rubber carbon blacks, primarily for the European market. “The new line offers customers seeking long-term solutions a unique strategic...

Orion Engineered Carbons (NYSE:OEC), a leading global supplier of specialty and high-performance carbon black, announced today it will raise prices for all specialty carbon black customers. The increase, which will be communicated individually with customers, will vary depending on the product, manufacturing process and location. “Orion faces a sharp increase in raw material, operations and supply chain costs that makes this price adjustment necessary. It will enable us to continue to deliver...

Orion Engineered Carbons (NYSE:OEC), a leading global supplier of specialty and high-performance carbon black, today announced that it will hold its 2022 annual general meeting of shareholders on Thursday, June 30, 2022, at 2:00 pm Central European Time at the company’s office, located at 6, Route de Trèves, L-2633 Senningerberg (Municipality of Niederanven), Grand Duchy of Luxembourg. The company also set its record date for the admission of the company’s shareholders to its annual general...

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 second 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 April 6, 2022, to holders of record as of the close of...

Orion Engineered Carbons S.A. (NYSE: OEC), a global supplier of specialty and high-performance carbon black, today announced financial results for the full year and fourth quarter of 2021. Full Year 2021 Highlights Delivered second highest adjusted EBITDA Continued strong performance in our Specialty and Rubber businesses, despite disruptions to the global economy Advanced key investments: U.S. emissions controls, Ravenna expansion, and second plant in China Reinstated dividend at a level that...

Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today that Jeffrey Glajch has accepted the role of chief financial officer for Orion with a planned joining date of April 18, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220216005768/en/ Jeffrey Glajch (Photo: Business Wire) Glajch will succeed Bob Hrivnak, who currently serves in the dual role of interim...

Orion Engineered Carbons (NYSE:OEC), a leading global supplier of specialty and high-performance carbon black, today announced that the company will release its full year 2021 results after the market closes on Thursday, February 17, 2022, to be followed by a conference call on Friday, February 18, 2022, at 8:30 a.m. (EST). 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...

Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced its CEO has signed the U.N. Global Compact, the world’s largest corporate sustainability initiative. The compact calls on companies to align strategies and operations with universal principles on human rights, labor, anti-corruption and the environment. The pact’s mission is “to mobilize a global movement of sustainable companies and stakeholders to create the...

Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today that next year the company will invest to convert a reactor line at its plant in Ivanhoe, La., from manufacturing soft carbon black to producing hard carbon black, commonly used in tire treads. “With the continued onshoring of tire production to the U.S., the carbon black supply-demand balance is getting tighter, particularly for hard carbon black,” CEO Corning...

Orion Engineered Carbons S.A. (NYSE: OEC), a global supplier of specialty and high-performance carbon black, today announced financial results for the third quarter of 2021. Third Quarter 2021 Highlights Reinstated dividend at a level that enhances shareholder returns without impeding continued investments aimed at driving growth in differentiated applications and raising Orion’s long-term earnings potential Continued strong performance in our Specialty business, despite disruptions to the...

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 first quarter of 2022 in the aggregate amount of $1.25 million, which is equivalent to approximately $0.02 per Common Share of the company. The interim dividend will be paid on January 12, 2022, to holders of record as of the close of business on January 5, 2022. Luxembourg withholding tax at...

Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today it will raise prices for all specialty carbon black customers. The increase, which will be communicated individually, will vary depending on the product, manufacturing process and location. “Sharply rising raw material, energy and supply chain costs have made the price adjustment necessary. It will enable us to continue to deliver reliable and sustainable solutions to...

Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced that the company will release its third quarter 2021 results after the market closes on Thursday, November 4, 2021, to be followed by a conference call on Friday, November 5, 2021, at 8:30 a.m. (EST). 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...

Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced the successful issuance of a $650 million-equivalent 7-year sustainability-linked Term Loan B, across Euros and U.S. Dollars. With this transaction, Orion has replaced its existing Term Loan B that was scheduled to mature in July 2024 and termed out maturities to September 2028. The transaction is leverage neutral, resulting in total net leverage of approximately 2.4...

Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today that effective January 1, 2022, the company is implementing a carbon dioxide (CO 2 ) surcharge on all carbon blacks produced in Europe, to the extent contracts allow. The official EU Emission Trading System (ETS) aims to support the EU climate neutrality target by 2050 and the intermediate target of at least 55 percent net reduction in greenhouse gas emissions by 2030...

Orion Engineered Carbons (NYSE: OEC), a leading supplier of specialty and high-performance carbon black, today announced that CEO Corning Painter has joined over 2,000 other chief executive officers from 85 industries by signing the CEO Action for Diversity & Inclusion pledge. It is the largest CEO-driven business commitment to advance diversity and inclusion in the workplace. “Diversity and inclusion can be difficult topics to navigate, but if we avoid constructive conversation about our...

Orion Engineered Carbons (NYSE: OEC), a leading supplier of specialty and high-performance carbon black, today announced that Mr. Corning Painter, chief executive officer, and Mr. Lorin Crenshaw, chief financial officer, will participate in one-on-one meetings at the Credit Suisse 34th Annual Virtual Basic Materials Conference on Monday, September 13, 2021. Mr. Painter will also participate in a fireside chat at 9:30 a.m. EDT on the same day. A live webcast of the fireside chat and replay will...

Orion Engineered Carbons (NYSE: OEC) today began constructing its second plant in China for specialty and high-performance carbon black, expanding the chemical company’s production capacity in one of the world’s fastest-growing markets. Carbon black, available as powder or beads, is commonly used in tires, textile fibers, coatings, batteries and numerous other everyday goods. It tints or colorizes as well as reinforces products, conducts electricity and provides UV protection, among many...

Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced that Mr. Corning Painter, Chief Executive Officer, and Mr. Lorin Crenshaw, Chief Financial Officer, will be participating in one-on-one meetings at the UBS Chemicals Virtual Conference on Wednesday, September 8, 2021. The company’s most recent investor presentation can be accessed on its website at http://investor.orioncarbons.com . About Orion Engineered Carbons...

Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today that effective September 15, 2021, or as permitted by customer contracts, the company is increasing prices on all carbon black products produced in North America. Due to higher operating costs related to recently installed emissions control systems and associated capital investments required to maintain service levels, it is necessary to adjust base prices and...