Orion Engineered Carbons to Increase Gas Black Capacity
25 Mai 2022 - 10:35PM
Business Wire
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 specialty market,” said
Sandra Niewiem, senior vice president of global specialty carbon
black and the EMEA region. “As we experience continuous high demand
for gas blacks, we are confident that the extra capacity will be
welcomed by our customers.”
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 pellets. The material is made to customers’ exacting
specifications for tires, coatings, ink, batteries, plastics and
numerous other specialty, high-performance applications. Carbon
black is used to tint, colorize, provide reinforcement, conduct
electricity, increase durability and add UV protection. Orion has
innovation centers on three continents and 14 plants worldwide,
offering the most diverse variety of production processes in the
industry. The company’s corporate lineage goes back more than 160
years to Germany, where it operates the world’s longest-running
carbon black plant. Orion is a leading innovator, applying a deep
understanding of customers’ needs to deliver sustainable solutions.
For more information, please visit orioncarbons.com.
Forward-Looking Statements
This document contains certain forward-looking statements within
the meaning of the U.S. Private Securities Litigation Reform Act of
1995. Forward-looking statements are statements of future
expectations that are based on current expectations and assumptions
and involve known and unknown risks and uncertainties that could
cause actual results, performance or events to differ materially
from those expressed or implied in these statements. You should not
place undue reliance on forward-looking statements. Each
forward-looking statement speaks only as of the date of the
particular statement. New risk factors and uncertainties emerge
from time to time and it is not possible to predict all risk
factors and uncertainties, nor can we assess the extent to which
any factor, or combination of factors, may cause actual results to
differ materially from those contained in any forward-looking
statements. We undertake no obligation to publicly update or revise
any forward-looking statement as a result of new information,
future events or other information, other than as required by
applicable law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220525005690/en/
Wendy Wilson Head of Investor Relations Orion Engineered Carbons
Direct: +1 281-974-0155 wendy.wilson@orioncarbons.com
William Foreman Director of Corporate Communications and
Government Affairs Orion Engineered Carbons Direct: +1 832-445-3305
Mobile: +1 281-889-7833 william.foreman@orioncarbons.com
Orion (NYSE:OEC)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Orion (NYSE:OEC)
Historical Stock Chart
Von Apr 2023 bis Apr 2024