Orion S.A. Opens Battery Innovation Center in Germany
21 September 2023 - 10:30PM
Business Wire
Orion S.A. (NYSE: OEC), a global specialty chemicals company,
today announced the opening of its Battery Innovation Center in
Germany – a major expansion serving the rapidly growing lithium-ion
battery industry powering the global shift to electrification.
The new center is located at Orion’s main innovation hub in
Cologne. The facility includes a full array of state-of-art
production, testing and diagnostic equipment. The center will
accelerate Orion’s tailor-made product and process development in
close cooperation with customers.
“The growth potential for conductive additives is huge. We are
committed to serving the needs of battery producers with innovation
and a global production network. Our new Battery Innovation Center
will further position Orion as a leader in the industry,” Orion CEO
Corning Painter said. “The battery lab will also broaden and
intensify our already extensive network of collaboration with
universities, customers and other partners in the battery
industry.”
Along with the Battery Innovation Center, Orion will establish a
new specialized organization for its battery business, led by Dr.
Adrian Steinmetz, who joins Orion on Oct. 1 from BASF. Based in
Frankfurt, Germany, he will serve as global vice president for
conductive additives.
Dr. Steinmetz’s key areas of expertise include business
development, leading global and regional specialty chemical
businesses and their technologies, as well as asset management. He
earned a doctorate degree in organic chemistry from University of
G�ttingen, Germany.
“We are excited that Dr. Steinmetz will provide the global
leadership that we need to continue the strong momentum we have in
the conductive materials market,” said Dr. Sandra Niewiem, senior
vice president and global head of Orion’s Specialty business. “He
will bring to Orion more than 25 years of experience in several
commercial and technical roles in battery materials and specialty
chemicals in Europe, Asia and the Americas.”
In the Battery Innovation Center, Dr. Amaury Augeard will lead
the technical team as the head of energy systems. He joined the
company from the Lotus Group and brings significant industrial
lithium-ion battery expertise. Dr. Augeard holds a doctorate in
electrical engineering from the University of Clermont-Ferrand,
France.
With a plant in France, Orion is the sole producer of
acetylene-based conductive additives in Europe. In the U.S., the
company is building a similar plant, which will be the only
facility of its kind in the country. The site in La Porte, Texas,
will quadruple Orion’s manufacturing capacity for acetylene-based
conductive additives, which are in high demand by lithium-ion
battery producers.
About Orion S.A.
Orion S.A. (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 15 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, including
risks related to our planned payment of the interim dividend and
the other risks and uncertainties listed under “Risk Factors” in
our Annual Report on Form 10-K for the fiscal year ended December
31, 2022, each of which could cause actual results, performance, or
events to differ materially from those expressed or implied in
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version on businesswire.com: https://www.businesswire.com/news/home/20230921694636/en/
Wendy Wilson Orion S.A. Head of Investor Relations
wendy.wilson@orioncarbons.com +1 281-974-0155
William Foreman Orion S.A. Director of Corporate Communications
and Government Affairs william.foreman@orioncarbons.com Direct: +1
832-445-3305 Mobile: +1 281-889-7833
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