Orion Engineered Carbons

Orion Engineered Carbons SA engages in the production and supply of carbon black. It operates through the following segments: Specialty Carbon Black and Rubber Carbon Black. The Specialty Carbon Black segment manufactures specialty carbon black at multiple sites for a broad range of specialized applications. The Rubber Carbon Black segment is used in the reinforcement of rubber in tires and mechanical rubber goods. Specialties are used as pigments and performance additives in coatings, polymers, printing and special applications. The company was founded on April 13, 2011 and is headquartered in Spring, TX.

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Orion Engineered Carbons reports record earnings, eyes growth opportunities

Orion Engineered Carbons had a strong 2022, with record EBITDA and positive guidance for 2023, emphasizing growth and capital efficiency.
The company's focus on operational excellence, differentiated products, and strategic investments underscores its commitment to long-term value creation.
Challenges in volume growth and pricing dynamics require careful navigation, but opportunities in multiyear deals and market trends offer avenues for expansion.
Overall, Orion Engineered Carbons is poised for continued success through a balanced approach to financial performance and strategic initiatives.

Orion Engineered Carbons reports record Q1 earnings and growth opportunities

Orion Engineered Carbons delivered strong financial performance in Q1 2023, with record EBITDA and EPS, completion of key projects, and improvements in core businesses.
While facing challenges from market conditions and raw material cost fluctuations, the company remains optimistic about future performance and growth opportunities.
With a focus on sustainable growth, return on investment, and shareholder value, Orion Engineered Carbons is poised for continued success and value creation.

Orion Engineered Carbons (OEC) reports record performance and strategic growth plans

Orion Engineered Carbons (OEC) showcased a robust performance in Q2 2023, with strong financial results and strategic initiatives. While facing challenges in specialty demand and pricing fluctuations, they are poised to capitalize on opportunities in the rubber industry and expanding markets. Orion's proactive approach to debt reduction and capacity expansion positions them well for future growth.

Orion Engineered Carbons (OEC) reports solid Q3 performance and outlines growth strategies

Orion Engineered Carbons (OEC) delivered a strong performance in Q3 2023, with positive financial metrics and strategic advancements.
While facing challenges in the specialty and rubber segments, the company is well-positioned to capitalize on growth opportunities through innovation and market strategies.
Maintaining a focus on financial strength, sustainability, and product innovation will be crucial for Orion Engineered Carbons (OEC) to drive future success.

Orion Engineered Carbons achieves record EBITDA, eyes sustainable growth

Orion Engineered Carbons demonstrated resilience in financial performance, strategic focus on sustainability, and proactive debt reduction strategies in 2023.
Challenges in gross profit per ton and short-term financial impacts were addressed transparently, with a clear outlook on growth opportunities for 2024.
The company's leadership team's guidance and responsiveness to market dynamics position Orion well for continued success and value creation for shareholders.

Orion Engineered Carbons (OEC) reports stellar Q1 performance and growth outlook

Orion Engineered Carbons (OEC) showcased robust financial performance in Q1 2024, setting the stage for a promising year ahead. With strong EBITDA guidance, sustainability achievements, and strategic investments, the company is well-positioned for growth amidst evolving market dynamics.

Orion Engineered Carbons (OEC) reports mixed Q2 performance, eyes sustainable growth

Orion Engineered Carbons (OEC) faced challenges in Q2 2024 with lower-than-expected EBITDA, primarily driven by issues in the Rubber segment. Despite this, the company remains optimistic about future growth prospects, focusing on sustainable products and profit growth in the Specialty segment. Revised guidance reflects a cautious outlook for the remainder of 2024.

Orion Engineered Carbons reports solid Q3 performance amidst market challenges

Orion Engineered Carbons delivered a strong performance in Q3 2024, showcasing resilience in the face of challenges. With a positive outlook for 2025, focusing on lower capital spending and business trajectory, the company is poised for continued growth and profitability.

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Orion SA engages in the production and supply of carbon black. It operates through the following segments: Specialty Carbon Black and Rubber Carbon Black. The Specialty Carbon Black segment manufactures specialty carbon black at multiple sites for a broad range of specialized applications. The Rubber Carbon Black segment is used in the reinforcement of rubber in tires and mechanical rubber goods. Specialties are used as pigments and performance additives in coatings, polymers, printing and special applications. The company was founded on April 13, 2011 and is headquartered in Senningerberg, Luxembourg.

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, announced today it has received a Gold medal rating from EcoVadis, an independent organization that assesses the performance of companies in a wide range of sustainability areas. Orion improved its score from the previous year, moving up from 72 to 77 points – just one point away from receiving a Platinum medal rating. The company is now in the 99th percentile of companies assessed by EcoVadis.

Orion Achieves Gold Rating, Higher Sustainability Score From EcoVadis

HOUSTON--( BUSINESS WIRE )--Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, said today it will sharply reduce air emissions at its Borger, Texas, plant with new control technology.

Orion Sharply Reduces Air Emissions with New Technology at Borger, Texas, Plant

HOUSTON--( BUSINESS WIRE )--Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced that the company will release its full year and fourth quarter 2022 results after the market closes on Thursday, February 16, 2023, to be followed by a conference call on Friday, February 17, 2023, at 8:30 a.m. (EST).

Orion Engineered Carbons Announces Full Year and Fourth Quarter 2022 Earnings Release Date and Conference Call Information

HOUSTON--( BUSINESS WIRE )--Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, announced today it was upgraded to a “B” score by the nonprofit organization CDP, recognizing Orion has addressed the environmental impact of its businesses and ensures good environmental management.

Orion Upgraded to “B” By Environmental Reporting Group CDP

Orion Engineered Carbons S.A. (NYSE:OEC ) Q3 2022 Earnings Conference Call November 4, 2022 8:30 AM ET Company Participants Wendy Wilson - Head of IR Corning Painter - CEO Jeffrey Glajch - CFO Conference Call Participants Josh Spector - UBS Jon Tanwanteng - CJS Securities Chris Kapsch - Loop Capital Operator Greetings.

Orion Engineered Carbons S.A. (OEC) Q3 2022 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, today announced that its Board of Directors has approved a share repurchase program with authorization to purchase up to $50 million of its outstanding common stock.

Orion Engineered Carbons Announces Share Repurchase Program

Orion Engineered Carbons (OEC) delivered earnings and revenue surprises of -8.06% and 16.73%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Orion Engineered Carbons (OEC) Misses Q3 Earnings Estimates

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced financial results for the third quarter of 2022.

Orion Engineered Carbons Announces Third Quarter Financial Results

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a specialty chemicals company, said today it has reached a major sustainability milestone, becoming the first to achieve International Sustainability and Carbon Certifications (ISCC Plus) for multiple carbon black grades made from different feedstocks at plants in two regions of the world.

Orion First to Earn ISCC PLUS Certification for Various Grades From Multiple Plants

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced that the company will release its third quarter 2022 results after the market closes on Thursday, November 3, 2022, to be followed by a conference call on Friday, November 4, 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

Orion Engineered Carbons Announces Third Quarter 2022 Earnings Release Date and Conference Call Information

HOUSTON--(BUSINESS WIRE)--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 35th 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 Engineer

Orion Engineered Carbons to Participate in the 35th Annual Credit Suisse Specialties and Basics Conference

HOUSTON--(BUSINESS WIRE)--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 na

Orion Engineered Carbons to Increase Specialty Carbon Black Prices Produced in Europe

Orion Engineered Carbons S.A. (NYSE:OEC ) Q2 2022 Earnings Conference Call August 5, 2022 8:30 AM ET Company Participants Wendy Wilson - Head of IR Corning Painter - CEO Jeffrey Glajch - CFO Conference Call Participants Josh Spector - UBS Jon Tanwanteng - CJS Securities Operator Greetings, and welcome to the Orion Engineered Carbons Second Quarter 2022 Earnings Conference Call.

Orion Engineered Carbons S.A. (OEC) CEO Corning Painter on Q2 2022 Results - Earnings Call Transcript

Orion Engineered Carbons supplies carbon black, which is a solid form of carbon sold as powder or pellets. The company's collaborations with customers will likely help offer beneficial products. Let's keep in mind that Orion uses tests in its laboratories that are also performed by clients.

Orion Engineered Carbons: Improvements In Mobility Could Bring The Price Up

HOUSTON--(BUSINESS WIRE)--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 settlemen

Orion Engineered Carbons Announces Second Quarter Financial Results

HOUSTON--(BUSINESS WIRE)--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

Orion Engineered Carbons Releases 2021 Sustainability Report

HOUSTON--(BUSINESS WIRE)--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 car

Orion Engineered Carbons to Participate in the Jefferies Industrials Conference

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Orion Engineered Carbons (OEC) Stock?

Orion Engineered Carbons (OEC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Orion Engineered Carbons (OEC)

HOUSTON--(BUSINESS WIRE)--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 fo

Orion Engineered Carbons Announces Second Quarter 2022 Earnings Release Date and Conference Call Information

Are Investors Undervaluing Orion Engineered Carbons (OEC) Right Now?

HOUSTON--(BUSINESS WIRE)--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, envi

Orion to Increase Prices, Reduce Payment Terms for Rubber Carbon Black Made in Europe and the Americas

HOUSTON--(BUSINESS WIRE)--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 leade

Orion Engineered Carbons Discusses Its Growth Strategy and Financial Targets

HOUSTON--(BUSINESS WIRE)--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 proact

Orion Engineered Carbons Expands Its Revolving Credit Facility

HOUSTON--(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 le

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