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 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

Orion Engineered Carbons to Increase Specialty Carbon Black Prices Globally

Orion Engineered Carbons (OEC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Orion Engineered Carbons (OEC) Earnings Expected to Grow: Should You Buy?

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today that Lorin Crenshaw has decided to leave his position as chief financial officer to accept a leadership role at another public company. He will remain with Orion as an adviser until November 21, 2021. "We appreciate the contributions Lorin made to the company during his tenure,” CEO Corning Painter said. “He has provided strong strategic finan

Orion Engineered Carbons Announces CFO Transition, Appointment of Robert Hrivnak as Interim CFO

HOUSTON--(BUSINESS WIRE)--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 con

Orion Engineered Carbons Announces Third Quarter 2021 Earnings Release Date and Conference Call Information

HOUSTON--(BUSINESS WIRE)--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 lever

Orion Engineered Carbons Enters Into Sustainability-Linked Term Loan

HOUSTON--(BUSINESS WIRE)--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 (CO2) 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 greenhous

Orion Engineered Carbons to Implement a Carbon Dioxide Surcharge for All Carbon Black Products Manufactured in Europe

HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--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 constructiv

Corning Painter Signs CEO Action for Diversity and Inclusion Pledge

HOUSTON--(BUSINESS WIRE)--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 fire

Orion Engineered Carbons to Participate in the Credit Suisse 34th Annual Virtual Basic Materials Conference

HOUSTON--(BUSINESS WIRE)--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 pro

Orion Engineered Carbons Initiates Construction of Second Plant in China

HOUSTON--(BUSINESS WIRE)--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

Orion Engineered Carbons to Participate in the UBS Chemicals Virtual Conference

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HOUSTON--(BUSINESS WIRE)--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 adjus

Orion Engineered Carbons to Increase Prices for Carbon Black in North America

Orion Engineered Carbons' (OEC) CEO Corning Painter on Q2 2021 Results -Earnings Call Transcript

Orion Engineered Carbons (OEC) delivered earnings and revenue surprises of 16.98% and 15.96%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Orion Engineered Carbons (OEC) Surpasses Q2 Earnings and Revenue Estimates

HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a global supplier of specialty and high-performance carbon black, today announced financial results for the second quarter of 2021. Second Quarter 2021 Highlights Achieved second highest Adjusted EBITDA since IPO. Positioned the company to complete EPA investments, capture growth in differentiated markets and generate substantial free cash flow in 2023. Received cash payment of $79.5 million, resolving longstanding dispute wit

Orion Engineered Carbons S.A. Announces Second Quarter Financial Results

HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high performance carbon black, today published its 2020 Sustainability Report, showcasing the company's latest work with science-based groups with the goal to reduce global greenhouse gas emissions in the production of carbon black – an essential ingredient in tires, coatings, film, pipes, wire, cable and numerous other everyday products. “We recognize the urgency to act on climate ch

Orion Engineered Carbons Publishes Its 2020 Sustainability Report

Orion Engineered Carbons (OEC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, has partnered with RISE Research Institutes of Sweden in a project to develop and produce renewable carbon black. This collaboration represents an important step towards more climate-neutral carbon black production by replacing traditional carbon black feedstock with pyrolysis oil from biomass oil. Orion plans to convert the biomass oil into carbon black

Orion Engineered Carbons Partners with RISE Research Institutes of Sweden to Produce Renewable Carbon Black at Commercial Scale

HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, has joined the HiQ-CARB consortium to provide the lithium-ion battery industry with sustainable and high-performance carbon additives. Seven leading European industry players, research institutes, and universities are collaborating on the European Union-funded HiQ-CARB project to design and scale up innovative battery materials – including Orion's high-p

Orion Engineered Carbons Shapes Future of Lithium-Ion Battery Production in Collaboration with European Commission's HiQ-CARB Consortium

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced that the company will release its second quarter 2021 results after the market closes on Thursday, August 5, 2021, to be followed by a conference call on Friday, August 6, 2021, 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 confer

Orion Engineered Carbons Announces Second Quarter 2021 Earnings Release Date and Conference Call Information

HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today that effective August 1, 2021, or as permitted by customer contracts, the company is increasing prices on all rubber carbon black products sold in the EMEA region. Due to rising operating, logistics and environmental costs required to maintain service levels, it is necessary to adjust prices for rubber carbon black by an average of €110 p

Orion Engineered Carbons to Increase Prices for Rubber Carbon Black In EMEA

Orion (OEC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Orion (OEC) Stock Might be a Great Pick

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced its agreement with Evonik to settle the arbitration proceedings which Orion (Germany) had commenced against an Evonik Industries AG affiliate in June 2019. The arbitration was launched by Orion to enforce - among others - indemnity claims covering capital expenditures and costs to remedy past violations of the U.S. Clean Air Act alleged b

Orion Engineered Carbons Settles Dispute with Former Owner Evonik Over Indemnity Claims from The Acquisition of Evonik's Global Carbon Black Business in 2011

HOUSTON, Texas--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced the commercial launch of ECORAX® Nature, a new family of products developed for rubber applications utilizing industrial grade, plant-based oils; a renewable, non-fossil derived feedstock. ECORAX® Nature 100 is the first highly reinforcing carbon black grade made from renewable feedstocks which can be used in critical tire tread co

Orion Engineered Carbons First To Launch Renewable Carbon Black To The Tire Industry: ECORAX® Nature

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