Category: News

The plant will supply Orion with tire pyrolysis oil to produce sustainable carbon black

HOUSTON – Orion S.A. (NYSE: OEC), a global specialty chemicals company, announced today it is investing in Alpha Carbone, a French tire recycling company. The partnership will enable Alpha Carbone to scale up and produce commercial volumes of tire pyrolysis oil and recovered carbon black.

The cooperation also includes a long-term supply agreement with Orion as the exclusive customer for the tire pyrolysis oil produced by Alpha Carbone. The oil will be used by Orion to manufacture circular carbon black for tire and rubber goods customers.

“This investment enables Orion to make large-scale volumes of circular grades of carbon black for our rubber customers who are seeking sustainable solutions,” Orion CEO Corning Painter said. “It further strengthens Orion’s position as an innovator focused on the future and accelerating the transition to a circular economy.”

An estimated 500,000 metric tons of tires are discarded annually in France. For years, Orion has been working closely with major tire companies to develop circular carbon black. Tire pyrolysis is the only proven technology to produce circular carbon black that can be used in new tires.

Alpha Carbone’s tire pyrolysis process takes the discarded end-of-life tires and exposes them to high temperatures, removing wire, mesh and other materials. The process also reduces the tires to synthetic gas, recovered carbon black and tire pyrolysis oil.

Orion is the only company that has made circular carbon black from 100% tire pyrolysis oil as a feedstock. The company has also demonstrated that its circular products can replace virgin carbon black in many applications.

Alpha Carbone’s plant is expected to start up in late 2025. Besides the pyrolysis oil supplied to Orion, Alpha Carbone will sell the recovered carbon black to its own customers primarily under long-term contracts.

“This investment will allow Alpha Carbone to bring its Dole, France, facility to the best industrial level in order to supply the growing demands for quality recovered carbon black and tire pyrolysis oil to our customers. This new step aligns with the strategy of Alpha Carbone’s main shareholder, Alpha Recyclage Franche Comté, to offer the best possible solution for recycling end-of-life tires,” said Laura Pech, CEO of Alpha Carbone.

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 four innovation centers and produces carbon black at 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.

About Alpha Carbone:

Alpha Carbone is a steam-pyrolysis company, based in France, focusing for over 15 years on producing rCB and TPO from end-of-life tires. Alpha Carbone has its main plant in Dole, right next to the group‘s main facility for collection and recovery of end-of-life tires. Alpha Carbone has a joined laboratory with Ecole des Mines d’Albi for R&D purposes.

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.

Contacts:

William Foreman
Orion S.A.
Director of Corporate Communications and Government Affairs
[email protected]
+1 281-889-7833

Wendy Wilson
Orion S.A.
Head of Investor Relations
[email protected]
+1 281-974-0155

HOUSTON – Orion S.A. (NYSE: OEC), a global specialty chemicals company, on Tuesday broke ground on a plant in Texas that will be the only facility in the U.S. producing acetylene-based conductive additives for lithium-ion batteries and other applications vital for the global shift to electrification.

The site in the city of La Porte, southeast of Houston, will create many high-skilled jobs – both in construction and technical fields – and bring innovative technology to the American economy. The battery additives produced by Orion’s plant will be super clean, with only one-tenth of the carbon footprint of other commonly used materials.

“Orion is already the sole producer of acetylene-based conductive additives in Europe,” Orion CEO Corning Painter said at the groundbreaking ceremony. “Our plant in La Porte will be a pivotal step toward strengthening the regional supply of conductive additives in the rapidly growing U.S. battery market.”

Every battery requires conductive additives. They enable a more efficient flow of electricity and extend the lifetime of lithium-ion batteries – the most valuable components of electric vehicles. The material also plays an essential role in high-voltage cables used for wind and solar farms.

The additives produced at the La Porte plant will be made from acetylene, a colorless gas that Orion’s production process turns into powder with exceptional purity demanded by leading battery manufacturers. The acetylene will be supplied by a neighboring site owned by Equistar Chemicals LP, a subsidiary of LyondellBasell.

At Tuesday’s groundbreaking ceremony, Kim Foley, LyondellBasell executive vice president of Global Olefins and Polyolefins, Refining and Supply Chain, said “At LYB, we see electrification as a crucial part of our plan to reduce carbon emissions across our industries. By supporting the production of key battery components, we’re contributing to solutions for a better tomorrow.”

Orion’s plant in La Porte is similar to one the company has in the city of Berre-l’Étang in southern France. The facility also uses acetylene from LyondellBasell.

With the LaPorte project, key equipment procurement and off-site fabrication are already at an advanced stage. Field construction activities are ramping up, with the facility start-up expected in the second quarter of 2025.

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 four innovation centers and produces carbon black at 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 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.

Contacts:

William Foreman
Orion S.A.
Director of Corporate Communications and Government Affairs
[email protected]
+1 281-889-7833

Wendy Wilson
Orion S.A.
Head of Investor Relations
[email protected]
+1 281-974-0155

HOUSTON – Orion S.A. (NYSE: OEC), a global specialty chemicals company, announced today it has maintained a Gold medal rating from EcoVadis and ranks among the top 2% of the companies assessed by the organization in a wide range of sustainability areas.

Orion improved its score from the previous year, moving up from 77% to 78% by making significant gains in the areas of sustainable procurement and ethics, according to EcoVadis, one of the world’s largest providers of business sustainability ratings.

“The annual progress Orion is making in the EcoVadis assessments is just another example of how committed we are to being a trusted partner for all our stakeholders and becoming an even more sustainable company,” Orion CEO Corning Painter said.

Over the past year, Orion has achieved several sustainability milestones. The most notable achievements include the completion of a series of four projects, with a total cost of more than $300 million, that involved installing technology that is substantially reducing emissions at Orion’s U.S. plants.

The company also continues to be a leader in developing circular products and recently received €6.4 million in funding from the German government and European Union to further develop technology to improve the production of carbon black using circular feedstocks.

About Orion Engineered Carbons

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 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.

Contacts:

William Foreman

Director of Corporate Communications and

Government Affairs

Orion Engineered Carbons

Direct: +1 832-445-3305

Mobile: +1 281-889-7833

[email protected]

Wendy Wilson

Head of Investor Relations

Orion Engineered Carbons

Direct: +1 281-974-0155

[email protected]

HOUSTON – Orion S.A. (NYSE: OEC), a global specialty chemicals producer, announced today it has completed upgrading its air emissions control technology at all four of its U.S. carbon black plants – the biggest sustainability-related initiative in the company’s history.

The company recently finished its final air emissions project at its plant in Belpre, Ohio. Previously, the company upgraded its Borger, Texas; Ivanhoe, Louisiana; and Orange, Texas, facilities.

The upgrades were part of an initiative from the U.S. Environmental Protection Agency that applied to all carbon black producers in America. The projects were especially challenging for Orion because it has more carbon black plants in the U.S. than any other company. Despite suffering from contractor issues, COVID-19 and supply-chain disruptions, Orion finished its projects ahead of some of its competitors.

“Our difficult journey to make our facilities run cleaner is now completed. Looking forward, we are entering an exciting new era as we focus more on investing in profitable growth, reducing debt and returning value to shareholders,” Orion CEO Corning Painter said.

“Central to our growth strategy, Orion will continue to invest in sustainability-linked projects,” Painter added. “This will include producing conductive materials for lithium-ion batteries and developing products for the circular economy.”

With a slower recovery in end markets and downtime as a result of Orion’s final EPA project, the company expects 2023 results to land at the lower end of its Adjusted EBITDA guidance range of $330 million to $340 million. While demand is recovering, it is building slower than expected in many markets.

“We are projecting our fourth year in a row of earnings growth in 2024 and expect the rate to be similar to 2023, which was a mid-single digit EBITDA increase,” Painter said.

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 four innovation centers and produces carbon black at 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 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.

Contacts:

William Foreman

Orion S.A.

Director of Corporate Communications and Government Affairs

[email protected]

Direct: +1 832-445-3305

Wendy Wilson

Orion S.A.

Head of Investor Relations

[email protected]

+1 281-974-0155

HOUSTON – Orion S.A. (NYSE: OEC), a specialty chemicals producer, announced today a fourth plant has earned International Sustainability and Carbon Certification (ISCC PLUS). The company now leads its industry with the number of certified carbon black production sites.

Orion’s facility in Cologne, Germany, was the company’s latest plant to pass extensive audits confirming the site’s compliance with rigorous ISCC PLUS sustainability requirements. The plant was certified for producing circular and bio-circular raw materials.

“Orion has long been a leading innovator developing circular solutions and sustainable products for customers,” Orion CEO Corning Painter said. “ISCC PLUS verifies the transparency and traceability of sustainable raw materials in our value chain. It also shows our dedication to sustainability.”

Last year, Orion was the first to achieve ISCC PLUS for multiple carbon black grades made from different feedstocks at plants in two regions of the world. The facilities were in Borger, Texas; Belpre, Ohio; and Jaslo, Poland. The three facilities were recertified this year.

“In addition to recognizing the sustainable grades for rubber applications produced in the three plants, the certification of our Cologne plant is an important milestone for Orion’s sustainability efforts because the facility produces a wide variety of specialty products for several applications, including batteries, coatings, printing and polymers,” Painter said.

A decade ago, Orion was the first major producer to develop and commercialize carbon black made from renewable feedstocks, such as industrial-grade vegetable oils or other oils derived from waste and residues of biological origin from agriculture or forestry.

Orion is also the only carbon black producer in the BlackCycle initiative, an EU-funded project focused on developing the production of circular carbon black.

The ISCC PLUS certification is granted by the Cologne-based ISCC Association, which promotes the sustainable production of biomass, circular and bio-based materials and renewables.

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 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.

Contacts:

William Foreman

Director of Corporate Communications and

Government Affairs

Orion S.A.

Direct: +1 832-445-3305

Mobile: +1 281-889-7833

[email protected]

Wendy Wilson

Head of Investor Relations

Orion S.A.

Direct: +1 281-974-0155

[email protected]

HOUSTON – Orion S.A. (NYSE: OEC), a specialty chemicals company, today celebrated the completion of its first greenfield project – a carbon black plant in eastern China that will supply fast-growing demand in Asia.

The facility in the city of Huaibei in Anhui province will produce carbon black for a variety of applications, including coatings, printing inks, rubber, polymers, fiber and rubber. The site’s two production lines have a total capacity of 70 kilotons per year.

“The Huaibei facility is a huge milestone for Orion. The state-of-the-art plant enables us to better support our Chinese customers with products that are made in China,” Orion CEO Corning Painter said. “Now we can reallocate production lines in the U.S. and Europe so that we can increase supply to customers in those markets.”

Orion’s other plant in China is in Qingdao in the eastern province of Shandong. The facility, built in 1994, produces carbon black grades for tires, mechanical rubber goods and specialty applications.

Painter commended everyone on the Huaibei project team for overcoming the extreme challenges posed by the Covid-19 virus.

“Despite the constant disruption during the worst periods of the pandemic, our employees, contractors and leadership team kept the project on track,” the CEO said. “As always, we put the safety, health and the welfare of our people first, providing nutritious meals, warm beds, testing and medical care. But still, it was the heroic dedication of our team that delivered this project under extremely trying circumstances.”

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 four innovation centers and produces carbon black at 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.

Contacts:

William Foreman

Director of Corporate Communications and

Government Affairs

Orion S.A.

Direct: +1 832-445-3305

Mobile: +1 281-889-7833

[email protected]

Wendy Wilson

Head of Investor Relations

Orion S.A.

Direct: +1 281-974-0155

[email protected]

BlackCycle is delighted to announce that this year we won the Recircle Award in the “Best Tyre Recycling Research Project” category.

The Recircle Awards is a global event designed to recognize the contribution of companies and individuals in the tyre manufacturing, retreading and recycling sectors towards the circular economy.

The BlackCycle project has been nominated two years in a row. In 2022, the project already received an honorable mention. This year, the Recircle award is a great recognition of the results of the project, which is co-funded by the European Union and involves 13 entities from five countries aiming to create a massive circular economy for tyres.

Orion is the only carbon black producer involved in the project.

Indeed, thanks to the BlackCycle project, the first sustainable carbon black (s-CB) produced from end-of-life tyre pyrolysis oil was made at the scale of several tons. That s-CB technology has been successfully introduced in a Michelin bus tyre along with other raw materials to get a sustainable rate of 58%.  All of that was made possible by the BlackCycle value chain driven by the stakeholders of the project.

Being honored with this award serves as evidence of the power of collaborative innovation and its impact on the tyre recycling value-chain on a global scale. The BlackCycle Project team is proud and honored to receive it and thanks all the people who voted for it.

The Blackcycle project will end in June 2024. More is coming. Please visit our website: blackcycle-project.eu

About BlackCycle:

BlackCycle (Grant agreement No 869625) is one of the R&D research and innovation projects funded by the European Commission under the EU’s Horizon 2020 research program to implement the concept of circular economy to the end-of-life tyres at the European level. The BlackCycle project has an upcycling ambition, targeting to create a circular economy of the end-of-life tyre (ELT) into technical applications like tyre industry by producing high technical second raw materials (SRMs) from ELTs. These SRMs will be used to develop new ranges of passenger car and truck tyres, which will be sold commercially in European and global markets. The BlackCycle project consortium is formed by 12 partners from 5 different countries (Orion, Ineris, Quantis, Icamcyl, Aliapur, CSIC, CPERI/CERTH, Sisener, Pyrum, Estato, Hera, and Axelera) and led by the French world leader in tire manufacturing Michelin, https://blackcycle-project.eu/

HOUSTON – Orion S.A. (NYSE: OEC), a global specialty chemicals company, today announced the launch of PRINTEX® kappa 10 – a high-quality conductive additive that will supply surging demand from producers of lithium-ion batteries for electric vehicles, energy storage systems and consumer applications.

The new product, produced with furnace technology in Europe and eventually in Asia, marks a crucial expansion of Orion’s portfolio of conductive additives. The company also makes other kappa grades with the acetylene process.

PRINTEX® kappa 10 facilitates a more efficient transfer of electrical energy within lithium-ion batteries. It forms a percolating network that enables the electrons to flow. This enhances the performance and power response during both charging and discharging.

The conductive additive works for both anode and cathode. It is also compatible with lithium-ferrous-phosphate (LFP) batteries, nickel-manganese-cobalt (NMC) and other batteries.

“At Orion, we’re focused on products enabling more efficient and powerful lithium-ion batteries that help to decarbonize mobility. PRINTEX® kappa 10 is a key part of our strategy for expanding our business for such conductive additives,” Orion CEO Corning Painter said.

“Our strength lies in our dedication to innovation and delivering sustainable solutions for our customers,” Painter added. “As the world increasingly turns toward electric mobility, the demand for high-quality conductive additives like PRINTEX® kappa 10 will grow.”

Orion invites interested parties to visit the company’s website or contact the sales team for more information about PRINTEX® kappa 10.

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 four innovation centers and produces carbon black at 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 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.

Contacts:

William Foreman

Director of Corporate Communications and

Government Affairs

Orion S.A.

Direct: +1 832-445-3305

Mobile: +1 281-889-7833

[email protected]

Wendy Wilson

Head of Investor Relations

Orion S.A.

Direct: +1 281-974-0155

[email protected]

HOUSTON – Orion S.A. (NYSE: OEC), a global specialty chemicals company, today opened a Battery Innovation Center and announced a new leadership team for its conductive additives business for batteries – 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, Germany. 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 Göttingen, 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 new 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 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.

Contact:

William Foreman

Director of Corporate Communications and

Government Affairs

Orion S.A.

Direct: +1 281-889-7833

[email protected]