HOUSTON – Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, said today it has debottlenecked a post-treatment unit at its Cologne, Germany, plant that produces high-jetness specialty carbon blacks.
The debottlenecking enables Orion to increase production capacity and also produce beads in addition to powder. High-jetness carbon blacks deliver a deep black masstone with a bluish undertone and are popular in automotive coatings.
“It’s challenging to push jetness above certain levels, and Orion is one of only a few carbon black producers that can do it,” said Markus Mahn, director of Global Marketing for Coatings. “Demand was high last year and continues to be strong this year.”
Orion has plans to install a second post-treatment unit at its Cologne facility due to the rapidly growing demand for the company’s premium grades.
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, highperformance 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.
Contacts:
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
