Orion S.A. signs supply agreement for tire pyrolysis oil with Contec S.A.
The agreement with
“With the ConPyro® TPO supplied by Contec, Orion will be able to make large-scale volumes of circular grades of carbon black that will supply growing demand from the world’s leading tire and rubber goods producers,” Orion CEO Corning Painter said. “This is yet another way that Orion is accelerating the transition to a circular economy.”
TPO-based manufacturing is the only circular technology that is moving into industrial production to produce high-quality active carbon black. The process takes discarded end-of-life tires and exposes them to high temperatures to produce a feedstock Orion can convert into virgin carbon black.
Orion is the only company that has made circular carbon black from
“At Contec, sustainability is one of our core values. This partnership is a clear confirmation to the market that the industry is continuously evolving, and the circular economy is no longer just a vision for the future - thanks to collaboration with Orion, it is becoming a tangible reality today,” said Krzysztof Wróblewski, CEO of Contec S.A.
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.
About Contec S.A.:
Contec S.A. specializes in end-of-life tire processing through chemical recycling, transforming discarded tires into circular, sustainable raw materials. What sets Contec apart is their proprietary Molten® technology, which utilizes molten salt as a heat transfer medium. This innovative approach ensures safer, more efficient, and economically viable production. Since 2017, Contec has been at the forefront of defossilization of the manufacturing industry by providing sustainable alternatives to virgin carbon black and petrochemical raw materials. Their commitment to environmental responsibility and cutting-edge solutions positions them as a leader in the tire recycling landscape.
Forward-Looking Statements
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Orion Contacts:
William Foreman
Orion S.A.
Director of Corporate Communications
william.foreman@orioncarbons.com
+1 281-889-7833
Christopher Kapsch
Orion S.A.
Vice President of Investor Relations
christopher.kapsch@orioncarbons.com
+1 281-318-4413
Contec Contact:
Anna Goławska
Contec S.A.
Marketing & PR Manager
a.golawska@contec.tech
+48 664 322 088
Source: Orion Engineered Carbons S.A.