Welcome to our dedicated page for Orion Engineered Carbons S.A. news (Ticker: OEC), a resource for investors and traders seeking the latest updates and insights on Orion Engineered Carbons S.A. stock.
Orion Engineered Carbons S.A. (OEC) delivers essential carbon black products for industrial applications worldwide. This news hub provides investors and industry professionals with timely updates on corporate developments, technical innovations, and market positioning.
Access consolidated OEC press releases covering quarterly earnings, product launches, and sustainability initiatives. Stay informed about advancements in rubber reinforcement technologies and specialty carbon black applications across coatings, polymers, and tire manufacturing sectors.
The repository includes verified updates on strategic partnerships, manufacturing expansions, and quality certifications. Content is curated to support informed analysis of OEC's role in the global materials science landscape while adhering to financial disclosure standards.
Bookmark this page for direct access to OEC's official communications. Combine historical context with real-time updates to track the company's progress in specialty chemicals and industrial solutions.
Orion Engineered Carbons (NYSE: OEC) has declared an interim dividend of $0.0207 per common share, totaling approximately $1.25 million based on current shares outstanding. The dividend is set for payment on July 6, 2023, with a record date of May 17, 2023. Shareholders will face a 15% Luxembourg withholding tax, which may have exemptions. Orion specializes in producing carbon black for various applications including tires and coatings, and operates globally with a focus on sustainable solutions. This move reflects the company's ongoing commitment to returning value to shareholders.
Orion Engineered Carbons (NYSE: OEC) has successfully installed a cogeneration technology at its Ivanhoe plant in Louisiana, enhancing operational efficiency. This technology converts waste steam from carbon black production into electricity, reducing reliance on the grid and minimizing downtime. CEO Corning Painter emphasized its significance for consistent production, particularly in the Gulf Coast region, which faces severe weather challenges. Additionally, improved equipment reliability is expected, preventing costly shutdowns. This upgrade follows the late 2021 installation of air emissions control technology, marking another step in Orion’s commitment to sustainable practices. Overall, these innovations aim to bolster operational performance and align with the company's environmental objectives.
Orion Engineered Carbons (NYSE: OEC) announced it will release its first quarter 2023 financial results after market close on May 4, 2023. A conference call will follow on May 5, 2023, at 8:30 a.m. (EDT), where investors can participate via U.S. Toll-Free: 1-877-407-4018 or International: 1-201-689-8471. A replay of the call will be available until May 12, 2023. The company's investor relations section will also host a live and archived webcast of the call. Orion, a leading carbon black supplier, operates 15 plants globally and has a history stretching over 160 years, focusing on customer-specific solutions across various applications including tires and coatings.
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