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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) reported third-quarter 2022 results, showcasing significant growth in financial metrics. Net sales rose to $543.1 million, up 38.2% year over year, with net income at $31.8 million and diluted EPS of $0.52. Adjusted EBITDA increased to $80.5 million, marking a 21.2% rise. The growth was driven primarily by strong performance in the Rubber Carbon Black segment. The company is optimistic about continued growth in 2023 with improved pricing and operational efficiencies.
Orion Engineered Carbons (NYSE: OEC) has achieved a significant sustainability milestone by becoming the first company to receive ISCC Plus certification for various carbon black grades produced from different feedstocks at multiple global plants. This certification validates the company's commitment to high sustainability standards and enhances transparency in its value chain. Products certified include ECORAX® Circular grades from Texas and Ohio and ECORAX® Nature 200 from Poland. Orion’s sustainable solutions position it as a leader in the industry, furthering its innovation towards a circular economy for tires.
Orion Engineered Carbons (NYSE: OEC) will release its third quarter 2022 results on November 3, 2022, followed by a conference call on November 4, 2022, at 8:30 a.m. (EDT). Interested parties can dial in at 1-877-407-4018 (U.S. Toll Free) or 1-201-689-8471 (International). A replay will be available through November 11, 2022. Orion specializes in carbon black, serving various industries worldwide with innovative solutions.
Orion Engineered Carbons (NYSE: OEC) has announced an interim dividend of
Orion Engineered Carbons (NYSE: OEC) will have CEO Corning Painter and CFO Jeff Glajch attend the 35th Annual Credit Suisse Specialties and Basics Conference in New York on September 13 at 1:15 PM EDT. Investors can access the audio link of the discussion on the company's website, with a transcript available afterward. Orion is a global leader in carbon black supply, providing materials tailored for various applications including tires and coatings, backed by over 160 years of expertise and innovation.
Orion Engineered Carbons (NYSE: OEC) has announced a price increase for all specialty carbon black grades produced in Europe, effective from October 1, 2022. The adjustments will be communicated to customers individually, influenced by various factors including product type and manufacturing location. This decision aims to maintain the supply of high-quality specialty products amid rising natural gas and oil prices and political instability in Europe. The increase also supports further investment in new product development to meet global market demands.
Orion Engineered Carbons (NYSE: OEC) reported Q2 2022 net sales of $541.2 million, a 35% year-over-year increase, while net income fell to $29.7 million, down 66.7% from the previous year due to a one-time Evonik settlement gain. Diluted EPS was $0.49, down from $1.47. Adjusted EBITDA rose by 5.8% to $83.4 million. The company anticipates achieving $310-$340 million in Adjusted EBITDA for the year. The expansion of their Senior Secured Revolving Credit Facility to €350 million also highlights ongoing financial strategy.
Orion Engineered Carbons (NYSE: OEC), a specialty chemicals company, announced participation in the Jefferies Industrials Conference in New York on August 9. CEO Corning Painter and CFO Jeff Glajch will engage in one-on-one meetings, with Mr. Painter presenting on August 10 at 9:00 AM EDT. Orion is a global leader in carbon black production, serving various industries including tires, coatings, and plastics. The company operates 14 plants and innovation centers worldwide, backed by over 160 years of expertise.
Orion Engineered Carbons (NYSE: OEC) will release its second quarter 2022 results after market close on August 4, 2022. A conference call discussing these results is scheduled for August 5, 2022, at 8:30 a.m. EDT. Investors can access the call through a U.S. toll-free line at 1-877-407-4018 or internationally at 1-201-689-8471. Additionally, a replay will be available through August 12, 2022, with toll-free numbers provided for both U.S. and international callers.
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