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Orion Engineered Carbons Initiates Building of Second Plant in China

3 min read

HOUSTON–(Enterprise WIRE)–Orion Engineered Carbons (NYSE: OEC) these days commenced developing its next plant in China for specialty and significant-efficiency carbon black, increasing the chemical company’s generation capability in 1 of the world’s swiftest-rising marketplaces.

Carbon black, accessible as powder or beads, is usually utilized in tires, textile fibers, coatings, batteries and quite a few other daily goods. It tints or colorizes as perfectly as reinforces merchandise, conducts electrical power and supplies UV safety, between quite a few other uses across a broad array of purposes and conclude markets.

Orion’s new facility in Huaibei in the jap province of Anhui is predicted to be finished late up coming 12 months and to get started working in 2023.

With a qualified preliminary production capacity of 65-70 kilotons for each year, the plant will be equipped to make a selection of carbon black for specialty and large-stop rubber grades.

“The strongest expansion in demand for carbon black in the coming many years is greatly projected to be in Asia,” mentioned Corning F. Painter, chief government officer at Orion. “This new web page in China will permit us to better source our buyers and reinforce our situation as a major world wide supplier of specialty and higher-overall performance carbon black.”

The new internet site enhances Orion’s initial Chinese plant, built in 1994 in Qingdao in the eastern province of Shandong, as properly as Orion’s manufacturing web page in Yeosu, South Korea.

An innovator in sustainability, Orion will equip the plant to change its squander warmth to steam that will be marketed to the regional industrial park.

About Orion Engineered Carbons

Orion Engineered Carbons (NYSE:OEC) is a international provider of carbon black products and solutions, which includes higher-general performance specialty gasoline blacks, acetylene blacks, furnace blacks, lamp blacks, thermal blacks and other carbon blacks that tint, colorize and enhance the functionality of polymers, plastics, paints and coatings, inks and toners, textile fibers, adhesives and sealants, batteries, tires, and mechanical rubber merchandise. The business has about 125 many years of heritage providing tailored alternatives from a community of 14 worldwide creation sites and is focused to responsible business tactics that emphasize dependability, innovation and sustainability. For much more information, you should go to

Forward-Seeking Statements

This document consists of selected forward-on the lookout statements in just the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements of foreseeable future anticipations that are centered on recent anticipations and assumptions and involve recognised and unknown challenges and uncertainties that could induce real results, effectiveness or situations to vary materially from those people expressed or implied in these statements. You ought to not location undue reliance on ahead-searching statements. Every single ahead-looking assertion speaks only as of the day of the certain assertion. New chance factors and uncertainties emerge from time to time and it is not possible to predict all possibility variables and uncertainties, nor can we evaluate the extent to which any element, or mix of variables, may perhaps result in true benefits to differ materially from those contained in any forward-hunting statements. We undertake no obligation to publicly update or revise any ahead-searching assertion as a end result of new details, upcoming functions or other details, other than as needed by relevant legislation.

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