Latest news with #OrionS.A
Business Wire
a day ago
- Business
- Business Wire
Orion S.A. Announces Upcoming CFO Retirement
HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, announced today the upcoming retirement of Jeff Glajch, its Chief Financial Officer, who intends to step down early in the fourth quarter of 2025. "On behalf of our entire organization, we thank Jeff for his guidance and valuable contributions to Orion over the past three and a half years," Orion CEO Corning Painter said. 'Thanks to Jeff's leadership, we have exceptional finance and IT teams in place, and we are well-positioned for future growth.' A comprehensive search will be launched to identify a successor. To ensure a smooth transition, Mr. Glajch will continue to support Orion through the end of 2025. 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. Carbon black is used to tint, colorize, provide reinforcement, conduct electricity, increase durability and add UV protection. Orion has four innovation centers and produces carbon black at 15 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 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, including those related to our CFO transition, 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. Factors that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements include those factors detailed in our filings with the U.S. Securities and Exchange Commission. Additionally, 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.
Business Wire
15-07-2025
- Business
- Business Wire
Orion S.A. Announces Second Quarter 2025 Earnings Release Date and Conference Call Information
HOUSTON--(BUSINESS WIRE)-- Orion S.A. (NYSE: OEC), a global specialty chemical company, today announced it will release its second quarter 2025 results after the market closes on Wednesday, Aug. 6, 2025, to be followed by a conference call on Thursday, Aug. 7, 2025, at 8:30 a.m. (ET). The dial-in details for the live conference call are: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A conference call replay may be accessed at the following numbers through Thursday, Aug. 21, 2025: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13753912 Additionally, a live and archived webcast of the conference call will be available in the Investor Relations section of the company's website at 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. Carbon black is used to tint, colorize, provide reinforcement, conduct electricity, increase durability and add UV protection. Orion has four innovation centers and produces carbon black at 15 sites 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
Business Wire
08-07-2025
- Automotive
- Business Wire
Orion S.A. to rationalize production lines in Americas, EMEA
HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, announced today it plans to discontinue production at three to five of its carbon black lines at multiple facilities in the Americas and EMEA by the end of 2025. "This decision is part of Orion's strategy to focus maintenance investments on higher-performing production lines – making them more reliable and productive – and to rationalize underperforming assets,' Orion CEO Corning Painter said. 'This move is also intended to enhance free cash flow." Painter added, 'Recently introduced U.S. tariffs, the EU anti-dumping investigation and continued tire capacity investment in both regions should help reverse the local tire manufacturing share loss. However, given the uncertain timing of this recovery, we are choosing to take this action now.' 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. Carbon black is used to tint, colorize, provide reinforcement, conduct electricity, increase durability and add UV protection. Orion has four innovation centers and produces carbon black at 15 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 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.
Business Wire
20-06-2025
- Business
- Business Wire
Orion S.A. Earns 10 Safety Awards From International Carbon Black Association
HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals producer, has received 10 safety awards from the International Carbon Black Association, which each year recognizes companies that have superior safety records at their manufacturing sites. The ICBA said Orion 'set the benchmark' for the carbon black industry for employee health and safety. The awards are part of the association's Safety Recognition Program, a voluntary initiative based on verified data from the previous year. 'Safety is our highest priority at our sites and throughout our company,' Orion CEO Corning Painter said. 'As we continue to focus our capital investments more on maintenance and reliability across our global operations, we expect to build on our success with safety.' Eight Orion plants won Gold Awards. The sites were in Belpre, Ohio; Berre-l'Étang, France; Huaibei, China; Ivanhoe, Louisiana; Jaslo, Poland; Paulinia, Brazil; Ravenna, Italy; and Yeosu, South Korea. Facilities earning Gold Awards must fulfill a variety of criteria, including receiving globally recognized safety certifications, having no regulatory citations for safety-related events, audits or activities, among other requirements. Two additional Orion plants — in Orange, Texas, and Qingdao, China — received Bronze Awards for recording zero 'Lost Work Day' cases, defined as nonfatal occupational injuries or illnesses that result in missed workdays. 'The ICBA's recognition reflects our employees' unwavering commitment and belief that achieving a consistently injury-free workplace is both attainable and a core value of our company,' said Carlos Quinones, senior vice president of Global Operations at Orion. For more information, check the ICBA's website: 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. Carbon black is used to tint, colorize, provide reinforcement, conduct electricity, increase durability and add UV protection. Orion has four innovation centers and produces carbon black at 15 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 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.
Business Wire
02-06-2025
- Business
- Business Wire
Orion S.A.'s New Sustainability Report Highlights Contribution to Electrification
HOUSTON--(BUSINESS WIRE)-- Orion S.A. (NYSE: OEC), a global specialty chemicals producer, today released its 2024 Sustainability Report, showcasing how the company is making materials that are essential for a world with increased electrification of mobility and energy storage. For more than a century, Orion has been supplying battery makers. The new report highlights how the company is expanding its presence in high-growth markets driven by the shift toward electrification. Key opportunities include supplying differentiated conductive materials for: Battery energy storage systems, which are in high demand due to the rise in renewable energies as well as the expansion of energy-intensive data centers. High-voltage wire and cable applications, essential for electrification infrastructure. Lithium-ion batteries for electric vehicles, a market that continues to grow despite short-term fluctuations. 'Discussions about battery materials often focus on metals, such as lithium, cobalt and nickel. But conductive additives, such as carbon black, are just as critical,' Orion CEO Corning Painter said. 'Every battery needs them because they improve electron mobility, battery performance, safety and reliability.' The report also details how Orion's acetylene-based conductive additives are the purest of all commercially available carbon blacks and have the lowest carbon footprint. Last year, the company broke ground on a state-of-the-art manufacturing plant in La Porte, Texas, that will be the only U.S. facility of its kind producing the material. 'We see sustainability as a strategic business opportunity,' Painter said. 'Our ultra-pure conductive additives are helping power the global energy transition, from electric vehicles to grid-scale storage batteries. We're proud to support and help enable a cleaner, more electrified future.' The Sustainability Report can be downloaded from the Sustainability page on Orion's website: 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. Carbon black is used to tint, colorize, provide reinforcement, conduct electricity, increase durability and add UV protection. Orion has four innovation centers and produces carbon black at 15 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 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.
