Orion S.A. Invests to Upgrade Alpha Carbone Facility
Orion Engineered Carbons S.A Common Shares (OEC)
Last orion engineered carbons s.a common shares earnings: 2/20 04:45 pm
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Source: Business Wire
The plant will supply Orion with tire pyrolysis oil to produce sustainable carbon black HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, announced today it is investing in Alpha Carbone, a French tire recycling company. The partnership will enable Alpha Carbone to scale up and produce commercial volumes of tire pyrolysis oil and recovered carbon black.The cooperation also includes a long-term supply agreement with Orion as the exclusive customer for the tire pyrolysis oil produced by Alpha Carbone. The oil will be used by Orion to manufacture circular carbon black for tire and rubber goods customers.“This investment enables Orion to make large-scale volumes of circular grades of carbon black for our rubber customers who are seeking sustainable solutions,” Orion CEO Corning Painter said. “It further strengthens Orion’s position as an innovator focused on the future and accelerating the transition to a circular economy.”An estimated 500,000 metr
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- Orion Engineered Carbons S.A. (NYSE:OEC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Orion S.A. (NYSE: OEC) had its price target raised by analysts at Mizuho from $25.00 to $26.00. They now have a "neutral" rating on the stock.MarketBeat
- Orion S.A. Reports First Quarter 2024 Financial ResultsBusiness Wire
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