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HOUSTON, July 8 – Orion S.A., a global specialty chemicals company, announced 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.”

Contec S.A. has announced the successful deliveries of multiple shipments of tire pyrolysis oil (ConPyro®) to Orion S.A. (NYSE: OEC), marking a significant early milestone in the long-term collaboration between the two companies. These initial shipments were made possible by processing significant quantities of end-of-life tires using Contec’s proprietary Molten® technology.

Carbon black has been used since ancient times in China and Egypt, yet today it remains a high-tech material worthy of scientific interest. This is due to the numerous ways it can be engineered to serve as an essential component in a variety of everyday products – from paint and textiles to tires, power cables and batteries. To explore both the fundamentals and the latest innovations, Orion S.A. scientists have authored a new resource: “Carbon Black” in the Encyclopedia of Polymer Science and Technology Online, available via the Wiley Online Library.

Orion S.A. reported first quarter 2025 results showing a decline in revenue and earnings, impacted by lower oil prices, unfavorable exchange rates, and unplanned plant downtime. Net sales fell to $477.7 million (down 5% YoY), and adjusted EBITDA dropped 22% to $66.2 million. While volumes rose in the Rubber Carbon Black segment, Specialty Carbon Black demand softened in the Americas.

Orion S.A., a global specialty chemicals company, has launched ECOLAR 50 POWDER – a new bio-circular carbon black that will help coatings manufacturers formulate more sustainable coatings. ECOLAR 50 POWDER delivers coloristic properties comparable to regular specialty carbon blacks.

The recognition highlights Orion’s achievement as a "Key Innovator" for being the first company to produce circular carbon black from 100% pyrolysis oil from end-of-life tires. The market-ready material serves as an alternative to carbon black made from fossil oil.

On February 19, Orion S.A. (NYSE: OEC), a specialty chemical company, announced financial results for its full-year financial results for 2024, reporting a third consecutive year of $300+ million EBITDA and highlighting positive 2025-2026 inflection in Free Cash Flow. “Orion delivered more than $300 million of Adjusted EBITDA for the third consecutive year in 2024, but we are not satisfied by these results.

Orion S.A., a global specialty chemicals company, announced that it has signed a long-term supply agreement with Contec S.A., which will provide Orion tire pyrolysis oil to produce circular carbon black for tire and rubber goods customers. The agreement with Warsaw, Poland-based Contec further enables Orion to diversify its sources of tire pyrolysis oil, commonly known as TPO.

Orion S.A. will showcase its high-performance conductive additive portfolio at the IWCS 2024 Cable & Connectivity Industry Forum, highlighting products like PRINTEX® kappa 60, designed for wire-and-cable applications. These additives extend cable service life by improving conductivity, surface smoothness, and UV protection.