Orion S.A. Launches PRINTEX® kappa 10, Feeding High Demand Growth in the Lithium-ion Battery Industry

Rhea-AI Summary

Orion S.A. announces the launch of PRINTEX® kappa 10, a high-quality conductive additive for lithium-ion batteries. The product enhances energy transfer and power response, meeting the growing demand for electric vehicles and energy storage systems.

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• PRINTEX® kappa 10 will supply surging demand from producers of lithium-ion batteries for electric vehicles, energy storage systems, and consumer applications. It facilitates a more efficient transfer of electrical energy, enhancing performance and power response during charging and discharging.

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HOUSTON--(BUSINESS WIRE)-- Orion S.A. (NYSE: OEC), a global specialty chemicals company, today announced the launch of PRINTEX® kappa 10 – a high-quality conductive additive that will supply surging demand from producers of lithium-ion batteries for electric vehicles, energy storage systems and consumer applications.

The new product, produced with furnace technology in Europe and eventually in Asia, marks a crucial expansion of Orion’s portfolio of conductive additives. The company also makes other kappa grades with the acetylene process.

PRINTEX® kappa 10 facilitates a more efficient transfer of electrical energy within lithium-ion batteries. It forms a percolating network that enables the electrons to flow. This enhances the performance and power response during both charging and discharging.

The conductive additive works for both anode and cathode. It is also compatible with lithium-ferrous-phosphate (LFP) batteries, nickel-manganese-cobalt (NMC) and other batteries.

"At Orion, we're focused on products enabling more efficient and powerful lithium-ion batteries that help to decarbonize mobility. PRINTEX® kappa 10 is a key part of our strategy for expanding our business for such conductive additives,” said Orion CEO Corning Painter. “Our strength lies in our dedication to innovation and delivering sustainable solutions for our customers," Painter added. “As the world increasingly turns towards electric mobility, the demand for high-quality conductive additives like PRINTEX® kappa 10 will grow.”

Orion invites interested parties to visit the company’s website or contact the sales team for more information about PRINTEX® kappa 10.

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 orioncarbons.com.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231026809347/en/

William Foreman

Director of Corporate Communications and Government Affairs

Orion S.A.

Direct: +1 832-445-3305

Mobile: +1 281-889-7833

william.foreman@orioncarbons.com

Wendy Wilson

Head of Investor Relations

Orion S.A.

Direct: +1 281-974-0155

wendy.wilson@orioncarbons.com

Source: Orion Engineered Carbons S.A.

FAQ

What is PRINTEX® kappa 10?

PRINTEX® kappa 10 is a high-quality conductive additive for lithium-ion batteries.

What is the purpose of PRINTEX® kappa 10?

PRINTEX® kappa 10 enhances energy transfer and power response in lithium-ion batteries.

What batteries is PRINTEX® kappa 10 compatible with?

PRINTEX® kappa 10 is compatible with lithium-ferrous-phosphate (LFP) batteries, nickel-manganese-cobalt (NMC) batteries, and other batteries.

Where can I get more information about PRINTEX® kappa 10?

Interested parties can visit Orion's website or contact the sales team for more information about PRINTEX® kappa 10.