STOCK TITAN

Orion Engineered Carbons S.A. - OEC STOCK NEWS

Welcome to our dedicated page for Orion Engineered Carbons S.A. news (Ticker: OEC), a resource for investors and traders seeking the latest updates and insights on Orion Engineered Carbons S.A. stock.

Comprehensive Overview of Orion Engineered Carbons S.A.

Orion Engineered Carbons S.A. has established itself as a pivotal manufacturer of carbon black, a critical material used to tint, reinforce, and enhance the performance of a diverse range of products. With over a century of industry expertise, the company produces both rubber carbon black and specialty carbon black that serve essential roles in sectors such as tire manufacturing, coatings, printing inks, and polymer formulations. The integration of advanced production technologies with rigorous quality controls reflects the firm's deep technical competence in the field of industrial chemicals and materials science.

In its core operations, Orion Engineered Carbons S.A. harnesses extensive research in formulating carbon black that caters specifically to two main segments. The Rubber Carbon Black segment primarily focuses on reinforcing rubber, making it a key component in the production of tires and various mechanical rubber goods. This portion of the business underpins applications where durability and performance are paramount. In contrast, the Specialty Carbon Black segment is tailored towards enhancing the color, tint, and overall performance in products such as coatings, adhesives, sealants, and printing inks. This dual-segment strategy not only underscores the versatility of carbon black as a material but also demonstrates the company’s commitment to innovation and high performance in a variety of applications.

From an operational perspective, the company’s global network is a testament to its robust supply chain and technical expertise. Operating multiple production facilities and applied technology centers around the world, Orion Engineered Carbons ensures a consistent supply of high-quality carbon black products while fostering collaborative partnerships with its customers. This strategic geographic footprint enables the company to cater effectively to the diverse demands of markets, particularly within regions known for advanced manufacturing and industrial applications.

The firm’s integration of research and development into its production processes has been instrumental in delivering products that meet evolving industry standards. Emphasizing consistent quality and performance, the company’s product portfolio is a result of continuous improvements and meticulous control over production variables. This approach not only supports the reinforcement of manufacturing processes in the tire and rubber industry but also extends to enhancing the aesthetics and functionality of coatings and polymer-based products.

In addition to its primary focus on product quality, Orion Engineered Carbons S.A. maintains a strong emphasis on collaborative customer partnerships. This is achieved through tailored solutions that address specific industry challenges, thereby providing substantial value through technical expertise and innovation. By leveraging its longstanding technical experience and global presence, the company effectively bridges the gap between complex industrial requirements and cutting-edge production methodologies.

Key industry-specific keywords such as "carbon black," "reinforcement," and "performance additives" are embedded in its communications, reflecting the company’s mastery over the intricate details of material science. This integration of specialized language aids not only in search engine optimization but also in establishing a clear narrative that is accessible to both industry experts and those newly exploring the sector.

The competitive landscape in which Orion Engineered Carbons operates is complex, characterized by robust market forces and evolving customer demands. While there are several players in the carbon black industry, the company distinguishes itself through its longstanding expertise, diversified product segments, and a commitment to continuous technological enhancement. Its conservative approach to quantitative disclosure ensures that the focus remains squarely on product performance and operational perfection, underscoring a business model that is built on adaptability and reliability.

Moreover, the company's history of innovation has allowed it to strategically position itself at the intersection of quality manufacturing and advanced technical application. The emphasis on specialty applications, combined with a focus on reinforcing products utilized in high-performance rubber goods, renders the company a name synonymous with precision and excellence. This robust standing in its designated segments speaks volumes about its role as a critical enabler in various industrial and consumer applications.

Overall, Orion Engineered Carbons S.A. offers a comprehensive illustration of how specialized material manufacturing can pivot around deep technical expertise and operational excellence. Its insistence on quality, combined with unwavering adherence to industry-specific standards, has positioned the company as an authoritative voice in the realm of carbon black production. The clear communication of these nuances ensures that industry stakeholders, market analysts, and investors alike have an informed perspective on the company’s business model, without any unnecessary promotional tendencies.

Rhea-AI Summary

Orion Engineered Carbons (NYSE: OEC) announced its first Investor Day on June 8, from 1:00 pm to 4:00 pm EDT at the New York Stock Exchange. This hybrid event offers limited in-person attendance and a virtual option for participants. Investors can register online for the event, which aims to provide insights into Orion's operations and strategic direction. Orion is a global leader in carbon black production, serving various industries with innovative solutions tailored to customer specifications. For more details, visit orioncarbons.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.45%
Tags
none
-
Rhea-AI Summary

Orion Engineered Carbons (NYSE: OEC) announced the nomination of Tony Davis to its board, to be voted on at the Annual General Meeting of Shareholders on June 30, 2022. Davis is the CEO of Inherent Group, an investment management firm focused on ESG factors, and has extensive experience in investment management. His appointment is expected to provide valuable insights into investor perspectives and ESG data integration. If elected, the board will comprise 10 members, enhancing its expertise and strategic direction.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
management
-
Rhea-AI Summary

Orion Engineered Carbons (NYSE: OEC) will report its Q1 2022 earnings on May 5, 2022, after market close, followed by a conference call at 8:30 a.m. EDT on May 6, 2022. The company specializes in high-performance carbon black, essential for numerous applications including tires and plastics. Orion's operational excellence is backed by over 160 years of corporate lineage and innovation centers across three continents, underscoring its commitment to meeting customer specifications effectively. Access details for the conference call and replay are provided in the announcement.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.03%
Tags
Rhea-AI Summary

Orion Engineered Carbons (NYSE: OEC) announced changes to its pricing structure for rubber carbon black products, effective April 1, 2022. The company is implementing an increase in the carbon black oil surcharge and introducing a natural gas charge for products manufactured in Europe. These adjustments are driven by fluctuations in feedstock availability, quality, and logistics, along with volatile natural gas costs, ensuring Orion maintains its status as a reliable global supplier of high-quality goods.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
Tags
none
-
Rhea-AI Summary

Orion Engineered Carbons (NYSE:OEC) has launched the first new reactor for carbon black production in over 40 years in the European Union, located at its Ravenna plant in Italy. This state-of-the-art 25-kiloton line primarily serves the specialty and technical rubber carbon black markets in Europe. Additionally, Orion is investing in a co-generation facility to convert waste heat into electricity, producing up to 120 MWh of green electricity annually, benefiting the national grid and 30,000 households.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.27%
Tags
none
-
Rhea-AI Summary

Orion Engineered Carbons (NYSE:OEC) announced a price increase for all specialty carbon black products, effective April 1, 2022. This decision is in response to rising raw material, operational, and supply chain costs. CEO Corning Painter emphasized that the adjustment is essential for maintaining sustainable solutions for customers. The specifics of the increase will be communicated individually, varying by product, manufacturing process, and location. Orion aims to continue its commitment to quality while adapting to challenging market conditions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.37%
Tags
none
Rhea-AI Summary

Orion Engineered Carbons (NYSE:OEC) will hold its 2022 annual general meeting of shareholders on June 30, 2022, at 2:00 PM CET at its Luxembourg office. The record date for shareholders is set for April 28, 2022. Shareholders can attend virtually and exercise rights in advance through remote communication. Orion, a leading supplier of carbon black, offers a diverse range of products for various industries including tires and coatings, supported by innovation centers and 14 production plants worldwide.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
Tags
none
-
Rhea-AI Summary

Orion Engineered Carbons (NYSE:OEC) announced an interim dividend of $0.0207 per common share, totaling approximately $1.25 million. This dividend will be paid on April 6, 2022, to shareholders on record as of March 29, 2022. A 15% withholding tax will apply, subject to certain exemptions. Orion is a leading supplier of specialty carbon black, with a history spanning over 160 years and innovation centers across three continents.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
Tags
dividends
-
Rhea-AI Summary

Orion Engineered Carbons S.A. (NYSE: OEC) reported its 2021 financial results with notable highlights. Net sales for the year reached $1,546.8 million, up $410.4 million from 2020. Net income also rose to $134.7 million, marking an increase of $116.5 million. However, the fourth quarter saw a decline in net income to $1.1 million, down 87.6% year-over-year. Despite challenges from supply chain disruptions, the company announced a dividend reinstatement and robust guidance for 2022, expecting Adjusted EBITDA between $300 million and $325 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.16%
Tags
Rhea-AI Summary

Orion Engineered Carbons has appointed Jeffrey Glajch as the new chief financial officer, effective April 18, 2022. He succeeds Bob Hrivnak, who will continue as chief accounting officer. Glajch brings over 30 years of experience, most recently serving as CFO at Graham Corporation (NYSE: GHM) for 13 years. CEO Corning Painter expressed confidence in Glajch's ability to drive growth and provide strong financial leadership. The company will also release its full year 2021 results on February 17, 2022, followed by a conference call on February 18.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.7%
Tags
management

FAQ

What is the current stock price of Orion Engineered Carbons S.A. (OEC)?

The current stock price of Orion Engineered Carbons S.A. (OEC) is $12.19 as of April 22, 2025.

What is the market cap of Orion Engineered Carbons S.A. (OEC)?

The market cap of Orion Engineered Carbons S.A. (OEC) is approximately 685.2M.

What is the core business of Orion Engineered Carbons S.A.?

The company specializes in manufacturing carbon black, producing both rubber carbon black for tire and mechanical rubber applications and specialty carbon black for coatings, printing inks, and polymer enhancements.

How does Orion Engineered Carbons generate revenue?

Revenue is primarily generated through the sale of carbon black products that are used in various industrial applications, including tire reinforcement and performance additives for polymers and coatings.

What are the main segments of Orion Engineered Carbons' operations?

The firm operates mainly through two segments: the Rubber Carbon Black segment and the Specialty Carbon Black segment, each catering to distinct industry needs and applications.

What industries benefit from the products of Orion Engineered Carbons?

Industries such as tire manufacturing, coatings, printing, adhesives, sealants, and plastics benefit from high-quality carbon black products which enhance durability, color, and performance.

How does the company ensure quality in its carbon black products?

Orion Engineered Carbons utilizes advanced production methodologies and operates multiple applied technology centers globally to maintain rigorous quality control and continuous product improvement.

What distinguishes Orion Engineered Carbons from its competitors?

The company's long-standing industry expertise, dual-segment product range, and emphasis on collaborative partnerships and technological innovation distinguish it in the competitive carbon black market.

How does the company address the diverse needs of its market?

By dividing its operations into specialized segments and operating globally, Orion Engineered Carbons offers tailored solutions that cater to both high-strength rubber applications and specialty performance enhancements.

What role does research and development play at Orion Engineered Carbons?

The company integrates R&D deeply into its operations to refine production processes and develop innovative products that meet high industry standards and evolving market demands.
Orion Engineered Carbons S.A.

NYSE:OEC

OEC Rankings

OEC Stock Data

685.23M
55.15M
2.66%
99.61%
1.53%
Specialty Chemicals
Miscellaneous Chemical Products
Link
Luxembourg
SPRING