Orion S.A., a global leader in specialty chemicals, has announced a price increase for all Specialty carbon black grades produced in Europe, as well as for NEROX® manufactured in South Korea. The price adjustments will vary based on the product, manufacturing process, and location, and will be communicated to customers individually.
Orion CEO Corning Painter explained, “The price adjustments will ensure that Orion continues to supply the differentiated, high-quality Specialty products that customers need during this period of rising feedstock and operational costs. Additionally, these increases will support the development of new products and solutions for our global customer base.”
The new pricing structure will take effect for all shipments starting January 1, 2025, or as per contract terms.
About Orion S.A.
Orion S.A. (NYSE: OEC) is a leading global supplier of carbon black, a form of solid carbon used in a wide range of applications, including tires, coatings, inks, batteries, and plastics. Carbon black provides vital functions such as reinforcement, conductivity, durability, UV protection, and coloring. Orion operates 15 production plants worldwide and has four innovation centers, offering the industry’s most diverse production processes. With over 160 years of history, Orion remains a pioneer in the carbon black industry, delivering sustainable solutions to meet customer needs. Learn more at orioncarbons.com.
Forward-Looking Statements
This document contains forward-looking statements as defined by the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions and are subject to known and unknown risks and uncertainties. Actual results may differ materially from those expressed or implied in these statements. Orion undertakes no obligation to publicly update or revise any forward-looking statement unless required by law.
