Orion Engineered Carbons to Increase Specialty Carbon Black Prices Globally

HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today it will raise prices for all specialty carbon black customers.

The increase, which will be communicated individually, will vary depending on the product, manufacturing process and location.

“Sharply rising raw material, energy and supply chain costs have made the price adjustment necessary. It will enable us to continue to deliver reliable and sustainable solutions to our customers,” said Corning Painter, CEO of Orion Engineered Carbons.

The increased pricing will be effective for all shipments beginning December 1, 2021, or as contracts allow.

About Orion Engineered Carbons

Orion Engineered Carbons (NYSE:OEC) is a global supplier of carbon black products including high-performance specialty gas blacks, acetylene blacks, furnace blacks, lamp blacks, thermal blacks, and other carbon blacks that tint, colorize and enhance the performance of polymers, plastics, paints and coatings, inks and toners, textile fibers, adhesives and sealants, batteries, tires, and mechanical rubber goods, such as automotive belts and hoses. The company has over 125 years of history providing customized solutions from a network of 14 global production sites and is dedicated to responsible business practices that emphasize reliability, innovation and sustainability. For more information, please visit orioncarbons.com.

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