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Orion Engineered Carbons Officially Opens New Technical Service Applications Laboratory in New Jersey

February 24, 2020 GMT

HOUSTON--(BUSINESS WIRE)--Feb 24, 2020--

Orion Engineered Carbons S.A. (NYSE: OEC) (the “Company” or “Orion”), a worldwide supplier of specialty and high-performance Carbon Black, has now officially opened its new technical service applications laboratory in New Jersey, USA ( see previous press release on the subject dated October 24, 2019 ). Expanding Orion’s worldwide network of laboratories and strengthening Orion’s Specialty Carbon Black business in the Americas, the new facility will initially serve coatings and ink customers, as well as drive innovation to advance carbon black technology.

“The lab is an invaluable technical resource for Orion, for the industry and for our customers,” said Mr. Corning Painter, Chief Executive Officer of Orion. “We can accelerate new product developments and optimize formulations for cost-efficiency and product performance.”

Built with state-of the-art equipment, the laboratory is currently conducting coatings and inks application projects, which can optimize raw material use, increase revenue and improve profitability for both Orion and industry partners.

“We are testing in industrial, architectural and automotive coatings systems, both water- and solvent-borne, plus a variety of inks,” said Dr. Jennifer Stroh, PhD, Marketing Manager Coatings Americas. “We are evaluating a broad range of formula components, including carbon blacks and dispersants, and apply our special expertise in color and jetness to determine the best desired outcome.”

Specifically, Dr. Stroh said the lab is “pushing the envelope” in automotive coatings to reach cutting-edge high jetness levels for the automotive coatings market.

The new technical service laboratory also enables customers to accelerate their own research and development in formulations containing carbon black. The lab draws on the full range of Orion’s extensive carbon black portfolio aiming to optimize formulas and help customers serve their markets better.

For more information about the Technical Service Applications Laboratory and Specialty Carbon Blacks from Orion Engineered Carbons, please contact Americas@orioncarbons.com.

About Orion Engineered Carbons S.A.

Orion is a worldwide supplier of Carbon Black. Orion group produces a broad range of Carbon Blacks that include 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, tires, and mechanical rubber goods such as automotive belts and hoses. Orion runs 14 global production sites and five Applied Technology Centers. The group has approximately 1,450 employees worldwide. For more information please visit the Orion website www.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/20200224005939/en/

CONTACT: Orion Engineered Carbons S.A.

Vice President Investor Relations

Diana Downey, +1 832-589-2285

Investor-Relations@orioncarbons.com

KEYWORD: TEXAS NEW JERSEY UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: AUTOMOTIVE MANUFACTURING AUTOMOTIVE MANUFACTURING OTHER SCIENCE GENERAL AUTOMOTIVE TIRES & RUBBER RESEARCH OTHER MANUFACTURING PACKAGING SCIENCE CHEMICALS/PLASTICS

SOURCE: Orion Engineered Carbons S.A.

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PUB: 02/24/2020 04:47 PM/DISC: 02/24/2020 04:47 PM

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