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Orion Engineered Carbons First To Launch Renewable Carbon Black To The Tire Industry: ECORAX® Nature

·2 min read

This new family of products pioneers the use of renewable carbon black for the demanding requirements of tire treads.

HOUSTON, Texas, Jun 17, 2021--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced the commercial launch of ECORAX® Nature, a new family of products developed for rubber applications utilizing industrial grade, plant-based oils; a renewable, non-fossil derived feedstock. ECORAX® Nature 100 is the first highly reinforcing carbon black grade made from renewable feedstocks which can be used in critical tire tread construction. The product is currently being tested by customers and will go into high volume manufacturing in the second half of 2022.

"This launch is an important milestone in our strategy to develop commercially viable, carbon black products that drive sustainability across the value chain," said Corning Painter, chief executive officer, Orion Engineered Carbons. "This strategy, combined with our footprint, ability to innovate, and deep customer relationships makes Orion the right partner for a sustainable future."

By exclusively using plant-based oils, ECORAX® Nature is a pathway to lowering the net CO2 emissions within the tire industry supply chain.

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.

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/20210617005838/en/

Contacts

Orion Engineered Carbons
Investor Relations
Wendy Wilson, +1 281-974-0155
Investor-Relations@orioncarbons.com