Orion Engineered Carbons to Add Specialty Carbon Black Production Line in Italy

March 20, 2018

LUXEMBOURG–(BUSINESS WIRE)–Orion Engineered Carbons S.A. (NYSE: OEC), a leading worldwide supplier
of specialty and high-performance Carbon Black, today announced that it
will expand production capacity at its facility in Ravenna, Italy, with
the construction of a new specialty Carbon Black line. The line will
provide additional Specialty Carbon Blacks to supply the growing
coatings, polymers, printing and specialty applications markets.

“After extensive review and analysis of opportunities, in addition to
the ongoing conversion of existing rubber capacity to specialty, we are
adding a new line to take advantage of the strong demand for Specialty
Carbon Blacks and extend our successful penetration of the specialty
segment,” said Jack Clem, Orion’s Chief Executive Officer. “This
investment continues Orion’s rapid realignment of our portfolio toward
higher value added products.”

The new line is expected to begin production in the fourth quarter 2019.

For product related information, contact Tilo Lindner, Head of Global
Marketing, Business Line Specialty Carbon Black, at [email protected].

About Orion Engineered Carbons S.A. (NYSE: OEC)

Orion is a worldwide supplier of Carbon Black. We produce a broad range
of Carbon Blacks that include high-performance Specialty Gas 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 four Applied Technology
Centers. The group has approximately 1,441 employees worldwide. For more
information please visit our website www.orioncarbons.com.

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