Associated tags: Carbon, Ink, OEC, Plant, Orion, Plastic, Chemicals, Plastics, Manufacturing, NYSE, Other Manufacturing
Locations: NEW YORK, LUXEMBOURG, EUROPE, LOUISIANA, IVANHOE, CHICAGO, EUROPEAN UNION, ASIA, FRANCE, EU, COLOGNE, UNITED STATES, NORTH AMERICA, TEXAS, OHIO
Manufacturing,
Other Manufacturing,
Tires & Rubber,
Automotive,
Chemicals,
Plastics,
Share repurchase,
OEC,
GAAP,
Growth,
Plant,
Bank “Congratulations to the team on our first quarter results.
Key Points:
- “Congratulations to the team on our first quarter results.
- We expect to deliver another year of growth in 2024, as well as meaningful progress towards our financial and operational goals,” said Mr. Painter.
- Jeff Glajch, Orion’s chief financial officer added, “As Corning mentioned, we reported much improved sequential results.
- While year over year results were lower, please recall that we reported and discussed non-repeating favorable items in the first quarter of 2023.
Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that its board of directors has declared an interim dividend to be paid in the third quarter of 2024 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.25 million based on the number of common shares currently outstanding.
Key Points:
- Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that its board of directors has declared an interim dividend to be paid in the third quarter of 2024 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.25 million based on the number of common shares currently outstanding.
- The interim dividend will be paid on July 2, 2024, to holders of record as of the close of business on June 11, 2024.
- Luxembourg withholding tax at a rate of 15% will be deducted from each interim dividend, subject to exemptions and reductions in certain circumstances.
Retrieved on:
Wednesday, April 24, 2024
Orion S.A. (NYSE: OEC), a global specialty chemical company, announced today its 2024 sustainability rating from EcoVadis has been raised from Gold to Platinum, the highest possible distinction.
Key Points:
- Orion S.A. (NYSE: OEC), a global specialty chemical company, announced today its 2024 sustainability rating from EcoVadis has been raised from Gold to Platinum, the highest possible distinction.
- Orion now ranks among the top 1% of the companies assessed by EcoVadis, one of the world’s largest providers of business sustainability ratings.
- “Achieving the Platinum rating is a huge milestone for Orion considering that just three years ago we were at the Silver level.
- I want to congratulate our global team for their commitment and dedication,” said Orion CEO Corning Painter.
Natural Resources,
Batteries,
Automotive,
Chemicals,
Plastics,
Technology,
Tires & Rubber,
Mining,
Minerals,
Manufacturing,
OEC,
EDT Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that the company will release its first quarter 2024 results after the market closes on Thursday, May 2, 2024, to be followed by a conference call on Friday, May 3, 2024, at 8:30 a.m. (EDT).
Key Points:
- Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that the company will release its first quarter 2024 results after the market closes on Thursday, May 2, 2024, to be followed by a conference call on Friday, May 3, 2024, at 8:30 a.m. (EDT).
- The dial-in details for the live conference call are as follow:
A replay of the conference call may be accessed by phone at the following numbers through Thursday, May 16, 2024:
Technology,
Batteries,
Chemicals,
Plastics,
Manufacturing,
Electricity,
OEC,
LyondellBasell,
Wind,
Carbon,
Orion,
LYB,
Acetylene The battery additives produced by Orion’s plant will be super clean, with only one-tenth of the carbon footprint of other commonly used materials.
Key Points:
- The battery additives produced by Orion’s plant will be super clean, with only one-tenth of the carbon footprint of other commonly used materials.
- “Orion is already the sole producer of acetylene-based conductive additives in Europe,” Orion CEO Corning Painter said at the groundbreaking ceremony.
- “Our plant in La Porte will be a pivotal step toward strengthening the regional supply of conductive additives in the rapidly growing U.S. battery market.”
Every battery requires conductive additives.
- The additives produced at the La Porte plant will be made from acetylene, a colorless gas that Orion’s production process turns into powder with exceptional purity demanded by leading battery manufacturers.
Chemicals,
Plastics,
Environment,
Manufacturing,
Sustainability,
Green Technology,
Climate Change,
Other Manufacturing,
Orion,
Plant,
OEC,
Ethics,
Gold,
Renewable energy Orion S.A. (NYSE: OEC), a global specialty chemicals company, announced today it has maintained a Gold medal rating from EcoVadis and ranks among the top 2% of the companies assessed by the organization in a wide range of sustainability areas.
Key Points:
- Orion S.A. (NYSE: OEC), a global specialty chemicals company, announced today it has maintained a Gold medal rating from EcoVadis and ranks among the top 2% of the companies assessed by the organization in a wide range of sustainability areas.
- Orion improved its score from the previous year, moving up from 77% to 78% by making significant gains in the areas of sustainable procurement and ethics, according to EcoVadis, one of the world’s largest providers of business sustainability ratings.
- “The annual progress Orion is making in the EcoVadis assessments is just another example of how committed we are to being a trusted partner for all our stakeholders and becoming an even more sustainable company,” Orion CEO Corning Painter said.
- Over the past year, Orion has achieved several sustainability milestones.
Retrieved on:
Thursday, February 29, 2024
Coal,
Mining,
Minerals,
Batteries,
Energy,
Technology,
Automotive,
Natural Resources,
Other Manufacturing,
Chemicals,
Plastics,
Automotive Manufacturing,
Tires & Rubber,
Manufacturing,
OEC Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that its board of directors has declared an interim dividend to be paid in the second quarter of 2024 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.25 million based on the number of common shares currently outstanding.
Key Points:
- Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that its board of directors has declared an interim dividend to be paid in the second quarter of 2024 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.25 million based on the number of common shares currently outstanding.
- The interim dividend will be paid on April 4, 2024, to holders of record as of the close of business on March 13, 2024.
- Luxembourg withholding tax at a rate of 15% will be deducted from each interim dividend, subject to exemptions and reductions in certain circumstances.
Retrieved on:
Thursday, February 29, 2024
Orion S.A. (NYSE:OEC), a specialty chemical company, today announced that it will hold its 2024 annual general meeting of shareholders on Thursday, June 20, 2024, at 2:00 pm Central European Time at the company’s office, located at 6, Route de Trèves, L-2633 Senningerberg (Municipality of Niederanven), Grand Duchy of Luxembourg.
Key Points:
- Orion S.A. (NYSE:OEC), a specialty chemical company, today announced that it will hold its 2024 annual general meeting of shareholders on Thursday, June 20, 2024, at 2:00 pm Central European Time at the company’s office, located at 6, Route de Trèves, L-2633 Senningerberg (Municipality of Niederanven), Grand Duchy of Luxembourg.
- The company also set its record date for the admission of the company’s shareholders to its annual general meeting to April 26, 2024, at 11:59 pm Central European Time.
- The company will make it possible to attend its annual general meeting virtually and to exercise shareholder rights in advance of the meeting by means of remote communication.
Retrieved on:
Wednesday, February 14, 2024
Oil,
Gas,
Chemicals,
Plastics,
Coal,
Automotive Manufacturing,
Construction & Property,
Energy,
Manufacturing,
Technology,
EV,
Electric Vehicles,
Tires & Rubber,
Batteries,
General Automotive,
Other Manufacturing,
Automotive,
Other Energy,
Other Construction & Property,
Corning,
OEC,
Growth,
Plant,
Communication,
Carbon,
GAAP,
EPS,
Table tennis rubber Orion S.A. (NYSE: OEC), a specialty chemical company, today announced financial results for the full year of 2023.
Key Points:
- Orion S.A. (NYSE: OEC), a specialty chemical company, today announced financial results for the full year of 2023.
- Diluted EPS of $1.73 for the years ended December 31, 2023 and 2022.
- “The Orion team achieved record fourth quarter and full year results, in-line with our communication last month, yet we are not satisfied.
- Our results could have even beaten our original guidance if demand had not cooled over the course of 2023.
Professional Services,
Environmental, Social and Governance (ESG),
Chemicals,
Plastics,
Environment,
Sustainability,
Manufacturing,
Other Manufacturing,
Well,
OEC,
Carbon,
COVID-19,
EPA,
Growth,
Oil The company recently finished its final air emissions project at its plant in Belpre, Ohio.
Key Points:
- The company recently finished its final air emissions project at its plant in Belpre, Ohio.
- The upgrades were part of an initiative from the U.S. Environmental Protection Agency that applied to all carbon black producers in America.
- The projects were especially challenging for Orion because it has more carbon black plants in the United States than any other company.
- Well done to the Orion team,” said Orion CEO Corning Painter.
