15 October 2015
About Orion Engineered Carbons S.A.
Orion Engineered Carbons is a worldwide supplier of Carbon Black.
The company offers standard and high-performance products
for Coatings, Printing Inks, Polymers, Rubber
and other applications.
Our high-quality Gas Blacks, Furnace Blacks and
Specialty Carbon Blacks tint, colorize and
enhance the performance of plastics, paints and coatings,
inks and toners, adhesives and sealants, tires,
and manufactured rubber goods such as
With 1,350 employees worldwide, Orion Engineered Carbons
runs 14 global production sites and
four Applied Technology Centers.
For more information Visit our website
.
DETAILS
Orion Engineered Carbons S.A. (Orion) (NYSE: OEC)
and
today announced agreements on transactions where
Orion will acquire
* Evonik’s 52% percent stake
as well as
* Deutsche Investitions
- und Entwicklungsgesellschaft mbH’s (DEG) 15% stake
in Qingdao Evonik Chemical Co., Ltd. (QECC).
QECC is a joint venture established by
Evonik, DEG and Jiaozhou Finance Investment Center (JFIC)
in 1994 based in Qingdao (Shandong Province), China.
It has production capacity of approximately
75 thousand metric tons of Carbon Black per annum.
The plant is equipped with three production lines
and its main manufacturing focus is on
high-end Carbon Black products.
Through its proximity to key customers,
connection to one of China’s largest ports and
modern transportation infrastructure,
the Qingdao facility is an excellent logistics base
for participation in future market growth.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
