Orion Engineered Carbons Completes Upgrade to Borger, Texas Facility Enabling Energy Self-Sufficiency
October 13 2020 - 4:30PM
Business Wire
Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier
of specialty and high-performance carbon black, today announced
that it has completed an upgrade to its Borger, Texas facility,
enabling the plant to run without drawing power from the electrical
grid and provide energy back to the regional grid for use in the
local area.
“Investing in cogeneration facilities that use tail gas as fuel
to produce electric power drives our energy consumption down and is
an impactful strategy on our path toward achieving the energy
recovery pillar of our sustainability targets. The recently
completed upgrade at our Borger plant enables us to use the
electricity we produce to run the plant, export the remainder to
the grid, advance our sustainability goals and improve the overall
reliability of the plant,” said Corning Painter, Chief Executive
Officer of Orion Engineered Carbons.
In addition to supplying 100 percent of the plant’s power needs,
the cogeneration unit at the plant delivers enough electricity into
the regional grid to power over 4,000 homes, which supplements
weather-dependent, renewable sources in the area.
About Orion Engineered Carbons S.A.
Orion is a worldwide supplier of carbon black. We produce 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 operates 14 global production sites and has
approximately 1,425 employees worldwide. For more information,
please visit our website www.orioncarbons.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20201013006033/en/
Orion Engineered Carbons S.A. Investor Relations Wendy Wilson,
+1 281-974-0155 Investor-Relations@orioncarbons.com
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