Orion Engineered Carbons Celebrates 125th Anniversary of Its Cologne, Germany Facility and Its Legacy of Innovation
September 09 2020 - 4:30PM
Business Wire
Orion Engineered Carbons S.A. (NYSE: OEC), a global supplier of
specialty and high-performance carbon black, announced today the
125th anniversary of its manufacturing facility in Cologne,
Germany.
“Congratulations go out to all of our Cologne employees on this
extraordinary and historic milestone,” said Dr. Sandra Niewiem,
Senior Vice President EMEA and Global Specialty. “Over many decades
of innovation and commitment to partnering with our customers in
developing some of the finest specialty carbon blacks in the world,
we certainly have reason to celebrate our successes that are unique
to our industry.”
Orion’s origins go back to 1862, when August Wegelin, a German
entrepreneur, founded a carbon black plant in the center of
Cologne. In 1895, after three decades of rapid growth, the facility
was relocated to its current site south of the city.
In the 1930s, Degussa AG acquired and expanded the site
significantly. After Degussa AG transitioned to Evonik Industries
AG in 2007, the carbon black business was sold and, in 2011, became
Orion Engineered Carbons, an independent company that became
publicly traded on the NYSE in 2014. Since this milestone, Orion
has continued to invest in the site by strengthening the Cologne
Innovation Center, upgrading production and packaging capacities,
and creating a state-of-the-art logistics center.
Today, 125 years after its relocation to Cologne, the facility
is the oldest industrial carbon black site and the largest
specialty carbon black plant in the world serving a variety of
specialty and rubber carbon black markets such as polymers,
printing inks, coatings, batteries, technical rubber goods and
tires. As evidence of Orion’s global commitment to supporting the
communities it serves, the facility also has a long-term agreement
with the neighboring municipality of Hürth to be the principal
provider of heat to the district.
About Orion Engineered Carbons
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/20200909006043/en/
Orion Engineered Carbons S.A. Investor Relations Wendy Wilson,
+1 281-974-0155 Investor-Relations@orioncarbons.com
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