Orion Sharply Reduces Air Emissions with New Know-how at Borger, Texas, Plant

HOUSTON, January 24, 2023–(BUSINESS WIRE)–Orion Engineered Carbons (NYSE: OEC), a worldwide specialty chemical substances firm, mentioned at present it is going to sharply scale back air emissions at its Borger, Texas, plant with new management know-how.

The $60 million challenge additionally concerned upgrading the positioning’s cogeneration system, which takes warmth created by the carbon black manufacturing course of and converts it to electrical energy that can be utilized by the plant. The electrical energy can also be offered again to the ability grid. Such power conservation tools is utilized by many Orion vegetation worldwide.

“Investing in emissions management know-how and producing extra clear power are key to our dedication to sustainability,” Orion CEO Corning Painter mentioned. “I wish to commend our engineers, the Borger crew and our contractors for the well timed completion of this complicated challenge regardless of the Covid-19 pandemic and provide chain disruptions.”

The brand new emissions know-how will result in a serious enchancment in air high quality, eliminating 23 tons of nitrogen oxide and sulfur dioxide emissions per day – a 90 % discount. The Borger plant produces carbon black for rubber and specialty purchasers.

Orion additionally lately upgraded its emissions management know-how at amenities in Ivanhoe, Louisiana and Orange, Texas. Later this 12 months, Orion plans to complete its remaining U.S. emissions challenge at its web site in Belpre, Ohio.

“We’re proud that we’ve upgraded these vegetation, nevertheless it was a particularly demanding endeavor,” Painter mentioned. “As we full the Belpre challenge, Orion may have considerably extra free money movement to put money into progress initiatives. 2023 marks a brand new period for the corporate.”

Upgrading the Borger plant helps Orion’s efforts to realize the targets in its sustainability-linked term loan. Final 12 months, Orion was one of many first public corporations to take out such a mortgage, which has rates of interest that go up or down relying on whether or not an organization meets particular environmental, social and governance objectives.

About Orion Engineered Carbons

Orion Engineered Carbons (NYSE: OEC) is a number one world provider of carbon black, a strong type of carbon produced as powder or pellets. The fabric is made to prospects’ exacting specs for tires, coatings, ink, batteries, plastics and quite a few different specialty, high-performance purposes. Carbon black is used to tint, colorize, present reinforcement, conduct electrical energy, enhance sturdiness, and add UV safety. Orion has innovation facilities on three continents and 14 vegetation worldwide, providing essentially the most numerous number of manufacturing processes within the trade. The corporate’s company lineage goes again greater than 160 years to Germany, the place it operates the world’s longest-running carbon black plant. Orion is a number one innovator, making use of a deep understanding of consumers’ must ship sustainable options. For extra data, please go to orioncarbons.com.

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Contacts

William Foreman
Director of Company Communications and Authorities Affairs
Orion Engineered Carbons
Direct: +1 832-445-3305
Cell: +1 281-889-7833
[email protected]

Wendy Wilson
Head of Investor Relations
Orion Engineered Carbons
Direct: +1 281-974-0155
[email protected]