Orion rubber blacks deliver strong first quarter

Luxembourg –  Orion Engineered Carbons SA has notched up a 36.6% year-on-year increase in earnings (adjusted EBITDA) to €26.7 million at its Rubber Carbon Black business in the first quarter of 2017.

The higher earnings were achieved on revenues of €195.3 million, 30.9% above the level in the first quarter of 2016. The sales increase, said Orion, was mainly due to the pass-through of higher feedstock costs to customers with index-pricing agreements and price increases in certain regions.

Meanwhile, Orion linked the higher earnings to regional price…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with