Pricing helps Orion offset lower volumes

Luxembourg – Orion Engineered Carbons SA has reported growth in 2017 fourth quarter earnings in its rubber carbon black business.

In a 22 Feb statement, the supplier said rubber black volumes fell 4.9% to 210.3 kilotonnes in the final quarter, compared to the same period of the previous year.

However, sales were up 5.7% at €190.5 million, while earnings (adjusted EBITDA) rose 12% to €28.4 million for the period.

Orion attributed the volume drop to the closure of standard grade rubber capacity “in France and the US” as…

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