Luxembourg - Orion Engineered Carbons SA is expanding its speciality carbon black capacity in Ravenna, Italy, with the construction of a new production line.
The company announced 20 March that the new line is expected to begin production in the fourth quarter 2019.
The decision is in line with Orion’s previously announced strategy to increase focus on speciality carbon black, which can be used in coatings, polymers, printing and speciality applications markets.
“After extensive review and analysis of opportunities, in addition to the ongoing conversion of existing rubber capacity to speciality, we are adding a new line to take advantage of the strong demand,” said Jack Clem, Orion CEO.
The investment, he noted, was part of Orion’s realignment of its portfolio toward higher value added products.