Orion rides high on tire-market growth, Chinese regs

Luxembourg – Orion Engineered Carbons SA has reported a 20.1% year-on-year rise in rubber black revenue at $249 million in the second quarter.

Group earnings, meanwhile, grew 38.4% to $36 million in the second three months of the year, the company’s figures issued 2 Aug show.

The gains were linked to growth in rubber-grade sales, pass-through of higher feedstock costs to customers with index-pricing agreements, positive exchange rate effects, increased sales volumes and base price improvements.

“Healthy demand for rubber blacks has kept our plants operating at a…

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