Orion rubber segment posts record quarter

Luxembourg – Orion Engineered Carbons SA has seen its rubber segment sales and profits soar in the third quarter of 2018, thanks to higher prices and improved product mix.

In its quarterly statement 1 Nov, the carbon black supplier said its rubber segment had achieved a “record quarterly profit” at $17.9 million, 41.8% up compared to the third quarter of 2017.

These were due to “a continued focus on improving the technical mix of rubber products, and stronger spot pricing supported by a robust market environment,” explained…

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