Orion adopts new pricing index for carbon blacks

Houston, Texas – Orion Engineered Carbons SA is adopting the ‘Platts north west Europe 1% sulfur fuel oil index’ (FO 1%S FOB NWE) for contract pricing in Europe, Orion announced 7 June

FO 1%S FOB NWE will replace the ‘1% sulfur Rotterdam fuel oil index’ (FO 1%S FOB ROT) in Europe as of 1 July, according to the carbon black maker.

The current index “is no longer functional, does not trade forward and does not track other 1% indices anymore,” the company explained.

FO 1%S FOB NEW “is…

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