{"id":401359,"date":"2020-12-16T16:33:12","date_gmt":"2020-12-16T21:33:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=401359"},"modified":"2020-12-16T16:33:12","modified_gmt":"2020-12-16T21:33:12","slug":"orion-engineered-carbons-completes-state-of-the-art-cogeneration-unit-at-qingdao-china-facility","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/orion-engineered-carbons-completes-state-of-the-art-cogeneration-unit-at-qingdao-china-facility\/","title":{"rendered":"Orion Engineered Carbons Completes State-of-the-Art Cogeneration Unit at Qingdao, China Facility"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p>\nOrion Engineered Carbons Completes State-of-the-Art Cogeneration Unit at Qingdao, China Facility\n<\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nOrion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance carbon black, today announced that it has completed a multi-year upgrade to its Qingdao, China facility. A new, state-of-the-art, cogeneration unit was installed, which boosts the site\u2019s sustainability by recovering more energy from the facility.\n<\/p>\n<p>\n\u201cThis is an example of what is good for the environment can be good business too. Similar to the recent cogeneration unit upgrade at our Borger, Texas facility, this installation is an example of sustainability in action. It deepens our ties with the community by supplying power and heat to the local district. We will continue to focus on \u201cwin-win\u201d capital investments and strive to be a positive force in driving long-term sustainability,\u201d said Corning Painter, chief executive officer of Orion Engineered Carbons.\n<\/p>\n<p>\nThis new cogeneration unit also greatly improves reliability at the Qingdao facility. In addition to electricity generation, the unit will recover enough energy to provide heating to up to 5,000 homes in the district.\n<\/p>\n<p>\nAbout Orion Engineered Carbons\n<\/p>\n<p>\nOrion is a worldwide supplier of carbon black. We produce a broad range of carbon blacks that include high-performance specialty gas blacks, acetylene blacks, furnace blacks, lamp blacks, thermal blacks and other carbon blacks that tint, colorize and enhance the performance of polymers, plastics, paints and coatings, inks and toners, textile fibers, adhesives and sealants, tires, and mechanical rubber goods such as automotive belts and hoses. Orion operates 14 global production sites and has approximately 1,425 employees worldwide. For more information, please visit our website <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.orioncarbons.com&amp;esheet=52349977&amp;newsitemid=20201216005923&amp;lan=en-US&amp;anchor=www.orioncarbons.com&amp;index=1&amp;md5=00140591f276a7c8a117a9d05ff6127f\">www.orioncarbons.com<\/a>.\n<\/p>\n<p>\nForward-Looking Statements\n<\/p>\n<p>\nThis document contains certain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements of future expectations that are based on current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement. New risk factors and uncertainties emerge from time to time and it is not possible to predict all risk factors and uncertainties, nor can we assess the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information, other than as required by applicable law.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201216005923r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201216005923\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201216005923\/en\/<\/a><\/span><\/p>\n<p>\nOrion Engineered Carbons S.A.<br \/>\n<br \/>Investor Relations<br \/>\n<br \/>Wendy Wilson, +1 281-974-0155<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Investor-Relations@orioncarbons.com\">Investor-Relations@orioncarbons.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas China United States North America Asia Pacific<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Packaging Chemicals\/Plastics Automotive General Automotive Automotive Manufacturing Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201216005923\/en\/426974\/3\/OrionEC_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Orion Engineered Carbons Completes State-of-the-Art Cogeneration Unit at Qingdao, China Facility HOUSTON&#8211;(BUSINESS WIRE)&#8211; Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance carbon black, today announced that it has completed a multi-year upgrade to its Qingdao, China facility. A new, state-of-the-art, cogeneration unit was installed, which boosts the site\u2019s sustainability by recovering more energy from the facility. \u201cThis is an example of what is good for the environment can be good business too. Similar to the recent cogeneration unit upgrade at our Borger, Texas facility, this installation is an example of sustainability in action. It deepens our ties with the community by supplying power and heat to the local district. We will continue to focus on &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/orion-engineered-carbons-completes-state-of-the-art-cogeneration-unit-at-qingdao-china-facility\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Orion Engineered Carbons Completes State-of-the-Art Cogeneration Unit at Qingdao, China Facility&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-401359","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Orion Engineered Carbons Completes State-of-the-Art Cogeneration Unit at Qingdao, China Facility - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/orion-engineered-carbons-completes-state-of-the-art-cogeneration-unit-at-qingdao-china-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orion Engineered Carbons Completes State-of-the-Art Cogeneration Unit at Qingdao, China Facility - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Orion Engineered Carbons Completes State-of-the-Art Cogeneration Unit at Qingdao, China Facility HOUSTON&#8211;(BUSINESS WIRE)&#8211; Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance carbon black, today announced that it has completed a multi-year upgrade to its Qingdao, China facility. A new, state-of-the-art, cogeneration unit was installed, which boosts the site\u2019s sustainability by recovering more energy from the facility. \u201cThis is an example of what is good for the environment can be good business too. Similar to the recent cogeneration unit upgrade at our Borger, Texas facility, this installation is an example of sustainability in action. It deepens our ties with the community by supplying power and heat to the local district. 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