{"id":725546,"date":"2023-01-24T16:52:08","date_gmt":"2023-01-24T21:52:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/orion-sharply-reduces-air-emissions-with-new-technology-at-borger-texas-plant\/"},"modified":"2023-01-24T16:52:08","modified_gmt":"2023-01-24T21:52:08","slug":"orion-sharply-reduces-air-emissions-with-new-technology-at-borger-texas-plant","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/orion-sharply-reduces-air-emissions-with-new-technology-at-borger-texas-plant\/","title":{"rendered":"Orion Sharply Reduces Air Emissions with New Technology at Borger, Texas, Plant"},"content":{"rendered":"

<\/p>\n

Orion Sharply Reduces Air Emissions with New Technology at Borger, Texas, Plant<\/b><\/p>\n

HOUSTON–(BUSINESS WIRE<\/a>)–Orion Engineered Carbons<\/a> (NYSE: OEC), a global specialty chemicals company, said today it will sharply reduce air emissions at its Borger, Texas, plant with new control technology.\n<\/p>\n

\nThe $60 million project also involved upgrading the site\u2019s cogeneration system, which takes heat created by the carbon black production process and converts it to electricity that can be used by the plant. The electricity is also sold back to the power grid. Such energy conservation equipment is used by many Orion plants worldwide.\n<\/p>\n

\n\u201cInvesting in emissions control technology and generating more clean energy are key to our commitment to sustainability,\u201d Orion CEO Corning Painter said. \u201cI want to commend our engineers, the Borger team and our contractors for the timely completion of this complex project despite the Covid-19 pandemic and supply chain disruptions.\u201d\n<\/p>\n

\nThe new emissions technology will lead to a major improvement in air quality, eliminating 23 tons of nitrogen oxide and sulfur dioxide emissions per day \u2013 a 90 percent reduction. The Borger plant produces carbon black for rubber and specialty clients.\n<\/p>\n

\nOrion also recently upgraded its emissions control technology at facilities in Ivanhoe, Louisiana and Orange, Texas. Later this year, Orion plans to finish its final U.S. emissions project at its site in Belpre, Ohio.\n<\/p>\n

\n\u201cWe are proud that we\u2019ve upgraded these plants, but it was an extremely demanding undertaking,\u201d Painter said. \u201cAs we complete the Belpre project, Orion will have significantly more free cash flow to invest in growth projects. 2023 marks a new era for the company.\u201d\n<\/p>\n

\nUpgrading the Borger plant supports Orion\u2019s efforts to achieve the targets in its sustainability-linked term loan<\/a>. Last year, Orion was one of the first public companies to take out such a loan, which has interest rates that go up or down depending on whether a company meets specific environmental, social and governance goals.\n<\/p>\n

About Orion Engineered Carbons<\/b><\/p>\n

\nOrion Engineered Carbons (NYSE: OEC) is a leading global supplier of carbon black, a solid form of carbon produced as powder or pellets. The material is made to customers\u2019 exacting specifications for tires, coatings, ink, batteries, plastics and numerous other specialty, high-performance applications. Carbon black is used to tint, colorize, provide reinforcement, conduct electricity, increase durability, and add UV protection. Orion has innovation centers on three continents and 14 plants worldwide, offering the most diverse variety of production processes in the industry. The company\u2019s corporate lineage goes back more than 160 years to Germany, where it operates the world\u2019s longest-running carbon black plant. Orion is a leading innovator, applying a deep understanding of customers\u2019 needs to deliver sustainable solutions. For more information, please visit orioncarbons.com<\/a>.\n<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\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>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230124005878\/en\/<\/a><\/span><\/p>\n

\nWilliam Foreman
\n
Director of Corporate Communications and Government Affairs
\n
Orion Engineered Carbons
\n
Direct: +1 832-445-3305
\n
Mobile: +1 281-889-7833
\n
william.foreman@orioncarbons.com<\/a><\/p>\n

\nWendy Wilson
\n
Head of Investor Relations
\n
Orion Engineered Carbons
\n
Direct: +1 281-974-0155
\n
wendy.wilson@orioncarbons.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Texas<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Philanthropy Environmental, Social and Governance (ESG) Chemicals\/Plastics Environment Manufacturing Other Philanthropy<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Orion Sharply Reduces Air Emissions with New Technology at Borger, Texas, Plant HOUSTON–(BUSINESS WIRE)–Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, said today it will sharply reduce air emissions at its Borger, Texas, plant with new control technology. The $60 million project also involved upgrading the site\u2019s cogeneration system, which takes heat created by the carbon black production process and converts it to electricity that can be used by the plant. The electricity is also sold back to the power grid. Such energy conservation equipment is used by many Orion plants worldwide. \u201cInvesting in emissions control technology and generating more clean energy are key to our commitment to sustainability,\u201d Orion CEO Corning Painter said. \u201cI want to commend … <\/p>\n

Continue reading “Orion Sharply Reduces Air Emissions with New Technology at Borger, Texas, Plant”<\/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-725546","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nOrion Sharply Reduces Air Emissions with New Technology at Borger, Texas, Plant - 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-sharply-reduces-air-emissions-with-new-technology-at-borger-texas-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orion Sharply Reduces Air Emissions with New Technology at Borger, Texas, Plant - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Orion Sharply Reduces Air Emissions with New Technology at Borger, Texas, Plant HOUSTON–(BUSINESS WIRE)–Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, said today it will sharply reduce air emissions at its Borger, Texas, plant with new control technology. The $60 million project also involved upgrading the site\u2019s cogeneration system, which takes heat created by the carbon black production process and converts it to electricity that can be used by the plant. The electricity is also sold back to the power grid. Such energy conservation equipment is used by many Orion plants worldwide. \u201cInvesting in emissions control technology and generating more clean energy are key to our commitment to sustainability,\u201d Orion CEO Corning Painter said. \u201cI want to commend … Continue reading "Orion Sharply Reduces Air Emissions with New Technology at Borger, Texas, Plant"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/orion-sharply-reduces-air-emissions-with-new-technology-at-borger-texas-plant\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-24T21:52:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230124005878r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orion-sharply-reduces-air-emissions-with-new-technology-at-borger-texas-plant\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orion-sharply-reduces-air-emissions-with-new-technology-at-borger-texas-plant\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Orion Sharply Reduces Air Emissions with New Technology at Borger, Texas, Plant\",\"datePublished\":\"2023-01-24T21:52:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orion-sharply-reduces-air-emissions-with-new-technology-at-borger-texas-plant\\\/\"},\"wordCount\":699,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orion-sharply-reduces-air-emissions-with-new-technology-at-borger-texas-plant\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230124005878r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orion-sharply-reduces-air-emissions-with-new-technology-at-borger-texas-plant\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orion-sharply-reduces-air-emissions-with-new-technology-at-borger-texas-plant\\\/\",\"name\":\"Orion Sharply Reduces Air Emissions with New Technology at Borger, Texas, Plant - 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