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Stock impact report

Orion S.A. Breaks Ground on Battery Materials Plant in Texas

Orion Engineered Carbons S.A Common Shares (OEC) 
Last orion engineered carbons s.a common shares earnings: 2/20 04:45 pm Check Earnings Report
US:NYSE Investor Relations: investor.orioncarbons.com
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, on Tuesday broke ground on a plant in Texas that will be the only facility in the U.S. producing acetylene-based conductive additives for lithium-ion batteries and other applications vital for the global shift to electrification.The site in the city of La Porte, southeast of Houston, will create many high-skilled jobs – both in construction and technical fields – and bring innovative technology to the American economy. The battery additives produced by Orion’s plant will be super clean, with only one-tenth of the carbon footprint of other commonly used materials.“Orion is already the sole producer of acetylene-based conductive additives in Europe,” Orion CEO Corning Painter said at the groundbreaking ceremony. “Our plant in La Porte will be a pivotal step toward strengthening the regional supply of conductive additives in the rapidly growing U.S. battery market.”Every battery requires conductiv Show less Read more
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