On March 20, Orion Engineered Carbons announced that it will expand production capacity at its facility in Ravenna, Italy, with the construction of a new specialty Carbon Black line. The line will provide additional Specialty Carbon Blacks to supply the growing coatings, polymers, printing and specialty applications markets.
Jack Clem, Orion’s Chief Executive Officer, said in a press release, “After extensive review and analysis of opportunities, in addition to the ongoing conversion of existing rubber capacity to specialty, we are adding a new line to take advantage of the strong demand for Specialty Carbon Blacks and extend our successful penetration of the specialty segment. This investment continues Orion’s rapid realignment of our portfolio toward higher value added products.”
The new line is expected to begin production in the fourth quarter 2019. The company did not release capacity for the new line.
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