Orion Engineered Carbons updates names of subsidiaries, acquires full ownership of South African pla

Orion Engineered Carbons was formed in last year from the former Evonik Carbon Black business of Evonik Industries. The new name was established upon completion of the transaction in August 2011.

As part of the new naming process, Orion Engineered Carbons also has renamed its subsidiaries, as follows: * Orion Engineered Carbons GmbH (Germany) * Orion Engineered Carbons S.r.l. (Italy) * Orion Engineered Carbons S.A.S. (France) * Carbogal Engineered Carbons S.A. (Portugal) * Orion Engineered Carbons LLC (USA) * Orion Engineered Carbons Ltd. (Korea) * Orion Engineered Carbons sp z o.o. (Poland) * Norcarb Engineered Carbons AB (Sweden) * Orion Engineered Carbons Ltda. (Brazil) * Orion Engineered Carbons Proprietary Limited (South Africa)

Additionally, the plant in South Africa is now owned 100% by Orion; previously it was a 50% subsidiary. Notch understands that the only subsidiary that continues to operate under its previous name is the Chinese joint venture, Qingdao Evonik Chemical Co., Ltd., but this will change in time.