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Orion to shut down carbon black plant in Portugal

Orion Engineered Carbons made the following announcement in its third quarter 2013 unaudited financial statements:

Following an intensive review of its European carbon black operations, Orion Engineered Carbons GmbH will cease production at its Sines, Portugal facility by the end of 2013 affecting immediately about 36 of the 40 positions at the plant. This shutdown will take place while investments continue to be made in the company’s other carbon black plants.
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