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09.06.25 - 13:03
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Stepan Company Announces Appointment of New Director (PR Newswire)
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NORTHBROOK, Ill., June 9, 2025 /PRNewswire/ -- Stepan Company (NYSE: SCL) announced today the appointment of Corning Painter as a Director of Stepan, effective immediately. Mr. Painter currently serves as Chief Executive Officer of Orion S.A., a global chemical manufacturer, a role he has......
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07.05.25 - 22:36
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Orion S.A. Reports First Quarter 2025 Financial Results (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced financial results for the period ended March 31, 2025 as follows:
First Quarter 2025 Highlights
Net sales of $477.7 million, down $25.2 million year over year
Net income of $9.1 million, down $17.6 million year over year
Diluted EPS of $0.16, down $0.29 year over year
Adjusted EBITDA1 of $66.2 million, down 22% year over year
Adjusted Diluted EPS1 of $0.22, down $0.30 year over year
1 The reconciliations of Non-U.S. GAAP (“GAAP”) measures to the respective most comparable GAAP measures are provided in the section titled Reconciliation of Non-GAAP Financial Measures below.
“First quarter results were affected by costs from unplanned plant downtime, as well as timing items including raw material pass-throughs. Collectively, these factors masked an otherwise much stronger underlying business performance. The normalization of timing items coupled with ongoing operational improvements set up for a sequentially...
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24.04.25 - 22:36
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Orion S.A. Declares Interim Quarterly Dividend (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, today announced that its Board of Directors has declared an interim dividend to be paid in the third quarter of 2025 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.2 million based on the number of common shares currently outstanding.
The interim dividend will be paid on July 2, 2025, to holders of record as of the close of business in New York on June 11, 2025. Luxembourg withholding tax at a rate of 15% will be deducted from each interim dividend, subject to exemptions and reductions in certain circumstances.
About Orion S.A.
Orion S.A. (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' exacting specifications for tires, coatings, ink, batteries, plastics and numerous other specialty, high-performance applications. Carbon black is used to tint, colorize, provide ...
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15.04.25 - 22:33
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Orion S.A. Announces First Quarter 2025 Earnings Release Date and Conference Call Information (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that the company will release its first quarter 2025 results after the market closes on Wednesday, May 7, 2025, to be followed by a conference call on Thursday, May 8, 2025, at 8:30 a.m. (ET).
The dial-in details for the live conference call are as follow:
U.S. Toll Free:
1-800-245-3047
International:
1-203-518-9765
A conference call replay may be accessed at the following numbers through Thursday, May 22, 2025:
U.S. Toll Free:
1-844-512-2921
International:
1-412-317-6671
Conference ID:
11158909
Additionally, a live and archived webcast of the conference call will be available in the investor relations section of the company's website at orioncarbons.com.
About Orion S.A.
Orion S.A. (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' exacting specifications for tires, coatings, ink, batteries, plastics and numerous ...
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27.02.25 - 22:36
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Orion S.A. Announces its 2025 Annual General Meeting Date and Record Date (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, today announced that it will hold its 2025 annual general meeting of shareholders on Thursday, June 26, 2025, at 2:00 pm Central European Time at the company's office, located at 6, Route de Trèves, L-2633 Senningerberg (Municipality of Niederanven), Grand Duchy of Luxembourg. The company also set its record date for the admission of the company's shareholders to its annual general meeting to April 24, 2025, at 11:59 pm Central European Time.
The annual general meeting will be held in person and via live online webcast.
About Orion S.A.
Orion S.A. (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' 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 dur...
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27.02.25 - 22:36
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Orion S.A. Declares Interim Quarterly Dividend (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, today announced that its Board of Directors has declared an interim dividend to be paid in the second quarter of 2025 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.25 million based on the number of common shares currently outstanding.
The interim dividend will be paid on April 4, 2025, to holders of record as of the close of business in New York on March 13, 2025. Luxembourg withholding tax at a rate of 15% will be deducted from each interim dividend, subject to exemptions and reductions in certain circumstances.
About Orion S.A.
Orion S.A. (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' exacting specifications for tires, coatings, ink, batteries, plastics and numerous other specialty, high-performance applications. Carbon black is used to tint, colorize, prov...
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19.02.25 - 22:48
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Orion S.A. Announces Financial Results For The Full Year Ended December 31, 2024 (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced financial results for the fourth quarter and full year of 2024.
Fourth Quarter 2024 Financial Highlights
Net sales of $434.2 million, down $34.0 million, year over year
Net income of $17.2 million, up $12.3 million, year over year.
Diluted EPS of $0.30 up $0.22, year over year.
Adjusted Diluted EPS1 of $0.35, up $0.18, year over year.
Adjusted EBITDA1 of $61.7 million, down $4.9 million, year over year
Full Year 2024 Financial Highlights
Net sales of $1,877.5 million, down $16.4 million, year over year.
Net income of $44.2 million, down $59.3 million, year over year.
Diluted EPS of $0.76 down $0.97, year over year.
Adjusted Diluted EPS1 of $1.76, down $0.16, year over year.
Adjusted EBITDA1 of $302.2 million, down $30.1 million, year over year.
Other Highlights
Rubber profitability maintained, despite soft demand backdrop in our key markets.
Specialty recovery continued in 2024, underscored by 11% year over yea...
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15.01.25 - 22:51
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Orion S.A. Announces Preliminary Full Year 2024 Update (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, today announced a preliminary unaudited financial update for its fiscal year ending December 31, 2024.
Orion now expects 2024 adjusted EBITDA to be nominally below our guidance range of $305-$315 million, due primarily to foreign exchange translation impacts related to the strengthening dollar and one-time costs associated with a cost reduction plan. Weaker than anticipated Rubber segment volumes late in the fourth quarter and slightly less favorable Specialty segment mix were also factors and would have positioned the company at the lower end of guidance, excluding the items noted above. In the fourth quarter, Orion commenced an initiative to reduce its non-plant workforce by ~6% and expects to realize approximately $6 million in annualized cost savings in 2025.
“We believe the Rubber demand softness we experienced late in the year reflects continued pressure on Western tire production resulting from elevated levels...
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