Orion Engineered Carbons S.A. a worldwide supplier of carbon black, will expand its production capacity at its facility in Ravenna, Italy.
The company plans to construct a new specialty Carbon Black line that will provide additional Specialty Carbon Blacks to supply the growing coatings, polymers, printing and specialty applications markets.
“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,” said Jack Clem, Orion’s Chief Executive Officer. “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.