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OEC has been in the news 375% more than usual

Jan 16, 2025, 5:31 AM
-5.83%
What does OEC do
Orion SA produces and supplies specialty and rubber carbon black, with over 280 and 80 grades, respectively. As of December 31, 2016, it operated 13 global production facilities and three sales companies.
OEC has been in the news recently: Orion Group has partnered with Diamondback Plumbing to improve its service capabilities in the Phoenix area and support growth within the Astra network. Additionally, Orion S.A. projects a decrease in 2024 adjusted EBITDA to below $305-$315 million, influenced by foreign exchange impacts and a planned 6% workforce reduction for cost savings.
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