Orion S.A. Earns Platinum Sustainability Rating by EcoVadis

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Today's Date: May 4, 2024

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Orion S.A. Earns Platinum Sustainability Rating by EcoVadis

HOUSTON , April 24 /Businesswire/ - Orion S.A. (NYSE: OEC), a global specialty chemical company, announced today its 2024 sustainability rating from EcoVadis has been raised from Gold to Platinum, the highest possible distinction.

Orion now ranks among the top 1% of the companies assessed by EcoVadis, one of the world’s largest providers of business sustainability ratings. The organization revised Orion’s score from 78% to 82% after reassessing the company’s 2023 performance.

“Achieving the Platinum rating is a huge milestone for Orion considering that just three years ago we were at the Silver level. I want to congratulate our global team for their commitment and dedication,” said Orion CEO Corning Painter. “The assessment methodology is complex and involves numerous factors. We appreciate the rigor and dedication to accuracy that EcoVadis brings to the assessment process.”

About Orion S.A.

Orion S.A. 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 durability and add UV protection. Orion has innovation centers on three continents and 15 plants worldwide, offering the most diverse variety of production processes in the industry. The company’s corporate lineage goes back more than 160 years to Germany, where it operates the world’s longest-running carbon black plant. Orion is a leading innovator, applying a deep understanding of customers’ needs to deliver sustainable solutions. For more information, please visit orioncarbons.com.

Forward-Looking Statements

This document contains certain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements of future expectations that are based on current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement. New risk factors and uncertainties emerge from time to time and it is not possible to predict all risk factors and uncertainties, nor can we assess the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information, other than as required by applicable law.