None
DE
Orion Q2 Earnings Call Highlights
['Logan Wallace']
Ticker Report
Orion generated $2 million in free cash flow in the second quarter, supported by $27 million of operating cash flow and lower capital expenditures.
He also said that some benefits from pricing timing in the second quarter may not continue into the third quarter.
Orion said Chinese tire imports into the European Union had dropped 75% from their earlier peak when the duties were initially expected.
Painter said Orion remains on track to achieve $20 million in annualized gross benefits from cost measures spanning headcount, procurement and efficiency programs.
About Orion (NYSE:OEC)Orion Engineered Carbons SA, operating as Orion (NYSE: OEC), is a global producer of carbon black, a critical performance additive used to enhance the strength, durability and conductivity of various materials.