When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
OEC - Buy Orion Engineered Carbons On A Cyclical Rebound
Orion Engineered Carbons S.A
Overview
Orion Engineered Carbons (OEC) is an $850 million company that produces carbon black. On the commodity side of the business, carbon black is primarily used to strengthen tires. The more lucrative specialty area is used as a pigment in coatings, fibers and inks.
The specialty grades are about 34% of total sales and about 54% of earnings before interest, taxes, depreciation, and amortization. The commodity grades are 66% of total sales and 54% of EBITDA. Clearly, the specialty part of the business is the more exciting area.