Orion S.A. (NYSE: OEC) announced that members of its senior management team will attend two upcoming investor conferences in New York next month. The company aims to engage with investors and analysts during these scheduled events.

CEO Corning Painter, Chief Financial Officer Jon Puckett, and Vice President of Investor Relations Chris Kapsch will represent Orion at both conferences. The schedule includes participation in the UBS Global Materials Conference on Wednesday, September 9, 2026, followed by the Jefferies Global Industrials Conference on Thursday, September 10, 2026.

Conference Schedule

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 manufactured 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.

The company operates four innovation centers and produces carbon black at 15 plants worldwide, offering the most diverse variety of production processes in the industry. Orion’s corporate lineage dates back more than 160 years to Germany, where it operates the world’s longest-running carbon black plant.

Orion S.A. (NYSE: OEC) reported second quarter 2026 net sales of $501 million, a 7% improvement from the prior year, driven by 9% higher average year-over-year oil prices and 2% favorable foreign currency translation. These gains were partly offset by 2% lower pricing, 1% reduced volumes, and adverse product mix in the Rubber Carbon Black segment. The specialty chemical company generated a consolidated net income of $2 million and adjusted EBITDA of $58 million, representing a 26% sequential improvement as demand trends strengthened in higher-margin Western regions, offsetting softer conditions in Asia.

Chief Executive Officer Corning Painter stated that the sequential progress reflects the inherent resilience of the business, noting that the Specialty segment delivered 44% higher adjusted EBITDA compared to the first quarter, led by the Europe, Middle East and Africa (EMEA) region. Chief Financial Officer Jon Puckett added that strong execution on working capital initiatives contributed $4 million to cash flow in the quarter, enabling operating cash flow of $27 million and free cash flow of $2 million despite higher feedstock costs.

Segment Performance

The Specialty Carbon Black segment saw net sales increase 17% year over year to $184.8 million, driven by 8% higher pricing mainly due to oil prices, 4% favorable product mix, and 3% benefit from higher volumes. Segment adjusted EBITDA increased 96% from the prior year quarter to $39.0 million, supported by volume improvement in premium grades.

In contrast, the Rubber Carbon Black segment reported net sales of $316.1 million, a 3% year-over-year increase on 5% higher pricing driven by pass-through effects of higher oil prices. However, volumes and customer mix were each lower by 3%. Segment adjusted EBITDA decreased 61% to $19.2 million, primarily due to lower contractual pricing agreements for 2026, unfavorable customer mix, and the impact of an intentional inventory draw.

Cash Flow and Balance Sheet

Orion finished the quarter with net debt of $961 million, resulting in a net debt-to-trailing twelve-month adjusted EBITDA ratio of 4.4x. The company ended with liquidity of $178 million. Capital expenditures for the second quarter were $25 million, $11 million less than the prior quarter. Management remains on track for full year capital expenditures of $90 million and cost saving initiatives delivering a full year benefit of $20 million.

What the Numbers Show

The divergence between the Specialty and Rubber segments highlights Orion’s shifting margin profile. While the Rubber segment’s adjusted EBITDA collapsed by 61% year-over-year due to lower contractual pricing and inventory draws, the Specialty segment nearly doubled its earnings power. This structural shift suggests that despite flat-to-down volume trends in the broader tire market, Orion is successfully leveraging its high-margin premium products in Western regions to stabilize overall profitability, even as net income declined significantly from $9.0 million in the prior year period to $1.8 million in Q2 2026.