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Carbon Black Company Makes Acquisition

Tuesday, November 6, 2018

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Luxembourg-based global carbon black supplier Orion Engineered Carbons S.A. recently announced that it has acquired an acetylene carbon black supplier.

On Oct. 31, the company closed on a deal in which it acquired Société du Noir d'Acétylène de l'Aubette, SAS (SN2A) from LyondellBasell Industries Holdings B.V. and its French affiliate.

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Luxembourg-based Global carbon black supplier Orion Engineered Carbons S.A. recently announced that it has acquired an acetylene carbon black supplier.

“SN2A brings us a skilled team, proven technology and an operating plant,” said Corning F. Painter, Chief Executive Officer of Orion Engineered Carbons.

“This bolt-on acquisition is a perfect fit with Orion’s focus on Specialty Carbon Blacks. We look forward to welcoming the SN2A team to Orion and bringing Acetylene Black into our portfolio.”

Orion supplies a variety of carbon blacks, including specialty blacks that the company says enhance the performance of polymers, paints and coatings; inks and toners; and adhesives and sealants.

The company says that it hopes the acquisition will broaden its position in a number of “attractive markets.”

The financial terms of the deal were not disclosed.

   

Tagged categories: Acquisitions; Business matters; Pigments

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