Orion Engineered Carbons Opens New Production Line in Italy
- By TT News
- March 07, 2022
Orion Engineered Carbons, a specialty chemical company, started commercial sales in Italy from the first new reactor for carbon black production to be commissioned in the European Union in over 40 years.
The new 25-kiloton line at the facility in Ravenna, in the northern region of Emilia-Romagna, produces both specialty and technical rubber carbon blacks, primarily for the European market, the company said in a release.
Corning Painter, CEO, Orion, said, “The new line offers customers seeking long-term solutions a unique strategic opportunity to align with a dependable plant that has been operating for more than 60 years in Europe.”
Additional investments at the plant include a new co-generation facility to convert waste heat into electricity, generating up to 120 MWh of electricity per year. Seventy percent of the electricity is supplied to the national grid, serving about 30,000 households. Orion is a net exporter of electricity in Europe and worldwide. (TT)
Kraton Corporation Announces Price Hike For Polymer Products
- By TT News
- March 17, 2026
Kraton Corporation, a leading global producer of speciality polymers and high-value bio-based chemicals derived from pine wood pulping co-products, a global price increase for all polymer products with effect from 1 April 2026. The price hike will range from USD 440 per MT to USD 700 per MT, or as individual contract terms permit, with the exact price change varying according to the polymer type and production location.
The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.
LANXESS Announces Price Hike For Rubber Additives
- By TT News
- March 16, 2026
German specialty chemicals company LANXESS has announced a global price increase for its portfolio of functional additives for the manufacture of tyres and speciality rubbers. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by 15 to 50 percent.
The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing geopolitical conflict, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.
Orion S.A. Announces Price Hike For Speciality Carbon Black
- By TT News
- March 14, 2026
Orion S.A., a global speciality chemicals company, has announced a global price increase for its portfolio of speciality carbon black. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by up to 25 percent.
In a strategic move to address persistent market volatility, the company is also implementing a variable surcharge on top of the base price increase. The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.
WACKER Announces Price Hike For Polymers Product Range
- By TT News
- March 14, 2026
German chemical group WACKER has announced a price hike across its global polymers portfolio, responding directly to significant upheavals in international commodity markets triggered by the recent military conflict in the Middle East. This geopolitical instability has created pronounced distortions throughout the supply chain, leading to a sharp escalation in the costs of essential inputs. The company is experiencing substantially higher prices for crude oil and natural gas as well as for various other raw materials and logistics services.
To address this challenging economic landscape and offset the considerable burden of increased raw material and transportation expenses, the chemical group is implementing price adjustments effective 1 April 2026. The updated pricing will apply to several key product categories, specifically including polymer dispersions, a variety of resins and dispersible polymer powders. This strategic move is essential for the company to maintain operational stability and continue delivering its products reliably amidst the volatile market conditions.
The final scale of these price increases is not a fixed, across-the-board figure but will be determined by specific variables. It will largely depend on the original source of the product, with goods manufactured at the company’s European and Asian production sites being most affected. Furthermore, the terms outlined in existing customer contracts will also play a crucial role in defining the exact extent of the adjustment, ensuring a tailored approach to the implementation of this necessary price correction.

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