Orion S.A. announced plans to shut down three to five carbon black production lines at multiple facilities in the Americas and EMEA by the end of 2025. The decision is part of the company’s strategy to concentrate maintenance spending on higher-performing assets and improve overall efficiency.

“This decision is part of Orion's strategy to focus maintenance investments on higher-performing production lines – making them more reliable and productive – and to rationalize underperforming assets,” said Corning Painter, Orion CEO. “This move is also intended to enhance free cash flow.”

Painter also cited recent U.S. tariffs, the European Union’s anti-dumping investigation, and tire manufacturing investments in both regions as potential market stabilizers, though he noted recovery timing remains uncertain.

Orion is a global supplier of carbon black for use in coatings, tires, inks, batteries, plastics and other high-performance applications. The company operates 15 plants and four innovation centers worldwide.