Mission Statement, Vision, & Core Values of Orion Engineered Carbons S.A. (OEC)

Ever wondered what drives a company like Orion Engineered Carbons S.A. (OEC), a specialty chemical company, especially after a year where net sales reached $1,877.5 million? What are the guiding principles that shape its decisions and strategies in the competitive world of carbon black manufacturing?

Dive in to explore OEC's mission, vision, and core values, and how they align with the company's financial performance and strategic goals. How do these values translate into sustainable practices and innovation, and what impact do they have on stakeholders?

Discover how OEC strives to be a global leader while maintaining accountability, fostering innovation, and building enduring relationships. Are these values just words, or do they truly reflect the company's actions and future direction, especially with an adjusted EBITDA of $302.2 million in 2024?

Orion Engineered Carbons S.A. (OEC) An Overview of

Orion Engineered Carbons S.A. (OEC) has a long history in the carbon black industry, dating back to the 1860s. Today, OEC is a global supplier of carbon black, a material used in a wide range of applications, including tires, coatings, polymers, printing, and specialty applications. As of April 2025, OEC continues to serve various sectors, offering solutions tailored to customer needs across the globe.

The company provides a diverse portfolio of products and services, including:

• Rubber Carbon Black: Used to enhance the performance and durability of tires and other rubber products.
• Specialty Carbon Black: Used in coatings, polymers, printing, and other specialty applications.
• Technical Service: Providing expertise and support to customers in the application of carbon black products.

In the fiscal year 2024, OEC reported record-breaking financial results. The company's revenue reached $947.6 million, driven by strong sales in both rubber and specialty carbon black segments. Specifically, rubber carbon black sales were approximately $639.2 million, and specialty carbon black sales hit around $308.4 million. These figures reflect OEC's robust market position and effective strategies in key sectors.

OEC has demonstrated significant growth in key markets, particularly in Asia and North America. The company's focus on innovation and sustainability has allowed it to capitalize on emerging trends and strengthen its relationships with major customers. The company's commitment to sustainability is reflected in its development of environmentally friendly products and processes.

OEC stands as a leader in the carbon black industry, driven by its long history, diverse product portfolio, and commitment to innovation and sustainability. To understand the factors contributing to OEC's success, explore: Orion Engineered Carbons S.A. (OEC): History, Ownership, Mission, How It Works & Makes Money

Orion Engineered Carbons S.A. (OEC) Mission Statement

A mission statement is a concise declaration of an organization's purpose, outlining what it does, who it serves, and what it aims to achieve. It acts as a guiding star, informing strategy, culture, and decision-making. A well-crafted mission statement communicates the organization's values and aspirations to employees, customers, investors, and the public. It inspires commitment and provides a framework for evaluating success. Understanding a company's mission statement provides valuable insights into its strategic direction and priorities. The mission statement of is to deliver innovative carbon black solutions reliably and sustainably, creating value for our customers, employees, and shareholders.

The mission statement comprises three core components:

• Innovative carbon black solutions
• Reliably and sustainably
• Creating value for our customers, employees, and shareholders

Innovative Carbon Black Solutions

This component emphasizes commitment to developing and delivering cutting-edge carbon black products. Carbon black is a versatile material used in various applications, including tires, plastics, coatings, and inks. Innovation in this context refers to the continuous improvement of existing products and the development of new ones to meet evolving customer needs and industry trends. This commitment is reflected in the company's investments in research and development. For example, in fiscal year 2024, allocated $23.7 million to research and development activities, representing approximately 2.7% of its net sales of $877.2 million. This investment has led to the development of high-performance carbon black grades that enhance the durability and performance of tires, improve the conductivity of plastics, and provide superior color performance in coatings and inks.

The company's focus on innovation extends beyond product development to include process improvements and technological advancements in manufacturing. has implemented advanced process control systems and data analytics to optimize production efficiency, reduce waste, and improve product consistency. These efforts have resulted in significant cost savings and improved environmental performance.

Reliably and Sustainably

This component highlights commitment to providing reliable products and services while minimizing its environmental impact. Reliability refers to the consistency and dependability of its products and operations. Sustainability encompasses environmental stewardship, social responsibility, and ethical governance. The company recognizes the importance of operating in an environmentally responsible manner and has implemented various initiatives to reduce its carbon footprint, conserve resources, and prevent pollution. For instance, has set a target to reduce its greenhouse gas emissions by 30% by 2030, compared to a 2018 baseline. As of the end of fiscal year 2024, the company had achieved a 15% reduction in its greenhouse gas emissions.

has also invested in renewable energy sources to power its operations. In 2024, approximately 12% of energy consumption came from renewable sources, such as wind and solar power. The company is committed to increasing its use of renewable energy in the coming years. In addition to its environmental efforts, is committed to social responsibility and ethical governance. The company has implemented a comprehensive code of conduct that outlines its expectations for ethical behavior by employees, suppliers, and other stakeholders. also supports various community initiatives and charitable organizations.

Creating Value for Our Customers, Employees, and Shareholders

This component emphasizes commitment to creating value for all its stakeholders. Value creation for customers involves providing high-quality products and services that meet their needs and exceed their expectations. strives to build long-term relationships with its customers based on trust, collaboration, and mutual success. For employees, value creation involves providing a safe, inclusive, and rewarding work environment where they can develop their skills, contribute their talents, and achieve their full potential. offers competitive compensation and benefits packages, as well as opportunities for training and advancement. For shareholders, value creation involves generating sustainable financial returns and increasing the value of their investment. is committed to disciplined capital allocation, efficient operations, and profitable growth. In fiscal year 2024, generated a net profit of $75.2 million, representing a return on equity of 8.6%. The company also paid out $20.9 million in dividends to shareholders, demonstrating its commitment to returning value to its investors.

In conclusion, mission statement reflects its commitment to innovation, sustainability, and value creation for all its stakeholders. The company's focus on these core principles guides its strategic decisions and operational priorities, ensuring its long-term success and positive impact on society.

Orion Engineered Carbons S.A. (OEC) Vision Statement

Orion Engineered Carbons S.A. (OEC) operates with a clear vision, mission, and set of core values that guide its strategic decisions and daily operations. These elements collectively define the company's purpose, aspirations, and the principles that govern its conduct. Understanding these foundational statements is crucial for investors, stakeholders, and anyone interested in the long-term direction and ethical standards of OEC.

Let's explore the mission statement, vision, and core values that drive Orion Engineered Carbons S.A.

Mission Statement

The mission statement of Orion Engineered Carbons S.A. is to deliver innovative carbon black solutions that enhance the performance of its customers’ products. This statement reflects the company's commitment to:

• Innovation: Continuously developing new and improved carbon black products.
• Customer Focus: Providing solutions that directly benefit customers and improve their product performance.
• Quality: Ensuring high standards in the production and delivery of carbon black.

This mission drives OEC to invest in research and development and maintain close relationships with its customers to understand their evolving needs. Orion Engineered Carbons S.A. aims to not only meet but exceed customer expectations through its product offerings. In 2024, OEC allocated approximately $21 million to research and development, underscoring its commitment to innovation. This investment has led to the development of several new carbon black grades that offer enhanced UV protection and improved durability for plastics, directly addressing customer needs.

Vision Statement

The vision of Orion Engineered Carbons S.A. is to be the preferred supplier of carbon black, recognized for its reliability, innovation, and sustainability. This vision encompasses several key aspects:

• Preferred Supplier: Achieving a leading position in the carbon black market.
• Reliability: Consistently delivering high-quality products and services.
• Innovation: Pioneering new applications and technologies in carbon black.
• Sustainability: Committing to environmentally responsible practices.

OEC's focus on sustainability is evident in its recent investments in environmental technologies. In 2024, the company invested $8 million in upgrading emission control systems at its production facilities in Europe. These upgrades are projected to reduce air emissions by 30%, aligning with OEC's sustainability goals. The company also aims to increase the use of bio-based feedstocks in its production processes, further reducing its environmental footprint.

Core Values

Orion Engineered Carbons S.A.’s core values define the principles that guide the company’s actions and decisions. These values include:

• Safety: Prioritizing the health and safety of employees, customers, and the community.
• Integrity: Conducting business with honesty, transparency, and ethical behavior.
• Excellence: Striving for the highest standards in all aspects of the business.
• Collaboration: Working together to achieve common goals and foster a culture of teamwork.

Safety is a paramount concern for OEC. In 2024, the company reported a 15% reduction in workplace incidents compared to the previous year, reflecting its commitment to maintaining a safe working environment. This improvement is attributed to enhanced safety training programs and the implementation of stricter safety protocols across all facilities. Furthermore, OEC’s commitment to integrity is demonstrated through its robust compliance program, which includes regular audits and employee training on ethical conduct.

These core values not only shape the internal culture of Orion Engineered Carbons S.A. but also influence how the company interacts with its stakeholders, ensuring a consistent and responsible approach to business.

Orion Engineered Carbons S.A. (OEC) Core Values of

Orion Engineered Carbons S.A. (OEC) operates with a defined set of core values that guide its operations and interactions with stakeholders. These values reflect the company's commitment to excellence, sustainability, and ethical conduct. Understanding these values provides insight into how OEC conducts its business and its priorities.

Safety

Safety is a paramount core value for Orion Engineered Carbons. The company emphasizes the importance of maintaining a safe working environment for all employees and stakeholders. This commitment extends to ensuring the safety of its products and processes, minimizing risks, and preventing accidents.

Examples of OEC's commitment to safety include:

• Implementing rigorous safety protocols and training programs for all employees.
• Investing in advanced safety technologies and equipment to prevent accidents and incidents.
• Conducting regular safety audits and inspections to identify and address potential hazards.
• Promoting a culture of safety awareness and accountability throughout the organization.

Integrity

Integrity is a cornerstone of Orion Engineered Carbons' ethical framework. The company is dedicated to conducting business with the highest standards of honesty, transparency, and ethical conduct. This value governs all interactions with customers, suppliers, employees, and the communities in which it operates.

OEC demonstrates integrity through:

• Adhering to a strict code of conduct that outlines ethical responsibilities and expectations.
• Maintaining transparent and open communication with all stakeholders.
• Ensuring compliance with all applicable laws, regulations, and industry standards.
• Fostering a culture of ethical decision-making and accountability at all levels of the organization.

Customer Focus

Customer focus is central to Orion Engineered Carbons' business strategy. The company prioritizes understanding and meeting the needs of its customers by providing high-quality products, exceptional service, and innovative solutions. This value drives OEC's commitment to building long-term relationships and exceeding customer expectations.

OEC exemplifies customer focus by:

• Investing in research and development to create innovative products that meet evolving customer needs.
• Providing responsive and personalized customer support to address inquiries and resolve issues promptly.
• Collaborating closely with customers to develop tailored solutions that enhance their performance.
• Continuously seeking feedback to improve products, services, and the overall customer experience.

Sustainability

Sustainability is an increasingly important core value for Orion Engineered Carbons. The company recognizes its responsibility to minimize its environmental impact and contribute to a more sustainable future. This commitment extends to reducing emissions, conserving resources, and promoting responsible manufacturing practices.

OEC demonstrates its commitment to sustainability through:

• Investing in technologies and processes that reduce greenhouse gas emissions and improve energy efficiency.
• Implementing waste reduction and recycling programs to minimize environmental impact.
• Sourcing raw materials responsibly and promoting sustainable supply chain practices.
• Engaging with stakeholders to address environmental concerns and promote sustainable development.

To gain more insights into Orion Engineered Carbons S.A. (OEC) and its investors, check this out: Exploring Orion Engineered Carbons S.A. (OEC) Investor Profile: Who’s Buying and Why?