Orion Engineered Carbons To Implement Carbon Dioxide Surcharge In Europe

(RTTNews) - Orion Engineered Carbons (OEC), a supplier of specialty and high-performance carbon black, Monday said that the company is implementing a carbon dioxide (CO2) surcharge on all carbon blacks produced in Europe, to the extent contracts allow, effective January 1, 2022.

The official EU Emission Trading System aims to support the EU climate neutrality target by 2050 and the intermediate target of at least 55 percent net reduction in greenhouse gas emissions by 2030 compared to 1990.

The company said it will introduce a respective surcharge to its customers in order to continue being a reliable, long-term global supplier of high-quality products and services while manufacturing its carbon black products safely and sustainably.