Orion Engineered Carbons S.A found using ticker (OEC) now have 5 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 32 and 23 and has a mean target at 28. Given that the stocks previous close was at 16.78 this indicates there is a potential upside of 66.9%. The 50 day MA is 16.45 and the 200 day MA is 17.02. The market cap for the company is $1,036m. Company Website: https://www.orioncarbons.com [stock_market_widget type="chart" template="basic" color="green" assets="OEC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,728m based on the market concensus. Orion Engineered Carbons S.A., together with its subsidiaries, manufactures and sells carbon black products in Germany, the United States, South Korea, Brazil, China, South Africa, the rest of Europe, and internationally. It operates in two segments, Specialty Carbon Black and Rubber Carbon Black.
Choice Equities, a hedge fund manager, released its second quarter investor letter recently. You can view it here. In the second quarter, the fund generated a -17.4% net loss leading to a -34.6% year-to-date performance. Interest rate hikes and market sentiments affected the fund’s performance in the quarter. In addition, you can check the top […]
Orion Engineered Carbons S.A with ticker code (OEC) now have 5 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 32 and 23 with the average target price sitting at 28. Now with the previous closing price of 17.21 this now indicates there is a potential upside of 62.7%. The 50 day MA is 16.18 while the 200 day moving average is 17.13. The market capitalisation for the company is $1,078m. Visit the company website at: https://www.orioncarbons.com [stock_market_widget type="chart" template="basic" color="green" assets="OEC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,754m based on the market concensus. Orion Engineered Carbons S.A., together with its subsidiaries, manufactures and sells carbon black products in Germany, the United States, South Korea, Brazil, China, South Africa, the rest of Europe, and internationally. It operates in two segments, Specialty Carbon Black and Rubber Carbon Black.
Pulled from Benzinga Pro data, Orion Engineered Carbons (NYSE: OEC ) showed a loss in earnings since Q1, totaling $29.70 million. Sales, on the other hand, increased by 11.7% to $541.20 million during Q2. Orion Engineered Carbons reached earnings of $32.50 million and sales of $484.50 million in Q1. What Is Return On Invested Capital? Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company''s ROIC. A higher ROIC is generally representative of successful growth of … Full story available on Benzinga.com
The following slide deck was published by Orion Engineered Carbons S.A.
Orion Engineered Carbons S.A. (NYSE:NYSE:OEC) Q2 2022 Earnings Conference Call August 5, 2022 8:30 AM ET Company Participants Wendy Wilson - Head of IR Corning Painter - CEO Jeffrey Glajch…
Orion Engineered Carbons reported Q2 earnings recently. Read more to see my valuation assumptions and why I think demand for the stock will increase.
Orion Engineered Carbons (NYSE: OEC ) is set to give its latest quarterly earnings report on Thursday, 2022-08-04. Here''s what investors need to know before the announcement. Analysts estimate that Orion Engineered Carbons will report an earnings per share (EPS) of $0.62. Orion Engineered Carbons bulls will hope to hear the company to announce they''ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, … Full story available on Benzinga.com
HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a specialty chemicals company, announced today that Chief Executive Officer Corning Painter and Chief Financial Officer Jeff Glajch are scheduled to participate in one-on-one meetings at the Jefferies Industrials Conference in New York on August 9. Mr. Painter will also be presenting at the conference at 9:00 am EDT on August 10. About Orion Engineered Carbons Orion Engineered Carbons (NYSE: OEC) is a leading global supplier of car
HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced that the company will release its second quarter 2022 results after the market closes on Thursday, August 4, 2022, to be followed by a conference call on Friday, August 5, 2022, at 8:30 a.m. (EDT). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the fo
Orion Engineered Carbons (NYSE:OEC) declares $0.0207/share quarterly dividend, in line with previous.Forward yield 0.53%Payable Oct. 4; for shareholders of record Sept. 21; ex-div Sept.
Orion Engineered Carbons (OEC) said Thursday it would raise prices by 20% for all rubber carbon black products manufactured in Europe and the Americas.Changes will be effective for…
Orion Engineered Carbons (OEC) said Tuesday it added €100M to its senior secured revolving credit facility, which expands the facility to €350M."In light of current volatility within…
HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced that it has added 100 million EUR to its senior secured revolving credit facility, which expands the company''s facility to 350 million EUR. “In light of current volatility within the global energy markets, we feel it is prudent to increase our revolving credit facility. We believe this will cover our working capital needs up to an oil price of about $200 per barrel. We want to be proact
Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, has partnered with RISE Research Institutes of Sweden in a project to develop and produce renewable carbon black. This collaboration represents an important step towards more climate-neutral carbon black production by replacing traditional carbon black feedstock with pyrolysis oil
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, has joined the HiQ-CARB consortium to provide the lithium-ion battery industry with sustainable and high-performance carbon additives. Seven leading European industry players, research institutes, and universities are collaborating on the European Union-funded HiQ-CARB project to design and scale up innovative battery materials including Orions high-p
HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced that the company will release its second quarter 2021 results after the market closes on Thursday, August 5, 2021, to be followed by a conference call on Friday, August 6, 2021, at 8:30 a.m. (EDT). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the confer
Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today that effective August 1, 2021, or as permitted by customer cont
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today that effective August 1, 2021, or as permitted by customer contracts, the company is increasing prices on all rubber carbon black products sold in the EMEA region. Due to rising operating, logistics and environmental costs required to maintain service levels, it is necessary to adjust prices for rubber carbon black by an average of 110 p
Orion Engineered Carbons S.A found using ticker (OEC) have now 6 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 32 and 17 with the average target price sitting at 25.5. Given that the stocks previous close was at 19.64 this now indicates there is a potential upside of 29.8%. There is a 50 day moving average of 20.2 and the 200 day MA is 18.54. The market capitalisation for the company is $1,133m. Visit the company website at: /> [stock_market_widget type="chart" symbol="OEC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Orion Engineered Carbons S.A., together with its subsidiaries, produces and sells carbon black products in Germany, the United States, South Korea, Brazil, China, South Africa, the rest of Europe, and internationally. It operates in two segments, Specialty Carbon Black and Rubber Carbon Black. The company offers post-treated specialty carbon black grades for coatings and printing applications; high purity carbon black grades for the fiber industry; and various conductive carbon black grades for polymers, coatings, and battery electrodes.
HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced its agreement with Evonik to settle the arbitration proceedings which Orion (Germany) had commenced against an Evonik Industries AG affiliate in June 2019. The arbitration was launched by Orion to enforce - among others - indemnity claims covering capital expenditures and costs to remedy past violations of the U.S. Clean Air Act alleged b
Upgrades According to JP Morgan, the prior rating for Orion Engineered Carbons SA (NYSE: OEC ) was changed from Neutral to Overweight. Orion Engineered Carbons earned $0.51 in the first quarter, compared to $0.44 in the year-ago quarter. The stock has a 52-week-high of $22.45 and a 52-week-low of $9.67. At the end of the last trading period, Orion Engineered Carbons closed at $18.54. According to Macquarie, the prior rating for Turquoise Hill Resources Ltd (NYSE: TRQ ) was changed from Neutral to Outperform. Turquoise Hill Resources earned $1.18 in the first quarter, compared to $0.22 in the year-ago quarter. The current stock performance of Turquoise Hill Resources shows a 52-week-high of $21.89 and a 52-week-low of $6.62. Moreover, at the end of the last trading period, the closing price was at $16.07. According to DA Davidson, the prior rating for BancorpSouth Bank (NYSE: BXS ) was changed from Neutral to Buy. For the first quarter, BancorpSouth Bank had an EPS of $0.77, compared to year-ago quarter EPS of $0.33.
Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced the commercial launch of ECORAX Nature, a new family of products developed for rubber applications utilizing industrial grade, plant-based oils; a renewable, non-fossil derived feedstock. ECORAX Nature 100 is the first highly reinforcing carbon black grade made from
HOUSTON, Texas--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced the commercial launch of ECORAX® Nature, a new family of products developed for rubber applications utilizing industrial grade, plant-based oils; a renewable, non-fossil derived feedstock. ECORAX® Nature 100 is the first highly reinforcing carbon black grade made from renewable feedstocks which can be used in critical tire tread co
International projects aim to develop new more environmentally friendly materials and production methods for rechargeable lithium batteries. Aalto University researchers are taking part in two new cooperative projects to develop materials and manufacturing methods for lithium batteries for the future. The goal is to improve the efficiency and safety of the batteries, and to reduce the carbon footprint of their manufacture. Rechargeable lithium batteries are a key enabling technology in electric transport, in the storage of renewable energy and in consumer electronics. It is estimated that demand for batteries will grow at the rate of 25 per cent a year, as the EU expects to have 30 million electric cars on its roads by 2030. The batteries use raw materials with a limited supply, and these need to be used as efficiently as possible. It is also important to build a responsible and sustainable battery industry in Europe, says Aalto University Professor Tanja Kallio . NextGenBat project boosts the development of solid-state batteries The NextGenBat-projec t project led by Aalto University is developing materials and manufacturing methods for solid-state lithium batteries.
Dublin, June 11, 2021 (GLOBE NEWSWIRE) -- The "Carbon Black Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com''s offering. The global carbon black market reached a value of US$ 18.2 Billion in 2020. Carbon black is elemental carbon that is produced by partial combustion or decomposition of hydrocarbons such as oil and natural gas under controlled temperature and pressure. It mainly consists of carbon along with small amounts of hydrogen, oxygen, sulfur and nitrogen. Carbon black is most commonly produced by the furnace method that provides high yield and substantial control over the particle structure and size of the output, making it ideal for mass production. It finds wide application across various industries such as automotive and paint. It is also used as a filler and a strengthening agent in tires and several rubber products. The growing automotive industry is one of the key factors driving the market growth.
Orion Engineered Carbons S.A found using ticker (OEC) have now 6 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 30 and 17 with a mean TP of 25. With the stocks previous close at 20.25 this is indicating there is a potential upside of 23.5%. There is a 50 day moving average of 20.17 while the 200 day moving average is 18.11. The market cap for the company is $1,240m. Visit the company website at: /> [stock_market_widget type="chart" symbol="OEC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Orion Engineered Carbons S.A., together with its subsidiaries, produces and sells carbon black products in Germany, the United States, South Korea, Brazil, China, South Africa, the rest of Europe, and internationally. It operates in two segments, Specialty Carbon Black and Rubber Carbon Black. The company offers post-treated specialty carbon black grades for coatings and printing applications; high purity carbon black grades for the fiber industry; and various conductive carbon black grades for polymers, coatings, and battery electrodes.
Orion Engineered Carbons S.A with ticker code (OEC) now have 6 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 30 and 17 calculating the mean target price we have 25. Now with the previous closing price of 20.09 this would indicate that there is a potential upside of 24.4%. The 50 day MA is 19.93 and the 200 moving average now moves to 17.91. The company has a market cap of $1,242m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="OEC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Orion Engineered Carbons S.A., together with its subsidiaries, produces and sells carbon black products in Germany, the United States, South Korea, Brazil, China, South Africa, the rest of Europe, and internationally. It operates in two segments, Specialty Carbon Black and Rubber Carbon Black. The company offers post-treated specialty carbon black grades for coatings and printing applications; high purity carbon black grades for the fiber industry; and various conductive carbon black grades for polymers, coatings, and battery electrodes.
Orion Engineered Carbons S.A with ticker code (OEC) now have 6 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 30 and 17 calculating the average target price we see 25. Given that the stocks previous close was at 20.17 this indicates there is a potential upside of 23.9%. The day 50 moving average is 19.87 and the 200 day moving average is 17.72. The market cap for the company is $1,212m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="OEC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Orion Engineered Carbons S.A., together with its subsidiaries, produces and sells carbon black products in Germany, the United States, South Korea, Brazil, China, South Africa, the rest of Europe, and internationally. It operates in two segments, Specialty Carbon Black and Rubber Carbon Black. The company offers post-treated specialty carbon black grades for coatings and printing applications; high purity carbon black grades for the fiber industry; and various conductive carbon black grades for polymers, coatings, and battery electrodes.
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons (NYSE: OEC), a global supplier of specialty and high-performance carbon black, today announced it was recently honored for its commitment to safety by the International Carbon Black Association (ICBA). Of the 50 awards granted by the ICBA, Orion received 12 awards in recognition of the companys stellar safety record at its sites during calendar year 2020. Maintaining safe and sustainable business practices is one of our core values as a compa
Orion Engineered Carbons S.A with ticker code (OEC) have now 6 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 30 and 17 with a mean TP of 24.5. With the stocks previous close at 20.11 this would indicate that there is a potential upside of 21.8%. There is a 50 day moving average of 19.75 and the 200 moving average now moves to 17.51. The company has a market capitalisation of $1,240m. Company Website: /> [stock_market_widget type="chart" symbol="OEC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Orion Engineered Carbons S.A., together with its subsidiaries, produces and sells carbon black products in Germany, the United States, South Korea, Brazil, China, South Africa, the rest of Europe, and internationally. It operates in two segments, Specialty Carbon Black and Rubber Carbon Black. The company offers post-treated specialty carbon black grades for coatings and printing applications; high purity carbon black grades for the fiber industry; and various conductive carbon black grades for polymers, coatings, and battery electrodes.
Los Angeles, United State: The report is a compilation of comprehensive research studies on various aspects of the global Furnace Carbon Black Market. With accurate data and highly authentic information, it makes a brilliant attempt to provide a real, transparent picture of current and future situations of the global Furnace Carbon Black market. Market participants []
Orion Engineered Carbons (NYSE:OEC) had its price objective raised by stock analysts at Barclays from $15.00 to $17.00 in a report issued on Monday, The Fly reports. The brokerage currently has an underweight rating on the specialty chemicals companys stock. Barclayss price target indicates a potential downside of 18.31% from the companys previous close. Separately, []
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced it will raise pricing for its specialty carbon black products. The price increase is necessary due to continuous higher demand for its specialty products, as well as sharply rising global raw material and supply chain costs. Against this backdrop, Orion Engineered Carbons will increase specialty carbon black prices by up to 20 percent globally,
Orion Engineered Carbons S.A. (NYSE:OEC) saw an uptick in trading volume on Tuesday after Barclays raised their price target on the stock from $15.00 to $17.00. Barclays currently has an underweight rating on the stock. 24,975 shares traded hands during trading, a decline of 94% from the previous sessions volume of 402,780 shares.The stock last []
HOUSTON--(BUSINESS WIRE)---- $OEC #AGM--Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance carbon black, today announced that it will hold its annual general meeting of shareholders on Thursday, June 24, 2021, at 2:00 P.M. Central European Time at the company’s office, located at 6, Route de Trèves, L-2633 Senningerberg (Municipality of Niederanven), Grand Duchy of Luxembourg. The company also set its record date for the admission of the company’s shareholders t
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance carbon black, announced that the company will release its fourth quarter and full year 2020 results after the market closes on Thursday, February 18, 2021, to be followed by a conference call on Friday, February 19, 2021, at 8:30 a.m. (EST). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 U.K. Tol
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a global supplier of specialty and high-performance carbon black, today updated its previously announced Adjusted EBITDA guidance for the fourth quarter of $44 million to $55 million that was included within its third quarter earnings presentation on November 5, 2020. Updated Adjusted EBITDA guidance for the fourth quarter is now in the range of $64 million to $67 million. “Our adjusted guidance is predominantly attributable t
HOUSTON--(BUSINESS WIRE)---- $OEC #OEC--Orion Engineered Carbons S.A. (NYSE: OEC), a global supplier of specialty and high-performance carbon black, today announced financial results for the third quarter ended September 30, 2020. Third Quarter 2020 Highlights Continued focus on protecting employees, maintaining agile production and managing costs. Benefited from a pronounced sequential demand surge. Net sales of $282.0 million compared to $370.2 million in the third quarter of 2019 reflecting the impact of
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--HOUSTON--(BUSINESS WIRE)-- Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance carbon black with a facility in Port Elizabeth, South Africa, today announced that it has funded The Eco Schools Project. This program provides opportunities for teachers to grow and improve their teaching and learning methods through hands-on and experiential practices in teaching climate change-related content in the classroom. "Our commitment
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance carbon black, today announced that it has completed an upgrade to its Borger, Texas facility, enabling the plant to run without drawing power from the electrical grid and provide energy back to the regional grid for use in the local area. “Investing in cogeneration facilities that use tail gas as fuel to produce electric power drives our energy consumption down and is an i
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance carbon black, announced that the Company will release its third quarter 2020 results after the market closes on Thursday, November 5, 2020, to be followed by a conference call on Friday, November 6, 2020, at 8:30 a.m. (EST). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 U.K. Toll Free: 0 800 756
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a leading supplier of specialty and high-performance carbon black, today announced that Mr. Corning Painter, Chief Executive Officer, and Mr. Lorin Crenshaw, Chief Financial Officer, will be participating in one-on-one meetings at the Credit Suisse 33rd Annual Virtual Basic Materials Conference on Wednesday, September 16, 2020. Mr. Painter will also participate in a fireside chat at 4:45 p.m. EDT on September 16. A live webcas
HOUSTON--(BUSINESS WIRE)--$OEC #CAO--Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance carbon black, today
HOUSTON--(BUSINESS WIRE)---- $OEC #CAO--Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance carbon black, today announced the appointment of Mr. Bob Hrivnak as Chief Accounting Officer (CAO) of the company. “We are extremely pleased to welcome a senior accounting and finance executive to the company with Bob’s capabilities, values and track record leading high performing teams,” said Lorin Crenshaw, Chief Financial Officer. “He brings a comprehensive understandin
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a leading supplier of specialty and high-performance carbon black, today announced that Mr. Corning Painter, Chief Executive Officer, will be presenting at the upcoming Jefferies Virtual Industrials Conference on Thursday August 6, 2020 at 1:50 pm EDT. Mr. Lorin Crenshaw, Chief Financial Officer, will also be present for one on one meetings. The conference will take place virtually. A live webcast of the presentation, along wi
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance Carbon Black, today announced that it has successfully completed a significant upgrade of its emissions controls at its plant in Orange, Texas. As a result of these actions, the site complies with strengthened environmental standards which reduce the site’s emission permits for NOx and SO2 by 2,300 metric tons of air pollutant emissions per year. "I congratulate our projec
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC) (the “Company” or “Orion”), a worldwide supplier of specialty and high-performance Carbon Black, today announced that Mr. Corning Painter, Chief Executive Officer will be presenting at the upcoming CJS Securities 20th Annual New Ideas Summer Conference on Tuesday, July 14, 2020 at 2:40 pm EDT. Mr. Lorin Crenshaw, Chief Financial Officer will also be present for one on one meetings. The conference will take place as a Virtual Co
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance Carbon Black, today announced that it is building a new logistics center at its largest manufacturing plant in Cologne, Germany. Upon completion, the central warehouse will be 8,850 square-meters, equaling a capacity of approximately 12,400 pallets. "We produce 160,000 metric tons and more than 100 differentiated grades of carbon black at this facility each year which must
HOUSTON--(BUSINESS WIRE)---- $OEC #chemicals--Orion Engineered Carbons S.A. (NYSE: OEC) today announced that, due to the public health concerns relating to the coronavirus (COVID-19) pandemic, and to protect the health and well-being of its shareholders and employees, its 2020 Annual General Meeting of Shareholders (the “Annual General Meeting”) will now also be held by teleconference, in addition to its prior announced physical location, at 2:00 p.m. CET on June 30, 2020. The dial-in information for participation