10:13 AM EDT, 07/08/2025 (MT Newswires) -- Orion (OEC) said Tuesday it plans to discontinue production at three to five carbon black lines at its facilities in the Americas and EMEA regions by the end of 2025.

The move is part of a broader strategy to focus investments on higher-performing production lines and phase out underperforming assets, CEO Corning Painter said. The action is also intended to improve free cash flow, he added.

Shares of Orion were up more than 1% in recent trading.

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