Orion S.A. raises prices by 25%, introduces specialty segment variable surcharge

Orion S.A. (OEC) announced it is increasing prices by up to 25% and introducing a variable surcharge to all of its specialty segment customers. This action is required because of rising costs, supply chain disruptions and feedstock cost volatility related primarily to the ongoing conflict in the Middle East. The price increase and new surcharges will become effective immediately, or as contracts allow.