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Orion maintains gold sustainability rating

Speciality chemicals company Orion SA has maintained a Gold medal rating from EcoVadis, and ranks among the top 2 percent of the companies assessed by the organization in a wide range of sustainability areas.

Orion improved its score from the previous year by making gains in the areas of sustainable procurement and ethics, according to EcoVadis, a provider of business sustainability ratings.

The annual progress Orion is making in the EcoVadis assessments is just another example of how committed we are to being a trusted partner for all our stakeholders and becoming an even more sustainable company, said Orion CEO Corning Painter.

Over the last year, Orion has achieved several sustainability milestones, including the completion of a series of projects (with a total cost of more than $300mn) that involved installing technology that substantially reduces emissions at the company's US plants.

Orion recently received €6.4mn in funding from the German government and the European Union to further develop technology to improve the production of carbon black using circular feedstocks.