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|                                                                                                           | As at Dec 31, 2014 |
| Shareholding                                                                                                   |
| Controlled entities                                                                                            |   |   |
| Orion Engineered Carbons S.A., Luxembourg                                                                      |   |   |
| Kinove Luxembourg Holdings 3 S.à r.l. , Luxembourg*                                                       | 100 | % |
| Orion Engineered Carbons Holdings GmbH, Frankfurt am Main, Germany                                             | 100 | % |
| Orion Engineered Carbons Bondco GmbH, Frankfurt am Main, Germany                                               | 100 | % |
| Orion Engineered Carbons International GmbH, Frankfurt am Main, Germany                                        | 100 | % |
| Kinove Italian Bidco S.r. l., Ravenna, Italy                                                                   | 100 | % |
| Orion Engineered Carbons France Holdco SAS, Paris, France                                                      | 100 | % |
| Blackstar Engineered Carbons Portugal Holdco, Unipessoal, Lda., Sines, Portugal*                               | 100 | % |
| Orion Engineered Carbons USA Holdco, LLC, Kingwood, USA                                                        | 100 | % |
| Orion Engineered Carbons Korea Holdco Co., Ltd., Bupyeong-gu, South Korea                                      | 100 | % |
| Norcarb Engineered Carbons Sweden HoldCo AB, Malmö, Sweden                                                | 100 | % |
| Orion Engineered Carbons S.r.l. Italy, Ravenna, Italy                                                          | 100 | % |
| Orion Engineered Carbons S.A.S. France, Ambès, France                                                     | 100 | % |
| Carbogal Engineered Carbons S.A. Portugal, Sines, Portugal*                                                    | 100 | % |
| Orion Engineered Carbons LLC USA, Kingwood, USA                                                                | 100 | % |
| Orion Engineered Carbons Co. Ltd. Korea, Bupyeong-gu, South Korea                                              | 100 | % |
| Orion Engineered Carbons sp. z o.o. Poland, Jaslo, Poland                                                      | 100 | % |
| Norcarb Engineered Carbons AB Sweden, Malmö, Sweden                                                       | 100 | % |
| Orion Engineered Carbons Ltda. Brazil, São Paulo, Brazil                                                  | 100 | % |
| Orion Engineered Carbons Proprietary Limited South Africa, Port Elizabeth, South Africa                        | 100 | % |
| Orion Engineered Carbons GmbH, Frankfurt am Main, Germany                                                      | 100 | % |
| Orion Engineered Carbons KK Japan, Tokyo, Japan                                                                | 100 | % |
| Orion Engineered Carbons Pte. Ltd., Singapore, Singapore                                                       | 100 | % |
| Orion Engineered Carbons Trading Co. Ltd., Shanghai, China                                                     | 100 | % |
| CB International Services Company GmbH, Frankfurt, Germany (formerly Carbon Black HoldCo GmbH, Essen, Germany) | 100 | % |
| Carbon Black OpCo GmbH, Essen, Germany                                                                         | 100 | % |
| Joint ventures                                                                                                 |   |   |
| Kommanditgesellschaft Deutsche Gasrusswerke GmbH & Co., Dortmund, Germany                                  | 54 | % |
| Deutsche Gasrusswerke Gesellschaft mit beschränkter Haftung, Dortmund, Germany                            | 50 | % |