Hydrochloric acid

Eastern Metal Supply Invests in Eagle Metal Distributors

Retrieved on: 
Dienstag, Mai 21, 2024
Other Manufacturing, Construction & Property, Steel, Finance, Professional Services, Manufacturing, Building Systems, Machinery, Machine Tools, Metalworking & Metallurgy, Partnership, Hydrochloric acid, EMS, Investment, MRO, Growth, Foley & Lardner, Acquisition, Reagent

Eastern Metal Supply (“EMS”), one of the largest value-added distributors of aluminum products in the U.S. and a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, today announced the acquisition of Eagle Metal Distributors, Inc. (“Eagle” or the “Company”).

Key Points: 
  • Eastern Metal Supply (“EMS”), one of the largest value-added distributors of aluminum products in the U.S. and a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, today announced the acquisition of Eagle Metal Distributors, Inc. (“Eagle” or the “Company”).
  • Founded in 2004, Eagle is an Orlando-based distributor of aluminum products, patio screens, and other related offerings utilized in the installation and repair of pool enclosures and screen rooms.
  • Mike Swedick, CEO of EMS, said, “We are delighted to partner with Steve Wrazen and the broader Eagle team to support the Company’s next phase of growth.
  • Wynnchurch manages a number of private equity funds with $9.2 billion of regulatory assets under management and is actively seeking investments.

Wynnchurch Capital Invests in Reagent Chemical & Research

Retrieved on: 
Freitag, Mai 3, 2024
Other Manufacturing, Finance, Asset Management, Consulting, Banking, Chemicals, Plastics, Professional Services, Manufacturing, LLP, Investment, Capital, Safety, Partnership, History, FCA, Hydrochloric acid, MRO, Mulvaney, Growth, Fine chemical

Wynnchurch Capital, L.P. (“Wynnchurch”), announced today that it has acquired Reagent Chemical & Research, LLC (“Reagent” or the ​“Company”) in partnership with management.

Key Points: 
  • Wynnchurch Capital, L.P. (“Wynnchurch”), announced today that it has acquired Reagent Chemical & Research, LLC (“Reagent” or the ​“Company”) in partnership with management.
  • Headquartered in Ringoes, NJ and family-owned since its founding in 1959, Reagent is the #1 specialty distributor of hydrochloric acid in North America.
  • We look forward to building upon that reputation and supporting the Reagent team through the next phase of growth.”
    Paul Hastings LLP acted as legal advisor to Wynnchurch.
  • Wynnchurch manages a number of private equity funds with $9.2 billion of regulatory assets under management and is actively seeking investments.

CENTURY LITHIUM ANNOUNCES POSITIVE FEASIBILITY STUDY FOR THE CLAYTON VALLEY LITHIUM PROJECT, NEVADA

Retrieved on: 
Montag, April 29, 2024
Lithium, Benchmark Mineral Intelligence, Project, Sale, DLE, Filtration, H2SO4, Risk, Pilot plant, Sodium chloride, GRE, Project management, Mineral, Area studies, Lithium carbonate, Transport, QP, Mineral Resources Limited, AACE, FOB, Hydrochloric acid, Patent, MMSA, Feasibility study, Sodium hydroxide, Commerce, Hydrogen chloride, Century, Mining, CIM, Electrolysis, Recycling, G&A, Saltern

The QP for the estimate is Ms. Terre Lane, MMSA, an employee of GRE and independent of Century.

Key Points: 
  • The QP for the estimate is Ms. Terre Lane, MMSA, an employee of GRE and independent of Century.
  • Metallurgical testing through 2020 focused on using sulfuric acid (H2SO4) to extract lithium from the clay.
  • A lithium recovery of 78% is used in the Feasibility Study, based on the data collected in over two years of operations at the Pilot Pant.
  • Contributors to the estimates are GRE (mining), Wood (process plant and infrastructure), ThyssenKrupp Nucera (chlor-alkali plant) and Century Lithium (property information and owners' costs).

Olin Corporation First Quarter 2024 Earnings Conference Call Announcement

Retrieved on: 
Donnerstag, März 28, 2024
International, Webcast, Chlorine, Bank statement, OLN, Multimedia, Law enforcement, Olin Corporation, Hydrochloric acid, Hydrogen, Internet service provider

CLAYTON, Mo., March 28, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Friday, April 26, 2024, at 9:00 a.m. Eastern time, Olin's senior management will review the company's first quarter 2024 financial results.

Key Points: 
  • CLAYTON, Mo., March 28, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Friday, April 26, 2024, at 9:00 a.m. Eastern time, Olin's senior management will review the company's first quarter 2024 financial results.
  • A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, April 25, 2024, together with the associated slides.
  • The call will also be webcast live via the company's website at www.olin.com , accessible under the first quarter conference call icons.
  • Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition.

Hydrochloric Acid Market Size to Grow by USD 978.77 million, 5.72% YOY market growth in 2023-2024, Technavio

Retrieved on: 
Donnerstag, März 14, 2024
Carbon, Resin, Chlorine, PVC, Hydrochloric acid, BASF, Growth, Occidental Petroleum, Olin Corporation, Steel, Tessenderlo Group, COVID-19, Hydrogen chloride, Alkyl polyglycoside, APG, Food, Synthetic, AGC, Fructose, Merck Group, HFCS, Mining, Hazardous waste, Chemistry, Drink, Vinyl chloride, Optimism, Ground substance, USD, SGL Carbon, PCC, Palladium

The food segment, valued at USD 689.47 million in 2018, drives significant growth in the hydrochloric acid market.

Key Points: 
  • The food segment, valued at USD 689.47 million in 2018, drives significant growth in the hydrochloric acid market.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global hydrochloric acid market.
  • Expansion of hydrochloric acid facilities, like SGL Carbon's unit delivery to Travancore-Cochin Chemicals Ltd., drives market growth, enabling companies to enhance their market presence and offer a wider product range, boosting the global hydrochloric acid market.
  • Substitutes like emerald-safe acid, phosphoric acid, sodium bisulfate, and trisodium phosphate pose challenges to hydrochloric acid market growth.

Olin Announces New CEO

Retrieved on: 
Montag, Februar 19, 2024
Monomer, Hydrochloric acid, Olin Corporation, Growth, BASF, Hydrogen, Chlorine, University, OLN, Executive, Clemson University, LyondellBasell, Plastic, Polyurethane, Law enforcement, BP, Management

CLAYTON, Mo., Feb. 19, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) today announced the Board of Directors has appointed Kenneth Lane as President and Chief Executive Officer and Director of Olin Corporation effective March 18, 2024.

Key Points: 
  • CLAYTON, Mo., Feb. 19, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) today announced the Board of Directors has appointed Kenneth Lane as President and Chief Executive Officer and Director of Olin Corporation effective March 18, 2024.
  • Olin also announced Mr. Sutton stepped down as Executive Chairman of the Board of Directors, and William Weideman was appointed Chairman, effective February 16, 2024.
  • "I am honored and excited to lead Olin Corporation and build on its strong foundation.
  • Olin Corporation is a leading vertically integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition.

Olin Recognized with JEC Innovation Award for Wind Blade Circularity Solution

Retrieved on: 
Donnerstag, Februar 8, 2024
Hydrochloric acid, Hydrogen, Olin Corporation, Circular economy, Law enforcement, Vestas, OLN, Chlorine, Wind, JEC, Primary energy, Renewable energy

Olin partnered with Vestas Wind Systems A/S (Denmark), Aarhus University (Denmark), Danish Technological Institute (Denmark), and Stena Recycling (Denmark and Sweden) on this project.

Key Points: 
  • Olin partnered with Vestas Wind Systems A/S (Denmark), Aarhus University (Denmark), Danish Technological Institute (Denmark), and Stena Recycling (Denmark and Sweden) on this project.
  • "We are honored to receive the 2024 Innovation Award from JEC Composites for this novel sustainability solution which enables the recycling of materials from wind blades," remarked Verghese Thomas, Vice President, Epoxy Systems and Chief Sustainability Officer at Olin.
  • "We value and appreciate the validation this innovation has received not only from JEC, but from the industry and our customers around the world."
  • Every year, the JEC Innovation Awards recognize innovative, collaborative, and impactful projects that demonstrate the full potential of composite materials.

Plato Gold Announces Results of 2-Hole Drill Program on the Marriott Gold Property, Matheson, Ontario

Retrieved on: 
Donnerstag, Januar 25, 2024
Quartz, NAD, MP-10, Anomaly, MNDM, Carbonate, UTM, Hydrochloric acid, Mining, Abitibi greenstone belt, PGC, M88, Gold, Zinc, TSX, Gabbro, UAV, Geology, Printed circuit board

The highest-grade result from the drill program was intersected in an IP anomaly in hole GH95-105.

Key Points: 
  • The highest-grade result from the drill program was intersected in an IP anomaly in hole GH95-105.
  • In 2005, Plato conducted a diamond drill program on its Marriott Property.
  • Next steps for Plato Gold are to follow up the 2023 drill program with another drill program with deeper holes along the same geophysics’ anomalies and geology units.
  • No significant gold was found in both drill holes however typical characteristics pf gold deposits indicate that gold has the potential to occur at depth on the Property.

Olin Announces Fourth Quarter 2023 Results

Retrieved on: 
Donnerstag, Januar 25, 2024
OLN, Natural gas, Stade, Insurance, Share repurchase, Hydrochloric acid, Chlorine, ECU, Hydrogen, Acquisition, Olin Corporation, Depreciation, Webcast, Law enforcement, Video game

CLAYTON, Mo., Jan. 25, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced financial results for the fourth quarter ended December 31, 2023. Fourth quarter 2023 reported net income was $52.9 million, or $0.43 per diluted share, which compares to fourth quarter 2022 reported net income of $196.6 million, or $1.43 per diluted share. Fourth quarter 2023 adjusted EBITDA of $210.1 million excludes depreciation and amortization expense of $128.5 million, insurance recoveries of $22.0 million, and restructuring income of $2.4 million. Fourth quarter 2022 adjusted EBITDA was $441.8 million. Sales in the fourth quarter 2023 were $1,614.6 million, compared to $1,977.0 million in the fourth quarter 2022. Full year 2023 reported net income was $460.2 million, or $3.57 per diluted share, which compares to full year 2022 reported net income of $1,326.9 million, or $8.94 per diluted share.

Key Points: 
  • Fourth quarter 2023 net income of $52.9 million, or $0.43 per diluted share
    CLAYTON, Mo., Jan. 25, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced financial results for the fourth quarter ended December 31, 2023.
  • Chlor Alkali Products and Vinyls fourth quarter 2023 results included depreciation and amortization expense of $105.4 million compared to $117.6 million in the fourth quarter 2022.
  • Epoxy fourth quarter 2023 results included depreciation and amortization expense of $13.0 million compared to $22.4 million in the fourth quarter 2022.
  • Winchester fourth quarter 2023 results included depreciation and amortization expense of $8.1 million compared to $6.4 million in the fourth quarter 2022.

Olin Corporation Fourth Quarter 2023 Earnings Conference Call Announcement

Retrieved on: 
Donnerstag, Dezember 21, 2023
OLN, Bank statement, Webcast, International, Hydrochloric acid, Olin Corporation, Law enforcement, Chlorine, Hydrogen, Multimedia, Internet service provider

CLAYTON, Mo., Dec. 21, 2023 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Friday, January 26, 2024 at 9:00 a.m. Eastern time, Olin's senior management will review the company's fourth quarter 2023 financial results.

Key Points: 
  • CLAYTON, Mo., Dec. 21, 2023 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Friday, January 26, 2024 at 9:00 a.m. Eastern time, Olin's senior management will review the company's fourth quarter 2023 financial results.
  • A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, January 25, 2024, together with the associated slides.
  • The call will also be webcast live via the company's website at www.olin.com , accessible under the fourth quarter conference call icons.
  • Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition.