Hydrochloric acid

Olin Corporation First Quarter 2024 Earnings Conference Call Announcement

Retrieved on: 
Thursday, March 28, 2024

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: 
Thursday, March 14, 2024

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: 
Monday, February 19, 2024

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: 
Thursday, February 8, 2024

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: 
Thursday, January 25, 2024

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: 
Thursday, January 25, 2024

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: 
Thursday, December 21, 2023

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.

CENTURY LITHIUM PROVIDES UPDATE ON FEASIBILITY STUDY AND SODIUM HYDROXIDE AS A BY-PRODUCT

Retrieved on: 
Wednesday, December 6, 2023

VANCOUVER, BC, Dec. 6, 2023 /PRNewswire/ - Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") is pleased to provide an update on its ongoing Feasibility Study for its Clayton Valley Lithium Project ("Project") in Clayton Valley, Nevada, and has commenced a market study on sodium hydroxide as a soluble by-product.

Key Points: 
  • VANCOUVER, BC, Dec. 6, 2023 /PRNewswire/ - Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") is pleased to provide an update on its ongoing Feasibility Study for its Clayton Valley Lithium Project ("Project") in Clayton Valley, Nevada, and has commenced a market study on sodium hydroxide as a soluble by-product.
  • This comprehensive study covers all areas of the lithium extraction process from shallow surface mining of lithium-bearing clay to on-site production of battery-grade lithium carbonate.
  • To date, the Company has worked with its Feasibility Study team to revise and update estimates based on optimization.
  • A market study, to be incorporated in the Feasibility Study, recognizes the potential for revenue from sodium hydroxide sales, tapping into the need for a domestic supply of sodium hydroxide.

Wanhua Chemical to Showcase Commitment to Dual Carbon Goals and Green Solutions at COP28

Retrieved on: 
Tuesday, December 5, 2023

Mr. Liao Zengtai, Chairman of Wanhua Chemical, presented the Company's dedication to solidifying dual carbon goals, sharing practical models of energy use and carbon reduction, and presenting innovative green chemical technology and product solutions to address global sustainable development challenges.

Key Points: 
  • Mr. Liao Zengtai, Chairman of Wanhua Chemical, presented the Company's dedication to solidifying dual carbon goals, sharing practical models of energy use and carbon reduction, and presenting innovative green chemical technology and product solutions to address global sustainable development challenges.
  • Wanhua is committed to achieving peak carbon no later than 2030 and striving for carbon neutrality by 2048, contributing to the broader global sustainability agenda," Mr. Liao Zengtai said.
  • Wanhua's strategic approach to reduce carbon emissions involves accelerating production and operational efficiency through technological innovation and optimizing equipment processes.
  • Wanhua Chemical actively develops and promotes green solutions for the industry, making significant progress through its state-of-the-art innovations that include:
    Recycled plastic utilization through mechanical and chemical recycling methods.

Wanhua Chemical to Showcase Commitment to Dual Carbon Goals and Green Solutions at COP28

Retrieved on: 
Tuesday, December 5, 2023

Mr. Liao Zengtai, Chairman of Wanhua Chemical, presented the Company's dedication to solidifying dual carbon goals, sharing practical models of energy use and carbon reduction, and presenting innovative green chemical technology and product solutions to address global sustainable development challenges.

Key Points: 
  • Mr. Liao Zengtai, Chairman of Wanhua Chemical, presented the Company's dedication to solidifying dual carbon goals, sharing practical models of energy use and carbon reduction, and presenting innovative green chemical technology and product solutions to address global sustainable development challenges.
  • Wanhua is committed to achieving peak carbon no later than 2030 and striving for carbon neutrality by 2048, contributing to the broader global sustainability agenda," Mr. Liao Zengtai said.
  • Wanhua's strategic approach to reduce carbon emissions involves accelerating production and operational efficiency through technological innovation and optimizing equipment processes.
  • Wanhua Chemical actively develops and promotes green solutions for the industry, making significant progress through its state-of-the-art innovations that include:
    Recycled plastic utilization through mechanical and chemical recycling methods.