OLN

Olin Among U.S. Epoxy Resin Producers Filing Trade Cases Against Five Countries

Retrieved on: 
Wednesday, April 3, 2024
CHIPS, IRA, Olin Corporation, Coalition, OLN, Aerospace, Science, Semiconductor, Commerce, Wind power, Adani Transmission, Inflation, Legislation

CLAYTON, Mo., April 3, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) today announced the filing of antidumping and countervailing duty petitions against five countries related to certain epoxy resins, as part of the U.S. Epoxy Resin Producers Ad Hoc Coalition.

Key Points: 
  • CLAYTON, Mo., April 3, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) today announced the filing of antidumping and countervailing duty petitions against five countries related to certain epoxy resins, as part of the U.S. Epoxy Resin Producers Ad Hoc Coalition.
  • The petitions charge that unfairly traded imports of certain epoxy resins from China, India, South Korea, Taiwan, and Thailand are causing material injury to the domestic epoxy resin industry.
  • "We have been facing a significant volume of what we believe are unfairly dumped and subsidized imports of epoxy resin into this country," said Florian Kohl, President, Olin Epoxy.
  • The five countries covered by the antidumping petitions and the dumping margins alleged by the domestic industry are as follows:

Olin Corporation First Quarter 2024 Earnings Conference Call Announcement

Retrieved on: 
Thursday, March 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.

Roger Werner Appointed to Clarus’ Board of Directors

Retrieved on: 
Friday, March 8, 2024
The, Discovery, Inc., Motor Trend Group, OLN, Adventure, CLAR, NBC Sports, Sport, University, Speed (TV network), NBC, Fox Sports 1, M.B.A, ESPN, Bally Sports West, Trinity College, Management

SALT LAKE CITY, March 08, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced that the Company’s Board of Directors (the “Board”) appointed Mr. Roger Werner to serve on the Board, effective as of March 8, 2024.

Key Points: 
  • SALT LAKE CITY, March 08, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced that the Company’s Board of Directors (the “Board”) appointed Mr. Roger Werner to serve on the Board, effective as of March 8, 2024.
  • With Mr. Werner’s appointment, the Board will be comprised of 6 directors, five of whom are independent.
  • Mr. Werner has over 40 years of executive leadership experience, which includes building some of television’s most successful sports networks.
  • I look forward to collaborating with the Board and management team to help the Company’s long-term vision come to fruition and create enduring shareholder value.”

Olin Announces New CEO

Retrieved on: 
Monday, February 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: 
Thursday, February 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.

Olin Announces Fourth Quarter 2023 Results

Retrieved on: 
Thursday, January 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: 
Thursday, December 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.

Olin Achieves ISCC PLUS Certification

Retrieved on: 
Thursday, October 19, 2023
Carbon, ISCC, NYSE, Certification, Olin, Chlorine, Chief sustainability officer, Law enforcement, Hydrogen, International Sustainability Alliance, Winchester, OLN, Olin Corporation, Hydrochloric acid, PLUS, Renewable energy

CLAYTON, Mo., Oct. 19, 2023 /PRNewswire/ -- Olin Corporation (NYSE: OLN), a leading global Epoxy solutions provider, has achieved International Sustainability and Carbon Certification (ISCC) PLUS certification for its Stade, Germany facility.

Key Points: 
  • CLAYTON, Mo., Oct. 19, 2023 /PRNewswire/ -- Olin Corporation (NYSE: OLN), a leading global Epoxy solutions provider, has achieved International Sustainability and Carbon Certification (ISCC) PLUS certification for its Stade, Germany facility.
  • The ISCC PLUS certification is a globally recognized standard that demonstrates a company's adherence to strict sustainability criteria throughout its supply chain.
  • Our ISCC PLUS certification provides Olin with the opportunity to offer our customers an innovative, lower percentage carbon footprint product offering," explains Verghese Thomas, Olin Vice President, Epoxy Systems and Chief Sustainability Officer.
  • ISCC PLUS Certification for Olin's European Epoxy products is one more sustainable offering where we can partner with our customers on solutions for a sustainable future.

Olin Corporation Third Quarter 2023 Earnings Conference Call Announcement

Retrieved on: 
Friday, September 29, 2023
Law enforcement, Olin Corporation, Webcast, Hydrogen, Hydrochloric acid, Olin, International, Multimedia, NYSE, Winchester, Chlorine, Bank statement, OLN, Internet service provider

CLAYTON, Mo., Sept. 29, 2023 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Friday, October 27, 2023 at 9:00 a.m. Eastern time, Olin's senior management will review the company's third quarter 2023 financial results.

Key Points: 
  • CLAYTON, Mo., Sept. 29, 2023 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Friday, October 27, 2023 at 9:00 a.m. Eastern time, Olin's senior management will review the company's third quarter 2023 financial results.
  • A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, October 26, 2023, together with the associated slides.
  • The call will also be webcast live via the company's website at www.olin.com , accessible under the third 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.

Olin Announces CEO Transition Plan

Retrieved on: 
Friday, September 1, 2023
Law enforcement, Olin Corporation, Hydrogen, Hydrochloric acid, Growth, Chlorine, NYSE, Winchester, War Industries Board, OLN, Management

Mr. Sutton will continue as Executive Chairman of the Board until his departure to facilitate a smooth transition.

Key Points: 
  • Mr. Sutton will continue as Executive Chairman of the Board until his departure to facilitate a smooth transition.
  • Mr. Sutton has led a strategic transformation of Olin since taking the helm in 2020 which has delivered significant value for Olin's shareholders.
  • "Olin has a great future ahead and the Board and I are working closely together to identify an excellent leader who will enable the next phase of growth for Olin building on our strong foundation."
  • Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition.