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Latest Olin Corporation Stories

2011-08-01 16:30:00

CLAYTON, Mo., Aug. 1, 2011 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that its Winchester Division has been awarded a five year contract by the United States Army for the production of .50 Caliber, 5.56 millimeter, and 7.62 millimeter ammunition. Deliveries under this contract, which has the potential to generate revenues over the next five years of approximately $300 million, are expected to commence in the first quarter of 2012. COMPANY DESCRIPTION Olin Corporation is...

2011-07-22 13:23:00

CLEVELAND, Tenn., July 22, 2011 /PRNewswire/ -- Cleveland-based Olin Chlor Alkali Products, a division of Olin Corporation (NYSE: OLN), broke ground today at its plant in Charleston, TN, for a new state-of-the-art membrane cell manufacturing facility. Olin is investing $160 million in the new facility, which is scheduled for completion by the end of 2012. When completed, the new facility will produce the highest quality chlorine, caustic soda and related products and have a capacity of...

2011-07-21 16:34:00

CLAYTON, Mo., July 21, 2011 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that its second quarter 2011 net income was $42.1 million, or $0.52 per diluted share, which compares to $16.9 million, or $0.21 per diluted share in the second quarter of 2010. Sales in the second quarter of 2011 were $529.1 million, compared to $405.7 million in the second quarter of 2010. Joseph D. Rupp, Chairman, President, and Chief Executive Officer said, "Better than expected results from both...

2011-06-27 08:37:00

BIRMINGHAM, Ala., June 27, 2011 /PRNewswire/ -- Robins & Morton's Power and Industrial Division has been awarded an $80 million membrane conversion project by Olin Chlor Alkali Products located in Charleston, Tennessee. Gary Martin, Robins & Morton senior program manager, said the project will begin immediately and at its peak will employ an estimated 400 construction workers. The project is part of a $160 million technology update of Olin's Charleston, TN plant announced in...

2011-06-23 12:46:00

CLAYTON, Mo., June 23, 2011 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Friday, July 22, at 11:00 A.M. Eastern Time, Joseph Rupp, Chairman, President and CEO; John Fischer, Senior Vice President and CFO; John McIntosh, Senior Vice President, Operations; and Larry Kromidas, Assistant Treasurer and Director, Investor Relations will review Olin Corporation's second quarter earnings results. Prepared remarks will be followed by a question and answer period. A press...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.