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Latest Olin Corporation Stories

2011-03-01 14:44:00

CLAYTON, Mo., March 1, 2011 /PRNewswire/ -- Olin Corporation's (NYSE: OLN) senior management will be available for one-on-one meetings with investors at the Longbow Research Basic Materials Investor Conference in New York on March 10, 2011, the Susquehanna Chemical Conference in Boston on March 15, 2011 and the Sidoti & Company Emerging Growth Institutional Investor Forum in New York on March 22, 2011. In addition, Olin's senior management will make formal presentations at the Longbow...

2011-03-01 12:32:00

NEW YORK, March 1, 2011 /PRNewswire/ -- The Valence Group announces that it has advised PolyOne Corp (NYSE: POL) on the successful sale of its 50% interest in SunBelt Chlor Alkali Partnership to Olin Corporation. (Logo: http://photos.prnewswire.com/prnh/20110118/NY30970LOGO ) SunBelt, a chlor alkali manufacturer, is a 50/50 joint venture formed in 1996 between PolyOne (formerly The Geon Company) and Olin. PolyOne's stake in SunBelt was sold to Olin for $175 million, including $132...

2011-02-28 17:00:00

CLAYTON, Mo., Feb. 28, 2011 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that it has acquired PolyOne Corporation's 50% interest in the SunBelt Chlor Alkali Partnership for $132.3 million in cash plus the assumption of a PolyOne guarantee related to the Partnership debt. With this acquisition Olin becomes the 100% owner of SunBelt. The parties have also agreed to a three year earn out based on the performance of SunBelt. At December 31, 2010 SunBelt had $85.3 million of...

2011-02-28 17:00:00

CLEVELAND, Feb. 28, 2011 /PRNewswire-FirstCall/ -- PolyOne Corporation (NYSE: POL) announced today the sale of its 50% ownership interest in SunBelt Chlor Alkali Partnership to Olin Corporation. SunBelt, a chlor alkali manufacturer, is a 50/50 joint venture formed in 1996 between PolyOne (formerly The Geon Company) and Olin. PolyOne's stake in SunBelt was sold to Olin for $175 million, including $132 million in cash and the assumption of PolyOne's guarantee of $43 million of SunBelt...

2011-01-31 16:00:00

CLAYTON, Mo., Jan. 31, 2011 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that its fourth quarter 2010 net income was $2.0 million, or $0.02 per diluted share, which compares to net income of $21.8 million, or $0.28 per diluted share in the fourth quarter of 2009. Fourth quarter 2010 results included a previously announced pretax restructuring charge of $34.2 million and the fourth quarter of 2009 results included $37.0 million of pretax recoveries of environmental costs...

2011-01-07 14:59:00

CLAYTON, Mo., Jan. 7, 2011 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Tuesday, February 1, at 10:00 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 fourth quarter and full year 2010 earnings results. Prepared remarks will be followed by a question and...

2010-12-10 06:00:00

CLAYTON, Mo., Dec. 10, 2010 /PRNewswire-FirstCall/ -- Olin Corporation (NYSE: OLN) announced today that its fourth quarter 2010 results will contain approximately $30 million of pretax restructuring charges. These charges are associated with implementation of plans to exit the use of mercury cell technology in the chlor alkali manufacturing process by the end of 2012 and the relocation of its Winchester centerfire ammunition manufacturing operations from East Alton, Illinois to Oxford,...

2010-10-28 07:00:00

MINNEAPOLIS, Oct. 28 /PRNewswire/ -- ATK (NYSE: ATK) has received additional orders for small-caliber ammunition under an Indefinite Delivery Indefinite Quantity contract with the U.S. Army Contracting Command, Rock Island Contracting Center. These orders total more than $213 million for a mix of 5.56mm, 7.62mm, and .50-caliber ammunition to be produced by ATK at the Lake City Army Ammunition Plant (LCAAP) in Independence, Mo. ATK Small Caliber Systems is a global leader in affordable...

2008-09-04 15:00:27

Olin Corporation's (NYSE:OLN) senior management will make presentations at the KeyBanc Capital Markets' Basic Materials & Packaging Conference on Thursday, September 11, 2008 at noon Eastern Time in Boston, MA; the Credit Suisse Chemical and Ag Science Conference on Thursday, September 18, at 11:20 a.m. Eastern Time in New York, NY; and the Oppenheimer Industrials Conference on Thursday, October 2, 2008 at 8:00 a.m. Eastern Time in New York, NY. Copies of the presentation slides for...

2008-07-28 18:00:34

Olin Corporation (NYSE: OLN) announced that Vince J. Smith, 59, was elected by its board of directors to serve on Olin's board, effective August 21, 2008. Mr. Smith served as President and Chief Executive Officer of Dow Chemical Canada, a subsidiary of The Dow Chemical Company, from 2001 until his retirement in 2004. From 1972 to 2000, he held positions of increasing responsibility in engineering, manufacturing and management, including the position of Business Director for Dow's global...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'