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Latest Smyth County, Virginia Stories

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...

2011-01-31 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,...

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...