Olin Corporation

Olin Corporation
legal form	Corporation
ISIN	US6806652052
founding	1954
Seat	Clayton , United States
management	John E. Fischer ( Chairman , President and CEO )
Number of employees	6,500
sales	6,110,000,000 US dollars (5.1 billion euros )
Branch	chemistry
Website	www.olin.com
	As of December 31, 2019

The Olin Corporation is an American chemical company based in Clayton near St. Louis . With its subsidiaries Olin Chlor Alkali Products ( Cleveland ), Winchester Ammunition ( East Alton ) and KA Steel Chemicals, it is active in the fields of chlor-alkali electrolysis , ammunition and bleach production .

In 2015, the Olin Corporation rose to become the world's largest producer of chlorine and caustic soda through the acquisition of the American chlor-alkali business of Dow Chemical in a Reverse Morris Trust operation . This gave Dow shareholders 50.5% of the shares in Olin Corporation.

history

Former work at Lake Charles (1972)

Clouds of nitrous gases over the plant (1972)

The Olin Corporation was founded in 1954 when the two predecessor companies founded in 1892, Olin Industries and Mathieson Chemical Corporation, merged.

Olin Industries was founded by Franklin Olin as a gunpowder manufacturer. In 1898 the Western Cartridge Company was founded to manufacture ammunition.

Thomas Mathieson Mathieson Alkali Works founded the order in Saltville ( Virginia ) sodium carbonate to produce. In 1893 the first chlor-alkali plant was put into operation in Niagara Falls .

By 1954, both companies had grown into diversified chemical companies with annual sales of $ 250 million each.

Since 1970, the company has shrunk by shedding numerous parts of the business. In 1980 arms production was outsourced as the US Repeating Arms Company . The European ammunition business was sold to GIAT . In 1999 the specialty chemicals division (now Lonza ) was spun off. In 2007 the brass casting business was sold to a private equity company ( Global Brass and Copper ).

Works

Since chlorine gas cannot be transported as an economic good even in liquefied form, chlorine gas production is always associated with the manufacture of chlorinated products (e.g. chlorinated solvents, methyl chloride , epichlorohydrin , PVC etc.).

Chlor-alkali and chlorinated compounds

Bleach

Individual evidence

↑ ^a ^b ^c ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934. (PDF; 1.3 MB) OLIN CORPORATION, February 24, 2020, accessed on July 16, 2020 (English).
^ Olin Corporation, Dow Chemical Agreement Is Expected to Create a Chlor Alkali Industry Leader ( Memento of September 29, 2015 in the Internet Archive ), April 15, 2015.
↑ Our History ( Memento from September 29, 2015 in the Internet Archive )
^ Olin Corporation History
↑ ^a ^b Plant and Terminal Locations ( Memento from September 29, 2015 in the Internet Archive )
↑ In 2015, chlorine production continued to belong to Dow, chlorinated compounds, however, Olin, and cellulose chemistry to Dow.

[ar2019-1] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934. (PDF; 1.3 MB) OLIN CORPORATION, February 24, 2020, accessed on July 16, 2020 (English).

[olinca-2] Olin Corporation, Dow Chemical Agreement Is Expected to Create a Chlor Alkali Industry Leader ( Memento of September 29, 2015 in the Internet Archive ), April 15, 2015.

[3] Our History ( Memento from September 29, 2015 in the Internet Archive )

[4] Olin Corporation History

[werke-5] Plant and Terminal Locations ( Memento from September 29, 2015 in the Internet Archive )

[6] In 2015, chlorine production continued to belong to Dow, chlorinated compounds, however, Olin, and cellulose chemistry to Dow.