OLIN Corp

Olin Corporation announced a definitive agreement to merge with Huntsman Corporation in an all-stock transaction, forming OlinHuntsman Corporation, with Olin shareholders expected to own approximately 54.5% of the combined entity. For the second quarter of 2026, Olin reported a net loss of $(13.3) million, an increase from $(1.3) million in the prior year, on sales of $1,741.9 million. The company also incurred $10.6 million in acquisition-related costs for the merger and continued with ongoing restructuring efforts.

Olin Corporation reported a net loss of ($13.3) million, or ($0.12) per diluted share, for Q2 2026, compared to a net loss of ($1.3) million in Q2 2025. Adjusted EBITDA increased to $191.3 million from $176.1 million year-over-year, despite sales slightly decreasing to $1,741.9 million. The Chlor Alkali segment was negatively impacted by a $40.1 million unplanned vinyl chloride monomer plant shutdown, while the Epoxy and Winchester segments showed improved earnings. The company forecasts Q3 2026 adjusted EBITDA between $160 million and $200 million and incurred $10.6 million in costs related to the proposed merger with Huntsman.

Olin Corporation announced it has entered into a Merger Agreement with Huntsman Corporation for a combination in an all-stock merger of equals transaction. The boards of directors of both companies have unanimously approved the agreement. The transaction can be structured as either a Direct Merger where Olin survives, or Subsidiary Mergers where an Olin subsidiary survives. Huntsman shareholders will receive 0.5476 shares of Olin common stock for each share of Huntsman common stock they own.

Olin Corporation and Huntsman Corporation announced a definitive agreement to combine in an all-stock merger of equals. The new entity, OlinHuntsman Corporation, is projected to have approximately $12.5 billion in 2025 revenue and aims to create a leading North American chemicals company with enhanced scale and vertical integration. The merger is expected to generate over $400 million in cost synergies and integration benefits, along with $125 million in cash tax benefits. Ken Lane will lead the combined company as CEO, with Peter Huntsman serving as non-executive Chairman.

Olin Corporation reported a significant net loss of $(83.0) million for the first quarter of 2026, a sharp decline from a net income of $1.4 million in the same period last year. Sales also decreased to $1,583.0 million from $1,644.2 million year-over-year. The company incurred increased restructuring charges and amended its Senior Secured Credit Facility, while also maintaining an active share repurchase program.

Olin Corporation announced a net loss of ($83.0) million, or ($0.73) per diluted share, for the first quarter ended March 31, 2026, a significant decline from net income of $1.4 million in Q1 2025. Adjusted EBITDA also decreased to $86.2 million from $185.6 million year-over-year, on sales of $1,583.0 million. Despite the year-over-year decline, the company reported sequential improvement in adjusted EBITDA and forecasts Q2 2026 adjusted EBITDA to be between $160 million and $200 million, driven by expected sequential earnings improvement in its Chemicals and Winchester businesses. Olin's Board of Directors also declared a quarterly dividend of $0.20 per share.

Olin Corporation's shareholders approved the 2026 Long Term Incentive Plan (2026 LTIP) at the annual meeting on April 30, 2026, making it effective immediately. The Compensation Committee subsequently approved various award agreements under the 2026 LTIP, including Director Stock Grants, Restricted Stock Units (RSUs), Performance Share Units (PSUs), and Non-Qualified Stock Options. These awards are designed to provide equity compensation to non-employee directors, officers, and key employees, with varying vesting schedules and performance conditions.