SOURCE: Olin Corporation

Olin Corporation

January 15, 2010 17:40 ET

Olin Declares Force Majeure for All Products Manufactured at Its McIntosh, Alabama Facility

CLAYTON, MO--(Marketwire - January 15, 2010) - Olin Corporation (NYSE: OLN) announced today that it has declared force majeure for chlorine, diaphragm grade caustic soda, hydrogen, hydrochloric acid, sodium hypochlorite, and sodium chloride manufactured at its McIntosh, Alabama facility until further notice. The force majeure was declared due to an unexpected equipment failure at the facility, which has caused a production shutdown. Olin is working diligently to minimize the impact of these events and will work to resume production capabilities as soon as possible.

This force majeure does not apply to SunBelt, a facility owned by Olin's partnership and located in McIntosh, Alabama, which remains in operation.

Olin Corporation is a manufacturer concentrated in two business segments: Chlor Alkali Products and Winchester. Chlor Alkali Products manufactures chlorine and caustic soda, sodium hydrosulfite, hydrochloric acid, hydrogen, potassium hydroxide and bleach products. Winchester products include sporting ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.

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Contact Information

  • Investor Contact:
    Larry P. Kromidas
    (618) 258-3206
    Email: Email Contact