Company News

May 19, 2021

Olin Shuts Down More Chlor Alkali Production

Olin Announces Further Chlor Alkali Capacity Reduction
  
CLAYTON, Mo., May 18, 2021 — Olin Corporation (NYSE: OLN) announced today that it plans to permanently shut down approximately 20% of its diaphragm-grade chlor alkali capacity (approximately 225,000 ECU tons) at its Plaquemine, LA facility. The closure is expected to be completed by June 1, 2021 and is expected to be cash flow accretive.  “This is the next step on our path to exit high-capital, low-return diaphragm ECUs and redirect Olin’s cash generation model toward our transformative Parlaying and Structuring phases,” remarked Scott Sutton, Olin Chairman, President, and Chief Executive Officer. “Earlier this year we shut down 200,000 diaphragm ECU tons at our McIntosh, AL facility, and the previously announced shut down of 230,000 diaphragm ECU tons at our Freeport, TX facility will occur in the second quarter of 2021, as well.”

COMPANY DESCRIPTIONOlin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition.  The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, and hydrochloric acid.  Winchester’s principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.

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Investors

May 19, 2021

Dow Announces Polyol Increases

May 18, 2021

Polyol PRICE INCREASE

Effective June 1, 2021, or as contracts allow, The Dow Chemical Company, on behalf of
itself and its applicable consolidated subsidiaries (“Dow”), will increase list and off-list
prices by the amounts listed below on all grades and package types of the following
Polyol products in North America:


VORANOL US $0.10 / lb
VORALUX US $0.10 / lb
SPECFLEX US $0.10 / lb


Thank you for your continued business with Dow. Please contact your Account
Manager if you have any questions related to this communication.

May 19, 2021

Dow Announces Polyol Increases

May 18, 2021

Polyol PRICE INCREASE

Effective June 1, 2021, or as contracts allow, The Dow Chemical Company, on behalf of
itself and its applicable consolidated subsidiaries (“Dow”), will increase list and off-list
prices by the amounts listed below on all grades and package types of the following
Polyol products in North America:


VORANOL US $0.10 / lb
VORALUX US $0.10 / lb
SPECFLEX US $0.10 / lb


Thank you for your continued business with Dow. Please contact your Account
Manager if you have any questions related to this communication.

May 19, 2021

Stepan Announces Increase on Rigid Polyester Polyols

May 14, 2021

Dear Valued Customer:


Effective July 1, 2021, or as contracts allow, Stepan will increase the price for STEPANPOL® and
TERATE® Rigid Polyester Polyols used in the Americas by $0.12 per pound. This increase is
necessary due to the continued rapid rise in raw material and transportation costs.
Due to the magnitude of cost increases in flame retardants, all STEPANPOL® and TERATE®
products containing flame retardant will increase by an additional $.03 per pound for a total of $.15
per pound.


We appreciate your support and value your continued business. Your Stepan sales representative
will be in contact with you to address any questions or concerns.

May 19, 2021

Stepan Announces Increase on Rigid Polyester Polyols

May 14, 2021

Dear Valued Customer:


Effective July 1, 2021, or as contracts allow, Stepan will increase the price for STEPANPOL® and
TERATE® Rigid Polyester Polyols used in the Americas by $0.12 per pound. This increase is
necessary due to the continued rapid rise in raw material and transportation costs.
Due to the magnitude of cost increases in flame retardants, all STEPANPOL® and TERATE®
products containing flame retardant will increase by an additional $.03 per pound for a total of $.15
per pound.


We appreciate your support and value your continued business. Your Stepan sales representative
will be in contact with you to address any questions or concerns.