Olin Corporation Provides Update on Hurricane Beryl

Jul. 10, 2024 4:10 PM ETOlin Corporation (OLN)

CLAYTON, Mo., July 10, 2024 /PRNewswire/ — Olin Corporation (NYSE: OLN) announced a temporary disruption of operations at its Freeport, Texas, facility as a result of Hurricane Beryl.

Olin has declared a system-wide Force Majeure for its Chlor Alkali Products & Vinyls division products and Aromatics shipments. This disruption is a result of hurricane-related damage to Olin facilities in Freeport, Texas, impacting Olin’s normal production and logistics capabilities including access to power, raw materials, and other essential feedstocks and services.

Olin facilities in Freeport are undergoing a comprehensive inspection and assessment, and a coordinated plan is being developed to ensure the safe and orderly return of these plants to service. The duration of this disruption is uncertain.

Olin’s number one priority remains the safety of our employees, their families, and the communities in which we operate.

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