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Olin Corp. said Monday that it will cut 100 jobs in Henderson, Nev., as it looks to reduce chlor alkali production capacity. The chemical company said it will take a $95 million charge in its first quarter as a result of the restructuring. The...
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Olin Corporation (NYSE: OLN) is a manufacturer of chemical products and ammunition.

Business Overview

Business & Financial Metrics[1]

In 2009, OLN generated a net income of $135.7 million on revenues of $1.53 billion. This represents a 14.0% decrease in net income and a 13.2% decrease in revenues from 2008, when the company earned $157.7 million on $1.76 billion in revenue.

Business Segments[2]

  • Chlor Alkali Products (62.9% of 2009 sales): This segment manufactures and sells chlorine and caustic soda, sodium hydrosulfite, hydrochloric acid, hydrogen, sodium chlorate, bleach products and potassium hydroxide.
  • Winchester (37.1% of 2009 sales): This segment sells sporting ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.

Competition[3]

OLN's competitors in the chemical market include:

In the ammunition market, OLN competes with:

References

  1. OLN 2009 10-K pg. 57  
  2. OLN 2009 10-K pg. 31  
  3. OLN 2009 10-K pg. 8  
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