IHS Chemical Week

World News and Views :: Top of the News

Olin reports weak quarter for chlor-alkali segment

8:55 AM MDT | July 26, 2013 | Clay Boswell

Olin Corp. (Clayton, MO) on 25 June reported second quarter 2013 net income of $43.7 million, down 8% from the second quarter of 2012. Reported earnings were 54 cts/share, down 8% YOY but 2 cts above analyst estimates as compiled  by Thomson Reuters. Sales increased 28% year-over-year (YOY) to $652.2 million. Income for the chlor-alkali segment fell 33% yoy to $50 million owing to lower hydrochloric acid prices, higher costs associated with maintenance outages and start-ups, and higher electricity costs resulting from increased natural gas prices. Earnings from hydrochloric acid sales declined $6 million from the year-ago quarter....

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa