IHS Chemical Week

Markets :: Basic Chemicals :: Inorganic Chemicals :: Chlor-alkali

Olin reports weak quarter for chlor-alkali segment

4:56 PM MDT | July 25, 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.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © 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