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Olin ends force majeure on chlor-alkali at Texas facility

29 Aug '24
1 min read
Olin ends force majeure on chlor-alkali at Texas facility
Pic: Adobe Stock

Insights

  • Olin Corporation has lifted the force majeure on its chlor-alkali products, declared on July 10, 2024, following a temporary disruption at its Freeport, Texas facility due to Hurricane Beryl.
  • Chlor-alkali production has resumed, while the Epoxy business is still in the process of restarting its Aromatics assets, which remain under force majeure.

Olin Corporation (NYSE: OLN), a leading global manufacturer of chemical products and ammunition, announced that it has lifted its systemwide force majeure on chlor-alkali products declared on July 10, 2024. Chlor-alkali and derivative production has been returned to operation. 

A temporary disruption of its Freeport, Texas operations had occurred as a result of Hurricane Beryl.  Olin's Epoxy business is in the process of restarting its Aromatics assets which remain under force majeure. Olin remains committed to the safe and reliable operation of its assets.

Note: The content of this press release has not been edited by Fibre2Fashion staff.

Fibre2Fashion News Desk (HU)

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