Olin Corporation (NYSE:OLN), a prominent global manufacturer of chemicals and ammunition, has officially ended the force majeure on chlor-alkali products that had been in place since July 10, 2024, due to Hurricane Beryl.
The company confirmed that chlor-alkali production and its derivatives are now fully operational after a temporary halt at its Freeport, Texas facility caused by the hurricane.
While the chlor-alkali segment is back on track, Olin’s Epoxy division is still working towards restarting its Aromatics assets, which continue to be affected under the force majeure declaration.
Olin reassures its commitment to the safety and reliability of its operations as it navigates the recovery process.
Olin Corporation is a key player in the chemical industry, known for its integrated global manufacturing and distribution of products such as chlorine, caustic soda, and vinyls, alongside epoxies and other chemicals.
The company also ranks as a leading manufacturer of ammunition in the United States through its Winchester division, which produces a wide range of products for sporting, law enforcement, military, and industrial uses.