Cost Reduction Target
Olin aims to achieve greater than $250 million in cost reductions by 2028, with $20 million to $30 million of these savings anticipated in 2025.
Chlor Alkali Products and Vinyls Sales Increase
Chlor Alkali Products and Vinyls (CAPV) sales were up 9% sequentially due to higher volume and improved pricing.
Epoxy Adjusted EBITDA Growth
Epoxy adjusted EBITDA increased by more than 50% sequentially, largely due to the absence of Hurricane Beryl impacts.
Winchester Acquisition Strategy
Winchester entered into a definitive agreement to acquire AMMO, Inc.'s small caliber ammunition manufacturing assets, expecting $40 million in synergy benefits within three years.
Strong Cash Flow Generation
Olin returned approximately 78% of operating cash flow to shareholders through dividends and share repurchases, repurchasing about 5% of its outstanding shares in 2024.