OLN's new long-term EDC deal with Braskem advances its vinyls strategy and targets growth in Brazil's attractive PVC market.
Olin Corporation (NYSE:OLN ) Q3 2025 Earnings Call October 28, 2025 9:00 AM EDT Company Participants Steve Keenan - Director of Investor Relations Kenneth Lane - President, CEO & Director Todd Slater - Senior VP & CFO Conference Call Participants Hassan Ahmed - Alembic Global Advisors Joshua Spector - UBS Investment Bank, Research Division Salvator Tiano - BofA Securities, Research Division Frank Mitsch - Fermium Research, LLC Aleksey Yefremov - KeyBanc Capital Markets Inc., Research Division John Ezekiel Roberts - Mizuho Securities USA LLC, Research Division Patrick Cunningham - Citigroup Inc., Research Division David Begleiter - Deutsche Bank AG, Research Division Peter Osterland - Truist Securities, Inc., Research Division Michael Sison - Wells Fargo Securities, LLC, Research Division Kevin McCarthy - Vertical Research Partners, LLC Jeffrey Zekauskas - JPMorgan Chase & Co, Research Division Vincent Andrews - Morgan Stanley, Research Division Arun Viswanathan - RBC Capital Markets, Research Division Matthew Blair - Tudor, Pickering, Holt & Co. Securities, LLC, Research Division Roger Spitz - BofA Securities, Research Division Presentation Operator Good morning, and welcome to Olin Corporation's Third Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note today's event is being recorded.
Olin remains a buy with a $30 price target, as Q3 results confirm the turnaround is progressing as expected. OLN's cost-cutting and supply rationalization are improving margins and cash flow, despite ongoing weak demand in key segments. The company maintains strong liquidity and a secure 3.3% dividend, with no major debt maturities until 2029, supporting its resilience.
| Specialty Retail Industry | Consumer Discretionary Sector | Kenneth Todd Lane CEO | XMUN Exchange | US6806652052 ISIN |
| US Country | 7,676 Employees | 28 Nov 2025 Last Dividend | 9 Feb 1999 Last Split | 30 Dec 1987 IPO Date |
Olin Corporation, with its headquarters in Clayton, Missouri, has been a key player in the chemical manufacturing and distribution industry since its establishment in 1892. The company operates globally, serving clients in the United States, Europe, Asia Pacific, Latin America, and Canada. Olin Corporation's operations are divided into three main segments: Chlor Alkali Products and Vinyls, Epoxy, and Winchester. These divisions allow the company to cater to a diverse range of industries, including construction, government and defense, recreation, and various industrial sectors. Olin takes pride in its comprehensive sales approach, utilizing a skilled sales force and direct marketing strategies to reach industrial customers, mass merchants, retailers, wholesalers, gun clubs, distributors, and government entities effectively.
This segment includes essential chemicals such as chlorine and caustic soda, as well as derivatives like ethylene dichloride and vinyl chloride monomers. Products also encompass chlorinated intermediates and solvents like methyl chloride, methylene chloride, chloroform, carbon tetrachloride, and perchloroethylene. Additionally, this segment provides hydrochloric acid, hydrogen, bleach products, potassium hydroxide, and other chlorinated organics, catering to a wide range of industrial applications.
The Epoxy segment focuses on products used in the construction and manufacturing of electronics and coatings. This includes Allylics such as allyl chloride, epichlorohydrin, and glycerin; aromatics like acetone, bisphenol, cumene, and phenol; and both liquid and solid epoxy resins. Converted epoxy resins and additives are also offered, ensuring a broad spectrum of solutions for clients in various industries.
This segment caters to the recreational, law enforcement, and military sectors. It offers a comprehensive range of ammunition products, including shotshells, small caliber centerfire, and rimfire ammunition. These products serve hunters, recreational shooters, law enforcement agencies, and military personnel. Additionally, Winchester provides industrial products like gauge loads and powder-actuated tool loads, which are used in power, concrete industries, and for construction applications through powder-actuated tools.