MOSCOW (MRC) -- Olin Corporation (Clayton, Missouri) has announced that it plans to permanently shut down the remaining diaphragm-grade chlor-alkali capacity at its McIntosh, Alabama facility, by the end of third quarter 2022, according to Hydrocarbonprocessing.
The closure of approximately 200,000 electrochemical unit (ECU) tons is in addition to the 200,000 ECU tons shut down at McIntosh in first quarter 2021.
"When this shutdown is complete, Olin will have rationalized approximately 855,000 ECU tons of high-cost, low-value diaphragm-grade chlor alkali capacity since early 2021," remarked Scott Sutton, Olin Chairman, President, and Chief Executive Officer. "This action reinforces our commitment to lift our ECU values to a more sustainable level."
As MRC reported earlier, in July 2021, Olin Corporation entered into an agreement with ASHTA Chemicals, Inc. to purchase and sell the chlorine produced at ASHTA's Ashtabula, OH facility. Existing contracts will be honored for chlorine customers of both companies.
We remind that June production of sodium hydroxide (caustic soda) in Russia was 103,000 tonnes (100% of the basic substance) versus 105,000 tonnes a month earlier. Overall output of caustic soda totalled 642,500 tonnes in the first half of 2021, down by 1.2% year on year.
Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading US manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, and hydrochloric acid. Winchester's principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.
MRC