Brief: Olin Updates Second Quarter 2023 Outlook And Announces Additional Epoxy Restructuring Actions

Olin

20/06/2023 17:28

June 20 (Reuters) - Olin Corp  OLN.N :
    * OLIN UPDATES SECOND QUARTER 2023 OUTLOOK AND ANNOUNCES
ADDITIONAL EPOXY RESTRUCTURING ACTIONS
    * OLIN CORP: Q2 2023 ADJUSTED EBITDA IS EXPECTED TO BE IN
$350 TO
$360 MILLION RANGE
    * OLIN CORP - DECISION TO CEASE ALL OPERATIONS AT ITS GUMI,
SOUTH
KOREA FACILITY
    * OLIN CORP: Q2 2023 RESULTS ARE FORECAST TO INCLUDE
APPROXIMATELY
$12 MILLION OF RESTRUCTURING CHARGES
    * OLIN CORP - TO REDUCE EPOXY RESIN & UPSTREAM CAPACITY AT
ITS
FREEPORT, TEXAS FACILITY, AND REDUCE OUR SALES AND SUPPORT
STAFFING ACROSS ASIA

Source text for Eikon:  ID:nPnWjCYRa 
Further company coverage:  OLN.N 

 (Reuters.Briefs@thomsonreuters.com)