Olin Cutting Chlor Alkali Capacity
The company is shutting down 225,000 ECU tn of diaphragm-grade chlor alkali capacity at its Freeport, TX plant.
Chemical products and ammunition manufacturer Olin Corp. said Wednesday that 225,00 ECU tn of diaphragm-grade chlor alkali capacity will be permanently cut at its Freeport, TX location.
"Including this closure, Olin will have rationalized over one million ECU tons of diaphragm-grade chlor alkali capacity in less than two years," Scott Sutton, chairman, president, and chief executive officer of Olin, said in a release. "These actions demonstrate our commitment to lift and maintain our ECU values, while developing a more sustainable asset configuration."
The company announced that the shutdown is scheduled to reach completion by the end of this year.
Powder & Bulk Solids reported in June that half of Olin’s Plaquemine, LA chlor alkali plant resumed operations following a shutdown in April 2022. The firm said the remainder of the facility will go back online in early August. In March, the company said it plans to permanently shut down 50% of its diaphragm-grade chlor alkali capacity at its McIntosh, AL plant.
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