Who / What
Olin Corporation is an American chemical manufacturing company. It produces ammunition, chlorine, and sodium hydroxide. The company's operations have a history tied to the production of chemicals and explosives.
Background & History
Olin Corporation originated from two companies founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works. These companies formed the basis of what would become Olin Corporation. The company has a long history in the chemical and ammunition industries, evolving through mergers and acquisitions. Accidents at Olin chemical plants have unfortunately resulted in health hazards for employees and nearby residents throughout its history.
Why Notable
Olin Corporation is a significant player in the chemical and ammunition industries, producing essential materials used in various sectors. Its products are integral to manufacturing, water treatment, and defense applications. The companyβs historical operations also highlight important issues regarding industrial safety and environmental responsibility.
In the News
Olin Corporation continues to be a major producer of chlorine and sodium hydroxide, vital for numerous industries. The company's past has been marked by safety concerns, leading to ongoing scrutiny and regulatory oversight.