PR Newswire
CLAYTON, Mo., Oct. 19, 2023
CLAYTON, Mo., Oct. 19, 2023 /PRNewswire/ -- Olin Corporation (NYSE: OLN), a leading global Epoxy solutions provider, has achieved International Sustainability and Carbon Certification (ISCC) PLUS certification for its Stade, Germany facility.
The ISCC PLUS certification is a globally recognized standard that demonstrates a company's adherence to strict sustainability criteria throughout its supply chain. This certified mass-balance approach to manufacturing enables our Stade Epoxy site to offer products with bio and renewable feedstock content through our existing manufacturing processes.
"Due to our efficient operations, our back-integration, and local supply, Olin's Epoxy business already has an advantaged carbon footprint compared to many other producers. Our ISCC PLUS certification provides Olin with the opportunity to offer our customers an innovative, lower percentage carbon footprint product offering," explains Verghese Thomas, Olin Vice President, Epoxy Systems and Chief Sustainability Officer. "Our team's achievement demonstrates our commitment to expanding our already robust and innovative Epoxy products portfolio with these new sustainable offerings."
Olin is committed to finding new ways to lower energy consumption, increase operating efficiency, recycle materials, and conserve natural resources. ISCC PLUS Certification for Olin's European Epoxy products is one more sustainable offering where we can partner with our customers on solutions for a sustainable future.
OLIN COMPANY DESCRIPTION
Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid. Winchester's principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, industrial cartridges, and clay targets.
Visit www.olin.com for more information on Olin.
FORWARD-LOOKING STATEMENTS
This communication includes forward-looking statements. These statements relate to analyses and other information that are based on management's beliefs, certain assumptions made by management, forecasts of future results, and current expectations, estimates and projections about the markets and economy in which we and our various segments operate. The statements contained in this communication that are not statements of historical fact may include forward-looking statements that involve a number of risks and uncertainties.
We have used the words "anticipate," "intend," "may," "expect," "believe," "should," "plan," "outlook," "project," "estimate," "forecast," "optimistic," "target," and variations of such words and similar expressions in this communication to identify such forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the Company's intent to repurchase, from time to time, the Company's common stock. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions, which are difficult to predict and many of which are beyond our control. Therefore, actual outcomes and results may differ materially from those matters expressed or implied in such forward-looking statements. We undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise. The payment of cash dividends is subject to the discretion of our board of directors and will be determined in light of then-current conditions, including our earnings, our operations, our financial conditions, our capital requirements and other factors deemed relevant by our board of directors. In the future, our board of directors may change our dividend policy, including the frequency or amount of any dividend, in light of then-existing conditions.
The risks, uncertainties and assumptions involved in our forward-looking statements, many of which are discussed in more detail in our filings with the SEC, including without limitation the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2022, and our Quarterly Reports on Form 10-Q and other reports furnished or filed with the SEC, include, but are not limited to, the following:
Business, Industry and Operational Risks
Legal, Environmental and Regulatory Risks
All of our forward-looking statements should be considered in light of these factors. In addition, other risks and uncertainties not presently known to us or that we consider immaterial could affect the accuracy of our forward-looking statements.
2023-14
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SOURCE Olin Corporation
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