Reports Q4 revenue $1.67B, consensus $1.55B. CEO Ken Lane said, “While we expect challenging industry conditions to continue into 2025, we will stay focused on optimizing our core businesses through our value-first commercial approach as well as controlling our costs as we described during our Investor Day in December. We remain confident in our ability to generate higher trough-level earnings and cash flow despite the difficult environment. We expect Q1 2025 results from our Chemicals businesses to be lower than Q4 2024 as our disciplined market participation continues. Our Chlor Alkali business expects sequentially lower chlorine and caustic soda volumes and continued pricing pressure on ethylene dichloride. As we announced at our Investor Day in December, Olin (OLN) will enter the domestic polyvinyl chloride resin market in the first quarter 2025 through our EDC tolling agreement. This pilot initiative expands our chlorine optionality, upgrades the value of Olin EDC and will guide our PVC resin go-to-market strategy in the coming years”.
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