Olin sees Q4 adjusted EBITDA $130M-$200M

CEO Ken Lane said, “We are encouraged to see global caustic soda demand continue to slowly improve albeit with seasonally lower demand expected during Q4. Excluding the Hurricane Beryl impact, we anticipate our Chemical businesses’ Q4 2024 adjusted EBITDA to seasonally decline from Q3 2024. Based on our current outlook, we expect Olin’s (OLN) Q4 2024 adjusted EBITDA to be in the range of $170M-$200M. Olin remains disciplined in our value-focused commercial model and our capital allocation strategy, which continues to drive cash flows and enables our priority to return cash to shareholders.”