Olin Set To Merge With Huntsman

ST. LOUIS — Olin Corp., a St. Louis-based chemical manufacturer and former Fortune 500 company, is expected to merge with Huntsman Corp. in an all-stock deal announced Tuesday, June 16, 2026, that would create a new company called OlinHuntsman headquartered in The Woodlands, Texas.

The preliminary merger plans, announced by Huntsman on Tuesday morning, call for Olin and Huntsman to combine into OlinHuntsman. The merger has been unanimously approved by the boards of directors of both companies and is expected to close in the first half of 2027.

According to the announcement, the companies identified more than $400 million in total cost synergies and integration benefits. On a combined company basis, Olin and Huntsman would have 2025 revenue of $12.5 billion.

Olin traces its origins to August 1892, when engineer and former professional baseball player Franklin W. Olin founded the Equitable Powder Company in East Alton, Ill. The business began as a blasting powder supplier for local industries and later expanded into cartridge and Winchester ammunition production.

Olin, currently headquartered in Clayton, Mo., is a global manufacturer and distributor of chemical products including chlorine, epoxy and sodium hydroxide. The company says it employs 7,700 workers globally. Olin was recognized as a Fortune 500 company in 2024.

In a statement included in Tuesday’s announcement, Olin President and Chief Executive Officer Ken Lane said, “This combination provides a compelling opportunity for Olin and Huntsman to create a more resilient and value-focused chemicals company anchored in North America. Huntsman has built an impressive portfolio of polyurethane systems, formulation technologies and advanced materials serving technical, application-driven end markets.

"By integrating those capabilities with Olin’s world-scale chemicals assets and operations and identified synergies and benefits, we will create an industry leader with greater flexibility to serve customers across the value chain, generate stronger cash flow across the cycle and pursue opportunities that neither business could fully capture on its own. I’m excited by the opportunity to lead OlinHuntsman and deliver long-term value for our shareholders, customers, employees and communities.”

Peter Huntsman, chairman, president and chief executive officer of Huntsman, said in the announcement, “As our industry continues to globalize, we compete more today against countries, than companies, trade policies and global supply chains than ever before.

"The opportunities this merger creates enable us to generate greater value for our shareholders, deliver exceptional service and products for our customers and provide greater stability and opportunities for our associates. This merger of equals takes two great companies and creates a much stronger global leader.”

More like this:

Duckworth, Cantwell, Markey Demand Investigation into Whether FAA Chief Deliberately Violated Ethics Agreement to Boost Stock Payout Beyond $25M

Apr 24, 2026

Gov. Pritzker Announces Rural King to Invest $75 Million in New Headquarters

Jun 13, 2026

Jimmy John’s Closes Edwardsville Store Ahead of Glen Carbon Move

5 days ago

Attorney General Raoul Secures Critical Win As Court Orders Halt In Nextstar, Tegna Merger

Apr 21, 2026

Boil Water Order Issued in Village of Hardin

3 days ago