Olin and Huntsman Announce Merger of Equals

Olin Corporation and Huntsman Corporation have entered into a definitive agreement to combine in an all-stock merger of equals, creating a leading North American chemicals company. The combined entity, to be named OlinHuntsman Corporation, is expected to generate significant shareholder value through over $400 million in identified cost synergies and integration benefits. The merger aims to enhance scale, scope, and vertical integration, leveraging complementary upstream and downstream capabilities to create a more resilient and value-focused company. Ken Lane of Olin will serve as CEO, and Peter Huntsman will be the non-executive Chairman. The transaction is expected to close in the first half of 2027, subject to regulatory and shareholder approvals. The combined company will be headquartered in The Woodlands, Texas.