Chlorine

Olin Announces Fourth Quarter 2023 Results

Retrieved on: 
Thursday, January 25, 2024
OLN, Natural gas, Stade, Insurance, Share repurchase, Hydrochloric acid, Chlorine, ECU, Hydrogen, Acquisition, Olin Corporation, Depreciation, Webcast, Law enforcement, Video game

CLAYTON, Mo., Jan. 25, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced financial results for the fourth quarter ended December 31, 2023. Fourth quarter 2023 reported net income was $52.9 million, or $0.43 per diluted share, which compares to fourth quarter 2022 reported net income of $196.6 million, or $1.43 per diluted share. Fourth quarter 2023 adjusted EBITDA of $210.1 million excludes depreciation and amortization expense of $128.5 million, insurance recoveries of $22.0 million, and restructuring income of $2.4 million. Fourth quarter 2022 adjusted EBITDA was $441.8 million. Sales in the fourth quarter 2023 were $1,614.6 million, compared to $1,977.0 million in the fourth quarter 2022. Full year 2023 reported net income was $460.2 million, or $3.57 per diluted share, which compares to full year 2022 reported net income of $1,326.9 million, or $8.94 per diluted share.

Key Points: 
  • Fourth quarter 2023 net income of $52.9 million, or $0.43 per diluted share
    CLAYTON, Mo., Jan. 25, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced financial results for the fourth quarter ended December 31, 2023.
  • Chlor Alkali Products and Vinyls fourth quarter 2023 results included depreciation and amortization expense of $105.4 million compared to $117.6 million in the fourth quarter 2022.
  • Epoxy fourth quarter 2023 results included depreciation and amortization expense of $13.0 million compared to $22.4 million in the fourth quarter 2022.
  • Winchester fourth quarter 2023 results included depreciation and amortization expense of $8.1 million compared to $6.4 million in the fourth quarter 2022.

New Survey Finds Dramatic Rise in Regulations Undercuts American Manufacturing and National Priorities

Retrieved on: 
Wednesday, January 17, 2024
CHIPS, PFAS, EVS, N-Methyl-2-pyrrolidone, Formaldehyde, Hospital, CHIPS and Science Act, EPA, Sterilization, Life, Policy, Chemistry, Chlorine, Administration, Government, IRA, IIJA, Ethylene oxide, ACC, Semiconductor, IRIS, EV, American Chemistry Council, Management, NMP, Inflation, Democrat, Communication, Medical device

Semiconductors – Ethylene oxide, fluoropolymers, and formaldehyde are examples of chemicals necessary for semiconductor manufacturing.

Key Points: 
  • Semiconductors – Ethylene oxide, fluoropolymers, and formaldehyde are examples of chemicals necessary for semiconductor manufacturing.
  • "Chemical manufacturing is the most heavily regulated subsector of manufacturing, and the volume of regulations has doubled in the past 20 years," Jahn added.
  • View the ACC Member Survey: "Impact of Rising Regulations on Chemical Manufacturing & American Priorities" here.
  • The American Chemistry Council's mission is to advocate for the people, policy, and products of chemistry that make the United States the global leader in innovation and manufacturing.

Alliance to Prevent Legionnaires' Disease applauds U.S. EPA recommendation to increase minimum disinfectant levels and placing greater emphasis on protecting homes from legionella

Retrieved on: 
Wednesday, January 17, 2024
Legionnaires' disease, Biofilm, Drinking water, EPA, Health, French Foreign Legion, Risk, Public, CDC, Working Group, Bacteria, Water, Safety, Legionella, Chlorine, Plumbing

"We applaud the EPA for setting new guidelines to better ensure the safety of our water," said Tonya Winders, Executive Director of the Alliance to Prevent Legionnaires' Disease.

Key Points: 
  • "We applaud the EPA for setting new guidelines to better ensure the safety of our water," said Tonya Winders, Executive Director of the Alliance to Prevent Legionnaires' Disease.
  • According to the CDC, 96 percent of all Legionnaires' Disease cases are individual, sporadic cases and not related to outbreaks.
  • Legionnaires' Disease is a waterborne illness, caused by Legionella bacteria, which is present in biofilms in water systems.
  • The full Working Group report can be found here: https://www.epa.gov/system/files/documents/2023-11/report-of-the-mdbp-ru...
    For more information on Legionnaires' Disease and the Alliance to Prevent Legionnaires' Disease, visit the Alliance's website: https://preventlegionnaires.org/ .

FROG® Introduces the First Complete Sanitizing System for Swim Spas

Retrieved on: 
Tuesday, January 16, 2024
FROG, Multimedia, Water, System, Mineral, Chlorine, Bottled water

FROG @ease for Swim Spas is purpose-built for the volume and temperatures unique to swim spas.

Key Points: 
  • FROG @ease for Swim Spas is purpose-built for the volume and temperatures unique to swim spas.
  • And FROG @ease for Swim Spas uses up to 75% less chlorine*.
  • With FROG @ease, swim spa owners shock their swim spa only once a month.
  • "Until now, swim spa owners didn't have a complete sanitizer for their swim spa," Granlund says.

Natural Grocers® Provides Free Filtered Water to Communities Affected by Boil Water Advisory in Topeka, KS

Retrieved on: 
Monday, January 15, 2024
Community, Vitamin Cottage Natural Grocers, UV, Drinking, City, Friends, Water, Salt, Filtration, Lead, KDHE, Chlorine

LAKEWOOD, Colo., Jan. 15, 2024 /PRNewswire/ -- Natural Grocers® is offering free filtered water to those affected by a boil-water notice in Topeka, Kansas. Starting Monday, January 15, free water will be available to Topeka residents and nearby communities until the boil water advisory is lifted.

Key Points: 
  • Starting Monday, January 15, free water will be available to Topeka residents and nearby communities until the boil water advisory is lifted.
  • The City of Topeka is under a Boil Water Advisory by KDHE due to low chlorine levels in the city's water.
  • Effective immediately and until further notice, city water customers have been asked to boil their water before drinking it.
  • Natural Grocers is offering free water from the Topeka, Kansas store's reverse osmosis water filtration machines for those in need.

Reduced Environmental Impact of CAPE IGARASSU's Chlor-alkali Plant in Brazil with thyssenkrupp nucera's BM2.7 Technology

Retrieved on: 
Saturday, January 13, 2024
Sodium hydroxide, Hydrogen chloride, Electrolysis, Electrode, Compass Minerals, Minamata Convention on Mercury, Mercury, Sodium hypochlorite, CAPE, Environment, Safety, Industrial, Plant, Engineering, Chlorine, Chemical

The previous electrolysis plant with mercury electrodes will be replaced by electrolyzers with the highly efficient BM2.7 technology (bipolar membrane) from thyssenkrupp nucera.

Key Points: 
  • The previous electrolysis plant with mercury electrodes will be replaced by electrolyzers with the highly efficient BM2.7 technology (bipolar membrane) from thyssenkrupp nucera.
  • The conversion of the CAPE IGARASSU plant in Igarassu is scheduled to be completed by the end of 2025.
  • With the environmentally friendly BM2.7 membrane technology with a modular plant concept from thyssenkrupp nucera, CAPE IGARASSU will meet the requirements of the Minamata Convention.
  • "Chlorum Solutions' decision in favor of our modern BM2.7 technology is another highlight of our long and successful collaboration in Brazil.

MediciNova Announces Abstract Regarding MN-166 (ibudilast) in Chlorine Gas-induced Lung Injury Accepted for Presentation at the 63rd Annual Meeting of the Society of Toxicology

Retrieved on: 
Thursday, December 21, 2023
Translation, Tokyo Stock Exchange, SOT, Administration, Chlorine, MD, Doctor of Philosophy, Human services, Society, Code, Poster, FAHA, University

LA JOLLA, Calif., Dec. 21, 2023 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that an abstract regarding results of a nonclinical study of MN-166 (ibudilast) in chlorine gas-induced acute lung injury has been selected for a poster presentation at the Society of Toxicology (SOT) 63rd Annual Meeting and ToxExpo to be held March 10 - 14, 2024 in Salt Lake City, Utah.

Key Points: 
  • LA JOLLA, Calif., Dec. 21, 2023 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that an abstract regarding results of a nonclinical study of MN-166 (ibudilast) in chlorine gas-induced acute lung injury has been selected for a poster presentation at the Society of Toxicology (SOT) 63rd Annual Meeting and ToxExpo to be held March 10 - 14, 2024 in Salt Lake City, Utah.
  • The poster will be presented by MediciNova’s collaborator, Perenlei Enkhbaatar, MD, PhD, FAHA, Professor, Department of Anesthesiology, Director, Translational Intensive Care Unit, Charles Robert Allen Professor in Anesthesiology at The University of Texas Medical Branch.
  • The presentation details are as follows:
    Abstract Number / Poster Board number: 4296 / P871
    This project has been funded in whole or in part with federal funds from the Department of Health and Human Services; Administration for Strategic Preparedness and Response; Biomedical Advanced Research and Development Authority, under contract number 75A50121C00022.

In 2023, Illinois American Water Invests $297 Million Throughout State and $69.7 Million in Local Water & Wastewater Infrastructure in Southern Division

Retrieved on: 
Thursday, December 28, 2023
Utilities, Construction & Property, Natural Resources, Finance, Energy, Professional Services, Urban Planning, Other Natural Resources, Port, Illinois Department of Transportation, Water quality, Water, American Water Works, Transport, Chlorine, City, Rosiclare, Illinois, Emergency, Illinois Commerce Commission, Chemical substance, Jackie, Ageing, American Water, Groundwater, Investment, Sewage treatment

In 2023, Illinois American Water will have invested $297 million in water and wastewater system infrastructure replacement and enhancements throughout the state.

Key Points: 
  • In 2023, Illinois American Water will have invested $297 million in water and wastewater system infrastructure replacement and enhancements throughout the state.
  • The Southern Division is comprised of the Cairo, Interurban (Metro East), Hardin County water systems; Shiloh and Granite City wastewater systems; and Rosiclare water and wastewater systems.
  • “Since 2013, Illinois American Water has invested $1.6 billion in water and wastewater infrastructure throughout Illinois.
  • At Illinois American Water, we analyze where improvements are needed, and then we strategically and efficiently direct capital improvements to those areas most in need,” said Rebecca Losli, president, Illinois American Water.

Allentown LLC Announces the Acquisition of ClorDiSys

Retrieved on: 
Thursday, December 28, 2023
Science, Research, Acquisition, Decontamination, Disinfectant, Chlorine, Ethylene oxide, Business development, Sterilization, M&A, Environment, Management

ALLENTOWN, N.J., Dec. 28, 2023 /PRNewswire/ -- Allentown ( www.Allentowninc.com ), a leading provider of life science solutions has acquired ClorDiSys to further expand Allentown's footprint in the global biomedical research and life science markets.

Key Points: 
  • ALLENTOWN, N.J., Dec. 28, 2023 /PRNewswire/ -- Allentown ( www.Allentowninc.com ), a leading provider of life science solutions has acquired ClorDiSys to further expand Allentown's footprint in the global biomedical research and life science markets.
  • ClorDiSys is that type of company, offering innovative and effective decontamination solutions with integrity and care, perfectly aligned with our cause to improve science and lifesaving research."
  • We welcome ClorDiSys to the Allentown family and look forward to expanding the reach of their mission-critical products and services."
  • With the acquisition of ClorDiSys Allentown will add decontamination, disinfection, and sterilization services to its solution offerings.

Olin Corporation Fourth Quarter 2023 Earnings Conference Call Announcement

Retrieved on: 
Thursday, December 21, 2023
OLN, Bank statement, Webcast, International, Hydrochloric acid, Olin Corporation, Law enforcement, Chlorine, Hydrogen, Multimedia, Internet service provider

CLAYTON, Mo., Dec. 21, 2023 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Friday, January 26, 2024 at 9:00 a.m. Eastern time, Olin's senior management will review the company's fourth quarter 2023 financial results.

Key Points: 
  • CLAYTON, Mo., Dec. 21, 2023 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Friday, January 26, 2024 at 9:00 a.m. Eastern time, Olin's senior management will review the company's fourth quarter 2023 financial results.
  • A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, January 25, 2024, together with the associated slides.
  • The call will also be webcast live via the company's website at www.olin.com , accessible under the fourth quarter conference call icons.
  • Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition.