Olin Corporation and Huntsman Corporation have entered into a definitive agreement to combine in an all-stock merger of equals to create a leading North American chemicals company. The combined organization will be renamed OlinHuntsman Corporation (“OlinHuntsman”) following the close of the transaction.
According to the companies, OlinHuntsman will deliver to diverse and growing end markets, including automotive, construction and infrastructure, and industrial applications.
“As our industry continues to globalize, we compete more today against countries, than companies, trade policies and global supply chains than ever before,” said Peter Huntsman, chairman, president and CEO of Huntsman. “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.”
The transaction is expected to close in the first half of 2027, subject to the satisfaction of customary closing conditions. Upon closing of the transaction, OlinHuntsman will be headquartered in The Woodlands, Texas.