Olin Corp. Updates Q2 Outlook
The Winchester parent said Q2 adjusted EBITDA is now expected to be in the $350-$360 million range, due to an estimated $50 million impact from extending its Freeport, TX plant turnaround and deteriorating market conditions. The TX facility project took an extra seven weeks, resulting in higher unabsorbed fixed manufacturing costs and higher related expenses. In addition, ... Log in to view full article.