Olin Stocks Decline Amid Chemours' New Chlor-Alkali Plant Plans

In early trading on Tuesday, Olin Corporation shares fell by 4% following an announcement from The Chemours Company. Chemours revealed plans to build and operate a chlor-alkali production facility at PCC Group's titanium dioxide (TiO2) plant site in DeLisle, Mississippi. The chlor supply agreement between PCC and Chemours is contingent upon certain standard conditions being met in advance.

The future facility is expected to incorporate the latest technology aimed at optimizing energy efficiency, and it is projected to have an annual nominal capacity of 340,000 metric tons upon becoming operational. In addition to chlorine, the facility will produce caustic soda as a by-product, which PCC plans to sell to key partners and on the open market.

Construction of the chlor-alkali facility is anticipated to begin in early 2026, with full operation expected by 2028. An analyst from Keybanc indicated that the establishment of the new Chemours facility could have negative implications for Olin, a company operating in the chemical industry. The entry of this new facility is likely to create additional competition in the chlor-alkali products market.