Story perspectives

Olin, Huntsman to Merge into $12.5B Entity by 2027

6/16/2026

Summary

Olin & Huntsman Merge

Olin Corp and Huntsman Corp announced merger to form OlinHuntsman Corporation, a $12.5 billion entity.
Headquarters are in Woodlands, Texas, with CEO Ken Lane, chair Peter Huntsman, CFO Phil Lister and officer Todd Slater.
The firms target $400 million in annual cost synergies, $125 million in tax benefits, $300 million in integration benefits and $100 million in material savings, and expect the merger to close in early 2027 pending approvals.

Summary

OlinHuntsman Board

OlinHuntsman's board will have 10 directors with equal Olin and Huntsman representation, including Ken Lane and Peter Huntsman.
Peter Huntsman will serve as non-executive chairman while Ken Lane serves as chief executive officer of the combined company.
Winchester ammunition will stay a separate unit while the firm expands its Gulf Coast base and adds Europe and Asia locations to serve key markets.

Summary

Huntsman Shares Fall

Shares of Huntsman and Olin fell 13% and 2.4%, respectively, after the merger announcement.
The implied offer price is $13.85 per share, 12.8% below Huntsman’s last close.
Since late February, the Strait of Hormuz closure has tightened chemical supply and raised polymer prices.
Global producers are reassessing strategies amid stagnant demand, rising European costs, and new regulations.
Executives cite epoxy opportunities that let the combined firm enter previously unreachable markets.

History

Historical Context

The 2017 merger of Dow Chemical and DuPont created DowDuPont, which entered the Dow Jones Industrial Average on September 1, 2017, signaling the market’s acceptance of mega-chemical conglomerates. Today Olin and Huntsman aim for $400 million in synergies, echoing that consolidation trend while regulators revisit antitrust concerns that first surfaced with the 2017 deal.

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Olin & Huntsman Merge

Olin Corp and Huntsman Corp announced merger to form OlinHuntsman Corporation, a $12.5 billion entity.
Headquarters are in Woodlands, Texas, with CEO Ken Lane, chair Peter Huntsman, CFO Phil Lister and officer Todd Slater.
The firms target $400 million in annual cost synergies, $125 million in tax benefits, $300 million in integration benefits and $100 million in material savings, and expect the merger to close in early 2027 pending approvals.

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