Olin and Huntsman Announce All-Stock Merger to Form $12.5 B North American Chemicals Leader

Olin Corp (Clayton, Mo.) and Huntsman Corp (The Woodlands, Texas) announced an all-stock merger of equals on June 16 2026. Huntsman shareholders will receive 0.5476 Olin shares per Huntsman share, giving Olin shareholders about 54.5 % of the new entity and valuing the deal at roughly $2.43 billion (? €2.24 billion). The combined company, OlinHuntsman Corp, will be headquartered in The Woodlands and is projected to generate $12.5 billion of revenue in 2025. Olin CEO Ken Lane will serve as chief executive and Huntsman CEO Peter Huntsman as non-executive chairman. The transaction targets over $400 million of cost synergies, $125 million of cash tax benefits and $100 million of raw-material integration savings by 2031, while retaining Olin’s Winchester ammunition business.

BenzingaWinchester Ammo Parent Olin Corporation to Merge with Huntsman Corp.ReutersOlin and Huntsman announce mergerOlin and Huntsman agree all-stock merger of equals to form $12B+ OlinHuntsman with $400M+ synergies

The chemicals sector faces stagnant demand, rising European production costs, tighter regulations and supply-chain shocks such as the Strait of Hormuz closure, which have pushed feedstock prices higher. Companies are seeking scale and vertical integration to improve resilience and cost structure.

Reuters

Huntsman shares fell 13% and Olin shares slipped 2.4% after the June 16 announcement; Olin traded at $25.35. Analysts keep a Hold rating on Huntsman with a $13.86 price target. The deal aims to boost resilience, expand into automotive, construction and industrial markets, and curb feedstock cost volatility.

Reuters

Olin CEO Ken Lane said the merger will create a more resilient chemicals company with stronger cash flow. Huntsman CEO Peter Huntsman said the combined firm will improve global competitiveness, give employees greater stability and ensure consistent customer service. Both emphasized Olin’s chlorine and caustic-soda feedstocks paired with Huntsman’s polyurethane and advanced-material products.

BenzingaOlin and Huntsman announce mergerHuntsman and Olin to merge, creating $12-billion OlinHuntsmanReutersWinchester Ammo Parent Olin Corporation to Merge with Huntsman Corp.

• “This combination provides a compelling opportunity for Olin and Huntsman to create a more resilient and value-focused chemicals company anchored in North America,” — Ken Lane, President and CEO, Olin Corp.

Huntsman and Olin to merge, creating $12-billion OlinHuntsman

• “As our industry continues to globalize, we compete more today against countries, than companies, trade policies and global supply chains than ever before,” — Peter Huntsman, Chairman, President and CEO, Huntsman Corp.

Huntsman and Olin to merge, creating $12-billion OlinHuntsman

• “This merger allows us to create a more resilient chemicals company capable of generating stronger cash flow through the business cycle.” — Ken Lane, President and CEO, Olin Corp.

Olin and Huntsman announce merger

• “By joining forces, we can better compete globally, deliver greater stability for employees, and enhance service consistency for customers.” — Peter Huntsman, Chairman, President and CEO, Huntsman Corp.

Olin and Huntsman announce merger

The deal is valued at $2.43 billion (USD) or €2.24 billion; cost synergies are reported as $400 million (USD) and €370 million. Revenue projections vary from “about $12 billion” to $12.5 billion, and synergy timing ranges from $300 million in 24 months to $400 million over three years.

Olin and Huntsman announce $12.5 billion chemical merger

The merger awaits antitrust clearance and shareholder approval, targeting a first-half-2027 close. Huntsman’s earnings on July 30 2026 will offer early performance insight. A Strategic Integration Committee and the chief integration officer will manage synergy execution.

Olin and Huntsman announce merger