The new entity, to be renamed OlinHuntsman Corporation, will unite Olin’s scale in chlorine and caustic soda production with Huntsman’s specialized portfolio of polyurethane systems and advanced materials. By combining these upstream assets with downstream formulation expertise, the company expects to gain greater cost-efficiency and flexibility across global markets, including automotive and infrastructure sectors.
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Olin and Huntsman to Merge in $12.5 Billion Chemicals Deal
Olin Corporation and Huntsman Corporation have entered into a definitive all-stock agreement to merge, creating a North American chemicals powerhouse with $12.5 billion in combined 2025 revenue. The deal aims to leverage vertical integration to unlock over $400 million in annual cost synergies and integration benefits.
Ken Lane, currently CEO of Olin, will lead the combined organization as Chief Executive Officer, while Peter Huntsman will serve as non-executive Chairman of the Board. The transaction, which has received unanimous approval from both boards, is structured as a merger of equals. Under the terms, Huntsman shareholders will receive 0.5476 shares of Olin for every share held, resulting in Olin shareholders owning approximately 54.5% of the new company. Headquartered in The Woodlands, Texas, the deal is expected to close in the first half of 2027, pending regulatory and shareholder approvals.
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