Talk:Olin Corporation

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Morgan Hill, California fusee plant[edit]

Olin operated a fusee (highway flare) plant in Morgan Hill, California in the 1960s and 1970s, possibly into the 1980s, which was subsequently sold. It was operated as Standard Fusee Corp. for a few more years, then razed. Not long afterward, high levels of potassium perchlorate were discovered in groundwater, contaminating many private wells and some municipal wells in the the downstream "plume", whose origins were blamed on the fusee plant. Olin became involved in litigation with local residents and communities, and has to-date paid considerable sums in groundwater cleanup and remediation. This might be worth mentioning in the article if enough facts could be collected on the case. It should also be noted that United Technologies Corporation operated a research and testing facility a few miles to the north of Morgan Hill for many years, near Coyote, California, and some of the perchlorate contamination may have emanated from there, as well. Solid rocket fuel was mixed in large batches there and full-scale tests of the Titan III boosters was conducted there from the 1960s to the 1980s. Further, there have been suggestions that additional perchlorate in the soil may have come from over a century of farming and ranching operations in the area. However, Olin has borne the brunt of the blame for the situation. —QuicksilverT @ 19:03, 18 October 2008 (UTC)[reply]

Inappropriate Tone[edit]

User Burdlaw's edits from October 2010 are not neutral tone and present Olin's business and history in a negative manner. —Preceding unsigned comment added by 204.213.228.67 (talk) 03:20, 28 November 2010 (UTC) Those edits were updated and rephrased in October 2011.--Burdlaw (talk) 05:19, 25 October 2011 (UTC)[reply]


[edit]

The logo linked to the article is actually the logo for a landscape architecture firm called OLIN, not Olin Corporation. — Preceding unsigned comment added by 24.185.79.156 (talk) 22:59, 13 November 2011 (UTC)[reply]

Edit Request[edit]

NOTE: I am proposing this edit for FleishmanHillard on behalf of Olin Corporation. I am a paid editor and am aware of the COI guidelines. I am submitting this edit request to propose revisions and additions to the article in hopes of making the article more accurate and complete. The edits are as follows in the box, sorted by section:

Extended content
  1. Infobox
    • Remove Joseph D. Rupp as the Chairman of the Board and add the title under President & CEO John E. Fischer.[1]
    • Under products, remove Copper Alloys and Sodium hydroxide (Olin no longer produces these), and add the following products: chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach and hydrochloric acid.[2]
    • Update the financial numbers in the infobox to reflect 2017 numbers per its 2017 annual report[3] and Nasdaq[4]:
      • Revenue: US$ 6.27 billion (2017)
      • Operating income: US$ 331 million (2017)
      • Net income: US$ 549.5 million (2017)
      • Total assets: US$ 9.22 billion (2017)
      • Total equity: US$ 2.75 billion (2017)
    • Update the number of employees estimate to ~6,200 (2017) – the number of employees hasn’t changed, just the year.
  2. Upfront Paragraph
    • Revise the first sentence to read: “The Olin Corporation is a global manufacturer and distributor of chemical products, as well as a U.S. manufacturer of ammunition.”[5]
  3. HistoryCorporate Reduction
    • Remove the final sentence in the first paragraph, “Since then, the Olin Corporation has been shrinking (except for brief expansion in the early 1980s).” While the company has spun off or sold some of its divisions, it also acquired the Dow chlorine business in 2015.[6]
  4. HistoryIn the 21st Century
    • The last part of the first paragraph states that, “A maintenance building at the Winchester Ammunition Plant, in an isolated area of East Alton, burned and was a total loss on Sunday, February 9, 2014; the cause is under investigation, but no one was killed or injured. Seven area fire departments assisted in the response, but encountered heavy smoke and fire, according to East Alton Fire Chief Randy Nelson.” Based on this source[7], I’d argue to revise the section to read, “A maintenance building at the Winchester Ammunition Plant, in an isolated area of East Alton, burned and was a total loss on Sunday, February 9, 2014. The fire was caused by propane cylinders that exploded.”
    • The second paragraph of the section states that, “On March 27, 2015, Dow Chemical Company announced that it would spin off its chlorine and Epoxy businesses and merge them with the Olin Corporation, in a deal that would give Dow control of the Olin Corporation.” This statement is incorrect, as Olin acquired the Dow assets per the previously used story from the St. Louis Post-Dispatch[8], so the last part of the sentence (“in a deal that would give Dow control of the Olin Corporation”) should be removed.

References

  1. ^ Diana Barr (February 28, 2018). "Olin Chairman Rupp to retire, successor named". St. Louis Post-Dispatch. Retrieved November 28, 2018.
  2. ^ Lisa Brown (March 27, 2015). "Olin acquires Dow chlorine business in $5 billion deal". St. Louis Post-Dispatch. Retrieved November 28, 2018.
  3. ^ "US SEC: Form 10-K Olin Corporation". U.S. Securities and Exchange Commission. Retrieved November 28, 2018.
  4. ^ "Olin Corporation Revenue & Earnings Per Share (EPS)". NASDAQ. Retrieved November 28, 2018.
  5. ^ "Learn About Olin". Olin Corporation. Retrieved November 28, 2018.
  6. ^ Lisa Brown (March 27, 2015). "Olin acquires Dow chlorine business in $5 billion deal". St. Louis Post-Dispatch. Retrieved November 28, 2018.
  7. ^ Steve Johnson (February 10, 2014). "Fire in Winchester Factory, East Alton IL". The Firearm Blog. Retrieved November 28, 2018.
  8. ^ Lisa Brown (March 27, 2015). "Olin acquires Dow chlorine business in $5 billion deal". St. Louis Post-Dispatch. Retrieved November 28, 2018.

Thank you for your consideration! Alec Voss (talk) 20:56, 28 November 2018 (UTC)[reply]

Reply to edit request 28-NOV-2018[edit]

Below you will see where proposals from your request have been quoted with reviewer decisions and feedback inserted underneath, either accepting, declining or otherwise commenting upon your proposal(s). Please read the enclosed notes within the proposal review section below for information on each request.  Spintendo  22:26, 28 November 2018 (UTC)[reply]

Proposal review 28-NOV-2018

Remove Joseph D. Rupp as the Chairman of the Board and add the title under President & CEO John E. Fischer.
 Approved.Cite error: There are <ref> tags on this page without content in them (see the help page).


Under products, remove Copper Alloys and Sodium hydroxide (Olin no longer produces these), and add the following products: chlorine and caustic soda
no Declined.[note 1]


Vinyls
 Approved.[note 2]


Chlorinated organics, bleach
 Already done.[note 3]


Epoxies and hydrochloric acid.
 Approved.Cite error: There are <ref> tags on this page without content in them (see the help page).


Update the financial numbers in the infobox to reflect 2017 numbers per its 2017 annual report and Nasdaq.
no Declined.[note 4]


Update the number of employees estimate to ~6,200 (2017) – the number of employees hasn’t changed, just the year.
 Already done.[note 5]


Revise the first sentence to read: “The Olin Corporation is a global manufacturer and distributor of chemical products, as well as a U.S. manufacturer of ammunition.”
no Declined.[note 6]


Remove the final sentence in the first paragraph, “Since then, the Olin Corporation has been shrinking (except for brief expansion in the early 1980s).” While the company has spun off or sold some of its divisions, it also acquired the Dow chlorine business in 2015.
no Declined.[note 7]


A maintenance building at the Winchester Ammunition Plant, in an isolated area of East Alton, burned and was a total loss on Sunday, February 9, 2014. The fire was caused by propane cylinders that exploded.”
no Declined.[note 8]


"In a deal that would give Dow control of the Olin Corporation" should be removed.
 Approved.Cite error: There are <ref> tags on this page without content in them (see the help page).


___________

  1. ^ Sodium Hydroxide (NaOH) is a caustic soda.
  2. ^ Although not specified, the entire functional group of this chemical has been included in this description via its applied Wiki-Link.
  3. ^ Chlorine is already listed in the infobox.
  4. ^ This part of the edit request proposal was declined because the proposed figures do not indicate which reference applies to which figure via the use of ref tags. See WP:INTEGRITY.
  5. ^ The asked-for changes in this section of the edit request (the number of employees) are already in the article.
  6. ^ This part of the edit request proposal was declined because the sentence to be revised has not been included verbatim in the proposal.
  7. ^ This part of the edit request proposal was declined because a reason for removal has not been provided.
  8. ^ This part of the edit request proposal was declined because the proposed addition (the determined cause of the fire) is unreferenced.

Copyright cleanup[edit]

Content added by 67.184.212.160 (talk · contribs · deleted contribs · page moves · block user · block log) has been removed from this article for copyright reasons. In spite of warning, the individual using this IP has persisted in copying content from copyrighted sources without compatible licensing to Wikipedia. Please do not restore any removed text without first ensuring that the text does not duplicate, closely paraphrase or plagiarize from a previously published source, whether the one cited or another (issues have been detected from other sources than those named). Based on the editing pattern of this person, we cannot make the assumption that the content is usable. You are welcome to use sourced facts that may have been removed to create new content in your own words or to incorporate brief quotations of copyrighted material in accordance with the non-free content policy and guideline. See Wikipedia:Copy-paste and Wikipedia:Contributor copyright investigations/67.184.212.160. Thank you. --💵Money💵emoji💵💸 14:38, 19 July 2019 (UTC)[reply]

Location[edit]

Olin was established in East Alton illinois not new York. And it's current corporate offices are located in the state louis suburb or Clayton Missouri. 2600:6C42:7400:308B:9536:89D2:38A1:858C (talk) 22:48, 27 May 2022 (UTC)[reply]

Hazardous lead[edit]

A recent edit from 2600:1008:b03c:4b61:8d4f:6aba:8cc6:92a (talk · contribs · WHOIS) shortened the lead of this article to only two sentences, removing a (sourced) summary of Olin Corporation's involvement in numerous chemical hazards. Given that this information has widespread coverage in the body of the article, I think that it deserves due weight in the lead as well.  — Freoh 20:09, 13 April 2023 (UTC)[reply]

I agree that incidents and hazards should be summarised in the lead (per MOS:LEAD). The wording in the removed text is possibly awkward: Olin chemical plants frequently malfunction and pose a hazard to employees and nearby residents. It would be better to make a statement of fact, such as, "Accidents at Olin chemical plants have exposed employees and nearby residents to health hazards." (Past tense).
It's also a little difficult to quickly determine how many or what kind of accidents, because the article is poorly organised. For example, the paragraph:

In 2016, an Olin Corp. facility on Dow Chemical property in Plaquemine near Baton Rouge had a chlorine leak which led to the evacuation of the Dow plant. In 2016, Olin Corp, which was still based in Missouri, announced it was laying off 100 workers, or around 80% of the facility's workforce, at a factory north of downtown Henderson, also halting chlorine production at the site. It also stopped production of lye, with the facility to be remade into a bleach factory and distribution center for various industrial chemicals. Olin also scaled back chlorine production at other factories in New York and Texas. In 2019, Olin announced it was closing two plants in Texas by the end of 2020. It was reported in 2020 that Sachem Head Capital Management had built a stake in Olin Corporation at 9.4%. At that time, Olin remained headquartered in Clayton, Missouri and had 12 directors on its board. In 2020, Scott M. Sutton was selected by the Olin board to succeed Fischer as CEO and president, with Fischer becoming executive chairman.

The topic sentence of this paragraph makes me think it will be about a 2016 chlorine leak, but by the end of the paragraph we're talking about CEO succession in 2020. If the information were better organised, it would be easier to propose an even better summary for the lead (perhaps with more specific description of the exposures (ie, asbestos, chlorine leaks, superfund site, etc.) Larataguera (talk) 02:06, 14 April 2023 (UTC)[reply]
I agree that this article could use some significant reorganization. Given that they have released chlorine into the atmosphere three times in the last four years, I think that the present tense is appropriate,[1] but I have added your past tense version.  — Freoh 20:44, 15 April 2023 (UTC)[reply]
I also agree that present tense is appropriate, but I've learned that other editors probably don't. Thanks for replacing the information in the lead! Larataguera (talk) 21:15, 15 April 2023 (UTC)[reply]
What is the rationale for why other editors probably don't? If it is just because the information could make the company look bad, then that sounds like an NPOV violation. If there is a local consensus among editors here that the present tense is appropriate, then I might change it.  — Freoh 21:00, 16 April 2023 (UTC)[reply]
No, I don't think it's because it would make the company look bad. I think that a statement about present risk is inherently a little bit subjective. It's not possible to argue much about whether disasters have occurred in the past. It is possible to argue about whether these past disasters mean that a facility poses a risk in the present. I also haven't carefully reviewed the sources. Do the sources say there is a present risk? Because if they do, I think you have a very strong argument for stating a present risk. If they don't, I would just give specific details about past disasters. (For example, if there has been a leak three times in four years, say that – although if that was at a single facility you might not be able to generalise to all Olin facilities). Larataguera (talk) 22:36, 16 April 2023 (UTC)[reply]
Okay, I think I might expand it a bit by mentioning their ongoing asbestos use.  — Freoh 18:43, 18 April 2023 (UTC)[reply]
That would be good. I think it's better to be more specific when possible. Another thing about past vs present tense: Even when something is ongoing, past tense can be better because it keeps the statement from going out of date. So "Olin facilities posed a health hazard in 2023" remains a true statement even if no one updates it. "Olin facilities currently pose a health hazard" could become untrue if the facility closes or something and no one updates the article. Larataguera (talk) 00:07, 19 April 2023 (UTC)[reply]
I see your point, but where do you draw the line, exactly? If the company stopped manufacturing ammunition, then it would no longer be true that Olin Corporation is an American manufacturer of ammunition. I think that defaulting to the present tense makes sense in general, though I agree that my present tense hazard summary may have been a bit too broad.  — Freoh 00:50, 20 April 2023 (UTC)[reply]
That's a good point. I guess it's a matter of how likely it is for the statement to become dated. And maybe it's relatively stable in this case.
For me, the main consideration more generally is producing a resilient edit that won't need continual maintenance. Vague statements in the present tense seem more likely to be removed than specific statements about past events. (Although I think there's possibly some COI IP editing on this article, because specific statements about past accidents were also removed, but those statements were restored by an RC patroller). Larataguera (talk) 11:51, 20 April 2023 (UTC)[reply]

References

  1. ^ McGrory, Kathleen; Bedi, Neil (2022-12-07). "Workers Across America Break Their Silence on Decades of Asbestos Exposure". ProPublica. Retrieved 2023-04-15.