Olin Corporation Hit with $75 Million Charge After Shintech Lawsuit Verdict

Reuters

02/13

Olin Corporation Hit with $75 Million Charge After Shintech Lawsuit Verdict

Olin Corporation announced it will take a one-time, pre-tax charge of $75 million in the fourth quarter of 2025 following a jury verdict in favor of Shintech Incorporated in a litigation matter. The lawsuit, filed by Shintech in April 2023, stemmed from a pricing dispute, a 2023 maintenance turnaround at a vinyl chloride monomer plant, and a disputed force majeure event related to Olin’s supply of VCM to Shintech under a long-term contract. After three years of litigation, the jury ruled in favor of Shintech on February 10, 2026. Olin expects to pay approximately $185 million, including previously accrued reserves, during the first half of 2026 as a result of this matter. The company stated that fourth quarter 2025 adjusted EBITDA will exclude this non-recurring charge.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Olin Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000074303-26-000010), on February 12, 2026, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Olin Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000074303-26-000010), on February 12, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1169590202.USD","symbol_name":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260212:nNDL378JdQ:1","article_id":"2611970524","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611970524","pubTimestamp":1770930631,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Olin Corporation announced it will take a one-time, pre-tax charge of $75 million in the fourth quarter of 2025 following a jury verdict in favor of Shintech Incorporated in a litigation matter. 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