Olin Corp
OLN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^< | LOCK|?%J | LOCK|&@&>!!< |
New Morningstar Analyst Report - Olin
Business Strategy and Outlook
By selling its unprofitable metals segment and augmenting its presence within the chlor-alkali chain through its 2007 acquisition of Pioneer, we believe Olin is taking a step in the right direction. However, the chlor-alkali industry is notoriously cyclical, with low barriers to entry and high exposure to volatile raw-material costs. We believe chlor-alkali prices are due for a fall as the current downturn saps demand for caustic soda, leading to an even tougher operating environment for Olin in the near future.
