Olin Corp. sees Q1 diluted EPS 40c-45c, consensus 56c Chlor Alkali Q1 earnings are expected to decline compared to 1Q12 due to lower volumes and pricing. Commercial volumes in Winchester are expected to remain at elevated levels and as a result, Q1 earnings are forecast to significantly exceed 1Q12 earnings. Q1 results are expected to include approximately $3.5M of restructuring charges.
Dow Chemical sees $5.6B value in Olin Corp. deal, including ethylene rights Expects debt pension liability and share count to be down in the Olin deal. Dow sees adding $1.3B in cash with Olin transaction.