Olin and Huntsman Shareholders Greenlight Merger of Equals

Preliminary results show that approximately 97% of votes cast by Olin shareholders, representing 81% of outstanding shares, supported the transaction. Huntsman’s base mirrored this enthusiasm, with 99% of votes cast—accounting for 75% of outstanding shares—in favor of the combination. Executives from both firms framed the move as a strategic necessity to build a more resilient, vertically integrated platform capable of navigating increasingly competitive global markets.

Ken Lane, CEO of Olin, noted that the new entity, OlinHuntsman Corporation, will be better positioned to drive value across the entire chemical supply chain. Peter Huntsman, Chairman and CEO of Huntsman, emphasized that the merger will expand product offerings and service capabilities for their international client base. While the shareholder vote clears a major hurdle, the transaction remains subject to regulatory approvals and standard closing conditions. Both companies expect to finalize the merger in the first half of 2027.