Olin Acquires Pioneer - More Rationalisation in US Chloralkali Industry

摘要

On 31 August 2007,Olin Corp.(of Clayton,MO) announced the completion of the acquisition of Pioneer Cos.Inc.(of Houston,TX),consolidating its position as the fourth largest chloralkali producer in the US.Olin paid US 35 per share,valuing Pioneer at US 141 million.