Overcapacity combined with weak downstream demand Olin shut down three global epoxy resin plants
On March 21, epoxy resin supplier Olin announced that it would stop the operation of its Cumene plant in Terneuzen, the Netherlands, and also stop the production of solid epoxy resin at its plants in Gumi, South Korea, and Guaruja, Brazil. Olin first quarter 2023 results are expected to include approximately $57 million of restructuring…
