Olin and Mitsui formed a joint venture.

Olin, a vertically integrated global manufacturer and distributor of chemical products, and Mitsui, a global trading and investment company, formed a joint venture. Financial terms were not disclosed. "Olin's 130-year history in ECUs and Mitsui's 70-year history in trading and logistics creates a natural partnership that will grow Olin's parlay activities and grow Mitsui's capacity to serve on a global scale. This innovative alliance will connect Olin's leading asset positions with global product liquidity to reliably meet growing demand in increasingly sustainable ways. Through this alliance, Olin is committed to delivering strategic, sustainable solutions across the value chain," Scott Sutton, Olin Chairman, President and CEO.