June 19, 2017 / 9:38 PM / 5 months ago

BRIEF-Olin updates second quarter 2017 outlook

June 19 (Reuters) - Olin Corp-

* Olin updates second quarter 2017 outlook

* Olin Corp - Q2 2017 adjusted ebitda will be reduced by approximately $45 million

* Olin Corp says for full year 2017, Olin is reiterating annual adjusted ebitda forecast of $1 billion

* Olin Corp - is reiterating annual adjusted ebitda forecast of $1 billion with upside opportunities and downside risks of approximately 5%

* Olin expects second half 2017 adjusted ebitda to be significantly higher than first half 2017 levels

* Olin - q2 adjusted ebitda to be reduced due to impact from extended vinyl chloride monomer (vcm) plant turnaround and an unplanned bisphenol a plant outage

* Olin Corp - during q2, planned vcm plant 40-day maintenance turnaround at freeport, texas facility required an extension of approximately four weeks

* Second half 2017 adjusted ebitda is forecast to benefit from reduced maintenance turnaround activity compared to first half levels

* Olin Corp - second half 2017 adjusted ebitda benefit is expected to be approximately $90 million to $100 million

* Olin - in h2 2017, chlor alkali products and vinyls business forecast to benefit from seasonally stronger demand, improved caustic soda, among others

* Olin Corp - second half 2017 epoxy results are expected to benefit from lower raw material costs than were experienced in first half 2017 Source text for Eikon: Further company coverage:

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