Olin Prepares to Begin Demolition of Former Chlorine Unit in Louisiana

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Researched by Industrial Info Resources (Sugar Land, Texas)--Earlier this quarter, Olin Corporation (NYSE:OLN) (Clayton, Missouri) completed construction of a major technology conversion project that eliminated mercury-cell technology from its Saint Gabriel, Louisiana, chlorine manufacturing plant. The completion of this project is consistent with the efforts of PPG Industries Incorporated (NYSE:PPG) (Pittsburgh, Pennsylvania) and other industry peers that formerly produced chlorine from mercury-cell technology. The elimination of this technology became not only a requirement for most producers, but also a responsibility to local communities to reduce mercury emissions and future environmental hazards.

Olin has secured the Miami, Florida, office of CH2M Hill (Englewood, Colorado) as the construction manager to dismantle and demolish the former mercury-cell production unit located at the Saint Gabriel plant site. CH2M Hill has in turn selected R&R Construction Incorporated (Sulphur, Louisiana) as the general contractor for the project, with plans to mobilize and begin dismantlement in July.

The dismantlement of idle equipment and plant assets that might be an environmental hazard or has some value as scrap or used equipment has increased dramatically during the past couple of years. Even before the economic meltdown began in mid-2008, many in the Chemical Processing Industry (CPI) were consolidating large portions of their operations in order to streamline production processes. This ongoing consolidation has created a huge market for used-equipment buyers and demolition companies alike. Industrial Info, as part of its North American Industrial Database, is currently tracking an estimated 60 CPI plant locations across the United States and Canada in which nearly $175 million is being invested to eliminate shuttered or closed manufacturing assets. As the CPI continues to wade through tough economic times, there are certain to be an increasing number of unit closures and quality equipment available for purchase and relocation.

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