On January 10, 2023, Olin Corporation and Mitsui & Co., Ltd. announced that Blue Water Alliance J.V., LLP had received all required regulatory approvals and is beginning operations.
Olin and Mitsui announced Blue Water Alliance (BWA) as a joint venture in March 2022. Headquartered in Houston, TX, USA, BWA combines Mitsui's industry-leading global logistics, long-established supplier and customer relationships, and breadth of the product portfolio with Olin's scale, North American export capability, production flexibility, and extensive global terminal network across the electrochemical unit (ECU) portfolio.
BWA is an independent global dealer in ECU-based derivatives and was established to foster sustainability, efficiency, and excellence in the global shipping and management of caustic soda and ethylene dichloride (EDC). It is transforming how the industry manages these essential products, connecting producers with customers to deliver supplies as needed in an efficient, sustainable, safe, and cost-effective manner.
"We're excited to begin delivering strategic solutions through our integrated global supply, trading, marketing, and logistic capabilities. We aim to enable reliable caustic soda and EDC supply through an efficient, sustainable, and cost-effective approach while accelerating industrial decarbonization efforts," commented Luiz Pimentel, General Manager of Blue Water Alliance.
About Olin Corporation
Founded in 1892, Olin Corporation is a global chemical product and leading U.S. ammunition manufacturer. It started as a small blasting powder supplier in East Alton, Illinois, and after a few decades of success and fruitful acquisitions, it grew to encompass several complementary business units. Its products include chlorine, caustic soda, epoxies, vinyls, chlorinated organics, bleach, hydrogen, and hydrochloric acid. In 1931 it incorporated Winchester, the leading manufacturer of sporting & law enforcement ammunition, small caliber military ammunition and components, reloading components, and industrial cartridges in the United States. Its businesses employ about 8,000 professionals in more than 20 countries, with customers in 100 countries across the globe.