EX-21 3 oln-2017exhibit21.htm SUSIDIARIES Exhibit
Exhibit 21
SUBSIDIARIES OF OLIN CORPORATION1 
(As of December 31, 2017)

Company
Shareholders/Members
% Ownership
Jurisdiction
Blue Cube Holding LLC
Blue Cube Spinco LLC
100
DE
Blue Cube Intermediate Holding 1 LLC
Blue Cube Holdings C.V.
100
DE
Blue Cube Intermediate Holding 2 LLC
Blue Cube Holdings C.V.
100
DE
Blue Cube International Holdings LLC
Blue Cube Spinco LLC
100
DE
Blue Cube IP LLC
Blue Cube Holding LLC
100
DE
Blue Cube Operations LLC
Blue Cube Holding LLC
100
DE
Blue Cube Spinco LLC (see footnote 2)
Olin
100
DE
Bridgeport Brass Corporation
Olin
100
IN
Henderson Groundwater LLC
Pioneer Americas LLC has a 1/3 ownership in this limited liability company that will be treated as a partnership for income tax purposes
33
NV
HPCM LLC
K. A. Steel Chemicals Inc.
100
DE
Hunt Trading Co.
Olin
100
MO
Imperial West Chemical Co.
Pioneer Companies, LLC
100
NV
K. A. Steel Chemicals Inc.
Olin
100
DE
K. A. Steel International
K. A. Steel Chemicals Inc.
100
DE
KAS Muscatine LLC
K. A. Steel Chemicals Inc.
100
IA
KNA California, Inc. (see footnote 3)
Imperial West Chemical Co.
100
DE
KWT, Inc.
Pioneer Water Technologies, Inc.
100
DE
LTC Reserve Corp.
Olin
100
DE
Monarch Brass & Copper Corp.
Olin
100
NY
Monarch Brass & Copper of New England Corp.
Monarch Brass & Copper Corp.
100
RI
New Haven Copper Company
Monarch Brass & Copper Corp.
100
CT
Olin Benefits Management, Inc.
Olin
100
CA
Olin Business Holdings
Olin Corporation;
Olin Engineered Systems, Inc.;
Pioneer Americas LLC 
62.05
36.15
  1.80
DE
Olin Chlor Alkali Logistics Inc.
Olin Sunbelt, Inc.;
Olin Sunbelt II, Inc.
50
50
DE
Olin Chlorine 7, LLC
Blue Cube Holding LLC
100
DE
Olin Engineered Systems, Inc.
Olin
100
DE
Olin Far East, Limited
Olin
100
DE
Olin Finance Company, LLC
Olin
100
DE
Olin Financial Services Inc.
Olin
100
DE
Olin Funding Company LLC
Olin
100
DE
Olin North American Holdings, Inc.
Olin
100
DE
Olin Sunbelt, Inc.
Olin
100
DE
Olin Sunbelt II, Inc.
Olin
100
DE
Olin Winchester, LLC
Olin
100
DE
Pioneer Americas LLC
Olin Canada ULC
100
DE
Pioneer Companies, LLC
Olin North American Holdings, Inc.
100
DE
Pioneer (East), Inc.
Pioneer Companies, LLC
100
DE
Pioneer Licensing, Inc.
Pioneer Companies, LLC
100
DE
Pioneer Transportation LLC
Olin Business Holdings
100
DE
Pioneer Water Technologies, Inc.
Pioneer Companies, LLC
100
DE
Ravenna Arsenal, Inc.
Olin
100
OH
Sunbelt Chlor Alkali Partnership
Olin;
Olin Sunbelt, Inc.;
Olin Sunbelt II, Inc.
30.5
41
28.5
DE
TriOlin, LLC
Olin
100
DE



U.S. Munitions, LLC
Joint venture company with Winchester Defense, LLC;
BAE Systems Ordnance Systems, Inc. 
49

51
DE
Waterbury Rolling Mills, Inc.
Monarch Brass & Copper Corp.
100
CT
Winchester Ammunition, Inc.
Olin
100
DE
Winchester Defense, LLC
Olin
100
DE
 
 
 
 
INTERNATIONAL
 
 
 
3229897 Nova Scotia Co.
Blue Cube Holding LLC
100
Nova Scotia,
Canada
BC Chemicals Singapore Pte. Ltd.
Blue Cube Chemicals Singapore Pte. Ltd.
100
Singapore
BC Switzerland GmbH
Nedastra Holding B.V.
100
Switzerland
Blue Cube Argentina Srl
Blue Cube Holding LLC
100
Argentina
Blue Cube Australia Pty Ltd
Blue Cube Chemicals Singapore Pte. Ltd.
100
Australia
Blue Cube Belgium BVBA
Nedastra Holding B.V.
100
Belgium
Blue Cube Brasil Comércio de Produtos Químicos Ltda. (See footnote 4 for Subordinates)
Nedastra Holding B.V.
100
Brazil
Blue Cube Chemicals FZE
Nedastra Holding B.V.
100
UAE
Blue Cube Chemicals Hong Kong Limited
Blue Cube Chemicals Singapore Pte. Ltd.
100
Hong Kong
Blue Cube Chemicals India Private Limited
Blue Cube Chemicals Singapore Pte. Ltd. (41,259,999 equity shares)
BC Chemicals Singapore Pte. Ltd. (1 equity share)
100
India
Blue Cube Chemicals Italy S.r.l.
Nedastra Holding B.V.
100
Italy
Blue Cube Chemical Korea Ltd.
Blue Cube Chemicals (Zhangjiagang) Co., Ltd.
100
Korea
Blue Cube Chemicals Singapore Pte. Ltd.
Nedastra Holding B.V.
100
Singapore
Blue Cube Chemicals Singapore Pte. Ltd. Taiwan Branch
Blue Cube Chemicals Singapore Pte. Ltd.
100
Taiwan
Blue Cube Chemicals South Africa Pty Ltd
Nedastra Holding B.V.
100
South Africa
Blue Cube Chemicals (UK) Limited
Nedastra Holding B.V.
100
United Kingdom
Blue Cube Chemicals (Zhangjiagang) Co., Ltd.
Blue Cube Chemicals Singapore Pte. Ltd.
100
China
Blue Cube Chemicals (Zhangjiagang) Co., Ltd. Shanghai Branch
Blue Cube Chemicals (Zhangjiagang) Co., Ltd.
100
China
Blue Cube Chile Commercial Limitada
Blue Cube Holding LLC
100
Chile
Blue Cube Colombia Ltda
Blue Cube Holding LLC;
1% minority interest owned by Blue Cube Operations LLC
99
01
Colombia
Blue Cube Denmark ApS
Nedastra Holding B.V.
100
Denmark
Blue Cube France
Nedastra Holding B.V.
100
France
Blue Cube Germany Assets GmbH & Co. KG
Blue Cube Germany Assets Management GmbH (General partner);
Nedastra Holding B.V. (Limited partner)
0

100
Germany
Blue Cube Germany Assets Management GmbH
Nedastra Holding B.V.
100
Germany
Blue Cube Germany Productions GmbH & Co. KG
Blue Cube Germany Productions Management GmbH (General partner);
0
Germany
 
Nedastra Holding B.V. (Limited partner)
100
 
Blue Cube Germany Productions Management GmbH
Nedastra Holding B.V.
100
Germany
Blue Cube Holdings C.V.
Blue Cube International Holdings LLC;
99.99
Netherlands
 
Blue Cube Holding LLC
  0.01
 
Blue Cube Japan LLC
Blue Cube Chemicals Singapore Pte. Ltd.
100
Japan
Blue Cube Mexico, S. de R.L. de C.V.
Blue Cube Holding LLC;
2% minority interest owned by Blue Cube Operations LLC
98
02
Mexico
Blue Cube Netherlands B.V.
Olin Netherlands Holding B.V.
100
Netherlands
Blue Cube Poland Sp.z.o.o.
Nedastra Holding B.V.
100
Poland
Blue Cube Rasha OOO
Nedastra Holding B.V.
99.995
Russia
 
Olin Netherlands Holding B.V.
  0.005
Netherlands



Blue Cube Servicios Administrativos S. de R. L. de C.V.
Blue Cube Holding LLC;
10% minority interest owned by Blue Cube Operations LLC
90
10
Mexico
Blue Cube Spain S.L. Sociedad Unipersonal
Nedastra Holding B.V.
100
Spain
Blue Cube (Thailand) Company Limited
Blue Cube Holding LLC;
99.998
Thailand
 
0.001% minority interest owned by Blue Cube Operations LLC;
0.001
 
 
0.001% minority interest owned by Blue Cube IP LLC
0.001
 
Blue Cube (Thailand) Company Limited Hong Kong Branch
Blue Cube (Thailand) Company Limited
100
Hong Kong
Blue Cube Turkey Kimyasal Ürünler Limited Şirketi
Nedastra Holding B.V.
100
Turkey
CANSO Chemicals Limited
Olin Canada ULC;
Northern Pulp is the other 50% owner (Pioneer related)
50
50
Nova Scotia,
Canada
Olin Germany AP LTP GmbH
Blue Cube Germany Assets GmbH & Co. KG
100
Germany
Olin Germany Upstream GmbH & Co. KG
Blue Cube Germany Assets GmbH & Co. KG
100
Germany
Olin Hunt Specialty Products S.r.l.
Olin Corporation;
Hunt Trading Co.
99
01
Italy
Olin Netherlands Holding B.V.
Nedastra International B.V.
100
Netherlands
Nedastra Holding B.V.
Nedastra International C.V.
100
Netherlands
Nedastra International C.V.
Blue Cube Intermediate Holding 2 LLC;
Blue Cube Intermediate Holding 1 LLC
99.496
0.504
Netherlands
Nutmeg Insurance Limited
Olin
100
Bermuda
Olin Canada ULC
Olin North American Holdings, Inc.
100
Nova Scotia, Canada
Winchester Australia Limited
Olin
100
Australia

Footnotes:

1
Omitted from the following list are the names of certain subsidiaries which, if considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary
 
 
2
Blue Cube Spinco Inc. was converted to Blue Cube Spinco LLC effective December 31, 2017
 
 
3
In California only, this entity conducts business under the name of Kemwater KNA California, Inc.
 
 
4
Subordinates of Blue Cube Brasil Comércio de Produtos Químicos Ltda.:

•    Sâo Paulo Branch of Blue Cube Brasil Comércio de Produtos Químicos Ltda.
•    Bahia Branch of Blue Cube Brasil Comércio de Produtos Químicos Ltda. (Caustic Soda)
•    Paraná Branch of Blue Cube Brasil Comércio de Produtos Químicos Ltda. (Caustic Soda)