[{"text": "Olin Corp. said third-quarter net income rose 26% on the strength of its chemical business."}, {"text": "Net was $24 million, or $1.15 a share, up from $19 million, or 90 cents a share, a year earlier."}, {"text": "Sales rose 7.4% to $580 million from $540 million."}, {"text": "Olin said its chemical segment had profit of $22 million, up from $15 million a year ago, largely because of gains in electrochemicals such as caustic soda."}, {"text": "The company said the gains were tied to volume increases and higher prices."}, {"text": "The market for electrochemicals include the paper, water-purification and textile industries."}, {"text": "The chemical segment had a $6 million gain on the sale of ammonia and urea businesses, which was offset by a $6 million charge for future environmental expenditures."}, {"text": "Profit in Olin's defense and ammunition segment rose to $8 million from $7 million."}, {"text": "The metals segment, hurt by a strike, had break-even results, against $3 million a year ago."}, {"text": "In the first nine months, net rose 21% to $93 million, or $4.52 a share, from $77 million, or $3.62 a share a year ago."}, {"text": "Sales rose 13% to $1.91 billion from $1.69 billion."}, {"text": "In New York Stock Exchange composite trading, Olin closed at $58.50 a share, down 25 cents."}]