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STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION (Details 2) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Stock Options Activity [Rollforward]      
Outstanding at beginning of year (in shares) 4,114,822us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber    
Granted (in shares) 624,200us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod 621,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod 480,250us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
Exercised (in shares) (572,607)olin_SharebasedCompensationArrangmentbySharebasedPaymentAwardOptionsExercisesinPeriod    
Canceled (in shares) (32,662)us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod    
Outstanding at end of year (in shares) 4,133,753us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber 4,114,822us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber  
Option Price, outstanding, beginning of period, minimum (in dollars per share)   $ 14.28olin_OptionPriceOutstandingBeginningOfPeriodMinimum  
Option price, outstanding, beginning of period, maximum (in dollars per share) $ 23.78olin_OptionPriceOutstandingBeginningOfPeriodMaximum    
Option price, granted, minimum (in dollars per share) $ 25.27olin_Optionpricegrantedminimum    
Option price, granted, maximum (in dollars per share) $ 27.64olin_Optionpricegrantedmaximum    
Option price, exercised, minimum (in dollars per share) $ 14.28olin_OptionPriceExercisedMinimum    
Option price exercised, maximum (in dollars per share) $ 23.78olin_OptionPriceExercisedMaximum    
Option price, canceled, minimum (in dollars per share) $ 18.52olin_OptionPriceCanceledMinimum    
Option price, canceled, maximum (in dollars per share) $ 25.57olin_OptionPriceCanceledMaximum    
Option price, outstanding, minimum, end of period (in dollars per share) $ 14.28olin_OptionPriceOutstandingMinimumEndOfPeriod    
Option price, outstanding, maximum, end of period (in dollars per share) $ 27.64olin_OptionPriceOutstandingMaximumEndOfPeriod    
Weighted average option price, beginning of period (in dollars per share) $ 19.33us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice    
Weighted average option price, granted (in dollars per share) $ 25.69us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice $ 23.28us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice $ 21.92us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
Weighted average option price, exercised (in dollars per share) $ 20.13us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice    
Weighted average option price, canceled (in dollars per share) $ 23.81us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice    
Weighted average option price, outstanding, end of period (in dollars per share) $ 20.14us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice $ 19.33us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice  
Options exercisable, beginning of period (in shares) 3,011,702us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber    
Options exercisable, end of period (in shares) 2,976,870us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber 3,011,702us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber  
Weighted average exercise price, exercisable , beginning of period (in dollars per share) $ 18.29us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice    
Weighted average exercise price, exercisable, end of period (in dollars per share) $ 18.50us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice $ 18.29us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice