Exhibit 23.2

                         INDEPENDENT AUDITORS' CONSENT

The Board of Directors
Olin Corporation:

   We consent to the use of our report dated January 31, 2002, with respect to
the consolidated balance sheets of Olin Corporation and subsidiaries as of
December 31, 2001 and 2000, and the related consolidated statements of income,
shareholders' equity and cash flows for each of the years in the three-year
period ended December 31, 2001, incorporated herein by reference, and to the
reference to our firm under the heading "Experts" in such Registration
Statement.

/S/  KPMG LLP

Stamford, Connecticut
August 6, 2002