no one at olin credits all of the company 's major moves to strategy planning. for example, the spinoffs of its aluminum business to consolidated aluminum corp. for 126 million in 1974 ans is olinkraft subsidiary to olin shareholders as a separate company in 1974 were in progress before the system was instituted. nonetheless, says wallace, "the thing the planning process did was keep us from reneging (on the aluminum business sale) when the market turned up.