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Ashland | Company Information from ICIS

 

Ashland is a diversified company involved in the worldwide supply of chemicals, products and services to primarily the construction, transportation and water industries. It operates through four wholly owned divisions: Ashland Performance Materials, Ashland Distribution, Valvoline and Ashland Water Technologies.

 

Ashland Performance Materials division manufactures and supplies specialty chemicals and customised services. Ashland Distribution distributes chemicals, plastics, reinforcements and resins, and fine ingredients in North America and plastics in Europe. Ashland Water Technologies comprises of Drew Industrial and Drew Marine. Valvoline markets, distributes and produces automotive and industrial products and services.

 

On 13 November Ashland competed its $2.60bn (€2.06bn) acquisition of Hercules. Each share of Hercules common stock outstanding was exchanged for $18.60 in cash and 0.093 of a share of Ashland common stock.

  

Ashland’s key strategic focus is growing as a diversified chemical company both organically and through acquisitions. The company will expand globally in the growing markets of China, Russia and Brazil, as well as in the US, France and Germany.

 

Ashland will integrate its marketing, strategy, and research and development functions into a single organisation. By doing this it will have a “solid foundation” and a growth team that can identify market needs and meet them with new products and services.

 

Operating in more than 100 countries around the world, Ashland has annual sales of around $9bn (fiscal 2010) and employs around 14,700 people.

 

Download the The ICIS Top 100 Chemical Companies listing here

 

Board members

 

Member: Roger Hale

Member: Bernadine Healy

Member: Kathleen Ligocki

Member: Vada Manager

Member: James O'Brien

Member: Barry Perry

Member: Mark Rohr

Member: George Schaefer

Member: Theodore Solso

Member: John Turner

Member: Michael Ward

 

Executive officers

 

Chief executive officer: James O'Brien

Senior VP and CFO: Lamar Chambers

Senior VP and general counsel: David Hausrath

VP and president (Ashland Distribution): Robert Craycraft 

VP (HR and communications): Susan Esler

VP and president (global supply chain, environmental): Theodore Harris

VP and controller: William Heitman

VP and president (Ashland consumer markets): Samuel Mitchell

VP and president (Ashland Aqualon Functional Ingredients) John Panichella

VP and president (Ashland Hercules Water Technologies): Paul Raymond

VP (acquisition integration): Anne Schumann

VP and chief growth officer: Walter Solomon

VP (tax): Scott Gregg

 

 

Contacts

 

Ashland Inc
Corporate Headquarters
50 E. RiverCenter Blvd.
PO Box 391

Covington, KY 41012-0391
US


Tel: +1 859 815 3333

Ashland Specialty Chemical Co and Ashland Distribution Co
5200 Blazer Parkway
Dublin, OH 43017
US


Tel: +1 614 790 3333
Fax: +1 614 790 4119
Email:  csr@ashchem.com

www.ashland.com

Ashland Company Structure

Ashland is a diversified company involved in the worldwide supply of chemicals, products and services to primarily the construction, transportation and water industries. Ashland started in 1924 as a regional petroleum refiner. On 13 November 2008, Ashland acquired Hercules
More about Ashland Structure

Ashland Strategy & Financial Highlights

Ashland’s key strategic focus is growing as a diversified chemical company both organically and through acquisitions. ICIS also provides you with key financial data listed in table form. More about Ashland Strategy & Financial Highlights

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