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Last $126.06 USD
Change Today -1.33 / -1.04%
Volume 390.7K
ASH On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

ashland inc (ASH) Key Developments

Ashland to Invest $89 Million to Expand Specialty Chemical Production in Hopewell, Virigina

Ashland is planning to invest $89 million over the next three years to expand specialty chemical production at its manufacturing facility in Hopewell, Virginia. The investment will target two key product lines: natrosol hydroxyethylcellulose, used a thickening in latex paints; and klucel hydroxypropylcellulose, a high-value technology used to enable time-release delivery in pharmaceutical tablet binders and coatings and other applications. Plant expansion is expected to start in the summer of 2015 and 17 new jobs will be added to the facility.

Ashland Inc. Presents at Gabelli & Company 6th Annual Specialty Chemicals Conference, Mar-26-2015 10:00 AM

Ashland Inc. Presents at Gabelli & Company 6th Annual Specialty Chemicals Conference, Mar-26-2015 10:00 AM. Venue: The Harvard Club, 35 W. 44th St., New York, New York, United States.

Valvoline, aBrand of Ashland Inc., Announces Wide-Scale Availability of its Full Synthetic High Mileage Motor Oil with MaxLife Technology

Valvoline, a brand of Ashland Inc. announced the wide-scale availability of its Full Synthetic High Mileage motor oil with MaxLife technology. The lubricant offers drivers a superior level of engine protection that guards against the three major causes of engine stress: heat, deposits and wear. Valvoline Full Synthetic High Mileage reflects the culmination of years of continued research, technology and innovation from the brand. Valvoline chemists have paired the company's additive chemistry with premium synthetic base oils that meet its exacting standards. The result is a full synthetic formulation that is more durable and provides 40% more anti-wear film than Mobil 1 Synthetic, validated through a three stage evaluation process including lab bench tests, chemical analysis and engine wear tests. In addition to providing more anti-wear film, Valvoline Full Synthetic High Mileage oil is proven to excel in numerous categories, including reduced fuel consumption, emissions systems compatibility, and suitability for all model years.

Ashland Inc. Ratifies the Appointment of Ernst & Young LLP as Independent Registered Public Accountants

Ashland Inc. announced at AGM held on January 29, 2015, the shareholders of the company ratified the appointment of Ernst & Young LLP as independent registered public accountants for fiscal 2015.

Ashland Inc. Declares Regular Quarterly Cash Dividend, Payable on March 15, 2015

The board of directors of Ashland Inc. has declared a quarterly cash dividend of 34 cents per share on the company's common stock. The dividend is payable on March 15, 2015, to shareholders of record at the close of business on February 13, 2015.

 

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ASH:US $126.06 USD -1.33

ASH Competitors

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Company Last Change
Celanese Corp $67.18 USD +9.04
Clariant AG SFr.19.95 CHF -0.30
Valspar Corp/The $81.76 USD -0.64
Wacker Chemie AG €107.75 EUR -2.45
Westlake Chemical Corp $76.43 USD -0.97
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Industry Analysis

ASH

Industry Average

Valuation ASH Industry Range
Price/Earnings 100.0x
Price/Sales 1.4x
Price/Book 2.6x
Price/Cash Flow 56.3x
TEV/Sales 0.7x
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