ashland inc (ASH) Key Developments
Ashland to Invest $89 Million to Expand Specialty Chemical Production in Hopewell, Virigina
Apr 2 15
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
Feb 10 15
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
Feb 4 15
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
Jan 30 15
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
Jan 29 15
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.