Ashland Inc. (ASH) NYSE

Currency In USD

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Ashland Inc.

Address

8145 Blazer Drive

Wilmington, DE 19808

United States of America (the)

Phone

302 995 3000

Sector

Basic Materials

Industry

Chemicals - Specialty

Employees

2900

First IPO Date

March 17, 1980

Key Executives

NameTitlePayYear Born
Guillermo NovoChairman & Chief Executive Officer2.67M1962
William C. WhitakerSenior Vice President, Chief Financial Officer & Director of Investor Relations601,7101989
James MinicucciSenior Vice President & GM of Personal Care829,6621982
Osama MusaSenior Vice President & Chief Technology Officer936,1841968
Wayne MuilSenior Vice President of Operations1.12MN/A
Alessandra FaccinSenior Vice President and GM of Life Sciences & Intermediates1.31M1980
Eileen DrurySenior Vice President & Chief HR Officer01968
Robin E. LampkinSenior Vice President, General Counsel & Secretary01963
Carolmarie C. BrownVice President of Corporate Affairs, Global Marketing, Brand & Business Communications0N/A
Samuel A. RichardsonVP, Controller & Principal Accounting Officer01979
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Description

Ashland Inc. operates as a global supplier of specialized chemicals and additives. Its business activities are structured into four main divisions: Life Sciences; Personal Care & Household; Specialty Additives; and Intermediates and Solvents. The Life Sciences segment delivers pharmaceutical formulations, encompassing controlled release polymers, disintegrants, tablet coatings, thickeners, solubilizers, and binding agents for tablets. It also offers nutritional compounds like thickeners, stabilizers, emulsifiers, and various additives, alongside nutraceutical items designed for weight management, joint comfort, gastrointestinal health, sports nutrition, and general well-being. Additionally, this division provides custom formulation services, toll processing, and particle engineering expertise. The Personal Care & Household division manufactures a diverse array of naturally derived, biodegradable, and high-performance ingredients for personal care products. Its offerings extend to solutions for oral hygiene, such as toothpastes, mouthwashes, denture cleansers, and general dental care. For household applications, it supplies nature-sourced rheology modifiers, biodegradable wetting agents for surfaces, advanced encapsulants, and specialized polymers. The Specialty Additives segment's portfolio includes rheology modifiers, agents for foam control, surfactants, wetting agents, pH neutralizers, and advanced ceramic materials, which find application in catalytic converters, environmental filters, components for ceramic capacitors, plasma display panels, and solar cells. Furthermore, it supplies ingredients for textile printing, thermoplastic metals, and alloys utilized in welding processes. The Intermediates and Solvents division is responsible for producing 1,4 butanediol and its associated derivatives, notably n-methylpyrrolidone. Ashland's diverse product portfolio serves clientele across numerous consumer and industrial sectors, including architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceuticals. The company, previously known as Ashland Global Holdings Inc., was established in Wilmington, Delaware, in 1924.

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