What happened to Ashland Chemical?
What happened to Ashland Chemical?
In May 2017, Ashland spun off its Valvoline business as Valvoline Inc. (NYSE:VVV), the final step of reorganizing itself as a global specialty chemicals company.
What does Ashland Chemical make?
Ashland produces specialty chemical solutions such as architectural coatings, labels, food packaging and additives for energy, construction and pharmaceutical brands. The company sells its ingredients to top name brands such as Unilever, Procter & Gamble and Behr Paint.
Who bought Ashland?
INEOS Enterprises has today announced the completion of the acquisition of the entire composites business from Ashland Global Holdings Inc. (NYSE: ASH). The acquisition also includes a BDO facility in Germany. The businesses included in the transaction have combined sales of more than $1.1 billion per year.
Where is Ashland Inc headquarters?
Wilmington, DE
Ashland Global/Headquarters
Does Ashland Oil still exist?
The original oil refinery in Catlettsburg, Kentucky is still in operation today and is owned and operated by Marathon. In 2006, Ashland sold APAC (the paving and construction division) to Oldcastle Materials of Dublin, Ireland.
What happened to Ashland Oil?
Ashland, once an oil company and now a specialty chemicals company with operations in more than 100 countries, said in a statement that it plans to move its headquarters office from Covington to Wilmington, Delaware within the next 17 months. Ashland’s office in Lexington will be closed.
Is Valvoline owned by Ashland?
In 1949, Ashland Inc. purchased the Freedom-Valvoline Company. Valvoline completed an initial public offering on the New York Stock Exchange on September 22, 2016, ahead of Ashland spinning off Valvoline as an independent company on May 5, 2017.
Where are Ashland products made?
Ashland opened a new pharmaceutical excipient manufacturing facility in Nanjing, China. Ashland announced the opening of the company’s new pharmaceutical excipient facility in Nanjing, China.
Who makes Pennzoil oil?
Shell Oil Company
Who owns Pennzoil? The Pennzoil-Quaker State Company is a subsidiary of Shell Oil Company. Though Shell Oil Company is part of Royal Dutch Shell PLC., all Pennzoil motor oil distributed throughout North America is manufactured in the U.S.
Who makes Mobil oil?
ExxonMobil
Mobil 1 is a brand of synthetic motor oil and other automotive lubrication products. Originally developed by the Mobil oil company, it is now globally marketed and sold by ExxonMobil.
What happened to Ashland oil?
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